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Concept of Project & Project

Management

Under guidance of: Presented by:


Dr. Alok Rai Ashutosh Mishra
Associate Professor MBA-Marketing
FMSBHU
Flow of Presentation

•What is a project?
•Features of Project
•Project Management
•Project management vs. general
management
•Project Life Cycle
•Phases of Project life cycle
•Bangalore Metro Rail Project
•Conclusion
•References
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What is Project?

The word project comes from the Latin word projectum which means
"something that comes before anything else happens".
Source: www.wikipedia.org

A project is “a unique endeavour to produce a set of deliverables


within clearly specified time, cost and quality constraints”.
-Jason Westland, CEO MPMM

“Trying to manage a project without project management is like trying to


play a football game without a game plan.” - K .Tate

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Features of Project

Unique in Defined Approved


Nature Timescale Budget

Limited Element of Beneficial


Resources Risk change

Source: Project Management Guidebook


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Typology of Projects

2-5 years.
High degree of change to
Strategic customers.
Highly complex.

1-2 years.
Systems Medium degree of change
to customers.
Medium complex.

Up to 1 year.
Low degree of change to
Operational customers.
Less complex.

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What is Project
Management?

In project management a project consists of a temporary endeavour


undertaken to create a unique product, service or result.
It is a management environment that is created for the purpose of
delivering one or more business products according to a specified
business case.

Project management comprises:


•A set of skills.
•A suite of tools.
•A series of processes.

Source: www.wikipedia.org
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Project Management General Management

Lines of authority Authority defined


“fuzzy”. by management
structure.
Ever changing set of
tasks. Consistent set of
Responsibility for tasks.
cross functional Responsibility
activities. limited to their own
functions.
Only in project life
duration. Permanent work
scenario.
Main task is
resolution of conflict. Main task is
Contains intrinsic optimization.
uncertainties. Limited set of
variables.

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Project Life Cycle

The sequence of phases through which the


project will evolve is a project life cycle.

A project life cycle is basically defined by it’s


phases, according to which a project swims
through & finally reaches to handover stage.

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” The life cycle is the only thing that uniquely distinguishes projects from non-
projects.”
- Patel & Morris (The Role of the Project Life Cycle (Life Span) in Project Management :A
literature review by R. Max Wideman)
Phases of Life Cycle

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Sub-divisions in Project Life Cycle

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Source: Princeton Univ. (Engg. College)
website
Some Project Life Cycles

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Bangalore Metro Rail Project

Project Initiation

The project was started in August


2005 and is still going on, which will
continue till December 2011 (for
phase 1).

Source: www.bmrc.co.in
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Project Planning

Plans are only good intentions unless they immediately degenerate into
hard work.
-Peter Drucker

Routes: East-West (18.1 km) & North-South Fund Formula:


(14.9 km) Corridors •State: Rs 2287 cr
Total length of project: 42.3kms •Centre/Federal: Rs 1831 cr
Type: Elevated and Underground •Financial Institutions: Rs 3982 cr
Number of stations: 41
Number Of Commuters Per Day: 820,000
Proposed Fare: 1.33-1.66 times the bus fares.
Annual escalation fares at 4%
Cost/Km Underground: Rs 250 crore
Cost/Km Elevated: Rs 80 crore
Total cost: Rs 8100crore

Source: www.bmrc.co.in
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Source: www.bmrc.co.in
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Project Execution

Ground-level preparations for the ambitious metro rail project in


Bangalore are being made with the State Government freezing
development activity in 247 premises and buildings it had tentatively
identified for this purpose.

Bangalore Metro will have a standard gauge and will take cover under the
100-year old Mysore Tramways Act, which will require some amendments
by the state government to suit the present day needs. With this, BMRTL
can avoid going to the railway ministry for all sanctions.

Project Closure

Phase 1 is expected to go live by December 2011.

Source: www.bmrc.co.in
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Summary

Bangalore Metro Rail Project comes under the legal


body of Bangalore Mass Rapid Transit Ltd (BMRTL).
Chairman: Anil Bajijal, Union Urban Development
Secretary
Managing Director: Mr. V. Madhu
Executive Director: Mr. M.S. Nagendra
(Administration), Mr. Y. Rajendra (Finance)
Board of Directors: 5 from Central Government, 5
from State Government.
Participants: State, Central Governments, Financial
Institutions. 17
Comparative Analysis:
Metro Rail vs. Monorail

Monorail is very expensive and the return on


investment [ROI] is very low. Mono Rail
system costs Rs 120 crore per km, against
Metro Rail’s Rs 75 crore per km. Metro Rail
had a capacity to carry 45,000-50,000
passengers per hour, while Mono Rail can
carry only 10,000-12,000 passengers per hour.

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Conclusion

Public sector BEML has been mandated for the supply of


150 metro coaches valued at Rs 1,672cr. with a provision
for supplying 63 more coaches. Supplies of the first set will
begin in October 2010.

The companies involved in handling various tasks of the


project are:-
•Hyderabad-based Navayuga Engineering Ltd.
•Nagarjuna Construction Company Ltd.
•Afcons Infrastructure, Gammon India, Simplex
Infrastructures and Soma Enterprise.
•Punj Lloyd Ltd.
The second phase of the project might begin in 2012.
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Bangalore Metro Rail Project

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References

Project Management Institute, USA via


internet.
Practical tools, techniques & MS project
scheduling -- Dick Billows
Best project management practices --
Dick Billows
The AMA handbook of Project
Management.
Project Management – Harvey Maylor
www.bing.com

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