21st July '12

A Public Seminar on:
Project Cost Management

About The Programme
Executing any endeavour requires costs to be
incurred, and so it is with projects. The costs in a
project can result from manpower resources and
other resources and consumables that are required to
execute the project. Given that a project is . . . a
temporary endeavour, with a defined start and a
defined finish . . , superimposed upon which are
various constraints like local conditions, seasonal
impact on manpowerr etc, it becomes very important
to identify various contributors to cost, and
quantifying the costs, based on which appropriate
management actions are required to be drawn up to
ensure that the costs are kept within estimates to the
extent possible; the better
etter the compliance, the better
the profitability of the project.
Stakeholders measure projects by how well they are
executed within the project constraints or baselines.
Schedule and cost (budget) are two of the major legs
of the project constraint poly
polygon. Without the
schedule and budget baselines plans, one does not
know where the project stands relative to planned
schedule progress or planned budget performance.
In a perfect world, everything functions as it should.
In the real world of project control, the tale is often
less than perfect with numerous obstacles and
disappointments.
Experienced project cost professionals know what
should be done to manage and control costs

successfully, why there is a gap between cost
management theory and actual practice, and
the measure that can be taken to eliminate or
at least minimise negative impacts.
Cost engineering and quantity surveying
encompass a broad variety of cost
management functions focused on providing
independent, objective, accurate and
an reliable
capital and operating cost assessments usable
for investment funding and project control.
The International Cost Engineering Council
(ICEC) has issued a White Paper outlining
the similar and highly overlapping functions
of cost engineering and quantity
quantity surveying,
including a comprehensive list of typical cost
functions, which provides guidance to
owners, financiers and contractors.
Project control is a key factor in ensuring
that business and project objectives are
achieved through the provision of accurate
and efficient information to support informed
decision making. Management is dependent
on timely project control status and forecast
information and recommendations to develop
and implement timely and effective
mitigation.
Project Cost Management

M
21st July 2012. (Saturday)
At
Radisson Blue, Gurgaon
REGISTRATION FEES
Fees: Rs. 9,000+tax
9
(Presently 12.36%)per person
Overview of the programme

content
Duration: 1 Day
1. Importance of Cost and its
Management in a Project
2. Project Cost Management
Processes Overview
(a) Resource Planning
(b) Cost Estimation
(c) Cost Budgeting
(d) Cost Control
3. Financial Considerations
Overview
(a) Types of costs in projects:
Sunk, Variable, Fixed, Direct,
Indirect, Opportunity,
Depreciations
(b) Returns: ROI, PV, NPV, IRR,
Payback Period, Cost-Benefit
Ratio
4. Group Work
Faculty:
Debashish Bhattacharyya
28+ years of rich experience in Manufacturing and
Information Technology. Has experience in managing large,
multi-skilled projects and programs of more than 1000 man
months, involving Business Process Re-engineering, IT
Strategy and Architecture development, Enterprise Level
Application Software development, and SAP Implementation.
Was responsible for establishing the SAP Consulting Practice for Siemens in
North India. Has consulted organisations like Hero Honda, Hero Cycles, ONGC,
ACC, Duncans Fertilisers, Employees Provident Fund Organisation to name a
few. Was involved in various strategic initiatives in Siemens Information Systems
Ltd; like heading the SAP Training Division, restructuring of Professional
Services, and managing the Public Sector vertical practice.
As Head of Consulting for IFS India, has worked with organisations like
APTRANSCO, NHPC and HAL, and many organisations in the mid-tier SME
sector, and helped in recovery of projects in trouble.
During his stint with BHEL, has been an active participant in induction of the 500
MW Turbo-generator technology; having devised the manufacturing technology
on CNC Machines for blades, governing components, turbine casings and rotors,
and generator casings. While at Escorts, headed the CNC Engg function, which
entailed providing support to the CNC Machines in the shop floor and managing
the CAD/CAM centre for Manufacturing Engineering.
Has been a keen trainer since the start of his career. Has trained people on CNC
Machines, Project Management, and Communication / Soft Skills.
Faculty:
Dev Baul
A diverse track record, spanning over two decades of leadership experience in establishing, mentoring and
nurturing mature organizations in multiple business domains that have delivered innovative products and
services aligned to the evolving needs of global markets and customers. An accomplished trainer in PPC,
Project Management, Lean Manufacturing, Kaisen, etc.
Strong background and progressively increasing responsibility and expertise in Strategy development and
implementation, decision making, policy establishment, organization development, Quality initiatives, process
improvement, and customer services.
Business Process transformation, Internationally in US, UK, Middle East, Japan, Australia and India . Managed clients like
Telstra(Australia), Cables & Wireless Optus(Australia), Fujitsu (Japan), Zain ( Middle East), STC ( Bahrain), Aramco (Saudi Arabia),
British Telecom (UK and US) Approach has been process driven and have had hands on experience in the implementation SEI CMM
processes and ISO9001 certification .
Was an important member of the leadership teams of successful ISO9001 certification initiatives with two of my previous employers
Network Ltd and Mode Olivetti Ltd . Member of the leadership team of the Capability Maturity improvement initiative at Network
Programs the organisation was assessed at CMM level 5 .
Has designed, developed & implemented PPC strategies in Network, Modi Olivetti, LG, Samsung, et al. Also formally trained in and
active practitioner of formal Project Management ( Prince2, PMP). Managed Product development of multiple products across LOB's
from concept to market launch Business process modelling, data modelling and mapping of business processes.
SOME OF OUR CLIENTS ARE:
For registration to participate in this programme please:

1. Email the following information to
info@vrikshconsulting.com
a) Organisation Name:
b)Participants name, age and designation.
c) Payment details (Cheque/DD No., date, bank and
branch)
2. Mail the Cheque/DD along with the print out of the
above email to:
Vriksh Consulting
J-1925, Ground Floor, Chittaranjan Park
New Delhi- 110019
For further assistance please contact:
Srishti: 9891169728
Mr. Gupta: 9891225186
Mr. Rahul: 9560090847
Shushmita: 011-26274984, 26275511
To Know more about Vriksh Consulting and its services visit our
web site or write us:
Mail us at: info@vrikshconsulting.com
Visit our website: www.vrikshconsuting.com
Early Bird Discount:

Book your seat before
30th June 12 and get
5% discount.
Multiple nominations Discount: Book 5

seats and get 10% discount
Or
Book 5 seats for the entire seminar
calendar till December 12 and get 25%
discount on the total bill amount.
Cancellation Terms:
1. Up to 20 days before 100% refund.
2. Up to 10 days before 50% refund.
3. Less than 10 days before no refund.

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21st July '12

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A Public Seminar on:

Project Cost Management

should be done to manage and control costs

Project Cost Management

Overview of the programme

For registration to participate in this programme please:

Early Bird Discount:

Multiple nominations Discount: Book 5

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