Program and Project Developent and Management
Program and Project Developent and Management
Project - is viewed as a complex plan of actions and investment at a selected location, that are
designed to meet output capacity, or transformation goals in a given time using systematic techniques.
“This prescriptive approach is concerned with “what should be done” rather than “ what does happen”.
Project- is any undertaking with a defined starting point and defined objectives by which completion is
identified. This is broad, indicating its origins in terms of construction and defense and space systems, but
also including modern concepts of new products and/or process design, implementation and even cost
reduction and methods of project improvement. What is clear is that projects are composed of activities,
usually non-repetitive, operating as an interrelated set of items which have technologically determined
relationships. One activity must be completed before another begins; or two or three activities can take
place at the same time; or some activities are on hold while others are taking place.etc. Projects involve
multiple resources, human an nonhuman, which require coordination.
Project- is any activity that involves the use of one or more scarce resources in a specific period for the
purpose of producing a socio-economic return in the form of goods and services. As such, a project may
be viewed as an investment where investment is taken in its broad context to include expenditures not
only on infrastructure facilities and equipment but also on social overhead such as education, health and
nutrition services.
The purpose of planning is to determine the best possible way of achieving specified development
objectives within given period at the least possible cost.
Project development is a cycle of activity which runs through the principal stages. It is a cycle because
each stages of analysis develops from preceding ones and in turn leads into subsequent stages of
investigation. Alternatives are screened through a series of evaluation; some are eliminated at early
stages and those that remains are further scrutinized in succeeding stages, until finally a definite project
is singled out for financing and implementation. Upon completion, the project is re-appraised and findings
are recorded and use it for guide in subsequent project planning.
1. Feasibility Stage
Project Identification and formulation
Project feasibility studies
Strategy design and appraisal
Go/No go decision
2. Design Stage
Technical design
Detailed cost and schedules
Contract terms and conditions
Detailed planning