On successful completion of the module, students should be able to:
1.Critically evaluate techniques for managing people, mitigating risk, estimating cost and ensuring quality and methodologies for project management
2.Critically review balances between project variables, such as time, cost, quality and scope
Students are required to select a project from one of the following areas given below for implementation in a selected context/ organization.
•Customer Relationship Management
•Supply Chain Management
•Human Resource Management
•Production and Manufacturing
•Inventory Management
•Sales and Marketing
•Financing and accounting
Prepare a project report including the following.
Critically discuss the feasibility of the project to the organization.
Prepare a Statement of Work (SOW) and a Work Breakdown Structure (WBS) for the project.
Draw a Network Diagram and a Gantt Chart for the project. Prepare a responsibility matrix to allocate responsibilities to the team members.
Prepare a budget and a cost distribution plan for the project.
Prepare a quality management plan for the project.
Prepare a risk management plan for the project.
1.Critically evaluate the importance of the project to corporate strategy of the organization.
2.Preparation of SOW and WBS appropriately.
3.Preparation of Network Diagram accurately. Mark EST, EFT, LST, LFT and Slack for each node in the diagram. Use Ms Project Professional 2010 or later version for Gantt chart.
4.Critical preparation of project budget and cost distribution plan. Use of EST for accurate cost planning is a key concern.
5.Critical preparation of a sound quality management plan. Use appropriate of Quality Planning, Quality Assuring and Quality Controlling techniques.
6.Preparation of Risk Management plan. Identification, assess and mitigation plan for identified risks with required detail level.
7. Preparation of a strong communication plan to ensure smooth functioning of the project. And also the coverage of stakeholder in the communication plan.