Project Closure

Presentation Contents
• To present: (all components carry equal marks)
1. Closure phase activities
2. Project Output/ Product
3. Performance on Triple Constraint
4. Changes made in initial scope
5. Risks Realized & Risks Mitigations Carried Out
6. Contingency Plans implemented
7. End User Acceptance (Product Validation against requirement etc.)
8. Sponsor’s Approval (sign-off)
9. Product Handover
1. physical
2. documents
3. outstanding issues
 Output Product
• Lack of computer skills
• Lack of technical skills
• Lack of Value Addition
• High per unit production cost
• Lack of innovation in goods and services
• Lack of information about opportunities in the overseas market
• Lack of Skilled Labor
• Lack of latest technology
• High tariff and low reliability of Power
• High custom duties
• Lack of vocational tanning
• High tax rates
• Lack of knowledge of international rules and Standards
• Entry of foreign firms in the local market
• Lack of proper Roads
 india
• Low Capital base
• Concentration of management functions in one / two persons
• Inadequate exposure to international environment
• Inability to face impact of WTO regime
• Inadequate R & D
• Lack of professionalism
• Poor financial situations and low levels of R&D
• Poor adaptability to changing trade trends
• Desire to avoid risk
• Non-availability of technically trained human resources
• Emphasis on production and not on production costs
• Lack of management skills
• Lack of access to technological information and consultancy services
 Bangladesh
• Lack of adequate investment;
• Lack of modern technology;
• High rate of
• Irregular/inadequate supply of power;
• Poor physical infrastructure and high transportation cost;
• Poor information about market
• opportunities and interest on bank loans
• Inadequate availability of raw materials
• Lack of skilled technicians and workers
• Lack of research & development facilities
• Fierce competition;
• Absence of effective and transparent legal system
 China
• Lack of indirect financing
• Problem caused by SME construction
• Problem caused by bank credit system
• Problem caused by social services
• Problem caused by government
• The threat of anti dumping duties
 Malaysia
• domestic as well as external challenges
• difficulty in obtaining funds from financial institutions and the
government.
• Lack of human capital is the most significant challenge for
Malaysian SMEs
• SMEs in Malaysia face a high level of international competition
• There is a lack of access to better technology
• There is a low level of research and development
Performance on the triple
constraints
Contd..
Time: Our initial time was 4-5 weeks, and now that has changed to
about 7-8 weeks

Cost: Our initial cost was 5000-7000 PKR, and there are no changes to
the initial cost of our project.

Scope: There was a slight change in our initial scope which will be
discussed later.
 Changes made in initial scope

Initial Scope:
Identifying the problems SME”s are facing in Pakistan and the Asian
countries and providing solutions and recommendations to these
problems

Changes made: Our primary research was only focused on the region
of Punjab and the federal area due to time constraints and resource
shortages.
 Presentation Contents
• To present: (all components carry equal marks)
1. Feedback to peers
1. one person from the group share the feedback given to him/her
2. Lessons Learned
1. In retrospect, how you would have changed your plan
3. Uploading all the presentations/ plans on the project on internet:
1. @ a permanent web address
2. to serve as proxy for archiving/ handover
• Grading:
– Max marks 120 equally divided among. To be scaled down as
per the weight-age assigned to this exam

• Considerations:
– No background: history, objective etc.
– Keep it as pictorial as possible – photos not clip arts
– No planned schedule (Gant, PERT etc.). Just the comparison
between actual & planned

• Time:
– Presentation files to be submitted in soft copy BEFORE the
class starts
– Content exceeding THIRTY MINUTES would not be graded