Professional Documents
Culture Documents
Contact Information
kakarsohail11000@gmail.com
javedankhan5@gmail.com
Contents
Entrepreneurship Project.......................................................................................................................3
Group Members:................................................................................................................................3
Product/Service:................................................................................................................................3
Allocation of Tasks:..........................................................................................................................3
Timeline:...........................................................................................................................................3
No. of Review Meetings (Sprints):....................................................................................................3
Indicators/Milestones:.......................................................................................................................3
Finishing:...........................................................................................................................................3
PROJECT DRAFT................................................................................................................................4
Of..........................................................................................................................................................4
QUETTA BIM CONSULTANTS.........................................................................................................4
VISION.............................................................................................................................................4
MISSION..........................................................................................................................................4
STRATEGIES...................................................................................................................................4
RESOURCES....................................................................................................................................4
Personnel:......................................................................................................................................4
Machines and Equipment:.............................................................................................................4
Workspace:....................................................................................................................................5
SWOT Analysis of BIM....................................................................................................................5
Strengths........................................................................................................................................5
Weakness.......................................................................................................................................5
Opportunities.................................................................................................................................5
Threats...........................................................................................................................................5
MARKETING.....................................................................................................................................6
Product..........................................................................................................................................6
Pricing...........................................................................................................................................6
Promotion......................................................................................................................................6
FINANCIAL PLAN..............................................................................................................................8
Financing...........................................................................................................................................8
Use of Funds..................................................................................................................................8
Sources of Funds...........................................................................................................................8
Cash flows.........................................................................................................................................8
Net Present Value..............................................................................................................................9
Return on Investment.........................................................................................................................9
Entrepreneurship Project
Group Members
Name CMS ID
Mohammad Sohail 46904
Muhammad Yousaf 45947
Muhammad Tayyab 46562
Mohammad Javedan Khan 47044
Saddam Hussain 46167
Allocation of Tasks:
Name Tasks
Mohammad Sohail Research Work
Muhammad Yousaf Software Work
Muhammad Tayyab Finance Management
Mohammad Javedan Khan Developing Business Plan
Saddam Hussain Market Analysis (Risk Analysis)
Timeline:
From 10 Jan 2022 to 14 Feb 2022.
Indicators/Milestones:
Introducing BIM technology to the Quetta construction industry.
Establishing BIM-based consultancy.
Producing efficient designs.
Introducing/developing 5D modeling through BIM.
Finishing:
Finishing is expected on 14 Feb 2022.
PROJECT DRAFT
Of
QUETTA BIM CONSULTANTS
VISION
Establishing a BIM Based Construction Industry to improve coordination,
communication, and visualization during different construction phases from planning
to demolition.
To shift the conventional workflow to BIM integrated process in the Quetta construction
industry.
MISSION
Introducing BIM technology to the Quetta construction industry.
Establishing a BIM-based consultancy.
To introduce BIM as a subject at the bachelor’s and master’s levels.
Producing efficient and economical designs.
Introducing/developing 5D, 6D, and 7D modeling through BIM.
STRATEGIES
Hiring professionals and trainees to initiate the process.
To conduct an awareness program to familiarize the industry with BIM technology.
Conducting workshops and sessions for trainees and students.
To develop an integrated cross-discipline working environment in the office.
To offer courses for BIM software related to different systems.
RESOURCES
Personnel:
Professionals
Fresh graduates
Interns
Security guard
Kitchen boy
Machines and Equipment:
Laptops
Printers
Multimedia
Generator
Workspace:
Working space (office)
Furniture
Crockery
HVAC system
Stationary
Security system
SWOT analysis of BIM implementation evaluates the pros and cons as strengths and
weaknesses that appear as a result of implementing BIM on a building project. Later it
investigates the opportunities and threats that happen as a result of this implementation.
Strengths
SWOT analysis says that BIM can help reduce waste and thereby save the precious
time and money spent on a project.
BIM gives the 3D designs of a building project, which is an improved feature of this
method.
This information modeling system stimulates the construction sequences and makes
the entire construction work smooth and clear.
BIM implementation enables to reduce the errors and thereby avoid the risks that may
cause during the construction time.
BIM also significantly minimizes the use of energy over a building’s lifecycle
BIM can be applicable even in the smallest companies.
BIM is widely used in all sectors of the construction industry including construction,
engineering, civil, mining, facility management, etc.
Weakness
BIM does not facilitate collaboration among different occupations.
It focuses on building rather than on information
In order to become BIM implementation, effective different sectors of a company
must work together.
The government of each country has to take the lead in order to implement BIM
widely.
The other weak point is that BIM has no universal software platform
Even though BIM helps save money, it needs initial costs to implement the software
and to train the staff.
Opportunities
BIM implementation gives opportunities to be connected with international BIM
leaders in education.
BIM can be described as the DNA of future construction, as it contains all the
information about a project even before the construction starts.
BIM implementation helps develop new skills and knowledge in the field.
