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SIP'23 Project Report Format

This document is a report submitted by Alisha Simon to Prestige Institute of Global Management in partial fulfillment of a Post Graduate Diploma in Management. The report details Alisha's 8-week internship at Workie Private Limited from May 1st to June 30th, 2023. During the internship, Alisha gained exposure to the finance and legal departments of Workie. In the finance department, Alisha conducted financial research and analysis and helped establish a database to store contracts. In the legal department, Alisha analyzed contracts and identified key provisions. Overall, the internship provided Alisha with valuable experience in financial processes, legal procedures, and business operations to support Workie's financial health.
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© © All Rights Reserved
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0% found this document useful (0 votes)
51 views25 pages

SIP'23 Project Report Format

This document is a report submitted by Alisha Simon to Prestige Institute of Global Management in partial fulfillment of a Post Graduate Diploma in Management. The report details Alisha's 8-week internship at Workie Private Limited from May 1st to June 30th, 2023. During the internship, Alisha gained exposure to the finance and legal departments of Workie. In the finance department, Alisha conducted financial research and analysis and helped establish a database to store contracts. In the legal department, Alisha analyzed contracts and identified key provisions. Overall, the internship provided Alisha with valuable experience in financial processes, legal procedures, and business operations to support Workie's financial health.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 25

Prestige Institute of Global Management

(Scheme No 54, Malviya Nagar, MR 9 Rd, Opp Barfani Dham, Indore, MP)
2022-2024

A REPORT ON

FINANCIAL EFFICIENCY
Submitted to the institute in partial fulfilment of the award of
Post Graduate Diploma in Management

By
ALISHA SIMON
Roll no:2022017
Prestige Institute of Global Management
(Scheme No 54, Malviya Nagar, MR 9 Rd, Opp Barfani Dham, Indore, MP)
2022-2024

DECLARATION

I, the undersigned, hereby declare that this report “FINANCIAL EFFICIENCY” has been
written and submitted under the guidance of COMPANY MENTOR NAME and is my
original work.
I understand that detection of any copying is liable to be punished in any way the institute
deems fit.

DATE: 30th Jun 2023


STUDENT’S NAME:
ALISHA SIMON
ROLL NO: 2022017
Prestige Institute of Global Management
(Scheme No 54, Malviya Nagar, MR 9 Rd, Opp Barfani Dham, Indore, MP)
2022-2024

CERTIFICATE

This is to certify that Ms ALISHA SIMON, ROLL NO:2022017, a student of PGDM from
Prestige Institute of Global Management, Indore (MP) has done her internship at WORKIE
PRIVATE LIMITED from 1May 2023 to 30 June 2023.
The internship work titled ‘PROJECT TITLE’ embodies the original work done by Ms
ALISHA SIMON during his/her internship period.

Date – 30th Jun 2023

Company Guide: Faculty


Mentor: HARSHIT SANGHVI Prof Ayush Kansal
(Signature) (Signature)
Company Seal: Institute
Seal:
TABLE OF CONTENTS

S.NO. PARTICULARS PAGE


NO.

1 Executive Summary
2 Introduction
2.1 Industry Overview
2.2 Company background

2.3 Vision, Mission & Objective

3 Project Details
3.1 Description of the project

3.2 Objectives of the project


3.3 Methodology
3.4 Theory/Tools & Techniques used
3.5 Limitations of the study
3.6 Steps to mitigate limitations
3.7 Key findings of the project
3.8 Impressions of the business/organization

