“cloud based project management solution for construction industry – a Make-in-India product”

www.myepcteam.comSunil Vaishnav :+91-9811115163

Nitin Gupta :+91-9987671199

MyEpcTeam.com

Commonly adopted strategies to control project schedule

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Risk and Reward for Project Team

Standardization of Processes

Automated Tools and Software (MS Project, Primavera, etc)

Independent Monitoring of Projects by Experienced Managers

Periodic/Secondary Reviews

21%

57%

75%

79%

93%

18%

25%

11%

11%

7%

25%

15%

7%

10%

25%

3%

11%

7%

Frequently Less Frequently Sometimes Seldom Never

Source: PMI-India chapter.

Reasons for Cost Overruns

Source: KPMG in India- PMI survey on cost and schedule overruns, 2012

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Weak procurement planning

Poor selection of technology/equipments

Contractual disputes due to poor framing of contract document

Incremental financial costs (foreign exchange volatility, borrowing cost, etc.)

Weak contract administration and claim management

Location and connectivity of project site

Inadequate availability of skilled resources

Escalation in labour costs/ineffective utilization of labour

Design changes/iterations

Material price escalations beyond projections

20%

30%

50%

56%

60%

60%

70%

90%

90%

100%

71%

35%

53%

88%

53%

82%

71%

94%

71%

88%

Non-PSU PSU

Reasons for Schedule Overruns

Source: KPMG in India- PMI survey on cost and schedule overruns, 2012 ©2016 MyEpcTeam ALL RIGHT RESERVED

Delay in regulatory approvals (for commissioning)

Lack of awareness of modern technology

Geographical challenges and cultural diffrences

Geological surprises

Ineffective project monitoring

Coordination issue with project team/Vendors

Ineffective programme management

Unavailability of funds

Inadequate availability of skilled resources

Industrial relations and law problems

Contractual disputes

Pre-commissioning teething troubles

Design/scope changes

50%

10%

20%

20%

22%

30%

30%

44%

44%

50%

50%

60%

78%

37%

37%

58%

68%

37%

61%

37%

5%

63%

58%

58%

47%

79%

Non-PSUPSU

Challenge 1:

Owner/Contractor/Consultant maintains

individual dataset and information to

manage project.

Cloud Based Platform creates centralized

database for all and sets data modification

rules as per users responsibility and

discipline.

Challenge 2:

Unrealistic planning due to Top-Down

approach ignoring inputs of Bottom-Line

participants.

Integrates Management level schedule and

set realistic milestones with inputs from Site

Executives and Planning team.

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Challenges of Projects Management Solutions by MyEpcTeam.com

Challenge 3:

Information chasing before meetings and

claims and counter-claims on facts during

review meetings consumes substantial time

and efforts thus impacting project

performance.

All the information like project progress status

reports including approvals, documents,

transmittal records, real-time S-curves, site

photos are available on Mouse click.

Challenge 4:

Different software(s) required for Scheduling,

Procurement and Document Management.

Everything is available on one common

platform that reduces time and cost of the

project.

Challenge 5:

Key departments such as Engineering,

Procurement and Construction works in silos.

Engineering, Procurement and Construction

activities are totally integrated with successor

and predecessor linkages and visible to all

stake holders.

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Challenges of Projects Management Solutions by MyEpcTeam.com

Challenge 6:

Lack of scope/specifications clarity leads to

frequent revisions/changes in engineering

drawings which impacts project cost/time

and leads to disputes.

Transmittal Record System in Engineering

Module keeps updates of latest revisions of

drawings with their pendency, delivery dates

and reason for changes including historical

data.

Challenge 7:

Costly software and thus limited number of

license(s).

Low subscription cost make it affordable to

almost all stake holders.

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Challenges of Projects Management Solutions by MyEpcTeam.com

Salient Features of MyEpcTeam.com

• Construction Driven Scheduling – which sets drawing and material

requirements based on construction activities. Improves cash flow and also

provides reasonable time for construction.

• Online Engineering workflow – online submission & approval of

engineering drawings between project Owner, engineering consultant and

contractors along with status reports.

• Procurement Tracking System – tracks status of procurement activities such

as order placement, vendor drawing approval, inspection, MDCC and receipt

at site. This is well integrated with engineering and construction module.

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• Scope based Progress Measurement System – evaluates project

progress based on actual executed quantity instead of conventional

% progress update and/or duration based updates.

• Issue Management System – easy tracking and resolution of various

issues between stake holders along with reports.

• Punch List Management System – records list of quality defects and

incomplete work in a project with assigned responsibilities.

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Salient Features of MyEpcTeam.com

How It looks Like - Portfolio

How It looks Like – Schedule (Work Breakdown Structure)

How It looks Like – Schedule (Activities)

How It looks Like – Engineering Module (Engineering Breakdown Structure)

How It looks Like – Engineering Module (Drawing List)

How It looks Like – Engineering Module (Transmittals)

How It looks Like – Procurement Module (Procurement Breakdown Structure)

How It looks Like – Procurement Module (Material List)

How It looks Like – Issue Management Module

How It looks Like – Punch Point Module

Subscription Pricing Details for MyEpcTeam.com

No. of UsersRate Per User Per

QuarterRate Per User Per Year

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6 - 20 USD 55 USD 140

21 - 100 USD 50 USD 110

100+ USD 40 USD 90

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QuarterRate Per User Per Year

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6 - 20 INR 3500 INR 9000

21 - 100 INR 3000 INR 7000

100+ INR 2500 INR 6000

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