PROJECT COST MANAGEMENT IN DELHI METRO RAIL PHASE I

Rohan Sakapal - 1023Lalit Sawant - 1038

5/12/2013

Project Cost Management

• Method that uses technology to measure cost and productivity through the full life cycle of enterprise level projectsIt has six lines with total length 189.63 kilometers 142 stations in which 35 are underground

• PCM encompasses several specific functions of project management including estimating, job controls, field data collection, scheduling, accounting and design.

Project Cost Management• Beginning with estimating, a vital tool in PCM, actual

historical data is used to accurately plan all aspects of the project. As the project continues, job control uses data from the estimate with the information reported from the field to measure the cost and production in the project. From project initiation to completion, project cost management has an objective to simplify and cheapen the project experience.PCM encompasses several specific functions of project management including estimating, job controls, field data collection, scheduling, accounting and design.

Project Cost Management

There are 4 processes in this knowledge area including• Planning Cost Management• Estimating Costs• Determining Budget• Controlling Cost

About DMRC

• DMRC is a rapid transit system in national capital region

• It has six lines with total length 189.63 kilometers 142 stations in which 35 are underground

Line First

operationalLast Extension

Stations Length(km)

Terminals

Red Line December 24, 2002

June 4, 2008 21

25.15 Dilshad RithalaGarden

Yellow LineDecember 20, 2004

September 3, 2010

34

44.65 Jahangir HUDAPuri

Blue LineDecember 31, 2005

January 8, 2010

October 30, 2010

-0-

44

6

50

6.25

NoidaCity Dwarka CentreYamuna Anand vihar Bank

Green Line April 3, 2010 -0-

1518.46 Inderlok Mundka

Violet Line October 3, 2010

January 14, 2011 15

20.04 Central Secre-Tariat Badarp

Management Structure• Chairman - Shri Navin Kumar • Managing Director - Dr. E. Sreedharan • Total Number of Directors - 16 • Nominee of Govt. of India - 5 • Nominee of Govt. of NCTD - 5 (Including MD) • Number of full-time functional Directors at present

including MD - 7 • The corporate office of the company is located at Metro

Bhawan, Fire Brigade Lane, Barakhamba Road New Delhi - 110001, India

Mission

• To cover the whole of Delhi with a Metro Network by the year 2021.

• DMRC to be of world class standards in regard to safety, reliability, punctuality, comfort and customer satisfaction.

• Metro to operate on sound commercial lines obviating the need for Government support.

History

• Delhi, national capital of India and fastest growing country in the world.

• Population more than 1.68 crores. • Continuously day by day number of vehicles

increasing • 5 persons killed and 13 injured everyday • Air and Noise pollution• Traffic conjunction

History

• For solving these problems in 1970 when Central Road Research Institute (CRRI) done deep study on traffic and travel characteristics

Delhi Metro Phase I

• Line 1 Shahdara-Tri Nagar- Rithala (22.06 KM- 18 Stations)

• Line 2 Vishwa Vidyalaya-Central Secretarit (10.84 KM 10 Stations)

• Line 3 Indraprastha - Barakhamba Road- Dwarka City (32.10 KM 31 Stations)

• Total 65 KM with 59 stations

Financing Delhi Metro

• Central and State Govt. Equity• Japan International Cooperation Agency (JICA) –

1.2 % interest rate, repayment period of 30 years• Property Development • Interest Free Subordinate Loan by Centre and

State Govt. for land acquisition• Govt. Grant• Total Budget Phase 1 - 10571 cr.

JICA Loans

• Loan has been accompanied by a series of general contracts going to Japanese firms

• In May 1998-DMRC appointed Japan's Pacific Consultants International (PCI) as general consultant

• The general consultant's role is vital• It chooses the firm which will finally execute

the project

DMCR Tax regimeDMRC pays:• Wealth Tax• Fringe Benefit Tax

Exempted from:• Property Tax• Sales Tax• Works’contract Tax• Income Tax• Capital Gains Tax• Customs• Excise

Other Concessions to DMRC

• Interest free subordinate loans from:• GOI, GNCTD, HUDA, NOIDA• Concessional loans from Japan International

Cooperation Agency (JICA)• Exchange rate risk is borne by Government• No dividend is paid on GOI share of equity till the

senior debt is repaid fully by the twentieth year• Electricity at cost to serve basis (300P/kVAh)*

Revenue

• From Tickets• Season Passes• Tourist Passes• Advertisement• Business Sectors

Resources

• www.delhimetrorail.com• www.urbantransist.net• www.wikipedia.com

QUESTIONS?

THANK YOU