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Apart from the efforts of me, the success of any project depends
largely on the encouragement and guidelines of many others.I
take this opportunity to express my gratitude to the people who
have been instrumental in the successful completion of this
project.
I can’t say thank you enough for tremendous support and help I
received from Mr.Bajirao, Industry Mentor. I feel motivated and
encouraged every time I interacted with him. Without his
encouragement and guidance this project would not have
materialized.
QUALITY POLICY
Committed to
Its services are offered all over INDIA and with some
of the reputed clients like Hindustan Petroleum
Corporation Ltd, ONGC, Bharat petroleum
Corporation Ltd., Reliance industries ltd, etc.
ACE’s quality Objectives
Project Period:-It gives the details about within what time all
mechanical as well as the commissioning part of the pipeline
should be completed.
Eg.
how much quantity of casing pipes of different diameter will be
required.
Payment Terms:-It gives the details about the payment terms like
when the owner will make the payment, which further depends
upon the percentage of completion of work.
Eg:-
Piping Material:-
A) 90% Of item rate will be paid on receipt of all material at site.
B) 10% on completion of testing, insulation, commissioning.
Civil Work:-
A)75% till completion of all work
B)25% on acceptance of completion of entire job.
Structural Steel:-
A)90% of item rate will be on receipt of all material at site
B)10% on completion of testing, insulation, commissioning
Details about liquidity damage:-it gives the details about how much
percentage of contract value as LD contractor have to pay for not
completing the project in time.
Details about Bank Garauntee :-It gives the details about how
much percentage of total project cost have to be kept aside in the
bank in the favour of contractee.
Test to be carried out:-It gives the details about which different test
the contractor have to be carried out while execution of the project
Eg :-
Non-destructive test(NDT)
Electronic Gauge pigging(EGP)
Hydrostatic test.
Naphtha
Motor Spirit(MS)
Soft Super kerosene Oil (Soft SKO)
Propylene
Details Of pipeline
Sr.No PIPELINE NAME UNDERGROUND ABOVEGROUND TOTAL
PILELINE PIPELINE LENGTH
LENGTH(Mtrs.) LENGTH(Mtrs.) (Mtrs.)
WHITE OIL TERMINAL PIPELINE DETAILS
1 14”FIRE WATER 903.16 460 1363.16
PIPELINE
2 10”ATF 903.16 749.22 1652.38
PIPELINE
3 14”NAPHTHA 903.16 749.22 1652.38
PIPELINE
4 16”MS PIPELINE 903.16 749.22 1652.38
Project Duration
Sr.No Terminals Details Duration(Months)
1 White Oil Terminal 10
2 LPG Terminal 8
Civil Work:-
A)75% till completion of all work
B)25% on acceptance of completion of entire job.
Structural Steel:-
A)90% of item rate will be on receipt of all material at site
B)10% on completion of testing, insulation, commissioning
Hydrostatic test.
Geotechnical Survey.
Ace pipeline Contracts Pvt.Ltd will have to pay 7.5 % of
project value per week as LD for not completing the project
ontime & 15 % of the project value as bank garuntee have to
keep aside.
BUDGETING
PROCUREMENT COST
RESEARCH METHODOLOGY
Finance Department
Account Department
Purchase Department
HR Department
Tendor Copy
Information Collected From Employees
For carrying
out NDT
through X-ray
2 10"ATF
52221 86289
1.65238
3 14" NAPHTHA
51000 84271
1.65238
4 16"MS
1.65238 49000 80967
5 16"HSD
1.65238 49000 80967
6 16"SKO/ATF
1.65238 49000 80967
7 24"SKO/HSD 44507
26935
1.65238
8 12"SSKO 1.05653 57053
54000
LPG terminal
To find out the budget of other expense first off all one must have
to analyse the execution of the project activity.
Eg.
Suppose one want to find out the labour requirement then as
at the starting of the project menpower requirement will be less as
in the starting all the topographical survey & documentation work
will be carried out & after few month the requirement of the
manpower will be more as project will lead to peak.& again at the
last menpower requirement will be less as at the last almost all the
task shall been completed.
Again depending upon the monthwise execution of the pipeline
project activity the requirement of the menpower will vary.
