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1Company Proprietary and Confidential
Submitted By
A13559014057 –E.Naveen Kumar
A13559014059- Muhsin
A13559014066- Miti
A13559014069 - Akshit
MBA CPM & CE-QS (B) (1)
2Company Proprietary and Confidential
OBJECTIV
ES
OBJECTIVE 1
Study of The Project
4Company Proprietary and Confidential
INTRODUCTION
• F1- the fastest sport in the world with the most diversified fan following
• F1 India –huge fan following because of Ferrari Michael Schumacher
&more recently, force India
• In September 2007, it was finally announced that India all set to have a own
grand prix
•Buddh international circuit, which hosted India's 1st F1 grand prix on 30th
October 2011, and it has been awarded the ‘motorsport facility of the year-
2011' award at the professional motorsport world expo 2011.
5Company Proprietary and Confidential
ABOUT BUDDH INTERNATIONAL CIRCUIT
• Buddh international circuit Located 40 km away from New Delhi, in
Greater Noida,
• It is one the iconic project developed by Jaypee Group in Jaypee
Sports City.
6Company Proprietary and Confidential
LAYOUT
7Company Proprietary and Confidential
AERIAL VIEW
8Company Proprietary and Confidential
Buddh Circuit has been designed by world-renowned German
architect and race track designer Hermann Tilke, who has also
designed other world-class race circuits in Malaysia, Bahrain, China,
Turkey, Indonesia, the UAE, South Africa, South Korea and the US.
Buddh International circuit has been designed as one of the fastest,
most exciting motor racing circuits in the world
9Company Proprietary and Confidential
ABOUT TRACK
Circuit length- 5.14 km
Total seating capacity- 200,000 .
Turns: 16
Width of the track: between 14m – 20m
Number of pit garages- 41
Race direction- clockwise direction
Speed – 210 km/hr and 320km/h for an F1 car
Highest elevation – 14 meters
The circuit is spread over 874 acres
10Company Proprietary and Confidential
Core 350 hectares : Sports Infrastructure like race
tracks,cricket stadium,sports complex etc.
Non Core 650 hectares: Residential, Commercial,
Schools, Colleges, office spaces etc
LAND
12Company Proprietary and Confidential
FARMERS
• Land was acquired from farmers for the
development.
• Farmers YEIDA JPSI.
• Zoned as SDZ (Special Development Zone)
LAND POOLING
13Company Proprietary and Confidential
• Its taken 2 years to complete the project & started on
30th October 2011
• 5 years license issued with extendable 5 more years.
• Construction cost is 10 billion.
• 10% escalation every year.
TIME & MONEY
OBJECTIVE 2
ABOUT STAKEHOLDER
STAKEHOLDERS IN THE PROJECT
INTERNAL STAKEHOLDERS
Jaypee group - Owner of the project.
Formula 1 - Governing body of the
motorsports
Oriental Structure Engineers Ltd. -Track
lying out
Federation of Motor Sports Club of India-
Governing body of Indian motorsports
Hermann Tilke-Chief architect
 Ace Insurance Brokers-Insurance cover
Shapoorji & Pallonji-Main grand stand and
pit stop,
Jmc projects pvt ltd.- Build main team
buildings and other structure
Firepro -Fire fighting
Sterling and Wilson -Generator backup,
Sponsors- Airtel
Geodiasic- Roofing Services
Design cell pvt- Landscaping
Siemens -TV screens, external lighting
EXTERNAL STAKEHOLDERS
 Audience-Stakewatcher
 Farmers-Land belonged to them
District Magistrate-Noise clearance, safety,
environment, resolving issues with farmers, plan
approval
 Yamuna Expressway Industrial
Development Area- Developing expressway as
a commercially important corridor
 Uttar Pradesh Govt-To earn revenue from
huge tax, to encourage such prestigious project
in their state, boost to local tourism economy
 KELME-Official supplier and licensed
merchandise partner
 Media-Information to general public
 Mccans- Advertising
 Puma-Official merchandise partner
 Sports Authority Of India-Permission to the
F1 governing body.