4 Conclusion
4.1 Learnings/Takeaways
4.2 Recommendations to business/organization
4.3 Self-evaluation of the project outcome(s)
5 Bibliography
1.EXECUTIVE SUMMARY
Over the initial eight-week period of my summer internship at Workie, I was afforded the
chance to engage in work within the Finance Department and Legal Department, which
provided me with invaluable exposure to a range of operational parts.
During the initial week of the internship, an orientation programme was conducted to
facilitate my acquaintance with the company's operations and culture. The individual was
acquainted with their position as an assistant responsible for executing routine duties and
overseeing operational management. We underwent extensive instruction on administrative
duties and was afforded the opportunity to observe the workflow of senior staff members in
order to acquire practical knowledge of the organization's systems and procedures.
The emphasis was redirected towards the cultivation of abilities in customer service and the
resolution of issues. Through observation and learning from experienced team members, I
acquired valuable skills in effective communication, empathy, and problem-solving
techniques. Throughout the course of the week, I incrementally assumed greater
accountability in attending to customer inquiries, with the supervision and direction of my
mentor. Towards the conclusion of the week, I had made noteworthy enhancements to my
abilities in increment amount and customer resolution, thereby guaranteeing customer
contentment and delivering appropriate resolutions as per legal terms.
During the time of my internship in the Finance Department, my primary focus was on
conducting financial research and analysis. I acquired proficiency in financial tools and
databases, and demonstrated active engagement in contract review endeavours. The contracts
were analysed and key provisions were identified. Furthermore, a database was established to
electronically store and administer agreements, guaranteeing expedited retrieval of crucial
information.
During the course of the internship, I proactively participated in dialogues with experienced
members of the team, soliciting advice and exchanging insights. The progressive
augmentation of duties facilitated the acquisition of competencies in the areas of legal
inquiry, evaluation, composition, and examination of agreements. I have acquired a thorough
comprehension of legal procedures, regulatory obligations, and principles of corporate
governance. Overall, a finance intern can play a vital role in supporting the financial health of
the company. The intern has to be responsible for helping with day to day financial task such
as accounts payable and accounts receivable.
In the recent experience, we focused on various aspects of business operations. We delved
into the finance and legal department, to do list preparation and creation of a master file. By
organising invoices and understanding money management, I gained insights into Workie's
financial flow. I was also familiarized yourself with Tax Deducted at Source (TDS) filing and
5 of 17 registered two startups under the government initiative, Startup India. Asset
management emerged as a significant challenge for coworking spaces, emphasising the
importance of effectively managing equipment and preventing theft. Moreover, we aided in
revenue management by verifying payments and contractual obligations. Challenges included
a lack of knowledge, legal terms, revenue generation strategies, and financial terminologies.
2.INTRODUCTION

2.1 INDUSTRY OVERVIEW


A growing number of companies are embracing remote work and entrepreneurship, which is
causing the real estate and co-working industries to expand quickly. The demand for
reasonably priced, adaptable office space solutions that can accommodate enterprises of all
sizes is what's fuelling this growth. In this sector, Workie participates by providing a variety
of office space solutions, such as serviced offices, co-working areas, and conventional lease
options. By providing a wide range of alternatives and extra services to make sure that
businesses have all they need to run effectively, Workie distinguishes itself from other
industry players. Workie's properties are spread out in prime areas of India, making it simple
for customers and staff to access them. Workie is a leader in the industry thanks to their
dedication to giving their customers a flawless experience
Real estate is property consisting of land and the buildings on it, along with its natural
resources such as crops, minerals or water; immovable property of this nature; an interest
vested in this an item of real property, buildings or housing in general. In terms of law, real is
in relation to land property and is different from personal property while estate means the
"interest" a person has in that land property.
In India, the real estate sector is the second-highest employment generator, after the
agriculture sector.
Co-working is an excellent approach great way to save money and network. It's also
convenient because you can work from any location. There are many co-working space
facilities and office space providers to choose from. Some of the most popular and well-
known ones include WeWork, Regus, and Spaces. They offer a range of amenities, such as
high-speed internet, meeting rooms, and printing services. Depending on your needs, you can
select from a variety of membership plans. Co-working spaces are great for freelancers,
entrepreneurs, and small enterprises. They provide a professional environment without
renting a high cost of a traditional office space.
Co-working spaces are off course great for collaboration, creativity and flexibility. They
provide an opportunity to work with other professionals and learn new skills and abilities.
These spaces are great for start-ups because they provide an affordable and professional
environment. To aid members in expanding their businesses, many co-working facilities also
host events and offer workshops. Some co-working spaces even employee a community
manager who can assist in establishing connections among members. Those who are new to
the area or sector may find this to be of particular use. There are currently hundreds of co-
working facilities located all around the world as the co-working sector expands quickly. This
means that you can find a co-working space wherever you go. The industry is also becoming
more specialized, with co-working spaces that serve to specific industries. For example, there
are co-working spaces for artists, writers, and even for lawyers. Overall, the co-working
sector is a great option for those who want to save money, network, and operate in a
professional environment.
You can choose the amount of time you want to spend there and what kind of space you
need. Some co-working spaces offer private offices, while others offer shared spaces. You
can also choose from different locations, depending on your and demand and needs. Co-
working spaces are a great way to network, meet new people and learn new skills. They offer
a supportive environment where you can grow your business and achieve your goals.

Additionally, they provide access to resources like meeting spaces and high-speed internet as
well as networking possibilities. By giving access to investors and mentors, co-working
spaces can also aid in the expansion of startups. A community manager is often present in co-
working spaces and can assist in connecting startups with these services.

