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 MEMBERS
One 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 FORMULATION
Selection for Appropriate Technology.
Influence of External Economics.
Dearth of Technical Qualified person.
Resource Mobilization.
Knowledge about Government Regulation.
ELEMENTS OF PROJECT FORMULATION
1. Feasibility Analysis.
a) prefeasibility study
b) Feasibility study
2. Techno-economic Analysis
a) Determination of project demand potential
b) selection of optimal project strategy
3. Project design and Network Analysis
4. Input Analysis
5. Financial Analysis
6. Social cost – benefit Analysis
THANK YOU
BY
RUBINI