PROJECT FORMULATION

Project formulation is the systematic development of a project idea for the eventual objective of arriving at an investment decision. Project formulation is a process involving the joint efforts of a team of experts.

PROJECT TEAM MEMBERSOne Industrial Economist.One Market Analysis.One or more technologist/engineer

specializing in the appropriate industry.One mechanical and /or industrial engineer.One civil engineer, if needed.One management accounting expert.

NEED FOR PROJECT FORMULATIONSelection for Appropriate

Technology.Influence of External Economics.Dearth of Technical Qualified

person.Resource Mobilization.Knowledge about Government

Regulation.

ELEMENTS OF PROJECT FORMULATION1. Feasibility Analysis. a) prefeasibility study b) Feasibility study2. Techno-economic Analysis a) Determination of project demand

potential b) selection of optimal project strategy3. Project design and Network Analysis4. Input Analysis5. Financial Analysis6. Social cost – benefit Analysis

THANK YOU BY

RUBINI