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GITAM UNIVERSITY

1. TITLE OF THE PROJECT:


PERFORMANCE MANAGEMENT SYSTEM in Orissa Hydro Power Corporation, Bhubaneswar

2. NAME OF THE LEARNER:


Mr. ABHIJIT NANDI

3. NAME OF THE STUDY CENTER:


CREATIVE KNOWLEDGE FOUNDATIION
4. REGISTION NUMBER:

5. GUILD DETAILS (Internal Guide):


Mr. Ashis Ranjan Mohapatra, Management faculty.
6. NAME OF THE PROJECT GUIDE (External Guide):
Mr S.C. Jena, AGM, HRD, OHPC

7. INTRODUCTION PROJECT AND COMPANY:

The Odisha Hydro Power Corporation or OHPC is a Public Sector Undertaking of Government of
Odisha was incorporated under the Companies Act 1956 on 21 April 1995 with the objective of
establishing, operating, maintaining, renovating & modernizing hydro, thermal and other forms of
power generating station besides owning, developing and operating coal mines for supply of fuel to
the thermal power stations. Its objective are:
To acquire, establish, operate, maintain, renovate, modernize in the State of Odisha and else
while hydroelectric generating stations, thermal and nuclear electric generating stations and
any other electric generating stations based on any non-conventional sources of energy.
To carry on the business of purchasing, selling, importing, exporting, producing, trading,
manufacturing or otherwise dealing in hydroelectric power, thermal and nuclear electric
power based on any non-conventional sources of energy.
To study, investigate, collect information and data, review operations, plan, research, design,
prepare feasibility reports, prepare project reports, diagnose operational difficulties and
weaknesses and advise on the remedial measures to improve and modernize existing stations
and facilitate and to undertake for and on behalf of others the setting up of hydroelectric
power plants, thermal and nuclear electric power plants and any other power plants based on
any non-conventional source of energy.
The objectives incidental or ancillary to the attainment of the main objects are to acquire
business / companies for carrying on business of electric power, to acquire know-how, to
carry on consultancy services in any field of activity in which it is engaged, to act as an
entrepreneur on behalf of the Central or any State Govt.
A modern scientific and systematic performance management system focuses on
improving performance through continuous and ongoing feedback and guidance from
reporting officer. It addresses the growth and career development of employees through
identification of strengths and weaknesses of employees, which leads to better utilization
and development of talents. Performance management system also serves the purpose of
developing better superior-subordinate relationship based on trust and mutuality. The most
important aspect of performance management is that it is an integrated system where both
vertical and horizontal integration is well addressed. Vertical integration is achieved by
aligning individual and team objectives with business strategy. Whereas horizontal
integration is achieved by aligning performance management strategies with other HRD
strategies specifically focusing on competency, reward, performance based culture, team
working, career growth and development etc.

Thus

performance

management

has

tremendous

impact

on

organizational

effectiveness as it addresses the competency and capability of the people of the


organization.

8. NEED FOR THE STUDY:


The project aims at a proper and systematic performance management system in any
organization is essential as it is an add-up in creating and maintaining a satisfactory level of
performance by employees in their jobs. It highlights needs and opportunities for growth and
development of the person; it helps in taking decision regarding promotions, transfers, and pay
increase. Performance management plays an important role in organization strategy that of assuring
consistent behaviors. It is means for knowing if an employee behavior is consistent with the overall
strategic focus. It is also a mechanism to reinforce the values and culture of the organization.

9. OBJECTIVES OF THE STUDY:


To have a brief insight into the existing performance management of OHPC.
To critically access the appropriateness of the existing performance management system and the
strengths and weakness in it.
To access the relative contribution of performance management system in the accomplishment
of organizational goals.
10. METHODOLOGY & STATISTICAL METHODS:
Primary Data:The data collected by directly observing employees and asking questions are called primary data. For the
collection of primary data various questionnaires were prepared depending on the category of personnel
involved, which were to be filled by the respondents. For administering the questionnaires the researcher
was to visit OHPC corporate office, Bhubaneswar.
Secondary Data:Secondary data was collected from published and non-published sources. Published sources included
magazines, bulletins, pamphlets etc. non-published sources included official files and records,

booklets, quarterly reports, annual reports, journals and the records of the company were
also used. Also unpublished project reports of previous year were used to understand the
meaning of the study properly.

11. LIMITATIONS OF THE STUDY:


A major constraint of this study is time factor. 4 weeks is a very small span of time to know
about the performance management of an organization thoroughly.
Un-willingness on the part of the executives is also a major barrier in collecting information.
Collecting information from the respondents against their fear of being exposed was a tough
and critical job.
Hesitating attitude and lack of support from the executives of HRD wing of OHPC.