Let us recall that the focus of this post is project evaluation criteria checklist. From the previous post, we discussed the project cycle. From there we moved on to discuss factors affecting location of projects. We also discussed capacity and production planning, demand analysis, supply analysis, project cost analysis, projected income statements, cash flows and
Project Evaluation Criteria Checklist Read More »
Project Management
The Replacement Model Theory in Operations Research is used in the decision making process of replacing a used equipment with a substitute; mostly a new equipment of better usage.
Equipment Replacement Model in an Organization Read More »
Project Management
In today’s fast-paced world, it’s not uncommon for industries and businesses to become outdated. This phenomenon, known as economic obsolescence, can have far-reaching implications. So, let’s dive in and explore this intriguing concept. Defining Economic Obsolescence At its core, economic obsolescence refers to the decline or irrelevance of a business or industry due to external
Economic Obsolescence Explained Read More »
Business, Business Planning, Business Solutions, Project Management
The projected income statement is a forecast of the revenues, expenses and the net profit of an enterprise or project.
Projected Income Statement Read More »
Project Management
A projected cash flow statement is a statement which shows the forecasts of actual receipts of cash (inflows) and the disbursement of cash (outflows) of a firm or project.
The Projected Cash Flow Statement of An Organization Read More »
Project Management
In the previous article, we discussed the projected cash flow statement. There, we discussed inflows and outflows (outgoings) of a firm or project. We also discussed the structure of the projected cash flow statement and went a step further to provide an example of a projected cash flow statement. In this post, we shall discuss
Projected Balance Sheet in Business Read More »
Business Planning
Let us recall that the focus of this course is project evaluation. From the previous post, we discussed the project cycle. From there we moved on to discuss factors affecting location of projects. We also discussed capacity and production planning, demand analysis, supply analysis, project cost analysis, projected income statements, cash flows and the balance
Project Evaluation Criteria Read More »
Project Management
This post will introduce you to economic analysis. Generally, in a project analysis situation, most analyses focus on the cash inflows and outflows of a project
Introduction to Economic Analysis Read More »
Business Planning, Business Solutions
Hello , and welcome back to our series of articles in Project Management. Today we shall take a look at the different types of projects. Projects are the building blocks of progress, enabling organizations and individuals to achieve their goals. But did you know that not all projects are the same? They can vary significantly
Types of Projects in Organizations Read More »
Business Planning
Generally in project management, it is very important to accurately estimate the cost of a project. It is even more necessary for management decision and control. Before a project comes on stream, the cost implications must be known well in advance and properly estimated. This serves as a guide to proper project management and control.
Principles of Cost Estimates in Project Management Read More »
Business Planning
