Significance / Usefulness / Importance of Project Appraisal: Project appraisal is useful in following ways; It helps in arriving at specific & predicted results. It evaluates the desirability of the projects. It provides information to determine the success or failure of a project. It employs...
Meaning of Project Report: A project report is a document wherein all the details obtained from technical analysis, financial analysis, profitability analysis, economic analysis etc. are put together. A project report may be defined as a document with respect to any investment proposal based on certain...
Need/ Role/Importance/ Significance for Project Formulation: In a developing economy, an entrepreneur has to face a number of problems while establishing a new project. However, these problems can be avoided to a large extent, by undertaking project formulation at the right time. The following are...
Team building refers to the process of establishing and developing a greater sense of cooperation and trust between team members. Interactive exercises, team assessments, and group discussions enable groups to develop this greater sense of teamwork. Significance of Team Building 1. Improving communication. 2. Improving working...
Group dynamics refer to the ways in which people interact and relate to one-another in a group situation. Group dynamics are basically moral or physical forces affecting behaviour of members in a group. Significance of group dynamics- 1. Facilitate group survival. 2. Simplify role expectations 3....
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