Unit 1

Overview of Project Management: Verities of project, Project Features, Project Life Cycle – S-Curve, J-C
Project Selection: Project Identification and Screening – New ideas, Vision, Long-term objectives, SWOT Analysis (Strength, Weakness, Opportunities, Threats).
Project Appraisal – Market Appraisal, Technical Appraisal, Economic Appraisal, Ecological Appraisal, and Financial Appraisal – Payback, Net Present Value (NPV), Internal Rate of Returns (IRR).
Project Selection – Decision Matrix, Technique for Order Preference using Similarity to Ideal Solution (TOPSIS), Simple Additive Weighting (SAW).

Unit 2

Project Presentation: WBS, Project Network – Activity on Arrow (A-O-A), Activity on Node (A-O-N).
Project Scheduling: Gant Chart, Critical Path Method (CPM), Project Evaluation & Review Technique (PERT).(6hrs)
Linear time cost trade-offs in project – Direct cost, indirect cost, Project crashing Resource Consideration – Profiling, Allocation, Levelling.
Introduction to project management software: Primavera/ Microsoft project

Unit 3

Project Execution: Monitoring control cycle, Earned Value Analysis (EVA), Project Control – Physical control, Human control, financial control.
Organizational and Behavioral Issues: Organizational Structure, Selection-Project Manager, Leadership Motivation, Communication, Risk Management.
Project Termination: Extinction, Addition, Integration, Starvation.

Textbook(s)

• Jack R. Meredith and Samuel J. Mantel, Jr. – ‘Project Management- A Managerial Approach’ Eighth Edition – John Wiley & Sons Inc – 2012.
• Arun Kanda – ‘Project Management-A Life Cycle Approach’ PHI Learning Private Limited – 2011

Reference(s)

• ‘A Guide to Project Management Body of Knowledge’ PMBOK GUIDE, Sixth edition, Project management Institute – 2017
• Ted Klastrorin – ‘Project Management, Tools, and Trade-Offs’ – John Wiley – 2011

Evaluation Pattern

Objectives

• To discuss the project life cycle and build a successful project from pre-implementation to completion.
• To introduce different project management tools and techniques

Course Outcomes

• CO1: Appraise the selection and initiation of individual projects and its portfolios in an enterprise.
• CO2: Analyze the project planning activities that will predict project costs, time schedule, and quality.
• CO3: Develop processes for successful resource allocation, communication, and risk management.
• CO4: Evaluate effective project execution and control techniques that results in successful project completion

CO – PO Mapping