Growing Economy, Scope for Fresh and New Projects, Need for Infrastructural Facilities.

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Challenges Project Management in Bangladesh : Positive Factors: 1. Growing economy, scope for fresh and new projects, need for infrastructural facilities. 2. Availability of resources. 3. Abundance of manpower. 4. Urge for development. 5. Adaptability of manpower vis-à-vis technologies. Negative Factors: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22 23. 24. 25. 26. 27. 28. 29. Poor & very inadequate technical bases. Inadequacy of research & trained manpower. Serious brain drain. Lack & inadequacy of infra-structural facilities. Corruption (resource utilization is only 40% effectively). Very poor project planning. Data bank lacking & highly inaccurate. Dearth of experienced & hardworking and honest…show more content…
I. Introduction a. Statement of the problem One of the most critical and gigantic problem which most of the developing countries have been facing is that of poverty and special backwardness. These countries tend to be very anxious to overcome these problems. During the last two decades these developing countries have been initiating a number of development programmes and projects under their development plans aiming at increasing production, adopting technologies for modernization and social change, optimizing use of scarce resources, and above all raising the standard of living of the millions of people condemned to poverty, inequality and unemployment. Thus the public sector growth is one of the natural consequences of planned economy. It is the public enterprises which constitute the most important Institutional framework for achieving these objectives. The problem of poverty, inequality and stagnation in the developing countries to be as daunting as ever in spite of massive programme of modernisation and social change were undertaken by these countries. This has happened due to unsuccessful implementation of development projects. Existence of a plan does not by any means ensure its effective implementation. Effective management is vital for the development of any economy because development itself is the effect of a series of

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