SYLLABUS

¨          Meaning/Definition of Project and Project Management, Classification of Projects, Why Project Management, Characteristics/Importance of Project Management, Need for Project Management (Objectives), History of Project Management.

(b)        Organizational Structure (Project Organization):

¨          Meaning/Definition of Organizational Structure, Organizational Work Flow, Developing Work Integration Positions, Types of Organizational Structure, Forms of Organization, Strategic Business Units (SBU) in Project Management.

(c)        Project Initiation:

¨          Project Selection: Meaning of Project Selection, Importance of Project Selection, Criteria for Project Selection (Models), Types of Project Selection, Understanding Risk and Uncertainty in Project Selection.

¨          Project Manager: Meaning of Project Manager, Role of Project Manager, Importance of Project Manager, Role of Consultants in Project Management, Selecting Criteria for Project Manager.

¨          Project Planning: Importance of Project Planning, Functions of Project Planning, System Integration, Project Management Life Cycle, Conflicts and Negotiation Handling in Project Management, Planning Cycle and Master Production Scheduling.

¨          Meaning/Definition of Project Feasibility, Importance of Project Feasibility, Scope of Project Feasibility.

¨          Types of Project Feasibility- Market Feasibility, Technical Feasibility, Financial Feasibility, Economic Viability, Operational Feasibility.

¨          SWOT Analysis (Environment Impact Assessment, Social Cost Benefit Analysis).

¨          Meaning of Market Analysis, Demand Forecasting, Product Mix Analysis, Customer Requirement Analysis.

(c)        Technical Analysis:

¨          Meaning of Technical Analysis, Use of Various Informational Tools for Analyzing, Advancement in the Era of E- Commerce in Project Management.

(d)        Operational Analysis:

¨          Meaning of Operation Management, Importance of Operation Management, Operation Strategy – Levels of Decisions, Production Planning and Control, Material Management – Work Study and Method Study, Lean Operations.

¨          Means of Financing, Types of Financing, Sources of Finance, Government Assistance towards Project Management for Startups, Cost Control (Operating Cycle, Budgets and Allocations), Determining Financial Needs for Projects, Impact of Leveraging on Cost of Finance.

(b)        Risk Management in Projects:

¨          What is Risk, Types of Risk in Projects, Risk Management Process, Risk Analysis and Identification, Impact of Risk Handling Measures, Work break Down Structure, New Venture Valuation (Asset Based, Earnings Based, Discounted Cash flow Models).

(c)        Cost Benefit Analysis in Projects:

¨          Introduction to Cost Benefit Analysis, Efficient Investment Analysis, Cash – Flow Projections, Financial Criteria for Capital Allocation, Strategic Investment Decisions.

¨          Introduction to Modern Development in Project Management, Project Management Maturity Model (PMMM), Continuous Improvement, Developing Effective Procedural Documentation, Capacity Planning.

(b)        Project Monitoring and Controlling:

¨          Introduction to Project Monitoring and Controlling, The Planning – Monitoring- Controlling Cycle, Computerized Project Management Information System (PMIS), Balance in Control System in Project Management, Project Auditing – Life Cycle.

(c)        Project Termination & Solving Project Management Problems:

¨          Meaning of Project Termination, Reasons for Termination of Projects, Process for Terminating Projects, Strategy/ Ways to Solve Project Management Problems, Project Review and Administrative Aspects, Execution Tools for Closing of Projects.