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Amity Global Business School Word Sip 1
Amity Global Business School Word Sip 1
AMITY UNIVERSITY
ON
Submitted by:
Siddhant Chhajed
BATCH 2017-20
Siddhant Chhajed
ENROLLMENT NO - A31506417071
______________________
DIRECTOR GENERAL
AGBS, PUNE
DECLARATION
I, Siddhant Chhajed , a student of Amity Global Business School of MBA Batch 2017
to 2019 declare that the internship report on Title: “To Study Construction
Management At Siddhi Groups’ SkyBridge At Ahemadnagar is a bonafied record
of the original project work that is carried out by me and has not been submitted
earlier for any other degree or diploma.
I was regularly in contact with my Summer Project Guide Prof. Anand Mohan
regarding any discussion with my project.
No task is a single person effort; same is with my summer internship project. Thus I
would like to extend my sincere thanks to all those who have helped me in
accomplishing my project.
With deep sense of pleasure and satisfaction I have completed this project on To
Study Construction Management At Siddhi Groups’ SkyBridge At
Ahemadnagar and thereby take the opportunity to thank Mr. Mukesh Jain for
entrusting me to assist him for this 2 months of my internship. I also extend my
heartiest thanks to Col(Dr). S.V Sharma( Director General of AGBS, PUNE) for
giving us the scope of this wonderful internship period. I also express my genuine
gratitude towards Prof. Anand Mohan for being a supportive and motivational Faculty
Guide for my SIP. Last but not the least, I thank all the faculty members of AMITY,
my friends as well as my family for their support and guidance.
Abstract
“Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most
of all, love of what you are doing or learning to do.”
- Pele
In these 2 months Researcher had taken upon the task to study ‘Construction Management’-
the management that works under the running of a successful construction industry.
Researcher was working under the firm ‘Siddhi Group’. During my tenure of 60 days with the
company Researcher precisely learned that how do companies manage their businesses.
Management run businesses and is the most important element of any business. Failing to
plan is planning to fail.
7 Types of construction
Research Objectives
My objectives of doing this project was -:
• To understand how businessmen who are into real-estate manage their businesses wrt.
Daily operations
• To understand the operations of the real estate and land development businesses
• To get brief insights of all the activities done in land businesses
• To understand how to adapt changing market trends
• To understand on how to implement the theoretical knowledge in the practical scenario
• To get introduced with the great business tycoons of the industry and understand their
ways of dealing in the business world
Scope Of Construction
Management
The Construction Industry of India is an important indicator of the development as it
creates investment opportunities across various related sectors. The construction
industry has contributed an estimated US$ 308 billion to the national GDP in 2011-
12 (a share of around 19%). The industry is fragmented, with a handful of major
companies involved in the construction activities across all segments; medium-sized
companies specializing in niche activities; and small and medium contractors who
work on the subcontractor basis and carry out the work in the field. In 2011, there
were slightly over 500 construction equipment manufacturing companies in all of
India. The sector is labour-intensive and, including indirect jobs, provides
employment to more than 35 million people.
The Construction Engineering and Management area of study prepares students to
manage design, construction and operation of sustainable buildings and
infrastructure systems in the increasingly global construction industry.
Scope of Construction Management in India
The sky is the limit, considering the scale and volume of projects that are coming up.
There is a strong need to think beyond the tried and tested. Engineers are expected to
become Techno Commercial from just Technical. However, there is a catch. Learning
Construction Management immediately after Graduation is not a very good option as
one would hardly be able to imbibe the practical aspects of it. Moreover, if
Construction Management is learnt devoid of the Technical aspects, it becomes a
kind of abstract learning that hardly gets implemented.
‘SIDDHI GROUP’ is a well-known name in the real-estate and land development industry.
The real-estate company is a young company which is around just 8 years. The company has
3 ongoing projects -
• Serrano Farms - A premium farm house Project ; 450 acre land parcel ; 250 plots
• Sinhagad Srushti - Farm House Project ; 9 acre land parcel ; 156 plots
• SkyBridge -A premium residential project at Ahmednagar ; 12 bungalows and 100 flats
Siddhi Group aims to provide its customers with highest quality products at an affordable
rate. Quality and Authenticity of the products is the most important part that the team works
on at their office.
