Page 54 - DMGT521_PROJECT_MANAGEMENT

Ginni Nijhawan, Lovely Professional University
Unit 4: Project Analysis and Selection

Unit 4: Project Analysis and Selection Notes

CONTENTS
Objectives
Introduction
4.1 Project Initiation and Resource Allocation

4.2 Resource Allocation
4.3 Why is Resource Allocation needed?
4.3.1 Rising cost of healthcare
4.3.2 Healthcare Rationing

4.3.3 Oregon Health Plan
4.4 Market Analysis and Demand Analysis
4.4.1 Need for Demand Forecasting
4.4.2 Uncertainties in Demand Forecasting
4.4.3 Levels of Demand Forecasting
4.5 Criteria for a Good Forecasting Method

4.5.1 Methods of Forecasting Demand
4.6 Technical Analysis
4.6.1 Choice of Technology
4.6.2 Appropriateness of Technology
4.6.3 Technical Arrangements

4.7 Material Inputs and Utilities
4.8 Basis of Government Regulatory Framework
4.9 Project Proposal and Project Portfolio Process
4.9.1 What makes a good proposal?
4.9.2 Required Format
4.10 Summary

4.11 Keywords
4.12 Review Questions
4.13 Further Readings

Objectives

After studying this unit, you will be able to:

 Know about project initiation and resource allocation
 Understand market analysis and demand analysis
 Know about the technical analysis

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