Podcast
Questions and Answers
What is the purpose of estimating funds in a project?
What is the purpose of estimating funds in a project?
- To determine the project's budget
- To assign tasks to team members
- To identify the project's financial structure (correct)
- To establish the project's timeline
What is a calendar financier used for in a project?
What is a calendar financier used for in a project?
- To determine the resources needed for each activity (correct)
- To evaluate the project's success
- To establish the project's budget
- To track the project's progress
What is the purpose of avoiding desfases in a project's finances?
What is the purpose of avoiding desfases in a project's finances?
- To delay the project's timeline
- To reduce the project's budget
- To match the cash flow with the payments or expenses (correct)
- To increase the project's revenue
What is a common source of funding for a project?
What is a common source of funding for a project?
What is the purpose of creating a financial structure in a project?
What is the purpose of creating a financial structure in a project?
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Study Notes
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.
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