Lovely Professional University, Punjab

Course Code MGT301 Course Category Course Title FUNDAMENTALS OF PROJECT MANAGEMENT Courses with numerical and conceptual focus Course Planner 16446::Tushinder Preet Kaur Lectures 4.0 Tutorials Practicals Credits 1.0 0.0 5.0

TextBooks Sr No T-1 Title Project Management Reference Books Sr No R-1 R-2 R-3 R-4 Other Reading Sr No OR-1 OR-2 OR-3 OR-4 OR-5 OR-6 OR-7 Journals articles as Compulsary reading (specific articles, complete reference) Projects & Profits: April 2009, Small Projects Big Challenges-The ICFAI University Press , Projects & Profits: May 2009, PMO Survival at Risk- -The ICFAI University Press , Projects & Profits: March 2009, Integration Challenges- -The ICFAI University Press , Vikalpa-The Journal for Decision Makers- Environmental Aspects of Project Management, Volume 83, Number 2, April-June 2008 , Projects & Profits: IT Projects a Comprehensive Selection Model, Dec 08,Project Mgmt through PERT & CPM- IUP , Projects & Profits: Project Launch, Sept 2008, Team Conflicts in Projects: How to resolve them -IUP , HBR-The Finance Function in a Global Corporation, by Mihir A Desai, Pg.108, July-August, 2008, hbr.org , Title Project Management Core Textbook Projects Project Management Project Management Author Samuel J. Mantel Jr Prasanna Chandra Harvey Maylor Gray, Clifford f Edition 6th 1st 3rd 7th Year 2006 2011 2009 2007 Publisher Name Wiley Tata McGraw Hill Pearson Tata McGraw Hill Author S Chowdhury Edition 7th Year 2007 Publisher Name Tata McGraw Hill

Relevant Websites Sr No RW-1 RW-2 RW-3 RW-4 RW-5 RW-6 (Web address) (only if relevant to the course) http://www.pmi.org http://www.pmforum.org/standards/ http://www.pmforum.org/library/papers/2002/longtermpm_barn es.pdf http://web.mit.edu/urbanupgrading/urbanenvironment/news/pr objects.html http://project-management.bestmanagementarticles.com http://www.projectsmart.co.uk/articles.html Salient Features Official website of Project Mgmt Institute Regulatory framework of Projects Future of PM Website for latest projects all over the world Project Management in a Nutshell, Dec. 2009 Project Management Articles

RW-7

http://web.mit.edu/urbanupgrading/upgrading/issuestools/tools /monitoring-eval.htm

Resources on Monitoring of projects

LTP week distribution: (LTP Weeks) Weeks before MTE Weeks After MTE Spill Over 7 6 2

Detailed Plan For Lectures

Week Number Lecture Number Broad Topic(Sub Topic) Chapters/Sections of Text/reference books Other Readings, Lecture Description Relevant Websites, Audio Visual Aids, software and Virtual Labs RW-1 Basics of Project Learning Outcomes Pedagogical Tool Demonstration/ Case Study / Images / animation / ppt etc. Planned Slide Show

Week 1

Lecture 1

Concepts of Project Management (Definition of a Project) Concepts of Project Management (Project Life Cycle Phases)

T-1:Ch. 1 Pg. 1-5 R-1:Ch. 1 T-1:Ch. 1 Pg. 5-15 R-3:Ch.2 T-1:Ch. 1 Pg. 16-19

Studentswillbe able to understand the basic of project Studentswillbe able to understand the basic of project

Basics of Projectwith different phases of Life Cycle Project selection techniques Basic Education to a ProjectManager will be discussed RW-1 RW-2 Roles and Responsibilitiesof a ProjectManager will be discussed Discussion of ProjectManager as Profession will be made RW-1 RW-2

Slide Show

Lecture 2

Concepts of Project Management (Tools and Techniques of Project Management) The Project Manager(Basic Education for a Project Manager)

