Karachi Racing Club

Presented by :Waqar Jamshaid Nazim Ali Dawood Ali M Umer Shoaib M Naeem Faisal Arshad Nabeel Saleem

Presented To: Arshad Haroon

Stake HoldersMaster planPermits & ApprovalsDefining Project PlanningProject ScopeCost Benefits Analysis Recommendation

Contents:

Introduction

• Jinnah International circuit will be Pakistan’s motor racing circuit in Bahria Town Shahra-e-Firdos Karachi

• Annual First Pakistan Grand racing was first hosted on 1st January 2015 on this circuit

• The track was officially inaugurated on 25 December 2014

Stake Holders

• Pakistan Olympic Association (POA)• Federation international Automobile (FIA)• Formula One Administration (FOA)• Bahria Town• Project Team

Nazim Ali

Master Plan

It is a part of Government of Pakistan and Bahria Town sports city. The master plan includes a cricket stadium, a golf course, a hockey stadium and a sports academy for which partnerships have already been signed with the other companies.

Permits & Approvals

• Pakistan Olympic Association (POA)• The Federal Government• Government of Sindh• Ministry of Planning and Development• Ministry of Sports• Federation international Automobile (FIA)

Dawood Ali

Defining Project

• GoalsBuilding State of the Art, Internationally acceptable formula 1 racing track

• Tasks– Financing– Material Arrangements– Transportation– Forecasting– Operation Management

Planning

• Budget–Design– Equipment–Material– Labor–Documents & legislation– Forecasting

M Umer Shoaib

Planning

• Resources– Bestway Cement,– Askari Cement– ITTEFAQ Steels– Local suppliers (Sand,

Crush, Bricks)– Boss furniture– Machinery

Planning

Executing

Risks:

• Weather Risks • Political Risks• Finance Risks

Planning

M Naeem

Planning

• Staffing– Project Manager– Assistants– Engineers– Architects– Skilled workers– Unskilled workers

Planning

Executing

• Status ReportsStatus reports will be generated every 3 months.• ChangesChanges will be applied if needed upon consensus of the team.– But the expected changes in the project are:• Time• Risk plan

Executing

Faisal Arshad

Project Scope• DeliverablesThe project is supposed to be completed in almost 12months. Starting from 1st of Jan 2014 & completing till 31st Dec, 2014

Sr. # Event Starting Date Ending Date Total Days

1 Track Part 1 1st June, 2014 31th July, 2014 702 Track part 2 1st Aug, 2014 30th Sep, 2014 603 Track part 3 1st Oct, 2014 30th Nov, 2014 604 Track part 4 1st Dec, 2014 31st Jan, 2014 555 Stands, Buildings 15th Jan, 2014 13th Feb, 2014 686 Rooms, Halls & Parking

Area14th Feb, 2014 15th Mar, 2014 30

7 Furniture 16th Mar, 2014 31st Mar, 2014 16Total Days 359

Project Scope

• Track DesignIt must be approved 90 days before the event by the FIA. The geometry of track must be in accordance to the formula set out by FIA

Project Scope

Work Breakdown Structure

Nabeel Saleem

Budget & Cost Estimation

Economic Benefits

• Each individual will pay a ticket of Rs.200 and estimate 15 million people come over there yearly.

• Employment opportunities for around 10,000 people.

• An immediate boost for the tourism and hotel industry.

• Enjoyment

300 Crores

60 Crores

30 Crores

35 Crores

1Cost Benefits Analysis

Total Cost Total Benefits 400 Crores 425 Crores

Recommendation:By see all this scenario Government should do this project . because the total cost of project is 400 crores and the total benefit is 425 crores.

THANK YOU