CII held its 5th Regional Conference on Infrastructure Project Management and its approach to achieving sustainable infrastructure development in Mumbai Metropolitan region’.
There is a dire need for Integration of Project Management principles in an
Infrastructure Development to achieve the core objective of Sustainable Development particularly in Mumbai.
Speaking at the inaugural session Mr Sanjay Sethi, Additional Commission-
er, MMRDA said, “Economy, Efficiency and Environment, the 3 E’s of urban planning are always at conflict with each other while doing project management. He said that while the process is important to follow, the context is equally important in project planning”.
“In a city like Mumbai there would not be much scope for green field development. However there is scope for significant redevelopment because this is the only way the city will improve,” said Mr Sethi. He also said that the sustainability of projects need to be gauged at the conceptualization stage and the best combination of economy, efficiency and environment will make the project viable in the long run. The Maharashtra state government is presently focusing on transport infrastructure development by developing metro system, multimodal corridors, and national highways.
Mr Niranjan Hiranandani, Managing Director of the Hiranandani Group, applauded the efforts of both the Central and State Government for the several projects initiated for bridging the gap in the infrastructure requirement of the country. However he said there still exists a large gap in the country’s Infrastructure which needs to be addressed. He further highlighted how expectations from projects have now shifted with a reduction in execution timelines. This brings to the front the need to have effective Project Management.