This lecture which was delivered today is considered an introductory component of group projects. The lecture addresses technical and economic issues providing case studies. The ultimate goal of this lecture is to focus on necessity of proper planning for achieving successful aquaculture projects. The farmed species in relation to the climatic conditions as well as the consumer acceptance. Also, the proposed site of the project has been analyzed focusing on issues which could be handled versus other issues which could have detrimental effects on the the future of the project. Design, staffing, capacity building, economic analysis, SWOT analysis have been addressed in the lecture.