POWER INTEREST GRID PHASE -1 AND PHASE -2
STAKEHOLDERS IN THE PROJECT
POWER INTEREST
24
24
farmers
investment of Rs 1,960 crore was made to build the circuit on 874 acres of barren land
which originally belonged to farmers. According to Thelka the land was acquired for Rs
800 per sq m from farmers who used to grow three different types of crops every year.
Land from 10 to 12 villages in greater Noida was acquired by the state government for
industrial purposes using section 17 of land acquisition act of 1984.
Organizers Faced 200 Crore INR Notice
The Enforcement Directorate issued an estimated Rs 200 Cr notice for violation of
foreign exchange rules. The notice was issued under the Foreign Exchange
Management Act of 1999,The notices alleges contravention of forex in the preparation of
the F1 race and is pegged at close to Rs 200 crore
Supreme Court Notice
Supreme Court had issued a notice to the state government for waiving entertainment
and luxury tax for the Formula One. The notice was carried out due to a PIL which was
filled.
Hosting Rights
F1 has taken away the hosting rights from India for the year 2014 and 2015 due to
heavy taxes and duties imposed by the government.
RISKS
OBJECTIVE 3
stakeholders analysis
Stakeholder Analysis
24Company Proprietary and Confidential
Collaboration and Conflict
Matrix
25Company Proprietary and Confidential
Profile Cards of Important
Stakeholders
27Company Proprietary and Confidential
28Company Proprietary and Confidential
29Company Proprietary and Confidential
30Company Proprietary and Confidential
31Company Proprietary and Confidential
32Company Proprietary and Confidential
Venn Diagram Showing CLIP Descriptors
L
Concerned
I
Marginal
P
Dormant
PL
Influential
PI
Forcef
ul
PIL
IL
Vulnerab
le
34Company Proprietary and Confidential
Strategic Engagement Plan
OBJECTIVE 4
LEARNING
36Company Proprietary and Confidential
LEARNING
1) Learned about the diversity of a construction project
2) Various stakeholders involved and their role at different stages in a
project
3) How to handle and foresee the risks in a project
4) How those risks can negatively impact the project if not dealt with them
before the actual construction
5) How to identify the stakeholders and categorize them
6) How to successfully plan the strategic engagement plan
7) The importance of keeping the stakeholders involved, to avoid
communication gap.
37Company Proprietary and Confidential
38Company Proprietary and Confidential

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STAKEHOLDER MANAGEMENT

  • 1. 1Company Proprietary and Confidential Submitted By A13559014057 –E.Naveen Kumar A13559014059- Muhsin A13559014066- Miti A13559014069 - Akshit MBA CPM & CE-QS (B) (1)
  • 2. 2Company Proprietary and Confidential OBJECTIV ES
  • 3. OBJECTIVE 1 Study of The Project
  • 4. 4Company Proprietary and Confidential INTRODUCTION • F1- the fastest sport in the world with the most diversified fan following • F1 India –huge fan following because of Ferrari Michael Schumacher &more recently, force India • In September 2007, it was finally announced that India all set to have a own grand prix •Buddh international circuit, which hosted India's 1st F1 grand prix on 30th October 2011, and it has been awarded the ‘motorsport facility of the year- 2011' award at the professional motorsport world expo 2011.
  • 5. 5Company Proprietary and Confidential ABOUT BUDDH INTERNATIONAL CIRCUIT • Buddh international circuit Located 40 km away from New Delhi, in Greater Noida, • It is one the iconic project developed by Jaypee Group in Jaypee Sports City.
