JOURNAL OF CONSTRUCTION MANAGEMENT
NICMAR
Vol. XXXI January - March & April - June 2016 No. I & II
CONTENTS
RESEARCH ARTICLES
Criteria For Selection Of Design And Build Procurement Method 5
Achieving Academic Excellence Through Project Risk And Complexity Management 19
Liquidity And Profitability Analysis In Selected Oil And Gas Refineries In India 29
Alaeddin Ghadamsi and Nuhu Braimah
Debasis Sarkar and H. B. Raghavendra
P. Hanumantha Rao
COMMUNICATION
Bus Rapid Transit System For Indore City 39
Use Of Crushed Sand As An Alternative Construction Material 49
To River Sand - A Review
Kundan Meshram and Dilip Singh Yadav
A. L. Agarwal and B. L. Rajput
BOOK REVIEW
Public Private Partnership in Transport 57
BUILDING INFORMATION MODELING 59
Trends and Theory
Abstract :
Keywords :
One of the causes of poor project performance (PP) is the use of inappropriate procurement method
(PM). Whilst employing an appropriate method is considered to result in project success, limited
research has so far been conducted to empirically explore this relationship. Although, a lot of
studies have been done with a view to develop models/tools for aiding the selection process, there is
much less research on the influence of procurement methods on project performance. This paper
presents a conceptual framework to demonstrate the existence of this influence. The framework is
developed based on an extensive review of literature. The review was carried out to determine the
main criteria for selecting Design and Build procurement method (DB) and project performance
measurements. Thirteen (13) DB procurement selection criteria commonly cited in the literature
were identified. A review of how each of these criteria suits the use of DB method was also carried
out. The latter part of review was to facilitate ranking of each of the criteria on a rating scale for
purposes of predicting the actual level of influence a particular procurement method exerts on
performance of a project. Besides offering a deeper understanding of PM relationships with PP, the
proposed conceptual framework forms a basis for the development of the quantitative model at
subsequent stages of the on-going study.
Construction procurement methods, Design and build procurement method, Procurement
selection criteria, Project performance
Alaeddin Ghadamsi and Nuhu Braimah
Submitted : 17 December 2015; Accepted : 10 May 2016; Published : June 2016
Criteria For Selection Of Design And
Build Procurement Method
1 2Ph.D. Student and Associate Fellow and Lecturer, Construction/ Project Management, Department of Mech., Aerospace & Civil Engineering,
Brunel University, UK. Email : [email protected], [email protected]
Abstract :
Keywords :
Project risk management is an integral facet of project management. Complex infrastructure
projects are subject to risks and uncertainties through all stages of the project i.e. from feasibility,
development to execution and operation. These risks and uncertainties would reduce the
probability of successful completion of the project within stipulated time and cost frame. Academic
institutions face the present day challenges of recession, inflation and constricted job market.
Achieving academic excellence and becoming a “world class institution” is a real challenge for the
Indian universities. Further, in an academic institution with a focus on energy and infrastructure,
the courses and programmes offered under the domain of “energy” may not synergize with the
courses floated under the domain of “general engineering” or “liberal studies”. Due to the stand
alone nature of these domains, the institute faces various risks and challenges in achieving
academic excellence in all programmes and courses floated under “non-energy” domains. This
paper is an attempt to identify the major risks, uncertainties and complexities of an educational
organization focussed on “energy infrastructure” based on different programmes floated by its
constituent schools. An analytical approach for analysis of the risks is carried out, based on which,
a risk and complexity management model would be proposed. The proposed model would be a
combination of project risk management and programme risk management. As risk is a function
of likelihood and impact, the likelihood or probability of occurrence values of the identified risks
were obtained through a questionnaire survey and the respondents were faculty members and
students of the academic organization under study. Generally, the mean of the responses is
considered for the study and the tool applied for analysis is Expected Value Method (EVM) for
Project Risk Analysis (PRA). Risk severities obtained from the analysis enabled to classify the risks
into “low”, “medium”, “high”, “very high” and “critical” zones. A risk map was developed which
was linked to the probable solutions of reducing the severities of the identified risks. The risk
response planning and mitigation measures acted as a risk mitigation tool. The proposed
methodology would strengthen the link between the strategic planning and implementation, so
that the project outcomes are predictable, reliable and consistent and can correlate with
organizational success. It would also identify the best practices which support the implementation
of academic organizational strategy through successful programmes. Methodologies to generate
more synergy between the standalone programmes of different constituent schools would also be
suggested.
