NCRDS STERLING INSTITUE OF MANAGEMENT STUDIES

PROJECT MANAGEMENT

ASSIGNMENT ON

CLASS: MMS - FINANCE

SUBMITTED TO: PROF. RAKHI SHRIVASTAVA SUBMITTED BY:

AKNOWLEDGMENT

We would like to express our special thanks of gratitude to our Professor Mrs. Rakhi Shrivastava who gave us the golden opportunity to do this wonderful assignment on_______, which also helped us in doing a lot of Research and we came to know about so many new things. Secondly we would also like to thank _______who helped us a lot in finishing this assignment within the limited time. We have made this assignment not only for marks but to also increase our knowledge. For the completion of assignment, we have visited following industry and respective person working their. _________

THANKS AGAIN TO ALL WHO HELPED ME

SUMMURY OF PROJECT

Transformation Process

Electivity criteria Quality Production cost Productivity Production cycle time Price of product

The brand has sculpted residential flats encompassing a vast area of over 3 million sq. ft. in Thane alone, to cater to consumers hailing from diverse economic backgrounds.

History: Vijay Group is one of the distinguished property developers in the central western
state of Maharashtra. Incepted over twenty five years ago in 1985, the company has been responsible for the development of several splendorous structures that have thoroughly altered the urban horizon of the countrys financial capital of Mumbai. Always dedicated towards providing impeccable excellence, the firm has been the source of admiration as well as envy for customers and competitors respectively. This can be attributed to the organizations staunch emphasis over maintaining stupendous quality in all its endeavors. The sheer exquisiteness of the edifices has to be seen to be believed. Such is the incredible charm exuded by these magnificent complexes that have borne the hallmark of inimitable innovation to the hilt.

Management:
Mr. Gautham Takkar Managing Director

Speciality:
Commercial , Residential

Contact Details: Vijay Vilas, Vijay Vilas Road, Near Muchhala Polytechnic, Off. G. B. Road, Thane - 400607 Maharashtra

Website:
www.vijaygroup.com

INTRODUCTION Vijay Group, a brand name signifying good quality, exceptional service, price worthiness and superior value today stands poised as a leading business group and a trusted name in housing. Moreover, the timely completion of projects has entitled us to automatic approval from the leading financial institutions of India.

The business activity started since 1985 over 2 decade ago has earned Vijay Group an impeccable market reputation, earned through the philosophy to forge ahead to heights of recognition, assuring quality all the time. With its unwavering commitment to satisfying the new homebuyer, the Group lives up to its motto "Value based on Trust". Focused on the development and management of upscale apartment communities for a wide spectrum of buyers, the group has built more than 3 million sq.ft in Thane, itself. The thoughtfully designed premium residential complexes fulfill the needs and dreams of our customers. The complexes built with superior materials, well-planned sites and modern amenities dotes the skyline of Thane - the city of lakes. Our best source for new business comes via referrals from our customers - homeowners as well as realtors who have worked with us in the past. Experience the best possible home building and home buying experience with Vijay Group Vijay group is mainly into residential and commercial buildings construction

Some Completed Projects of Vijay Group

Current Projects of Vijay Group

Upcoming Projects of Vijay Group

OPERATING FUNCTIONS IN VIJAY GROUP PVT LTD

Pre Project Planning

Even before design and construction processes begin, there is a stage of "pre-project planning" that can be critical for project success. In this process, the project scope is established. Since construction and design professionals are often not involved in this project scope stage, the terminology of describing this as a "pre-project" process has arisen. From the owner's perspective, defining the project scope is just another phase in the process of acquiring a constructed facility. The definition of a project scope typically involves developing project alternatives at a conceptual level, analyzing project risks and economic payoff, developing a financial plan, making a decision to proceed (or not), and deciding upon the project organization and control plan. The next few chapters will examine these different problems at some length. Site investigation Trail holes, sampling and rock sampling, test wells, ground bearing & other physical test etc. Demolition & site c clearance Removal of existing building and structures , temporary access roads , removal of topsoil ,clearan of trees and removal of existing service Geotechnical and other spcilased processes Various methods by which the properties of the ground are modified, including grouting drainage, diaphragm walls and other impermeable barriers , and remediation of contaminated land Tunneling Boring , blasting and spoil disposal Earthworks Dredging ,exaction for foundations and basements, and re-profile site contours,etc.

Piling Variants include bored or driven pre-formed or cast in sites Superstructure Fabrication of pre-formed components ,casting of structures ,laying of brickwork blockwork,stone and rip-rap ,etc. Services Drains,warter and gas supplies ,etc Roads and Paving Access roads including public highways,loading areas and car parks Fitting out Installation of plant, internal services, cladding and testing,etc Landscaping Planting, seeding and replacement of topsoil, etc.

PROCESS LAYOUT OF PROJECT

PRODUCT LIFE CYCLE OF VIJAY GROUP PVT. LTD

Product Life Cycle (PLC) is a term used to describe individual stages in the life of a product. Product life cycle is an important aspect of conducting business which affects strategic planning. Product life cycle can be divided into several stages characterized by the revenue generated by the product. Introduction Stage (1985-1986) This stage of the cycle was the most expensive for a company launching a new product. The size of the market for the product was small, which means sales are low. On the other hand, the cost of things like research and development, consumer testing, and the marketing needed to launch the product can be very high, especially if its a competitive sector. Growth Stage (1987-2004) The growth stage was typically characterized by a strong growth in sales and profits, and because the company can start to benefit from economies of scale in production, the profit margins. Maturity Stage (2005-2010) During the maturity stage, the product was established and the aim for the VIJAY GROUP PVT. LTD was to maintain the market share they have built up. Decline Stage (2011 onwards) Eventually, the market for a product is started to shrink, this shrinkage is due to the market becoming saturated i.e. all the customers who will buy the product have already purchased it), or because the consumers are switching to a different type of product.

PRODUCT DESIGN As VIJAY GROUP is facing decline stage, company is trying to produce new product and for that they are considering following aspects: Market feedback Performance test results Modification according to new technology and consumer requirements.

PRODUCT is designed as per client requirements

FACILITY LOCATION

VIJAY GROUP PVT LTD - Project is located at Thane Ghodbunder Road Parameters of Location considered by the company: Thane is one of the fastest growing suburbs in Mumbai Thane is blessed by natural beauty like lakes & Mountains Ghodbunder road is upcoming area of thane and has a good connectivity to central and western Mumbai. There are many residential projects coming up in Thane recently.