GM 602.

Project Management Full Course

Sessions Nos

1
2
3
4
5

Particulars of Syllabus ( Course Content)

Overview of project management and introduction to key concepts: project

characteristics Emerging International trends
Project scheduling :Gantt chart, Pert- ADM Networks, three time estimation
PERT (continued )- Probability of completion, Network simulation
CPM PDM Network, Activity Relationship with leads & Lags, time estimation,
critical path & floats
CPM (continued ) Time Cost Trade Off, crashing of Networks

Resource Allocation Resource estimation, allocation & Leveling. Heuristic rules &
algorithms

CPM(critical chain Project management): Theory of constraints(TOC) as applied to

project management, basic methodology of CCPM

8
9

10

11,12

13,14
15

Project Cost Estimation and budgeting: work breakdown structure (WBS),Project

cost estimation methods ,project budgeting and cost breakdown structure (CBS)
Project Monitoring and control: assessment of current status of activity completion
and updating, details and frequency of reporting, system of weighted average
completion
Project performance evaluation : S curves for project completion and cost
comparison Concept of earned value, cost and schedule performance indices,
estimates at completion
Computerized project management system: Basic essential and desirable features
for Project management packages, assessing and evaluating organizational needs
and matching of features ,overview of different packages available ,demonstration of
the use packages
Project procurement and contact management : Project purchasing special
characteristic, material controls, codification and storage
General principles of contract formation, standard terms, legal implications,
principle of risk sharing in contracts

Learning Objectives
Every project is Unique, one-shot, time limited, goal directed, major undertaking requiring
varied resources. Managing projects calls for special skills & expertise which needs to be learnt
and blended with hard core experience. Learning this subject will enable the PG students to
understand the nuances of Project Management and checking the Progress against measurable
parameters.
Learning Outcomes:

Students should be able to create project plans, schedules, cost estimates and budget Initiate,
plan, execute, Monitor and control and close the projects on their own Manage the project
team and project management team Manage and control project risks and communication
Create and manage the project financials Crash the project schedule and cost Add, remove
and reallocate the resources(human,machine,equipment).
Create Project plan in the MSP format and change/modify the plan based on the project change
requests Apply the PM framework using real life cases and discussions/debates.

Leadership skills Resource management skills Negotiation Time management skills Cost
control skills using EVM techniques
Reference Text
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PMP - Project Management Professional - Study Guide - By Kimi Heldman

Project Management - By S. Choudhary
Text Book of Project Management - By P Gopalakrishnan, V. E. Ramamoorthy
Project Management - By Prasanna Chandra
Project Appraisal - By P. K. Mattoo
Project Management - By Vasant Desai