  • 6. 6Company Proprietary and Confidential LAYOUT
  • 7. 7Company Proprietary and Confidential AERIAL VIEW
  • 8. 8Company Proprietary and Confidential Buddh Circuit has been designed by world-renowned German architect and race track designer Hermann Tilke, who has also designed other world-class race circuits in Malaysia, Bahrain, China, Turkey, Indonesia, the UAE, South Africa, South Korea and the US. Buddh International circuit has been designed as one of the fastest, most exciting motor racing circuits in the world
  • 9. 9Company Proprietary and Confidential ABOUT TRACK Circuit length- 5.14 km Total seating capacity- 200,000 . Turns: 16 Width of the track: between 14m – 20m Number of pit garages- 41 Race direction- clockwise direction Speed – 210 km/hr and 320km/h for an F1 car Highest elevation – 14 meters The circuit is spread over 874 acres
  • 11. Core 350 hectares : Sports Infrastructure like race tracks,cricket stadium,sports complex etc. Non Core 650 hectares: Residential, Commercial, Schools, Colleges, office spaces etc LAND
  • 12. 12Company Proprietary and Confidential FARMERS • Land was acquired from farmers for the development. • Farmers YEIDA JPSI. • Zoned as SDZ (Special Development Zone) LAND POOLING
  • 13. 13Company Proprietary and Confidential • Its taken 2 years to complete the project & started on 30th October 2011 • 5 years license issued with extendable 5 more years. • Construction cost is 10 billion. • 10% escalation every year. TIME & MONEY
  • 15. STAKEHOLDERS IN THE PROJECT INTERNAL STAKEHOLDERS Jaypee group - Owner of the project. Formula 1 - Governing body of the motorsports Oriental Structure Engineers Ltd. -Track lying out Federation of Motor Sports Club of India- Governing body of Indian motorsports Hermann Tilke-Chief architect  Ace Insurance Brokers-Insurance cover Shapoorji & Pallonji-Main grand stand and pit stop, Jmc projects pvt ltd.- Build main team buildings and other structure Firepro -Fire fighting Sterling and Wilson -Generator backup, Sponsors- Airtel Geodiasic- Roofing Services Design cell pvt- Landscaping Siemens -TV screens, external lighting EXTERNAL STAKEHOLDERS  Audience-Stakewatcher  Farmers-Land belonged to them District Magistrate-Noise clearance, safety, environment, resolving issues with farmers, plan approval  Yamuna Expressway Industrial Development Area- Developing expressway as a commercially important corridor  Uttar Pradesh Govt-To earn revenue from huge tax, to encourage such prestigious project in their state, boost to local tourism economy  KELME-Official supplier and licensed merchandise partner  Media-Information to general public  Mccans- Advertising  Puma-Official merchandise partner  Sports Authority Of India-Permission to the F1 governing body.
  • 16. POWER INTEREST GRID PHASE -1 AND PHASE -2
  • 17. STAKEHOLDERS IN THE PROJECT POWER INTEREST
  • 18. 24
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  • 20. farmers investment of Rs 1,960 crore was made to build the circuit on 874 acres of barren land which originally belonged to farmers. According to Thelka the land was acquired for Rs 800 per sq m from farmers who used to grow three different types of crops every year. Land from 10 to 12 villages in greater Noida was acquired by the state government for industrial purposes using section 17 of land acquisition act of 1984. Organizers Faced 200 Crore INR Notice The Enforcement Directorate issued an estimated Rs 200 Cr notice for violation of foreign exchange rules. The notice was issued under the Foreign Exchange Management Act of 1999,The notices alleges contravention of forex in the preparation of the F1 race and is pegged at close to Rs 200 crore Supreme Court Notice Supreme Court had issued a notice to the state government for waiving entertainment and luxury tax for the Formula One. The notice was carried out due to a PIL which was filled. Hosting Rights F1 has taken away the hosting rights from India for the year 2014 and 2015 due to heavy taxes and duties imposed by the government. RISKS
  • 23.
  • 24. 24Company Proprietary and Confidential Collaboration and Conflict Matrix
  • 26. Profile Cards of Important Stakeholders
  • 33. Venn Diagram Showing CLIP Descriptors L Concerned I Marginal P Dormant PL Influential PI Forcef ul PIL IL Vulnerab le
  • 34. 34Company Proprietary and Confidential Strategic Engagement Plan
  • 36. 36Company Proprietary and Confidential LEARNING 1) Learned about the diversity of a construction project 2) Various stakeholders involved and their role at different stages in a project 3) How to handle and foresee the risks in a project 4) How those risks can negatively impact the project if not dealt with them before the actual construction 5) How to identify the stakeholders and categorize them 6) How to successfully plan the strategic engagement plan 7) The importance of keeping the stakeholders involved, to avoid communication gap.