Project Management Techniques

Paper Code: 
25DATG815
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to gain an in-depth understanding of project management techniques, focusing on risk management, project scheduling, cost estimation, and budgeting. They will learn to apply advanced project execution strategies, monitor performance, and manage stakeholder engagement for efficient project completion.

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

25DATG815

 

 

Project Management Techniques (Theory)

 

 

CO307:  Analyze the core principles of project management, focusing on project initiation, stakeholder engagement, and risk assessment strategies.

CO308: Develop project scheduling skills using Gantt charts, PERT, and CPM techniques to determine the critical path

CO309: Analyze cost estimation methods, budget control techniques, and earned value management for project financial planning.

CO310: Implement project execution strategies, including team management, monitoring, variance analysis, and quality assurance.

CO311: Develop effective project closure and stakeholder management strategies, incorporating best practices and emerging trends.

CO312: Contribute effectively in course-specific interaction

Approach in teaching:

Interactive Lectures, Discussion,

Tutorials,

Class Discussions

 

Learning

activities

for the

students:

Self-learning assignments, Application based

questions,

Case studies and group discussions

  

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects.

 

11.00
Unit I: 
Fundamentals to Project Management and Risk Management

• Introduction to project management
● Definition and characteristics of projects
● Importance of project management
● Project initiation and planning
● Project charter and its components
● Stakeholder identification and analysis
• Risk Management
• Risk identification, assessment, and prioritization
• Risk response planning and mitigation strategies

14.00
Unit II: 
Project Scheduling and Network Techniques

• Project scheduling:
• Gantt charts
• Network analysis techniques:
• Network Diagram Construction
• Time Cost Relationship(Crashing)
• Resource Allocation
• Resource Levelling

14.00
Unit III: 
Cost Estimation and Budget Control

• Cost estimation
• Significance, Types, Process of Cost Estimation
• Budget control:
• Cost variance analysis: Definition and purpose, Types of variances (e.g., cost variance, schedule variance)
• Earned value management (EVM)- Cost Performance Index (CPI), Schedule Performance Index (SPI)
• Budget forecasting: Techniques for forecasting budgets ( trend analysis, moving averages)

11.00
Unit IV: 
Project Execution and Monitoring

● Project execution and team management
● Project communication and coordination
● Leadership and team development
● Project monitoring and control
● Performance measurement and variance analysis
● Change control and project documentation
● Quality management in projects
● Quality planning and assurance
● Quality control and continuous improvement

10.00
Unit V: 
Project Closure and Stakeholder Management

● Project closure activities
● Project handover and transition
● Lessons learned and project evaluation
● Stakeholder management
● Identifying and analyzing stakeholders
● Stakeholder engagement and communication
● Project management best practices and emerging trends
● Agile project management
● Project management software and tools

Essential Readings: 

● Chandra, P. Project Preparation Appraisal Budgeting and Implementation
● Nagarajan, K. Project Management: Principles, Processes, and Practices, Vikas Publishing House Pvt. Ltd.
● Sahay B. S., & Sridhar M. A., Modern Project Management, Oxford University Press
● Agarwal N.P & Mishra B K. Project Management. Ramesh Book Depot
● Saxena, H. Project Management. RBD, Jaipur

References: 

● Kerzner, H. Project Management: A Systems Approach to Planning, Scheduling, and Controlling. John Wiley & Sons, Inc
● David G. Carmichael. Project Planning, and Control. CRC Press
● Sankar,R. Project Management: Planning and Control Techniques, Ane Books Pvt. Ltd.

e-Resources
● https://www.manage.gov.in/studymaterial/PPM-E.pdf
● http://accioneduca.org/admin/archivos/clases/material/planning_156399028...
● https://www.nesacenter.org/uploaded/conferences/SEC/2014/handouts/Rick_D...
● https://www.projectmanagementdocs.com/
● https://www.projectmanager.com/blog
● https://www.energy.gov/sites/default/files/2018/02/f49/doe-risk-manageme...
● https://www.projectmanager.com/blog/project-closure-checklist

Academic Year: 
2025-2026
  • Printer-friendly version
  • PDF version