BHARTI VIDYAPEETH INSTITUTE OF TECHNOLOGY

NAVI MUMBAI

Micro-project of -

SUBJECT-

SUBMITTED BY –

1. Parth Patil (3629)

2. Anirudha Kaple (3630)
3. Arvind Yadav (3631)
4. Pratik Dhana wade (3632)

UNDER THE GUIDANCE OF –

 MR.

TEACHER SIGNATURE HEAD OF DEPARTMENT

 MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

CERTIFICATION
This is to certify that, (Parth Patil (3629), Anirudhha Kaple (3630), Arvind Yadav (3631), Pratik
Dhana wade (3632)) of SIXTH semester of Diploma in Mechanical Engineering of Bharati
Vidyapeeth Institute of Technology Navi Mumbai (inst. Code: 0027) has satisfactorily completed
the term work in the () Micro – Project for the academic year 2023 to 2024 as prescribed in the
MSBTE curriculum.

Place: Kharghar

Enrollment no:

1. 2200270573
2. 2200270588
3. 2200270566
4. 2200270592

Date: -

SUBJECT TEACHER HEAD OF DEPARTMENT

 Annexure- I

Micro- Project Proposal

 Title of Micro-Project:

1.0 Aims/ Benefits of the Micro – Project:

 2.0 Course Outcomes Addressed

3.0 Proposed Methodology (Procedure in brief that will be followed to do the micro-project)

 .

4.0 Action Plan (Sequence and time required for major activity)

Planned start Planned finish Name of responsible

Sr.No. Details of activity team members
date date
1. Discuss the project 07/09/2023 08/09/2023 Parth , anirudhha
2. Collected information from 9/09/2023 19/09/2023 Parth , Pratik
textbook
3. Collected information from 9/09/2023 9/09/2023 Anirudhha , Pratik
internet
4. Arrange all information in 10/09/2023 10/09/2023 Arvind, parth
word
5.
 5.0 Resources Required (major resources such as raw material, some machining facility, software
etc.)

Name of resource /
Sr.No. material Specification Quantity Remarks
1. computer Window 11 1
2. Internet YouTube
3. textbook MAN (22509) 1

Names of Team Members with Roll Nos.

1. Parth Patil (3629)
2. Anirudha Kaple (3630)
3. Arvind Yadav (3631)
4. Pratik Dhana wade (3632)

(To be approved by the concerned teacher)

 Annexure –II
Micro-Project
Report

Title Of Micro-Project: Study of Management Principles Applied To A Small

Scale Industry

1.0 Rationale (Importance of the project, in about 100 to 200 words)

the study of management principles applied to a small-scale industry is important for a number
of reasons, including:

 To improve efficiency and productivity: By applying the principles of management, such

as division of labor, specialization, and coordination, small businesses can improve their
efficiency and productivity. This can lead to increased profits and a better bottom line.
 To make better decisions: The principles of management can help small business owners
make better decisions about their businesses. By considering factors such as costs,
benefits, and risks, they can make more informed decisions that are more likely to be
successful.
 To increase employee morale and productivity: When employees are managed
effectively, they are more likely to be motivated and productive. This can lead to a more
positive work environment and increased profits.
 To improve customer service: By applying the principles of management, small
businesses can improve their customer service. This can lead to increased customer
satisfaction and loyalty.
  To grow and succeed: By following the principles of management, small businesses can
increase their chances of growth and success. This can lead to more jobs, a stronger
economy, and a better quality of life for everyone.
 Here are some specific examples of how the study of management principles can be
important for small scale industries:
 A small manufacturing business might learn about the principle of division of labor and
decide to divide the manufacturing process into smaller tasks, assigning each task to a
specific employee. This could lead to increased efficiency and productivity.
 A small retail business might learn about the principle of customer service and decide to
create a customer-focused culture. This could lead to increased customer satisfaction
and loyalty.
 A small business owner might learn about the principle of delegation and decide to
delegate more responsibility to their employees. This could lead to increased employee
morale and productivity.
 The specific principles of management that are most important for a small-scale industry
will vary depending on the specific circumstances of the business. However, by studying
the principles of management, small businesses can improve their chances of success.

