PROJECT DEVELOPMENT PHASES

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PROJECT DEVELOPMENT PHASES/ CYCLE:

PROJECT DEVELOPMENT PHASES/ CYCLE Lorelyn T. Dumaug on

INTRODUCTION:

INTRODUCTION Project Identification is simply a process of knowing and focusing on a new venture to pursue within a certain period and attain a given objective.

Objectives::

Objectives: Develop a data base ; Identify development problems and potentials , Determine goal /objective and set targets Identif y and select projects

Developing data base:

Developing data base FIRST OBJECTIVE

2 STEPS::

2 STEPS: Preparing a comprehensive (socio-economic) profile of the community, the company of the industry. B. Analyzing the data

Identifying Development Problem and Potential :

Identifying Development Problem and Potential SECOND GOAL:

Methods of Identifying the Problem :

Methods of Identifying the Problem Tabular Analysis Participative Identification Reliance on Higher Level Plan

Tabular Analysis:

Tabular Analysis This includes the use of planning standards in which existing conditions are compared to determine areas that are lagging behind, or deficient in some service facility. This process usually includes historical analysis of statistics, ratios and indicators.

Participative Identification:

Participative Identification This involves the participation of community people or representative groups through survey , interview, meetings or involvement in the planning process.

Reliance on Higher Level Plan:

Reliance on Higher Level Plan This involves the use of national plans, regional plans in identifying needs or problem.

RANKING MECHANISM:

RANKING MECHANISM DEVELOPMENT INDICATORS WEIGHTED SCORE PROJECTS 1 2 3 SOCIO-ECONOMIC DESIRABILITY 30% FINANCIAL REQUIREMENT 30% SOCIO-POLITICAL IMPACT 20% PROMOTION OF REGIONAL GROWTH 20% AVERAGE SCORE 100%

FORM FOR IDENTIFYING PROBLEM AREAS:

FORM FOR IDENTIFYING PROBLEM AREAS Indicators Problem Areas Potentials Constraints Economic Social Physical Political Institutional Financial Infrastructure

Analysis of socio-economic indicators :

Analysis of socio-economic indicators Indicators ACTUAL FIGURES STATEMENT OF CONDITIONS Income Area Population Size of Labor Force Average Annual Income Rates of Malnutrition Number of Schools Number of Banks Type & No. of Industries Etc.

PROJECT PREPARATION:

PROJECT PREPARATION

PROJECT PREPARATION:

PROJECT PREPARATION Following project identification is a series of activities to prepare for implementation. It is essentially the conduct of a feasibility study to determine if the proposed project can should be undertaken.

TWO STEPS::

TWO STEPS: Preparation for a feasibility study to provide information that will determine if detailed planning should proceed or not; Preparation of detailed planning after determination that the project is worth pursuing.

PLAN AND ORGANIZE:

PLAN AND ORGANIZE Term of Reference (TOR). TOR for each member Flow Chart of the activities List of data requirements Consulting services Organize the team Organizational Meetings and Team Building

ASPECTS OF FEASIBILITY STUDY:

ASPECTS OF FEASIBILITY STUDY Market Aspect- it seeks to determine the extent to which the product/service to be generated is needed. Technical Aspect – itseeks to identify and analyze alternative ways to carry out the project location, size,and the like.

FINANCIAL ANALYSIS:

FINANCIAL ANALYSIS The financial study is designed to determine the financial feasibility of the project. It should show that: 1. expected earnings are sufficient to cover the total project costs; 2. Full servicing of the debt is taken cared; 3. Reasonable margin of profit.

SOCIO-ECONOMIC ANALYSIS:

SOCIO-ECONOMIC ANALYSIS It seeks to determine the contributions in terms of social and economic benefits.

OPERATIONAL/ MANAGEMENT ASPECT:

OPERATIONAL/ MANAGEMENT ASPECT It seeks to determine if the project can be implemented and operated.To determine: Political acceptability and legality 2. Adequate institutional and educational arrangement; 3. Availability of resources.

LEVELS OF FEASIBILITY ANALYSIS:

LEVELS OF FEASIBILITY ANALYSIS Prefeasibility - a simplified version of feasibility Feasibility study- the actual and detailed study

Options in Implementing FS:

Options in Implementing FS The proponent of the project ( government and private will undertake the study) Other specialized government unit Consultants maybe employed

TIPS IN PROJECT PREPARATION:

TIPS IN PROJECT PREPARATION Gather first hand information. Develop confidence and exercise judgement . Keep a critical and open mind. Develop a supportive environment. Focus on critical aspects of the project.

PROJECT APPRAISAL AND FINANCING:

PROJECT APPRAISAL AND FINANCING

PROJECT APPRAISAL AND FINANCING:

PROJECT APPRAISAL AND FINANCING It constitutes the link between a feasible project and its implementation.

PROJECT APPRAISAL:

PROJECT APPRAISAL It is a critical review of a project proposal submitted for consideration to determine if it is worth pursuing. It focuses on the market, technical, financial ,economic, management,and others crucial to the life of a project.

ASPECTS OF APPRAISAL PROCESS:

ASPECTS OF APPRAISAL PROCESS Technical Financial Economic Management and organizational Political andlegal Socio-cultural

FINANCIAL PLAN:

FINANCIAL PLAN It involves determination of the appropriate amounts and types of financing to be obtained,sources and terms for each type of financing.

Steps in Preparing Financing Scheme:

Steps in Preparing Financing Scheme Determine the specific requirement of the project regarding types and costs of the goods and services to be acquired and where to acquire them Selection of appropriate type of financing for each type of goods of goods to be acquired.

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