Students will be able to Slide Show learn varioustools of Project Management Students will come to know about the basic education of Project Manager Students will be aware of Roles, Responsibilities of Project Manager Slide Show

Lecture 3

T-1:Ch. 1 Pg. 31-33

Lecture 4

The Project Manager(Roles and Responsibilities of a Project Manager) The Project Manager(Project Manager as a Profession)

T-1:Ch. 1 Pg. 34-35 R-1:Ch. 2

Slide Show

T-1:Ch. 1 Pg. 36-37

Students will be able to Slide Show analyse the Profession of Project Manager

Week 2

Lecture 5

Establishing the Project(Feasibility Report) Establishing the Project(Financing Arrangements)

T-1:Ch.2 Pg. 39-47

Discussion on Feasibility Students will be able to Slide Show Report will be made understand the concept of feasibility report Discussion on funds required for project Students will able to assess correctly the fundrequirement and plan Slide Show

Lecture 6

T-1:Ch.2 Pg. 47-51

Week 2

Lecture 7

Establishing the Project(Financing Arrangements)

T-1:Ch.2 Pg. 47-51

Discussion on funds required for project

Students will able to assess correctly the fundrequirement and plan

Slide Show

Lecture 8

Establishing the Project (Preparation of Cost Estimates) Establishing the Project (Finalization of Project Implementation Schedule) Establishing the Project (Finalization of Project Implementation Schedule)

T-1:Ch. 2 Pg. 51-58

Discussion on estimation Students will be able Slide Show of cost of the project tounderstand how to estimate cost of project Discussion on ProjectImplementation Schedule Discussion on ProjectImplementation Schedule Discussion on ProjectProfitability Studentswillbe able to finalizethe implementation schedule of project Studentswillbe able to finalizethe implementation schedule of project Slide Show

Week 3

Lecture 10

T-1:Ch.2 Pg. 58-66

Lecture 11

T-1:Ch.2 Pg. 58-66

Slide Show

Lecture 12

Establishing the Project(Evaluation T-1:Ch.2 Pg. 66-70 of the Project Profitability) Establishing the Project (Preparation of Cost Estimates) T-1:Ch. 2 Pg. 51-58

Students will Slide Show understand the concept of Project Profitability

Lecture 9

Discussion on estimation Students will be able Slide Show of cost of the project tounderstand how to estimate cost of project Discussion on ProjectProfitability How to appointProjectManager Students will Slide Show understand the concept of Project Profitability Students will be able to Slide Show understand the appointmnet of project Manager Students will be able to Slide Show learn last important step of estabilishing a project

Week 4

Lecture 13

Establishing the Project(Evaluation T-1:Ch.2 Pg. 66-70 of the Project Profitability) Establishing the Project (Appointing a Project Manager) T-1:Ch.2 Pg. 71-75

Lecture 14

Lecture 15

Establishing the Project(Fixing the Zero Date)

T-1:Ch. 2 Pg. 75-78

Discussion on the last important step in establishing a project

Lecture 16

Organizing Human Resources (Delegation of Authority) Organizing Human Resources (Project Manager's Authority)

T-1:Ch.3 Pg. 80-84 R-1:Ch.2 T-1:Ch. 3 Pg. 84

Discussion on delegation To enable the students Slide Show understand the concept of delegation Discussion on authority of ProjectManager Discussion on Organization chart Discussion on Organization chart OR-2 RW-4 RW-5 Discussion on accountability in ProjectExecution Students will be able to Slide Show understand the authority of Project Manager Students will be able to Slide Show demonstrate Project Managers authority Students will be able to Slide Show demonstrate Project Managers authority Students will be able Slide Show tounderstand the Project Execution accountability in practical scenario

Week 5

Lecture 17

Organizing Human Resources (Project Organization) Organizing Human Resources (Project Organization) Organizing Human Resources (Accountability in Project Execution)

T-1:Ch. 3 Pg. 85-94

Lecture 18

T-1:Ch. 3 Pg. 85-94

Lecture 19

T-1:Ch.3 Pg. 94-98

Week 5

Lecture 20

Contracts(3 R's of Contracting)

