Project Planning and Management

Project Formulation

• A poor project denomination can lead to imprecise or overly broad objectives, lack of concrete activities, etc.
• Developing a project involves describing and justifying the project, including its nature, objectives, and activities.

Project Nature

• A project description should identify the project's central idea, its context, and its type, class, and scope.
• The description should be concise, yet provide enough information for a clear understanding of the project's essence.
• The project's justification should present the logical arguments and reasons for its implementation, including both technical and political reasons.

Fundamentación or Justification

• The project's justification should consider both technical and political reasons, including the project's origin, objectives, and context.
• Technical reasons should address the project's objectives, needs, and problems, while political reasons should reference political plans, declarations, and existing programs.

Project Strategy

• The project's strategy should outline the actions necessary to achieve its objectives, including the resources required and the approach to be taken.
• The strategy should be logical, feasible, and aligned with the project's objectives and context.

Project Location and Coverage

• The project's location should be specified at both macro and micro levels, including geographical area, region, city, or neighborhood.
• The project's coverage should define the spatial area or zone where the project will be implemented, including its services and influence.

Determining Plazos or Calendar of Activities

• The project's calendar should outline the duration of each activity, including the start and end dates, and the resources required.
• The calendar should be realistic, feasible, and aligned with the project's objectives and context.

Financial Determination

• The project's financial determination should estimate the funds required, including sources of funding, such as budget, subsidies, user payments, income, and credits.
• The financial structure should be established, including who or what will finance each activity.
• A financial calendar should be created, outlining the resources required for each activity and at each stage of the project.

Learn how to properly plan and manage a project by understanding the importance of clear objectives and description, and developing a series of questions to justify the project.