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Projects & Profits

July' 04
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Financing Innovation
Project Finance and Credit Rationing
Project financing options in India
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Financing Innovation

-- Voruganti Srikanth

Financial constraints to the development of innovation are often considered one of the main impediments for high-technology firms seeking to expand and grow. This paper discusses the problems experienced by small businesses in gaining access to finance. Traditional financial sources are inadequate to finance innovative projects. Firms are involved in maintaining control over their activities and are willing to issue outside equity only if the new investors also provide non-financial competencies.

Article Price : Rs.50

Project Finance and Credit Rationing

-- Bhupatiraju Sowjanya

This paper discusses two issues of project managementproject finance and credit rationing. It tries to gain a better understanding of project finance and explains it in terms of a risk strategy that reconciles the potentially conflicting objectives of borrowers and lenders. This is done through discussion of the concept of the community of interests that exist in the commercial and industrial linkages between the various parties involved in a project.

Article Price : Rs.50

Project financing options in India

-- Y Chandrasekhar

Traditionally, there were limited options available for project financing. However, with economic liberalization and stock market reforms in India, the options have significantly increased. Earlier, banks were not involved inlong-term financing but now they are looking at project financing as one of the most profitable avenues. The article provides a primer on various options available for project financing.

Article Price : Rs.50

Enterprise program management

-- G Suraj Kumar

Companies today face many conflicting priorities in being competitive while staying flexible and adaptable to economic and market shifts. A facilities manager may be faced with consolidating facilities owing to a merger or restructuring. Consolidation presents several challenges that must be met. this article discusses the issues confronting the manager in such situations. A major change effort such as consolidation requires a centralized facilities management structure that is tied directly to the strategy of the company.

Managing Complex Systems - Challenges for PDM and SCM*

-- Annita Persson Dahlqvist, Ivica Crnkovicand Magnus Larsson

The integration of development processes faces many problems partially because of the different nature of the processes and the different approaches. This paper gives a brief overview of common characteristics of Software Configuration Management (SCM) and Product Data Management (PDM) and presents an analysis of a possible integration. It also presents an initiative by the Swedish industry to provide better understanding of SCM and PDM integration problems and to give directions for the possible integrations.

Optimizing Success by matching Management Style to Project Type

-- Aaron J Shenhar and R Max Wideman

To attain the highest potential on large complex projects, one single style may not be appropriate. The failure to match an appropriate style to project circumstances can reduce the stakeholders' motivation and lead to unsatisfactory project results. This paper is helpful to the management to design appropriate organizational structures for complex projects to match the style to circumstances.

Prioritizing Projectsto MaximizeReturn on Investment

-- Bonnie Wald and Ann Marsden

Organizations, which are systematically approaching projects, are generating good returns on investment and gaining competitive advantage. To manage the emerging challenges, some organizations have already started implementing good process for Return on Investment (ROI), as a part of the principal strategy for survival. This paper describes a flexible framework to develop and implement ROI analyses for a company's projects.

Project Management Unplugged

-- Lee R Lambert

During the past several years, process automation has become the king of its project management followers. The professionals in this fast-growing community can now get endless varieties and huge quantities of management information faster than could have ever been imagined. Unfortunately, the result is often: Bad information fasterBad decisions faster. Through this article, learn how to control the "beast" while accomplishing your most important objectivedeliver a successful project!

Know Your Enemy:Software Risk Management1

-- Karl E Wiegers

When planning software projects, software engineers often assume that everything will go exactly as planned. Or, they take the other extreme position. the creative nature of software development means it can't be predicted what will happen, so what's the point of making detailed plans? Both of these perspectives can lead to software surprises, when unexpected things happen that throw the project off track. Therefore, project managers need to manage these surprises effectively and keep the project always on the track.

Global Executive Summaries

  • Managing Consulting Project Risk
  • Project Termination doesn't Equal Project Failure
 
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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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