Literature Review
The primary components of a project management plan are:
• Scope Statement
• Critical Success Factors
• Deliverables
• Work Breakdown Structure
• Schedule
• Budget
• Quality
• Human Resources Plan
• Stakeholder List
• Communication
• Risk Register
• Procurement Plan
"Let our advance worrying become advance thinking and planning." ~ Winston Churchill
"First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary
means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your
means to that end." ~ Aristotle
Research Methodology
“There’s no discovery without a search and there’s no rediscovery without a research. Every
discovery man ever made has always been concealed. It takes searchers and researchers to
unveil them, that’s what make an insightful leader.”
― Benjamin Suulola
I used the method of Observation and inception in my project to find information about the
topic
- Observation Method - Observation, as the name implies, is a way of collecting data
through observing. Observation data collection method is classified as a participatory study,
because the researcher has to immerse herself in the setting where her respondents are, while
taking notes and/or recording.
Advantages of observation data collection method include direct access to research
phenomena, high levels of flexibility in terms of application and generating a permanent
record of phenomena to be referred to later. At the same time, observation method is
disadvantaged with longer time requirements, high levels of observer bias, and impact of
observer on primary data, in a way that presence of observer may influence the behaviour of
sample group elements.
It is important to note that observation data collection method may be associated with certain
ethical issues. Fully informed consent of research participant(s) is one of the basic ethical
considerations to be adhered to by researchers. At the same time, the behaviour of sample
group members may change with negative implications on the level of research validity if
they are notified about the presence of the observer.
This delicate matter needs to be addressed by consulting with dissertation supervisor, and
commencing observation primary data collection process only after ethical aspects of the
issue have been approved by the supervisor.
• Situated at 120 kms drive from Pune, calm though offering all the conveniences of
Metro, Ahmednagar has much to offer.
• The mini city boasts one of the highest GDPs in India. MIDC is also closely located
here providing employment.
• The demand for residential units have exponentially increased in Ahmednagar. Fresh
investments coming in the area is taking Real Estate market to new heights.
• This place is witnessing a huge amount of changes in the city demographics. Newly
constructed subways, multiplexes and malls are making the place more accessible.
Presence of schools, colleges and other educational institutes along with civic
amenities like hospitals and fire stations make it an ideal place to live.
Elegant, Refined and Exclusive the Home at SkyBridge have much to offer
Spread across 3 Acre land in mid of Ahmednagar offering intricate detailing of each
home, warm and spacious 2 BHK & 3 BHK apartments and Row Houses are indeed
the quintessence of the good life.
SkyBridge's meticulous planning includes all the comforts, luxuries & privileges
one could ask for. Have a refreshing swim, enjoy a rigorous workout at the gym or surrender
to the serenity of yogic meditation in all comfort of your own privileged world. With the
fantastic host of amenities that SkyBridge has, your time at home will always be special.
Conclusion
• I was now able to analyse the market scenario and the various trends of
the market in an upcoming urban city of Maharashtra
• I was now aware of the operations that take place at the real-estate
office
• There are various issues involved in acquiring land. I understood on
how to deal with the problems that were related to land .
• Nothing worth having come easy . Hard work beats talent when talent
fails to work hard . Hard work pays off . Work hard , dream big .
• Innovation is the ability to see change as an opportunity - not a threat .
Innovation is change that unlocks new values .
In the end all business operations can be reduced to three words ..
People , Product and Profits . 94 percent of the problems in the business
are system driven and only 6 percent of the people driven .
Findings And Observations
• In Real-Estate business patience is the key. When we have to, we often make mistakes that
result in low quality delivery of product to the consumers.
• Consumers are the kings of the market. When we lose a customer, we may be losing a big
opportunity of business.
