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Project Management MMS

The document outlines the syllabus for a project management course. It covers key concepts like the definition of a project and project management, project identification and feasibility studies, financial analysis, financing, quantitative techniques, and computer applications for project management. The syllabus also includes case studies and presentations. Overall, the course aims to provide a comprehensive overview of the project life cycle and tools used for effective project planning, execution, monitoring, and control.

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Sonia Ghulati
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2K views18 pages

Project Management MMS

The document outlines the syllabus for a project management course. It covers key concepts like the definition of a project and project management, project identification and feasibility studies, financial analysis, financing, quantitative techniques, and computer applications for project management. The syllabus also includes case studies and presentations. Overall, the course aims to provide a comprehensive overview of the project life cycle and tools used for effective project planning, execution, monitoring, and control.

Uploaded by

Sonia Ghulati
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
  • Syllabus Overview: Provides an overview of the key topics and structure of the project management course.
  • Introduction to Project Management: Introduces the foundational concept, scope, and coverage of project management.
  • Characteristics of a Project: Describes the unique and temporary nature of projects and the expectations they need to meet.
  • Definition of Project/Project Management: Defines what constitutes a project and elaborates on project management's scope and requirements.
  • Project Life Cycle: Outlines the different stages of a project life cycle, from concept to transfer.
  • Traits of a Project Manager: Lists the essential traits needed for effective project management, such as planning and communication skills.
  • Layout of Project Department: Explains the structure and functional organization of a project department.
  • Projectized Organizations: Discusses the organization of a project in a projectized environment and the role of management.
  • Matrix Organizations: Describes the matrix organization structures, both strong and weak, and their implications.
  • Work Breakdown Structure (WBS): Explains the WBS, including its purpose and essential features in project planning and execution.
  • Project Identification: Addresses how projects are identified based on needs and demands and the role of feasibility studies.
  • Kicking off the Project Charter: Details the initial steps in starting a project charter, including its necessary inputs and factors.

Syllabus

1 Introduction: Concept of Project Management. Scope & Coverage. Project Function in an


Organization Layout of Project Department. Role of Consultants in Project Management.
2 Project Identification : Selection of product identification of market preparation of feasibility
study/report Project formulation -Evaluation of risks preparation of Project report.
3 Selection of location & site of the project Factors affecting location policies of Central State
Government towards location Legal aspects of project management.
4 Financial Analysis : Profitability Analysis Social cost Benefit Analysis preparation of Budget
and Cash Flows. Materials Management in Project Planning Procurement storage disposal.
5 Financing of the Project :- Source of Finance Cost implications thereof Financial Institutions
Guidelines for funding projects, Risk Analysis Sensitivity Analysis.
6 Quantitative Aspects of projects :- PERT/CPM Network Analysis for monitoring of the project
Other quantitative techniques for monitoring and Control of project
7 Computer Applications: - Selection of software packages for application to Project management.
8 Case Studies and Presentations 2 Sessions of 3 Hours

Introduction Concept of
Project Management.
Scope & Coverage.

Introduction
Project: Definitive Start Date and End Date
Completed with the completion of its goals and
objectives.
Meets or Exceeds the Stakeholders Expectation

Characteristics of a Project
Unique
Temporary and have Beginning and End Dates.
Meets or exceeds stakeholders expectation
Regarded as complete only if the desired Goal is
achieved or it is determined that the project is no longer
viable

Definition of Project/Project
Management
An Organised unit dedicated to the attainment of Goal, which is
the successful completion of a development project on time,
within budget, in conformance with predetermined program
specifications.
A temporary endeavour undertaken to create a unique product or
service.
Project management is the application of the Knowledge, skills,
tools and Techniques of project activities in order to meet or
exceed stakeholder needs and expectations from a defined
project balancing the following:
- Scope, time, cost, and quality
- Stakeholders expectations
-

Project Life Cycle

Project Concept Stage or Inception Stage

Project Development or the Elaboration phase

Project Construction or the Execution phase

Project transition or the Transfer phase

Traits of a Project Manager


Planning ability
Maturity
Toughness
Receptive
Communication Skills
Energy
Go Getter Attitude

Good Interpersonal Skills

Conflict solving ability

Problem Solving Ability

Perspective Vision

Time Management/Delegation Ability

Layout of Project Department

Functional Organisation:

Projects are typically undertaken in a divided approach.

Members from different departments come together to


perform project activities.

Projectized Organisations

Matrix organisations (Strong)

Matrix Organisations (Weak)

Comparison of Matrix Organisations

Work Breakdown
Structure (WBS)
Deliverable oriented
decomposition process of a
project into smaller
components.
Defines and groups a projects
discrete work elements in a
way that helps organize and
define the total work scope of a
project.
Provides a necessary
framework for detailed cost
estimating and control along
with providing guidance for
scheduled development and
Control.

WBS for the Polaris Missile


Project

Essential features of the WBS:


100% Rule: WBS includes 100% work of the work
defined by the project scope and Captures all
deliverables internal, external and interim in terms of
the work to be completed, including project
management. It applies at all the activity level.
Mutually Exclusive Elements: Elements at all the levels
should be mutually exclusive
Plan outcomes, not actions:
Level of detail: 80 hour rule; If it makes sense
Terminal Element:

WBS for a Construction of a House

Project Identification
1. Selection of product
identification of market
2. Preparation of Feasibility Study

How do projects come about


Needs and Demand:
1.
2.
3.
4.
5.
6.

Market Demand:
Business Need:
Customer Request:
Technological Advancement:
Legal Requirement:
Social Need:

Feasibility Studies:

Kicking off the Project Charter


Project Charter inputs:

Contract:
Project Statement of Work (SOW):
Describes the product or service the project was undertaken to complete.
Written either by the project Sponsor or the initiator (Buyer in case project is external to the organisation)
Business Need:
Product scope description
Strategic plan
Enterprise Environmental Factors:
Company work culture
Govt./Industry standards
Infrastructure
HR
Administration
Work Authorization System
Organisational Process Assets: Policies, guidelines, procedures, plans, approaches, or standards for work
conduct.

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