Download pre-requisites for successful project implementation

PRE-REQUISITES FOR SUCCESSFUL
PROJECT IMPLEMENTATION
PRE-REQUISITES
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Adequate Formulation
Sound Project Organization
Proper Implementation Planning
Advance Action
PRE-REQUISITES
• Timely availability of funds
• Judicious equipment tendering and
procurement
• Better Contract Management
• Effective Monitoring
Adequate Formulation
• Superficial field investigation
• Cursory assessment of input requirements
• Slip-Shod methods used for estimating costs
and benefits
• Omission of project linkages
Contd..
• Flawed judgments due to lack of experience
and expertise
• Undue hurry to get started
• Deliberate over-estimation of benefits and
under-estimation of costs.
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Sound Project Organization
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Competent Leader
Authority matches with the Responsibility
Attention to Human Life
Well defined systems and methods
Rewards and penalties linked to performance
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Proper Implementation Planning
• Develop a comprehensive time plan
• Estimate meticulously the resource
requirements
• Define the project inter-linkages
• Specify cost standards
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Advance Action
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Acquisition of land
Securing essential clearances
Identifying technical collaborators/consultants
Arranging for infrastructure facilities
Preliminary design and engineering
Calling of tenders
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Timely availability of funds
• Funds must be provided before final approval
to initiate advance action.
• Able to implement projects expeditiously and
economically.
• Able to negotiate with suppliers and
contractors aggressively.
• Organize input supplies quickly.
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Judicious Equipment Tendering and
Procurement
• Avoid over dependence on foreign suppliers.
• Avoid over reliance on indigenous suppliers.
• Maintain a judicious balance between the
two.
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Better Contract Management
• Ensure competence and capability of all the
contractors.
• Inculcate proper discipline among contractors.
• Performance linked penalties and incentives.
• Regard contractors and suppliers as business
partners.
• Latitude to transfer contracts.
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Effective Monitoring
• Anticipate deviations from the
implementation plan.
• Analyze emerging problems.
• Taking corrective action.