Institute of Chartered Financial Analysts of India (ICFAI) University 2008 Certification Certified Financial Planner Portfolio management - Question Paper

· Communication and human relations skills,
· Financial strength,
· Perception of market opportunities.
Commitment
· Willingness to bring in more capital into the project if the need arises,
· Ability and willingness to work hard and to take new challenges,
· Adaptation to various circumstances,
· Honesty and sincerity.
In performing managerial appraisal, institutions generally rely on the performance of the promoter in other ventures managed by him.
In the absence of any, they try to judge him depending on the way the proposed project is being handled, the progress achieved so far,
and the impression gained by them in the course of interaction with him.
5.In turnkey projects, the technology provider will supply all the machinery, install the machinery and also provides his personnel to
operate in the initial stages. In other kinds of projects, the collaborator may only give the designs and the specifications about the
equipment needed.
In such cases, the purchasing function should be handled carefully. Otherwise it will outcome in either time overruns or cost overruns or
both. For large projects, generally a separate purchasing department is set up. It takes care of all the aspects of purchasing the
equipment, machinery and materials needed for the project: excepting those that are highly tech.. Purchasing tech.
equipment which is specialized is generally entrusted to the project engineering department. When it is not economical to handle
procurement independently or the items to be procured are so complex that the project engineering department also cannot handle
them efficiently, or the project is not large enough to have a separate project engineering department, procurement may be entrusted
to procurement agents.
Procurement Process
The procurement process can be defined in 5 steps:
i. Listing
ii. Coding
iii. Placing Orders
iv. Expediting
v. Taking Delivery
i. Listing: The 1st step in the procurement process is listing. All the materials and equipment needed for the project are
listed to make sure that none of the needed items is lost sight of.
ii. Coding: The 2nd step is to assign codes to them for easy identification and reference. Codes are assigned to indicate the
nature of the material and the phase of the project the material or equipment is needed in.
iii. Placing Orders: The next step is to place orders. The materials have to be grouped so that tenders for similar items can be

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