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Lesson 1 - ddegjust.ac.in

1 Lesson 1 MEANING, NATURE AND IMPORTANCE OF of project and project of Family of selection life Tools and techniques for project manager s roles and Self assessment reading this Lesson , you should be able toa)Define the project and explain the nature and classification of )Understand the concepts of idea generation, project life cycle and Projects have a major role to play in the economic development of a the introduction of planning in our economy, we have been investing large amountof money in projects related to industry, minerals, power, transportation, irrigation,education etc.

SWOT Analysis :- SWOT is an acronym for strengths, weaknesses, opportunities and threats. SWOT analysis represents conscious, deliberate and systematic effort by an organisation to identify opportunities that can be profitably exploited by it. Periodic SWOT analysis facilitates the generation of ideas.

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