Page 96 - DMGT521_PROJECT_MANAGEMENT

Unit 6: Generation and Screening of Project Ideas

Self Assessment Notes

Fill in the blanks:
6. A significant feature of the ………………… is that it can be utilized to fit the needs of
almost any individual project, small or large.

7. Effective early ………………… improves project performance in terms of both cost and
schedule.
8. The PDRI can benefit facility owners such as …………………, as well as designers and
constructors.
9. The PDRI provides a means for all project participants to communicate and reconcile
differences using an objective tool as a common basis for project scope …………………
10. A means for ………………… participants to reconcile differences using a common basis
for project evaluation.
6.5 Summary

 Project ideas are generated through different sources like customers, competitors, and
employees.

 The project managers should analyze the business environment that consists of the economic
sector, the governmental sector, the technological sector, the socio-demographic sector,
the competition sector and the supplier sector.
 Standard idea-generation techniques concentrate on combining or adapting existing ideas.
 Enablers are activities and actions that assist with, rather than directly provoke, idea
generation.
 The ability to generate new ideas is an essential work skill today.
 Organizational environment consists of both external and internal factors.

 Internal analysis of the environment is the first step of environment scanning.
 Organizations should observe the internal organizational environment.
 One important reason for formulating marketing strategy is to prepare the company to
interact with the changing environment in which it operates.

 Corporate appraisal refers to an examination of the entire organization from different
angles.

 The Project Definition Rating Index (PDRI) for Building Projects is a powerful and simple
tool that helps meet this need by offering a method to measure project scope definition for
completeness.

6.6 Keywords

Corporate Appraisal: It refers to an examination of the entire organization from different
angles.
Environmental Scanning: It refers to possession and utilization of information about occasions,
patterns, trends, and relationships within an organization’s internal and external environment.

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