TABLE OF CONTENTS

Sl. No.

Chapter

Page No.

1.1

INTRODUCTION

08

1.2

OBEJECTIVES OF THE PROJECT PROPOSAL

08

1.3

BACKGROUND OF THE PROJECT

09

1.4

PROJECT IDEAS & OBJECTIVE

09

1.5

PROJECT GOAL

09

1.6

LIMITATIONS

09

1.7

METHODOLOGY

09

PROJECT COVER SHEET

10

REQUIREMENT SPECIFICATION

11

3.1

PRODUCT OR SERVICE REQUIREMENTS

11

3.2

PROJECT REQUIREMENTS

11

3.3

WORK BREAK DOWN STRUCTURE (WBS)

11

3.4

PROJECT CHECKLIST

12

FACULTY BUILDING STRUCTURE

13

PROPOSED FACULTY SET UP TIME

17

PROPOSED FACULTY SET UP BUDGET

18

OTHER FACILITIES

20

CONCLUTION

21

REFERENCES

22

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Executive Summary
A project proposal is a detailed description of a series of activities aimed at solving a certain
problem. In order to be successful, the document should:
1)
2)
3)
4)

Provide a logical presentation of a research idea

Illustrate the significance of the idea
Show the idea's relationship to past actions
articulate the activities for the proposed project

Designing a project is a process consisting of two elements, which are equally important and thus
essential to forming a solid project proposal:
1) Project planning
2) Proposal writing
The project proposal should be a detailed and directed manifestation of the project design. It is a means
of presenting the project to the outside world in a format that is immediately recognized and accepted.

HOW TO SET UP A BUSINESS FACULTY

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1.1 INTRODUCTION:
This assignment has been prepared as a requirement of BBA program. It is challenging to work to set
up a business faculty in a University. Facing the challenge and making it successful, we proposed a
project proposal on How to set up a Business Faculty. A proposal is a request for financial assistance
to implement a project. The proposal outlines the plan of the implementing organization about the
project, giving extensive information about the intention, for implementing it, the ways to manage it
and the results to be delivered from it.
1.2 OBEJECTIVES OF THE PROJECT PROPOSAL:
The most important Objectives of the proposal are to make the best business faculty with all of its
facilities, so that it can be a role model for others. We think that our proposal is accepted and made in
future.
Objectives of the project proposal
1)
2)
3)
4)
5)

To maintain a standard for making the proposal.

To know about how the project will be made and became successful.
To make Project planning and execution system.
To keep it SMART: Specific, Measurable, Achievable, Relevant and Time-bound.
To maintain project standard and proposal format.

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Project proposal is a tool not a goal. It should be followed as closely as possible. Deviation is
occurring when necessary. Proposal writing is one of the phases of project management.

1.3 BACKGROUND OF THE PROJECT:

In JAHANGIRNAGAR UNIVERSITY, we have a business faculty. It does have all the facilities we
need to fulfill the standards. So we have to think about a Business faculty which has got all the
facilities we need. Here, we create a proposal so that it can be granted and accepted to make a business
faculty. We want to create mostly different types of business faculty. Here we think just not only a
building but also all other facilities.
1.4 PROJECT IDEA AND OBJECTIVES:
The project is too efficiently to conduct for setting up a business faculty with its entire standard
facilities. The business motives of the project are;
1)
2)
3)
4)

Solve the problem of the business faculty.

Make a role model.
Create employment for the people who make it.
Better communication process and enough technological support.

1.5 PROJECT GOAL:

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The goal of our project is to create the best business faculty in Bangladesh competing with others, to
create a sustainable future for the faculty.
1.6 LIMITATIONS:
1) Information to get is confidential and critical, sometimes difficult to find.
2) The findings are not statistically validated.
3) Limitation of time was one of the most important factors that shortened the present study.
4) Rush hour & business was another reason that acts as an obstacle while gathering data.
1.7 METHODOLOGY:
Most of the information has been collected from different published articles, journals, brochures, web
sites and previous internship report. All the information incorporated in this report has been collected
both from the primary sources and as well as from the secondary sources. Some of the information are
SETTING
A BUSINESS
self imagined and find from
nearest UP
sources.
We take FACULTY
information from different standard business
school around the world.

IN

JAHANGIRNAGAR UNIVERSITY
2. ABOUT THE PROJECT PROPOSAL (AT A GLANCE):
Savar, Dhaka-1342, Bangladesh. Fax: 880-2-7791052
www.juniv.edu
01/SEP/2015

Project Cover Sheet

Project director: Professor Dr. Farzana Islam, Vice Chancellor

Project period: From 1 January 2016 to 1 July 2016. (6 months)
Project summary:
1)
2)
3)
4)
5)
6)

Project Location: FBS, Jahangirnagar University, Savar.

Prime contractor: S.D Builders
Sub contractors: Green view Developers
Number of Floors: 5
Total Budget: 5, 00, 00,000 tk only.
Project scope: Inside Jahangirnagar University, Setting up a business faculty along with
buildings and other facilities. Make role model on setting up different types of business
faculty building in Jahangirnagar University.
7) Other facilities: Students class room, Teachers room with wifi and multimedia facilities.
Sound system for large hall room and also totally air conditioned.
8) Space: 5000 square feet (100x50)
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9) Students capacity: 600 students can study at a time in this building.
10) Designer of the building: ASM ASDUJJAMAN ALIM (Designer of many university
buildings around the world.)
11) Sponsor: University fund and Donation from government.

