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PROJECT PLANNING AND MANAGEMENT
Course Outcomes (Cos):
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Course Outcomes
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Learning and teaching strategies |
Assessment Strategies |
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On completion of this course, the students will be able to:
CO 126: Acquaintance with basics of Project management system and be able to conduct Project feasibility study CO 127: Infer the procedures of project planning and evaluation CO 128: Examine the project organisation structure and able to conduct risk and sensitivity analysis CO 129: Analyse the project with the help of techniques of cost estimation and budgeting CO 130: Examine the procedures of controlling and managing the project |
Explanations, Discussion, Demonstration, Action Research, Project work.
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects. |
• Project management - Project, project vs operations, project performance dimensions, project planning, project management- challenges, components, steps, project life cycle, general management vs project management, qualities of project manager.
• System Development Cycle- SDLC meaning, phases, system analyst, authorities, responsibilities, accountabilities of system analyst. SDLC models- Waterfall, Iterative, Prototyping, Spiral and Agile model.
• Project Feasibility Study- market analysis, technical analysis, financial analysis, economic analysis, managerial and organizational analysis, energy management and ecological analysis
• Project Appraisal: Capital Budgeting Methods: Payback period method, Accounting Rate of return Net present value method, Profitability Index , Internal Rate of return method.
• Managing risk in Projects- Project risk management, Benefits of project risk management, Project risk management steps- Risk Management Planning, Identify Risk Events, Qualitative Risk Analysis, Quantitative Risk Analysis, Risk Response, Risk Monitoring & Control
• Risk and sensitivity Analysis- decisions under Uncertanity, Decisions under Risk, Techniques of Decision-Making under Risk and Uncertainty
• Social Cost Benefit Analysis- Social Costs, Social Benefits, steps in Social cost Benefit Analysis, Approaches to SCBA- UNIDO approach, Little-Mirrlees approach, Indian Approach, Limitations of social cost benefit analysis
• Project Finance : Direct Financial Assistance, Bridge Loans, Specific Assistance Scheme of Financial Institutions,
• Network Analysis (PERT and CPM)- Use of PERT in Project management, Critical Path method, Terminology used in network analysis, comparison between PERT and CPM, Construction of network diagram, Determination of Critical Path, application of PERT in Project management
• Project Implementation and Control: Project implementation, Pre-requisites for successful implementation, Work breakdown structure (WBS)
• Project management System: Introduction, Characteristics of a system, Essentials, Levels of PMIS, Information and Technology requirements
• Project Audit : Project Audit Ex-post Project Evaluation, Human aspect of project Management ,Environment Appraisal of project (a brief Review).
• Agarwal N.P & Mishra B K. Project Management. Ramesh Book Depot
• Saxena, H. Project Management. RBD, Jaipur
• 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