Threats
According to SWOT analysis, the implementation of BIM may undermine the
traditional working style of the construction industry
If BIM is used, the type of construction contract is also to be changed
There is a limit to understanding the BIM completely
The construction companies, that implement BIM, are less and therefore the suppliers
are also less in number.
Competitor’s Analysis
MARKETING
It is a general observation that Technologies like BIM aren’t that widely known in the
regional world, like around us. So there needs a solid marketing strategy to be planned and
executed to attract more and more clients’ attention. For that purpose, based on availability
and most suitable resources, from a startup point of view, using the basic “Four Ps” of
entrepreneurship, an accurate execution plan is designed as under:
Product
Most importantly, we have got the latest technology in the civil engineering field, to which
most parts of the community are still unknown, i.e. BIM. It is, until now, compared with the
other available technologies in the market is the most efficient and modern technology and
we are at the expertise side to play with such technology. So Yeah, our product is a BIM-
based Design including Architectural design, structural design, scheduling, and quantity
takeoff.
Pricing
Being the newest and most efficient technology, BIM does not only have high value in the
local market but also internationally. For us, being the starters, we provide 10% discount
compared to the Quetta market.
Promotion
As the latest, it is, so as the very few numbers of local people know about it. This would be a
highly challenging task to get more and more people to have knowledge about it and spread
awareness. Thanks to the era we live in and the accessibility to the fastest technologies, using
which we can access anyone, anywhere and anytime, (i.e. social media. . .)
I. Accessible resources
Social Media
Of course, there would be one official website, page, or any kind of platform, using which we
would be able enough to advertise our product, communicate faster with the community
engaged, and keep everyone notified and updated about our services. Advertising through
well-known and highly seen televisions and social media platforms. Placing
Awareness sessions
We would use the hubs where a maximum number of man masses would get to know about
BIM, the universities, consultancies, national and multinational business companies.
Sources of Funds
10 lac initial and 2 lac monthly loan from the bank at an interest rate of 10%.
50 thousand per month from personal savings
Budgeting
Entrepreneurship Project
Quetta BIM Consultants
Project Budgeting
Startup Budget
Entity Expense (Rupees)
Advance for Rent 100,000
Paper Work 3,000
Furniture 50,000
Building Repair 50,000
Furniture Transport 10,000
Computers 200,000
Multimedia 240,000
Printer 80,000
Crockery 20,000
Generator 125,000
Advertising & Marketing 502,000
Total 1,380,000
Monthly Budget
Entity Expense (Rupees)
Professional Engineer 50000
Rent 30,000
Tea and Biscuits 10,000
Utilities 25,000
Stationary 5,000
Papers/Drawing Sheets 10,000
Security Guard 15,000
Tea Boy 12,000
Total 157,000
Total for 6 Months 942000
Total Expenses (Rs.) 2,322,000
7% Contingency (Rs.) 162,540
Total Capital Fund Required (Rs.) 2,484,540
Loan (Rs.) 2,000,000
10 % Interest (Rs.) 200,000
Entrepreneurship Project
Marketing Budget
Social Media Platforms
Daily Charges Monthly Charges 6 Month Charges
Platform
(Rs.) (Rs.) (Rs.)
Facebook 875 26250 157500
YouTube 525 15750 94500
Printing Ads
Type Charges (Rs.)
Advertising Cards 50,000
Banners 200,000
Total Marketing and Advertising budget for 6 months = Rs. 502,000
Entrepreneurship Project
Service Budget
Service Type Charges per Foot (Rs.)
Architectural Design 35
Structural Design 50
Scheduling 25
Quantity Takeoff 15
All Services 120
Cash Flows
CASH FLOWS
OUTFLOW
Entity Name Amount in PKR.
Month Month Month Month Month Month Total
1 2 3 4 5 6
Startup Cost 828,000 - - - - - 828,000
Advertising & 83,670 83,666 83,666 83,666 83,666 83,666 502,000
Marketing
Building Repair - - - - - 50,000 50,000
Salaries 77,000 77,000 77,000 77,000 77,000 77,000 462,000
Rent 30,000 30,000 30,000 30,000 30,000 30,000 180,000
Utilities 25,000 25,000 25,000 25,000 25,000 25,000 150,000
Tea and Biscuits 10,000 10,000 10,000 10,000 10,000 10,000 60,000
Stationary 5,000 5,000 5,000 5,000 5,000 5,000 30,000
Papers/Drawing 10,000 10,000 10,000 10,000 10,000 10,000 60,000
Sheets
SUM/month 1,068,670 240,666 240,666 240,666 240,666 290,666
Total Outflow for 6 months 2,322,000
INFLOW
Entity Name Amount in PKR.
Month Month Month Month Month Month Total
1 2 3 4 5 6
Savings 50,000 50,000 50,000 50,000 50,000 50,000 300,000
Loans 1,000,000 200,000 200,000 200,000 200,000 200,000 2,000,000
Income from 100,000 200,000 200,000 250,000 250,000 350,000 1,350,000
Services
SUM/month 1,150,000 450,000 450,000 500,000 500,000 600,000
Total Inflow after 6 months 3,650,000