PROJM EM-15

PROJM EM-15
1yr MBA-Executive 2015-16T-IV

Sunil Agrawala,PMP – PT prog /2015-16 Page 1

Project Management

Credits	4.0
Faculty Name	Sunil Agrawala,PMP, sunil@bharticonsulting.com, 9861103700
Program	1 year MBA Executive
Academic Year and Term	2015-2016

1. Course Objective: Project Management is becoming a critical success factor in today’s competitive and fast changing global business environment. As per KPMG, more than USD 1 trillion is being spent on projects annually. And ironically, more than 50% of these projects, even today are challenged and facing schedule and cost overruns. Two of the top reasons for these project failures as per PMI (Project Management Institute) are termed as:

· Lack of adoption of standard and matured project management methodology
· Lack of skilled project managers

Organizations globally have become very proactive in adopting Standard Project Management Methodology and Best Practices across all projects within their own organizations and also have proactively been training their managers on Project Management Practices and Standard.

Project Management has gradually become an integral way of managing critical and strategic socio-economic-business plans and objectives. Be it developing new infrastructure, a new manufacturing facility, implementing a new service offering, developing a new IT solution, designing a new product, transformations within an existing organization, a mission to space or even implementing a welfare scheme, all are planned and executed as Projects. Managing strategic business or socio-economic objectives and goals as Projects, brings obvious tangible benefits in terms of reduced cost and time lines and most importantly ensuring successful implementation.

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. Project Management is considered now as a specialized skill and profession and is considered to be much wider in scope in terms of skills required vis-à-vis general management. This 4.0 credit course addresses management aspects of project initiation, planning, execution controlling and closing with understanding of Project Management concepts, processes, applicable knowledge areas, tools and techniques, best practices etc.

This course will also bring hands-on practical knowledge on Microsoft Project, a leading and popular project management tool. Last but not the least, this course also helps the aspirants to prepare for becoming a PMP, the coveted Project Management Certification from Project Management Institute, USA

2. Learning Outcomes: Upon successful completion of this course, you should be able to:

· Uderstand different kinds of projects and their reasons for failure
· Differentiate clearly between project management and operation management
· Ability to lead a new project with more confidence by following a structured and scientific approach based on global project management guidelines (PMBOK V edition)
· Comprehensive understanding of end-to-end project management processes of Initiation, Planning, Execution, Controlling and Closing; and different project application areas of Scope Management, Time Management, Cost Management, Quality Management, HR Management, communication Management, Risk Management, Procure Management and Integration Management
· Use MS Project software/tool for project planning and controlling
· Approach the prestigious PMP certification with confidence
· Complete required prerequisites including mandatory 35 hours of PM training for PMP

3. Required Book and Reading Material:

· Project Management Body of Knowledge (PMBOK) V Edition from PMI, (USA)
· Project Management, A Systems Approach to Planning, Scheduling, Controlling, by Harold Kerzner
· Project Management Case Studies – By Dr Harold kertzner
· Website – www.pmi.org

4. Padagogy:
Each session will be supported with case studies and exercises in the class, which will help to reinforce the understanding of the basic project management concepts, processes, principles and best practices. The course will encourage extensive class discussions on project challenges, success factors and individual experiences.

5. Evaluation:

1. Quiz 1 (Individual, online) : 10 %
2. Quiz 2 (Individual, online) : 10 %
3. Midterm (Individual, online) : 20 %
4. Group Presentation/Assignment : 10%
5. MS Project Application : 10%
6. Final exam (hard copy) : 40 %
TOTAL : 100 %

6. Academic Integrity: Utmost care is taken as to maintain class decorum, follow the exact evaluation norms, conduct fair examinations, fair and transparent evaluation of examination papers so as to maintain the highest academic integrity.

7. Tentative Session Plan: (27 Sessions)

Description
No of Classes

1. An overview of Project Management:

a. Concept of a project
b. Categories of Project
c. Why Project Management – A Survey Result
d. Characteristics of Project
e. Tools and techniques for project management
f. Roles and responsibilities of project managers

2. Project Management Context:
a. Project life cycle & phases
b. Project Stakeholders
c. Organizational Influences
d. Organization for project implementation
e. Matrix organization

3. Project management Processes
a. Project Management Process Groups
b. Initiating, Planning, Executing, Monitoring, Closing
c. Major PM Documents

4. Project Integration Management
a. Develop Project Charter
b. Develop Project Management Plan
c. Direct & Manage Project Execution
d. Monitor & control Project Work
e. Perform Integrated Change Control
f. Close Project or Phase

5. Project Scope Management
a. Collect Requirements
b. Define Scope
c. Create WBS (Work Breakdown Structure)
d. Validate Scope
e. Control Scope

6. Project Time Management
a. Activity Definition
b. Activity Sequencing
c. Activity Resource Estimating
d. Activity Duration Estimating
e. Schedule Development
f. Schedule Control

7. Project Cost Management
a. Cost Estimating
b. Cost Budgeting
c. Cost Control

8. Project Quality Management
a. Quality Planning
b. Perform Quality Assurance
c. Perform Quality Control

9. Project Human Resource Management
a. Human Resource Planning
b. Acquire Project Team
c. Develop Project Team
d. Manage Project Team

10. Project Communications Management
a. Communication Planning
b. Manage Communication
c. Control Communication

11. Project Risk Management
a. Risk Management Planning
b. Risk Identification
c. Qualitative Risk Analysis
d. Quantitative Risk Analysis
e. Risk Response Planning
f. Risk Monitoring & Control

12. Project Procurement Management
a. Plan Procurements
b. Conduct Procurements
c. Control Procurements
d. Close Procurements

13. Project Stakeholder Management
a. Identify Stakeholders
b. Plan Stakeholder Management
c. Manage Stakeholder Engagement
d. Control Stakeholder Enggement

14. Microsoft Project Tool
a. Understanding the tool
b. Developing a project plan in MS Project
c. Monitoring and controlling project in MS Project

15. Everything about PMP Certification exam
16. Case Studies and Presentation 1 Session

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Contact: sunil_agrawala@yahoo.com; sunil@bharticonsulting.com; +91-9861103700
LinkedIn: Sunil Agrawala

Created By: Alora Kar on 10/16/2015 at 12:29 PM
Category: MBA EX-15-T-IV Doctype: Document

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