Training Course on the Core Elements of a Small Project
1Summary
A small project gives young people and first-time investors the chance to build a scaled-down version of a much bigger idea, without needing major capital - while still contributing meaningfully to the wider economy, creating jobs, and generating a reasonable financial return.
Arab British Fellowship Training Academy offers this course to introduce participants to the core elements of a small project and how to manage them efficiently to achieve success, combined with a simulation exercise that lets participants apply the theory to a real small-project model.
2Objectives and target group
How Participants Will Benefit:
By the end of the course, participants will be able to:
- Explain the concept of small projects and their different types.
- Identify the core elements that make up a small project.
- Apply the key elements involved in managing a small project.
- Work through a practical simulation of a small project.
Who Should Attend?
- Anyone planning to start a small project.
- Small project owners.
- Entrepreneurs.
3Course Content
Module 1: Small Projects in Context
- The concept of a project, how projects are classified by size, and the concept of a small project.
- Why small projects matter, and the obstacles they commonly face.
- How small projects are classified: by ownership model, management model, type of activity and capital size.
- Types of small projects: service, production and commercial.
Module 2: The Building Blocks of a Small Project
- Raw materials, machinery and technology.
- Human resources: the project owner, technical labor and administrative labor.
- Capital: fixed capital, working capital and establishment expenses.
- Location and management.
Module 3: Managing a Small Project
- Organizational structure and information management.
- Market study.
- Financial study.
- Technical study.
Module 4: Practical Application
- A hands-on simulation of managing a small project.