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BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANI WORK INTEGRATED LEARNING PROGRAMMES Digital Part A: Content Design Course Title PROJECT MANAGEMENT Course No(s) MM ZG523 Credit Units 4 Credit Model Content Authors ARUN MAITY Course Objectives No CO1 To understand the need of project management and deciding the right organization structure. CO2 To understand the market and demand , technical and financial analyses for the selection and prioritization of projects CO3 To define the project scope, work breakdown structure and development of project network. Loading, Scheduling and Allocation of Resources. Optimization of cost-time schedule and monitoring the performance of the projects using earned value analysis. CO4 To identify the project risks, contingency plans and change management system. To understand the risk analysis methods and decision making. CO5 To understand the process of outsourcing of project work, types of contracts and enterprise contact management CO6 To understand the project audit methods, project closure procedure and retrospectives. To understand the project quality dimensions and methods of improving quality. Text Book(s) T1 Clifford F Grey. Erik W Larson, Gautam V Desai, “ Project Management: The Managerial Process” Mc Graw Hill Education (India) Private Limited, New Delhi, Sixth Edition, 2014. T2 Prasanna Chandra, “ Projects: Planning, Analysis, Selection, Financing, Implementation & Review”, Mc Graw Hill Education (India) Private Limited, New Delhi, 8 th Edition, 2014. Reference Book(s) & other resources R1 Kerzner Harold, “ Project Management: A Systems Approach to Planning, Scheduling and Controlling”, Wiley Student Edition,

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BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANIWORK INTEGRATED LEARNING PROGRAMMESDigital Part A: Content DesignCou!" Titl" PROJECT MANAGEMENTCou!" No#!$ MM ZG523C"%it U&it! 4C"%it Mo%"lCo&t"&t Aut'o! ARUNMAITYCou!" O()"*ti+"!NoCO, To n!erstan! t"e nee! o# $ro%e&t 'anage'ent an! !e&i!ing t"e rig"t organi(ation str&tre)CO- To n!erstan! t"e 'ar*et an! !e'an! + te&"ni&a, an! #inan&ia, ana,-ses #or t"e se,e&tion an! $rioriti(ation o# $ro%e&tsCO. To !e#ine t"e $ro%e&t s&o$e+ .or* /rea*!o.n str&tre an! !e0e,o$'ent o# $ro%e&t net.or*) 1oa!ing+ 2&"e!,ing an! A,,o&ation o# Resor&es) O$ti'i(ation o# &ost3ti'e s&"e!,e an! 'onitoring t"e $er#or'an&e o# t"e $ro%e&ts sing earne! 0a,e ana,-sis)CO/ To i!enti#- t"e $ro%e&t ris*s+ &ontingen&- $,ans an! &"ange 'anage'ent s-ste') To n!erstan! t"e ris* ana,-sis 'et"o!s an! !e&ision 'a*ing)CO0 To n!erstan! t"e $ro&ess o# otsor&ing o# $ro%e&t .or*+ t-$es o# &ontra&ts an! enter$rise &onta&t 'anage'entCO1 To n!erstan! t"e $ro%e&t a!it 'et"o!s+ $ro%e&t &,osre $ro&e!re an! retros$e&ti0es) To n!erstan! t"e $ro%e&t 4a,it- !i'ensions an! 