In India, the way economic activities are moving in top gear; it calls for increased number of talented and highly skilled project management professionals to manage the development projects across various sectors of the economy such as roads, highways, ports, airports, rapid transportation, manufacturing hubs, and many more. Project Management Consultants also referred to as PMC are those professionals who are responsible for the planning, designing and management of each of the projects. They are involved in doing the feasibility studies, preparation of Detailed Project Report (DPR), tendering activities, work evaluation and many other tasks which may start from pre project to post project stage. The role of PMC is critical for the success and timely completion of any project. Sandeep Sharma takes a look at the PMC segment…
ROLE OF PMC PROFESSIONAL
Project management function is one of the most critical and vital for businesses across number of verticals. The PMC professional helps various industries to streamline their project planning and deliverables to achieve development goals. The success of the project management clearly reflects in the organisational profitability. Project management consultants help various organisations in segments like construction, infrastructure, financial, manufacturing, pharmaceutical, software, telecom, housing, transportation, biotech, etc.
PMC professional brings specialised knowledge and skills on board which assist companies to choose the best way forward towards achieving project goals in time. The PMC professionals not only prepare the project blueprint but are also involved in leading the execution team as per the plan. Daily tasks of these professionals can include managing budgets, resources, preparing, developing and executing task schedules, monitoring the outcome and ensuring timely completion of the projects. The PMC professional is involved in the entire life-cycle of the project. Some of his additional duties include identifying and managing project risk and recommending solutions for the same. The PMC professional task may involve preparing and estimation of project requirement, tendering, and facilitating meetings with different stakeholders of the project, building relationship and understanding between the client, vendors and human resource. The PMC professional is involved in data collection, tracking documentation, doing studies in the pre and post project phase, creating and making presentations about the project.
DEMAND & SUPPLY SCENARIO
According to PMI report: Project Management Job Growth and Talent Gap | 2017-2027, the gap is widening with every passing year between the availability of skilled Project Management professionals and the supply for the same. The opportunities in the Project Management sphere are growing by leaps and bounds not just in India and China but across the world. The shortage of talented project management professional is likely to pose a notable risk for organisations who are undertaking large projects and are on the verge of bringing in innovation and undertake development on a scale never thought of before. PMI estimates that by 2027, employers will need 87.7 million individuals working in project management oriented roles. If the availability of the PMC professionals is not boosted in time, there can be a talent gap which could result in a potential loss of some US$207.9 billion in GDP through 2027 for the 11 countries analyzed in the report.
NEED OF THE HOUR
The need of the hour is to set up an educational / training infrastructure to groom Project Management professionals on a larger scale so as to meet the growing requirement of the industries and sectors in India. The Government and Industries should collaborate to set up increase number of Project Management institutes offering technology based project management programs and trainings. Those who are in the learning process should be allowed internships by businesses so as to groom the new entrants and give them an opportunity to lead business projects.
The industries will have to provide competitive salaries, benefits and lucrative opportunities to retain highly effective and proven project managers. The project proponents or companies will have to develop internal and intensive project management training programs to help develop their own workforce in effective project management.
The PMC professionals must have specialised and variety of skills. As they have to deal with the diverse set of people and process, the technical knowledge, leadership and people management skills help them a lot to achieve the set goals. The diverse set of skills and competencies help them to manage projects effectively even when the execution team is spread across different geographies faced with varied local constraints and impediments. To communicate effectively across the entire chain of project management is one big challenge for the PMC professional. He needs to use both modern and conventional modes of communication to communicate project plan, goals and objectives, schedule and outcome in time. The successful PMC professionals are the ones who are equipped with good organizational skills, have an effective time management plan and boasts of a host of technical project management skills.
The PMC professionals in India are having plenty of opportunities on hand with the launch of Smart Cities project, Metro rail projects, High speed rail corridor project, move towards making India a global manufacturing hub with the launch of ‘Make in India’ programme, Bharatmala programme connecting critical road infrastructure across the country, Sagarmala programme focussing on upgrading and building port infrastructure and many more. The focus on creating more urban centres of development is providing plethora of opportunities for the PM professional in the construction, real-estate sector, retail, healthcare and hospitality sector. Some of these opportunities include:
THIRUVANANTHAPURAM SMART CITY PROJECT
IPE Global Ltd and Delhi-based Jones Lang LaSalle Incorporated (JLL) are appointed as consultants for the Thiruvananthapuram Smart City project. The consortium of IPE and JLL will be responsible for the planning, designing and management of each of the sub projects. The detailed project report preparation is targeted for all the projects within one year. Tendering process is expected to commence in February, 2019.
NBCC GETS PMC WORK FROM ODISHA
State-owned construction firm NBCC has recently bagged a project management consultancy work worth Rs 379 crore from the Rural Development Department, Government of Odisha. The work pertains to executing 168 roads and 6 bridges projects.
