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The Potential Impact of Implementing Project Management Strategies in Real Estate Smes of Pakistan a Case Study of Sahir Associates Pvt Ltd

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The Potential Impact of Implementing Project Management Strategies in Real Estate Smes of Pakistan a Case Study of Sahir Associates Pvt Ltd The Potential Impact of implementing Project Management strategies in Real Estate SMEs of Pakistan A Case Study of Sahir Associates Pvt Ltd. Luqman Khan 3/9/2013 MKM227 Postgraduate Dissertation Student Number: u0958424 Comments Max Actual Mark Mark Supervisor Comments: Introduction Identification of a valid topic, research question and objectives framed to nd Masters Level standard with academic 2 marker Comments: 10% rationale developed, clear industry contextualisation of the research topic Supervisor Comments: 25% Critical Literature Review Depth and breadth of literature search, U0958424 Page 2 nd engagement with seminal authors and 2 marker Comments: papers, evidence of a critical approach toward the scholarly literature Supervisor Comments: Research Methodology Evaluation of research philosophies and perspectives. Justification of 15% nd methodological approach, sampling 2 marker Comments: strategy, data analysis and reliability and validity measures as applicable Supervisor Comments: 35% U0958424 Page 3 Data Analysis and Interpretation Evidence of rigor in data analysis and interpretation procedures, identification of key patterns and themes in the research nd data, integration of academic theory into 2 marker Comments: explanation of findings Supervisor Comments: Conclusions and Recommendations Research question and objectives addressed with implications to theoretical and managerial concepts considered. 2nd marker Comments: 10% Recommendations provided for theory, practice and future research U0958424 Page 4 Supervisor Comments: Organisation, presentation and references. Well structured and ordered dissertation with correct use of grammar and syntax. In-text citation and bibliography 5% 2nd marker Comments: conforming to “Cite Them Right” First Marker Total Total 100% Second Marker Total U0958424 Page 5 Supervisor General Comments: Agreed Mark: 2nd Marker General Comments: Supervisor’s Name: ……………………………………….. Signature: ………………………… 2nd Marker’s Name: ………………………………………. Signature: ………………………… U0958424 Page 6 The Potential Impact of implementing Project Management strategies in Real Estate SMEs of Pakistan: a Case Study of Sahir Associates Pvt Ltd. A dissertation submitted in partial fulfillment of the requirements of the Royal Docks Business School, University of East London for the degree of MSc Project Management 3rd September 2013 Word count: 13100 I declare that no material contained in the thesis has been used in any other submission for an academic award Student Number:u0958424________________ Date:03/09/2013__________ U0958424 Page 7 Dissertation Deposit Agreement Libraries and Learning Services at UEL is compiling a collection of dissertations identified by academic staff as being of high quality. These dissertations will be included on ROAR the UEL Institutional Repository as examples for other students following the same courses in the future, and as a showcase of the best student work produced at UEL. This Agreement details the permission we seek from you as the author to make your dissertation available. It allows UEL to add it to ROAR and make it available to others. You can choose whether you only want the dissertation seen by other students and staff at UEL (“Closed Access”) or by everyone worldwide (“Open Access”). I DECLARE AS FOLLOWS: That I am the author and owner of the copyright in the Work and grant the University of East London a licence to make available the Work in digitised format through the Institutional Repository for the purposes of non-commercial research, private study, criticism, review and news reporting, illustration for teaching, and/or other educational purposes in electronic or print form That if my dissertation does include any substantial subsidiary material owned by third- party copyright holders, I have sought and obtained permission to include it in any version of my Work available in digital format via a stand-alone device or a communications network and that this permission encompasses the rights that I have granted to the University of East London. That I grant a non-exclusive licence to the University of East London and the user of the Work through this agreement. I retain all rights in the Work including my moral right to be identified as the author. That I agree for a relevant academic to nominate my Work for adding to ROAR if it meets their criteria for inclusion, but understand that only a few dissertations are selected. That if the repository administrators encounter problems with any digital file I supply, the administrators may change the format of the file. I also agree that the Institutional Repository administrators may, without changing