Start-ups can benefit from the sense of community and assistance that co-working facilities
can offer. It's great to be surrounded by other entrepreneurs who are going through similar
experiences. Through this you can feel less isolated and much more motivated. Co-working
spaces can provide a range of resources and assistance, including marketing help, business
coaching, and legal counsel. For start-up businesses that are just getting started, these
resources can be incredibly helpful.

IMPORTANCE OF THE SECTOR


One of the industries with the highest international recognition is real estate. It is divided into
four sub-sectors: residential, retail, hotel, and commercial. The expansion of this sector is
largely supported by the expansion of the business environment and the need for office space,
as well as urban and semi-urban housing.

KEY TRENDS AND STATISTICS


• House Hunting Goes Digital The pandemic accelerated digitization across all sectors. And
the real estate market is no exception. Due to the pandemic and the competitive housing
market, some buyers purchased their homes without stepping foot inside first. Many were
able to do virtual tour properties due to virtual capabilities, such as 3D Tours, Drone videos,
Virtual staging.
• People Move from Cities The two underlying reasons for the shift are necessity and choice.
Those who cannot afford to stay are moving out of necessity. While the wealthy are
relocating by choice. Those who have lost their jobs and can’t afford big city prices anymore
are moving in search of more affordable housing options. Last but not least, the suburbs are
an attractive destination due to lower taxes and cheaper housing and rent prices.
2.2 COMPANY BACKGROUND

As a provider of office space solutions, Workie is part of the booming real estate and co-
working industry. The demand for co-working spaces is expected to continue to grow as
more people shift towards remote work and entrepreneurship. Workie offers a range of office
space options, including serviced offices, co-working spaces, and traditional leasing options,
to cater to the diverse needs of businesses.

Workie's properties are located in prime locations throughout India, making them easily
accessible to clients and employees. In addition to providing top-notch office spaces, Workie
offers additional services such as handling paperwork, negotiations, and closing processes.
Workie also provides furniture, IT support, and other amenities to ensure that businesses have
a comfortable and productive work environment.

Workie operates in the commercial real estate industry, which is a highly competitive and
dynamic industry. The industry is driven by factors such as economic growth, supply and
demand, and technological advancements. As a provider of office space solutions, Workie
competes with other companies that offer similar services, such as WeWork, IndiQube,
SmartWorks and Awfis.

The industry has seen significant growth in recent years, driven by the rise of the gig
economy and increasing demand for flexible office space solutions. Workie's focus on
providing high-quality office spaces equipped with the latest amenities and their commitment
to providing excellent customer service has helped them establish themselves as a leading
player in the industry.
2.3 VISSION, MISSION & OBJECTIVE

1. VISSION OF THE COMPANY

Workie's vision is to transform the real estate and co-working industry by providing an
inspiring, collaborative, and efficient workspace for its clients. Workie aims to become
the world's largest co-working and office space provider by creating an environment that
fosters creativity, innovation, and entrepreneurship.

Workie's vision is to create a community of talented individuals who can collaborate and
support each other to achieve their goals. Workie aims to provide an affordable and
flexible workspace solution that accomplish to the needs of freelancers, entrepreneurs,
and small businesses.

Workie's goal is to empower its clients by providing them with the tools and resources
they need to succeed in their respective fields. They also aim to promote sustainability
and environmental responsibility by implementing eco-friendly practices in its
workspaces.

2. MISSION OF THE COMPANY

Workie seeks to meet the demands of freelancers, business owners, and small enterprises
by offering an affordable and adaptable workspace solution. By giving its clients the
skills and resources, they require to be successful in their respective professions. By
incorporating eco-friendly techniques in its workspaces, Workie also hopes to encourage
sustainability and environmental responsibility. The goal is to empower its clients by
creating a community of minded individuals who can collaborate and support each other
to achieve their goals. Workie is committed to providing its clients with a seamless and
hassle-free workspace experience. Workie aims to create a workplace that is inclusive,
diverse, and welcoming to everyone. Workie also strives to support the local communities
where its workspaces are located by creating job opportunities and supporting local
businesses. Workie's ultimate goal is to become the world's largest co-working and office
space provider by creating an environment that fosters creativity, innovation, and
entrepreneurship.

- To provide customers with a safe and secure workspace so they may operate without
fear.

- to offer a range of workspace solutions that address the various requirements of


independent contractors, business owners, and small enterprises.

- To provide clients with a setting where they may network, collaborate, and share ideas
with people who have similar interests.
- To provide customers with access to the newest equipment and technology so they can
stay ahead of the curve in their fields.

- To promote work-life balance; services like exercise centers, meditation areas, and rest
areas should be made available.

- Giving customers access to opportunities for professional development including


workshops, seminars, and training courses.

- To promote an atmosphere at work that emphasis diversity, inclusiveness, and respect


for everyone.

