The share of Indian economy in the world (measured as a ratio of India’s GDP to world’s GDP at current US$) has increased from 2.6 percent in 2014 to 3.2 percent in 2017 (as per World Development Indicators database). The average share of the Indian economy globally was 1.8 per cent between 1960 to 2013. The average growth of the Indian economy during 2014-15 to 2017-18 was 7.3 per cent, fastest among the major economies in the world. The Indian economy is getting transformed with increased focus on building the infrastructure, be it roads, ports, airports, etc. The government is gearing up and trying to fast track development of various sectors, remove bottlenecks in the ongoing projects, so as to create an enabling environment for the various industries to thrive. Sandeep Sharma takes a look at the growing opportunities for the Project Management Consultants in India….
With the spurt in the construction and infrastructure activities across the country, there is a growing need to manage such projects effectively and in time. The project success in case of large and complex projects depends very much on how they are managed. The management of these contracts is one of the core and essential element for construction and infrastructure projects. The Project Management Consultants are the experts appointed to manage large construction and infrastructure projects. Project Management Consultants (PMC) play a pivotal role in the execution of a project right from its inception till the completion of the project. The PMC’s role is critical at every stage of project life cycle, so as to ensure the objectives and requirements of the project proponent is met. The use of Project Management Consultancy (PMC) offers one of the most effective management solutions to increase and improve the efficiency and outcome of a project in construction.
Project Management Consultants need to have a well organised approach. Their domain expertise, knowledge and skillset can go a long way in ensuring minimum cost escalation and timely completion of the project. The PMC has to undertake the comprehensive supervision, frequent inspection and monitor the commissioned project. The PMC’s often face the challenge pertaining to the project design, construction related issues, coordination between all the stakeholders, engineering & safety issues. Project Management Consultant has to provide on-time, on-budget solutions through various staffing models, optimise the supply chain, ensure accurate asset mapping and the overall success of the project.
To ensure smooth project management and delivery, the PMC has to adopt or conduct:
The effectiveness of the Project Management Consultancy is realised when it is involved in the Total Project Life Cycle from Conception to Completion. The PMC should have the knowledge of the processes involved, find ways and means to manage time, cost, and associated project risk.
A well organised PMC can help the project owner to effectively reduce technical risks, prevent construction errors, control budgets and effectively keep the project rolling as per the schedule. The services of PMC is sought by construction companies, infrastructure developers, public sector institutions, private sector investors, real estate owners, insurers, etc. The PMC can enable the project owner to comply with all relevant regulations and standards.
Some of the public sector and private sector companies active in the project management consultancy space includes:
NBCC (INDIA) LTD
NBCC (India) Ltd, is a Government of India Navratna Enterprise. With operations spreading across India & Overseas, the Company is organized into three market focused segments : PMC (Project Management Consultancy), EPC (Engineering Procurement & Construction) & RE (Real Estate). The Central Public Sector Enterprise provides Project Management Services, which accounts for 88% of Company's total revenue, primarily involve overseeing the implementation of Engineering projects from its very Conceptualization to its eventual Commissioning, ensuring overall compliance with the Clients scope of work. The diversified management and consultancy services for a range of Civil Construction Projects includes Residential and Commercial Complexes, Re-development of Colonies, Hospitals, Educational Institutions, Infrastructure Works for Security Personnel, Border Fencing as well as Infrastructure Projects such as Roads, Water Supply Systems, Storm Water Drainage Systems, Water Storage Solutions and Solid Waste Management Schemes all over India.
RITES CP division renders Consultancy and Project Management Services for Institutional Buildings / Universities / Colleges, Infrastructural Projects, Residential Buildings/Colonies, Hospitals, Office Complexes, Inland Container Depots, Bus terminals, Quality assurance & third party inspection etc. As part of the Project Management Consultancy services, the public sector company undertakes the following:
CBRE’S Project Management business partners with clients to deliver projects from “concept to completion” by employing cost efficient, industry leading processes to optimize projects, minimize risks and create value. The service portfolio is diverse with the team being experienced in delivering projects covering almost every aspect of the real estate segment - including commercial buildings, corporate greenfield campuses, built-to-suit facilities, residential developments, retail developments, research and development facilities, critical facilities, hospitals and other medical facilities, integrated townships, educational and institutional facilities.
