Project Management

Paper Code: 
MIB 422
Credits: 
4
Contact Hours: 
60.00
Objective: 

To give students in depth knowledge of various aspects concerning selection, implementation and evaluation of a project.

12.00
Unit I: 
Project Management & Project Formulation

Project Management: Concept, Definition, Characteristics of a Project, Classification of Projects, Causes of project failure, Project Management Vs General Management, Steps in Project Management, Life cycle of a project, Roles and qualities of a Project manager

Project Formulation: Introduction, sequential stages of Project formulation.

12.00
Unit II: 
Project Feasibility & Appraisal

Project Feasibility & Appraisal: Meaning, Scope, Types (Technical, Market & Financial feasibility )

Social Cost Benefit Analysis: Meaning, Approaches

(UNIDO & L-M approach) and Shadow Pricing.

12.00
Unit III: 
Project planning & scheduling

Project planning & scheduling: Introduction, Scheduling Techniques (Bar Chart, Network based scheduling-PERT &CPM)

Project  Organization: Functional, Task force & Matrix Organization structure

12.00
Unit IV: 
Project Control & Capital Budgeting

Project Control: Information monitoring, internal & external project control, cost accounting systems for project control, control process, performance analysis, variance limits, and issues in project control.

Capital Budgeting- Introduction, Discounted cash flow techniques: Net Present Value and IRR.

12.00
Unit V: 
Project Management Information System

Project Management Information System: Meaning, Benefits of computer based PMIS, features of PMIS

Project Evaluation, Reporting & Termination: Project reviews & reporting, closing the contract.

Essential Readings: 
  • Nagrajan .K Project management  New Age International Publishers
  • Agarwal, Mishra, “Project Management”, RBD, Jaipur
  • Agarwal MR- “Project Management” Garima Publication, Jaipur
References: 
  • BooksChoudhary S, “Project Management”, TMH, new Delhi
  • Vasant Desai “Project Management”, Himalaya Publishing House.
  • Prasanna Chandra  “Project Planning, Implementation & Review” Tata McGraw-Hill, New Delhi