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Brandon Toliver
Brandon Toliver

Prasanna Chandra Project Management.rar


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Review of Prasanna Chandra's Book on Project Management




Project management is a crucial skill for any business professional who wants to plan, execute, and evaluate capital expenditure proposals. However, finding a comprehensive and up-to-date text that covers all the aspects of project management can be challenging. That's why Prasanna Chandra's book Projects: Planning, Analysis, Selection, Financing, Implementation, and Review is a valuable resource for anyone interested in learning more about this topic.




prasanna chandra project management.rar



Prasanna Chandra is a renowned finance educator and director of Centre for Financial Management. He has over four decades of teaching experience and has served on several committees and boards related to finance and investment. His book, now in its ninth edition, is one of the most popular books on project management in India and abroad. It presents the entire gamut of project management, from the conceptualization of a project idea to its post-completion review. It also discusses key principles and techniques for evaluating project proposals, as well as strategic, qualitative, and organizational considerations that impact project decisions.


The book is divided into six parts: Part I introduces the concept and context of projects; Part II deals with project identification and formulation; Part III covers project appraisal methods and criteria; Part IV focuses on project financing issues and sources; Part V explains project planning and implementation; and Part VI discusses project monitoring, control, and review. The book also includes several case studies, examples, exercises, and appendices to illustrate and reinforce the concepts and methods discussed in the text.


The book is written in a clear and concise style, with ample use of tables, figures, and diagrams to enhance the readability and understanding of the material. The book also incorporates the latest developments and trends in project management, such as green projects, social cost-benefit analysis, real options analysis, risk management, project portfolio management, public-private partnerships, and project management software. The book is suitable for students of management, engineering, commerce, and economics, as well as practitioners and professionals involved in project planning and execution.


In conclusion, Prasanna Chandra's book Projects: Planning, Analysis, Selection, Financing, Implementation, and Review is a comprehensive and up-to-date text that provides a thorough coverage of all the aspects of project management. It is a must-read for anyone who wants to learn more about this important and relevant subject.


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One of the strengths of Prasanna Chandra's book is that it integrates both the financial and non-financial aspects of project management. It recognizes that project decisions are not only based on quantitative criteria, but also on qualitative factors, such as social and environmental impacts, strategic alignment, stakeholder interests, and ethical considerations. The book also emphasizes the importance of project management as a dynamic and iterative process, rather than a static and one-time activity. It shows how project managers need to adapt to changing circumstances and uncertainties, and how they can use various tools and techniques to plan, monitor, control, and review their projects effectively.


Another strength of Prasanna Chandra's book is that it reflects the diversity and complexity of project management in different sectors and contexts. It covers a wide range of project types, such as industrial, infrastructure, service, research and development, information technology, and social projects. It also addresses the challenges and opportunities of project management in different settings, such as public sector, private sector, multinational corporations, small and medium enterprises, non-governmental organizations, and international agencies. The book also provides relevant examples and case studies from various countries and regions, such as India, China, Africa, Europe, and America.


A third strength of Prasanna Chandra's book is that it is based on sound theoretical foundations and empirical evidence. It draws on the insights and findings of various disciplines and fields related to project management, such as finance, economics, engineering, operations research, management science, organizational behavior, psychology, sociology, and political science. It also incorporates the best practices and standards of project management from various professional bodies and associations, such as the Project Management Institute (PMI), the International Project Management Association (IPMA), the Association for Project Management (APM), and the International Organization for Standardization (ISO).


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