content, migrate the Work to any medium or format for the purpose of future preservation and accessibility. That I have exercised reasonable care to ensure that the Work is original, and does not to the best of my knowledge break any UK law, infringe any third party's copyright or other Intellectual Property Right, or contain any confidential material. That I understand that the University of East London does not have any obligation to take legal action on behalf of myself, or other rights holders, in the event of infringement of intellectual property rights, breach of contract or of any other right, in the Work. U0958424 Page 8 I FURTHER DECLARE: That I can choose to declare my Work “Open Access”, available to anyone worldwide using ROAR without barriers and that files will also be available to automated agents, and may be searched and copied by text mining and plagiarism detection software. That if I do not choose the Open Access option, the Work will only be available for use by accredited UEL staff and students for a limited period of time. /cont U0958424 Page 9 Dissertation Details Field Name Details to complete Title of thesis The Potential Impact of implementing Full title, including any subtitle Project Management in Real Estate SMEs in Pakistan: a Case Study of Sahir Associates Pvt Ltd Author Khan,L. Separate the surname (family name) from the forenames, given names or initials with a comma, e.g. Smith, Andrew J. Supervisor(s)/advisor Unhale,M Format as for author. Author Affiliation UEL Royal Business School Name of school where you were based Qualification name MSc E.g. MA, MSc, MRes, PGDip Course Title Project Management The title of the course e.g. Date of Dissertation 2013-09 Date submitted in format: YYYY-MM Do you want to make the dissertation Open Access (on the public web) or Closed Access (for UEL users only)? Open Closed By returning this form electronically from a recognised UEL email address or UEL network system, I grant UEL the deposit agreement detailed above. I understand inclusion on and removal from ROAR is at UEL’s discretion. Name:Luqman Aziz Khan Signature: .Luqman Khan.................. Date: 03/09/2013.. U0958424 Page 10 Abstract Project Management demand has increased rapidly in today’s world. This phenomenon enables companies to achieve the need of cost effective, fast and quality oriented project deliveries. Many academics have published their work in the field of project management but most of the work is based on large organizations. This research is an attempt to evaluate project management implementation in Small and Medium entities (SMEs) in real estate sector of Pakistan. The research is based on a case study on Sahir Associates Pvt Ltd, a real estate company based in Lahore. In order to collect data from the company a series of semi-structured interviews (qualitative method) has been conducted with the company CEO and selected employees. The data collected from these interviews and a review on literature, a potential model for implementing project management in real estate SMEs of Pakistan has been established. The model shows how three basic objectives of project management which are time, cost and quality can be achieved by structural changes in the company. These changes include cost management, quality criteria, use of technology and use of modern Project Management principle PRINCE2.Similarly the study attempt to answer all research questions raised in the 1st chapter of the study with all the limitation and challenges during the research. Finally using the model, the research highlights on further recommendations for Sahir Associates Pvt Ltd and for the industry overall. U0958424 Page 11 Acknowledgements This dissertation has been made with full committed and wide research on the topic. This research has enhanced my skills in project management and has helped to understand the subject more deeply. I would like the opportunity to thank Mr. Manish Unhale (Dissertation Supervisor) for supporting and guiding me throughout the research. This research would not be possible without the moral support of my brother Usman Khan. His guidance and morale support enabled me to improve my research skills and finish this remarkable journey. Finally I would like to thank Al-might Allah, my parents and my friends for their prayers. Luqman Aziz Khan U0958424 MSc. Project Management U0958424 Page 12 Contents Chapter 1: Introduction .............................................................................................................................. 16 1.1 Chapter Introduction ........................................................................................................................ 16 1.2 Introduction ...................................................................................................................................... 16 1.3 Research Background .......................................................................................................................
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