Planning

Market and demand analysis is concerned with two broad issues: 1) What is the likely aggregate demand for the product/service? 2) What share of the market will the proposed project enjoy? Market and demand analysis is a critical process in […]

Present value and future value are important concepts in finance that help to evaluate the worth of money over time. Present value (PV) is the current value of a future sum of money, discounted at a specific rate to reflect […]

There are several financial appraisal techniques that can be used to evaluate the potential financial viability of a project. Some of the most common techniques include: Overall, the choice of financial appraisal technique will depend on the specific needs and […]

There are many potential causes of project delays, some of which include: Overall, project delays can be caused by a range of factors, and it is important for project managers to identify potential risks and challenges early on and develop […]

Dividing your project management efforts into these five phases can help give your efforts structure and simplify them into a series of logical and manageable steps. There are typically five phases of project management, which together make up the project […]