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MBA666A: Project Management

Course Description

Syllabus
Introduction and Characteristics of Projects, Work breakdown, Project management Risk and methods of mitigating the risk, GANTT charts, Decision Tree Analysis, Forward and Backward Scheduling, Precedence Diagram and its concepts, Utility Analysis, Other evaluation techniques for projects like AHP, DEA, Cost Benefit Analysis, Valuation, Cash Flow Problems, Credit Risk in Project Finance , Precedence relationship, Project Planning, PERT, CPM, Slack, Critical paths, Sensitivity Analysis, GERT, Q-GERT, Critical Chain, Theory of Constraints, Activity Network diagram, Budgeting, Resource Management, Crashing of Jobs, Resource leveling, Life Cycle of Projects and Costing, Termination of Projects.

Modules
01)    Introduction and Characteristics of Projects, Work breakdown, Generation and Screening of Project Ideas, Project Appraisal/Evaluation, Project management Risk and methods of mitigating the risk.
02)    GANTT charts, Decision Tree Analysis, Forward and Backward Scheduling, Precedence Diagram and its concepts, Precedence relationship, Project Planning, PERT, CPM, Slack, Critical paths, Sensitivity Analysis.
03)    Utility Analysis, Other evaluation techniques for projects like AHP, DEA, Cost Benefit Analysis, Valuation, Cash Flow Problems, Credit Risk in Project Finance
04)    GERT, Q-GERT, Critical Chain, Theory of Constraints, AND gateways, OR gateways,Activity Network diagram
05)    Budgeting, Resource Management, Crashing of Jobs, Resource leveling, Life Cycle of Projects and Costing, Termination of Projects

Course Content

Texts
01)    Chandra, P., Projects, Tata McGraw-Hill Education, 2009, ISBN: 0070077932 | ISBN: 9780070077935.
02)    Gatti, S., Project Finance in Theory and Practice, Academic Press, 2008, ISBN: 978-0-12-373699-4.
03)    Kolisch, R., Project Scheduling under Resource Constraints, Springer, 1995, ISBN-10: 3790808296 | ISBN-13: 978-3790808292.
04)    Levy, F. K. and Wiest, J. D., A Management Guide to PERT/CPM, Prentice Hall, 1969, ISBN-10: 0135485118 | ISBN-13: 9780135485118.
05)    Lewis, R., Project Management, McGraw-Hill, 2006, ISBN 0-07-147160-X.
06)    Moder, J. J. and Phillips, C. R., Project Management With CPM, PERT and Precedence Diagramming, Van Nostrand Reinhold,1983, ISBN-10: 0442254156 | ISBN-13: 978-0442254155.
07)    Morris, P. W. G.,  and Pinto, J. K., The Wiley Guide to Managing Projects, 2004, John Wiley & Sons, ISBN: 9780471233022.
08)    Phillips, J., PMP Project Management Professional Study Guide, McGraw-Hill, 2003. ISBN 0-07-223062-2.
09)    Pritsker, A. A. B., Modeling and analysis using Q-GERT networks, John Wiley & Sons Inc, 1979, ISBN: 0470266481 | ISBN: 9780470266489.
10)    Project Management Institute, A Guide to the PMBOK, Project Management Institute, 2008, ISBN: 978-1-933890-51-7.

Which book has what (in general)
01) Introduction and Characteristics of Projects, Work breakdown, Project management Risk and methods of mitigating the risk: Lewis, R., Project Management, McGraw-Hill, 2006, ISBN 0-07-147160-X, Morris, P. W. G.,  and Pinto, J. K., The Wiley Guide to Managing Projects, 2004, JohnWiley & Sons, ISBN: 9780471233022.Phillips, J., PMP Project Management Professional Study Guide, McGraw-Hill, 2003. ISBN 0-07-223062-2.
02) GANTT charts, Decision Tree Analysis, Forward and Backward Scheduling, Precedence Diagram and its concepts: Lewis, R., Project Management, McGraw-Hill, 2006, ISBN 0-07-147160-X., Moder, J. J. and Phillips, C. R., Project Management With CPM, PERT and Precedence Diagramming, Van Nostrand Reinhold,1983, ISBN-10: 0442254156 | ISBN-13: 978-0442254155.
03) Cost Benefit Analysis, Valuation, Cash Flow Problems, Credit Risk in Project Finance: Gatti, S., (2008), Project Finance in Theory and Practice, Academic Press, ISBN: 978-0-12-373699-4., Chandra, P., Projects, Tata McGraw-Hill Education, 2009, ISBN: 0070077932 | ISBN: 9780070077935
04) Precedence relationship, Project Planning, PERT, CPM, Slack, Critical paths, Sensitivity Analysis: Lewis, R., Project Management, McGraw-Hill, 2006, ISBN 0-07-147160-X., Moder, J. J. and Phillips, C. R., Project Management With CPM, PERT and Precedence Diagramming, Van Nostrand Reinhold,1983, ISBN-10: 0442254156 | ISBN-13: 978-0442254155.
05) GERT, Q-GERT: Pritsker, A. A. B., Modeling and analysis using Q-GERT networks, John Wiley & Sons Inc, 1979, ISBN: 0470266481 | ISBN: 9780470266489.
06) Activity Network diagram, Budgeting, Resource Management, Crashing of Jobs, Resource leveling: Lewis, R., Project Management, McGraw-Hill, 2006, ISBN 0-07-147160-X., Moder, J. J. and Phillips, C. R., Project Management With CPM, PERT and Precedence Diagramming, Van Nostrand Reinhold,1983, ISBN-10: 0442254156 | ISBN-13: 978-0442254155.
07) Life Cycle of Projects and Costing, Termination of Projects: Gatti, S., (2008), Project Finance in Theory and Practice, Academic Press, ISBN: 978-0-12-373699-4, Chandra, P., Projects, Tata McGraw-Hill Education, 2009, ISBN: 0070077932 | ISBN: 9780070077935, Morris, P. W. G.,  and Pinto, J. K., The Wiley Guide to Managing Projects, 2004, John Wiley & Sons, ISBN: 9780471233022.

Course Audience

Audience
a) MTech (1st and 2nd year) AND BTech/BS (4th year)

Evaluation
a) Mid-Term Examination: 25%
b) Quizzes: 20%
c) Final Semester Examination: 35%
d) Project/Assignments: 20%
Note: Attendance: 80 to 100 (00 deduction); 60 to 79 (04 deduction); 40 to 59 (08 deduction); <39 (10 deduction)

Outcomes of this Course

Objectives
Knowledge: At the end of this course the student will be able to understand any project from view of how financing is done. He/She will be able to model the main steps of project management design, and also understand how the concepts of Finance, considering the time value of money can be applied to any Project. The student will also learn about different risk mitigating techniques and how they may be used in big projects which are for longer duration, where uncertainty is very important.

Abilities: The student can utilize the knowledge gained in the course to formulate and analyze different practical as well as theoretical problems encountered in projects. They can also understand how different financing schemes may be utilized for projects. Apart from that the student can identify risk and techniques for allocation of the same, understand how to structure financing requirements for a project, analyze contractual arrangements and finally deal into issues of project default and remedies for the same.

Special Emphasis: Will be paid to the mathematical formulation and solving of different Project planning and scheduling techniques