PROJECT FORMULATION AND APPRAISAL
SYLLABUS
UNIT I
Economic planning and development – Need in the globalization era – Projects and sectoral development: Agricultural,
Industrial, Infrastructural, Educational and Social Welfare sectors.
UNIT II
Conceptual framework of project management – Project – Meaning and definition; Features of projects; Classification
and types of projects – Overseas rejects – Turnkey projects and its significance – Project life cycle: Significance,
Stages, Approaches of privatization projects: BOOM, BOT, BOO, BOOT.
UNIT III
Project identification: Scouting and screening of project ideas – Basic criteria or selecting the best project
opportunities – Project identification for an existing company.
UNIT IV
Project formulation – Meaning – Stages in project formulation – Need for feasibility studies – Technical and organizational
aspects and economic and commercial aspects.
UNIT V
Project appraisal – Market appraisal – Appraisal of managerial and technical aspects – Financial and commercial
appraisal – Economic analysis: Economies of scale, Employment generation, social cost and benefit analysis, Contribution
to government revenue, Political stability, Priority and Evaluation of international competitiveness – Feasibility studies
– Need for feasibility studies. Components of feasibility studies – Feasibility report preparation.