Proposal for X Plan Grants for setting up a Research Facility 1. Name of the Faculty Member: Dr. Parameshwar P. Iyer 2. Research Area : Knowledge – Based Project Systems Design and Analysis (KBPSDA) 3. Research Relevance to IISc: A brief outline of the proposed research area and the proposed facility is given in the following paragraphs: 3.1 Introduction: India’s XI Five Year Plan is expected to call for an expenditure of over Rs.15,00,000 crores in industry, and another Rs. 4,00,000 crores in infrastructure. For several decades now, India’s Plan expenditure has occurred through thousands of projects, which have unfortunately often been plagued by cost over-runs and delays in completion. Various estimates of cost over-runs due to longer elapsed time in completing projects have added between 15 to 50 per cent of the estimated costs of these projects. We believe, as do many other researchers and project professionals, that the key to tackling such “chronic” problems is to improve the quality of project planning, project management, and project monitoring; It is also postulated that developing competencies and skills in Knowledge – Based Project Systems Design and Analysis (KBPSDA) will go a long way in managing national projects in a more scientific and rational way. 3.2 Proposed Research: The areas of concern that will be addresses in the proposed research in this area of KBPSDA are as follows: 3.2.1 How can basic concepts of systems dynamics, such as bond graph techniques, be brought into developing a better holistic understanding of the dynamics of complex, mega projects? 3.2.2 How can the knowledge, so developed, be meaningfully institutionalized, and the lessons learnt be shared across all stake-holders? 3.2.3 Can we use Information Technology and Knowledge Management, along with the basic concepts of Systems Dynamics, to better design and analyze large national projects, such as in power, health, and infrastructure sectors? 3.3Setting up the Research Facility: In terms of the infrastructure that needs to be created for commencing this area of research, considerable facilities will be required in hardware, software, and learning resources that will be partly available, and partly needs to be synthesized. To start with, the following facilities will be immediately required to kick-start the proposed work: 1. 2. 3. 4. Multi media server, with associated software (for learning lab) Industry Intelligence Reports for Mega Project Sectors Economic Databases for Power and Health Sector Projects Minor infrastructure requirements for KBPSDA Lab 4. Budget: 1. 2. 3. 4. Multi media server, with associated software (for learning lab): Rs. 3 lakhs; Industry Intelligence Reports for Mega Project Sectors: Rs. 2.5 lakhs; Economic Databases for Power and Health Sector Projects: Rs. 2.0 lakhs; and Minor infrastructure requirements for KBPSDA Lab: Rs. 1.0 lakh Total Estimated Funds Required: Rs. 8.5 lakhs 5. Operation: It is expected that this research facility will be operated and maintained in the Department of Management Studies at IISc. Initially, the facility will be created as an IISc Facility, but we hope to make this a significant National Facility in the years to come. We are simultaneously seeking financial support from industry (in the form of a Consultancy Project from NTPC), and will soon prepare a formal Research Project proposal for Government-agency funding as well 6. Past Funds Received, if any: So far, no funds have been received from IISc for this research facility. However, a separate application has been recently made to the Director, IISc, seeking a Special Grant to initiate this research area, as the faculty member concerned has recently joined the Department of Management Studies as a Full Time Faculty. We have received partial finance assistance in the form of a couple of Consultancy Projects, chiefly a grant from the National Thermal Power Corporation Ltd (NTPC), for carrying out a Study to Strengthen and Restructure the R&D Center at NTPC. Soon, a formal proposal will also be submitted to a Government funding agency for a Sponsored Research Project. Date: Signature of Faculty Member