BA5065

Project Management for Infrastructure

HBS > Sectoral Specializations > Project Management for Infrastructure
Course ID
BA5065
Level
Post Graduation
Semester
Semester III

OBJECTIVES:
• To impart projects types, time & resource management, resource optimization and new trends in project management.

UNIT I PROJECT AND ITS PROCESS
Define project and process -Boundaries of project – Objectives and functions of project management -Characteristics and types of projects -Organization structure / styles -Roles of project management group – Project management office and its role – Project knowledge area – Project integration- Process group interaction -project flow – Project life cycle- Influencing factors. – Case study.

UNIT II PROJECT TIME MANAGEMENT
Project scope management – Work break down structure – Activity/Task – Events – Case study – Project planning tools – Rolling wave planning – Gantt charts, Milestone chart, Program progress chart- Creating milestone plan – Project network- Fulkerson’s rules – A-O-A and A-O-N networks – Analyze project time- Critical path method (deterministic approach) – Activity oriented network analysis- 80-20 rule- Case study – Type of time estimates & square network diagram – Project updating and monitoring- Case study – Estimate time- Program Evaluation & Review Technique (Probabilistic approach)- Event oriented network analysis- Optimistic, pessimistic and most likely time – Degree of variability in average time – Probabilistic estimate – % utilization of resources.

UNIT III RESOURCE MANAGEMENT
Types of Resource- Time, Men, Material, Machinery, Money, Space – Balancing of resource – Resource smoothing technique- Time constraint – Resource leveling technique- Resource constraint- Case study.

UNIT IV RESOURCE OPTIMIZATION
Types of cost – Direct, indirect and total cost – Variation of cost with time – Schedule compression techniques- Crashing, fast tracking & Re-estimation- Crash timeand crash cost – Optimize project cost for time and resource – CPM cost model – Life cycle assessment – Impacts and economical assessment – Life cycle cost- Maintenance and operation -Life cycle forecasting – Concept and applications.

UNIT V EMERGING TRENDS IN PROJECT MANAGEMENT
AGILE Project management and Project Management using latest tools- Case study.

TOTAL: 45 PERIODS

OUTCOMES:
On successful completion of the course, the students will be able to
• explain the concept of projects, its process, objectives and functions of project management
• analyze and manage time in projects through gantt charts, cpm and pert techniques
• balance resource requirements of projects so as to avoid idling of resources
• update projects and determine revised schedule of activities and critical path, if any
• crash projects to determine its optimum time-minimum cost relationships

REFERENCES:

  1. “A Guide to the Project Management Body of Knowledge (PMBOK Guide) – Fourth Edition, An American National Standard, ANSI/PMI 990001-2008”
  2. A Risk Management Standard, AIRMIC Publishers, ALARM, IRM: 2002
  3. Gene Dixon, “Service Learning and Integrated Collaborative Project Management”, Project Management Journal, DOI:10.1002/pmi, February 2011, pp.42-58
  4. Jerome D. Wiest and Ferdinand K. Levy, “A Management Guide to PERT/CPM”, Prentice Hall of India Publishers Ltd., New Delhi, 1994. 77
  5. Punmia B. C. and Khandelwal K.K., “Project Planning and Control with PERT/CPM”, Laxmi publications, New Delhi, 1989.
  6. Srinath L.S., “PERT & CPM- Principles and Applications”, Affiliated East West Press Pvt., Ltd., New Delhi, 2008
  7. Sengupta. B and Guha. H, “Construction Management and Planning”, Tata McGraw Hill, New Delhi, 1995
  8. SangaReddi. S and Meiyappan. PL, “Construction Management”, Kumaran Publications, Coimbatore, 1999