Project Management

UNIT 1: OVERVIEW OF PROJECTS AND PROJECT

MANAGEMENT
• Introduction
• Project Concept/Definition
• Types of Projects
• Importance of Capital Investment Projects
• Difficulties of Capital Investment Projects
• Objectives of Capital Investment Projects
• Phases of Capital Investment Projects
 UNIT 2: PROJECT LIFE CYCLE
• Introduction
• Definition of Project Cycle
• Project Life cycle – Baum (World Bank) Approach
• Project Life cycle – UNIDO Approach
• Pre-investment Phase
• Investment Phase
• Operating Phase
 UNIT 3: PROJECT IDENTIFICATION
• Generation of Project Ideas
• Monitoring the Environment
• Corporate Appraisal
• Profit Potential of the Industry/Industry Analysis
• Scouting for Project Ideas
• Preliminary Screening
• Project Rating Index
• Being an Entrepreneur
• Managing Risks
 UNIT 4: MARKET AND DEMAND ANALYSIS
• Objectives of Market Analysis
• Marketing Elements
• Situational Analysis and Specification of Objectives
• Collection of Information
• Characterization of the Market
• Demand Forecasting Methods
 UNIT 5: TECHNICAL ANALYSIS
 Manufacturing process/technology
• Technical Arrangements
• Material inputs and Utilities
• Product Mix
• Plant Capacity
• Location
• Site
• Machinery and Equipment
• Structure and Civil Works
• Environmental Aspects
• Project Charts and Layouts
• Schedule of project implementation
• Need for Considering Alternatives
• Key Project Inter-linkages
UNIT 6: PROJECT ORGANIZATION AND MANAGEMENT
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Project Organization Structure

• Project Management
• Organizing and Staffing Projects
• Project Environment
• Selection of Project Manager
• Skill Requirements of Project Manager
• The Organization Staffing Process
• Project Office
• Functional Team
• Project Management Functions
• Motivating Project Staff
• Project Authority
• Project Team Development
• Leadership in Project Environment
• Role of Communication in Project Environment
UNIT 7: FINANCIAL EVALUATION
• Cost of Project
• Means of Financing the Project
• Estimating Project Cash Flows for Revenue Expansion Projects
• Estimating Project Cash Flows for Replacement Projects
• Project Evaluation Techniques
 Network Techniques: PERT (ADM) and CPM (PDM)
 Critical Path Method—Crashing a Project
UNIT 8: ECONOMIC ANALYSIS OF A PROJECT
• Introduction
• Economic Analysis vs. Financial Analysis
• Approaches to Economic Analysis
 UNIDO Approach to Economic Analysis
 Little-Mirrlees Approach to Economic Analysis