'et"o!s o# i'$ro0ing 4a,it-)T"2t Boo3#!$T5 C,i##or! 6 Gre-) Eri* 7 1arson+ Gata' 8 Desai+ 9 Pro%e&t Manage'ent: T"e Manageria, Pro&ess: M& Gra. ;i,, E!&ation an! Co''ni&ation P,anH)3)5) Res$onsi/i,it- Matri&esH)3)2) Pro%e&t Co''ni&ation P,anA) Mo!,e Tit,e : Pro%e&t Cost @ Ti'e Esti'ationA)5) Ia,it- o# Esti'ates an! Gi!e,inesA)5)5) 6a&tors in#,en&ing Ia,it- o# Esti'atesA)5)2) Esti'ating Gi!e,ines #or Ti'es+ Costs an! Resor&esA)2) Met"o!s #or Esti'ating Pro%e&t Ti'es an! CostsA)2)5) To$3Do.n A$$roa&"A)2)2) Cotto'3U$ A$$roa&"A)2)3) Range Esti'ating an! ;-/ri! P"ase Esti'atingA)3) Pro%e&t CostsA)3)5) T-$es o# Pro%e&t CostsA)3)2) Re#ining Esti'atesD) Mo!,e Tit,e :Pro%e&t P,anningD)5) De0e,o$ing a Pro%e&t P,anD)5)5) De0e,o$ing a Pro%e&t Net.or*D)5)2) Constr&ting a Pro%e&t Net.or*D)5)3) AON an! AOA Diagra'D)2) CPM Ca,&,ationsD)2)5) 6or.ar! Pass @ Ca&*.ar! Pass Ca,&,ationsD)2)2) Deter'ination o# 2,a&*+ Criti&a, Pat"D)2)3) Ti'e 2&a,e Net.or*D)3) PERT Ca,&,ationsD)3)5) Pro%e&t A&ti0it- Ti'es D)3)2) Pro/a/i,it- o# Co'$,etion 5?) Mo!,e Tit,e : Pro%e&t Resor&e 2&"e!,ing5?)5) Resor&e 2&"e!,ing5?)5)5) T-$e o# Resor&e Constraints5?)5)2) Resor&e 1oa!ing5?)5)3) Resor&e 1e0e,ing5?)2) Resor&e A,,o&ation5?)2)5) ;eristi&s 5?)2)2) Un!er 1i'ite! Resor&es 5?)3) M,ti$,e Pro%e&t Resor&e 2&"e!,es 5?)3)5 M,ti3Pro%e&t En0iron'ent 5?)3)2 Ti'e P"ase! C!get Case,ine55) Mo!,e Tit,e : Pro%e&t Cost J 2&"e!,e O$ti'i(ation55)5) Re!&ing Pro%e&t Dration55)5)5) Rationa,e #or Re!&ing Pro%e&t Dration55)5)2) O$tions #or A&&e,erating Pro%e&t Co'$,etion55)2) Pro%e&t Cost J Dration Gra$"s @ O$ti'i(ation55)2)5) Dire&t an! In!ire&t Costs55)2)2) Cras" Ti'es 55)3) De&isions on Ti'e an! Cost Re!&tions55)3)5) Ti'e Re!&tion55)3)2) Cost Re!&tion52) Mo!,e Tit,e : Pro%e&t In#or'ation Manage'ent52)5) Pro%e&t Monitoring In#or'ation 2-ste'52)5)5) 2tr&tre o# PMI252)5)2) Pro%e&t Contro, Pro&ess52)5)3) Monitoring Ti'e Per#or'an&e52)2) De0e,o$ing 2tats Re$orts52)2)5) Case,ine De0e,o$'ent52)2)2) U$!ating 2tats Re$ort52)3) Earne! 8a,e Ana,-sis52)3)5) De#inition an! G,ossar- o# ter's52)3)2) 8arian&e Ana,-sis 52)3)3) Per&ent Co'$,etion In!e>es52)3)4) Per#or'an&e In!i&es52)3)5) 6ore&asting 6ina, Pro%e&t Cost53) Mo!,e Tit,e : Pro%e&t Ris* Manage'ent53)5) Ris* Manage'ent Pro&ess53)5)5) Ris* Crea*!o.n 2tr&tre53)5)2) Ris* I!enti#i&ation an! Assess'ent53)5)3) Ris* res$onse De0e,o$'ent53)2) Contingen&- P,anning53)2)5) ;an!,ing Ris*s53)2)2) Contingen&- 6n!s an! Ti'e C##ers53)3) C"ange an! Contro, Manage'ent53)3)5) Ris* Res$onse Contro,53)3)2) C"ange Contro, Manage'ent54) Mo!,e Tit,e : Pro%e&t Contra&t Manage'ent54)5) Otsor&ing Pro%e&t 7or*54)5)5) A!0antages an! Disa!0antages54)5)2) Cest Pra&ti&e54)2) Contra&ts54)2)5) Pro&re'ent: P,anning an! Con!