3. OBJECTIVE OF THE COMPANY


The objective of the company is to offer customizable workspace solutions that are less
expensive and can meet the needs of businesses of all sizes. Workie provides clients with
the information and skills they need for success in order to promote a work climate that
values collaboration, innovation, and creativity. Workie's objective is to support business
growth and success by giving them access to the most up-to-date tools, resources, and
chances for professional development.
Workie is dedicated to giving customers a seamless and hassle-free workspace experience
so they can concentrate on operating their businesses, this is their specialty.
The ultimate objective of Workie is to build a global network of workspaces that serve
the requirements of companies of all sizes in order to become the world's largest
co-working and office space supplier. By incorporating eco-friendly techniques in its
workspaces, Workie also seeks to promote sustainability and environmental responsibility
by integrating eco-friendly practices into its offices. Workie is committed to reducing its
carbon footprint and making a positive difference in the transition to a more sustainable
future.
By fostering employment possibilities and assisting neighbourhood businesses, they want
to benefit the local communities where their workspaces are situated. The goal of Workie
is to build a group of minded people who can work together and assist one another to
accomplish their objectives. Workie is committed to creating an environment that is
warm, varied, and welcoming to all employees. Workie wants to give their clients the
tools they need to excel in their chosen industries by giving them access to the resources
and assistance they require.
3. PROJECT DETAILS

3.1 DESCRIPTION OF THE PROJECT


Below is the description of the given week wise task

Week 1: Activities Performed in the organisation:


ORIENTATION, I NDUCTION AND COMPANY POLICIES
Learned about the company's history, values, and mission and its culture as well. We were
also introduced to our coworkers and learn about the different departments in the company.
In the finance and accounts department, I’ve learnt about the company's financial systems
and process.
LEGAL PROCEDURES AND DOCUMENT UNDERSTANDING
Assisted the legal team in reviewing and interpreting lease agreements and contracts. Learned
about legal procedures related to managing coworking spaces. Assessed location, amenities,
and infrastructure of the spaces.

Week 2: Activities Performed in the organisation:


INVOICES RECORD UPGRADATION:
Maintained a diligent record-keeping system to update and manage invoices. Ensured timely
entry and accurate updates of invoice details, including payment status and client
information. Became familiar with software, help with data entry, and maintain records.
Assist with organizing and filing HR documents.
AGREEMENT SCANNING AND PROOF READING (GST raid protection- client Service)
• Scanned virtual office agreements to digitize and store them securely.
• Conducted thorough proofreading to ensure accuracy and adherence to legal and GST
compliance requirements.
• Implemented measures to protect client interests in the event of GST raids or investigations
Week 3: Activities Performed in the organisation:
UPDATES AND DIGITIZING VIRTUAL AGREEMENTS
Regularly reviewed and updated agreements to reflect any changes in business terms of legal
requirements. Digitized agreements to facilitate easy access and retrieval of important
documents.

GST & VIRTUAL OFFICES COMPLIANCE WITH LAW STUDY


• Conducted a study on GST compliance requirements for coworking spaces and virtual
offices.
• Analysed relevant laws and regulations to ensure the company's compliance with GST
obligations.
• Assisted in implementing necessary processes and systems to adhere to GST guidelines

Week 4: Activities Performed in the organisation:


COMPANY EVENTS
• Attending the Google Community Day Indore Event- Workie Private Limited served as a
sponsor for the Google Community Day Indore event.
• Represented Workie Private Limited at the Google Community Day Indore event.
• Participated in the event to engage with attendees and showcase the company's offerings.
INCREMENT AMOUNT & EXPIRING DATE ENTRY
Maintained a different Revenue Tracker file into which the increment amount should be
entered based on legal documents. End date has to entered through which the revenue for the
company can be known.
Acquire computer skills in finance and help with accounts payable and receivable duties.
Assist with organizing and filing finance documents.

Here is the screenshot of the REVENUE TRACKER file


Week 5: Activities Performed in the organisation:
DATA ENTRY AND FILING
Assist with organizing and filing finance documents- filing of the purchase and sales invoices
documents
Separating expired agreements from Landlords and Clients files
Rearranging the expired documents and filed them according to their dates.
Working in the Master file of the company.

MASTER FILE

SCHEDULING INTERVIEWS & SHORTLISTING CANDIDATES


Help with scheduling interviews for open positions and also taken telephonic interviews,
shortlisted them for the next round.
Worked as an HR executive under the supervision of HR Manager .
Week 6: Activities Performed in the organisation:
CROSS CHECKING OUTSTANDING RENTS AND PAYMENTS
Verified rent payments from clients. Resolved discrepancies and ensured timely payment
collection i.e., Mails and follow ups.
FEEDBACK & REVIEW WEEKLY CALLS FOR CLIENT REQUIREMENTS
• Conducted regular feedback and review calls with clients to understand their evolving
needs and requirements.
• Collaborated with the operations team to ensure client satisfaction concerns or issues.

