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Project Management
Project Management
HSS 3 0 0 3
Preamble
Project management has been proven to be the most effective method of delivering
products within cost, schedule, and resource constraints. It provides the skills to ensure that
the projects are completed on time and on budget while giving the user the product, they
expect. This course gives strong working knowledge of the basics of project management
and be able to immediately use that knowledge to effectively manage work projects.
Prerequisite
Nil
Course Outcomes
On the successful completion of the course, students will be able to
Cos Course outcomes Blooms Expected Expected
Level Proficiency attainment
(%) Level (%)
CO1 Explain the organizational structure for Understand 75 80
managing projects to develop a product
with a given specification
CO2 Estimate the cost required to complete Apply 75 80
a given project
CO3 Construct a work breakdown structure Apply 75 80
for a given business cases
CO4 Identify the critical path in scheduling a Apply 75 80
set of project-activities
CO5 Outline the importance and various Understand 75 80
activities performed for resource
management, risk assessment and
project closure.
COs PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8 PO9 PO10 PO11 PO12
CO1. S
CO2. S
CO3 S
CO4 S
CO5. S
Syllabus
Understanding Projects and Project management: Definition of Project & Project
Management. Life cycle of Project. Project Management Methodologies & Growth
Project Selection & Appraisal: Project ideas generation, Pre-Feasibility Analysis (SWOT).
Feasibility Analysis-Market& Demand appraisal, Technical appraisal, Financial appraisal
( debt/equity ratio, different sources of finance, financial institution, Cash Flows, Profitability
projections like PBP, NPV, IRR, BreakEven Analysis). Risk analysis (Sensitivity analysis &
Scenario Analysis). Economic Feasibility (SCBA-UNIDO approach). Preparing a detailed
Project Proposal (Executive Summary).
Project Planning & Execution: Attributes & Definition of planning. WBS. Time Planning
(PERT/CPM/Trade off). Material Planning (Procurement logistics & storage). Machines &
Technology planning. Human Resource Planning (Project Organization). Planning the cost
(Budgeting). QAP. Planning of Risk Management. Resource Allocation & Resource Leveling.
Introduction & use of PM software.
Project Closure & Termination: Inspection. Testing. Transportation. Commissioning. Trial
Run. Documentation required for Project Handover. Preparing a Project Report for Future
Reference.
Case Studies
Text Book
Reference Books
Lecture Schedule
Course Designers