Pre-feasibility report on computer institute I.T smeda
- 1. PRE-FEASIBILITY REPORT ON I.T COMPUTER INSTITUTE PRESENTED BY: UMAIR KHAN PRESENTED TO: SIR M.AFZAAL SHAH
- 2. INTRODUCTION: Project Brief: The market for I.T industries in Pakistan has been developing steadily over the last decade and a mushroom growth of INSTITUE and CENTRE is being observed a good potential still exists for given quality, learning ,and training about I.T. In Pakistan is emerging as a newly/highly develop conscious society. The institute only established in KARACHI, LAHORE and ISLAMABAD. The purpose of this INSTITUTE will provide facilities of computer courses to male and female students and will offer training, services provides to its students and improve their I.T skill/experience and increase knowledge. (i.e. for both males and female through qualified instructors / trainers and courses mentioned below).This document describes the investment opportunity about setting up a Computer institute of providing skill & training services in Information Technology. The institute can start mainly by offering 8 short courses and with the passage of time can venture to develop into a proper certificate awarding authority. HARDWARE & NETWORKING WEB DESIGNING CERTIFICATE INFORMATION TECHNOLOGY MICROSOFT OFFICE COMPUTERIZED ACCOUNTING WEB DEVELOPMENT AUTO CAD GRAPHIC DESIGNING
- 3. Installed and operational capacity: A Computer Institute is a service offering business and there depend on Market size on potential customer. Total capacity of the institute, However for this particular set up, it is expected that a minimum of 8 courses offerings and a minimum of 8-10 students first year in per class 3 days in a week. The capacity of the proposed Institute at any point in time is 20-25 students in the per day classes. However, the capacity can be increased if the number of prospective students increase in future. The maximum capacity utilization is assumed at 25 student per class and class separated on each Course so 150 students will be attained 4 years of operation. Description Details Total Capacity of the Institute (students per day) 150 Capacity Utilization in 1st Year @23% (i.e. 35 members) Maximum Capacity Utilization @86% (i.e. 130members) Years to Attain Maximum Capacity Utilization 4 Sessions of Operations 2 Sessions (4 & 6 Hour Each) Morning Sessions (9 AM – 1 PM) Evening Sessions (2 PM – 8 PM) Ratio of Male and Female Members 70% Male : 30% Female Time Slots for Males and Female Members Males: 10 Hours Females: 6 Hours
- 4. Proposed Courses: Following courses, suggested fees & expected number of students are proposed for the institute. (6 month course ) week day in MWF and (4 month course) week day in TTS. The proposed institute will operate in two different sessions of four hours each in the morning and six hour in evening on daily basis timing 9a.m to 8p.m except 1p.m to 2p.m. (lunch break) S.NO NAME OF THE COURSE EXPECTED STUDENTS SUGGESTED FEE/LUMPSUM/ADMISSION DURATION (MONTHS) MWF/TTS NO. OF COURSES/YE AR 1 HARDWARE & NETWORKING 8 6,000 4 (TTS) 3 2 WEB DESIGNING 8 10,000 6 (MWF) 2 3 CERTIFICATE INFORMATION TECHNOLOGY 10 15,000 6 (MWF) 2 4 MICROSOFT OFFICE 10 8,000 4 (TTS) 3 5 COMPUTERIZED ACCOUNTING 8 12,000 6 (MWF) 2 6 WEB DEVELOPMENT 8 10,000 6 (MWF) 2 7 AUTO CAD 8 8,000 4 (TTS) 3 8 GRAPHIC DESIGNING 10 10,000 4 (TTS) 3
- 5. CRITICAL SUCCESS FACTORS : Ability to hire good quality faculty will eventually determine the success of the venture. Other critical success factors are the number of courses being offered in the institute and the environment and facilities offered. Give extra session of student before paper Selection of an appropriate location. Selection of affordable and quality machinery & equipment of high configuration to run the large software. Such as core i5 Collaboration/authorized registered on issue certificate such as CISCO,VTI,TTB etc. Marketing and promotion through various media. Regulations: Tax holiday for IT companies and institutions up to the year 2016. Low Custom Duty (5%) on import of IT related Equipment. Withholding Tax has also been brought down from 6% to 1%
