Project Planning and Management

Paper Code: 
24CATG613
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: 

Course Outcomes (COs):

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

24CATG613

Project Planning and Management

(Theory)

CO205: Analyze project management systems and conduct project feasibility studies.

CO206: Evaluate detailed procedures of project planning and evaluation.

CO207: Examine project organization structures and conduct risk and sensitivity analyses.

 CO208: Analyze projects using techniques for cost estimation and budgeting.

CO209: Develop effective strategies for controlling and managing projects.

CO210: Contribute effectively in course-specific interaction

Approach in teaching: Interactive Lectures, Discussions, Tutorials Problem solving sessions, Presentations.

 

Learning activities for the students: Self-learning assignments, Case Study Analysis, Presentations, Group Discussions.

 

Continuous Assessment Test,

Semester end Examinations,

Quiz,

Solving Numerical problems, Assignments, Class Presentations, Individual & group projects.

 

12.00
Unit I: 
Project Management, SDLC and Project Feasibility Study:

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 Life 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,
● Limitations of social cost benefit analysis

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: