Briefly narrate the constraints for project implementation?

Every project is bound to face the following four internal constraints at the stage of implementation:-
a) Preparation of feasibility reports
b) Development of well-equipped project, management strategies and tools.
c) Non-involvement of project management team for achieving the project objectives
d) Both physical and non-physical resources.
An entrepreneur is highly dependent on an outside consultant for preparation of feasibility report at the early implementation of the project.

For early implementation of projects within the budgeted cost and time schedule, all the entrepreneurs cannot develop independent project management systems, organisation structure, network analysis and other elements.
Practically, project management team is not fully involved with the determination of project objectives.
All the entrepreneurs cannot, at a time, make available the physical and non-physical resources which are essential for implementation of any project. Physical resources include finance, personnel, inventories and other facilities. Non-physical resources include patents, secret processes, unique experiences and skills.
A project faces the following external constraints at the time of implementation:-
a. Project environment comprises of things, people and situations outside a project and also the size, nature, location and extent of the project.
b. Government policies and regulations viz., delay in giving approval, CCI Clearance, environmental clearance, foreign exchange permit, capital goods approval and import goods clearance.
c. Financial Institutions and Commercial Banks’ cumbersome procedures and documentation system in financing the projects.
Briefly narrate the constraints for project implementation? Briefly narrate the constraints for project implementation? Reviewed by enakta13 on September 18, 2014 Rating: 5

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