Skip to main content

A Talk on Project Management and Strategic Planning

A guest lecture was delivered by Mr. Aditya Kumar, Solution Transformation Leader, Schneider Electric on 11th Jan, 2013. He has specialized in Project Planning, Contract & Risk Management, Turnkey Projects, Business Processes, Energy Management, Building Project organization and thus his talk was focused on these aspects. He discussed that how the strategy and project management go hand in hand. Just as strategies and ideas lead to new projects, similarly, project results drive changes and give rise to new strategies and innovations.

He explained that a project is a venture undertaken to produce a product or service. Project management is the discipline of planning, organizing, procuring and managing resources to bring about the successful completion of project by the application of skills, knowledge, tools and techniques and meet the need and expectations of all the parties who are directly or indirectly interested in the project. The main challenge with project management is to achieve the project goal and objectives while honoring the preconceived project constraints. Typical constraints are scope, time, and budget. Secondary and ambitious challenges are to optimize the allocation and integration of inputs necessary to meet pre-defined objectives..

Mr Kumar explained the process of Strategic planning of project management into following steps:
-          Project initiation (Prepare charter, Identify interested parties)
-          Project planning and design (Specify quality, schedule, resource, communication and activities
-          Project execution (Perform all the planned activities)
-          Project monitoring and controlling (Ensure quality, cost and schedule)
-          Project completion (Closing and Review)

Mr Kumar stressed the need of project management for Strategic planning. Various principles of project Management such as BCG Matrix drills down strategic direction to strategic initiative, running the initiative and driving the initiative by project management officer were also discussed in brief.

He told us that India operation for Schneider Electric comprises of 17000+ people, 1000+ R&amp, D people, 30000+ POS in India, geographical presence across 21 cities in India. Schneider Electric stands No.1 in world and No.3 in India in Energy Management sector. Discussing modus operandi in Indian scenario for key Energy Management projects, he said his company is consistently involved in bringing new technology and better efficiency for optimum energy utilization in core sectors. In energy projects they were able to bring about 30% reductions in energy bills. The company is more focused in penetrating the rural sector which has immense potential, to this regard he quoted-“You need to have India for India offer”.

To conclude, He highlighted that for a successful completion of project the requirement lies in-:
-          Good coordination among the groups in project team
-          Good synchronization between project manager, team members and the stakeholders.
-          "Double your top line, Reduce your workforce”
-          Some projects can create to investigate an issue
-          Failure happens – Learn from failure.
-          Leveraging project Management in strategy, planning and deployment.
Mr Kumar made a lively presentation on the subject and retained the attention of the students by giving live examples, the best one being evaluation of energy efficiency of Airtel India. To sum up the guest lecture was quite enjoyed and liked by students and faculties.

Manoj Jhawar
Events and Seminars, PR & Media Cell
MBA, IME, IIT Kanpur


  1. These points are very important for MBA students, this is the reason that almost every MBA College in Bangalore and other metro cities, organizing programs which can help students in enhancing their interpersonal skills. By these programs students are getting familiar with corporate culture as well as they are getting capable to tackle any odd happening.

  2. This blog is very informative.. Great work.. MBA in Strategy along with its eligibility, admission procedure, Top colleges and career prospect..


Post a Comment

Popular posts from this blog

The Dawn of A New Beginning - MBA Batch 2017-19

“Opportunities multiply as they are seized.” -Sun Tzu

‘I am an IITian’, even after two months here at IIT Kanpur this one line still fills our heart with excitement. Each one among the 54 students here who have started the journey into the MBA programme of IIT Kanpur, batch of 2017-19, feels that pride and with that equally realizes the responsibility it carries.
We started our journey here on 20th July. Meeting our batch mates for the first time still feels thrilling. Though we knew each other through the whatsapp/facebook group that was created by our seniors to make our registration process as smooth as possible. We were given several assignments before the registration to give us an inkling of the idea of how life at IIT Kanpur is going to be. Assignments were planned in a way such that we get a hands-on experience on case studies, presentations, group activities and article reading. We began burning the midnight oil as a precursor to actually doing it, and how! These assignments u…

Tips from Top - "Various dimensions of leadership." Mr Amit Kasliwal, India Head - Corporate Sales, Ford India.

Leadership is one of the most desired traits for success in life and MBA students at IIT Kanpur were fortunate to get a fresh perspective on the topic from the top echelon of corporate world, when Mr Amit Kasliwal, India head of corporate sales at Ford India visited the campus to interact with the students.

Sir described leadership as the zeal to identify and solve problems. Citing an example, sir said that India has a myriad of problems and out of those; transportation was one of the major issues. Ford is dedicated to solve this problem. Talking specifically about the corporate sales department, he told that by selling cars to taxi operators, they created entrepreneurs, thereby solving the problem of job creation at that level.   
Further describing leadership, sir claimed that a leader must have a long term view, and should be enthusiastic about other’s agenda, thereby creating opportunities and ‘win-win’ situations. According to sir, and rightly so, sustainable leadership can be …

International Exposure: Japan, Utkarsh Maurya, MBA 2nd Year

JENESYS 2016 from 27th Feb to 7 March 2017. About JENESYS 2016 The Ministry of Foreign Affairs of Japan promotes people-to-people exchanges between Japan and the various nations of the Asia-Pacific, North America, Europe, Latin America, and the Caribbean regions. The Asian and Oceanian regional component of this exchange program is called “JENESYS 2016”- Japan-East Asia Network of Exchange for Students and Youths. Around 250 students and working professionals were invited for the 7th batch of JENESYS 2016 (Theme: Economics) from 12 countries: India, Indonesia, Cambodia, Philippines, Singapore, Timor-Leste, Thailand, Laos, Malaysia, Myanmar, Brunei and Vietnam. The objective is to promote mutual trust and understanding among the people of Japan and participating countries, and regions, to build a basis for future friendship and cooperation. The Indian Delegation 23 youths were selected from India; out of them 15 were students and the rest were working professionals. From IIT Kanpur, 3 stud…