An Initiative by IIT Delhi Alumni

Construction Project Management
Contract Administration, the backbone of Real Estate project success

Contract Administration, the backbone of Real Estate project success

Contract administration is an important approach to ensure compliance of contractual obligations, can minimise construction disputes, prevent time and cost escalation if companies implement project management or contract administration approach from the concept level to execution of a project. The coordination with all the project participants about  progress and any shortfalls is a matter of concern  which may have... Read More
Real Estate Project Initiation Home Work

Real Estate Project Initiation Home Work

The Real Estate projects are the complicated configuration of interdependent activities so it is imperative to plan and manage each activity at the right time in the correct manner. The detailed market feasibility study required to be conducted by the experienced professional agency to evaluate and highlights the present and future development prospects in terms of Infrastructure, economic, commercial,... Read More
Stringent Quality Control-  The Master Stroke To Enhance Sales In Real Estate

Stringent Quality Control- The Master Stroke To Enhance Sales In Real Estate

The high quality of constructed building projects offers pleasant and safe living spaces with satisfaction to habitants. Quality control should be a serious concern for the entire project team because defects or failures in constructed facilities may cause huge loss, costs, and complexity in the future. Quality of design and construction influence largely the sales and longer life of... Read More
Techno-commercial Audit Of Real Estate Construction Projects

Techno-commercial Audit Of Real Estate Construction Projects

Construction Audit is the process involved detail study and analysis of Project details, documents, development plans, various contract conditions, tax liability, cost structures,  expenses, procurement, change order, value engineering, qualities, safety, statutory requirement, project requirement along with other internal and external constraints are examined thoroughly to establish control system to avoid cost and time overrun and to strengthen the... Read More
Significance Of Construction Management

Significance Of Construction Management

The acquisition of construction projects consists of complex multifaceted endeavor tasks usually represent a major capital investment by individual or company and the commitment of adequate resource deployment for such large scale investment is governed by market demand or perceived needs. It is extremely imperative to make best efforts towards completion and handing over of projects with the desired... Read More