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Prepared by Munjal A. Mehta - (10MBA047) Mitesh Patel (10MBA068) Sunil Ramchandani (10MBA000)
INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT (I2IM) CHAROTAR UNIVERSITY OF SCIENCE AND TECHNOLOGY (CHARUSAT) CHAROTAR UNIVERSITY OF SCIENCE AND TECHNOLOGY (CHARUSAT) INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT (I2IM) MBA PROGRAMME BATCH 2010-12
CHAROTAR UNIVERSITY OF SCIENCE AND TECHNOLOGY (CHARUSAT) INDUKAKA IPCOWALA INSTITUTE OF MANAGEMENT (I2IM) MBA PROGRAMME BATCH 2010-12
Certificate
It is hereby certified that this is the bona fide report of work done by Mr. Munjal A. Mehta, Mr. Mitesh Patel & Mr. Sunil Ramchandani in the course Managing of Development Programmes and Projects. This report is based on the independent work carried out by the student.
Date: 30-4-2012
Logical Framework
A log frame (also known as a Project Framework) is a tool for planning and managing development projects. It looks like a table (or framework) and aims to present information about the key components of a project in a clear, concise, logical and systematic way.
LFA can be a useful tool, both in the planning, monitoring and evaluation management of development projects. It is not the only planning tool, and should not be considered an end in itself, but using it encourages the discipline of clear and specific thinking about what the project aims to do and how, and highlighting those aspects upon which success depends.
LFA also provides a handy summary to inform project staff, donors, beneficiaries and other stakeholders, which can be referred to throughout the lifecycle of the project. LFA should not be set in concrete. As the project circumstances change it will probably need to reflect these changes but everyone involved will have to be kept informed.
There are basically three stages: Top down Work across Bottom up
LFA can be used not only during initial planning, but also as a management tool during project implementation. During the planning exercise the participants involved make a step-by step analysis of the prevailing situation and what measures should be undertaken
Problem Tree
Quality suffers
Competitive loss
Decrease in Profit
Production cost
Demand fluctuation
Procurement cost
Competition
Manufacturing cost
Summary of Objectives/Activities Goal: Increase the sales of Hydraulic cylinders across India manufactured by Ascent Hydraulics Pvt. Ltd Specific Objectives: Improve the specific production and marketing services.
Means/Source of Verification 1. Ministry of metal and heavy engineered products. 2. Ministry of Trade statistics.
Important Assumptions 1. Market prices will remain favorable. 2. Demand will increase along with its applications
1. Annual increases in 1. Ministry of the number of Industries Annual applications of survey. hydraulic cylinders. 2. Comparison of organizational charts and number of employees in key divisions of Ministry of Heavy industries.
Expected Outputs:
2. Improved institutional structure for services in credit, technical assistance, research and distribution of inputs. 1. The quality increase of product.
1. Satisfactory reports 1. Raw material of quality check. provider in proper coordination. 2. The noticed increase 2. Strong order in customers for position for the 2. Marketing plan in hydraulic cylinders. organization. proper association. 3. Process of production becomes efficient. 4. Time to time delivery of final product.
3. Production schedule prepared. 4. Effective mechanism for production and distribution of hydraulic cylinders.
1. Vouchers.
2. Vouchers, contracts. 2. Generate the marketing plan and strategies. 3. Application based designing of the products. 2. Cost of the marketing plan 2. Adequate staff will be assigned for 3. Vouchers, contracts. planning.
3. Cost of designing. 4. Vouchers. 4. Cost of preparation of production schedule. 5. Contracts, vouchers. 4. Full support for preparation of production schedule. 3. Sufficient resources allocated.
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