PROJECT MANAGEMENT (18ME745)

PROJECT MANAGEMENT

Course Code 18ME745
CIE Marks 40
Teaching Hours /Week (L:T:P) 3:0:0
SEE Marks 60
Credits 03
Exam Hours 03

Course Learning Objectives:

 To understand how to break down a complex project into manageable segments and use of effective project management tools and techniques to arrive at solution and ensure that the project meets its deliverables and is completed within budget and on schedule.
 To impart knowledge on various components, phases, and attributes of a project.
 To prepare students to plan, develop, lead, manage, and successfully implement and deliver projects within their chosen practice area.

Module-1

Introduction: Definition of project, characteristics of projects, understand projects, types of projects, scalability of project tools, project roles Project Selection and Prioritization – Strategic planning process, Strategic analysis, strategic objectives, portfolio alignment – identifying potential projects, methods of selecting projects, financial mode/scoring models to select projects, prioritizing projects, securing and negotiating projects.

Module-2

Planning Projects: Defining the project scope, Project scope checklist, Project priorities, Work Breakdown Structure (WBS), Integrating WBS with organisation, coding the WBS for the information system. Scheduling Projects: Purpose of a project schedule, historical development, how project schedules are limited and created, develop project schedules, uncertainty in project schedules, Gantt chart.

Module-3

Resourcing Projects: Abilities needed when resourcing projects, estimate resource needs, creating staffing management plant, project team composition issues, Budgeting Projects: Cost planning, cost estimating, cost budgeting, establishing cost control. Project Risk Planning: Risk Management Planning, risk identification, risk analysis, risk response planning, Project Quality Planning and Project Kick off: Development of quality concepts, project quality management plan, project quality tools, kick off project, baseline and communicate project management plan, using Microsoft Project for project baselines.

Module-4

Performing Projects: Project supply chain management: - Plan purchasing and acquisitions, plan contracting, contact types, project partnering and collaborations, project supply chain management. 28 Project Progress and Results: Project Balanced Scorecard Approach, Internal project, customer, financial issues, Finishing the project: Terminate project early, finish projects on time, secure customer feedback and approval, knowledge management, perform administrative and contract closure.

Module-5

Network Analysis: Introduction, network construction - rules, Fulkerson’s rule for numbering the events, AON and AOA diagrams; Critical path method (CPM) to find the expected completion time of a project, floats; PERTfor finding expected duration of an activity and project, determining the probability of completing a project, predicting the completion time of project; crashing of simple projects.

Course Outcomes: At the end of the course the student will be able to:

CO1: Understand the selection, prioritization and initiation of individual projects and strategic role of project management.
CO2: Understand the work breakdown structure by integrating it with organization.
CO3: Understand the scheduling and uncertainty in projects.
CO4: Understand risk management planning using project quality tools.
CO5: Understand the activities like purchasing, acquisitions, contracting, partnering and collaborations related to performing projects.
CO6: Determine project progress and results through balanced scorecard approach
CO7: Draw the network diagram to calculate the duration of the project and reduce it using crashing.

Question paper pattern:

 The question paper will have ten full questions carrying equal marks.
 Each full question will be for 20 marks.
 There will be two full questions (with a maximum of four sub- questions) from each module.
 Each full question will have sub- question covering all the topics under a module.
 The students will have to answer five full questions, selecting one full question from each module.

Textbooks

1 Project Management Timothy J Kloppenborg Cengage Learning Edition 2009
2 Project Management -A systems approach to planning scheduling and controlling Harold kerzner CBS publication
3 Project Management S Choudhury McGraw Hill Education (India) Pvt. Ltd. New Delhi 2016

Reference Books

1 Project Management Pennington Lawrence Mc Graw Hill
2 Project Management A Moder Joseph and Phillips New Yark Van Nostrand Reinhold
3 Project Management, Bhavesh M. Patal Vikas publishing House