PLANNERFY PRIVATE LIMITED

In their own words

Objective Automized project management for coplanar monitoring of time, cost & resource, collaboration via document management system and auto risk management providing transparency, governance, proactive and predictive approach for construction related operational activities. Field of Application The invention relates to the project management discipline of operations division in the real estate sector of construction industry. Motive The operations in a real estate sector are usually spanned over years which is in direct co-relation to the size and quantum of projects taken up. During this tenure multiple functions of multiple stakeholders work on multiple areas of operations at different spans of time. Though the goal of any operation is to maintain continuity, accuracy & authenticity of information; take timely decisions to address problems, establish a proper channel of communication, motivate operations staff and complete project within stipulated time & cost; the expanse of project and the continuous change in organisation structure makes it difficult to achieve these common goals apart from other encumbrances. Moreover, due to frequent changes in laws, regulations and customer requirements, the project brief and specifications also change over time, making it more difficult to manage information and track cost and time. Hence, as a result time and cost overrun has become a norm of the industry. Last but not the least, due to lack of authentic data, the same data is reproduced by different departments over the span of the project resulting in huge manpower loss and lack of homogeneity of data. Thereby resulting in problems such as: Decisions taken basis available heuristic or incorrect data that has undergone multiple iterations over a period of time taken up by multiple people, leading to partial addressal or increasing or creating an altogether new problem. Most of the time and attention is given to identify the problem than resolving it. Creating reports for meaningful decision taking and monitoring takes a lot of time and hence, there is always a lag involved in decision making and substantial manhour loss, without realising the requisite benefits. Difficulty in tracking of project health with respect to time, cost & resource because of lack of analysed data. Improper and untimely communication of information to different stakeholders of a project, about the status of project and change in decisions taken by management, resulting in a costly change management process or loss of business. Lack of real time dynamic update of the operational process outputs, owing mainly to the operational constraints of a human which otherwise a computer or software can handle. Lack of component level budgeting and scheduling, thereby resulting in an improper understanding of effect of addition or deletion of components on the project health. Lack of direct co-relation of work done and performance assessment of operational staff, further perception-based assessment leads to attrition of resources that results in loss of investment made on the resource by the company and also loss of continuity. Distinctiveness Coplanar monitoring of cost, time and resource with dynamic real time update on a daily basis. Collaborative platform for information sharing and record keeping. Reliable seamless data backed with effective & dynamic change management system. Magnanimous amount of computation with respect to estimation, scheduling, budgeting, delay analysis, organisation chart and budgetary plan carried out in a very short span of time, creating a ripple effect of change of data across all these connected modules when initiated. Auto scheduling tailor made for real estate sector. Identifiable accountability and data-based performance assessment of all stakeholders basis approval matrix and responsibility matrix. Fault line analysis and immediate identification of risks and bottlenecks by means of an auto risk management facility. Generation of reports by any individual basis their need and requirement with data updated once in every twenty-four hours. Component level budgeting and scheduling with resource allocation. Eliminate decision-making process basis heuristic or incorrect data, rather incorporate decision-making basis analysed and real time updated data considering all related scenarios within a project. Thereby inculcating accountability in the team. Allow companies to follow the similar process across all projects and hence, allow them to analyse data to identify future improvement initiatives. Bring in new measures or benchmarks to plan and monitor a project (room wise budget, project health etc.). Facilitate journey of the organisation from reactive to predictive approach. Facilitate data collection at source.

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