- 6. Target Market: The target market for an IT Institute can be divided into subgroups depending on different criteria. These market segments will depend primarily on the city and locality in which this institute is to be established. However, for simplicity, this target market can be divided into two major groups. 1. Students School/College going students taking part time courses Full time IT Students 2. Professionals The target customers for institute are the population of big cities having age group of 18 to 50 years. Use Mass, Print and electronic media to promoted and personally message and give fee discounted offer (doing 2 or more course) MAJOR REQUIREMENT:
- 7. POST Number of Positions Expected Salary (Rs/person/month) Principal / CEO (Owner Manager) 1 25,000 FACULTY: HARDWARE & NETWORKING 1 8,000 C.I.T & MICROSOFT OFFICE 2 16,000 GRAPHIC & WEB DESIGNING 2 20,000 COMPUTERIZED ACCOUNTING 1 12,000 WEB DEVELOPMENT 1 15,000 AUTO CAD 1 10,000 ADMINISTRATION STAFF: Security Guards 2 5,000 Lab Supervisors 2 8,000 Receptionist 1 10,000 Office Boys 2 6,000 Total 16 135,000
- 8. MACHINE REQURIEMENT: Equipment configuration: The minimum specifications that these PCs should have: Processor 3 GH/ Dual core 2 GB RAM 80GB Hard Disk 40X CD Drive/DVD combo 1.44 MB Floppy 15" monitor/21” L.C.D NIC (Network Interface Card) Equipment Units Cost Total Cost Computers 25 20,000 500,000 Printers 2 15,000 30,000 Stand by Generator 15 kva 1 13,0000 13,0000 Server 1 60,000 60,000 Server (ups) 1 25,000 25,000 Hubs & Nodes 12 16500 198000 Cabling (Feet) & Patch Cables 1050 50 52500 Panels 2 3,000 6000 Total Machinery Cost 1094 269550 797,750
- 9. Office Equipment & Furniture: Media Projector 1 167,000 Multimedia Projector 1 96,000 Telephones 3 2,895 Total Office Equipment 4 265,895 LAND & BUILDING: Description Space in Sq. ft. Management building 250 Class Rooms 480 Cafeteria 120 IT Room 320 Pavement/driveway 176 Total Space Requirement 1,346
- 10. FINANCIAL ANALYSIS: Project Cost summary: Capital Investment RS Machinery & equipment 797,750 Furniture & fixtures 365,000 Office equipment 265,895 Pre-operating costs 58,000 Total Capital Costs 1,491,645 Working Capital RS Pre-paid building rent 192,000 Pre-paid insurance payment 39,888 Cash 236,673 Total Working Capital 572,057 Total Investment 1,960,206
- 11. Project Cost: The institute will be established in a rented premise having a covered area of 5,800 sq. and should be centrally located within a residential & commercial society to provide easy access to its students. The purpose will have capacity the institute is designed to provide high quality education services to IT industry. An optimum ration of one PC to one student has been used. The institute will have two classrooms computer labs equipped with twenty-two computers linked through a network, one media projector in each lab and proper air conditioning facilities and provide qualified skill faculty also 24 hours free and unlimited Internet access to students is recommended. Total investment in the project is around Rs 1.9 million including a working capital requirement of Rs 0.46 million. Total Investment (Rs) 1,960,206 Capital Cost 1,491,645 Working Capital 468,561
- 12. Project Economics: Project IRR 44% Payback Period (yrs.) 4.5 REVENUE GENERATION FIRST YEAR: Product Max Capacity Fee (Rs.) First Year capacity utilization 23% First Year Revenue (Rs) STUDENT 150 - 35 ADMISSION FEE - 2500 - 875,00 MONTHLY FEE - 9,875 - 345,625 TOTAL 150 149000 35 433,125