Project Management 21ME651
Course Code: 21ME651
Credits: 03
CIE Marks: 50
SEE Marks: 50
Total Marks: 100
Exam Hours: 03
Total Hours of Pedagogy: 40T
Teaching Hours/Weeks: [L:T:P:S] 3:0:0:0
Introduction: Definition of project, characteristics of projects, understand projects, types of
projects, scalability of project tools, project roles.
Project Selection and Prioritization:
Strategic planning process, Strategic analysis, strategic objectives. Portfolio alignment –
identifying potential projects, methods of selecting projects, financial mode / scoring models to select
projects, prioritizing projects, securing and negotiating projects.
Planning Projects: Defining the project scope, Project scope checklist, Project priorities, Work
Breakdown Structure (WBS), Integrating WBS with organization, coding the WBS for the information
system.
Scheduling Projects: Purpose of a project schedule, historical development, how project schedules are
limited and created, develop project schedules, uncertainty in project schedules, Gantt chart.
Resourcing Projects: Abilities needed when resourcing projects, estimate resource needs, creating
staffing management plant, project team composition issues.
Budgeting Projects: Cost planning,
cost estimating, cost budgeting, establishing cost control. Project Risk Planning: Risk Management Planning,
risk identification, risk analysis, risk response planning.
Project Quality Planning and Project
Kick off: Development of quality concepts, project quality management plan, project quality tools,
kick off project, baseline and communicate project management plan, using Microsoft Project for project
baselines.
Performing Projects – Project supply chain management: Plan purchasing and acquisitions, plan
contracting, contact types, project partnering and collaborations, project supply chain
management.
Project Progress and Results: Project Balanced Scorecard Approach, Internal
project, customer, financial issues, Finishing the project: Terminate project early, finish projects on
time, secure customer feedback and approval, knowledge management, perform administrative and contract
closure.
Network Analysis: Introduction, network construction – rules, Fulkerson’s rule for numbering the events, AON and AOA diagrams; Critical path method (CPM) to find the expected completion time of a project, floats; PERT for finding expected duration of an activity and project, determining the probability of completing a project, predicting the completion time of project; crashing of simple projects.