India, the seventh largest economy by nominal GDP and the third largest by the purchasing power parity is expected to be the third largest construction market globally by 2025. As per reports, by 2025, the construction output is expected to grow on average by 7.1 percent each year and with the allowance of 100 percent FDI under automatic route in completed projects for operations and management of townships, malls/shopping complexes and business constructions, it seems all the more plausible.
However, one of the major causes of concerns in the construction ecosystem is the lack of apt Project Management and with a infrastructural investment of more than Rs 1 trillion (2012-2017), lack of accountability, improper risk management, ambiguous contingency plan do tend to creep in. Couple that with a total of more than 44 million actively involved people, the Indian construction industry is bound to come across stints of inadequately skilled personnel, undefined goals, scope changes, poor communications, resource deprivation and lack of stakeholder engagement.
In this milieu, Fidesto Projects Private Limited, a professional Project Management Company, has incorporated a 3600 vision and approach towards Project Management with the motive to serve their esteemed Clients for their projects.
Extended Hands for respected Clients
Derived from the word ‘fides’ which means loyal, reliable and responsible, Fidesto has adopted a 3H approach, i.e. Humbleness, Honesty and Hardwork to provide professional, dedicated and value based project management services to their respected clients. It acts as extended hands for respected clients and works as Single Point of Contact (SPOC) on client’s behalf for complete project management. Fidesto involves itself in overall planning, design coordination, award strategy and award process, monitoring, controlling quality, safety and hand over of the project in order to produce a functionally and financially viable project.
Once entrusted, Fidesto takes over the project from its conceptualisation to design development to whole developments through the active participation of competent and well qualified design and execution team. Banking on their experience, Fidesto not only implements its ‘Standard Operating Procedures’ (to ensure Design Coordination, Quality, Safety, Progress, HSE, Cost Management and much more), but also forecasts upcoming challenges, and acts with necessary solutions to safeguard the project.
The aforementioned 3600 approach involves –
- Site Reconnaissance
- Team Consultants Finalisation through the Process of RFP/ Proposal/ Discussion/ Negotiation/ Clients Feedback/ Rating Matrix/ Award.
- Concept Briefing
- Coordination for various Applicable Approvals from Authority
- Project Scheduling (Macro level)
- Design Management (Coordination with Architect/ Consultants to get the design done from Concept Design to Good for Construction Drawings and BOQ/ Estimation Stage.)
- Project Budgeting
- Tender Packages Strategy
- Value Engineering
- Award Process
- HSE Planning
- Award as per Project Schedule
- Drawing Review and Coordination for closure for Execution
- Site Logistics Review and Implementation through Contractors
- Coordination with Contractors and Team Consultants for proper Site Execution
- Quality Assurance & Quality Control
- Site Supervision and Progress monitoring
- Cost Management
- Safety & Quality Audits.
- Snagging & De-snagging Coordination
- Project Closeout Report including “As – Built” Drawings, Final Billing Closure for all Contractors/ Vendors and Learning & Experiences, etc.
Aiming for the best, delivering only best
A university gold medal awardee in his graduation in Civil Engineering from Amravati University and a Masters of Engineering from IIT Roorkee and MBA in finance with over 22 years of experience in project management, project planning, project execution and management, the Director of Fidesto, Vipul Garg has worked with various government sectors through UPSC for UP irrigation department and has even held fifth rank in UPSC. Along with experience in corporates like Birla Group, Desein Group, Feedback ventures and AIPL Group. Vipul has published technical papers in national and international journals which even earned him the L&T ECC Award for technical presentation on Concrete Technology.
With such an able visionary at the helm of affairs, Fidesto has reached the figure of 50 lakh square feet (approx.) BUA for project management for various high rise projects and the entire credit to it is shared amongst the team at Fidesto called the ‘Fidesto Family’. The family like work culture that enables authority to explore and implement ideas has however acted as a catalyst in the process at Fidesto. The Processes gets strengthened by periodical issuances of ‘Working Manuals’. Believing firmly that ‘only Work, Works’, Fidesto involves its team including senior officials and owners in each project irrespective of quantum to utilise their experience for good of the projects.
Harbouring its biggest asset: Team
Along with fortnightly regular Design Coordination Meeting (DCM), Fortnightly Regular Conference Call (CC), Fortnightly Project Updation to Clients, Weekly Internal Site Updation, Monthly Progress Report (MPR) and Monthly Construction Updates to all Consultants, full focus on soft skills in addition to the software skills is also considered for the Fidesto Family. Regular Team Training on Technical and Managerial aspects is a routine in Fidesto. Fidesto carries out periodical social gatherings, takes care of every individual, management’s and team’s involvement in all good or crucial times for Team’s families. Fidesto has adopted a pro-active and systematic approach and Vipul’s guidance is there at every step for growth of the individual and Company.
It is due to such fine attributes that Fidesto has earned the adulations from some of the best in the industry like the Rucha Group, Yashvastu Group, Shah Developers and Promoters, Bhumiraj Group, Kakkad Group, Sense Wellness (Wave Group), AGI Infra, Old World Hospitality, Apratim Group, Vaswani 108 Lifespaces, Vighnadanta Reality, Prathamesh AOP and many others.
Fidesto and its team prides itself in forecasting a problem even before it crops up and tackling it event before it becomes a concern to its client.