popular biz reading
Marketing Mix: Promotion
Employee Turnover
Marketing Mix: Price
Planning and Organizing
Maslow's Hierarchy of Needs
Key Performance Indicators
Sustainable Competitive Advantage
Ishikawa Fishbone Diagram
Price Determination
Supply Chain Concept
Employee Induction
3 Basic Finance Statements
Sales Forecast Accuracy
FMCG Sales Boosting
OTIF - On Time In Full
Merchandising at the Point of Sales
Promotion Mix: Advertising
Employee Motivation
Porter's 5 Forces
biz sponsors
BrainCast Relaxation
Advertise on Biz Development
My BrainCast
Energy Booster
biz archive

My Introspective

by Laurus Nobilis
My BrainCast

Performance Management

PROJECT MANAGEMENT How to Dermine the Value of the Project? (E)


Project Management



What is the project? How to select and justify the project? How to plan and execute the project?


Posted: Sep 2010




In everyday's business activities, many opportunities arise that could be considered as projects. If the project is large inough enough ( financialy ), its return on investment and level of priority needs to be determined in order to evaluate it against other projects. These types of projects are called capital projects. They require from company to invest its money—its capital—to implement the project. Capital projects are evaluated on following factors:

  • Cost/benefit analysis – The costs of the project are compared with the benefits of the project.

  • Time value of money – The future value of today’s money.

  • Present value of future payments – The value today of future cash flows.

    Project Management is a management method that is used to plan, organize and control project activities. The project is initiated by executive committee that will initiate project work.The basic concept of Project Management is the delegation of general management authority to the Project Leader.

  • Risk – Assessment of project failure risks.


Cost/benefit analysis, the time value of money, and risk are components of many financial methods that are used to evaluate a project. Some of the methods are:

  • Simple Payback

  • Average Return on Investment

  • Net Present Value

  • Internal Rate of Return

Every method has it application and ocasion. Before that, it is neccessary to to define the time value of money and the present value of future payments to better understand the formulas.


Continue on Project Management:
1. Project Management Overview 
2. 9 Areas of Project Management 
3. Project Lifecycle – 5 Stages of Project  
4. How to Determinine a Value of the Project? 
    4.1. Simple Payback 
    4.2. Average Return on Investment (ROI) 
    4.3. Net Present Value (NPV) 
    4.4. Internal Rate of Return (IRR) 
    4.5. Cost/benefit analysis 
    4.6. Time value of money 
    4.7. Present value of future payments 
    4.8. Justification of Addopted project 
5. Project Planning – Project Charte
6. Work Cascading Structure (WBS) 
7. Project Scheduling ( Arrow-on-Arrow and Gantt Chart ) 
8. Project Scheduling  ( CPM and PERT ) 
9. The Responisbility Matrix 
10. Resources and Budget Planning 
11. Clasification of Projects





My BrainCast Self Improvement
blog comments powered by Disqus
My BrainCast My BrainCast energy Booster My Braincast Deep Sleep
My BrainCast Mandala Meditation My BrainCast Relaxation