Strive I Im Raipur
Strive I Im Raipur
Strive I Im Raipur
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THE EDITORIAL
Trying to manage a project without
project management is like trying to play a
football game without a game plan as
rightly said by K. Tate.
Editorial
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DIRECTORS MESSAGE
Directors Message
management.
techniques,
facilitates
the
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INSIDE STORY
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March 2014
SPECIALS
Project Management
Trends in Project Management
5
9
In CONVERSATION with
Mr. Srivatsan Parthasarathy
(Partner in Deloitte)
28
32
EXPERIENCE
12
Application of Project
Management practices in IT
Mumbai International
Airport Terminal II
ACADEMIA
Critical Challenges for
Effective and Efficient Project
Management
17
39
44
62
BOOK REVIEW
Small wonder- The
making of NANO
47
GURUMANTRA
24
50
CROSSWORD
Industry
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Article Academia
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Gurumantra
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Article
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Student
Article
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Experience
Experience Book
SpecialsSpecials
Virtual
Project
Management
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Project Management
Project Management
Bhavana Ziradkar
(pgp13118.bhavana@iimraipur.ac.in)
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Project Management
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March 2014
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Experience
and
project
important.
contemporary
the
of
Mantel
(2003,
p.
society
development
of
1)
demand
new
methods
management.
generates
cost
Budget
project
monitoring
and
Objectives,
Product
description,
requirements,
scope, financials
& risk
Project
planning
Work
breakdown
structure, schduling
of activities, planning
and
etimation
of
completion time
Budgeting
Risk management
Initiation
Monitoring &
controlling
Team
development
Quality
Assurance
Procurement
Project
execution
Contract closure
Lessons learned
Project closeout
Project
closing
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Project Management
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Gurumantra
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Experience
Sigma
Procurement
project.
opportunities
helps
are
in
maintain
demand.
quality
identified
by
Procurement
outsourcing
and
takes
care
services
of
needed.
report
generation,
tracking
creep.
Scope
creep
is
March 2014
aspect
phase
of
is
monitoring
and
managing
and
Lessons
for
learned
provide
implementing
best
investigations,
hydraulic
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Gurumantra
and tunnels.
line
connecting
Mumbai
to
deadlines.
Project Management
Information
Konkan Railway
Route
corporation was floated Km
on July 19, 1990
760
StakeholdersKarnataka, Kerala, Goa
and Maharashtra
First train run January
26, 1998
Longest bridge- Across
the Sharavati in
Honnavar (2,065.8 m)
Stations
92
Minor
bridges
Road
Crossings
179
1819
300
meetings
and
execution,
the
project
was
completed
(64 Km)
years. Overcoming
in
and
References:
Phillips
Project
terrains
different
difficult
maintained
overcomed
was
flow
Major
Bridges
were
Tunnels
through
59
Refernce:http://www.thehindu.com/news/national/karnataka/include
-mangalore-region-in-konkan-railway/article4866610.ece
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Poorva Gadre
(pgp13098poorva@iimraipur.ac.in
Architect from Rachana
SansadAcademy
Interested in Marketing and
Analytics.
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Experience
interconnected
global
village.
the
project
costs
amount to thousands of
Such
and
require.
elaborate,
inter-continental
Every
project
has
different
10
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Transfer
of
papers
and
other
legal
developing
change.
Improving
Technology
GDP
is
of
the
progressing
at
an
11
March 2014
References:
1. World
Bank
Website
www.worldbank.org/projects
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s
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In Conversation With
MR. SRIVATSAN PARTHASARTHY
on Risks Handling In Project
Management
Mr. Srivatsan is managing the National Technology Risk & Security Service with over 20 years
of proven success in developing, managing and advising global enterprise clients on
technology, security and GRC strategy and solutions.
Experienced in strategizing, designing and implementing solutions for enterprise infrastructure
cloud and non-cloud, security, identity management / entitlement, disaster recovery, business
continuity, fault tolerance, contingency and crisis management, application / infrastructure
integrity, and GRC.
12
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Special
s
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project?
critical.