&ting54)2)2) T-$es o# Contra&ts54)2)3) Contra&t A!'inistration an! C,osre54)2)4) Art o# Negotiating55) Mo!,e Tit,e : Pro%e&t A!it an! C,osre55)5) Pro%e&t A!it Pro&ess55)5)5) T-$es o# A!it55)5)2) Managing A!it55)2) Pro%e&t C,osre Pro&e!re55)2)5) T-$es o# Pro%e&t C,osre55)2)2) 7ra$3$ C,osre Pro&e!re55)2)3) Post I'$,e'entation E0a,ation55)3)Retros$e&ti0es55)3)5) Nee! #or Retros$e&ti0es55)3)2) Managing Retros$e&ti0es5E) Mo!,e Tit,e : Pro%e&t Ia,it- an! Agi,e Manage'ent5E)5) Pro%e&t Ia,it- Di'ensions5E)5)5) Ia,it- Di'ensions5E)5)2) Cen&"'ar*ing5E)5)3) Bai(en 5E)2) Agi,e Pro%e&t Manage'ent5E)2)5) Tra!itiona, 8s) Agi,e Met"o!s5E)2)2) 2&r' Meetings5E)2)3) A$$,i&ations an! 1i'itationsL"a&i&g Out*o5"!6No 1earning Ot&o'es1O5 I!enti#- Pro%e&ts in a $ro%e&t !ri0en an! non3$ro%e&t !ri0en organi(ation1?2 Prioriti(e Pro%e&ts+ 2e,e&t Pro%e&ts an! Pre$are Pro%e&t 2&o$e 2tate'ent1?3 I!enti#- t"e sor&es o# #inan&e+ $re$are $ro%e&te! &as" #,o. state'ent an! /a,an&e s"eet1?4 Pro%e&t P,anning+ 2&"e!,ing an! Contro, o# Pro%e&ts1O5 Carr- ot .or* /rea*!o.n str&tre+ assign res$onsi/i,ities an! $re$are &o''ni&ation $,an1OE I!enti#- Pro%e&t Ris*s an! $re$are &ontingen&- $,ans 1?H I!enti#- t"e 4a,it- !i'ensions+ /en&"'ar* an! &arr- ot *ai(en a&ti0itiesPat B6 L"a&i&g Pla&A*a%"5i* T"5 6IR2T 2EME2TER 2?5532?5ECou!" Titl" PROJECT MANAGEMENTCou!" No MM ZG523L"a% I&!tu*to ARUN MAITYConta&t ;or 5T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; I!enti#- Di##erent Pro%e&ts in -or In!str- O.n Organi(ationDring C;5)5+ 5)2 Pro%e&t an! I'$ortan&e o# Pro%e&t Manage'entPro%e&t 1i#e C-&,eT5: C"a$ter 5Post C; A$$en!i> 5)5+ 5)2) 5)3Pro%e&t an! Progra'+ Pro%e&t 1i#e C-&,e+ Pro%e&t Manage'ent Pro&essesT5: Page 2? 3 3EConta&t ;or 2T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Jo/ Des&ri$tion o# a Pro%e&t Manager an! 2*i,,s re4ire!O.n Organi(ationDring C;5)3+ 5)4 Ro,e an! Res$onsi/i,ities o# Pro%e&t ManagerK Pro%e&t Integration Manage'entT5: C"a$ter 5Post C; A$$en!i> 5)2 Pro%e&t Integration Manage'entCase 5)2 Coa, 6ire! Coi,ers Pro%e&tT5: Page 3H 34E+ 4A353Conta&t ;or 3T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Dra. t"e organi(ation str&treO.n Organi(ationDring C;2)5+ 2)2 Organi(ation 2tr&treRig"t Pro%e&t Manage'ent 2tr&treT5: C"a$ter 3Post C; E>er&ise 2+ 3 1)1) Co'$an-+ Car/ara E,e&troni&s T5: Page 53AConta&t ;or 4T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Case 3)5Moss an! M& A!a's A&&onting 6ir'T5: Page 5453544Dring2)3 Organi(ation C,tre T5: C"a$ter 3C; Case 3)5 Dis&ssionPost C; Case 3)5 8ie.s on I 5 to 4 on Dis&ssion 6or'T5: Page 544Conta&t ;or 5T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Co,,e&tion o#2e&on!ar- In#or'ation regar!ing Mar*etan! De'an! o# Main Pro!