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.
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course title |
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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.
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects. |
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.
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
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
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
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
● 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
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 [2]
● http://accioneduca.org/admin/archivos/clases/material/planning_156399028... [3]
● https://www.nesacenter.org/uploaded/conferences/SEC/2014/handouts/Rick_D... [4]
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
Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/project-planning-and-management-6
[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://accountingtaxation.iisuniv.ac.in/academic-year/2025-2026