3. REQUIREMENT SPECIFICATION:
3.1 PRODUCT REQUIREMENTS:
The product offered by the project is service (Faculty set up). The requirements specified for the
service are;
To set up a business faculty is very much cost effective. The management requires the project to be
carried out economically with minimum unforeseen expenditures.
The project will make the faculty of business studies. So that there will be no scarcity of class rooms
and other facilities.
3.2 PROJECT REQUIREMENTS:
The project must commence on January 1st, 2016 and should wrap up the operations on or before June
30th, 2016, a period of six months to cover the entire population of the district.
One of the main requirements of the project is to maintain excellent quality. As the project is on the
construction, ensuring quality of operation is of utmost importance. The Quality vs. Time vs. Cost
prioritization of the project is shown below. As a matter of fact, cost is of least priority as the funds are
raised from student department
and government. However, the

Quality

Time

Cost

60%

20%

20%

development fees, university funds

project expenditure is not expected
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to surpass the estimates submitted as part of the pre study. The demands put forth by the sponsor
require the project to have strict deadlines, so the factor of time is of medium priority.
3.3 Work Breakdown structure (WBS):

3.4 Project checklist:

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4. Proposed building structure:

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In our proposal, we think that a 5 storied building is pretty enough to make a perfect business faculty.
In area of (100x50) =5000 square feet we will make the building.
There are 2 portion of structure.
1) Inside building structure.
2) Outside the building structure.
Inside the building structure:
1st floor: In first floor we plan than there will be Library, canteen, Wifi Zone, seminar room,
Department office room, and Information Desk, Dean Office and girls common room. From here the
administrative work are taking place. Outside the entrance there will be a flower garden and a parking
lounge.

(Architectural view of the floor)

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2nd floor: In the 2nd floor there will be Teachers lounge, Teachers room of their own, teachers own
library room. Architectural views of the floor and sample teachers lounge are given below.

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3rd floor and 4th floor: These two floors are almost same there are 2 separate corridors and each
corridor has got 6 class rooms. There is also a students common room for each floor. 3rd floor is for the
accounting and management department. 4th floor is for the marketing and finance and banking
department.

Examination room: 5th floor is for the examination. It will be shaped round and there will be separate
examination room for each department. Only examination will be taken place here. Architectural view
and sample Examination room are given in the next page.

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5. Proposed project time:

We plan to use iterative approach. Iteration will result in a testable prototype for project proposal. Time
limitation is 6 months which is 26 weeks to make an end of the project. From the project proposal to
Iteration

Description with WBS

Timeframe in date

Time frame in Week

Project proposal

September, 01 2015

nil

Project selection

October 01, 2015

nil

Project planning

November 1, 2015

nil

Engineering procedure

December 1, 2015

nil

Start of the project implementation

January 1, 2016

nil

Bring raw materials

January 1 to 14, 2016

2 weeks

Land development for building

January 15 to 31, 2016

2 weeks

Create the foundation of the building

February 1 to 14, 2016

2 weeks

1st floor complete

Feb 15 to Mar 8, 2016

3 weeks

2nd floor complete

Mar 9 to 29, 2016

3 weeks

10

3rd floor complete

Mar 30 to Apr 19, 2016

3 weeks

11

4th floor complete

Apr 19 to Apr 30, 2016

3 weeks

12

5th floor complete

May 1 to May 21, 2016

3 weeks

13

Decoration and furnished

May 22 to June 11, 2016

3 weeks

14

Recruiting people for maintenance

June 12 to June 29, 2016

2 weeks

15

Project ends with submission of the

June 30, 2016

faculty.
Number of months and weeks

6 months

26 weeks

project ending the approximate time limitation are given below. It will start from January 1, 2016 and
will end in 30, June 2016 the project will be run with 100 workers, 5 supervisors and 2 Developer
Companies will look after the project to make an end in time but maintain the standards. Each mile
stones are the WBS of the project.

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6. Proposed project accomplished budget:

Project status reports depend on reliable estimates as the major input for measuring variances and
taking corrective action. Proposed project cost: project cost estimation is indeed a yardstick for
project cost control. If the yard is faulty you start on the wrong foot. All project stakeholders
prefer accurate cost and time estimates, but they also understand the inherent uncertainty in all
projects. Inaccurate estimates lead to false expectations and consumer dissatisfaction. Cost, time,
and budget estimates are the lifeline for control; they serve as the standard for comparison of
actual and plan throughout the life of the project. Here we are following top down estimate to
create the budgeting for the
To make a better business faculty we have to make a project cost estimate which can tell us how
the things can be done as per the planning. We proposed a 5000 sq/f business faculty building
which is really a big budgeted thing to accomplish.
Here one thing we have to say, we know that labor cost is fixed. But to make a business faculty
in a 5 storied building labor cost is not fixed at all. Labor cost increased by 10% as per the floor
increased. Now there is a proposed budget are given below.
Name of the cost
Material cost
Labor cost
Others cost
Total

