Project Management

Paper Code: 
MIB 422
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

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

Unit I: 
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.

 

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.

 

Unit III: 
Project planning & scheduling

: Introduction, Scheduling Techniques (Bar Chart, Network based scheduling-PERT &CPM) Project Organization: Functional, Task force & Matrix Organization structure

Unit IV: 
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, Capital Rationing, Risk Evaluation Techniques.

Unit V: 
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: 

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

ACADEMIC YEAR: