IPER TECHNICAL CAMPUS, BHOPAL

MBA SEMESTER II (2013 15)

COURSE OUTLINE : PROJECT MANAGEMENT
Course Chairman: Prof. Anil Purushothaman
Faculty Members: Prof. Milind Patil, Prof. (Dr.) Arjun Murti, Prof. Abhishek Pratap Singh.
Course Objective

With increasing technological and scientific advances, the efficient and effective planning and
implementation of major projects is becoming increasingly complex and critical. This course is aimed
at providing both basic and some advanced exposure to MBA Second Semester Students, so as to
enable the managers and Project Team members of tomorrow to successfully complete sophisticated
projects within the constraints of capital, time, and other resources.

The course aims at the following learning targets:
1. To understand the concepts of project definition, life cycle, and systems approach;
2. To develop competency in market and demand analysis, financial estimates and projections ;
3. To develop competencies in project costing, budgeting, and financial appraisal;
4. To handle the tasks of time estimation and project scheduling, including PERT and CPM
5. To gain exposure to administrative aspects of project control and management
6. To appreciate and understand the use of computers in project management, especially a tool like
MS Project and MS Excel.

Course Deliverables: At the end of this course the attendee would have attained the fundamental concepts and
methods of Project Management, Evaluation, Financing and control, and would be able to identify MS Project
and MS Excel as a Project Management tool.
Duration:
Total No. of Sessions: 35 (Including 05 Lab Sessions and 03 Test Sessions)
Internal Assessment Scheme:
Assignment 35%
Presentation 20%
Quiz Test 35%
Attendance 10%


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Text Book:
T1. Projects: Planning, Analysis, Selection, Financing, Implementation & Review- Prasanna
Chandra, Tata McGrawhill India Ltd.
T2. Project Management and Appraisal, Sitangshu Khatua, Oxford University Press
Reference Books:
R1. Project Management A Managerial Approach: Jack R. Meredith, Samuel J. Mantel, Jr., Wiley
Publ.
R2. Project Management Core textbook : Mantel, Meredith, Shafer Wiley India Publ.
R3. Project Management A Managerial Approach : Jack R. Meredith, Samual J. Mantel : Wiley Publ.
Course Contents
Module I Sessions: 06

Title Planning
Contents Overview: -
Projects and Project Management, components of a Project, Project life cycle,
Role of a Project Manager
Capital Investment: Importance & Difficulties, Types of Capital Investment;
Phases of Capital Budgeting, Levels of Decision Making, Facets of Project
Analysis, Key Issues in Major Investment Decisions, Objective of Capital
Budgeting, Common Weakness in Capital Budgeting

Strategy & Capital/Resource Allocation:-
Concept of Strategy, Grand Strategy, Diversification Debate, Portfolio Strategy,
Business Level Strategies, Strategic Planning & Capital Budgeting

Textbooks
Reference
T1. Ch. 1 & Ch. 2
T2. Ch. 1
Readings Reading Objective / Relevance
1. Building India with Project Management
Source: PMI Manage India Sept-2011 Issue
cover story
- lists the status of major public
sector projects in India, insights from
experts on how public projects fare in
India, the successes and the gaps, and
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what lies ahead.
2. The IT Department at Hamelin Hospital
Source: Case study from Project
Management Achieving Competitive
Advantage, by Jeffrey K. Pinto, ISBN 978-81-
317-2715-7
- An example of how a department
takes the project tasks and
handling.
3. (Video) Indias growth story: The Project
Management Initiative, Study by FICCI/PMI
Source: PMI India
- Gives a summary of the status of
infrastructure Projects in general
in India from 1992 -2009
4. The Big Lie of Strategic Planning
Source: Article from Howard Business
Review Jan 2014 by Roger L. Martin.
- Discusses the practical aspects of
Strategic planning and tries to
shake the comfort traps in it.
Web References 1. Reliance Jio, Bharti Airtel join hands for
sharing infrastructure
Source:
http://articles.economictimes.indiatimes.co
m/2013-12-10/news/45035105_1_reliance-
jio-infocomm-telecom-network-optic-fibre-
network; accessed on 24 Jan, 2014
- A recent example of deal on
infrastructure sharing between
two telecom giants, a win-win
approach.
2. Why are so many IT Projects failing?
Source:
http://www.cio.com/article/744168/Why_A
re_So_Many_IT_Projects_Failing_; accessed
on 24 Jan, 2014
- A recent article in CIO.com that
discusses about the reasons
behind the huge number of
failures in IT projects.
Activity 4 Panel Discussions on Readings
Execution plan:
1. A panel of 8 student panelists will be formed and the remaining class
strength shall be the audience. It will be ensured that each student gets
exactly one chance to appear in a panel during the course.
2. One panel discussion shall be of 15 minutes approx.
3. Questions shall be posed by the Moderator to the panelists and evaluation
will be based on the answers from the panel.
4. Results of evaluation (qualitative only) will be uploaded on the Portal.