13
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s
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completely
focussed
to
overall
project
While
there
are
significant
changes
in
risk management.
the company?
14
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s
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management
significantly
getting
be sustainable?
industry acceptable?
quick
assessment
and
response
planning to risks.
business growth.
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Critical challenges for effective and efficient Project Management by Dr. Dinesh Likhi
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Dr. Dinesh Kumar Likhi is a visiting faculty at IIM Raipur and Director (Production &
Marketing) at MIDHANI. He holds additional charge of HR and Projects areas.
He started his career with Escorts Tractor Ltd., Faridabad in 1981 and worked for Steel Authority
of India Limited (at Rourkela Steel Plant, in Production/Operation/Process control, and corporate
office of SAIL Delhi) for more than 31 years. He has wide experience in automobile, steel and
special metal alloys Industry.
Dr. D K Likhi is a life member of Indian Institute of Metals, National Institute of Personnel
Management, Indian Institute of Materials Management and Global Institute of Flexible System
Management.
He has been awarded the Jawahar Award for Outstanding PSU Executive in 1995, group awards
for his contribution in turnaround of SAIL and preparing growth plan for SAIL and new business
development projects in 2011. In addition, he has been recipient of Netherland Fellowship in 1999.
16
Critical challenges for effective and efficient Project Management by Dr. Dinesh Likhi
Student Article
17
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s
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transformation
output.
of success in implementation.
etc.
implementation
professionals.
examples
of
allow
needs
to
project
be
well
project
Project Uncertainties:
Management:
implementation
its
Initiation,
capability
in
will
and
Conceptualization,
Book Review
Critical challenges for effective and efficient Project Management by Dr. Dinesh Likhi
Close out.
Academia
Special
s
Gurumantra
Experience
individual
&
workload
pressures,
establishment
difficulty
lack
of
procedure/expertise,
in
re-collecting
accurate
value
environment.
confirmation
The
orientation
This
of
holistic
governance
managers
between
project,
staff,
reducing
challenging
development
gap
roles,
require
structure
for
through
will
and
well-defined
of
team,
measure
of
and
team
performance,
cycle.
will
project
individual
require
leadership.
18
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crucial
role
of
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s
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mastered
Critical challenges for effective and efficient Project Management by Dr. Dinesh Likhi
management.
in
day-to-day
project
19
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Critical challenges for effective and efficient Project Management by Dr. Dinesh Likhi
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s
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2013)
Modular-approach,
paradigms.
Schroeder
Conclusions:
and
Schroeder,
2013
and
On-site
Open-Innovation,
projects.
above
Project Management:
Domestic
market.
References:
Any
20
March 2014
focused
areas,
market
to
Indian
project
International
T.G.
(2009)
Project
Discipline
Project
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Critical challenges for effective and efficient Project Management by Dr. Dinesh Likhi
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Gurumantra
Special
s
International
Journal
of
Project
21;
pp. 14-31
Management:
Project
Project
Business
Effective
turning
Uncertainties
Into
Leadership
in
Project
Achieving
Management
Journal,
conference
pp. 59-69
on
Management,
pp. 157-
163
Management
European
9. Schroeder,
H.,
Schroeder
and
532-538
Team,
Assignment
the
Responsibility
Economy
Matrix
Transdisciplinarity
Cognition,
Vol.
7. Ofori,
21
Experience
D.F.
(2013)
Project
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s
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components:
Challenges are:
lead
to
misunderstandings
Cost
constraints
Offshore
Also
managing
increases.
the
cost
of
leads
to
unnecessary
deteriorate
problem
solving
exchange of ideas
22
internal conflict.
strategy by
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another challenge.
False consensus
Underground conflict
Organizational context
Closure avoidance
Geographical context
Communications support
Uneven participation
Lack of accountability
Individual characteristics
Technology adoration
results
catalyst,
facilitator,
barrier
living example
Lipnack and Stamps suggest that setting
up e-mail list, opening chat rooms, and
help
communication
in
increasing
understanding
between members
Xerox,
for
instance,
encourages
23
Work nature
challenges?
Experience
behaviours:
Special
s
March 2014
its members.
