Planning for internal revenue generation

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Planning for IRG Programs/ Projects

Dr. V. Thanikachalam (vthani2025@yahoo.in)


What is the need for IRG?


To Build an Excellent Institute and Offer Quality Services to the Society and Industry.


Establish a Consultancy Center •

• • •

Appoint a head of the center for a fixed period. Provide appropriate communication facilities. Provide supporting staff. Provide seed budget. Provide delegation


How will you plan appropriate IRG Programs?


Appropriate IRG Programs • •

• • • • •

Availability of adequate faculty expertise Commitment to utilize the amount generated under IRG Clear direction from administration Appropriate culture and ethics Appropriate leadership with integrity Adequate infrastructure. Ensure QUALITY at every stage


Regional Assessment •

Needs assessment of working professionals employed in the industries / government in the region. Region is not limited to a few districts or state. It can cover four states or whole nation or continent or whole world


Planning for Programs •

• • •

Assess the needs of the society, industries and government departments. Identification of skill deficiencies from skill standards. Identify the organizational deficiencies. Develop performance objectives Validate the objectives


Conduct a Planning Meeting •

• •

• •

Conduct a brainstorming session with the sponsors of the project Identify the possible programmes which will meet the needs of the government , industry, and entrepreneurs. Prepare a draft plan of the viable programmes. Select a set of organizations and send a mail to them with the tentative programmes. Invite for participation. If they respond, follow it up with further details.


Types of Programs (Sample) • • • • • • • • • •

Short-term training in computers for the employees of the government Office automation Advances in structural design for the engineers Advances in the foundation design for structural engineers PLC and Microcomputer Application Modernization of production process Product design Environmental Impact study Transportation Studies Energy Management.


Better Projects 

    

Establishing a design center for innovative products Establishing a training center for an industry Establishing a product testing center Improving the mining operations Improving transportation system Improving irrigation management


Estimation of Cost of Training • •

Use appropriate method If it is a new programme, add the development cost If it is an existing programme, development cost would have been absorbed.


Estimation of Cost of Research and Development Work •

Estimate the cost of consumables, maintenance cost of equipment, production cost of prototype and the payment to be made for the research assistants.


Monitor •

•

Constantly get the feedback and resolve the issues. Update the work.


Ultimate Objective •

•

Utilize the resources, expertise, develop viable programmes, negotiate and implement. Constantly update the programmes and services.


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