Organization and Management
Project or Feasibility reports
(Written
by N. R. Jayaraman)
In
every Organization whenever new venture is taken up either inside the
existing campus or building or in a separate building
as expansion programme, first project
report or feasibility reports on the proposed
new activities will be compiled taking into consideration all
aspects of work or activities involved
in it.
Project reports communicate a
project's background, proposed objectives, proposed methods used to achieve
the objectives and the ultimate results of those efforts. The reports may be generated either by any
expert managerial person or personnel from the Organization itself or got compiled by specialist firms engaged in such tasks.
For
a running Organization compilation of the Project report involving new machineries and equipments and connected
activities may not be as difficult as new project since much of the basic infrastructure facilities like
building, water, electricity etc may be already
available and only man power augmentation or realigning the manpower from
one activity to another may have to be
carefully studied. It does not mean that
the task will be easier one, but
when compared to the compilation of the reports for brand new
Projects, the task may be easier.
Project
reports are highly valuable and sensitive documents that explain and
summarize the nature of activities proposed to be performed with creation of
various departments, machineries, equipments, building, infrastructure
facilities, manpower requirements and conclusions including that of financial implications.
Based on such documents several rounds
of meetings and consultations will be done, pros and cons analyzed and
decisions taken. Though the process of writing a final project
report may seem daunting, with the right kind of approach, it needn't be so. During compilation or simulation, the
Report will be kept continuously updated or altered with new or additional information or analysis.
Let us study the reporting requirements, deliverable etc concerning the setting up of a medium sized Organization with
its general structure.
………..To be continued next week