Academic, Excellence, Project risk, Complexity management
1 2Debasis Sarkar and H.B. Raghavendra
1
2
Associate Professor & Head, Dept. of Civil Engineering, School of Technology, Pandit Deendayal Petroleum University, Gandhinagar, India. Email : [email protected] Director General, Pandit Deendayal Petroleum University, Gandhinagar, India.
Submitted : 23 February 2015; Accepted : 12 March 2016; Published : June 2016
Achieving Academic Excellence Through
Project Risk And Complexity Management
Abstract :
Keywords :
Indian economy has remained stable and strong during last one decade or so when most of the
emerging economies in the world have witnessed a downward trend. One of the main reasons for
this could be the industrial sector of India which has played a very significant role in realizing the
higher economic growth in the country. The oil and gas refinery sector, being one of the eight core
industries in India, plays a major role in influencing decision making for all the other important
segments of the economy. In this context, it becomes very relevant to look into the fundamentals of
some selected oil and gas refineries in India over a period of last five years. This paper attempts to
study the liquidity and profitability position of four such companies, namely Indian Oil
Corporation, Oil and Natural Gas Corporation, Hindustan Petroleum Corporation and Bharat
Petroleum Corporation Ltd for last five years from 2010-11 to 2014-15. The key variables
considered for this study include current ratio, quick ratio, return on equity, return on capital
employed and return on assets.
Current ratio, Quick ratio, Liquidity, ROA, ROCE, ROE
P. Hanumantha Rao
Assistant Professor, National Institute of Construction Management and Research, Hyderabad, India. Email : [email protected]
Submitted : 3 March 2016; Accepted : 10 May 2016; Published : June 2016
Liquidity And Profitability Analysis In
Selected Oil And Gas Refineries In India
1
2
Research Scholar, Department of Civil Engineering, Maulana Azad National Institute of Technology, Bhopal, India.Email : [email protected] Formerly Assistant Professor, Department of Civil Engineering, IES-IPS Academy, Indore, India. Email : [email protected]
Abstract :
Keywords :
Bus Rapid Transit System (BRTS) is a bus based good quality, high capacity rapid transit system
that delivers fast, comfortable and cost effective urban mobility. In a BRTS, vehicles travel in
exclusive lanes, thus avoiding congestion, accident, air and noise pollution. There is a provision of
segregated right-of-way infrastructure, rapid and frequent bus operations, easy boarding and
alighting facilities for the passengers and excellence in marketing and customer service. BRTS is a
safe and cost effective transit option for urban cities.
The present work describes a case study of BRTS for Indore city. BRTS started from Niranjanpur
to Rajeev Gandhi Square located on Agra-Bombay road (A. B. road) in Indore. The length of the
corridor is 11.57 km with 22 bus stops and 4 BRTS Interchange Stations are identified along the
corridor. The corridor is divided into three stretches viz. stretch 1 from Niranjanpur to LIG Square,
Stretch 2 from LIG to Holkar College and Stretch 3 from Holkar to Rajiv Gandhi square. The
study also calculate number of buses required for present traffic load and with increase traffic from
10% to 40% on feeder roads.
BRTS, Traffic load, Feeder roads, Urban mobility, Indore city
1 2Kundan Meshram and Dilip Singh Yadav
Submitted : 8 June 2014; Accepted : 15 February 2016; Published : June 2016
Bus Rapid Transit System For Indore City
Communication - I
1
2
Professor and Dean, School of Distance Education. NICMAR, Pune, India. Email : Assistant Professor, School of Construction Management, NICMAR, Pune, India. Email : [email protected]
Abstract :
Keywords :
The demand of the natural river sand has increased manifold for the production of concrete which
is an extremely versatile construction material used in all types of construction. The river sand is a
product of natural weathering of rocks during the flow of a river over a period of many years and
is mined from the river beds. River sand is becoming a scarce natural resource. The use of river sand
is being constrained by various environmental laws, zoning regulations, increased cost due to non-
availability and environmental concern. This review paper summarizes various studies
undertaken on use of crushed sand as an alternative construction material to river sand as a partial
or the full replacement. It was observed from the previous experimental studies that the addition of
crushed sand as replacement to natural river sand may improve strength and durability of the
concrete.
Crushed Sand, Alternative Construction Material, Sand, Concrete
1 2A. L. Agarwal and B. L. Rajput
Submitted : 26 May 2015; Accepted : 6 April 2016; Published : June 2016
Use Of Crushed Sand As An Alternative
Construction Material To River Sand - A Review
Communication - II