Realization Wins Largest Contract To-Date: Will Help the State of Bihar, India to Speed Up Implementation of Urban Infrastructure Projects

SAN JOSE, Calif., June 18, 2012 /PRNewswire/ -- Realization, a premium provider of Synchronized Project Management solutions for project execution, today announced that it has won a contract to implement its Synchronized Project Management methodology, which includes software, processes, and support teams, to enable BUIDCo, the Bihar Urban Infrastructure Development Corporation, to complete projects faster. Bihar is the third most populous state in India, and, over the next 24 months, it will see implementation or acceleration of USD $275 million worth of urban infrastructure projects (water supply, sewerage, drainage, public parks) as the state positions itself to become the growth engine for eastern India.

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Realization has helped more than 200 organizations worldwide in a wide range of industries complete projects 20 to 50 percent faster, and, in the process, realize more than $3.5 billion in additional cash and profits. Well-known organizations such as Alcatel-Lucent, Amdocs, Boeing, Delta Airlines, Inc., Daiwa House, Larsen & Toubro Shipbuilding, Tata Steel, and the U.S. Military have dramatically improved project performance by adopting Realization's system to synchronize projects and accelerate completion without adding any additional resources.

The enormous growth and subsequent investment in both public and private infrastructure development in India, and in the state of Bihar in particular, has fueled an unprecedented demand for qualified project managers and project management tools. In addition to providing BUIDCo with its implementation methodology to ensure projects happen on time or faster, Realization will also dedicate onsite implementers in Bihar as well as a dedicated team of project managers at BUIDCo headquarters to help ensure that project teams and stakeholders are aligned to the new Synchronized Project Management paradigm. The integration of Realization's methodology and personnel will help ensure that all project work is completed within specified time, cost, quality, and scope requirements.     

"India's leaders are making a massive investment in building India's infrastructure to sustain its incredible rate of economic growth," said Sanjeev Gupta, CEO of Realization. "It is no exaggeration to say that India's success depends on the success of these projects. Realization's expertise in project synchronization will help India meet that challenge, starting with Bihar."

About Realization
Realization helps organizations do projects 20 to 50 percent faster by replacing "fixed schedules," which cannot be followed when ground conditions keep changing, with Synchronized Project Management solutions, a complete suite of software and consulting services.  Realization's more than 200 clients include organizations like ABB, Amdocs, BHP Billiton, Dr. Reddy's, L&T, Medtronic, NASA and the U.S. Air Force. Collectively Realization's clients have realized $3.5 billion in additional cash and profits by doing projects faster. Realization is headquartered in San Jose, California, with offices in India, France, Spain, Brazil, Japan, and South Africa. For more information, visit www.realization.com.

Contact Information
Jeff Miller
Davies Murphy Group
(541) 207-3461
[email protected]

SOURCE Realization