Basics of Project Management

Basics of Project Management tutorial guides , articles and tips for project managers

What are the features of a project?

What are the features of a project? A distinct mission, that is a unique one It has a clear termination point It can be a part of a broader program The chief virtue of a project is in identifying a nice, tidy work package within a bewildering array of objectives, alternatives and activities. It can [...]

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Definition of a Project

Definition of Project Project can be defined as a temporary endeavor to create a unique product or service. Newman et al. defined a project and described its value as simply a that cluster of activities that is relatively separate and clear cut. Its examples are designing a new package, building a plant etc. It can [...]

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What is a Project ?

What is a Project? Organizations perform different work. These works consist of operations or projects though some work may overlap. Similarity between operation and project are: They are performed by people Only limited resources They are planned, executed and controlled Difference between operations and projects are Operations can be repetitive, meaning they are not unique [...]

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Techniques for Capital Expenditure Analysis (Cost Engineering) Tutorial Book

This work examines the most important techniques for analyzing the profitability of capital investments. It discusses time value mechanics and financial concepts, including discounted cash flow, return on investment, incremental analysis, cash flow tables, income taxes, depreciation, cost of capital and risk analysis. It provides a broad introduction to project evaluation and data needs.;This book [...]

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Importance and difficulties of Capital expenditure

Here you can understand about the importance and difficulties of Capital expenditure. Importance Capital expenditure decisions represent the most important decision taken by a company. Their importance from three inter – related reasons. Effects in the long Run: the consequences of capital expenditure decisions extend into the feature. The scope of current manufacture activities of [...]

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Definition of a capital expenditure

Here you will understand what is meant by capital expenditure and its definition. OVERVIEW Whether it is a small steel plant or a company install a computer system for information processing or a student is planning to bay moped, all the above situation involve a capital expenditure decision. Each as the above represents a scheme [...]

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