- Solution to take care of both Enterprise wide Project Management and Contract Management for Vatika Group’s projects in Gurgaon and Jaipur.
- Real estate projects using this solution to reduce total project cost by 8-10 % and time up to 10 %
KLG Systel, a leading software development and Organization Life Cycle Solutions Company announced the deployment of their state of the art Enterprise Project Management (EPM) solution for the Vatika Group a leading real estate and hospitality company. The solution is scheduled to span the entire lifecycle of real estate project from the stage of planning, building, developing and operating. It will encapsulate all disciplines of engineering that need very precise and detailed planning. The suite offers modules that allow resource planning, coordinating workflows and monitor projects centrally along with variance, thus reducing costs, project planning times and avoiding version conflicts. The initial phase will see deployment of this solution in Vatika Group’s IT SEZ Park, Jaipur and followed by other mega projects in Gurgaon and Jaipur
This solution is a customized tool for real estate project management, which will deal with schedules in defined EPS nodes by dividing the projects into various zones. It will facilitate the creation of virtual project spaces where personnel working on various projects will be linked through an Internet-based network. The project collaboration will thus automate cross-function business processes securely on the Web, simplifying project planning and implementation. It will generate periodic MIS reports for the top management by utilising the standard and precise reporting formats of the software.
Information will be available in form of alerts/ dashboards for top management. It will monitor variance in target dates to take corrective action to avoid overall project delays. Critical information will be available for viewing to various stake holders for proactive action. It will also capture Knowledge (Methodologies) so as to eliminate repetition of similar work.Risk mitigation and control by effective usage of thresh-holds are also built in.
According to Mr. Mukesh Arora, CEO, KLG Systel Ltd. “Today real estate projects come saddled with a large number of risks and uncertainties – delayed regulatory approvals, cash flow hiccups, changing business conditions, change of scope, technology breakthroughs, and resource constraints. Hence it is imperative for every player to have a flexible management tool that will enable the company as a whole and the individuals involved in independent projects to concertedly ensure project success for every venture. KLG Systel offers State-of-the-art enterprise project management (EPM) solution which presents a comprehensive, multi-project planning and controlling solution. This solution offers the project managers an internationally-tested IT tool for setting up real project.”
He further added, “This solution has helped many real estate players to achieve great success in business performance across multiple projects. It is the current international phenomenon and a must for multi project organizations. In India also, the new economy has brought along with it a paradigm shift in widespread adoption of IT in real estate.”
About KLG Systel
KLG Systel is a leading ‘Knowledge company’ in India providing IT-centric, organization-life-cycle software solutions, consultancy, support and training and services to organizations in the process, power, manufacturing and infrastructure sectors.
KLG’s business model is a blend of industry domain knowledge and core IT/IS technology from industry leading partners such as Oracle, Microsoft, Invensys (Wonderware), Primavera, Autodesk, COADE, Intermec and Z-Corp. This model addresses the needs of a very wide spectrum of customers that includes the Top 500 Indian companies (Government & Private Sector) and Indian arms of the Fortune 500 companies.
About Vatika Group.
The Vatika Group of companies, incorporated in 1991, has its business interests in Commercial and Residential Real Estate Development, Farmland Development, Facilities Management, Shopping Malls, Resorts, Business Centers, Restaurants and Fitness Centres. The Group has created projects that touch every walk of life and human endeavour, while setting new benchmarks in quality. The group enjoys a market value of over 7800 crores and has a huge reserves of goodwill hat has led to some of the biggest names in the corporate world putting their trust in it. Today, each development that bears the insignia of the Vatika Group, upholds quality assurance of unfaltering excellence be it of design, technology or function.
For more information, please visit www.vatikagroup.com or contact:
KLG SYSTEL LIMITED
Unit 3-6, Tower A, Ground Floor,
Unitech Business Park,
F- Block, South City -1
Sector 41, Gurgaon - 122 001 (INDIA)