The Strategic Project Manager's Guide by Ir. Dr Peter Kwan - HTML preview

PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub for a complete version.

21

 

21

 

 

Chapter 5

 

 

Image

Image

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

22

 

22

 

Chapter 5

Project Initiation Strategy

 

1.0 The Project Brief

 

2.0 The Project Execution Plan

 

3.0 The Feasibility Study

 

4.0 The Project Appraisal and Selection

 

1.0 The Project Brief

 

1.1 Location of the project

 

1.2 Brief title of the project

 

1.3 Objectives

 

1.4 Scope of work

 

.5 Standard requirements

 

a) Time

b) Cost

c) Quality

 

.6 Other special requirements or constraints

 

.7 Standards and free supply drawings

 

.8 Liaison officers

 

.9 Other consultants and leading designers

 

2.0 The Project Execution Plan

 

2.1 A project execution plan is a statement or an action plan of the project objectives and strategies. It is usually produced at the beginning or initial stage of a project.

 

2.2 It serves as a means of communication and a measuring tool for project control and performance.

 

.3  The project execution plan shall comprise the following:

 

a) The project objectives
b) The scope of work
c) The constraints

 

 

 

23

 

23

 

d) A cost plan
e) A programme
f) The control procedures and approvals
g) The contract strategy
h) The contingency plan
i) The commissioning proposal
j) The problem areas
k) Any major risks
l) Reporting procedures and reviews

 

 

 

3.0 The Feasibility Study

 

3.1 Whenever the buildability of a project or its value for money

in question, a feasibility study will be conducted to evaluate

the following:

 

a) Its feasibility
b) The possible alternatives for satisfying the requirements
c) The cost options of each alternatives
d) The time scale of each option together with is pros and cons

 

3.2 In carrying out a feasibility study action plan, the following

should be considered:

 

a) Check the brief
b) Appoint a team leader
c) Clarify the scope of the feasibility study
d) Advise the deliverables
e) Assess the impact of the study in relation to the corporate policy
f) Estimate the resources
g) Establish budget and time scale for the feasibility report
h) Agree the reporting level and format
i) Allocate responsibility and tasks
j) Carry out the study
k) Conclude with a draft report
l) Submit report for comment and amend
m) Submit final report

 

 

 

 

 

 

 

 

 

 

 

 

24

 

24

 

3.3 Contents of feasibility Study

 

a) Description and definition of the project
b) Reasons or objectives of the project
c) Method of the project
d) The technical assessment
Desk top research
Field research
Mathematical research

 

e) The financial assessment
Life cycle costing by net present value method
Capital cost
Services cost
Operation cost
Maintenance cost
Energy cost
f) Risk analysis
g) Resources requirements
h) Alternatives / options
i) Recommendations
j) Contingencies
k) Conclusion
l) Executive summary
m) References

 

4.0 The Project appraisal and selection

 

4.1 An appraisal usually consists of the following steps

a) Define the objectives
b) Consider the potions
c) Identify the costs and benefits of each option
d) Discount those costs and benefits which can be quantified by the use of net present value method
e) Weigh up any uncertainties
f) Assess other non-financial factors
g) Draw up the conclusions and present recommendations

 

 

 

 

References 6.8.9.

 

 

 

 

 

 

25

 

25

 

26

 

26

 

 

 

 

Thank you for your interest in The Strategic Project Manager’s Guide

 

Please go to Kindle / Google Play Store to unlock the full version of

 

The Strategic Project Manager’s Guide.

 

Kindle book: https://www.amazon.com/Strategic-Project-Managers-Guide-ebook/dp/B06XT275X8/ref=sr_1_1?ie=UTF8&qid=1490763714&sr=8-1&keywords=The+Strategic+Project+Manager%27s+Guide

 

Google Play Store: https://play.google.com/store/books/details?id=M5m8UqvVR2EC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Readers Information Feedback

1. If you have any suggestions or queries to make for this book, please fax to:26093708 or email: hkcehkice@gmail.com

2. If you would like to purchase more copies of this book, you may do so by fax to the same number 26093708. If you purchase for two books, you may enjoy a discount of 20% or the above email or call +852 26871208

 

 

Ecopy version is USD 10 or HKD 80.

 

 

 

 

 

 

 

 

 

 

 

 

Name:________________________________________________________________

 

Telephone: ________Pager: __________________ _______________

 

Fax Number: __________________________________________ _______________

 

 

 

 

 

Image

 

 

Image

 

You may also like...

  • Introdução à Física do Estado Sólido
    Introdução à Física do Estado Sólido Engineering (Academic) by Hilton Andrade de Mello
    Introdução à Física do Estado Sólido
    Introdução à Física do Estado Sólido

    Reads:
    14

    Pages:
    138

    Published:
    Dec 2022

    Começando com as noções sobre a estrutura atomica, este livro abrange todos os aspectos básicos da Física dos Semidondutores, apresentando as noçoes sobre Mec...

    Formats: PDF, Epub, Kindle, TXT

  • Manual da Faixa do Cidadão
    Manual da Faixa do Cidadão Engineering (Academic) by Hilton Andrade de Mello
    Manual da Faixa do Cidadão
    Manual da Faixa do Cidadão

    Reads:
    7

    Pages:
    141

    Published:
    Dec 2022

    Ingresse no mundo das radiocomunicações com sua própria estação do Serviço Rádio do Cidadão: como obter a licença, escolha e instalação de estações fixas e mó...

    Formats: PDF, Epub, Kindle, TXT

  • Circuitos Integrados
    Circuitos Integrados Engineering (Academic) by Hilton Andrade de Mello
    Circuitos Integrados
    Circuitos Integrados

    Reads:
    32

    Pages:
    171

    Published:
    Dec 2022

    Livro-texto para as escolas tecnicas de eletronica, abrangendo desde as noções básicas de fabricação dos circuitos integrados até a sua utilização no projeto ...

    Formats: PDF, Epub, Kindle, TXT

  • DUBINA 2021
    DUBINA 2021 Engineering (Academic) by Anton Dubina
    DUBINA 2021
    DUBINA 2021

    Reads:
    152

    Pages:
    56

    Published:
    Dec 2020

    The book presents groundbreaking technologies that will take electric vehicles to the next level and create a new era of self-driving electric cars. Reading t...

    Formats: PDF, Epub, Kindle, TXT