Introduction:
Definition of project, characteristics of projects, understand projects, types of projects, scalability of project tools, project roles Project Selection and Prioritization – Strategic planning process, Strategic analysis, strategic objectives, portfolio alignment – identifying potential projects, methods of selecting projects, financial mode / scoring models to select projects, prioritizing projects, securing and negotiating projects.
Planning Projects:
Defining the project scope, Project scope checklist, Project priorities, Work Breakdown Structure (WBS), Integrating WBS with organisation, coding the WBS for the information system. Scheduling Projects: Purpose of a project schedule, historical development, how project schedules are limited and created, develop project schedules, uncertainty in project schedules, Gantt chart.
Resourcing Projects:
Abilities needed when resourcing projects, estimate resource needs, creating staffing management plant, project team composition issues, Budgeting Projects: Cost planning, cost estimating, cost budgeting, establishing cost control. Project Risk Planning: Risk Management Planning, risk identification, risk analysis, risk response planning, Project Quality Planning and Project Kick off: Development of quality concepts, project quality management plan, project quality tools, kick off project, baseline and communicate project management plan, using Microsoft Project for project baselines.
Performing Projects:
Project supply chain management: - Plan purchasing and acquisitions, plan contracting, contact types, project partnering and collaborations, project supply chain management. 28 Project Progress and Results: Project Balanced Scorecard Approach, Internal project, customer, financial issues, Finishing the project: Terminate project early, finish projects on time, secure customer feedback and approval, knowledge management, perform administrative and contract closure.
Network Analysis:
Introduction, network construction - rules, Fulkerson’s rule for numbering the events, AON and AOA diagrams; Critical path method (CPM) to find the expected completion time of a project, floats; PERTfor finding expected duration of an activity and project, determining the probability of completing a project, predicting the completion time of project; crashing of simple projects.
Course Outcomes:
At the end of the course the student will be able to:
CO1: Understand the selection, prioritization and initiation of individual projects and strategic role of project management.
CO2: Understand the work breakdown structure by integrating it with organization.
CO3: Understand the scheduling and uncertainty in projects.
CO4: Understand risk management planning using project quality tools.
CO5: Understand the activities like purchasing, acquisitions, contracting, partnering and collaborations related to performing projects.
CO6: Determine project progress and results through balanced scorecard approach
CO7: Draw the network diagram to calculate the duration of the project and reduce it using crashing.
Question paper pattern:
Textbook/s
1 Project Management Timothy J Kloppenborg Cengage Learning Edition 2009
2 Project Management -A systems approach to planning scheduling and controlling Harold kerzner CBS publication
3 Project Management S Choudhury McGraw Hill Education (India) Pvt. Ltd. New Delhi 2016
Reference Books
1 Project Management Pennington Lawrence Mc Graw Hill
2 Project Management A Moder Joseph and Phillips New Yark Van Nostrand Reinhold
3 Project Management, Bhavesh M. Patal Vikas publishing House