Is there any guideline for classification of infrastructure projects as major and minor in an Indian context.
Some literatures hinted at risk levels as means of classifying projects into major and minor and mega.
However, simply on the basis of project value and sector, is there any guideline for such a classification? looking for such a guideline for applying in indian infrastructure projects.
India Infrastructure Reports (IIR) published by IIM-A may be a good source.
Well, project value is commonly used for determining the scale (major or minor) of one project, even in Malaysia. Another way of classifying infrastructure projects is through the nature of the project, be it for utilities, transportation, drainage/sewerage, or disaster prevention. Bellows are the classification used in the Malaysian Construction Industry for those infrastructure projects:
- Utilities - Reservoir, water pipeline, oil & gas pipeline, water tank, oil & gas tank, chemical tank, water treatment plan
- Transportation - Telephone cabling, electric cabling, hydroelectric power plant, communication and audio visual station, airport, railway or train station, bus station, taxi station, harbour, jetty, road, highway, railway track, rail, traffic light, bridge and tunnel, hangar.
- Drainage/sewerage - Sewerage treatment plan and drainage system
- Disaster prevention - Flood mitigation work, slope protection work, fire prevention and disaster prevention work
It depends on the complexity, approvals and the nature of project. In some departments in Australia, if project value is over $ 500 K, it is considered as a major project.
If there is no clear and sound classification, you can develop your own classification based on a number of attributes such as project cost, risks, complexity, etc. In most cases, major projects have be defined as those large scale projects associated with high degree of risks and uncertainty and have very long life cycle and cost more than $1 billion.
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