p r o j e c t m a n a g e m e n t
Management of Human beings by Human beings
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Large Projects will have a gestation ( construction) period of 1 to 2 years before they commence commercial operations. The company has only cash outflows during this period for capex and preoperative expenses.
Delay in project execution can increase capex and other costs. This increased costs have to be borne by either increasing the sale price per unit or by absorbing it as a cost of sale.
Hence large projects run the risk of beginning operations with net losses or lower than projected profits if the estimated gestation period stretches beyond a reasonable limit.
Project Management by A R M E International can professionally ensure timely commencement of commercial operations and curtailing cost overruns to the extent possible.
Delay in project execution can increase capex and other costs. This increased costs have to be borne by either increasing the sale price per unit or by absorbing it as a cost of sale.
Hence large projects run the risk of beginning operations with net losses or lower than projected profits if the estimated gestation period stretches beyond a reasonable limit.
Project Management by A R M E International can professionally ensure timely commencement of commercial operations and curtailing cost overruns to the extent possible.