12MBACM353 Project Management and Budgeting syllabus for MBA


Unit-1 Project management 6 hours

Project management: concepts & key terms, evolution of integrated projectmanagement system, aligning projects with organization strategy;Introduction to key concepts: project characteristics Emerging Internationaltrends; Project scheduling: Gantt chart, Pert- ADM Networks, and three timeestimation.

Unit-2 Effective project portfolio management system 6 hours

Effective project portfolio management system, project life cycle, feasibilitiesof projects-different forms of project contracting; Resource Allocation –Resource estimation, allocation & Leveling.

Unit-3 Project Scope management & Budgeting 6 hours

Project Scope management & Budgeting: defining project scope, creatingwork break down structure (WBS); Project cost estimation methods; projectbudgeting and cost breakdown structure (CBS)

Unit-4 Project roll up 6 hours

Project roll up; process break down structure; responsibility matrix; ProjectMonitoring and control: assessment of current status of activity completionand updating, details and frequency of reporting, system of weighted averagecompletion

Unit-5 Project scheduling and Risk Management 8 hours

Project scheduling and Risk Management: network models, PERT & CPMusing software; Project performance evaluation : ‘S’ curves for projectcompletion and cost comparison Concept of earned value, cost and scheduleperformance indices, estimates at completion

Unit-6 Measuring risk 8 hours

Measuring risk; Contingency planning; scheduling resources; reducingproject duration; Project performance evaluation: ‘S’ curves for projectcompletion and cost comparison; Concept of earned value, cost and scheduleperformance indices, estimates at completion

Unit-7 Project Team Management 8 hours

Project Team Management: building high-performance project teams,managing virtual project teams, project control process; Basic essential anddesirable features for Project management packages; assessing and evaluatingorganizational needs and matching of features; overview of differentpackages available; demonstration of the use packages

Unit-8 Performance measurement and evaluation 8 hours

Performance measurement and evaluation, project quality, planning, qualityassurance, quality audit, project closure, post completion audit; Projectprocurement and contact management: Project purchasing – specialcharacteristic, material controls, codification and storage

Last Updated: Tuesday, January 24, 2023