Week 7: Activities Performed in the organisation:


Acquire computer skills in finance and help with accounts payable and receivable duties.
Assist with organizing and filing finance documents.
Assist with duties related to HR compliance, such as checking employee files to make sure
they are accurate and up to date.
TEAM MEETINGS
Meeting with MLA for Upcoming Event and Job Fair- Participated in a meeting with a
Member of Legislative Assembly (MLA) to discuss an upcoming event and job fair in the
city. Participated in Job Fair as an HR on behalf of Workie and taken interviews around 80-
90 candidates.

Week 8: Activities Performed in the organisation:


Help with responsibilities related to financial compliance, such as checking financial records
to make sure they are accurate and compliant with laws.
Prepared official document of purchase invoice for the company
Helped with tracking and analysing expenses related to office space, furniture and other
amenities.

Concluding there was a meeting with Boss of the Company on every Saturdays
where each intern has to discuss about the work, we did this week and the work
to be completed on the next week
3.2 OBJECTIVES OF THE PROJECT

The objectives of the project are as follows


Importance of Company Values and Policies: I realized the significance of aligning with the
company's values and policies for fostering a positive work culture and effective teamwork.
Adhering to these values enables employees to work towards common goals and deliver
consistent results
Effective Communication and Collaboration: Understanding the organizational hierarchy
helped me recognize the importance of effective communication channels and collaboration
with colleagues across different departments. Clear and timely communication promotes
transparency, streamlines decision-making processes, and enhances overall productivity.
Compliance with Legal Procedures: Through my involvement in legal procedures and
document understanding. I learned about the importance of complying with relevant laws and
regulations. Adhering to legal requirements safeguards the company's interests, minimizes
risks, and helps maintain a trustworthy reputation.
Customer-Centric Approach: Interacting with clients and gathering their feedback reinforced
the significance of a customer-centric approach. By actively listening to their needs,
addressing their concerns, and continuously striving to exceed their expectations, we can
enhance customer satisfaction, loyalty, and retention.
Leveraging Technology for Efficiency: Engaging is such as agreements digitization, data
organization, and e-sign software operations highlighted the immense value of leveraging
technology for improved efficiency and productivity, Adopting digital solutions minimizes
paperwork, streamlines processes, and enables easy access to information.
Financial Networking and Partnerships: Participating in the Google Community Day Indore
event as a sponsor provided a valuable opportunity for networking and building partnerships.
Engaging with like-minded professionals and industry experts broadened my professional
network and opened doors to potential collaboration and business opportunities.
Financial Management and Accuracy: Cross-checking outstanding rents d payments
emphasized the importance of meticulous financial management. Timely and accurate
payment processing ensures smooth cash flow, reduces discrepancies, and strengthens client
relationships based on trust and transparency.
3.3 METHODOLOGY
The methodology for the above-mentioned weeklong projects might include instruction,
participant observation, and practical experience. Attending new hire orientation and getting
a sense of how various departments operates could be a good place to start. This could be
followed by training on specific responsibilities like scheduling interviews, data entry, and
organizing and filing HR and financial papers could come after this. Then you could be given
practical training so that you can perform these tasks and master them. Attending team
meetings would also allow you to observe how coworkers interact and work together.
In order to improve your communication and teamwork abilities, you may also be given the
chance to assist with employee meetings and respond to queries from staff members about
finance and HR. You may have access to online resources including training videos, manuals,
and guides to uplift your learning.
You may have access to online resources such as training videos, manuals, and guidelines to
deepen your study. You could also be assigned with a mentor or a supervisor who could
provide feedback and guidance on your progress. By doing so, you might be able to identify
your areas of weakness and boost your skill development. By following your coworkers,
you'll have the ability to learn from their expertise in a variety of fields. This could provide
you with a broader perspective on how different departments work together to achieve
common goals. Through this you can get an idea on how different departments collaborate to
achieve the goals. This could help you stay on track and ensure that you are meeting the
objectives of the project.

3.4 THEORY/TOOLS & TECHNIQUES USED


There are several tools and techniques that can be used to ensure accurate financial voucher
entries. One useful tool is accounting software, which can help automate the voucher entry
process and reduce the risk of errors. Another technique is to establish clear guidelines and
procedures for Revenue increment entry, including documentation requirements and approval
processes. A system of checks and balances, such as needing several approvals for substantial
Invoices or having a supervisor evaluate all invoices entries, might also be useful. Finally,
ongoing training and education can help you ensure that employees are up-to-date on the
latest financial processes and best practices.
3.5 LIMITATIONS OF THE STUDY
As an intern at Workie, here are several limitations to consider when studying finance and
HR management. These may include –
(a)Lack of communication between different departments- Its not uncommon to encounter
issues with communication between the departments as it can be challenging to manage
company’s data accurately. Its important for team members to be on same track to achieve
the desired goal else it will create a misunderstanding among the coworkers
(b)Lack of clarity around the roles and responsibilities of different team members- It can
create confusion among the team members to understand the roles because of that there could
be less opportunity to provide feedback and have proper discussion about the given task.
(c) Lack of resources available for certain projects- due to this it can be difficult to choose
between the work or projects that should be prioritize based on their importance and what
potential impact it has. It will be challenging to identify specific resources that are needed to
explore different options for acquiring them.
(d) Lack of transparency around decision-making processes- Establishing criteria for decision
making, providing opportunities for feedback and discussion can be difficult. Through this
there will a direct impact on building trust and ensuring that everyone is working towards the
same goals or not.
(e) limits on funds and resources, as well as legal and compliance requirements that may have
an impact on the financial and HR processes. Also, the complexity of financial and HR
management can make it difficult to accurately track and manage data, and errors can have
significant consequences for the organization, there can be restrictions relating to the lack of
skilled individuals with the essential abilities and knowledge to successfully manage financial
and HR procedures.
(f)There may be limitations to your ability to access certain financial information or make
decisions related to financial management, you might lack experience with HR management
software or accounting software, which could hinder your ability to carry out activities well.
The scope of your duties could also be constrained by the organization's requirements or the
resources that are available. Moreover, there may be regulatory or compliance requirements
that impact your ability to manage financial or HR processes in certain ways.
You can encounter restrictions as an intern because of your level of training and experience.
Working under the supervision of more experienced professionals, which can be both a
benefit or a limitation. The fact that you may not have had much exposure to the larger
organizational context can also affect your capacity to make wise decisions. At last, the fast-
paced nature of the workplace may make it difficult to keep up with the demands of the job,
particularly if you are still learning the ropes.
3.6 STEPS TO MITIGATE LIMITATIONS
(a) One of the main limitations was the lack of communication between different
departments - To mitigate this issue, I suggested that we hold regular meetings between
departments to ensure that everyone was on the same page. Additionally, I recommended that
we use project management tools to track progress and ensure that everyone was aware of
what needed to be done. Finally, I would advise that they should implement a system for
feedback and suggestions so that they could keep improving their procedures.
(b) Lack of clarity around the roles and responsibilities of different team members. To
mitigate this issue, I recommended that we create a detailed job description for each role and
clearly define the scope of each person's responsibilities. Additionally, I suggested that we
implement a training program to ensure that everyone was equipped with the necessary skills
to perform their job effectively. Finally, I recommended that we conduct regular performance
evaluations to ensure that everyone was meeting their goals and contributing to the
company's success.
(c)Another limitation that I encountered was the lack of resources available for certain
projects. To mitigate this issue, I suggested that we prioritize our projects based on their
impact on the company's goals and allocate resources accordingly. Additionally, I
recommended that we explore partnerships and collaborations with other companies to
leverage their resources and expertise. Finally, I suggested that we implement a system for
tracking our expenses and revenues to ensure that we were making the most of our available
resources.
(d) One other limitation that I noticed was the lack of transparency around decision-making
processes. To mitigate this issue, I recommended that we establish clear guidelines for
decision-making and ensure that everyone understood the criteria that we were using to make
decisions. Additionally, I suggested that we create a system for soliciting feedback and
suggestions from team members to ensure that everyone had a voice in the decision-making
process. Finally, I recommended that we document our decisions and the rationale behind
them to ensure that we could learn from our successes and failures.
(e) Limits on funds and resources, as well as legal and compliance requirements that may
have an impact on the financial and HR processes- It's important to identify any potential
restrictions early on in the process and to develop strategies for addressing them. This could
include exploring different funding options, reallocating resources, or streamlining processes
to reduce costs. It's also important to stay up-to-date on any legal and compliance
requirements and to ensure that all financial and HR processes are in compliance with these
requirements. This can help in avoiding any potential legal problems and ensuring that the
business is conducting itself in an ethical and responsible manner.
(f) There may be limitations to your ability to access certain financial information or make
decisions related to financial management- To make sure that financial decisions are being
made in the company's best interests, it's crucial to develop open lines of communication and
cooperate with the right stakeholders. This could include working closely with the finance
team, obtaining feedback from other departments and ensuring that all decisions are being
made in accordance with applicable laws and regulations.
3.7 KEY FINDINGS OF THE PROJECT
Some of the key findings were the need for improved communication and collaboration
between different departments, the importance of clearly defining roles and responsibilities,
the need for better resource allocation and management, and the importance of transparency
in decision-making processes. By addressing these issues, I believe that we can improve our
overall efficiency and effectiveness as a company. The key findings of the project for the
finance HR intern were the requirement for improved communication and collaboration
between different departments. The importance of clearly defining roles and responsibilities,
so that there will be better resource allocation and management, and this shows the
importance of transparency in decision-making process.
The lack of coordination and collaboration amongst many departments was, in my opinion,
one of the project's main problems. Because of this, it was challenging to coordinate our
efforts and make sure that everyone was moving toward the same objectives.
Lastly, there was some confusion around roles and responsibilities, which made it difficult to
hold people accountable for their work. At the end, there were some issues with resource
allocation and management, which meant that we weren't always making the most of the
resources that we had available. By addressing these problems, I believe that we can improve
our overall efficiency and effectiveness for the company and achieve our goals more
successfully. Another issue that we encountered was the lack of a clear decision-making
process. This made it difficult to make important decisions and ensure that everyone was on
the same page. Additionally, there were some issues with project management, which meant
that we weren't always able to meet our deadlines and deliverables. Finally, there were some
gaps in our training and development programs, which meant that some team members were
not fully equipped to handle their roles and responsibilities. By knowing these issues, I
believe that we can create a more productive and efficient workplace that fosters growth and
development for all team members and coworkers as well.
3.8 Impressions of the business/organization
Based on my observations, I believe that the business organization has a lot of potential for
growth and improvement. While there were certainly some challenges that we encountered
during the project, I think that these issues can be addressed with the right strategies and
processes in place. Overall, I think that the organization has a strong foundation and a
talented team, and I am excited to see what we can achieve together in the future. I would be
happy to share some more information about www.workie.in. From what I understand, it is
an online platform that connects job seekers with potential employers. It offers a range of
services, such as resume building and interview preparation, to help job seekers improve their
chances of landing a job. Additionally, it provides employers with a streamlined way to find
and hire qualified candidates. Overall, I think that WORKIE has the potential to be a valuable
resource for both job seekers and employers, and I look forward to seeing how it
evolves in the future. As a finance intern, I found the project to be a great learning
experience. It gave me the opportunity to work on real-world problems and develop my skills
in areas such as data analysis, financial modelling, and project management. Additionally, I
was able to learn more about the company's operations and gain a better understanding of
how different departments work together to achieve common goals. Overall, I think that the
project was a valuable experience that will help me as I continue to pursue my
career in finance. As a finance intern, I was able to gain a lot of practical experience that will
be valuable as I continue to pursue my career. The project gave me the opportunity to work
on a variety of tasks, including financial analysis, budgeting, and forecasting. I also had the
chance to work closely with other departments, which helped me to develop my
communication and collaboration skills. Overall, I think that the project was a great way to
learn more about the company and gain hands-on experience in finance.
3. CONCLUSION

