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ASSIGNMENT

NICMAR / SODE OFFICE

1. Course No. - GPPM 21


2. Course Title - Projects Formulation &
Appraisal
3. Assignment No. - ___________________
4. Date of Dispatch -
5. Last date of receipt -
6. of Assignment at SODE office

ASSIGNMENT

Any company that has to survive in a competitive environment can not remain
complacent with the present. It has to continuously bring about change in order to
adapt to the altered environment.

Investment opportunities in India are today perhaps at a peak. Supported by India’s


natural strengths, the country offers investment opportunities in excess of $500 billion
in diverse sectors over the next five years.

Projects, that are endeavours to create unique products and services, are basically the
instruments leading to organizational growth. Projects have a long term impact on the
character of the organization. Projects create wealth not only for the organization but
also for the nation. Projects, therefore, form a very important part of the organization’s
strategy for survival & growth and therefore are the main concern of the corporate
management.

Realising the tremendous opportunities, the most of the pragmatic organizations are
planning to invest in new projects. Every project starts with the perception of an
opportunity. The better this is characterised, the easier it will be to judge the levels of
expenditure and risk that are justified. Identifying the patterns by which technology
creates new products & services and exploiting them early gives the company a
significant competitive advantage.

In the light of your studies prepare an assignment on project formulation, evaluation


and appraisal of a hypothetical project by covering the following:

i. Market Analysis
ii. Technical Analysis
iii. Financial Analysis.

Reference Books

1. Prasanna Chandra, Projects: Planning, Analysis, Selection, Financing


Implementing & Review, New Delhi, 2006.

2. Walker A., Project Management in Construction, (4th Ed.), Blackwell


Publishing, London, 2002.

3. P. Gopalkrishnan & V. E Ramamoorthy, Text Book of Project Management,


Macmillan India Ltd., Delhi, 2001.

4. John M. Nicholas, Project Management for Business & Technology- Principles


& Practice,2nd edn, Prentice-Hall of India Pvt. Ltd., New Delhi 2004.

5. Harvey Maylor, Project Management, Pearsun Education Ltd., Delhi 2006.

6. G.O.I., A Manual on Project Implementation. Ministry of Programme


Evaluation (GOI), 1989/1994.

7. Iyer P. Parameshwar, Engineering Project Management: with Case Studies,


Wheeler Publishing, New Delhi, 2000.

8. Maylor H., Project Management, 3rd Edn., Pearson Education, New Delhi,
2003.
ASSIGNMENT
NICMAR / SODE OFFICE

1. Course No. - GPPM 22


2. Course Title - Construction Quality Management
3. Assignment No. - ___________________
4. Date of Dispatch -
5. Last date of receipt -
of Assignment at SODE office

ASSIGNMENT

You have been selected as a project manager for a prestigious high rise building in
Mumbai which will be housing very rich personalities from industry and film world.

Your company management has asked you to formalize Quality Management System
(QMS) for interior finishes, Plumbing and prevention of rainwater seepage so that the
overall quality standard and image of company is raised.

STUDY

1. Jwan's book on "Total Quality Management (TQM)"

2. Quality Management in Construction Industry including ISO-9000 - NICMAR


Publication

KEY

1. Define quality, quality control, quality management. Quality assurance and total
quality management. Understand the scope of the above concepts.

2. Study different types of materials required in concreting.

3. Understand recommended uses of various types of cement.

4. Study the requirements for plain and reinforced cement concrete.

5. Study the relevant bureau of Indian Standards.

6. Study the method of production and control of quality of concrete.


7. Identify the various activities of your project and the resources required for the
same. List the steps required for assuring quality before commencing the work,
during execution and control measures required after completion.

8. Design a QMS for reinforced concreting work. Illustrate your assignment with
diagrams.

OUTLINE IN BRIEF

1. Quality - It's meaning in civil work projects.

2. Standards & specifications for making & transport concrete.

3. SQC

4. Inspections & Checklists. What are they, how muchuse is made of them, in your
experience & opinion.

5. How to assure quality.

6. Creating quality assurance organisation / unit at the site.

- Persons / Officers - their qualifications & experiences

- Functions & Duties

- Reporting to whom

- Methods of quality assurance

- Testing of incoming materials


- In process inspections & testing
- Testing at finishing stages
- Penalties for non-compliance & incentives for compliance
7. Conclusions / Recommendations

8. Bibliography / References
ASSIGNMENT
NICMAR / SODE OFFICE

1. Course No. - GPPM 23


2. Course Title - Contracts Management
3. Assignment No. - ___________________
4. Date of Dispatch -
5. Last date of receipt -
of Assignment at SODE office

ASSIGNMENT
Contract administration and monitoring is the most important area of construction
management. Contract administration process should start right from the day work is
assigned to the company. Discuss any project contract currently in progress with your
company and how administration and monitoring is being done. Draw the
organization chart for this activity and explain all the functions carried out. Do you
think the system is achieving results ? Discuss.

STUDY

Contract Management in Civil Works Projects - V.A. Prakash, NICMAR Publication.

KEY

Describe scope of work in short


Explain type of contract
Note down important Points of construction, payment terms, Quality norms,
technology in point form
Draw the organisation structure, function and authority of each person
Discuss how points of ambiguity, classification, dispute are resolved by
management with owner / department
Comment on success and satisfaction level of management
STRUCTURE

i. Name of project
ii. Scope of work
iii. Important details of contract, cost, time, type etc.
iv. Important points from contractor's point of view to be monitored / resolved
v. Organisational chart with functions
vi. Method followed for administer and monitor
vii. Recommendations / Conclusion
viii. Bibliography / Readings
ASSIGNMENT
NICMAR / CODE OFFICE

1. Course No. - GPPM 24


2. Course Title - Finance Management &
Cost Accounting
3. Assignment No. - ___________________
4. Date of Dispatch -
5. Last date of receipt -
of Assignment at SODE office

ASSIGNMENT
An offer has been given by a Charitable Trust to develop and build a facility on a
10,000 sq.m. of plot in a prime locality of Pune where 5000 sq.m. of area will be used
by the trust for housing, health facilities for senior citizens. 5000 sq.m. will be given
free to developer as a cost of development .
Cost of land is Rs. 10,000/ sq.m.
Specifications for flooring :
10% Granite
40% Kota stone
50% Mosaic cement tiles
R.C.C. Framed structure
Aluminium sliding windows - Class A.
Rest specifications as used for Class A. constructions.

Discuss the financial viability of the project and the financial planning of the project.
Developer would like to have minimum 18% net profit on his investment. Developer
can invest only Rs. 10 lakhs as his own funds and can raise not more than Rs. 50 lakhs
as bank loan.
KEY
i. Study basic concepts of Capital and Revenue, Finance Resource
Mobilization, Cost Accounting, Management Accounting.
ii. Learn to do the budgeting and cash flow forecasting.
iii. Study the various methodologies adopted by the firms in analyzing such
a given project viability.
iv. Carry out preliminary finance feasibility study of the given project.

SUGGESTED OUTLINE FOR SOLVING THE CASE

1. Projects scope/specifications

2. Technical studies

a. Technology
b. Cost of construction
c. Manpower requirements/costs
d. Design adequacy and alternatives
e. Work schedule on quarterly basis
3. Financial and economics evaluation

a. Total investment costs


b. Project financing proposed
- Proposed capital structure/loan requirements
- Interest calculations
c. Operating costs with quarterly breakup
d. Cash flows
- Prepare quarterly Revenue/Expenditure (inflow/outflow)
- Use NPV/IRR/payback as measures of financial feasibility
4. Conclusions / Recommendations on financial feasibility of project

5. Bibliography / References

Note: (Please refer chapters on Capital Budgeting for necessary clarity. In this
assignment more detailed work is expected on financial evaluation.)

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