T-1:Ch.3 Pg. 98-113

Discussion on 3Rs

Students will be able to Slide Show understand the concept of 3Rs

Contracts(Tendering and Selection T-1:Ch.3 Pg.114-116 of Contractors)

Discussion on Tendering Students will be able to Slide Show and Selection of understand Tendering Contractor and Selection of Contractor in detail Discussion on the concept of Team Building Discussion on Conduct of Market Survey How to forecast the demand Students willbe able to Slide Show make a team for project Students will be made clear on Conduct of Market Survey Students will be made comfortable with the concept of forecasting of demand Students will be made comfortable with the concept of forecasting of demand Slide Show

Week 6

Lecture 21

Contracts(Team Building)

T-1:Ch.3 Pg. 116117 R-2:Ch.4 Pg. 4.74.11 R-2:Ch. 4 Pg. 4.114.25

Lecture 22

Market and Demand Analysis (Conduct of Market Survey) Market and Demand Analysis (Demand and Forecasting)

Lecture 23

Slide Show

Lecture 24

Market and Demand Analysis (Demand and Forecasting)

R-2:Ch. 4 Pg. 4.114.25

How to forecast the demand

Slide Show

Market and Demand Analysis (Situational Analysis) Week 7 Lecture 25 Lecture 26

R-2:Ch.4 Pg. 4.1-4.7

Discussion on Situational Students will be able to Slide Show Analysis understand the soncept of situational analysis Homework,Quiz,Test 1 Discussion on Manufacturing Process Discussion on Material Inputs and Utilities Students will beableto understand the process of manufacturing Slide Show

Technical Analysis(Manufacturing R-2:Ch.5 Pg. 5.1-5.2 Process) Technical Analysis(Material Inputs R-2:Ch.5 Pg. 5.3-5.4 and Utilities) Technical Analysis(Technical Arrangements) R-2:Ch.5 Pg. 5.3

Students will be able to Slide Show understand material inputs and utilities

Discussion on Technical Students willbeable to Slide Show Arrangements understand the concept of Technical Arrangements Discussion on Plant Capacity Discussion on Product Mix Discussion on Location and Site Students willbe able to Slide Show understand capacity of a plant Students willbeable to Slide Show understand the concept of product mix Students will be able to Slide Show understand the importance of location and site

Lecture 27

Technical Analysis(Plant Capacity) R-2:Ch.5 Pg. 5.5-5.6

Technical Analysis(Product Mix)

R-2:Ch.5 Pg. 5.4-5.5

Technical Analysis(Location and Site)

R-2:Ch.5 Pg.5.6-5.8

Week 7

Lecture 28

Technical Analysis(Structures and Civil Works)

R-2:Ch.5 Pg. 5.95.10

Discussion on Structures Students willbeable to Slide Show and Civil Works understand the concept of structure and civil works Discussion on Project Charts and Layouts RW-5 RW-6 Discussion on Environment Aspects Students willbeable to Slide Show understand project chart and layouts Students will be able to Slide Show understand environmentaspects

Technical Analysis(Project Charts and Layouts) Technical Analysis(Environment Aspects)

R-2:Ch.5 Pg. 5.105.11 R-2:Ch.5 Pg.5.10

MID-TERM
Week 8 Lecture 29 Social Cost Benefit Analysis (Meaning of SCBA) Social Cost Benefit Analysis (Rationale of SCBA) Lecture 30 Investment Criteria(Measuring Project Profitability) Investment Criteria(Payback Period) Lecture 31 Investment Criteria(Accounting Rate of Return) Investment Criteria(NPV) Lecture 32 Investment Criteria(Internal Rate of Return & BCR Method) R-2:Ch.14 Pg. 14.1 Meaning of SCBA Students will come to know about definition of SCBA Students will learn the objectives of SCBA Students will learn various investmnet criterias Student will learn Payback period Student will learn Accounting Rate of Return method Slide Show

R-2:Ch.14 Pg. 14.114.3 R-2:Ch.8 Pg. 8.2-8.9

Objectives of SCBA

Slide Show

Learning of Investmnet Criteria Learning of Various Investmnet Criteria Learning of Various Investmnet Criteria Learning of Various Investmnet Criteria Learning of Various Investmnet Criteria

Slide Show

R-2:Ch.8 Pg. 8.188.20 R-2:Ch.8 Pg. 8.218.24 R-2:Ch.8 Pg. 8.2-8.8 R-2:Ch.8 Pg. 8.88.18

Slide Show

Slide Show

Student will learn NPV Slide Show method Student will learn Slide Show PaybaStudent will learn IRR method and BCR method Students will be able to Slide Show assess various investment methods Slide Show

Investment Criteria(Assessment of Various Methods) Week 9 Lecture 33 Project Planning(Need and Importance of Work Break Down Structure) Project Planning(Project Execution Plan (PEP)) Project Planning(Project Procedure Manual)

R-2:Ch.8 Pg. 8.248.26 T-1:Ch.4 Pg. 124128 RW-4 RW-5

Assessment of various methods of Investment

Need and Importance of Students will learn Work Break Down about the concept of Structure Work Break Down Structure Discussion Project Execution Plan Various Subsystemsof ProjectManagement

Lecture 34

T-1:Ch.4 Pg. 129134 T-1:Ch.4 Pg. 134142

Students will be able to Slide Show understand how to execute plan for project Students will be able to Slide Show understand the concept of Project Procedure Manual

Lecture 35

Week 9

Lecture 36

Project Planning(Project Control System) Project Planning(Planning, Scheduling and Monitoring)

T-1:Ch.4 Pg. 142144 T-1:Ch.4 Pg. 144151 RW-7

Discussion ProjectControlSystem Discussion on various types of network

Students will be able to Slide Show understand the systemof project control Students will be able to Slide Show understand planning, scheduling and monitoring of the project Students will be able to Slide Show understand the monitoring contracts Students will be able to Slide Show understand the concept of CPM Students will be able to Slide Show understand the concept of CPM Students will be able to Slide Show understand PERT Students will be able to Slide Show understand PERT Students will be able to Slide Show understand time estimation

Week 10

Lecture 37

Lecture 38

Project Planning(Monitoring Contracts) Network Techniques for Project Management(CPM) Network Techniques for Project Management(CPM) Network Techniques for Project Management(PERT) Network Techniques for Project Management(PERT) Network Techniques for Project Management(Time Estimation) Network Techniques for Project Management(Numericals on CPM and PERT)

T-1:Ch.4 Pg. 151157 R-1:Ch.8 Pg. 387392 R-1:Ch.8 Pg. 387392 R-1:Ch.8 Pg. 376387 R-1:Ch.8 Pg. 376387 R-1:Ch.8 Pg. 387392 R-1:Ch.8 Pg. 422428

Discussion on monitoring contracts Discussion on CPM

Lecture 39

Lecture 40

Discussion on CPM

Week 11

Lecture 41

Discussion on

Lecture 42

Discussion on

Lecture 43

Discussion on PERT

Lecture 44

Numericalson CPM and Students will be able to Slide Show PERT understand the numericals of networking Homework,Quiz,Test 2 Discussion on Negotiation Students will be able to Slide Show understand the natureand types of negotiation Students will be able to Slide Show understand the concept of post completion audits Students will be able to Slide Show understand the concept of post completion audits Students will be able to Slide Show understand the concept of abandonment analysis

Week 12

Lecture 45 Lecture 46 Conflict and Negotiation(The Nature and Type of Negotiation) R-1:Ch.6 Pg. 290298

Lecture 47

Project Review and Administrative R-2:Ch.23 Pg. 23.2Aspects(Post Completion Audits) 23.7

Discussion on Post Completion Audits

Lecture 48

Project Review and Administrative R-2:Ch.23 Pg. 23.2Aspects(Post Completion Audits) 23.7

Discussion on Post Completion Audits

Week 13

Lecture 49

Project Review and Administrative R-2:Ch.23 Pg. 23.7Aspects(Abandonment Analysis) 23.11

Discussion on Abandonment Analysis

Week 13

Lecture 50

Project Review and Administrative R-2:Ch.23 Pg. 23.7Aspects(Abandonment Analysis) 23.11

Discussion on Abandonment Analysis

Students will be able to Slide Show understand the concept of abandonment analysis Students will be able to Slide Show understand current issues of Social Cost Benefit Analysis in Indian Banks

Lecture 51

Contemporary Issues in Project Management(Social Cost Benefit Analysis in Indian Banks)

R-2:Ch. 14

RW-4

Discussion on SCBA in Indian Banks

Lecture 52

Contemporary Issues in Project Management(Feasibility of Conventional Project Management Methods in Today's World)

T-1:Ch. 2

Discussion on Feasibility Students will be able to Slide Show in ProjectManagement understand current issues of Feasibility of Conventional Project Management Methods in Todays World Discussion on Financial Strategies to initiate Projects Students will be able to Slide Show understand current issues of Various Financial Strategies to initiate Projects

Contemporary Issues in Project Management(Various Financial Strategies to initiate Projects)

SPILL OVER
Week 14 Lecture 53 Future of Project management Role of IT in PM Students will be able to Slide Show analyse the future of Project Management Student will be able to Slide Show analyse the Role of IT in Project Management

Lecture 54

Scheme for CA:

Component Homework,Quiz,Test Frequency 2 Total :Out Of 3 Each Marks Total Marks 10 10 20 20

Details of Academic Task(s)

AT No. Objective Topic of the Academic Task Nature of Academic Task (group/individuals/field work Evaluation Mode Allottment / submission Week 3/5

Homework 1

To give practical exposure to the students about the various aspects of project management.

Every individual student will be allocated the hypothetical project Individual in which they are required to identify the Pre-requisites for starting that new project and justify the need for the same with all sources and also list down the obstacles and limitations

Prerequistites of the New Project- 4 marks , Need and objectives of the Project-3 Marks, Obstacles and limitations-3 Marks

Quiz 1

To check the Quiz will be from Unit1, unit 2, unit 3, unit4 of IP knowledge and understanding of the students about the subject To check the Test will be taken on CPM and PERT knowledge and understanding of the students about the subject

Individual

A minimum of 25 questions.

5/6

Test 1

Individual

All questions of 5 marks each or in multiples of 5.

11 / 12

Plan for Tutorial: (Please do not use these time slots for syllabus coverage)
Tutorial No. Lecture Topic Type of pedagogical tool(s) planned (case analysis,problem solving test,role play,business game etc)

Tutorial 1 Tutorial 2 Tutorial 3 Tutorial 4 Tutorial 5 Tutorial 6 Tutorial 7

Introduction to project management Case 1: Available in Resource File Roles and Responsibilities of Project Manager Case 2: Available in Resource File Project Manager Organizing Human Resources Case 3: Available in Resource File Project Organization in Practise Case 4: Available in Resource File Market and Demand Analysis Case 5: Available in Resource File Problem Solving on Market and Demand Analysis and Technical Analysis

Case analysis Case analysis Role play Case analysis Case analysis Case analysis Problem solving

After Mid-Term
Tutorial 8 SCBA Case Based Presentaions- Group (1,2,3) 7 mins for each group Investment Criteria Case 6: Available in Resource File Project scheduling and control Case Based Presentaions- Group (4,5,6) 7 mins for each group Network,CPM and PERT Case Based Presentaions- Group (7,8,9) 7 mins for each group Time estimation in network Clearance of doubts Discussion

Tutorial 9 Tutorial 10

Case analysis Discussion

Tutorial 11

Problem solving,Discussion

Tutorial 12 Tutorial 13

Problem solving Problem solving