&t O.n Organi(ationDring C;3)5+ 3)2 Mar*et Ana,-sisDe'an! 6ore&astingT2: C"a$ter 4Post C; Pro/,e' 5+ 4+ 5 1east 24are Met"o!+ E,asti&it- T2: Page 4)2DConta&t ;or ET-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Pre$are a note on Te&"no,og- Use!+ Te&"ni&a, Co,,a/oration+ P,ant Ca$a&it-+ In$ts an! Uti,ities+Pro!&t Mi> #or Main Pro!&tO.n Organi(ationDring C;3)3 Te&"ni&a, Ana,-sis T2: C"a$ter 5Post C; Carr- ot te&"ni&a, ana,-sis o# on3going $ro%e&t O.n Organi(ationConta&t ;or HT-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; I!enti#- 2or&es o# 6inan&e #or a In!stria, Pro%e&tO.n Organi(ationDring C;4)5 6inan&ia, Esti'ates an! Pro%e&tionsT2: C"a$ter E+ Page E)5 J E)5?Post C; 4)5 7or*ing Ca$ita, Re4ire'ent an! 6inan&ingT2: $age E)5?Conta&t ;or AT-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Go t"rog" Ca,an&e 2"eet #ro' Anna, Re$ortO.n Organi(ationDring C;4)2Pro%e&te! Cas" 6,o. 2tate'ent an! Pro%e&te! Ca,an&e 2"eetE>a'$,esan! Pro/,e'sT2: C"a$ter E+ Page E)55 J E)5DT2: C"a$ter E)2APost C; Pra&ti&e Pro/,e'sConta&t ;or DT-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; 8ision an! Mission 2tate'ent+ T"rst AreasO.n Organi(ationDring C;5)5 2trategi& Manage'ent Pro&ess T5: C"a$ter 2Post C; I!enti#- Organi(ation 2trategies #or a&"ie0ing Goa,sO.n Organi(ationConta&t ;or 5?T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C;Dring C;5)2 Port#o,io Manage'ent 2-ste' T5: C"a$ter 2Post C; A$$en!i> 2)5 C,assi#- t"e $ro%e&ts Re4est #or Pro$osa,sO.n Organi(ationT5: Page AE3AAConta&t ;or 55T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Pro%e&t 2e,e&tion Met"o! Use! O.n Organi(ationDring C;E)5 Criteria #or Pro%e&t 2e,e&tion T5: C"a$ter 2Post C; C,assi#- Pro%e&ts se,e&te! as $er #inan&ia, an! non3#inan&ia, &riteriaO.n Organi(ationConta&t ;or 52T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Ti'e 8a,e o# Mone- T2: C"a$ter H Page H)5 to H)ADring C;E)2 Cost o# Ca$ita, an! In0est'ent CriteriaE>a'$,es an! Pro/,e'sT2: C"a$terA+ T2: C"a$ter 5?+ Page 5?)535?)2Post C; Pra&ti&e Pro/,e's 2+ 3+ E+ H T2: Pag3 A)2D3A)3?Conta&t ;or 53T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Pro%e&t 2&o$e 2tate'ent T5: C"a$ter 4+ Page 5523553DringH)5De#ining t"e Pro%e&t T5: C"a$ter 4C;Post C; Pro%e&t 2&o$e 2tate'ent T5: Page 5DE 3 2??Conta&t ;or 54T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; 1ist a,, t"e a&ti0ities o# Pro%e&t "an!,e! /- -oO.n Organi(ationDring C;H)2+ H)3 7or* Crea*!o.n 2tr&treRes$onsi/i,it- Matri> an! Co''ni&ation P,anT5: C"a$ter 4Post C; Case 4)3 Pro&ess De0e,o$'ent at Union C"e'i&a,sT5: Page 2?532?HConta&t ;or 55T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Esti'ate t"e ti'e o# ea&" a&ti0ities#or a $ro%e&t O.n Organi(ationDring C;A)5+A)2 Esti'ating o# Pro%e&t Costs an! Ti'eT5: C"a$ter 5Post C; Carr-ot Cotto'3U$ a$$roa&" #or a $ro%e&tO.n Organi(ationConta&t ;or 5ET-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Case 5)5 Rea! Case 5)5 2"ar$ Printing+ AG T5: C"a$ter 5+ Page 25A325DDring C;A)3 Case 5)5Pro%e&t Costs2"ar$ Printing AGT5: C"a$ter 5T5: Page 25A 3 25DPost C; A$$en!i> 5)2 Pro%e&t Cost Manage'ent T5: Page 23A 3 25HConta&t ;or 5HT-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; I!enti#- t"e re,ations"i$ /et.een 0arios a&ti0itiesO.n Organi(ationDring C;D)5+ D)2 Pro%e&t P,anning+ CPM Ca,&,ationsE>a'$,es an! Pro/,e'sT5: C"a$ter EPost C; Pre$are a Pro%e&t P,an in Pro%e&tManage'ent 2o#t.areO.n Organi(ation Conta&t ;or 5AT-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Un!erstan!Nor'a, Distri/tion Ta/,e 2tatisti&a, Ta/,esDring C;D)3PERT Ca,&,ations T5: C"a$terEPost C; Pra&ti&e Pro/,e's o# CPM an! PERTT5: Page 353335A+ 3HE 3 3HHConta&t ;or 5DT-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Re0ise Ti'e 2&a,e Net.or*Dring C;5?)5 Resor&e 2&"e!,ingE>a'$,esT5: C"a$ter APost C; Pro/,e's 5+ 2+ 3 T5: Page 4553453Conta&t ;or 2?T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Re0ise Ti'e 2&a,e Net.or*Dring C;5?)2+ 5?)3 Resor&e A,,o&ation+ M,ti3$ro%e&t Resor&e 2&"e!,esE>a'$,esT5: C"a$ter APost C; Pro/,e's 4+ 5 T5: Page 4543455Conta&t ;or 25T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Re0ise CPM Ca,&,ationDring C;55)5+ 55)2 Re!&ing Pro%e&t DrationE>a'$,esT5: C"a$ter DPost C; Pro/,e's 5 3 4 T5: Page 4D4 3 4DEConta&t ;or 22T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Re0ise CPM Ca,&,ationsDring C;55)3 Re!&ing Cost T5: C"a$ter DPost C; Pro/,e's 5 3A T5: Page 4DH 3 4DDConta&t ;or 23T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Data &o,,e&tion #or 'onitoring $ro%e&t $rogressO.n Organi(ationDring C;52)5+ 52)2 Pro%e&t Manage'ent In#or'ation 2-ste'T5: C"a$ter 53Post C; Pre$area s&"e!,e an! tra&* t"e $ro%e&t against P,an In M2 Pro%e&tO.n organi(ationConta&t ;or 24T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; G,ossar- o# Ter's se! in Earne! 8a,e Ana,-sisT5: Page EHEDring C;52)3 Earne! 8a,e Ana,-sisE>a'$,esT5: C"a$ter 53Post C; Pro/,e's 3 3A T5: $age EDA 3 H52Conta&t ;or 25T-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; 1ist0arios ris*s in an- one $ro%e&tO.n Organi(ationDring C;53)5 Ris* Manage'ent Pro&ess T5: C"a$ter HPost C; Dra. Ris* Crea*!o.n 2tr&tre an! $re$are a ris* $ro#i,e #or one $ro%e&tO.n Organi(ationConta&t ;or 2ET-$e Content Re#) To$i& Tit,e 2t!-G;7 Resor&e Re#eren&ePre C; Ris* Assess'ent #or one $ro%e&tRea! Case H)5O.n organi(ationPage3D433D5Dring C;53)2+ 53)3 Ris* Res$onse an! 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