Topic: Idea Generation screening and sequence of

activity development of project schedule.

Idea Generation :

“Think openly and let your imagination in yourself”

Idea generation is knowledge creative and systematic it develop from

knowledge of the consumer the market the technology and the
general environment and it creates newness in production and
marketing

It systematically develops product ideas to satisfy the aim of the

project and therefore the business shortage.

Idea screening:

 It is a process which is used to evaluate innovative product ideas

strategies and market trends
 Idea screening criteria are used to determine compatibility with
overall business object and whether the idea would offer a
viable ROI

The main objectives of Idea screening is to eliminate un sound

concepts prior to devoting resources to them
The search for promoting project ideas is the first step forwards
establishing a successful venture
As the traditional adages the key to success lies in getting into
the right business at the right time while this advice is simple
 The objective with this of non-caution this chapter discus
certain broad consideration and guide lines
Helpful in the generation and screening of project ideas
The objective is to identify investment opportunities which are
merit further examination and appraisal.
The discussion is divided into eight sections as follows
 Generation of Ideas
 Monitoring the environment
 Corporate appraisal
 Scouting for project ideas
 Preliminary screening
 Project rating index
 Source of positive net present value
 On being an entrepreneur
Generation of ideas :
Barring truly new ideas which are based significant technological
breakthrough most of the project ideas involve combining
existing fields of technology or offering variance of present
product or services
The typical route may be described as follow someone with
specialize technical knowledge or marketing expertise or some
other competency feeds that he can offer a product or service
which can cater to a presently un meet need or serve a market
where demand exceeds supply or effective compete with similar
products or service because of certain favorable features like
better quality or lower price
Stimulating the flow of ideas
Most of the flow of ideas
 Most of the firms adopt a very casual and haphazard approach
to the generation of project ideas the operation objectives of a
firm may be one or more of the following
 Cost Reduction
 Productivity improvement
 Increase in capacity utilization
 Improvement in contribution margin

Project scheduling:
Project scheduling is concerned with single-item or small batch
production where scarce resources have to be allocated to
dependent activities over time. Applications can be found in
diverse industries such as construction engineering, software
development, etc. Also, project scheduling is increasingly
important for make-to-order companies where the capacities
have been cut down in order to meet lean management
concepts. Likewise, project scheduling is very attractive for
researchers, because the models in this area are rich and, hence,
difficult to solve. For instance, the resource-constrained project
scheduling problem contains the job shop scheduling problem as
a special case.