Custom Solutions, Endless Possibilities for Startups and Enterprises
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These projections are based on planning and strategies devised by the management of the company based on which the Sanction was done.
Corporates have gone Global while our banks are not working on the loan documentation only.
These global Corporates have global businesses and subsidiaries, does cross selling take multiple loans from global banks worldwide. PSB primarily are not networked globally and unable to catch the complete tree, This unable to connect globally, ends up in giving loans to these houses based on local documentation.
Things go fine for 6-10 years covering the term of two-three CMD and more the one govt. and then laundering starts. Also business and market scenario contributes. we do not know what will be the global market scenario of telecom, reality 10 years down the line. Indian banks has already given more than 75k crs in telecom sector. If Airtel business overseas fails, India will suffer. It is here corporates play and become willful defaulter.
Can any bank stop giving loans to Tatas, no way. But if Corus fails Tata Nano will get impacted. This link banks are unable to catch, a chain and NPA grows.
How do you predict the behavior of Mukesh Ambani son 10 years later. He can make a loan bad after 12 years as most if them are long term debt. The present board constitution will also cease to exist.
on time,
within budget,
according to the client’s specifications,
at a quality level that meets or exceeds expectations.
Project management methodology provides project team members with a systematic way to plan and manage their projects.
However, each project environment is unique, as such, the methodology is always intended to be flexible and it should be continuously evaluated, improved and enhanced.
Control scope creep and manage change;
Deliver project results on time and on budget;
Focus the project team on the solution;
Obtain project buy-in from disparate groups;
Define the critical path to optimally complete your project;
Provide a process for estimating project resources, time, and costs;
Communicate project progress, risks, and changes;
Surface and explore project assumptions;
Prepare for unexpected project issues; and
Document, transfer, and apply lessons learned from your projects.
✔ Follow proven implementation methodology
✔ Manage project to assure defined goals and benefits
✔ Early development of project standards
✔ Project planning and management
✔ Regular status meetings and reporting
✔ Keep Steering Committee engaged
✔ Effective Issues Management and Escalation
✔ Proactively identify and manage risks
⨠ Issue Management
⨠ Scope Management
⨠ Testing Processes
⨠ Quality Assurance
⨠ Risk Management
⨠ Weekly Project Status
⨠ Steering Committee Meeting
Issue Management : An issue is defined as any point impacting the solution delivery that requires cross-group formal involvement and an policy or business rule decision. Managing issues is an essential responsibility of project management and is fundamental to the success of project implementation. Issues will be documented and tracked using the Issue management form.
Three key elements determine how issues will be handled during the resolution process:
Priority (High, Medium and Low) is defined as the impact to the project cost or schedule should the issue go unresolved.
Criticality (High, Medium and Low) indicates the time sensitivity of getting a resolution; high criticality issues must be resolved within 48 hours or less.
Level (Team, Project and Steering Committee) defines the highest level of management that will need to be engaged to facilitate a resolution.
Scope Management : During the course of the project, requests for additional process or system functionality will occur. Changes may have an impact on scope and thus may effect project duration, resources required and project costs. A formal scope management process will be used to document change requests, to present them for formal written approval, and to manage the requests. All requests are documented and tracked on a change request form.
Risk Management : In complex projects, a degree of uncertainty exists that creates both risks and opportunities. Capturing the opportunities and mitigating the risks are the primary goals of the project management team. Our project management methodology is proactive in identifying potential risks and ensuring the appropriate mitigating actions are taken before the cost, schedule and quality of deliverables are impacted. Risk is identified as anything that threatens the achievement of project objectives.
Unit Testing
Integration Testing
Performance Testing
User Acceptance Testing
Technical Infrastructure Testing
Weekly Project Status : Status will be tracked against WBS task level on a weekly basis, through update of the project work plan and preparation of team and project-level status reports. Weekly project review meetings are held with the management team to review progress-to-date, resolve cross-team issues and address project procedural and policy decisions as they may be required.
Steering Committee : Steering Committee meetings will be held monthly and at critical points as needed during the project to facilitate resolution of major issues. The Steering Committee will conduct end of phase reviews and acknowledge readiness to proceed to the next phase of work.
Enterprise Project Monitoring System is a exhaustive Project Monitoring system which will facilitate the customer to validate the vendor’s Project Schedules and timelines, quantitatively.
It uses comprehensive CMMI Level 5 approach to quantitatively manage the project. The EPMS is developed based on practical experience gained from performing concurrent, multi-baseline system development in both commercial development and in government contracting roles.
Metrics information is collected from the vendor and is reviewed regularly by customer.
Root causal analysis procedures, combined with system monitoring tools used in fault identification and diagnosis are used to address and prevent future occurrences of problems encountered during development and in the operational environment.
Project Sponsor
Project Purpose or Justification
Project Scope
Project Objectives and Success Criteria
Assumptions and Constraints
High-level Schedule and Budget
Stakeholder list
Project Manager Name
Vendor Organization Goals
Project Goals
Estimation Techniques
Matrices used by the Vendor Organization
Process Performance Baselines of the Vendor Organization
Process Performance Model of the Vendor Organization
Communication management plan
Cost management plan
Process improvement plan
Procurement management plan
Project scope management plan
Quality management plan
Risk management plan
Schedule management plan
Staffing management plan
Scope Baseline
WBS
WBS Dictionary
Scope Baseline
WBS
Activity List
Milestone List
Project Schedule(Schedule Baseline)
Activity Resource Requirements
Activity Duration Estimates
Budget(Cost Baseline)
Risk Register
EPM will take inputs from the vendors during the execution phase. This data will be used to produce status reports which will show the health of the project in terms of Cost, Schedule and Time.
If the project is not moving in right direction the client can ask for the measures which the vendor will take to correct.
These actions can then be validated , statistically, using “What if Analyses” and other techniques.
EPM will take inputs from the vendors during the closing phase. This data on Project success and lessons learnt during the Project Execution, will help the client organization is selection process for future projects.
Lessons learnt will help the client organization in avoiding the mistakes made during the execution of past projects.
on time,
within budget,
according to the client’s specifications,
at a quality level that meets or exceeds expectations.
Highly visual design experience
Rich metadata-driven interactivity
Presentation-ready at all times
Defined from within operational or ad-hoc reports
Intuitive Alert rules
Self-managed Alerts
XLS/Word 2007/2010
Built-in scale-out for RS Service Apps
Cross-farm reporting
Integrated backup & recovery, ULS logging, PowerShell etc.
