2021 - PJM - L - 1 - 1627131557715-Project Management
2021 - PJM - L - 1 - 1627131557715-Project Management
2021 - PJM - L - 1 - 1627131557715-Project Management
CO-1
To introduce basic and modern concepts in
managing projects
CO-2
To introduce methods of doing market, technical
and financial analyses for the selection and
prioritization of projects
CO-3
To introduce techniques of project planning,
scheduling and managing risks, and allocation of
responsibilities
• Project Organization
• Interpersonal Skills
• EXAMPLES
• Introduction of a new kind of detergent in the Indian market
• Enhancing the production capacity of a steel plant from 2.5 MT to 4 MT.
• Reducing the downtime of the machines from 3% to 1%.
• Improving the quality of product from existing 95% to 98%.
• Erection and Commissioning of a 300 MW Gas Power Plant
• Preparation of documents for takeover of a Firm
• Implementing World Class Quality in an Automotive Industry
• CHARACTERISTICS
• Projects consist of series of activities and tasks that
– Have a specific objective to be completed within
certain specifications and performance requirements
– Have definite Start and End dates
– Have Funding Limits
– Consume Resources
– Meet and Exceed Customers’ Needs
– Involvement of several departments and professionals
– Doing something that has never been done earlier
• Identification of Project
• Prioritization of Project
• Selection of Project
• Scope of Work
• Work Breakdown Structure
• Risk Management
• Cost and Time Estimate
• Procurement
• Allocation of Resources
• Execution of Jobs
• Downsizing or Rightsizing
• Customer satisfaction
– Project Planning
– Project Scheduling
– Project Monitoring & Control
• Project Planning
• Stages:
• Defining Stage
• Planning Stage
• Executing Stage
• Delivery / Closing Stage