Project Planning and Management

Paper Code: 
25DATG511A
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to develop fundamental project management skills, including project planning, feasibility analysis, risk assessment, and cost-benefit evaluation. They will learn to analyze project viability, implement control mechanisms, and apply audit techniques to ensure successful project execution.

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

25DATG511A

Project Planning and Management

(Theory)

CO169: Demonstrate an understanding of project management fundamentals, including project characteristics, life cycle, and system development models

CO170: Assess project feasibility by conducting market, technical, and financial analyses to support decision-making.

CO171: Apply capital budgeting techniques and risk evaluation methods to analyze project viability and uncertainty.

 CO172: Perform sensitivity analysis and evaluate projects using Social Cost-Benefit Analysis frameworks.

CO173: Implement project scheduling, control measures and monitoring techniques methodologies to enhance project success.

CO174: Contribute effectively in course-specific interaction

Approach

in

teaching:

Interactive

Lectures,

Discussion,

Tutorials,

Reading

assignments

; Solving

Questions.

 

Learning

activities

for the

students:

Self learning

assignments

, Effective

questions,

Seminar presentation.

  

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

 

12.00
Unit I: 
Project Management, SDLC

Project management:
● Project, characteristics of project, project vs operations, project performance dimensions
● Project management-characteristics, Project Management Functions- General, Basic and Integrative
● Classification of Project: Little Merrless Classification, Sectoral Basis Classification, Techno-Economic Classification, Financial Institution’s Classification
● 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.

12.00
Unit II: 
Project Life Cycle and Project Feasibility Study

Project Life cycle: Phases:
• Initiation Phase,
• Planning Phase,
• Execution Phase,
• Monitoring and Controlling Phase,
• Closure Phase
Project Feasibility Study
• Market analysis,
• Technical analysis,
• Financial analysis

12.00
Unit III: 
Project Evaluation and Risk Analysis

Project Evaluation -Capital Budgeting Methods:
● Payback period method, Accounting Rate of return ,
● Net present value method, Profitability Index , Internal Rate of return method
Risk Analysis:
• Risk and Uncertainty
• Kinds of Project risk
• Risk Evaluation Techniques: Risk adjusted discount rate, Probability Analysis, Standard Deviation, Coefficient of Variation, Decision Tree Analysis

12.00
Unit IV: 
Sensitivity Analysis and Social Cost Benefit Analysis

Sensitivity Analysis
• Objectives, Steps
• Methods: Percentage Change approach, Accounting Break Even Approach, NPV Break even Approach, Pay off Matrics Approach
• Evaluation of Sensitivity Analysis
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 V: 
Network analysis , Project Implementation and Control

Network analysis techniques:
● PERT and CPM
● Network diagram construction
Determination of the critical path
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

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: