Project Planning and Management

Paper Code: 
24DATG601B
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to develop comprehensive project plans, manage project teams effectively, and successfully execute projects within budget and schedule constraints.

Course Outcomes (COs):

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

24DATG

601B

Project Planning and Management

(Theory)

CO151: Analyze project management systems and conduct project feasibility studies.

CO152: Evaluate detailed procedures of project planning and evaluation.

CO153: Examine project organization structures and conduct risk and sensitivity analyses.

 CO154: Analyze projects using techniques for cost estimation and budgeting.

CO155: Develop effective strategies for controlling and managing projects.

CO156: 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.

 

12.00
Unit I: 
Introduction to Project Management

● 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

12.00
Unit II: 
Project Appraisal and Risk Management:

● 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

12.00
Unit III: 
Decision Making and Social Cost-Benefit Analysis:

● Decision Making-
● Decisions under Uncertainty,
● 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,

12.00
Unit IV: 
Project Finance and Network 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

12.00
Unit V: 
Project Implementation, Control, and Audit:

● 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).

Essential Readings: 

● Chandra, P. Project Preparation Appraisal Budgeting and Implementation
● Agarwal N.P & Mishra B K. Project Management. Ramesh Book Depot
● Saxena, H. Project Management. RBD, Jaipur

References: 

Suggested Readings:
● 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

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...

Reference Journals:
● IUP Journal of Accounting Research
● The Indian Journal of Commerce
● Business Perspectives and Research
● Vikalpa: Journal for Decision Makers
● Metamorphosis A Journal of Management Research
● Harvard Business Review

Academic Year: 
2024-2025
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