Total sessions for
Title
06
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Module II Sessions: 07

Title Generation of Project Ideas & Screening
Contents Generation of ideas; Monitoring the environment; Corporate appraisal; Tools
for Identifying Investment Opportunities; Scouting for project ideas;
Preliminary screening; Project rating index; Sources of positive net present
value

Textbooks
Reference
T1. Ch. 3
Readings Reading Objective / Relevance
1. Time & cost Overruns in Kabul 105
MW Power Plant project;
Source: Page 437 440, Project
Management and Appraisal, Sitangshu
Khatua, Oxford Press
- A real example that explains the
factors in a project that
contributes to delays.
2. Western mining corporation:
Operations management project
Source: case study by Elspeth Murray,
Richard Ivey School of Business
- A case study that goes into the
reasons of implementation delay
in an Operations management
project.
3. Whos bringing you Hot ideas?
Source: Howard Business Review
February 2003 Article
- An article that discusses the
identification and management of
sources within the organization
who bring new ideas to work.
4. New Project? Dont Analyse Act.
Source: Howard Business Review March
2012 Article
- An article on how entrepreneurs
take small quick steps to get
initiatives off the ground.
Web References 1. Innovation: It's Not The Idea, It's
What You Do With It
Source:
http://www.forbes.com/sites/johnkotter
/2013/11/22/innovation-its-not-the-
idea-its-what-you-do-with-it/
- An article on innovations in
business from John Kotter, owner
of Kotter International that helps
leaders deliver transformational
change.
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2. Small innovations add up to big
business
Source:
http://www.livemint.com/Opinion/zg0A
HJAMabSSP3x2C1M3QJ/Small-
innovations-add-up-to-big-business.html
- An article on how even the
smallest businesses are capable of
coming up with ideas that capture
customers imaginations.
3. 10 of the Most Innovative Small
Businesses of 2013
Source:
http://www.entrepreneur.com/article/22
6940
- An interesting list of innovative
ideas in business in 2013.
Assignment 1: Generate a project idea for setting up a business enterprise in Bhopal. What
were the various ideas put up for consideration? List all of them and justify
selection on the basis of PEST, SWOT and Value Chain Analysis.
Assignment to be attempted by all the 15 groups, wherein each group consists
of 5 members.
Presentation 1: Any 8 groups shall be randomly picked for presentation on Assignment.
Number of
Sessions

07
Internal Test 1: Course coverage: Module 1 & 2
Max. marks: 20
Duration: 1 hr (Not included in above)


Module III Sessions: 06
Title Analysis: - Market & Demand Analysis
Contents Situational analysis and specification of objectives; Collection of
secondary information; Conduct of market survey; Characterization of
the market; Demand forecasting; Uncertainties in demand forecasting;
Market planning

Textbook References T1: Ch. 4
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Readings Reading Objective / Relevance

1. Identifying Project Costs and Benefits in
agricultural projects
- Source: Stanford University document for
providing analytical tools to agricultural
investments in developing countries.
http://www.stanford.edu/group/FRI/indonesi
a/documents/gittinger/Output/chap2.html
- A chapter from the
Project Management
classes at Stanford
university.
2. Market Survey Tools, Preparation of
Schedule and Techniques of Data
Collection
Source: Entrepreneurship Development
Institute of India, Ahmedabad
- A chapter on using market
survey tools and data
collection.
3. Demand Forecasting Today
Source: OR/MS Today copyright 2003 by
the Institute for Operations Research and the
Management Sciences
- talks about new
challenges and
opportunities for demand
forecasting in the e-
business environment today
Web Resources 1. Excel formulas for demand forecasting
How-To manual.
Source: http://www.cimaglobal.com/Thought-
leadership/Newsletters/Insight-e-
magazine/Insight-2010/Insight-November-
2010/Spreadsheet-skills-trendy-forecasting-in-
Excel/
accessed on 24 Jan, 2014

To learn hands-on skills on
using excel sheets for
demand forecasting
2. Video on trend forecasting in excel.
Source:
http://www.youtube.com/watch?v=zT08cvFS
g9g
To learn hands-on skills
using excel sheets for trend
forecasting
Activity 1 Problem Solving on Demand forecasting Time Series projection
methods using Excel

Activity 2 02 Panel Discussions (8 student panelists per panel) on Readings
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Presentation 2: Remaining 8 Groups to give Presentation on Assignment.
Number of Sessions 06

Module IV Sessions: 05

Title Analysis: - Technical Analysis
Contents Manufacturing Process/ Technology; Technical Arrangements; Materials
& Inputs; Product Mix; Plant capacity; Location and site; Machineries
and equipments; Structures and Civil Works; Environmental Aspects;
Project Charts and Layouts; Project Implementation Schedule; Need for
Considering Alternatives

