Generally, the projects are the different practical assignments or tasks or missions connected with implementing or executing anything or any subject through the defined procedures includes the details such as the duration, budget, expense, income, benefits, beneficiaries, etcetera.
Further, the projects are the series of planned activities connected with any tasks, formally, practically carried out and, completed between the start and end through a team of professionals from the domestic or overseas or collaborative base on the request of an individual or the organizations.
Here, the words within the quotes “Projects on Trunkey Basis” means the completion of total practical activity by the organization for the organization as a package, under one roof, based on the requirement, followed by a systematic procedure and terms & conditions.
Generally, the projects consisting series of activities will carry out in three different stages and will vary with the facts of the project such as nature, size, location, numbers of activities involved, etcetera, and will complete as a package under one roof, is termed as Projects on Turnkey Basis.
The projects consist a number of activities if undertaken and completed on turnkey basis by a team employed with different professionals related to complete different types of works such as architecture, structural, civil, electrical, mechanical, human resource, maintenance, etcetera comparably there are many advantages for the investors.
The projects completed on a turnkey basis ensure many advantages for the investors, industrialists and new entrepreneurs such as reduced mental stress, hectic state, project completion time, investment, expense, overheads, etcetera, so that the production through the projects can start on the estimated time by just turn the key.
However, maintenance and safeguard the secrets, production technologies, details of the facilities, methods of inspection, compositions of the ingredients, treatment procedures, etcetera will be the major disadvantage when completing the projects on a turnkey basis.
The organization going to execute the project for another organization on a turnkey basis should have adequate experience, knowledge and, tie-ups with the relevant suppliers of different resources, transporters, equipment, fabricators, constructors, engineers, laboratories, well equipped machine shops and tool rooms, etcetera.
As per the study of the business scenario, implementing feasible projects is an important activity, going to play vital roles in every production lines and assembly lines installed for manufacturing different products with high quality at less price decide the stability of the industries, globally.
VEL CONSULTANCY And the group of VEL CONSULTANCY feels proud to inform that we are successfully doing Projects on Turnkey Basis, followed by the systematic procedure to the industries, manufacturing different products and different business for the past two decades would like to be a part of success of every client from any part of the world and expecting more opportunities to serve, the best.