DHRUV CONSULTANCY SERVICES
Mumbai-based company undertakes a systematic approach for reviewing drawings, geotechnical & hydrological investigations, characteristics of materials, topographical surveys and safety professional recommendations along with reviewing quality assurance plan, proposed methodology for work execution and finishes off the project by issuing work completion certificate. Delivering management efficiency and competency since 2003 in 11 Indian states, Dhruv has carved a niche by offering PMC, independent engineering and authority engineering services for construction supervision, operation and maintenance.
Fidesto has developed trust among its clients, and takes over the project from conceptualization to design development stages to whole developments through the active participation of competent & well qualified design and execution team. Banking on their experience, Fidesto not only implements its ‘Standard Operating Procedures’ (to ensure Design Coordination, Quality, Safety, Progress, HSE, Cost Management and much more), but also forecast upcoming hurdles, and suggest & act with necessary solutions to safeguard the project.
HOWE ENGINEERING PROJECTS
Howe Engineering Projects is known for its end-to-end servicing since 1966, Howe has successfully assimilated consultancy, feasibility, engineering procurement construction (EPC) and maintenance services in a single portfolio covering ports, railways, oil & gas, dredging, reclamation, SEZ, warehouses, Capex studies, large commercial liquid terminals and life assessment of port equipment.
REPL is a company set up in 1992 for the professional practice of urban planning, architecture, civic infrastructural planning, structural design, building services and project management and now has the reputation of being one of the leading consultancy companies of India. At the same time REPL has maintained a high level of technical and professional competence and has acquired the status of ISO 9001:2008 Certification.
SMART CITIES OPPORTUNITY
The demand for Project Management Consultancy services is on the rise in India. As part of the Smart Cities Mission, the Government of India has identified 100 cities through two level challenge process to be developed as Smart Cities. The government is successful in forming the SPVs for all the cities and have appointed the Project Management Consultants to take the projects forward and ensure that the work began soon. The SPVs have started functioning, detailed project reports (DPRs) have been prepared, tenders are issued, and many of the projects have even commenced the ground work. The work tenders for nearly Rs 1,33,000 crore were issued, and projects worth Rs 87,000 crore have either commenced / are about to commence the construction activities.
PCMC PLANS ROAD ASPHALTING WORKS
The Pimpri Chinchwad civic body has proposed asphalting of roads at Borhadewadi, Khiridiwasti, Aaherwadi, Aalhatwasti and Vinayaknagar in Dighi. The project will take 1 1/2 years to complete at a cost Rs 1.1 crore. Tenders are currently called in this regard.
PMC SERVICES FOR PEB SHED
Rail Vikas Nigam Ltd has invited bids for Project management consultancy services for Construction of PEB shed, structures, water supply arrangement, drainage, sewerage, road works, track works, power supply and general electrical works, OHE works, signal & telecommunication works and supply, installation and commissioning of machinery & plant in connection with infrastructure development of Jheel siding coaching depot at Howrah, West Bengal (India) and setting up of 15 coach inspection bay maintenance facility of EMU car shed at Ranaghat, West Bengal.
PMC SERVICES FOR TRACTION SUBSTATIONS
Rail Vikas Nigam Ltd has invited bids for Project Management Consultancy services for Design, Supply, Erection, Testing & Commissioning of 25 KV, AC, 50 Hz, Single Phase, Traction High Rise Over Head Equipment, Traction Substations, Switching Stations, SCADA and other associated works, Civil Engineering works i.e. Service Buildings, quarters, Tower car siding, sheds, electrical general services works and Signal & Telecommunication works for Railway Electrification of Palanpur (Excl.) - Samakhiyali (Excl.) Double line section (248 RKM / 605TKM) of Ahmedabad Division of Western Railway in the state of Gujarat, India ”in 3 (three ) Packages (Package-1 /Palanpur(excl) – Mitha (incl) section, Package 2/Mitha(excl) – Santalpur(incl) section & Package 3/ Santalpur (excl) - Samakhiyali (excl) section).