Textbooks Reference T1: Ch. 5
Reading References Reading Objective / Relevance
1. Construction of Indias largest
Underground Railway Project
Source: A research paper submitted by Vinod
kumar, Konkan Railway Corporation Ltd.,
Reasi (Jammu & Kashmir), India, World Tunnel
Congress 2008 - Underground Facilities for
Better Environment and Safety India
- A paper that reflects what
technical analysis means,
useful for the students in
understanding the
requirement of a technical
analysis.
2. The Case of ARTF Corporation
Source: Case study from Project Management
& Appraisal, Sitangshu Khatua, Oxford Press
Page 19-20
- A case study that throws
light on the problems that
a project team can face
during various aspects of
project management.
3. Why your IT projects may be riskier than
you think
Source: Article by Bent Flyvbjerg and
Alexander Budzier in Harvard Business Review
September 2011
- a new research that
shows that there are
surprisingly high number of
out-of-control tech
projects, ones that can sink
entire companies and
careers.
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4. Cloud computing The new strategic
weapon
Source: PMI whitepaper 2011
- a whitepaper that is
based on Gartner survey
results in 2011 that shows
how companies across the
world are benefitting from
cloud computing.
Web Resources 1. Learn Microsoft Project In 16 minutes Flat
Source: Video from
http://www.youtube.com/watch?v=sPwURRG
9_Gs
- a video that gives a
complete overview of the
features of MS Project
2010
2. What is technical analysis?
Source: Video from
http://www.youtube.com/watch?v=_2sa3TC5
8Qo
- a video lecture from Tim
Bennet, Deputy Editor,
MoneyWeek that explains
what technical analysis
means.
Activity Computer Lab sessions on MS-Project (Introduction and basic features)
Number of Sessions 05

Internal Test 2: Course Coverage: Module 3 & 4
Max. Marks: 20
Duration: 1 Hr. (Not included in above)


Module Sessions: NIL
Title Selection
Contents Basic Techniques The time value of money, Investment criteria, project
cash flows, the cost of capital, stand alone risk analysis, portfolio theory
and capital budgeting
Textbook References T1
Note NIL (Module will be covered under CP-204 Financial Management)

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Module Sessions: NIL
Title Financing
Contents Financing: Financing of infrastructure and other Projects, its capital
structure and methods of offering. Venture capital and private equity.

Textbook References T1
Note NIL (Module will be covered under CP-204 Financial Management)

Module V Sessions: 03

Title Project implementation & review
Contents Forms of project organization; Project planning; Project control;
Human aspects of project management; Pre-requisites for successful
project implementation; Essence of project management

Textbooks Reference T1: Ch. 21
R1. Ch. 5, 7, 8, 9
Readings Reference Objective / Relevance
1. From Crisis to Control: New
Standards for Project Management
Source: Michael Stanleigh, Ivey
Business Journal, March/April 2006
- Identifies the problems arising from
projects that are not aligned with the
goals and objectives of the
organization and how to align projects
with corporate strategy.
2. Need for Project Management
Source: Caselets from ICMR Center
for Research Management 2004
- Two caselets that explains how the
need for project management arises
out of problems.
3. Bringing Discipline to Project
Management
Source: A review by Jeffrey Elton and
Justin Roe, Harvard Business Review
- An article in HBR by Jeffrey Elton that
discusses the need of disciplined
approach to project management.
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4. Performing a Project Pre-mortem
Source: Case by Gary Klein, Harvard
Business Review, Sept 2007
- a case that explains how important it
is to look into the key aspects of the
project before even beginning the
project.
Activity Demonstration of Creating PERT and CPM Charts from MS Project
Number of Sessions 03

Module VI Sessions: 05

Title Project Review and Administrative Aspects
Contents
Control of in-progress projects; Post-completion audits;
Abandonment analysis; Administrative aspects of capital budgeting;
Agency problem; How sound is the capital budgeting system;
Disciplining the capital budgeting process for small ticket items

Textbooks Reference T1: Ch. 23

Readings Reading Objective / Relevance
1. Volkswagen Mexico Revs up
for Jetta component production
Source: PMI.org
Gives an example of how WBS
and Project management
approach adopted by PMI
helped in successful project
execution
2. Will project creep cost you
or create value?
Source: Article by Loren Gary,
Harvard Business Review, 2005
- An article that explains what
project creep is and how it can
affect a project.
3. Changing mindsets in the
classroom
Source: PMI.org Manage India
Journal
- An article that explains the
need of improved academics of
project management as a
profession in India, an initiative
by PMI.
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4. India emerges as a global
brand in projects
Source: PMI.org
- Identifies the requirements for
becoming a global brand in
projects.
Web Resources 1. The dirty little secrets of
project management.
Source: Blog by Joe Knight, Roger
Thomas, and Brad Angus
http://blogs.hbr.org/2013/03/th
e-dirty-little-secret-of-pro/
- explains how overruns in
projects can be avoided.
2. Project management quick
tips lesson 3
Source:
http://www.youtube.com/watc
h?v=R_cokZf7p_k
- a video explaining how to
identify critical path using MS
Project.
Activity 1: 02 Panel Discussion (8 student panelists per panel) on Readings
Quiz Test: 1 Quiz test covering all modules.
Number of Sessions 05
Internal Test 3: Course Coverage: Module 5
Max. Marks: 10
Duration: 1 Hr. (Not included in above)


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