1. Dr.Daleep Parimoo Entrepreneurship

2. Business Plan Business plan VideoVideo Video-2 Video-3 Video-4 Video-5 Video-6

3. Project Management- Entrepreneurship Technical, financial, marketing, Personnel and Managerial preparations for entrepreneurship Estimating and financing funds requirement Schemes offered by various commercial banks Venture capital funding Managing Growth

4. Lecture Plan PM- An overview Entrepreneur as a project manager Preparation /resources required for developing an organization-sourcing of people, funds etc. Estimation of the financial requirement Schemes offered by commercial banks How t o approach venture capitalists, what the requirement for venture capital How growth can be sustained in face of stiff competition. Visual aids : video on how business plan is prepared to be screened Cases and Home work for students: Preparation of Business Plan and its implementation-Case to be given to students)

5. What Is a Project? 5 A project is “a temporary endeavor undertaken to create a unique product, service, or result.” Operations is work done to sustain the business. A project ends when its objectives have been reached, or the project has been terminated. Projects can be large or small and take a short or long time to complete. *PMI, A Guide to the Project Management Body of Knowledge (PMBOK® Guide) (2004), p. 5.

6. What is Project Management? 6 Project management is “the application of knowledge, skills, tools and techniques to project activities to meet project requirements.”* *PMI, A Guide to the Project Management Body of Knowledge (PMBOK® Guide) (2004), p. 8.

7. The Triple Constraint 7 Every project is constrained in different ways by its: Scope goals: What work will be done? Time goals: How long should it take to complete? Cost goals: What should it cost? It is the project manager’s duty to balance these three often- competing goals.

8. . Project Management Framework Information Technology Project Management, Fourth Edition 8

9. The Triple Constraint of Project Management Information Technology Project Management, Fourth Edition 9 Successful project management means meeting all three goals (scope, time, and cost) – and satisfying the project’s sponsor!

10. Entrepreneur as a PM Is an entrepreneur a truly Project Manager? Discussion

11. SEVEN KEYS TO SHAPING THE ENTREPRENEURIAL ORGANIZATION Kauffman has given seven keys to shape the entrepreneurial organization HIRE SELF-MOTIVATED PEOPLE HELP EACH OTHER, BE SUCCESSFUL CREATE CLARITY IN THE ORGANIZATION – CLARITY OF PURPOSE, DIRECTION,STRUCTURE, AND MEASUREMENT DETERMINE AND COMMUNICATE YOUR OWN VALUES AND PHILOSOPHIES PROVIDE APPROPRIATE REWARD SYSTEMS CREATE AN EXPERIMENTAL, LEARNING ATTITUDE CELEBRATE YOUR VICTORIES !

12. Financials Financial Model Forecasting Model Break-even Analysis