Construction Management

Report III
ROLE OF A PROJECT MANAGER TO GUIDE AN INVESTOR
WANTING TO INVEST 3 MILLION DOLLORS IN A
CONSTRUCTION PROJECT IN INDIA

Pushkin Jain
A.P.J. School of Architecture & Planning
VIII Semester, IV Year

MARCH 5, 2007

ROLE OF A PROJECT MANAGER TO GUIDE AN

INVESTOR WANTING TO INVEST 3 MILLION DOLLORS
IN A CONSTRUCTION PROJECT IN INDIA

The Building Types or Usages in which the investor can invest the money are as
follows

HOTEL

HOSPITAL

MALL

HOUSING

HOTEL
A Hotel is a building type which comes under the Tourism Sector and thus
requires high maintenance facilities. The construction type of the Hotel is
generally modular type with the layouts of the rooms being variable according
to hierarchy.
If the running of the Hotel gives proper and profitable returns in time then this
type of a project the project manager can guide the investor and make him
aware of the project intricacies make it a profitable venture for him.

HOSPITAL
A Hospital is a building type which comes in the Health Care sector and thus
involves up to date facilities and equipments.
Proper care should be taken to make the goodwill of the Hospital by either
tying it with an existing chain of renowned Hospitals or launching the hospital
as a specialty hospital with all the latest facilities and equipments to match its
standard the existing ones.

It is here that the role of a project manager comes into picture as he is the
person who can make the investor aware of all the market trends and financial
monitoring involved.

MALL
A MALL is an entertainment zone which requires proper planning to commission
before and during its course of construction.
The financial returns from a Mall can be easily gained by selling or making one
part of the building sellable and functional to the buyers so as to raise funds
even before the construction starts or other zones are complete.
As soon as the plans are finalized the prospective buyers can be lured to buy
shops and other commercial areas in a Mall to make the liquidity or to raise
funds.
The project should preferably be in a prime location so that the value of the
Mall is also accordingly perceived.
Thus in this type of a project the investor has easy and early returns. For this
purpose proper marketing by a marketing agency or a well settled builder in
the market is required.

HOUSING
A HOUSING project is a Residential type of a project. It involves proper planning
in terms of management as due to the involvement of lot of legalities and bye
laws have to be taken care of.
The government provides subsidies for residential projects so the project
manager can make the investor aware and guide him to invest in such a
project type.
Though the restrictions due to many stringent rules make it difficult for the
investor to get easy and fast returns.

ROLES OF A PROJECT MANAGER IN DECISION MAKING

Planning, organizing, staffing, loading, scheduling and controlling are the basic
functions of management.
Each of these functions clearly involves decision making as to which plan to
implement what goals to achieve and what ways to use.

THE PROCESS OF PROJECT MANAGEMENT OF A PROJECT INVOLES FOLLOWING

STEPS

IDENTIFYThe first step involves the identification of the central problem of the
project

DEVELOP ALTERNATIVESThe second step involves the development of alternatives for a particular
problem

ANALYSE ALTERNATIVESThe third step is to analyse the different alternatives of a particular

problem analysing both positive as well as negative alternatives for the
same

MAKE FINAL DECISIONSThe fourth step is to make final decisions after analysing the alternatives
and before starting any particular work

THE ROLE OF A PROJECT MANAGER AT ALL LEVELS AND STAGES IN

A PROJECT IS TO

Define the work to be performed

Develop realistic schedule and cost estimates based on the resources

and times available to perform the work

Determining application of resources to achieve the best and reduced

time and cost schedules and technical performance objective

Identify areas which can create delays or cost overruns in time to permit
corrective

An organization to be setup consisting of various departments for the

smooth and proper execution of the project

Finalizing the budget of the investor and getting funds available for the
project

Finalizing the time of the completion and the time in which the investor
wants financial returns back from the investment

The preliminary land analysis is done which consists ofAVAILABILITY OF LAND

RATE OF THE AVAILABLE LAND
LAND USE OR THE BUILDING USAGE