PMC FOR RAILWAY ELECTRIFICATION OF RAEBARELI-UNCHAHAR
Rail Vikas Nigam Ltd has invited bids for Project Management Consultancy Service for Railway Electrification of Raebareli–Unchahar including Dalmau–Daryapur Section (63RKM / 70TKM) – 25 KV OHE Works, Traction substations, General Electrification, Civil engineering works (including service buildings, Quarters and track works), Signaling and Telecommunication works in Lucknow Division of Northern Railway, India.
PMC FOR CONSTRUCTION OF BRIDGES
Rail Vikas Nigam Ltd has invited bids for Project Management Consultancy for Construction of Road bed, Important Major and Minor Bridges, RUBs, Platforms, Buildings, Supply of Ballast, Supply and Installation of track(excluding supply of rails and track sleepers), Provision of OHE, Signaling and Telecommunication works from Mau (Excluding) Km 0.00 to Azamgarh (Including) Km 43.50 Total 43.50 Kms Package-A, and Azamgarh (Excluding) Km 43.50 to Shahganj (Including) Km 99.75 Total 56.25 Km Package-B, in connection with Mau-Shahganj 2nd line Project in the state of Uttar Pradesh.
Rail Vikas Nigam Ltd has invited bids for Project Management Consultancy for the construction of 24X76.20 M Span important Bridge & Viaduct of 36X32.6 M at both the approaches of Rail Bridge over River Ganga at Allahabad between Jhusi and Daraganj station of NER in the state of Uttar Pradesh.
CONSULTANCY SERVICES FOR BYPASS ROAD OF GWALIOR
The National Highways Authority of India (NHAI) has been constituted through an Act of Parliament for faster, economical and quality Road Construction work throughout India. The National Highways Authority of India (NHAI) has been entrusted with the assignment of Consultancy Services for Preparation of DPR for construction of Bypass on Western side of Gwalior city in the State of Madhya Pradesh. NHAI now invites proposal from Technical consultants for carrying out detailed project report. Tender submission is targeted by 28th May 2019.
AUTHORITY ENGINEER FOR HIGH LEVEL RCC BRIDGE CONSTRUCTION
The Government of India, Ministry of Road Transport and Highways through Public Work Department, National Highways, Government of Rajasthan has invited request for proposal from consultants for engaging authority's engineer (AE) for construction of high level RCC major bridge at km. 89 (Aklera) on Parwan along with approaches and other structure on nh-752 Baran-Aklera road in the state of Rajasthan. The project is estimated to cost Rs 50.50 crore. The completion is targeted in 18 months. The tender submission is targeted by 9th May, 2019.
PMC SERVICES FOR DPR PREPARATION PERTAINING TO PAVAGADA SOLAR PARK
The Karnataka Solar Power Development Corporation Ltd, has currently invited requests for proposal for civil work comprising project management consultancy (PMC) services for the preparation of a detailed project report, along with the design, construction supervision and contract administration of various buildings, structures, landscaping, water supply, sanitary arrangements and other allied civil works for the 2,000 MW Pavagada Solar Park in the state.
The Project Management Consultancy services is growing steadily largely due to the improved investment climate in the country, increased government focus on infrastructure development, project proponents realising the need and importance of PMC’s in large projects, technological enhancement and automation playing a big role in the project execution, increased capabilities in areas like IT, management, civil engineering, tele-communication, petrochemicals, power and metallurgy. The PMC services segment holds immense potential considering the increased number of roads, airports, ports, solar, construction and real estate project activities initiated by the government across the country. As per the Ministry of Commerce & Industry communiqué issued in December 2018, the government is creating an action-oriented plan which will highlight specific sector level interventions to bolster India’s march towards becoming a USD 5 trillion economy before 2025. The focused plans will be on boosting services sector contribution to USD 3 trillion, manufacturing to USD 1 trillion and Agriculture to USD 1 trillion. The Ministry has created a corpus of USD 1 billion to boost 12 champion sectors in services and New Industrial Policy is formulated keeping in mind the demands of the future. Further all efforts of both the Department of Commerce and Department of Industrial Policy and Promotion have been towards achieving the goal of India becoming USD 5 trillion economy. All this calls for huge opportunities for the infrastructure developers and the Project Management Consultancy providers.