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The Konkan Railway Project is a landmark in project management history. Through this mega project management experience, Dr. E Sreedharan explains how one should be ready to face anything that comes your way. Visit: https://pmi.org.in/videoseries/railway/seo-article
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Konkan Railway – A Milestone in Project Management Dr. E Sreedharan’sProject Management Approach
An Introduction to theKonkan Railway Project Konkan Railway, as you are all aware is a 760-kilometer long broad gauge railway line connecting Mumbai to Mangalore along the West Coast of the country. This line passes through one of the most difficult terrains ever encountered in the history of railway construction in this country. In the seven years that it took to finish the construction of the rail line between Roha and Mangalore, the Konkan Railway project had to face many problems. But the most challenging job on this railway project was not the technical hurdles facing the project but raising the funds for the development.
An Introduction to the Konkan Railway Project That was the first time that the railways decided that the Konkan Railway project should be constructed with borrowed money. The Railways was prepared to give only one-third of the cost of the project and two-thirds of the cost had to be raised from the market on a BOT basis – Build, Operate and Transfer basis. With government’s minimal participation in funding, most of the funds required for the project came from private agencies.
Dr. E Sreedharan’s Project Management Approach To get this project completed, Dr. E Sreedharan put in thoughtful efforts to overcome the difficulties and shortcomings he had faced at various junctures of the project. He thought of very dynamic and transparent style of project management techniques. While executing this project, a number of new ideas, new techniques, and new initiatives were brought in, which briefly made the project a huge success.
Mega Project Management Experience The Konkan Railway Project is a landmark in project management history. Through this mega project management experience, Dr. E Sreedharan explains how one should be ready to face anything that comes your way. The project may be complex, but with the right project management techniques and execution, one can accomplish the goal with desired results. Overall, Konkan Railway Project is a good learning for other similar infrastructure projects.
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