CM4050 - Directed Research Projects - By Amit Shah
CM4050- Directed Research Projects
Faculty: Amit Shah
Enhancing ERP Efficiency: Cost optimization and Risk Management for Labor and Material automation
In the Indian real estate sector, managing large-scale projects
requires meticulous planning, coordination, and execution. The complexities involved in real
estate projects, including fluctuating labor costs, dynamic material prices, and ever-evolving
project scopes, pose significant challenges to timely and cost-efficient delivery. As the
industry contributes substantially to India's GDP and urban development, there is a growing
need for adopting advanced tools and methodologies to streamline project management
processes. Enterprise Resource Planning (ERP) solutions like SAP (Systems, Applications, and
Products in Data Processing) have emerged as critical enablers for managing real estate
projects.