RIPARIAN WETLAND AND RIVERFRONT DEVELOPMENT PROJECT
Riparian Wetland and Riverfront Development Project (RWRDP) is coming up under the Patna smart city plan in the state of Bihar. The project is estimated to cost Rs 23 crore. The project would be developed from Bans Ghat to Patna Collectorate. As per media reports, the riverfront project entails development of a 6.6 km-long and 15 ft-wide walkway along 20 ghats in Patna. The amenities proposed include decorative street lamps, public lavatories, 500 seating benches and green cover. The situation analysis report has been recently completed by the Spanish firm Eptisa, which is the project management consultancy of the smart city plan. The PMC is likely to complete the detailed project report soon and this would be followed by commencement of tendering process. The project would be integrated with the Ganga riverfront development project implemented by Bihar Urban Infrastructure Development Corporation (BUIDCo).
AMC SEEKS PMC FOR ROAD WORKS
Ahmedabad Municipal Corporation (AMC) standing committee has recently passed a resolution to invite Expression of Interest (EOI) from nine consultants to monitor road construction and road resurfacing activities in the city of Ahmedabad. The plan is to appoint project management consultant for each of the six administrative zones of the AMC. The PMC professional will be responsible for monitoring the progress of road works, execution of job works, quality checks, taking road measurements and cross verification of the road works.
HILL INTERNATIONAL BAGS PMC CONTRACT IN INDIA
Hill International, the global leader in managing construction risk, has bagged two contracts with a total project value estimated at nearly $4 billion in the rail and metro sector in India. The first contract is from Rail Vikas Nigam Ltd (RVNL) to provide project management services for an effort that will double the 120 km (75 miles) of rail line in Varanasi in Uttar Pradesh, India. The second project entails providing Quality and Safety Audit Consultancy for the World Bank-funded Eastern Dedicated Freight Corridor, namely the Sahnewal-Khurja section and Khurja-Dadri link. Hill will be working in conjunction with the consortium of Italferr S.P.A and local consultant Vogue Construction and Consultancy Services for the related infrastructure for the 397 km Sahnewal-Khurja section and double line electrified railway track for the Khurja-Dadri link (approximately 46 km).
GSRTC APPOINTS NBCC TO SUPERVISE BUS TERMINAL PROJECTS
The State owned Gujarat State Road Transport Corporation (GSRTC) is implement the development of bus terminals in various cities like Rajkot, Patan, Modasa, Navsari, Amreli, Bhuj and Bharuch on DBFOT (design, build, finance, operate and transfer) basis. The estimated value of the project is around Rs 100 crore. GSRTC have already appointed concessionaires for the projects. GSRTC has recently appointed NBCC (India) Ltd, a Navratna Central Public Sector Enterprise (CPSE) under Ministry of Housing and Urban Affairs (MoHUA), as an Independent Engineer for the supervision of development of seven bus terminal facilities in Gujarat. The scope of services involves vetting of design, supervision of construction, periodic reviews as per project program and reporting to GSRTC as per concession agreements signed with concessionaires.
NMMC PLANS INTEGRATED BUS TERMINUS IN VASHI
NMMC has selected Knight Frank India Pvt Ltd as the project consultant to design and develop the proposed project of converting the existing bus depot located in sector 9 Vashi into an integrated bus terminus cum commercial complex. On sanctioning of the transport committee, the work order will be issued to the selected consortium. The project is estimated to cost Rs 140 crore. The terminus cum commercial complex would come up on an area measuring 10, 276 square metre. The scope of consultancy services include doing a market and feasibility study, providing architectural service, tendering, project management consulting and its implementation, maintenance and leasing assistance-transaction advisory services.
TAHAL GROUP IMPLEMENTING NUMBER OF WATER SECTOR PROJECTS IN INDIA
Israel-based Tahal Group has expertise in the field of waste water management, micro irrigation and infrastructure. The group is offering consultancy on a drinking water project in Jharkhand, drinking water pipeline project in Karnataka, lift irrigation project in MP, drinking water project in Bengaluru and gas pipeline project from Rajasthan to Panipat. Tahal group has recently offered to send a team of experts to Haryana soon to help find solutions to rehabilitation of 8,000 ponds in villages, waste water recycling and its use for irrigation after treatment.
BMC APPOINTS CONSULTANTS FOR MUMBAI COASTAL ROAD PROJECT
The Coastal Road project is a proposed 29.2-km freeway that would connect Marine Lines in the south Mumbai to Kandivali in the north. The estimated cost of the project is ₹150 billion. The Municipal Corporation of Greater Mumbai, also known as Brihanmumbai Municipal Corporation has recently approved the appointment of two project management consultants (PMCs). These consultants will work under the already-appointed general consultant. The consultants’ fee together would be Rs 120 crore for the project. A third PMC too is yet to be appointed. The phase-I of the project would connect Marine Lines to Worli at an estimated cost of Rs 7,500 crore.
USE CONSULTANCY TENDERS
The economic activities are planned and implemented at a frantic pace across multiple sectors and geographies. India is a hotbed of huge opportunities for the project management professionals. Hundreds of opportunities are getting queued up across different segments of the economy including water and waste management, roads and highways construction, real estate, industrial infrastructure, etc. The use of software technology and process automation can help the project management professional to effectively manage his deliverables in time. The opportunities are huge and bound to grow at a gigantic scale. The need of the hour for all the stakeholders is to boost the availability of the project management professionals by setting up institutions and conducting in-house training of the existing workforce. The demand-supply gap is likely to widen with every passing day and the gap needs to be bridged by timely action on this front. It’s a good time for not just the domestic PM professionals but global as well to make the most out of the current opportunities.