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Project Management and Techniques [1]

Paper Code: 
24DATG815
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to develop a comprehensive understanding of project management principles and techniques for effective planning, execution, and control of projects.
Course Outcomes (COs):

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

24DATG815

 

 

Project Management and Techniques (Theory)

 

 

CO307:  Analyze the fundamentals of project management, including project characteristics, life cycle, and stakeholder roles.

CO308: Develop skills in project planning and effective scope management

CO309: Evaluate project scheduling techniques, resource optimization, and risk management strategies..

CO310: Implement effective project execution, monitoring, quality management, and change control processes.

CO311: Create a comprehensive project closure plan, addressing stakeholder engagement and emerging project management trends

CO312: 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.

 

11.00
Unit I: 
Fundamentals to Project Management:

• Introduction to project management
● Definition and characteristics of projects
● Importance of project management
● Project life cycle
● Phases and key deliverables
● Roles and responsibilities of project stakeholders
● Project initiation and planning
● Project charter and its components
● Stakeholder identification and analysis

14.00
Unit II: 
Project Planning and Scope Management:

● Project planning processes
● Work breakdown structure (WBS)
● Activity sequencing and network diagrams
● Estimation techniques
● Time and cost estimation
● Resource allocation and leveling
● Scope management
● Defining project scope and requirements
● Change control and scope creep

14.00
Unit III: 
Project Scheduling and Risk Management:

Project scheduling techniques
● Critical Path Method (CPM)
● Gantt charts and milestone tracking
● Resource management and allocation
● Resource levelling and optimization
● Resource histogram and utilization analysis
● Introduction to risk management
● Risk identification, assessment, and prioritization
● Risk response planning and mitigation strategies

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: 

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
● Sankar,R. Project Management: Planning and Control Techniques, Ane Books Pvt. Ltd.

e-Resources
● https://www.manage.gov.in/studymaterial/PPM-E.pdf [2]
● http://accioneduca.org/admin/archivos/clases/material/planning_156399028... [3]
● https://www.nesacenter.org/uploaded/conferences/SEC/2014/handouts/Rick_D... [4]
● https://www.projectmanagementdocs.com/ [5]
● https://www.projectmanager.com/blog [6]
● https://www.energy.gov/sites/default/files/2018/02/f49/doe-risk-manageme... [7]
● https://www.projectmanager.com/blog/project-closure-checklist [8]

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 [9]

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Source URL: https://accountingtaxation.iisuniv.ac.in/courses/subjects/project-management-and-techniques-3

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/project-management-and-techniques-3
[2] https://www.manage.gov.in/studymaterial/PPM-E.pdf
[3] http://accioneduca.org/admin/archivos/clases/material/planning_1563990283.pdf
[4] https://www.nesacenter.org/uploaded/conferences/SEC/2014/handouts/Rick_Detwiler/15_Detwiler_Resources.pdf
[5] https://www.projectmanagementdocs.com/
[6] https://www.projectmanager.com/blog
[7] https://www.energy.gov/sites/default/files/2018/02/f49/doe-risk-management-handbook-2017.pdf
[8] https://www.projectmanager.com/blog/project-closure-checklist
[9] https://accountingtaxation.iisuniv.ac.in/academic-year/2024-2025