Desig
natio
n No JUN JUL AUG SEP OCT NOV
no amt no amt no amt no amt no amt no
acco 1001 2251 2251 2651 2651
unt 1 0 2 0 2 0 2 0 2 0 2
1033 2857 2857 3881 3881
cook 2 0 6 5 6 5 7 5 7 5 6
1100
diesel dispn. 1 5000 2 0 1 6000 1 6000 1 7500 1
documentati 1300 1300 1300 1300 1300
on 1 0 1 0 1 0 1 0 1 0 1
drive 2960 4292 4292 6409
r 1 7000 3 0 5 0 5 0 7 0 7
3900 1251 1042 6550 9034
engg 2 0 6 48 5 90 3 0 4 0 5
engg, 2700 4929
ndt 1 0 3 0
1800 1800 1800 1800 1800
p&a 1 0 1 0 1 0 1 0 1 0 1
1124 2024 4424 5124 5374
fitter 1 0 2 0 4 0 5 0 5 0 4
grind 1380 2800 5583 6082 6082
er 2 0 4 0 8 2 9 0 9 0 5
opera 3750 8601 9000 1119 8800
tor 3 0 8 6 8 0 10 30 8 0 7
6000 6000 6000 6000 6000
pm 1 0 1 0 1 0 1 0 1 0 1
rigger 1001 2002 1001 1501 1501
foreman 1 0 2 0 1 0 1 0 1 0 1
safety 1200 1200 1200 1200 1200
officer 1 0 1 0 1 0 1 0 1 0 1
super 5000 3000 1180 1144 1144
visor 2 0 2 0 6 00 6 20 6 30 6
surve 5500 6978 6978 4875 4500
yor 3 0 4 0 4 0 3 0 3 0 2
welding 1170 5971 6776 7073 7173
helper 3 0 15 5 17 0 18 0 18 0 18
weld 2020 1594 1581 1684 1819
er 1 0 11 40 12 75 13 60 13 00 10
welding 1200 1200 1200 1600 1600
supervisor 1 0 1 0 1 0 1 0 1 0 1
coating 1200 1200 3200 1600
supervisor 1 0 1 0 2 0 1 0 1
coating 3000 1800 1200 2070
hepler 5 0 3 0 2 0 3 0 2
electrician
hepler 1 4000 1 4000 1 4000 1 4000 1
electr 1441 1441 1441 1641
ician 2 0 2 0 2 0 2 0 1
welding 5400 5400
engg 2 0 2 0 2
fore 5000 2500 3500
man 2 0 1 0 1 0 1
gas
cutte
r 1 4500 1 4500 1 4500 1 5300 1
helpe 6111 9762 7246 7246
r 15 6 19 0 18 0 18 0 17
hydra
For making the equipment rental expense following steps must have to be f
1)first of all analyse the requirement of the equipment for the executi
2)Cheque the availability of required equipment for the execution of the pro
3)Depending upon the menpower how much will be the expense under diffe
Site Expense
A. Mess
Sr.No Head Qty. Rate Month Amt
1 Premises 2 4000 10 80000
2 Elect.& water 2000 10 35000
3 Fridge 2 10000 20000
4 Chairs 42 300 12600
5 Dinning Table 8 8000 64000
6 Kitchen Utensils 20000
7 LPG gas 10 110000
8 Grossary 10 500000
9 Misc. 40000
B. Campus Cost
Sr.No Head Qty. Rate Month Amt
1 Store room 2 40000 8 640000
2 Elect.& water 25000 10 250000
3 Illumination 100000
4 Fencing 150000
114000
Sub Total 0
C. Office Setup
Sr.No Head Qty. Rate Month Amt
Building Hire
1 Charges 1 40000 10 400000
2 Electricity 10000 10 100000
3 Chairs 15 900 13500
4 Drinking Water 4000 10 40000
5 Table 15 2000 30000
6 Filing Racks 20 3000 60000
7 Computers 12 30000 360000
8 Printers 3 5000 15000
9 Fax machines 1 6000 6000
10 AC 4 10000 40000
11 Fans 5 1000 5000
12 Tubelights 10 350 3500
13 Stationeries 60000
14 Misc. 50000
118300
Sub Total 0
320460
Total Site Expenses 0
For making the mobilization expense following steps should be taken:-
Taxes
By knowing all the estimated expense for different activities of the project on
CASHFLOW STATEMENT
In simple words Cash means Money,& there will be either cash inflow or cas
In project Cash inflow means the receipt of bills from the owner & cash ou
incurred for execution of project.
Cash inflow
Openinig Balance
Internal Funds
Loan details
Sales receipts
Cash Outflow
Procurement Cost
Loan payment
Eg.
For making the cash flow statement of inflows
first of all individual have to see what are the terms & condition of the payme
that when contractor will receive the bills.
And based on that only individual can get idea about the monthly earning of
Again depending upon the loan terms & conditions when we will
the loan term month wise.
Eg.
For procurement individual must have to make the preplanning ab
with the purchase department.
For the Subcontractor services expense & for other expenses indiv
& have to make analysis which activity will carry out in which month &
monthly expenses of that activity.
Budget gives the details about the overall expense of the project f
Cash flow statement gives the details about the monthwise expen
By making the budget of project individual can get idea about the
By making the budget individual can make the margin of the profit
The company will get idea about the running expense of the proje
The company can keep the track weather the estimated cost flow
also get idea about the efficiency level of the project.
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