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4 HPCL was established in 1952, operates from 500 different locations, including refineries, terminals, LPG plants, aviation service facilities, etc. They developed a Lotus Notes workflow tool and deployed it across the organisation so that any capital investment proposal from any operating location in the country can be routed to relevant reviewers and approving authorities. With the implementation of the new online system, the total cost savings as a result of reduced man-hours amounts to about Rs 25 lakh per annum. 1. What do you think would have been the complexities involved in implementing this new project at HPCL? 2. What are the various phases in the capital budgeting process? To what extent do you believe that automation can ease out the process?

October 31, 2013 By: Meliza Category: 1st SEM

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