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s
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Project implementation
Project completion
Members
must
demonstrated
have
previously
satisfactory
work
together.
language etc.
References
1. http://blog.bootstraptoday.com/2012/0
4/13/why-you-cannot-avoid-virtualproject-management-2012onwards/#sthash.0Hk4ANLn.dpuf
2. http://www.umsl.edu/~sauterv/analysis
/488_f01_papers/rolfes.htm
3. http://www.vmware.com/files/pdf/vm
ware-solution-opex-reducing-opex-wpen.pdf
24
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Reference: http://sureshtvn.blogspot.in/2013/06/pir-panjal-railway-tunnel.html
Trisha Gajbhiye
Trsiha Gajbhiye
(pgp13116.trisha@iimraipur.ac.in)
(pgp13118.tisha@iimraipur.ac.in)
She has completed her Graduation
in Electronincs and Instrumention
from SSCET, Bhillai
Her interest lies in Operations and
Marketing
25
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s
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First have a definite, clear practical ideal; a goal, an objective. Second, have the necessary
means to achieve your ends; wisdom, money, materials and methods. Third, adjust all your
means to that end. -Aristotle
tunnel
Hindustan
connecting
with
constructed
ambitious
Banihal
Udhampur
by
in
Jammu
Srinagar
Reference: http://indiandefence.com/threads/jammu-kashmirrail-link-to-be-inaugurated.28204/
landslides.
by
Mr.
Arun
Karambelkar,
26
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s
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cost
assessing
the
stress
27
March 2014
but
provide
greater
ease
of
drastically.
Apart
from
the
above
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28
Gurumantra
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Reference: http://wheredmyjobgo.blogspot.in/2011/05/titanic-blue-cheese-turkey-meatloaf.html
Arnab Sen
(pgp13069.arnab@iimraipur.ac.in)
He has completed his B. Tech in
mechanical engineering from NIT
Warangal.
He have 3 years of work experience in
L&T
29
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s
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Titanic project-
Reference:http://blogs.msdn.com/b/dannawi/archive/2009/05/
15/2009-standish-chaos-report-we-are-successful-in-thefailure.aspx
2010
2012
Consistently on
budget
48%
33%
Consistently on
time
36%
29%
Consistently
delivering stated
deliverables
59%
35%
30
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Special
s
Integration
class.
over speed.
management-
Experience
31
March 2014
Profitability
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s
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months apart.
March 2014
make
it
less
luxurious.
Lifeboat
Wolff.
32
Construction:
Construction
went
on
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Experience
(Planning
&
Special
s
Execution):
Testing
During
Titanics
fitting
out
Ismay
deadlines.3
major
incidents
33
Gurumantra
March 2014
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s
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because of rank.
operators
commercial
were
traffic.
overloaded
by
Around
250
Further
34
compromises
in
the
implementation.
References:
1. KPMG Project Management Survey
2013.
2. Project
Management
Blunders
Kozak Holland.
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s
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Applications of Project
Management Practises in
Infosys
Abstract:
Kiran Tippani
(pgp13085.kiran@iimraipur.ac.in)
Mechanical engineer from VNR
VJIET Hyderabad.
Experience of around 44 months in
Infosys ltd.
Interested in Marketing and
Operations.
35
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Gurumantra
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s
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Introduction:
Approach,
Critical
chain
Book Review
project
much
Traditional Approach:
EXECUTION
Delivery / Closure
36
Academia
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s
Experience
Initiation,
Design,
Closing or Delivery.
Planning
Project Experience:
and
The project is to
and
there
is
no
proper
37
Gurumantra
March 2014
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s
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project to clients.
This
contrasts
of
the
project,
marketing
framework
Reference: http://www.alginerozan.com/
38
Book Review
So
39
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these
projects
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mostly
focus
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s
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on
design,
training,
communication,
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s
Experience
Amit Gandhi
(pgp13017.amit@iimraipur.ac.in)
Mechanical engineer from Veermata Jijabai
Institute of Technology Mumbai
Experience of around 22 months in Blue
Star
40
Interested in Operations.
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s
Experience
Book Review
2014.
