Project Management in Real Estate Industry 
Last date for registration: 08 Dec, 2015
End Date : 18 Dec, 2015
Early Bird Discount Date : 27 Nov, 2015
Residential Early Bird Fee(excluding GST) : Rs. 21,850
Non-Residential Fee(excluding GST) : Rs. 20,000
Non-residential Early Bird Fee(excluding GST) : Rs. 19,000
Real estate developers need to plan and execute their projects well to save cost and grow customer mindshare. In a competitive and increasingly litigious market, poor project execution could mean loss of reputation, and sometimes even legal trouble for developers. While there could be factors that are beyond developers’ control, most factors that adversely impact project execution are usually manageable if project managers follow some well-established principles and practices.
While many traditional methods for effective project management remain relevant today, some new innovative methods such as the Critical Chain (based on Eliyahu Goldratt’s Theory of Constraints) and Lean Agile Practices for Construction sector have proven effective in many organizations globally. Understanding and integrating these powerful methods greatly improves the chances of project success.
Much literature exists about these innovative methods. However, most Project Managers find that it is not easy to apply these 30,000 feet level theories in practice. Our workshop is designed to address that need.
Workshop Overview
Our 1-day workshop will provide an overview of the globally accepted best practices in project management and provide a practical approach for integrating new and innovative techniques such as Critical Chain and Lean Agile Practices. The workshop will offer examples of successful projects that have been able to put theory into practice. Participants will walk away with an effective “bag of tricks” that can be used in day-to-day project management decisions.
- Leveraging knowledge of the Critical Path and Lean Agile Practices
- Benefits Realization as opposed to delivering on pre-defined scope, time and cost
- Earned Value Management as a tool to monitor project progress
- Project Risk Management including tips on Effective Risk Management including Risk Identification, “Riskiest Paths”, etc.
- Utilising the WBS (Work Breakdown Structure), Critical Path & Risk Ownership as motivation tools
- Effective ways to prevent/reduce scope creep
- Leveraging the internet and Social Media tools in motivating the project team
Senior and middle level managers who are involved in managing projects in the real estate industry
The instructors will use a mix of lectures, cases and descriptive examples for the workshop. Participants will be encouraged to share their experiences and viewpoints to encourage discussion and to promote learning from each other
1- Day Workshop at IIM Bangalore dated 18-Dec-2015
Dr. Venkatesh Panchapagesan heads the IIMB-Century Real Estate Research Initiative (IIMB-CRERI) at the Indian Institute of Management, Bangalore, and is a Visiting Faculty at the Stern School of Business at New York University. He is currently India’s sole academic representative in the advisory committee for World Economic Forum’s Initiative on Real Estate.
Venky has more than 20 years of experience in academia and in global financial services industry. Prior to joining IIM-B in September 2011, he was with the world’s largest hedge fund, Bridgewater Associates, where he was the global currency trading strategist and led efforts to revamp trading and research analytical infrastructure. He has also worked with Goldman Sachs Asset Management in New York between 2005 and 2008 overseeing trading research for their quantitative hedge funds. Venky was a Finance Professor at the Olin School of Business at Washington University in St. Louis from 1998 to 2005 and has published extensively in top peer-reviewed academic and practitioner journals of the world. He was also invited to be the NASDAQ stock market’s economist for 2002-03.
Since 2012, Venky has been leading the effort on creating India’s first scientific research initiative on India’s growing real estate sector through IIMB-CRERI. In a relatively short span of 2 years, the initiative has created several innovative content including India’s first home buyer sentiment survey as well as a crowd sourced market data portal to tackle opaqueness in the real estate market. In addition, IIMB-CRERI has been leading in the effort to create data and academic research and is now involved actively in helping the Government improve its land revenues through better real estate valuations.
Aside of real estate, Venky is also actively interested in the design and regulation of financial markets, performance of financial intermediaries such as mutual funds and the history of the Indian stock market. His work on algorithmic trading and Indian business group owned mutual funds have won competitive research grants while his work on the US Bankruptcy process has won the Best Paper award in a leading academic conference. He is currently working on a primer on the Indian financial markets from an academic perspective as well as on creating an index of Indian stock market performance (prices, dividend yield and equity premium) going back to the 1800s.
Venky sits on several of the Board’s Oversight Committees at the Bombay Stock Exchange (BSE) and Indian Clearing Corporation Ltd (ICCL). He has been cited in leading global financial media such as the Wall Street Journal and the Financial Times as well as leading Indian media outlets such as the Mint, Economic Times, Business Standard, Financial Express and the Hindu Business Line. He is certified in India as a Chartered Accountant (Silver Medalist, All India 2nd Rank) and a Cost Accountant (All India 5th Rank), and holds a PGDM from IIM (Calcutta) where he was also the batch’s Silver Medalist. He holds a Bachelor’s Degree in Commerce from R.K.M. Vivekananda College (Chennai).
Contact Details
Phone: +91-80-2699-3349
Email: venky.panchapagesan@iimb.ernet.in
Programme Charges*
Residential: Rs. 23,000/- (subject to availability of rooms on campus)
Non-Residential: Rs. 20,000/-
Early bird cut-off date: 27-Nov-2015
Residential: Rs. 21,850/-
Non-residential: Rs. 19,000/-
Please Note * Please add service tax at prevailing rates to the programme fee. Group discount (10%) may be availed for a group of 5 or more participants from an organization for a programme, on upfront payment before the start of the programme.
All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme. Kindly do not make your travel plans unless you receive the letter from IIMB.
A certificate of participation will be awarded to the participants by IIMB.
Registration
Please logon to IIMB website www.iimb.ac.in/eep for registering online. Do feel free to get back to us if you should have any clarification.
Executive Education Programmes
Indian Institute of Management Bangalore
Bannerghatta Road, Bangalore 560 076
Phone: +91 - 80 - 2699 3264 / 3475
Fax: +91 - 80 - 2658 4004 / 4050
E-mail: openpro@iimb.ernet.in