18PNE044 PROJECT MANAGEMENT 3/0/0/3

PREREQUISITES: Basic Knowledge of business operations

COURSE OBJECTIVES
1. To facilitate the students to understand the importance of project management, project planning and
implementation
2. To provide an in-depth knowledge about important facets of projects and the methods of project
evaluation
3. To make the students understand the different project planning and scheduling techniques
4. To familiarise the students with contract management and to impart knowledge on effective project
implementation in them
COURSE OUTCOMES
Upon successful completion of the course, students will be able to:
1. Evaluate projects and assess their feasibility
2. Plan and schedule project activities for implementation
3. Monitor and control project implementation
4. Identify deviations and take corrective measures in implementing projects

UNIT 1 INTRODUCTION 6
Application of - Benefits of Project Management - Project Management Cycle - Project Initiation - Project
Planning - Project Execution - Project Closure - Project Manager -Roles and Responsibilities -Selection of
Project Team
UNIT 2 PROJECT APPRAISAL 6
Introduction – Technical Appraisal – Commercial Appraisal – Economic Appraisal – Financial Appraisal –
Management Appraisal - Project Cost Estimation – Order of magnitude estimate – Components of capital
cost of a project – Project Financing – Sources of Finance –Life cycle costing-concept
UNIT 3 PROJECT PLANNING AND SCHEDULING 10
Project Scheduling - Project Network Construction - CPM -PERT – Updating of network- Project Cost
control –Crashing of Project Network – Resource Leveling – Resource Smoothing-management of
softwares-features of MS project and Primevera.
UNIT 4 CONTRACT MANAGEMENT 4
Principles of Project Contracts - Project Contracting Process - Legal Aspects of Project Management –
Tenders - Global Tendering - Insurance for Projects – Types of contracts – Sub-contracts –Types of
payments to contractors
UNIT 5 PROJECT EVALUATION AND AUDIT 4
Project Evaluation – Evaluation objectives – Evaluation methods– Post Audit – Objectives of Post Audit –
Phases of Post Audit – Types of Post Audit – Agencies for Post Audit of Govt./Govt. sponsored projects
(Indian Scenario)- Emerging Trends.
TOTAL: 30
TEXT BOOKS:
1. Bhavesh M Patel, ‘Project Management’, Vikas Publishing House, 2010
2. Gopalakrishnan and V E Rama Moorthy, ‘Text Book of Project Management’, Macmillan, 2008
3. Jack R Meredith and Samuel J Mantel, ‘Project Management - A Managerial Approach’-Wiley
India,8th edition 2011
4. Nagarajan K, ‘Project Management’, New Age International (P) Ltd, New Delhi, 2017

REFERENCE BOOKS:
1. Jeffrey K Pinto, ‘Project Management, Achieving Competitive Advantage’, Pearson Education, 4th
edition,2016
2. Narendra Singh, ‘Project Management and Control’, Himalaya Publishing House, 6th edition2015
3. Nicholas, ‘Project Management for Business and Technology’, Prentice Hall of India, 2009
4. Paneerselvam and Senthilkumar, ‘Project Management’, Prentice Hall of India, 2009

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