2%-5% of Cost (20 Lakh - 50 Lakh for 10 Crore Project) is spent on Project Monitoring and in most of the cases it works without Plan in Hand
Opportunity Cost 1.8 Crore is lost in case of 1 Year Delay for an avg Project of Size 10 Crore.As per various studies project finishes in double time than what is required if there is no plan.
5% cost easily overshoot on idling, claims because of no integrated Plans on Project.
Almost 10% of Project Duration of Monitoring team is spent in ensuring compliance with unorganized review
Business Onwers need to generate 10 Crore of Additional Sales for cost variation of 1 Crore in Project
Founded by IIT Delhi graduates, Manomav Engineers Private Limited (MEPL) provides world-class consultancy and project management services to top construction companies in India and International market. With specialized experience in the construction industry for many years, MEPL has carved a niche for itself in the construction project management services.
Visit us at : Manomav Engineers Pvt Ltd
FF-6, Mark Mall, Sector 4B, Vasundhara,
Ghaziabad, Uttar Pradesh 201012
Tel. No. +91-120-4356006