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Jan 25

Project analysis and evaluation ?

Inter urban commuter Bajaj feasibility study
Mr. Chala had been overseas for 7 years. When he returned to his home town to live with his family, he decided it was time to go into business for him. His friends and relatives went into great detail about the problem they faced daily in their community, but when Chala looked around himself he saw opportunities everywhere. While away from his country he had studied small business management and felt confident he could be a successful entrepreneur in his own backyard.
Using the opportunity study techniques he had learned, he looked around for the most promising opportunities and finally decided on an inter-urban commuter Bajaj business. He figured that the route between Yetebaberut and Tiwan could bear at least one more entrepreneur.
The concept was pretty straightforward. His service would be targeted at the commuter, the person without a lot of baggage whose interest was speed, frequency and available space. He intended to keep his Bajaj constantly in motion-departing as soon as they are full.
After doing this initial assessment, he had tentatively decided to go ahead with his concept. But he was a long way from putting his or other people’s money on the table. His first task was to evaluate whether the risk involved was worth all the work. There was a great deal of information to research.
Conduct a feasibility study and give advice for Mr. Chala whether to go ahead with this business or reject it
Add any other element or information you consider to be of a key importance to the preparation of a business plan.
Organize your research team to go and gather information.
Gather the information and prepare it in such a way as to present it to the class.
The information gathered and your presentation will be judged according to the following criteria;
Punctuality in submitting the report
Quality and relevance of the information
How is the information complete/scope
Precision and exactitude of the information
Usefulness of the information
Presentation of the information
Critical information for inter-urban commuter Bajaj business
Pick time in each day of the week in which number of customers become high
Expected number of people travel between the two stations daily
Percentage of travelers without baggage
Cost of used Bajaj
Cost of new Bajaj
Average repair and maintenance cost per year
Expense of trade license
Estimated expenses for tax; federal, regional (state), Bajaj association
Driver salary
Average fuel cost single travel between the two stations
Average estimated cost needed for spare parts, mirrors and etc.
Presence of access of loan for small transport business from banks, Micro finances
From where the finance /money can be acquired and in what form?
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Jan 25
Project analysis and evaluation is the process of assessing the success and effectiveness of a project. It involves analyzing various aspects of the project, such as its objectives, scope, timeline, budget, and outcomes, to determine if it has achieved its intended goals and if it has been executed efficiently.

The analysis and evaluation of a project typically involve the following steps:

1. Defining project objectives: Clearly defining the objectives and goals of the project is essential for analysis and evaluation. This helps in determining the criteria against which the project's success will be measured.

2. Collecting data: Gathering relevant data and information about the project is crucial for analysis. This may include project documentation, financial records, stakeholder feedback, and performance metrics.

3. Assessing project performance: Evaluating the project's performance against the defined objectives and criteria is a key step. This involves comparing the actual outcomes and results with the planned targets. It may also involve analyzing the project's efficiency, effectiveness, and quality.

4. Identifying strengths and weaknesses: Identifying the strengths and weaknesses of the project helps in understanding what worked well and what needs improvement. This can be done by analyzing the project's achievements, challenges faced, and lessons learned.

5. Conducting a cost-benefit analysis: Assessing the project's costs and benefits is important to determine its overall value and return on investment. This involves comparing the project's financial costs with the tangible and intangible benefits it has generated.

6. Evaluating stakeholder satisfaction: Gathering feedback from project stakeholders, such as clients, team members, and end-users, helps in understanding their satisfaction levels and identifying areas for improvement.

7. Making recommendations: Based on the analysis and evaluation, recommendations can be made to improve future projects or to address any shortcomings in the current project. These recommendations may include process improvements, resource allocation changes, or strategic adjustments.

Overall, project analysis and evaluation provide valuable insights into the success and effectiveness of a project, helping organizations learn from their experiences and make informed decisions for future projects.

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