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'Proper project management prevents cost, time overruns'

http://www.bluebytes.info | Jan 24, 2011

The Uttar Pradesh government last week stressed proper project management, especially for projects of mega budget scale, to avoid cost and time overruns...

The Uttar Pradesh government last week stressed proper project management, especially for projects of mega budget scale, to avoid cost and time overruns. Several mega projects in Uttar Pradesh, both underway and proposed, including Ganga Expressway and Yamuna Expressway, have witnessed initial budgets spiral apparently due to lack of proper project management and planning.

“Yamuna Expressway Project was estimated at Rs 3,000 crore, when it was first conceptualised in 2002. However, the project has not yet been completed due to unavoidable circumstances, while the cost has touched almost Rs 10,000 crore,” State Principal Secretary, infrastructure and industrial development V N Garg said.

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