• Presentation to the clients matter the most. It is rightly said “Jo dikh ta hai, what bik ta
hai”
• Rewards and Recognition both work hand in hand. Work must be focused and then results
automatically come forward.
• You never get best people, you must find the best in the people to get desired results.
Commitment gives you a brand value and gives your customer a sense of trust in you
Personal learnings
“Only Studies And no games makes jack a dull boy”
On the first day of my internship at the Siddhi Group office I was told only 1 thing bt the
founder. He said “When you are into the real market scenario, one should be capable in all the
aspects of life.”
According to him a person must have 3 hobbies In life -
One To Make Money
One To Keep You In Shape
One To Keep You Creative
These words struck me. I thought over this again and again. I analysed and re-analysed
myself. I then found that I need to design my life according to these principles of hobbies.
I then divided my day and designed my 24 hours like this -:
7 hours of sleep
3 hours of food and refreshment
I then focused on the first principle “One Hobby To Make Money”. I being a student, my
profession right now is to grab maximum knowledge from the educational institution. My
responsibility right now is to get myself business ready.
These were the factors a student must focus on while he/she is studying -:
Gaining new knowledge
Working with full concentration at the office
Reading business oriented books and newspaper
Attending seminars and educational talk shows
Getting in touch with business tycoons
Analysing market changing patterns
Adopting innovation from the start itself
I studied all this. Analysed myself and then started to apply all of this in my daily routine.
So now let me state what all did I do to complete my first principle of hobbies. Here is a
glimpses of on how practiced this.
After focusing on my first principle of hobbies I moved on to the second
“One Hobby To Keep You In Shape”. To put it simply, physical activity
and exercise is important for everyone. Children, adolescents, and adults
of all ages need regular physical activity. Physical activity promotes good
health, and you should stay active throughout all stages of your life
regardless of your body type or BMI. A person who is fit is capable of
living life to its fullest extent. Physical and mental fitness play very
important roles in your lives and people who are both, physically and
mentally fit are less prone to medical conditions as well.
Fitness does not only refer to being physically fit, but also refers to a
person’s mental state as well. If a person is physically fit, but mentally
unwell or troubled, he or she will not be able to function optimally.
Mental fitness can only be achieved if your body is functioning well. You
can help relax your own mind and eliminate stresses by exercising
regularly and eating right.
“healthy body leads to healthy mind and healthy mind enables healthy
decision”
Finally the third principle “One To Keep You Creative”
"You can't use up creativity. The more you use the more you have.”
To keep oneself creative, one must learn and inculcate the hobbit of
creativity. I started learning drums. Drum, musical instrument, the sound
of which is produced by the vibration of a stretched membrane (it is thus
classified as a membranophone within the larger category of percussion
instruments). Basically, a drum is either a tube or a bowl of wood, metal,
or pottery (the “shell”) covered at one or both ends by a membrane (the
“head”), which is usually struck by a hand or stick. Friction drums, a
class apart, are sounded by rubbing.
Importance Of Drum Playing -:
Reduces stress to mind and increases academic performance
Boosts brain power and increases confidence
Improves communication skills and develops knowledge
A boost for immune system
Social and creative development
Combat stress, depression and neurological conditions
Drums made me feel home. I felt stress feel when I played drums I felt
stress free and now play drums every day to make my day more beautiful
and healthy
#NAYOME
NAYOME - National Youth Meet. National youth meet was a youth conference held at
Chennai, India. There were world-class dignitaries and speakers. There was exchange of ideas
on various topics such as new-business trends, changing consumer preferences, and many
more such world-changing topics were discussed.
Finally stating, I was fully satisfied by the way I used my these 2 months
for my personal development. What learnings I took were
1. Self-Motivation
2. Understand What You Offer
3. Take Risks
4. Know How to Network
5. Basic Money Management Skills and Knowledge
6. Keep looking for new opportunities
7. Be passionate and fast learner
8. Don’t just work hard, Work Smart
9. Offer quality products
10. Be committed towards work
11. Failing to plan, is planning to fail