I think that gaining practical experience is one of the best ways to prepare for a career in
finance and I was able to work on real-world problems and develop my skills in areas such as
financial analysis and project management. Overall, I had a valuable experience that will help
me to continue to pursue this as my career. It requires a lot of enthusiasm for your work and I
think that having a positive attitude and willingness towards learning are two of the most
important qualities that someone can have in any job that gained a lot of valuable experience
as a result. Hope that I will continue to build on that experience and find success in my future
endeavours.

3.1 LEARENINGS/TAKEAWAYS
Some of the key takeaways that include developing your skills in areas such as
recruitment, employee relations, and performance management. you may have gained a
better understanding of how HR functions within a larger organization, and how it can
contribute to the overall success of the company. Overall, I think that my experience as a
finance intern was a valuable one, and I hope that you were able to take
away a lot from it. One of the things that I learned was the importance of attention to
detail when it comes to financial analysis. Even small errors can have a big impact on the
accuracy of your results, so it's important to be thorough and double-check your work.
Above all, I learned a lot about financial modelling and forecasting, which are critical
skills in the finance industry. I also had the opportunity to work on some interesting
projects, which allowed me to apply the skills that I had learned in a real-world context.
Overall, I think that my time as a finance intern was a great learning experience and I'm
excited to continue building on the skills that I developed. I had a really positive
experience during my time there, and I learned a lot about financial analysis, modelling,
and forecasting.
I think that having practical experience is so important when it comes to building a career
in finance, and I was able to gain a lot of that experience during my internship. I had the
opportunity to work on some interesting projects that allowed me to apply my skills in a
real-world context. At last, I think that my experience as a finance intern was a really
valuable one, and I'm excited to continue building on the skills that I developed.
4.2 RECOMMENDATIONS TO BUSINESS ORGANISATION

