Essential Principles for Meaningful Stakeholder Involvement Processes •Clear Goals and Avenues for Stakeholder and Public Participation •The goals, schedule, and reasons for the planning process are communicated publicly and include a clear map of the project planning decision process and stakeholder input points. •Public and stakeholder involvement is developed and implemented in consultation with the […]
PARTICIPATORY PLANNING APPROACHES
Participatory planning processes can have many goals with a variety of communication modes, as well as the decision- making actions taken by stakeholders during such a process. Parties involved in a planning process have their own goals based on political, cultural and economic factors that are relevant for them. The overall challenge is to define […]
Risks and sustainability
Risks are internal or external events that may occur during project implementation and could threaten the achievement of project objectives and the project as a whole. Basic risk management is important for every project, but the level of detail needed varies depending on the size of the project and the number of risks and possible […]
Budget
A budget is the total projected costs needed to complete a project over a defined period of time. It’s used to estimate what the costs of the project will be for every phase of the project. The budget will include such things as labor costs, material procurement costs and operating costs. On the programme level, […]
Work plan
A work plan is essentially a project management plan. When done properly, your work plan will clearly articulate and outline the steps needed to achieve a department-level or organization-level end goal by baking in milestones, deliverables, resources, budgetary requirements and a timeline to weave it all together. No matter how good the original plan is, […]
Bid Rigging
As per section 3 (3) of the Competition Act, 2002. Bid rigging” means: any agreement between enterprises or persons engaged in identical or similar production or trading of goods or provision of services. which has the effect of eliminating or reducing competition for bids or adversely affecting or manipulating the process for bidding. COMMON […]
Bid documents, Tenders, Contracts
Bidding documents are documents issued by the Procuring Entity to provide the prospective bidders all the necessary information that they need to prepare their bids. Notice Inviting Tenders (NIT) is used in public procurement /purchasing in India. Government procurement constitutes about 30% of the GDP of India. Public procurement is governed by the General Financial […]
Project Report
Project Report Comprises of; • Detailed analysis of the project • An expert prepares the report before the investment in project is done • The report assesses the demand for proposed product/service • Works out cost of investment and profitability on this investment • It acts as an instrument to convince investors to invest in […]
Stages in Project Formulation
Feasibility Analysis: • First stage in project formulation • Examination to see whether to go in for a detailed investment proposal or not • Screening for internal and external constraints Conclusion could be: • The project idea seems to be feasible • The project idea is not a feasible one • Unable to arrive at […]
Project Formulation
Project pre investment study or project formulation is essential in examining the most critical aspect of project before making the investment. The Project Formulation exercise is done with a view to 1.Understand various dimensions of the project from a very broad angle 2.Facilitate the project authorities to take a decision as to whether it is […]