A PROJECT SYNOPSIS ON

“A STUDY ON COST CONTROL TECHNIQUES AT BANGALORE

METROPOLITAN TRANSPORT CORPORATION”(BMTC)BANGALORE

SUBMITTED IN PARTIAL FULFILLMENT & REQUIREMENT FOR THE

AWARD OF THE DEGREE OF

“MASTER OF BUSINESS ADMINISRATION”

OF
BANGALORE UNIVERSITY

SUBMITTED BY

VENKATESHA S

REG.NO.1781CMD150

UNDER THE GUIDANCE OF

ADARSH INSTITUTE OF MANAGEMENT AND INFORMATION

TECHONOLOGY
5TH MAIN, CHAMARAJPET, BANGALORE-560018
TITEL OF THE STUDY:

The title of the study is “A STUDY ON COST CONTROL TECHNIQUES AT

BANGALORE METROPOLITAN TRANSPORT CORPORATION (BMTC)” Bangalore.

STATEMENT OF PROBLEM:

The main problem of this study is that, collecting of all kind of costs which are incurring in the
huge service rendering business sector like transportation is very difficult. The problem is related
to the costing system followed in Bangalore Metropolitan Transport Corporation (BMTC).

Hence, while conducting this study we take costs and their nature according to the norms of the
cost accounting.

OBJECTIVES OF THE STUDY:

 To describe the process costing system in the company.

 To analyses the results and detect the flows in the system.
 To control the cost of operating vehicle and optimum utilization of resources.
 To study the organization structure, span of management, authority and responsibility.

SCOPE OF THE STUDY:

The study is designed to provide information regarding the cost of operating each vehicle and to
ascertain the cost per unit of operating a vehicle and also to fix the rate carriage of passengers or
goods. And this study is also compared to variance and analysis which predict the future and
essence of vehicle dispatch and vehicle introduction.

RESEACH METHODOLOGY:

This is an analytical and descriptive study undertaken to ascertain the costing system in
“BMTC”.

The study required the collection of information from secondary sources, which were collected
and analyzed to arrive at suitable interpretation. There is not separate costing department in
“BMTC” and the accounts department itself looks after the costing aspects. Thus, information
was collected from the accounts department at central office.
SOURCES OF DATA:

The data has been collected from secondary sources.

I. 0SECONDARY DATA SOURCES:

Secondary data refers to the information gathered from already existing sources.
Secondary data may be a published or unpublished data. The published data are
available in the following forms.
 Publications of state and local governments.
 Techniques and journals.
 Online and real time database etc.

Plans of analysis:

 Charts
 Tables
 Graphs
 Pie chart
 Bar chart
 Line chart

Sampling techniques:-

It is a case study conducted for the year (2013-2017) at a company in order to evaluate the cost
system of the business.
METHODS OF DATA COLLECTED:

This is an analytical and descriptive study undertaken to ascertain the price comparison of
different services in “BMTC”.

 The study is purely an analytical method where in the data gave have been analyzed on
the basis of information supply by the responded corporation.
 The alternative relevant information are collected from the annual report and
administration report of the corporation.
 Visiting and collecting information from MIS department, statistics department and
accounts department.

LIMITATIONS OF THE STUDY:

 The study relates only to costing system in “BMTC” and does not apply to any other
service.
 `This study is limited to information provided by “BMTC”.
 Time constraints is limited for wide coverage of the study.
 The accuracy of information depends on the degree of correctness of accounts of the
company.

CHAPTER SCHEME

SL .NO TOPIC
1 INTRODUCTION
2 REVIEW OF LITERATURE
3 RESEARCH DESIGN
4 COMPANY PROFILE
5 DATA ANALYSIS AND INTERPRETATION
6 SUMMARY OF FINDINGS, SUGGESTIONS AND CONCLUSIONS
7 BIBLIOGRAPHY AND ANNEXURE