Project Management

Paper Code: 
MRM 422
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Objective

• To acquaint students with various aspects of Project Management including formulation, feasibility, planning, control, evaluation and reporting.

                                        Course Outcomes (COs):

Learning Outcomes (at course level)

Learning and teaching strategies

Assessment Strategies

 
 

The student will be able to-

  1. Understand various aspects and steps of Project Management
  2. Understand various phases of Life Cycle of a project.
  3. Use Networking based techniques in project planning and scheduling
  4. Use various DCF techniques for evaluating a project proposal
  5. Prepare a project report

Approach in teaching:

Interactive Lectures, Group Discussion, Tutorials, Case Study

 

Learning activities for the students:

Self-learning assignments, presentations

Class test, Semester end examinations, Quiz, Assignments, Presentation

 

 

12.00
Unit I: 
Project Management:

Project Management: Concept, Definition, Characteristics of a Project, Classification of Projects, Causes of project failure, Project Management Vs General Management, Steps in Project Management, Life cycle of a project, Roles and qualities of a Project manager
Project Formulation: Introduction, sequential stages of Project formulation.

12.00
Unit II: 
Project Feasibility& Appraisal:

Project Feasibility& Appraisal: Meaning, Scope, Types (Technical, Market & Financial feasibility)
Social Cost Benefit Analysis: Meaning, Approaches
(UNIDO & L-M approach) and Shadow Pricing.

12.00
Unit III: 
Project planning & scheduling:

Project planning & scheduling: Introduction, Scheduling Techniques (Bar Chart, Network based scheduling-PERT &CPM)
Project Organization: Functional, Task force & Matrix Organization structure

12.00
Unit IV: 
Project Control:

Project Control: Information monitoring, internal & external project control, cost accounting systems for project control, control process, performance analysis, variance limits, and issues in project control.
Capital Budgeting- Introduction, Discounted cash flow techniques: Net Present Value and IRR, Capital Rationing, Risk Evaluation Techniques.

12.00
Unit V: 
Project Management Information System:

Project Management Information System: Meaning, Benefits of computer based PMIS, features of PMIS
Project Evaluation, Reporting & Termination: Project reviews & reporting, closing the contract.

Essential Readings: 

• Rajeev M Gupta, “Project Management”, PHI
• Nagrajan .K Project management New Age International Publishers
• Vasant Desai “Project Management”, Himalaya Publishing House.
• Mantel, Meredith, Shafer, Sutton, Gopalan, “Project Management”, Core Text Book, Second Indian Edition, Wiley
• Prasanna Chandra “Project Planning, Implementation & Review” Tata McGraw-Hill, New Delhi
• Agarwal, Mishra, “Project Management”, RBD, Jaipur
• Agarwal MR- “Project Management” Garima Publication, Jaipur
• Choudhary S, “Project Management”, TMH, New Delhi

Academic Year: