1150MG101 Study Guide - Final Guide: Pest Analysis, Financial Analysis, Unit

• School: Vel Tech Rangarajan Dr. Sagunthala R and D Institute of Science and Technology
• Department: Management
• Course: 1150MG101

Document Summary

Subject name: project management and finance credits: 3. Project environment identification of investment opportunities project screening . Project selection project formulation stages in project formulation project report preparation. Project environment represents a connection, where the project is processed. It impacts the project and is, therefore, conditioned. Such an interaction is provided by numerous factors as operational, physical, ecological, social, cultural, economic, psychological, financial, organizational etc. The environment not only formulates the project but also estimates it. The project environment analysis is held at the beginning of the project. This method identifies the lobbies and integrates the project stakeholders into project group. All impact factors are analyzed in this analysis: project risks and chances, stakeholders and their interests, measures for the control. The first group represents project team and project manager, principal and customer. The second group contains authorities, works council, competitors, persons affected by the project indirectly.