| Course title | Project preparation, formulation, application to funding agency |
|---|---|
| Course code | KMI/PPA |
| Organizational form of instruction | Lecture + Lesson |
| Level of course | Master |
| Year of study | not specified |
| Semester | Summer |
| Number of ECTS credits | 6 |
| Language of instruction | English |
| Status of course | unspecified |
| Form of instruction | Face-to-face |
| Work placements | Course does not contain work placement |
| Recommended optional programme components | None |
| Lecturer(s) |
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| Course content |
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1. Cost Concepts: Direct/indirect, Fixed/ variable, Total cost. Inventory costing : FIFO, LIFO.Weighted average methods. System of costing : Job, order, batch, process, unit & operating cost joint & byproduct. 2. Cost Standards in Textiles : Cost structure in textile industry, Cost of raw material/labour/utilities. Cost Control : Standard costs, variance analysis, determination of cost per kg of yarn, per kg (metre) of fabric, measures for cost reduction, selling price decision for yarn/ fabric. 3. Profit planning: Cost volume - profit analysis, Break Even point. Budgeting, Definition, purpose, types. 4. Financial Statement & Investment Analysis : Profit & Loss account and Balance sheet anlysis, Fund flow statement, Ratio analysis, Concept of cost of capital, IRR, DRC, DSCR, ERR, payback period and techniques for calculation. 5. Project Cycle: Phases of project cycle identification, preparation evaluation, documentation & Supervision. Various functions in project cycle - Technical, commerical, financial, economic, managerial. 6. Project formulation and Appraisal: Appraisal concept, Need for appraisal, Methodology, Various aspects - market, management, technical, financial and economic. 7. Key financial indicators in appraisal, Investment decision from appraisal report. 8. Post-project appraisal. Evaluation of Technological Content of Textile Projects. 9. The choice of Technology and their assessment, operating constraint, appropriateness of technology, factors influencing selection, various aspects of technology transfer. 10. Project Utilities and Environmental Aspects for Textile projects: Power, Steam, Fuel, Water, Compressed air, Air conditioning, Pollution (air, water, ground noise). 11. Special Appraisals: For Modernisation projects, balancing equipment, expansion and diversification projects (including backward & forward integration). 12. Application to funding agencies and evaluation.
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| Learning activities and teaching methods |
Monological explanation (lecture, presentation,briefing), Written assignment presentation and defence
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| Learning outcomes |
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The main aim of the couse is to enable students to understand the requirements of a project proposal. To be able to write projects for industry and for research. To evaluate the feasibility of a project and its execution.
The student should have understanding of process parameters in textile industry and research. Should have competence to defend strengths of a project proposal. Presentation skills and communication skills to be developed. |
| Prerequisites |
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The students should have minimum ability to understand, read, write and speak English language. Basic mathematical abilities and ability in Excel necessary. Should have basic understanding of textile material and processes.
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| Assessment methods and criteria |
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Combined examination
Before the course students should be able to understand the textile terminologies and processes. After the course they need to submit a proposal of their own which will be evaluated by the peer group. They need to pass a written exam and present their project proposal by power point. |
| Recommended literature |
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| Study plans that include the course |
| Faculty | Study plan (Version) | Category of Branch/Specialization | Recommended semester |
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