Concept of Project & Project Management

Under guidance of:Dr. Alok Rai

Associate Professor

Presented by:Ashutosh Mishra 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

•References2

“Trying to manage a project without project management is like trying to play a football game without a game plan.” - K .Tate

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

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Features of Project

Unique in Nature

Beneficial change

Element of Risk

Limited Resources

Approved Budget

Defined Timescale

Source: Project Management Guidebook

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Typology of Projects

Strategic

Systems

Operational

2-5 years.

High degree of change to customers.

Highly complex.

1-2 years.Medium degree of change

to customers.

Medium complex.

Up to 1 year.Low degree of change to

customers.

Less complex.

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What is Project Management?

Project management comprises:

•A set of skills.

•A suite of tools.

•A series of processes.

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.

Source: www.wikipedia.org

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Lines of authority “fuzzy”.

Ever changing set of tasks.

Responsibility for cross functional activities.

Only in project life duration.

Main task is resolution of conflict.

Contains intrinsic uncertainties.

Authority defined by management structure.

Consistent set of tasks.

Responsibility limited to their own functions.

Permanent work scenario.

Main task is optimization.

Limited set of variables.

Project Management General Management

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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)

Ph

ase

s o

f Li

fe C

ycle

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Sub-divisions in Project Life Cycle

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

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Bangalore Metro Rail Project

Source: www.bmrc.co.in

The project was started in August 2005 and is still going on, which will

continue till December 2011 (for phase 1).

Project Initiation

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Source: www.bmrc.co.in

Project Planning

Routes: East-West (18.1 km) & North-South (14.9 km) Corridors

Total length of project: 42.3kms

Type: Elevated and Underground

Number of stations: 41

Number Of Commuters Per Day: 820,000Proposed Fare: 1.33-1.66 times the bus fares. Annual escalation fares at 4%Cost/Km Underground: Rs 250 croreCost/Km Elevated: Rs 80 crore

Total cost: Rs 8100crore

Fund Formula:

•State: Rs 2287 cr

•Centre/Federal: Rs 1831 cr

•Financial Institutions: Rs 3982 cr

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

-Peter Drucker

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Source: www.bmrc.co.in15

Source: www.bmrc.co.in

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.

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Bangalore Metro Rail Project comes under the legal body of Bangalore Mass Rapid Transit Ltd (BMRTL).

Chairman: Anil Bajijal, Union Urban Development SecretaryManaging Director: Mr. V. MadhuExecutive 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.

Summary

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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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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.

Conclusion

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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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