Creating
unified
2 Experience
Airport terminal
International
Mumbai Mumbai
2 Experience
Airport terminal
International
Rs
93
Crore
for
Centralized
material
Through
required
creative
HVAC in this
of the space is
project
to
fittings
right
from enquiry
incorporate a
to delivery of
of
fixtures and
for
installation of
design, much
mosaic
the
outsourced
travellers.
modified
Air
target
material on
Reference:http://www.skyscrapercity.com/showthread.php?t=347144&page=488
and
41
time
industry.
Anchoring
Bulking
Rate Contracts
Reverse Costing
Reverse Auction
Bidding
not
supplying.
Effect
of
42
1. http://www.storypick.com/seen-brandnew-terminal-t2-mumbai-airportprepared-go-wow/
2. http://www.bluestarindia.com/pressroo
m/default.asp#96
3. http://economictimes.indiatimes.com/sl
ideshows/infrastructure/mumbaiairports-t2-set-to-outshine-delhis-t3/xshaped-terminaldesign/slideshow/19090787.cms
4. http://economictimes.indiatimes.com/sl
ideshows/infrastructure/mumbaiairports-new-t2-beautiful-interiorshots/beautifully-litt2/slideshow/28672488.cms
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Rishab Raj
(pgp13104.rishab@iimraipur.ac.in)
He has completed his graduation in
mechanical Engineering from BITS
Pillani.
He is having around 35 months of
experience in Bharat Petroleum
Corporation limited.
43
Book Review
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44
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s
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appropriate
mention
of
what
TATA
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implemented,
longer route had only 390 km of singlecarriage road, while the shorter route had
1,633 km of single-carriage road. The road
survey also revealed that the shorter route
was more prone to accidents (because of
many narrow and weak bridges) and had
more security problems on road, while the
longer route had better infrastructure and
support system through the entire stretch.
The cost and time (ten days for each truck)
taken to travel through the longer route
would be more but the team opted for it
since the primary objective was to transport
the equipment safely. There are several
other aspects of this critical operation
which are missing in the book.
shortcomings
with
an
projects
launched,
of
flexibility,
innovation,
45
March 2014
enthralling
automobile industry.
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s
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Crossword
1
CROSSWORD
10
11
12
13
14
15
17
18
16
19
20
EclipseCrossword.com
Across
The Palm Islands project in the coastline of Dubai was concerned with building an ____
began in 2001.
5. The crucial component of the PPT triangle in project management is
9. The_____ is a mega project that will become the longest man-made canal (75km) on
completion.
12. _______ is a mega project which was a major blunder in the history of project management
and referred as "The Unsinkable ship"
13. The stage in team management where the rules are communicated and the productivity of
the team is increasing is called _____
14. The steel required for the construction of the Chenab bridge was procured from Bhilai
3.
46
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15.
17.
19.
20.
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plant of ______
The Central Artery/Tunnel Project (CA/T), known unofficially as Boston's ______ , was
the expensive public works project of The US.
This famous German car company BMW is pursuing research in mobility for future related
to______management
_____ facilitates employee sharing across different locations in a cost effective manner
for a project.
The project which was completed in 1010 AD by Rajarajan I of the Chola dynasty and is
a UNESCO world heritage site.
CROSSWORD
Down
1.
2.
4.
6.
7.
8.
10.
11.
16.
18.
47
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s
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Experience
Answers
1
A R T
A L
T
4
P E O P L E
6
CROSSWORD
A
N
8
S L A N D
T
E
A R A B
T
10
A N C A N A L
11
A
12
T A N
S
C
13
T
14
S A
I
L
N
G
17
B R
15
16
G D
V P M
18
T R A F F
20
N O R M
19
H A D E E S W A R A R T E M P L E
S
EclipseCrossword.com
48
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Team
Anubhav Sood
Manoj H
Subhash Kumar
Sujitha Tikka
Thousif Mohammed A
49
Bharath Arava
Gautham Jayan
Ruchi Sao
Sameer Pandey
Vanamamalai. R
March 2014
March 2014
PROJECT MANAGEMENT
50