The plant should be located: Near to the raw material source At the market place Close to the market when universally available, Closeness to market places – Organizations can choose to locate the plant near to the customers’ market or far from them, depending upon the product they produce. The advantages of locating the plant near to the market place are: Consistent supply of goods to the customers Reduction of the cost of transportation Communication facilities – Communication facility is also an important factor which influences the location of a plant.

Regions with good communication facilities namely postal and tell communication links should be given priority for the selection of sites. Infrastructure – Infrastructure plays a prominent role in deciding the location. The basic infrastructure needed in any organization are: Power – For example, industries which run day and night require continuous power supply. Water – For example, process industries such as, paper, chemical, and cement, require continuous water supply in large amount. Waste disposal – For example, for process industries such as, paper and sugarcane industries, facility for disposal of waste is the key factor.

Transport – Transport facility is a must for facility location and layout of location of the plant. The basic modes of transportation are by air, road, rail, water, and pipeline. Government support – The factors that demand additional attention for plant location are the policies of the state governments and local bodies concerning labor laws, building codes, and safety. 2 Housing and recreation -. Locating a plant with or near to the facilities of good schools, housing and recreation for employees will have a greater impact on the organization.

These actors seem to be unimportant, but there is a difference as they motivate the employees and hence the location decisions. 2) Special factors The special factors that influence the plant location are: Economic stability – outside investments Cultural factors Wages Joint ventures – support of big time players Q. Explain essentials of Project Management Philosophy. Essentials of Project Management Philosophy 1 . Characteristics of project mindset a) Time: It is an important parameter in framing the right mindset. It is possible to improve the pace of the project by reducing the time frame of the process. Responsiveness: Responsiveness refers to quickness of response of an individual. C) Information sharing: Information is power. Information is the master key to today’s business. D) Processes: Project mindset lays emphasis on flexible processes. E) Structured planning: Structured planning based on project management life cycle enables one to easily and conveniently work according to the plan. 2. Project evaluation and selection criteria a) Relevance: Is the project relevant to the defined scope in terms of the deliverable product and service?

State-of-the-art technical methodologies: Check f the state-of-the-art methodologies are adequately described? Relevance to market: Has any market analysis been done? Is there any documentation of the various market opportunities? C) Creativity: Creativity is required to understand and develop a project as innovative as possible and should be well described in its documents. D) Potential: Is there an adequate description of the project methodologies and its dissemination which would be used in future? E) Project management and work plan: Is there a project management and work plan? 3. Typical characteristics off project

A project is: A programmer of non-routine work bringing about a beneficial change. Guided by at least one well-engaged sponsor who has both adequate authorities and resources to charter the project effort. A multi-disciplinary team brought together for the project. Scope of work that is well defined. Constrained by cost, time, and quality.

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