Overview of Project Management: Verities of project, Project Features, Project Life Cycle – S-Curve, J-C
Project Selection: Project Identification and Screening – New ideas, Vision, Long-term objectives, SWOT Analysis (Strength, Weakness, Opportunities, Threats).
Project Appraisal – Market Appraisal, Technical Appraisal, Economic Appraisal, Ecological Appraisal, and Financial Appraisal – Payback, Net Present Value (NPV), Internal Rate of Returns (IRR).
Project Selection – Decision Matrix, Technique for Order Preference using Similarity to Ideal Solution (TOPSIS), Simple Additive Weighting (SAW).
Project Presentation: WBS, Project Network – Activity on Arrow (A-O-A), Activity on Node (A-O-N).
Project Scheduling: Gant Chart, Critical Path Method (CPM), Project Evaluation & Review Technique (PERT).(6hrs)
Linear time cost trade-offs in project – Direct cost, indirect cost, Project crashing Resource Consideration – Profiling, Allocation, Levelling.
Introduction to project management software: Primavera/ Microsoft project
Project Execution: Monitoring control cycle, Earned Value Analysis (EVA), Project Control – Physical control, Human control, financial control.
Organizational and Behavioral Issues: Organizational Structure, Selection-Project Manager, Leadership Motivation, Communication, Risk Management.
Project Termination: Extinction, Addition, Integration, Starvation.