Project Planning and Management

Paper Code: 
24DATG601B
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to develop comprehensive project plans, manage project teams effectively, and successfully execute projects within budget and schedule constraints.

 

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course title

24DATG601B

Project Planning and Management

(Theory)

CO151: Analyze project management systems and conduct project feasibility studies.

CO152: Evaluate detailed procedures of project planning and evaluation.

CO153: Examine project organization structures and conduct risk and sensitivity analysis.

CO154: Analyze projects using techniques for cost estimation and budgeting.

CO155: Develop effective strategies for controlling and managing projects.

CO156: Contribute effectively in course-specific interaction

Approach

in

teaching:

Interactive

Lectures,

Discussion,

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 and group projects.

 

12.00
Unit I: 
Project Management, SDLC and Project Feasibility Study
  • Project management –
  • Project, project vs operations, project performance dimensions, project planning,
  • Project management- challenges, components, steps, project life cycle,
  • 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 Feasibility Study-
  •  market analysis, technical analysis, financial analysis, economic analysis, managerial and organizational analysis,
  • energy management and ecological analysis
 

 

12.00
Unit II: 
Project Appraisal and Risk Management
  • Project Appraisal -Capital Budgeting Methods:
  • Payback period method, Accounting Rate of return , Net present value method,
  •  Profitability Index , Internal Rate of return method.
  • Managing risk in Projects-
  •  Project risk management, Benefits of project risk management,
  •  Project risk management steps- Risk Management Planning, Identify Risk Events,
  •  Qualitative Risk Analysis, Quantitative Risk Analysis,
  • Risk Response, Risk Monitoring & Control

 

 

12.00
Unit III: 
Decision Making and Social Cost-Benefit Analysis
  • Decision Making-
  • Decisions under Uncertainty,
  • Decisions under Risk,
  •  Techniques of Decision-Making under Risk and Uncertainty
  • 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
 

 

12.00
Unit IV: 
Project Finance and Network Analysis
  • Project Finance :
  • Direct Financial Assistance, Bridge Loans,
  • Specific Assistance Scheme of Financial Institutions,
  • Network Analysis (PERT and CPM)-
  • Use of PERT in Project management, Critical Path method,
  •  Terminology used in network analysis, comparison between PERT and CPM,
  • Construction of network diagram, Determination of Critical Path,
  • Application of PERT in Project management
 

 

12.00
Unit V: 
Project Implementation, Control, and Audit

● 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

● Project Audit :

● Project Audit Ex-post Project Evaluation,

● Human aspect of project Management , Environment Appraisal of project (a brief Review).
 

 

Essential Readings: 
  • 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

 

 

     

     

     

     

     

     

    References: 

    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-Content:

    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
    • Printer-friendly version
    • PDF version