The book has been thoroughly updated with the latest developments in the project management and implementation activities. One important change has been made in the fifth edition by bringing the questions and guidance at the end of the respective chapter itself, instead of separate chapter of `Student`s supplement` in the previous editions, This will facilitate quick reference of the module test questions and answers thereof in the main chapter.

I hope this book with the fifth edition will be very useful to the professional students of the Institute of Cost and Works accounts of India, Institute of Chartered Accounts of India, Institute of Company Secretaries of India, ICFAI University, IGNOU, MBA Institute, Engineering colleges, Universities, all other Institute including the premier institute like IIMS and IITS and like, where `Project Management` is included in the curriculum of their postgraduate studies.

This book would be equally useful to the working managers, faculties of management institute and universities.

Contents :

Part I : Project Formation, Appraisal and Investment Decision-Making
1. Project-Concept, Meaning and Total Project Management Cycle-An Overview
2. Expenditure of Different Types and Project
3. Formulation of Project and Feasibility and Detailed Project Report
4. Classification of Projects and Project Formation
5. Appraisal and Evaluation of Projects
6. Environmental Appraisal and Clearance
7. Estimation of Cost of Project
8. Financing and Financial Closure of Project
9. Financing and Economic Analysis of Projects
10. Investment Decision and Approval of Project
11. Important Terminologies (Glossary of Projects)
12. Present Value Table
Part II : Project Planning, Scheduling, Implementation and Control
13. Project Admission
14. Project Organization and human Resource Management
15. Engagement of Project Consultants
16. Project Implementation and Preparation of Technical Specifications
17. Contracts and Materials Management in Project
18. Project Implementation and Integrated Project Management
19. Project Monitoring and Control
20. Financial Management and Control in Project
21. Important Terminologies (Glossaries of Project)
Part III : Project Completion and Evaluation
22. Completion of Projects and Managing Transition Period
23. Closure of Contracts
24. Completion Cost of Projects
25. Capitalization of Assets of Projects
26. Post Project Evaluation of Completion Audit Report
27. Capital Investment Practices in Foreign Countries
28. Important Terminologies (Glossary of Projects)
Part IV : General
29. Government Projects
30. Social Projects
31. Import Substitution Project
32. Infrastructure Projects
33. Special Economic Zone Projects
34. Real Estate Sector Project
35. Incentive from State / Central Governments
36. Taxonomy in Projects
37. Strategic Management in Projects