Project Management

Syllabus

MBA: 308

Project Management

UNIT 1

Overview of Project Management: Concept of Project, Attributes of a Project, Importance of Project Management, Project Management Process, Project Lifecycle, Project Stakeholders, Project Management Structures, Choosing Appropriate Project Management Structure, Implications of Organizational Culture, Main Causes of Project Failure. Project Definition: Defining Scope, Establishing Priorities, Creating the Work Breakdown Structure (WBS), integrating the WBS with the organization, Coding the WBS for Information System, Project Roll Up, Process Breakdown Structure, Responsibility Matrices.                                                                                                       (5+1)

UNIT 2

Project Planning: Estimating Project Times and Costs: Factors Influencing Quality of Estimates, Estimation Guidelines for Time, Costs and Resources, Macro versus Micro Estimating, Methods for Estimating Project Times and Costs, Level of detail, Developing Budgets, Types of Costs, Refining Estimates and Contingency Funds. Developing a Project Plan: Developing the Project Network, From Work Package to Network, Constructing a Project Network, Activity-on-Node Fundamentals, Network Computation Process, Using the Forward and Backward Pass Information, Level of Detail for Activities, Extended Network Techniques.                                                            (5+1)

UNIT 3

Project Scheduling & Risk Management: Scheduling Resources and Reducing Project Duration: Types of Project Constraints, Classification of Scheduling Problem, Resource Allocation Methods, Splitting, Multitasking, Benefits of Scheduling Resources, Assigning Project Work, Multi Project Resource Schedules, Rationale for Reducing Project Duration, Options for Accelerating Project Completion, Concept and Construction of a Project Cost – Duration Graph, Practical Considerations. Managing Risk: Risk Management Process – Risk Identification, Risk Assessment, Risk Response Development, Contingency Planning, Risk Response Control, Change Control Management. (5+1)

UNIT 4

Project Organisation: The Project Manager: Role and Responsibilities of the Project Manager, Planning, Organizing, Controlling, Skills of the Project Manager – Leadership Abilities, Coaching & Mentoring Abilities, Communication Skills, Interpersonal Skills, Ability to Handle Stress, Problem Solving Skills, Time Management Skills, Delegation, Management of Change. Managing Project Teams: The Five Stage team Development Model, Situational Factors Affecting Team Development, Team Effectiveness, Conflict in Projects, Sources of Conflict, Handling Conflict. Managing Virtual Project Teams, Project Team pitfalls.                                                                       (5+1)

UNIT 5

Project Evaluation: Progress and Performance Management and Evaluation: Structure of a Project Monitoring Information System, Project Control Process, Monitoring Time Performance, Need for an Integrated Information System, Developing a Dashboard, Status Report and Index to Monitor Progress, Forecasting Final Project Cost, Other Control Issues. Project Audit and Closure: Project Audit, Project Audit Process, Project Closure, Team, Team Member and Project Manager Evaluations.                                                                                                        (5+1)