- Course Description
The term project management is now used extensively for the management and accomplishment of any plan, scheme or task. Projects are the vital means of development and economic progress. They are the building blocks for generating additional capital and for ensuring flow of goods and services to the nation. In India, large amounts have been and are being spent on various projects for providing infrastructure facilities and for meeting developmental needs. Project management is critical to sustainable economic growth. New jobs and competitive advantage are achieved by constant innovation, developing new products and services, and improving both productivity and quality of work. Project management is thus of vital importance to any undertaking that is being newly setup or to any organization planning expansion/diversification of its activities.
This course provides with an overview of project management and the essential tools needed to deliver successful projects on time and within budget. One will learn the fundamental principles of project management including: project initiation, project definition, creation of work breakdown structures, scheduling using Gantt charts and network diagrams, risk management, budgeting and controlling resources, quality assurance, auditing and project termination.
Perhaps the best indicator of demand for project management can be seen in the rapid expansion of the Project Management Institute (PMI), a professional organization for project managers. PMI membership has grown from 93,000 in 2002 to the world’s leading project management organization with over 600,000 Global Members and over 300 Local Chapters Internationally (www.pmi.org).
2. Student Learning Outcomes
After successful completion of this course, executive students will be able to achieve the following objectives:
Will be able to appreciate most of the concepts discussed in project management course.
Will be able to appreciate the analytical aspects of project management particularly for project scheduling, monitoring and cost control, and will become proficient in the use of project management software like MS-Project for managing projects.
Will learn the key theories and skills that are essential for a great Project Manager.
3. Organization and Delivery of the Course
This course will have 15 live on-line sessions, each session having 75 minutes duration. The sessions are aligned with the suggested textbook chapters and numerical examples / application exercises. Selected case studies and reading articles will also be part of this course. In all sessions, the instructor will deploy a mix of lecture, short case discussion, and class exercises for achieving the learning outcomes of the course. The purpose of class exercises and case study is to have deeper understanding of the concepts being discussed. Microsoft Project will be used in some of the sessions to familiarise students with a project planning and scheduling software.
The total off-line engagements for this course are expected to be about 10 plus hours. The students are expected to come prepared for the live sessions by watching the videos (to be shared well before the select sessions) and by pre-reading the text book chapters, the articles and cases / exercises, as assigned / provided progressively during the course.
4. Course Resources
TEXT BOOK (TB) -
Project Management: The Managerial Process, Clifford F Gray, E W Larson, G V Desai, 6th edition / latest edn., McGraw Hill Education Publication.
REFERENCE BOOKS -
Project Management: a Systems Approach to Planning, Scheduling, and Controlling , Harold Kerzner,10th Edition, John Wiley & Sons.
Project Management, Sadhan Choudhury, TMG, New Delhi.
Project Management for Business, Engineering, and Technology: Principles and Practices, John M Nicholas and Herman Steyn, 3rd Edition, Elsevier.
International Project Management, Kathrin Koster, Sage.
Selected Reading Materials / Case Studies will be provided during the course.