this is summary of guest lecture

1. Guest Lecture on Project Management
A guest lecture was delivered by Mr. Aditya Kumar, Solution Transformation Leader, Schneider Electric on 11 th Jan, 2013 at
IME Deptt. Mr. Aditya Kumar has immense experience in the Strategic planning field for projects on energy management.
At the outset, Mr. Kumar explained that a project is a venture undertaken to produce a product or service. Project management is
the discipline of planning, organizing, procuring and managing resources to bring about the successful completion of project by
the application of skills, knowledge, tools and techniques and meet the need and expectations of all the parties who are directly
and indirectly interested in the project. The main challenge lies with project management is to achieve the entire project goal and
objectives while honoring the preconceived project constraints. Typical constraints are scope, time, and budget. Secondary and
ambitious challenges are to optimize the allocation and integration of inputs necessary to meet pre-defined objectives.
Mr. Kumar explained the process of Strategic planning of project management into following steps:
Project initiation (Prepare charter , Identify interested parties)
Project planning and design (Specify quality, schedule, resource, communication and activities
Project execution (Perform all the planned activities)
Project monitoring and controlling (Ensure quality, cost and schedule)
Project completion (Closing and Review)
Mr. Kumar stressed the need of project management for Strategic planning. Various principles of project Management such as
BCG Matrix, drill down strategic direction to strategic initiative, running the initiative and driving the initiative by project
management officer were discussed in brief.
• Update • Start Feed Mr. Kumar told India operations of his company comprises of
back
17000+ people, 1000+ R&D people, 30000+ POS in India,
geographical presence across 21 cities in India. His company is No.1
Ideas Project in world and No.3 in India in Energy Management sector Discussing
modus operandi in Indian scenario for key Energy Management
projects, he said his company is consistently involve in bringing
more technology and efficiency in proper energy utilization in core
strategy Change sector .In energy projects they were able to brought changes of 30%
reduction on energy bills. Their company is more focused in
• Implement • Evaluate
penetrating in rural sector which has immense potential, to this
regard he quoted-“You need to have India for India offer”.
In conclusion, Mr. Kumar highlighted that successful completion of project requires:
Good coordination among the groups in project team
Good synchronization between-project manager and the team members as well as project manager and the
stakeholders.
“Double your top line , Reduce your workforce”
Some projects can create to investigate an issue
Failure happens – Lear from failure.
Leveraging project Management in strategy, planning and deployment.
Mr. Kumar made a lively presentation on the subject and retained the attention of the students by giving live examples, the best
one being evaluation of energy efficiency of Airtel India. To sum up the guest lecture was quite enjoyed and liked by students
and faculty of IME Deptt.
Manoj Jhawar
MBA, IME