Concept & Classification of Project - Entrepreneurship Development

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CONCEPT & CLASSIFICATION

OF PROJECT

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PROJECTPROJECTS CAN BE FURTHER DEFINED AS TEMPORARY RATHER THAN

PERMANENT SOCIAL SYSTEMS OR WORK SYSTEMS THAT ARE CONSTITUTED BY TEAMS WITHIN OR ACROSS ORGANIZATIONS TO ACCOMPLISH PARTICULAR TASKS UNDER TIME CONSTRAINTS. AN ON-GOING PROJECT IS USUALLY CALLED ( OR EVOLVES INTO ) A PROGRAM .

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CLASSIFICATION OF PROJECTS

QUANTIFIABLE AND NON- QUANTIFIABLE PROJECTS

• QUANTIFIABLE PROJECTS- QUANTITATIVE ASSESSMENT OF BENEFITS CAN BE MADE. CONCERNED WITH INDUSTRIAL DEVELOPMENT, POWER GENERATION, AND MINERAL DEVELOPMENT.• NON- QUANTIFIABLE PROJECTS- WHERE QUANTITATIVE

ASSESSMENT IS NOT POSSIBLE. CONCERNED WITH HEALTH, EDUCATION, DEFENCE ETC.

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SECTORAL PROJECTS

IN INDIA PLANNING COMMISSION HAS ACCEPTED THE SECTORAL BASIS AS THE CRITERION FOR CLASSIFICATION:• AGRICULTURE & ALLIED SECTOR• IRRIGATION AND POWER SECTOR• INDUSTRY AND MINING SECTOR• TRANSPORT AND COMMUNICATION• SOCIAL SERVICE SECTOR• MISCELLANEOUS

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TECHNO- ECONOMIC PROJECTS

BASED ON THEIR TECHNO- ECONOMIC CHARACTERISTICS FACTOR INTENSITY- ORIENTED CLASSIFICATION• CAPITAL INTENSIVE• LABOUR- INTENSIVE

CAUSATION-ORIENTED CLASSIFICATION• DEMAND BASED OR,• RAW MATERIALS BASED

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Financial Institution Classification

All India and state financial institutions classify projects according to their age, experience and the purpose:

• New projects• Expansion projects• Modernization projects• Diversification projects

These projects are invariably are profit- oriented.

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SERVICES PROJECTS:

• WELFARE PROJECTS• RESEARCH AND DEVELOPMENT PROJECTS• EDUCATIONAL PROJECTS

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THANKSPresented By,

Karthik G Krishnan