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Birla Institute of Technology & Science, Pilani
                            Work-Integrated Learning Programmes Division
                                        First Semester 2012-2013
                                             Course Handout


Course No.      : CM ZG523/MM ZG523/HHSM ZG519/QMJ ZG523

Course Title    : Project Management

Instructor      : RAJESH MATAI

Course Description :

Concepts and techniques of project formulation, evaluation and implementation; Project planning and
scheduling; Risk management; Time-cost trade off; Resource levelling and allocation; Project monitoring
and control; Contract Management.

Scope and Objectives

Essentials of Project Management are an introductory course on issues related to the project management of
enterprises with emphasis on planning, scheduling and controlling. Students will be exposed to fundamental
theories in business practice, and limitations and difficulties of project management theories in solving real
problems. The basic objective of this course is to help students develop the skill found in competent project
manager.

Prescribed Text Books

T1.    Chandra Prasanna, Projects: Planning, Analysis, Selection, Fin. Implementation & Review, Tata
       McGraw Hill, 7th Ed., 2009.

T2.    Nicholas John M., Project Management for Business and Technology, Prentice Hall of India, 2nd Ed.,
       2001.

Reference Books

R1.    Kerzner, Harold, Project Management: A Systems Approach to Planning and Controlling, CBS
       Publishers, 2nd Ed., 2000.

R2.    Pinto K. J. Project Management Pearson Education Second Edition 2009

R3.    Larson W. E. & Gray F.C., “Project Management The Managerial Process” TMH            Fourth Edition
CM ZG523/MM ZG523/HHSM ZG519/QMJ ZG523       (Course Handout) First Semester 2012-2013               Page 2

Plan of Self Study

Week     Learning Objectives            Topics to be covered                       TB Chapter No.
No.
1        To get a feel of project       What is project, Importance of project     T2 chapter no.1
         management environment         management
2-3      Understanding different        PM in industrial setting and service       T2 chapter no 2 & 3
         forms of project management    setting, Strategy in project
                                        management, system approach to PM
4        Understanding organization     Project management structures,             T2 chapter no 14
         structures for projects        comparing different structures and
                                        selecting right one.
5        Apprising new projects         Marketing analysis, technical analysis     T1 Chapter no. 4 , 5 &
                                        and financial analysis                     6
6-7      Understanding project          Project cash flow estimation,              T1 Chapter no. 8
         selection techniques           Quantitative techniques i.e. Pay back,
                                        NPV, IRR
8        Financing of new projects      Different financing sources and            T1 chapter no. 18
                                        studying their pros and cons
9        Review Session
               Syllabus for Mid-Semester Test (Closed Book): Topics in Week No. 1 to 9
10       Defining project scope         What is project scope, Understanding     T2 chapter no 6
                                        work break down structures,
                                        Responsibility matrix, preparing
                                        communication plan
11       Estimating project times and   Identifying factors responsible for time T2 chapter no 9
         costs                          estimates, Different methods for time
                                        and cost estimation
12       Developing a project plan      Developing project networks from         T2 chapter no 7
                                        work packages, AOA and AON
                                        Networks, Network computation
                                        process, practical consideration
13       Managing risks                 Understand risk management process,      T2 chapter no 10
                                        contingency planning, change control
                                        management
14       Scheduling resources and       Resource scheduling problems,            T2 chapter no 8
         costs                          classification of scheduling problems,
                                        multiproject project recourse schedules
15       Managing Outsourcing in        Best practices in outsourcing project    T2 chapter no 16
         new projects                   work, The art of negotiating
16       Project performance            The project control process, Earned      T2 chapter no 11
         management and evaluation      value concept, developing a status
                                        report
17       Project Audit and closure      Project audits, Project closure          T2 chapter no 13
18       Review Session
        Syllabus for Comprehensive Exam (Open Book): All topics given in Plan of Self Study
CM ZG523/MM ZG523/HHSM ZG519/QMJ ZG523                (Course Handout) First Semester 2012-2013                  Page 2

Evaluation Scheme:

   EC       Evaluation                  Duration                           Weigh-       Day, Date, Session,Time
   No.      Component &                                                     tage
            Type of Examination
  EC-1      Assignment/Quiz             ** Details to be announced           15%        ** Details to be announced
                                        on LMS Taxila website by                        on LMS Taxila website by
                                        Instructor                                      Instructor by 24th July, 2012
  EC-2      Mid-Semester Test                      2 Hours                   35%        Saturday, 08/09/2012 (AN)*
            (Closed Book)*                                                              2 PM – 4 PM
  EC-3      Comprehensive Exam                      3 Hours                  50%        Saturday, 03/11/2012 (AN)*
            (Open Book)*                                                                2 PM – 5 PM

** Please check the details by 24th July, 2012 on LMS Taxila web site.

* Legend:

AN: AfterNoon Session; FN: ForeNoon Session

Closed Book Test: No reference material of any kind will be permitted inside the exam hall.
Open Book Exam: Use of any printed / written reference material (books and notebooks) will be permitted inside the
exam hall. Loose sheets of paper will not be permitted. Computers of any kind will not be allowed inside the exam
hall. Use of calculators will be allowed in all exams. No exchange of any material will be allowed.

Note:
It shall be the responsibility of the individual student to be regular in maintaining the self study schedule as given in
the course handout, attend the online/on demand lectures as per details that would be put up in the BITS LMS Taxila
website www.taxila.bits-pilani.ac.in and take all the prescribed components of the evaluation such as Assignment
(Course Page on LMS Taxila), Mid Semester Test and Comprehensive Examination according to the Evaluation
Scheme given in the respective Course Handout. If the student is unable to appear for the Regular Test/Examination
due to genuine exigencies, the student must refer to the procedure for applying for Make-up Test/Examination, which
will be available through the Important Information link on the BITS WILP website on the date of the Regular
Test/Examination. The Make-up Tests/Exams will be conducted only at selected exam centres on the dates to be
announced later.

