Basic Information for Formulating Project Proposal
Following description is an attempt to provide a simple understanding of project formulation. There is another technical factor associate in formulating a project, despite its complexity and technicality I have tried to simplify it only to have an idea of formulating a project. We developed an idea of conceptualizing a project for a welfare program. Now let us look at some important factor that is indeed important for formulating a comprehensive project. Project Formulation depends on two sets of information.
1 Information regarding the organization.
2 Information regarding the project.
A project proposal must contain information regarding the implementing agency. A complete profile of the organization. The following information regarding the organization may be considered.
1 Information regarding the organization.
- Name of the organization - This information required of your organization name, address, contact details, and bank account information.
- Mission and Vision - The mission and vision of the organization should be clearly stated in the proposal.
- Aims and Objectives- Organization's aims and objectives.
- Legal Status of the organization - Proposal should contain information about the legal status of the organization. Whether the organization registered or not, hence the proposal should enclose a copy of registration certificate.
- Previous work details or experience of the organization- A details account of past work and expertise as well as the achievement of the organization should be mentioned.
- Main activities of the organization- Provide the details of soul activities that the organization is undertaking since the beginning.
- List of the governing body - A details list of governing body members of the organization and their roles should be mentioned. Name of the president and the secretary of the organization .
- Decision-making process and structure- You can provide information on the process of decision making and how the decision is taken. Also, provide the organizational structure and department details with how those departments are functioning.
- List of the resources of the organization - list out your existing resources including your manpower to technology, show you are credible enough to implement the project in terms of your resources
- 10-Financial status of the organization- Give an account of the financial involvement of the organization. Who are the existing project partners or the donor agencies which are in association with the organization?
2 Information regarding the project.
- Project Title - Give Name and convey the purpose of the project. The title should be short and most refer to what the project is all about.
- Problem Statement-Describe the problem its causes, its nature and how it affects the people. Discuss the details of how the problem is identified.
- The project area of Operation- Provide information about the project implementation area where the project will be implemented.
- Problems aim and objectives- Clearly state that what the project intends to achieve or solve.
- Action Plan- Define elaborately what is the plan to be undertaken to achieve objectives.
- Methodology - State what strategies you adopt to implement the Action Plan.
- Time Frame - Frame out time to solve the identified problem, it means the duration of your project.
- Budget estimation-Give financial details estimation of your project how much will it cost to implement the project.
- Evaluation and Follow up - Describe the provision and mechanism to assess and know the result that you wanted to achieve.
- Reference and Recommendation - Mention the name of person and institution that you know and they know you.
You can also look at the following explanation
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