Project Closure

Presentation Contents

• To present: (all components carry equal marks)1. Closure phase activities2. Project Output/ Product3. Performance on Triple Constraint4. Changes made in initial scope5. Risks Realized & Risks Mitigations Carried Out6. Contingency Plans implemented7. End User Acceptance (Product Validation against requirement etc.)8. Sponsor’s Approval (sign-off)9. Product Handover

1. physical 2. documents 3. outstanding issues

Output Product• Lack of computer skills

• Lack of technical skills

• Lack of Value Addition

• High per unit production cost

• Lack of innovation in goods and services

• Lack of information about opportunities in the overseas market

• Lack of Skilled Labor

• Lack of latest technology

• High tariff and low reliability of Power

• High custom duties

• Lack of vocational tanning

• High tax rates

• Lack of knowledge of international rules and Standards

• Entry of foreign firms in the local market

• Lack of proper Roads

india• Low Capital base

• Concentration of management functions in one / two persons

• Inadequate exposure to international environment

• Inability to face impact of WTO regime • Inadequate R & D

• Lack of professionalism

• Poor financial situations and low levels of R&D

• Poor adaptability to changing trade trends

• Desire to avoid risk

• Non-availability of technically trained human resources

• Emphasis on production and not on production costs

• Lack of management skills

• Lack of access to technological information and consultancy services

Bangladesh• Lack of adequate investment;• Lack of modern technology;• High rate of • Irregular/inadequate supply of power;• Poor physical infrastructure and high transportation cost;• Poor information about market • opportunities and interest on bank loans• Inadequate availability of raw materials• Lack of skilled technicians and workers• Lack of research & development facilities• Fierce competition;• Absence of effective and transparent legal system

China• Lack of indirect financing• Problem caused by SME construction• Problem caused by bank credit system • Problem caused by social services • Problem caused by government• The threat of anti dumping duties

Malaysia

• domestic as well as external challenges• difficulty in obtaining funds from financial institutions and the

government. • Lack of human capital is the most significant challenge for

Malaysian SMEs• SMEs in Malaysia face a high level of international competition• There is a lack of access to better technology• There is a low level of research and development

Performance on the triple constraints

Contd..

Time: Our initial time was 4-5 weeks, and now that has changed to about 7-8 weeks

Cost: Our initial cost was 5000-7000 PKR, and there are no changes to the initial cost of our project.

Scope: There was a slight change in our initial scope which will be discussed later.

Changes made in initial scope

Initial Scope:Identifying the problems SME”s are facing in Pakistan and the Asian

countries and providing solutions and recommendations to these problems

Changes made: Our primary research was only focused on the region of Punjab and the federal area due to time constraints and resource shortages.

Presentation Contents

• To present: (all components carry equal marks)10. Feedback to peers

1. one person from the group share the feedback given to him/her11. Lessons Learned

1. In retrospect, how you would have changed your plan12. Uploading all the presentations/ plans on the project on internet:

1. @ a permanent web address2. to serve as proxy for archiving/ handover

• Grading:– Max marks 120 equally divided among. To be scaled down as

per the weight-age assigned to this exam

• Considerations:– No background: history, objective etc.– Keep it as pictorial as possible – photos not clip arts– No planned schedule (Gant, PERT etc.). Just the comparison

between actual & planned

• Time:– Presentation files to be submitted in soft copy BEFORE the

class starts– Content exceeding THIRTY MINUTES would not be graded