                                                                                                 Instructor-in-Charges

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Handout

  • 1. Birla Institute of Technology & Science, Pilani Work-Integrated Learning Programmes Division First Semester 2012-2013 Course Handout Course No. : CM ZG523/MM ZG523/HHSM ZG519/QMJ ZG523 Course Title : Project Management Instructor : RAJESH MATAI Course Description : Concepts and techniques of project formulation, evaluation and implementation; Project planning and scheduling; Risk management; Time-cost trade off; Resource levelling and allocation; Project monitoring and control; Contract Management. Scope and Objectives Essentials of Project Management are an introductory course on issues related to the project management of enterprises with emphasis on planning, scheduling and controlling. Students will be exposed to fundamental theories in business practice, and limitations and difficulties of project management theories in solving real problems. The basic objective of this course is to help students develop the skill found in competent project manager. Prescribed Text Books T1. Chandra Prasanna, Projects: Planning, Analysis, Selection, Fin. Implementation & Review, Tata McGraw Hill, 7th Ed., 2009. T2. Nicholas John M., Project Management for Business and Technology, Prentice Hall of India, 2nd Ed., 2001. Reference Books R1. Kerzner, Harold, Project Management: A Systems Approach to Planning and Controlling, CBS Publishers, 2nd Ed., 2000. R2. Pinto K. J. Project Management Pearson Education Second Edition 2009 R3. Larson W. E. & Gray F.C., “Project Management The Managerial Process” TMH Fourth Edition
  • 2. CM ZG523/MM ZG523/HHSM ZG519/QMJ ZG523 (Course Handout) First Semester 2012-2013 Page 2 Plan of Self Study Week Learning Objectives Topics to be covered TB Chapter No. No. 1 To get a feel of project What is project, Importance of project T2 chapter no.1 management environment management 2-3 Understanding different PM in industrial setting and service T2 chapter no 2 & 3 forms of project management setting, Strategy in project management, system approach to PM 4 Understanding organization Project management structures, T2 chapter no 14 structures for projects comparing different structures and selecting right one. 5 Apprising new projects Marketing analysis, technical analysis T1 Chapter no. 4 , 5 & and financial analysis 6 6-7 Understanding project Project cash flow estimation, T1 Chapter no. 8 selection techniques Quantitative techniques i.e. Pay back, NPV, IRR 8 Financing of new projects Different financing sources and T1 chapter no. 18 studying their pros and cons 9 Review Session Syllabus for Mid-Semester Test (Closed Book): Topics in Week No. 1 to 9 10 Defining project scope What is project scope, Understanding T2 chapter no 6 work break down structures, Responsibility matrix, preparing communication plan 11 Estimating project times and Identifying factors responsible for time T2 chapter no 9 costs estimates, Different methods for time and cost estimation 12 Developing a project plan Developing project networks from T2 chapter no 7 work packages, AOA and AON Networks, Network computation process, practical consideration 13 Managing risks Understand risk management process, T2 chapter no 10 contingency planning, change control management 14 Scheduling resources and Resource scheduling problems, T2 chapter no 8 costs classification of scheduling problems, multiproject project recourse schedules 15 Managing Outsourcing in Best practices in outsourcing project T2 chapter no 16 new projects work, The art of negotiating 16 Project performance The project control process, Earned T2 chapter no 11 management and evaluation value concept, developing a status report 17 Project Audit and closure Project audits, Project closure T2 chapter no 13 18 Review Session Syllabus for Comprehensive Exam (Open Book): All topics given in Plan of Self Study
  • 3. CM ZG523/MM ZG523/HHSM ZG519/QMJ ZG523 (Course Handout) First Semester 2012-2013 Page 2 Evaluation Scheme: EC Evaluation Duration Weigh- Day, Date, Session,Time No. Component & tage Type of Examination EC-1 Assignment/Quiz ** Details to be announced 15% ** Details to be announced on LMS Taxila website by on LMS Taxila website by Instructor Instructor by 24th July, 2012 EC-2 Mid-Semester Test 2 Hours 35% Saturday, 08/09/2012 (AN)* (Closed Book)* 2 PM – 4 PM EC-3 Comprehensive Exam 3 Hours 50% Saturday, 03/11/2012 (AN)* (Open Book)* 2 PM – 5 PM ** Please check the details by 24th July, 2012 on LMS Taxila web site. * Legend: AN: AfterNoon Session; FN: ForeNoon Session Closed Book Test: No reference material of any kind will be permitted inside the exam hall. Open Book Exam: Use of any printed / written reference material (books and notebooks) will be permitted inside the exam hall. Loose sheets of paper will not be permitted. Computers of any kind will not be allowed inside the exam hall. Use of calculators will be allowed in all exams. No exchange of any material will be allowed. Note: It shall be the responsibility of the individual student to be regular in maintaining the self study schedule as given in the course handout, attend the online/on demand lectures as per details that would be put up in the BITS LMS Taxila website www.taxila.bits-pilani.ac.in and take all the prescribed components of the evaluation such as Assignment (Course Page on LMS Taxila), Mid Semester Test and Comprehensive Examination according to the Evaluation Scheme given in the respective Course Handout. If the student is unable to appear for the Regular Test/Examination due to genuine exigencies, the student must refer to the procedure for applying for Make-up Test/Examination, which will be available through the Important Information link on the BITS WILP website on the date of the Regular Test/Examination. The Make-up Tests/Exams will be conducted only at selected exam centres on the dates to be announced later. Instructor-in-Charges