• To learn the concepts of managing projects.
UNIT I INTRODUCTION TO PROJECT MANAGEMENT
Project Management – Definition –Goal – Lifecycles. Project Selection Methods. Project Portfolio Process – Project Formulation. Project Manager – Roles- Responsibilities and Selection – Project Teams.
UNIT II PLANNING AND BUDGETING
The Planning Process – Work Break down Structure – Role of Multidisciplinary teams. Budget the Project – Methods. Cost Estimating and Improvement. Budget uncertainty and risk management.
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 CONTROL AND COMPLETION
The Plan-Monitor-Control cycle – Data Collecting and reporting – Project Control – Designing the control system. Project Evaluation, Auditing and Termination.
UNIT V PROJECT ORGANISATION & CONFLICT MANAGEMENT
Formal Organisation Structure – Organisation Design – Types of project organizations. Conflict – Origin & Consequences. Managing conflict – Team methods for resolving conflict.
TOTAL: 45 PERIODS
• To apply project management principles in business situations to optimize resource utilization and time optimisation.