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Project

Management
Topic: MRI Machines
Shagun Jain (J013)
Prachit Saraf (J035)
Shubhrangi Shandilya (J038)
Avantika Sharma (J040)
Palak Dosi (J207)
Details of the Project
• Project to manufacture “Make in India” MRI machines.

• The project is needed as current MRI machines are:


• Unaffordable
• Imported
• Unavailable to everyday Indian.

Keeping these factors in mind, the company aims to leverage and exploit the need in the
market while at the same time ensuring that each Indian gets decent healthcare
coverage.
Work Breakdown Structure
Control Path Method (CPM)
Task
Task Predecessor Duration (Weeks)
Alphabet
Sketching A   2
Prototyping B A 3
Sample Testing C B 2
Sourcing (Hardware) D C 5
Sourcing (Software) E C 3
Manufacturing (Hardware) F D 4
Manufacturing (Software) G E 3
Analysis H F,G 1
Evaluating Exit Criteria I H 2
Quality Check J I 1
Control Path Structure
E G

START H I

A B C D F

FINISH
Control Path Method
1 1 1 1 1 1 1
E 7 G H I
0 0 3 6 7 7 9
1 1 1 1 1 1 1 1
3 3 1 2
0 3 3 6 6 7 7 9

A 0 2 B 2 5 C 5 7 D 7 12 1 1 J 19 20
F
2 6
2 0 2 3 2 5 2 5 7 5 7 12 1 1 1 19 20
4
2 6

Finishing Time: 20 weeks


Project Life Cycle
E T
Execution Transfer
C P
Concept Planning
Project Life Cycle
• Concept:
• Identification of the need in market.
• Bottlenecks and potential shortfalls identified.
• Risk and competition analysis completed.

• Planning:
• Final plans for the project and product developed.
• Prototypes and factory samples completed and tested.
• Crucial training for workers completed.
• Final costing given to management team.
Project Life Cycle
• Execution:
• Supply chain, suppliers finalized and streamlined.
• Healthy inventory of supplies to be kept to ensure timely delivery.
• Full time production of machines to begin
• Small time improvisation to help with evolving market trends.
• Transfer:
• Final Training for the workers to be completed.
• Future forecasts to ensure firm’s preparedness to deal with challenges.
• Regular inspection to ensure firm’s viability.
Costs
BAC Particulars Cost (in ₹
lakhs)
PV 80
CV
AC 100
AC SV

PV EV 60

EV BAC 120
Costs
Particulars Costs (in ₹ lakhs)

PV 80 • The project is progressing at the rate

AC 100 of 75% of the original plan.

EV 60
• The firm was making ₹0.6 per ₹1.
BAC 120

SV -20
• The project is overbudget and delayed.
CV -40

SPI 0.75 (75%) • Thus putting the Estimated cost of


CPI 0.6 completion at ₹200 lakhs.

EAC 200
THANK YOU

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