Lecture Notes 1
Lecture Notes 1
Characteristics of
Temporary Unique
Projects
Note
each of these projects differ in composition,
type, scope, size and time
Resettlement Project
Urban Renewal Project
Children Recreational Park
Community Multipurpose Centre
Community Sanitation and Solid waste Management
Recreational Park
Health Centre
School Project
Storm Water Master Plan
It involves resource commitment. It could be
money, land, labour, and other materials
Project is beneficial. There are benefits in
undertaking such projects to the society.
It involves some risk or some cost (Opportunity
cost)
Projects are structured
Project may be tangible or intangible. It is tangible
when it involves a physical construction and the
benefits can be measured. It is intangible when it
does not require a physical construction.
The planning, organising, directing and
controlling of....
Cost Time
Scope
In management literature, this equilateral
triangle is also referred as the “Quality
triangle” of the project