BA5028

Project Management

HBS > Professional Electives > Project Management
Course ID
BA5028
Level
Post Graduation
Semester
Semester III

OBJECTIVES:
• To learn the fundamental principles and practices of managing projects.

UNIT I INTRODUCTION TO PROJECT MANAGEMENT
Project Management – Definition –Goal – Lifecycles. Project Environments. Project Manager – Roles- Responsibilities and Selection.

UNIT II PLANNING, BUDGETING AND RISK MANAGEMENT
The Planning Process – Work Break down Structure. Cost Estimating and Budgeting – Process, Summaries, schedules and forecasts. Managing risks – concepts, identification, assessment and response planning.

UNIT III SCHEDULING & RESOURCE ALLOCATION
PERT & CPM Networks – Crashing – Project Uncertainty and Risk Management – Simulation – Gantt Charts – Expediting a project – Resource loading and leveling. Allocating scarce resources – Goldratt’s Critical Chain.

UNIT IV PROJECT ORGANISATION & CONFLICT MANAGEMENT
Formal Organisation Structure – Organisation Design – Types of project organizations. Conflict – Origin & Consequences. Project Teams. Managing conflict – Team methods for resolving conflict.

UNIT V CONTROL AND COMPLETION
Project Control – Process, Monitoring, Internal and External control, Performance analysis, Performance Index Monitoring. Project Evaluation, Reporting and Termination. Project success and failure – Lessons.

TOTAL: 45 PERIODS

OUTCOMES:
• Ability to understand the roles and responsibilities of a project manager
• Ability to plan and budget projects
• Ability to schedule and allocate resources to projects
• Ability to manage project organization
• Ability to control and complete projects

REFERENCES :

  1. John M. Nicholas, Project Management for Business and Technology – Principles and Practice, Second Edition, Pearson Education, 2006.
  2. Clifford Gray and Erik Larson, Project Management, Tata McGraw Hill Edition, 2005.
  3. Gido and Clements, Successful Project Management, Seventh Edition, Thomson Learning, 2017.
  4. Samuel J.M., Jack R.M., Scott M.S., Margaret M.S., and Gopalan M.R., Project Management, First
    Indian edition, Wiley-India, 2006.
  5. Harvey Maylor, Project Management, Third Edition, Pearson Education, 2006.
  6. Panneerselvam. R, Senthilkumar. P, Project Management, PHI Learning, 2009.