Context :
Not
all ministries reporting project completion milestones and revised cost
estimates: MoSPI .. ET .. 19 Aug 2023
Extract :
Cost overrun in
central government projects (Rs 150 crore and above) declined marginally in
July to 19.46% compared with 19.48% in June. However, the ministry of
statistics and programme implementation reported that not all projects are
reporting completion milestones and revised cost estimates making it difficult to
determine actual progress and extent of cost and time overruns.
“It has also been observed that project agencies are not
reporting revised cost estimates and commissioning schedules for many
projects which suggests that time / cost
overrun figures may be under-reported “, the Ministry reported for its
report for July
My Take :
Ø Infra
Projects : How to control TIME – COST over-runs
…………. 05 June 2022
Extract :
Dear Narendrabhai,
Whereas it is
not possible to totally eliminate all TIME-COST overruns , it is
certainly
possible to bring these overruns down to 5
% or less, provided you insist
that PROJECT
PROPOSING MINISTERS / OFFICERS, strictly follow the procedure
described in
my following earlier e-mail :
Nothing prettier than PERT ! ……………………………… 04 Dec 2015
Extract :
My
suggestions :
* When any Ministry submits any Project Proposal for Cabinet approval, it
must be accompanied
by a PERT (Program Evaluation and Review Technique )
chart
, clearly showing all the " Activities " lying
along the CRITICAL PATH (
earlier
That
PERT Chart must accompany a tabulation showing, for each " Activity ",
# " Pessimistic Time "
# " Optimistic Time " , and the
# " Most likely Time "
Since Admiral Rickover , introduced this mandatory requirement for
awarding
tender to build the first nuclear submarine, some 50 years ago
, all US
government departments follow this procedure for all govt contracts
*
Insist that all the government
departments / contractors, responsible for
execution of any of these "activities", update
the PERT chart status online on
the web site of the Project Monitoring Group
* PERT charts for all the projects should be made visible to the general
public
*
If there is any " slippage " in any activity lying on the CRITICAL
PATH , the
name of the department or contractor responsible ,
must appear in bold RED
letters , against that activity
This
is the only INNOVATION that we need , to ensure that the projects get
completed in
time and within budget
With regards,
Hemen Parekh
/ hcp@RecruitGuru.com /
06 June 2022
Related Readings :
Thank You, Dear Prime Minister ……………………….[ 13
Oct 2021 ]
No More Delayed Projects ? ……………………………….[ 26 Aug 2021 ]
Monitoring Projects in Real-time ? …………………….[ 11 Aug 2020 ]
PERT for Digital Dashboard…………………………………[ 27 Feb 2018 ]
Remembering Admiral Rickover ! ………………………[ 04 June 2017 ]
Project planning can optimise costs and improve
operations / BL on Campus / 13
April 2022
CC
:
DR.
G P Samanta / Secretary / secretary@mospi.gov.in
Ms. T. Rajeswar / Additional
Secretary / as-mospi@nic.in
Shri Arindam Modak / Deputy Director
General / arindam.modak@gov.in
Shri Ravi Gupta / Director / dir-ipmd@mospi.gov.in
Shri Anand Joshi / Under
Secretary / anand.joshi28@gov.in
Smt. Rinki Gupta / Deputy
Director / dd-in-ipmd@mospi.gov.in
Smt. Saumya Sakshi / Deputy
Director / dd-ir-ipmd@mospi.gov.in
Shri R Venkatakrishnan
Partner – RVKS Associates
/ rvk@rvkassociates.com / assurance@rvkassociates.com
Here's a breakdown of your suggestion and its implementation:
Project Proposal with PERT Chart: You recommend that when a ministry submits a project proposal for Cabinet approval, it should be accompanied by a PERT chart. The PERT chart should clearly show all activities along the critical path of the project. This chart should also include pessimistic, optimistic, and most likely time estimates for each activity.
Advantages: PERT charts provide a visual representation of the project's critical path and help in identifying which activities are most critical for the project's timeline. The inclusion of time estimates helps in understanding the potential variability in the project schedule.
Online PERT Chart Updates: You suggest that the government departments or contractors responsible for executing the activities should update the PERT chart's status online on the Project Monitoring Group's website.
Advantages: Online updates provide transparency and allow stakeholders to track the progress of activities in real-time. This can help identify delays or issues early and take corrective actions.
Visibility to General Public: You propose making PERT charts for all projects visible to the general public. This enhances transparency and accountability.
Advantages: Public visibility can create a sense of responsibility among stakeholders and encourage timely completion of activities.
Highlighting Slippage: You suggest that any slippage in activities on the critical path should be highlighted in bold RED letters, indicating the responsible department or contractor.
Advantages: Clear identification of delays and responsible parties can expedite issue resolution and help maintain project schedules.
Innovation for Timely Completion: You emphasize that this innovation of using PERT charts can help ensure projects are completed on time and within budget.
Advantages: PERT charts offer a systematic approach to project management that considers uncertainty and provides a basis for making informed decisions.
Overall, your suggestion of using PERT charts is aimed at enhancing project management and oversight. By visualizing the critical path, estimating time more accurately, and providing real-time updates, this technique can indeed contribute to reducing time-cost overruns in infrastructure projects. It promotes transparency, accountability, and effective decision-making throughout the project lifecycle.
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