I would recommend that you must look for companies that have a strong track record of
success and are known for their innovative approaches to business. It’s important to look for
organizations that have a positive corporate culture and that value their employees. This can
help ensure that you have a positive work experience and feel supported in your career
development. Finally, I would recommend that you do your research and try to learn as much
as you can about the company before applying for a job there. This can help you determine
whether it's a good fit for your skills and interests.
For example, if you're interested in technology, you might want to look for companies that
are known for their innovative products or services. It's important to consider the company's
reputation and how it's viewed within the industry. You may also want to look for
organizations that have a strong commitment to corporate social responsibility, as this can be
an important factor for many job seekers. Finally, I would recommend that you should
network as much as possible and try to connect with people who work at the companies that
you're interested in. This can help you learn more about the company culture and what it's
like to work there.
It can be helpful to look for the companies that have a positive reputation within the industry
and that are known for their commitment to excellence. I would recommend doing some
research on the company culture and values, and trying to connect with people who work at
the company to learn more about what it's like to work there. This can help you determine
whether the company is a good fit for your skills and interests.
You may also want to look for organizations that have a positive reputation within the
industry and that are known for their commitment to innovation and excellence. You should
do your research and try to learn as much as you can about the company before applying for a
job there. This can help you determine whether it's a good fit for your skills and interests.
One thing that you may want to consider is looking for companies that have a strong focus on
training and development, and that offer opportunities for employees to learn new skills and
take on new challenges. Therefore, a company that values its employees and provides
opportunities for growth and development can help you to ensure that you have opportunities
to learn new skills and advance in your career. Finally, it’s important to consider the
company's values and how they align with your own.
4.3 SELF EVALUATION OF THE PROJECT OUTCOMES

I believe that I did a good job of meeting the project objectives and delivering high-quality
work. One of the things that I'm particularly proud of is my ability to work effectively with
my team members and communicate clearly throughout the project. In Addition, I think that I
was able to bring a creative perspective to the project and come up with some innovative
solutions to the challenges that we faced. Nevertheless, there are always areas for
improvement, and I think that I could have done a better job of managing my time and
assignment prioritization more efficiently. Moving forward, I'm eager to advance and build
on the abilities I acquired through this attempt in order to achieve even greater success in the
future.
In terms of evaluating the project outcomes, I advise looking at the precise goals you were
aiming for and evaluating how well you were able to accomplish them when reviewing the
project's outcomes. It’s important to consider the feedback that you received from your
supervisor and team members, as this can provide valuable insights into areas where you may
need to improve moving forward. Finally, I would recommend taking some time to evaluate
on your own performance and identifying areas where you feel that you excelled, as well as
areas where you could have done better. This can help you continue to grow and develop
your skills and abilities as a finance professional.
I was able to contribute some fresh ideas and insights, and I feel like my team appreciated my
contribution. That being said, there is always room for improvement. One thing that I think I
could have done better is managing my time more effectively. I noticed that I was losing
focus on some of the specifics and wasn't as effective as I may have been. Moving forward,
I'm going to work on prioritizing my tasks more effectively and staying focused on the big
picture. Though, I'm really proud of what I was able to accomplish and I'm excited to
continue learning and growing as a professional.
Overall, I think that I was able to contribute significantly to the team and help us achieve our
goals. I was able to use my skills and expertise to come up with some creative solutions for
the challenges that we faced, and I feel like my work was well received by the other team
members. That being said, there were definitely some areas where I could have done better.
For example, I think that I could have been more proactive about communicating with the
team and keeping everyone in the loop. Additionally, I think that I could have done a better
job of managing my workload and staying organized. Moving forward on enhancing these
talents I'm going to work on developing these skills and continuing to build on the progress
that I've made so far.
5 BIBLIOGRAPHY

• https://realtomation.com/build-real-estate-business-ecosystem/

• https://explodingtopics.com/blog/real-estate-trends

• https://www.nar.realtor/research-and-statistics

•https://corporatefinanceinstitute.com/resources/knowledge/modeling/what-is-financial-
modeling/2
• https://cdm.unfccc.int/Projects/DB/SIRIM1277472383.2/view

• https://en.wikipedia.org/wiki/Wind_power_in_India#Installed_capacity

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