Project Management

Please login or join to subscribe to this thread

Project finance

linkedin twitter facebook   Innovation   Organizational Project Management   Requirements Management  
avatar
Arash Bayazian Sarkandi CEO| Eizat Alhayat project management Services Dubai, United Arab Emirates
what do you do for a great idea but you don't know where the money come from for the project?
Sort By:
< 1 2 >
avatar
Arash Bayazian Sarkandi CEO| Eizat Alhayat project management Services Dubai, United Arab Emirates
Jul 16, 2018 4:24 PM
Replying to Kiron Bondale
...
Find a sponsor, pitch the idea, get funding...
Thanks
avatar
Arash Bayazian Sarkandi CEO| Eizat Alhayat project management Services Dubai, United Arab Emirates
Jul 16, 2018 6:29 PM
Replying to Sante Delle-Vergini, PhD
...
Arash, create a business case. If the idea is good and you want to contribute, forget job titles, run with it and find a way to present it to management. You may however need to do that in your own spare time, since you probably aren't being paid (as a project manager) to do this.
Thanks, for your comment
avatar
Arash Bayazian Sarkandi CEO| Eizat Alhayat project management Services Dubai, United Arab Emirates
Jul 16, 2018 7:42 PM
Replying to Kevin Drake
...
Make sure it is feasable for investors
Thanks for your comment
avatar
Arash Bayazian Sarkandi CEO| Eizat Alhayat project management Services Dubai, United Arab Emirates
Jul 17, 2018 7:47 AM
Replying to Muzammil Baig, MS(PM), PMP, PMI-RMP
...
If the project is feasible then you need to search the sponsor far fund
Thanks for your comment
avatar
Arash Bayazian Sarkandi CEO| Eizat Alhayat project management Services Dubai, United Arab Emirates
Jul 17, 2018 8:14 AM
Replying to Amit Sharma
...
Simply put, speak to your manager!
Thanks
avatar
Arash Bayazian Sarkandi CEO| Eizat Alhayat project management Services Dubai, United Arab Emirates
Jul 18, 2018 1:34 AM
Replying to RAJESH K L
...
I think first you should patent your idea and then look for sponsor
Thanks
avatar
Arash Bayazian Sarkandi CEO| Eizat Alhayat project management Services Dubai, United Arab Emirates
Jul 18, 2018 1:47 AM
Replying to Tamer Zeyad Sadiq
...
Agreed with all!! The sponsor provides the funds to the project while PM monitors the project budget!!!
Thanks for your comment,

If your are in position that you can choose the project ideas, and you think an idea is very good but you don't know where the money will come from
avatar
Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina
Jul 21, 2018 7:44 AM
Replying to Arash Bayazian Sarkandi
...
Thanks for your comment,

Yes the project manager is not responsible for choosing the project or think about financing the project, but there is a country project selection officer in a country that I was talking about how they are choosing the ideas with their head and she answered first if they don't know where the money come from they will stop the Idea and go for the other ideas that has the support.

I was not agree and decided to ask the management community.
In this case, if you are accountable to answer this type of questions then you are performing as program/portfolio manager. My point is: the level of information each role has, the level of involvement each role has and the focus on specific activities each role has will determine the success of failure of the initiative. By the way, that person only want to know where the money come from or she want to see the demostration of that too?. I was involved on initiatives where I have to demostrate the source of the money.
< 1 2 >

Please login or join to reply

Content ID:
ADVERTISEMENTS

If you look at it, manure isn't such a bad word. You got the "newer" and the "ma" in front of it. Manure.

- George Costanza

ADVERTISEMENT

Sponsors