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Indian Institute of Technology, Kharagpur

Project Management : Planning, Execution, Evaluation and Control

Indian Institute of Technology, Kharagpur and NPTEL via Swayam

Overview

ABOUT THE COURSE: Projects are the modus operandi of implementing organizational strategy and achieving strategic goals and objectives. Its importance is well-acknowledged and pervasive in the business world such as construction, engineering, mining, hi-tech, electronics, logistics, defense forces, product development, R&D, and so on. Project management has developed to the point where it is a professional discipline having its own body of knowledge and skills. In order to achieve business excellence, it is necessary to develop expertise in project planning, executing, evaluating, and managing projects. The course would help the academics as well as practicing managers and professionals to learn modern project management tools and techniques, scheduling of activities, resources and cost; and enhance their skills in expediting projects by prudently crashing certain activities. It would also provide them a holistic view of project management covering among others project risk and quality management, procurement and contract management, communication management, developing leadership skills and managing PM team, project performance evaluation, project audit and closure. More importantly, the course would help the participants to familiarize with and proficient in using MS Project®.INTENDED AUDIENCE: Management and Engineering students (MBA, BE, ME),academics, practicing managers and professionals at various levels;Commerce, Cost and Chartered Accountancy, and related disciplines.PREREQUISITES: Must be a graduate in management, engineering,science, commerce, or equivalent degreeINDUSTRY SUPPORT: All organizations be it Government or non- Government, profit or non-profit, business or charity, manufacturing or service, utility or IT, military and others need Project Management for planning, financing, implementation, evaluation, and control of projects to accomplish their long- term goals and objectives of their organizations.

Syllabus

Week 1: Introduction to Project Management, Basic Concepts, and Project Life Cycle Management
Organization Strategy, Project Analysis and Project selectionWeek 2:Project Management Organization structure and organization culture
Project Definition, Activities, Work Breakdown structureWeek 3:Project time and cost estimation, Time Management
Developing Project Plan; Network Analysis using PERT/ CPM techniqueWeek 4:Resource Management and Cost Management: Resource levelling, Scheduling and allocating project resources and costsWeek 5:Reducing Project duration - Crashing project activities to speed up a project
Project Risk Management - Identification, quantification, and mitigation of risksWeek 6:Project Outsourcing, Negotiation, and Managing inter-organizational Relations
Project Procurement and Contract ManagementWeek 7:Project Evaluation, Project progress and Performance Management
Project Closure, and Project OversightWeek 8:Familiarization with Project Management software (e.g., MS Project®)
Recapitulation

Taught by

Prof. Sanjib Chowdhury

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