Course Outcome |
Learning and teaching strategies |
Assessment Strategies |
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On completion of this course, the students will be able to:
CO 111: Analyze the scope of Project Management and classify sequential stages of Project Life cycle in different types of Projects. CO 112: Evaluate the project according to social cost and benefits and examine its feasibility. CO 113: Measure the project risk and evaluate its financial feasibility CO 114: Formulate a project schedule on the basis of WBS and PERT /CPM techniques. CO 115: Evaluate and design the Project report after applying the method of project control. |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments, Team teaching.
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
Project: Concept, Definition, Characteristics, Importance and Challenges of a project. Life cycle of a project, Phases of Project Management,Role of Project Manager, Project Management Information System,- features
Project Formulation: Introduction, sequential stages of Project formulation
Project Feasibility Analysis : Meaning, Scope, pre-feasibility study analysis, Technical ,market- Demand Forecasting
Social Cost Benefit Analysis: Meaning, Approaches(UNIDO & L-M approach) and Shadow Pricing.
Financial Feasibility Analysis-Capital Budgeting- Introduction, Discounted cash flow techniques: Present Value and IRR.
Project Risk Analysis- Concept of risk, Risk and Uncertainty,Risk management process, Risk evaluation techniques:Risk adjusted discount rate,certainty equivalent, probability analysis, measures of dispersion, Decision tree analysis
Project planning & scheduling: Introduction, Scheduling Techniques (Bar Chart, Network based scheduling-PERT &CPM)
Project organization: Functional & Matrix organization
Project Control: information monitoring, internal & external project control, control process, performance analysis, variance limits.
Project Evaluation, Reporting & Termination: Project reviews & reporting, closing the contract.Project Audit
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