St.

Xavier’s College of Management & Technology 

Digha-Ashiyaana Road, Digha Ghat, Patna-800011, Bihar

STEPS INVOLVED
IN PROJECT
IDENTIFICATION
Presenter – AYUSHI
Under the guidance of :       BBA ll A
Prof. Dr. Mala  127
                        
 TABLE OF
CONTENTS 
• WHAT IS PROJECT
• IDENTIFICATION OF A PROJECT
• STEPS INVOLVED IN PROJECT
IDENTIFICATION
          - Idea Generation
          - Solution of Business Opportunity
          - Project Appraisal
• CONCLUSION 

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WHAT IS PROJECT

• A systematic piece of work often

involving many people and is planned
carefully with a definite set of objectives
and has a starting and an end period.
• Heterogeneous in nature
• Single entity
• Requires fund
• Has a life cycle 
• Has team spirit or co-ordination
• Involves risk and uncertainty
• Should be flexible
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IDENTIFICATION
OF A PROJECT

• First stage of project cycle 

• To identify which project is to
be executed
• Concerned with collection,
compilation and analysis of
economic data
• Gives direction to an
enterprise

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STEPS INVOLVED IN PROJECT
IDENTIFICATION

STEP 1 – SEARCH OF NEW STEP 2 – SOLUTION OF STEP 3 – PROJECT APPRAISAL

IDEA/ GENERATION OF IDEA BUSINESS OPPORTUNITY

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 • Requires imagination sensitivity
• Entrepreneurs take help of many
SEARCH OF tools

NEW IDEA /        - SWOT Analysis

          Strength             Weakness
GENERATIO           Opportunity      Threat

N OF IDEA       - Brainstorming 
      - Other Constraints

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SOLUTION OF BUSINESS
OPPORTUNITY
• Selection of the best idea which can be carried to achieve
the desired objective
• Following are the points that helps to select the best idea
      - Capability with the promoter
      - Consistency with Government policies
      - Availability of input
      - Adequacy of the market
      - Acceptability of risk level
      - Socio-Demographic factor

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 PROJECT
APPRAISAL/
FEASIBILITY STUDY
• It is done after identification and selection of
the project.
• It is done in order  to justify the selection of
the project through various dimensions.
• The feasibility study identifies the following
aspects:
           -Technical soundness of the project.
           - Administrative feasibility of the project
           - Economic and financial viability
           - Consideration of customs and traditions

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 Conclusion
• Project is a systematic piece of work
often involving many people,
planned carefully with definite set
of objectives.
• Project life cycle has five stages and
in that identification of project is the
first stage which plays a significant
role in giving direction to an
enterprise.
• All the steps in identification are
inter-related and without
completion of one step it is dificult
to jump on another 
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 • https://www.tpsgc-pwgsc.gc.ca/biens
-property/sngp-npms/bi-rp/eddp-pis-
eng.html
References
• https://www.jsscacs.edu.in/sites/defa
ult/files/Files/STEPS%20IN%20%20ID
ENTIFICATION%20OF%20%20PROJEC
TS%20%281%29.pdf

• Class notes ( PEM ) 

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