Here are some additional benefits of studying management principles for small scale industries:

 It can help businesses to better understand their own strengths and weaknesses.
 It can help businesses to develop strategies for improving their performance.
 It can help businesses to identify and manage risks.
 It can help businesses to attract and retain talented employees.
 It can help businesses to build strong relationships with customers and suppliers.
 Overall, the study of management principles can be an asset for small scale industries.
By understanding the principles of management, small business owners can make better
decisions, improve their operations, and increase their chances of success.
2.0 Aims/Benefits of Micro Project

The study of management principles applied to a small-scale industry can have many benefits,
including:

 Improved efficiency and productivity: By applying the principles of management, such as

division of labour, specialization, and coordination, small businesses can improve their
efficiency and productivity. This can lead to increased profits and a better bottom line.
 Better decision-making: The principles of management can help small business owners
make better decisions about their businesses. By considering factors such as costs,
benefits, and risks, they can make more informed decisions that are more likely to be
successful.
 Increased employee morale and productivity: When employees are managed effectively,
they are more likely to be motivated and productive. This can lead to a more positive
work environment and increased profits.
 Better customer service: By applying the principles of management, small businesses
can improve their customer service. This can lead to increased customer satisfaction and
loyalty.
 Greater growth and success: By following the principles of management, small
businesses can increase their chances of growth and success. This can lead to more jobs,
a stronger economy, and a better quality of life for everyone.

3.0 Course Outcomes Achieved (Add to the earlier list if more COs are addressed)

 Use Basic Management Principles to Executes Daily Activities

4.0 Literature Review

 The literature on the study of management principles applied to small scale industries is
vast and growing. Some of the key principles that have been found to be effective in
small businesses include:
  Clear and concise communication: small businesses often have a flat hierarchy, which
means that there are fewer layers of communication between managers and
employees. This makes it important for managers to be clear and concise in their
communication, so that everyone is on the same page.
 Delegation: Small business owners often wear many hats, and it can be difficult to do
everything themselves. Delegation is essential for small businesses to be successful, as it
allows managers to focus on the most important tasks and give employees the
opportunity to develop their skills.

5.0 Actual Methodology Followed.

(Write step wise the work was done, data collected and its analysis (if any). The contribution of
individual members may also be noted.)

The actual methodology in management principles applied to a small-scale industry will vary
depending on the specific business and its circumstances. However, some common
methodologies include:

 The Plan-Do-Check-Act (PDCA) cycle: This is a cyclical methodology that can be used to
improve any process. The first step is to plan what you want to achieve. The second step
is to do it. The third step is to check your results and see if you achieved what you
wanted. The fourth step is to act on your findings and make improvements.
 The 5 Whys: This is a simple but powerful tool for root cause analysis. When you
encounter a problem, ask yourself "Why?" five times to get to the root cause of the
problem.
 The Fishbone Diagram: This is a visual tool for identifying and analyzing the causes of a
problem. The fishbone diagram is divided into six main categories: people, methods,
materials, machines, environment, and measurements.
6.0 Actual Resources Used (Mention the actual resources used).

S. Name of Specifications Qty Remarks

No. Resource/material
WINDOW 10 1
1
COMPUTER
YOUTUBE
2
INTERNET
MAN (22509) 1
3
TEXTBOOK
2018 1
4
MS OFFICE

7.0 Outputs of the Micro-Projects (Drawings of the prototype, drawings of

survey, presentation of collected data, findings etc.

The output of management principles applied to a small-scale industry can vary depending on
the specific business and its circumstances. However, some of the potential benefits of applying
management principles include:

 Increased efficiency: By applying management principles, businesses can identify and

eliminate inefficiencies in their operations. This can lead to increased productivity and
lower costs.
 Improved decision-making: By following management principles, businesses can make
better decisions based on sound data and analysis. This can help businesses to avoid
costly mistakes and improve their bottom line.
 Increased customer satisfaction: By applying management principles, businesses can
improve their customer service and satisfaction. This can lead to repeat business and
increased sales.
 Enhanced employee morale: By creating a positive and supportive work environment,
businesses can improve employee morale and productivity.
8.0 Skill Developed / Learning out of this Micro-Project

The skills developed by applying management principles to small scale industries include:

 Problem-solving: By identifying and solving problems, businesses can improve their

efficiency and effectiveness.
 Decision-making: By making sound decisions based on data and analysis, businesses can
avoid costly mistakes and improve their bottom line.
 Communication: By communicating effectively with employees, customers, and other
stakeholders, businesses can build relationships and improve their reputation.
 Leadership: By providing clear direction and motivating employees, businesses can
achieve their goals.

9.0 Applications of this Micro-Project

The application of management principles to small scale industries can be challenging, but it is
essential for success. Here are some tips for applying management principles to small scale
industries:
 Start small: Don't try to implement too many changes at once. Start with one or two
principles and focus on mastering them before moving on to others.
 Be flexible: Be willing to adapt the principles to the specific needs of your business.
There is no one-size-fits-all approach to management.
 Get buy-in from your team: Make sure your employees understand the importance of
management principles and are willing to participate in their implementation.
 Be patient: It takes time to see the benefits of applying management principles. Don't
expect to see results overnight.

(To be approved by the concerned teacher)

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