Cost per square feet (tk)

950
220
350
1500
Budget estimation for 1st floor:

Total cost
47,50,000
11,00,000
17,50,000
76,00,000

Name of the cost

Material cost
Labor cost
Others cost
Total

Cost per square feet (tk)

950
200
350
1500

Total cost
47,50,000
10,00,000
17,50,000
75,00,000

Budget estimation for 2nd floor:

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Budget estimation for 3rd floor:

Name of the cost

Material cost
Labor cost
Others cost
Total

Name of the cost

Material cost
Labor cost
Others cost
Total

Cost per square feet (tk)

950
242
350
1500
Budget estimation for 4th floor:
Cost per square feet (tk)
950
266
350
1500

Total cost
47,50,000
12,10,000
17,50,000
77,10,000

Total cost
47,50,000
13,30,000
17,50,000
78,30,000

Budget estimation for 5th floor:

Name of the cost
Material cost
Labor cost
Others cost
Total

Cost per square feet (tk)

950
293
350
1500

Total cost
47,50,000
14,65,000
17,50,000
79,65,000

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Name of the cost

Total cost

Budget for 1st floor

75,00,000

Budget for 2nd floor

76,00,000

Budget for 3rd floor

77,10,000

Budget for 4th floor

78,30,000

Budget for 5th floor

79,65,000

Decoration

20,00,000

Multimedia

40,00,000

Furniture

40,00,000

Others cost

13,95,000

Total Budget

5,00,00,000

Total budget for total:

7. Other facilities:
Strong Wifi facilities: New proposed Jahangirnagar University, faculty of business

studies will provide strong wifi zone for the students.

Multimedia facilities: Projector, sound system, air condition facilities will be

available here.
Lift facilities: Lift facilities will be given on 5th, 6th, 7th floor in orderly.
Information desk: Most of the time new students and guests are always get confused
for getting any information. So there will be a permanent place for the information
desk and the dean office will be in the building. So, there will be no way for getting

confused.
Common room: there is no common room in our business faculty right now. But
proposed project accomplishment will give separate common room for the ladies and

gents also.
Library: There is no library room now. But after the project we will get a wee
booked library with apiaceous space and setting facilities. There will be e-library for

the students.
Garden: a nice flower garden will be in the premises of the faculty.
Prayer room: There will be a prayer room for the students. Student from different
religion will take their prayer without any problem.

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Car parking: lots of the students in FBS students have got bike or bi-cycle and some
of the teachers also have got their own car. So a car parking facilities will be

promoted.
Maintenance troops: According to the project plan there will be a group of
maintenance people who will look after the faculty building, its assets and its
surrounding.

8. CONCLUTION:
According to the planning of the project we can insure that our project will become successful if
it is granted. My hypothesis was that How to set up a business faculty. And my results do
support my hypothesis. These project activities show that it is possible to make a successful
business faculty if the conditioned fulfilled. Time and cost estimates of specific activities are
adjusted as the risks, resources, and situation particulars become more clearly defined.
Effective organizations recognize that the rolled up estimates generated from a detailed estimate
based on the WBS are just the starting point.
They factor the final assignment of resources into the project budget and schedule

9. References:

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1. Andres, PD & Vallelado, E 2014, project management: The role of the board of
directors, Journal of Banking & Finance, 32 (2008) 25702580, Department of Financial
Economics and Accounting, University of Valladolid, Avenida Valle Esgueva 6, 47011
Valladolid,

Spain.

The

online

version

is

available

at

http://www.ppge.ufrgs.br/giacomo/arquivos/govcorp/andres-vallelado-2008.pdf.
(Accessed on 7January 2015).
2. Basel,

Switzerland.

The

online

version

is

available

at

http://www.bis.org/publ/bcbs122.pdf. (Accessed on 5 January 2015). Basel Committee on

Banking Supervision, September 1997, Core Principles for Effective Banking
Supervision, section II. Bank for International Settlement, Basel, Switzerland. The online
version is available at http://www.bis.org/publ/bcbs30a.pdf. (Accessed on 5 January
2015).
3. Bushman,

RM

&

Smith,

AJ

2014,

Vol.

9,

No.

1,

pp.

65-87.

http://www.sciencebuddies.org/science-fair-projects/project_sample_conclusions.shtml
4. http://library.bcu.ac.uk/learner/writingguides/1.23.htm
5. http://www.monash.edu.au/lls/llonline/writing/engineering/technical-report/6.1.xml
6. http://www.monash.edu.au/lls/llonline/writing/engineering/technical-report/6.xml
7. http://www.bakeru.edu/spgs-current-students2/academic-tools/writing-assistance/mlastyle-guide/sample-introduction-a-conclusion
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sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=0CFUQFjAKahU
KEwj5wMzYiNTHAhVBGo4KHf96CtA&url=http%3A%2F%2Fwww.ece.utah.edu
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9. https://www.fhwa.dot.gov/pavement/management/pms11.cfm
10. http://writefix.com/?page_id=1591

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