A SHORT TERM COURSE ON PROJECT MANAGEMENT
At Vinod Gupta School of Management, IIT Kharagpur, October 18-21, 2009
Course Objective:
This 4-Day specialized course in Project Management will cover methods beyond topics covered in OM for MBAs and M Techs-in the planning and implementation of projects. This is a major knowledge upgrade for project managers and practitioners. Specifically, learning will include:
- Project Life Cycle, CPM and PERT
- How to allocate resources to different activities while planning a project; "crashing" (expedite) certain project activities to speed up a project; you will experience the dynamic effects of crashing by simulating a real life project using CPSIM
- How to identify, quantify and mitigate risks; Monte Carlo in PERT
- Project performance evaluation by EVM; Critical Chain PM
- Developing working competence in the use of MS Project
Course Deliverables:
At the end of the course the attendee would be skilled in expediting projects by prudently crashing certain activities, conducting Risk analysis, Resource allocation, use MS Project and Critical Chains; Six Sigma case application.
Pedagogy:
Group work and simulation exercises; hands-on work with MS Project to build realistic project plans and optimize them; classroom discussions and case analyses will be used to reinforce concepts taught.
Text (will be provided to each attendee):
- Project Management: A Managerial Approach, Jack Meredith and Samuel Mantel Jr, 5th ed., Wiley.
- Complete set of all lectures handouts in pdf
Course Fee:
Rupees 12,000.00 per participant payable by draft to CEP-STC, IIT Kharagpur; Fee covers four days' room and board on campus, all course materials, and a textbook.
Session Plan
| Day |
Theme |
Topics/Cases/Articles |
| 1 |
Overview of Project Management |
- WBS (Work Breakdown Structure)
- CPM
- LP formulation
|
| 1 |
Using MS Projects to plan a real project |
Before the class
- Install MS Projects on your laptop/Lab PC
- Go through MS Projects on-line Audio-visual lessons available at
- http://www.vtc.com/products/project2003.htm
|
| 1 |
Resource Allocation |
Review slides pdf on resource allocation |
| 2 |
Resource Leveling by MS Project |
Group work 1 Constrain the resources available. Find resource use profile |
| 2 |
Crashing a project |
- Crashing a project
- Crashing illustration
- Simulation of crashing on laptop
|
| 2 |
Simulation of crashing by CPSIM |
Complete crashing exercise on CPSIM
LP Formulation for optimum crashing |
| 3 |
Managing Project Risks |
- Overview of Risk and its mitigation
- Risk Exposure
- Time overrun risk estimation by Monte Carlo Simulation
|
| 3 |
Using Decision trees in risk analysis |
- Basics of Managing Risk
- Identifying Risk
- Decision Tree Analysis
|
| 4 |
Earned value concept |
- Read Chapter 13, PM by Gray & Larson, 3rd ed.
- Group work 2
|
| 4 |
Critical Chain |
- Identifying the Critical Chain
- Sizing and Managing by Buffers
|
| 4 |
Closing a project |
- Master's Touch in Project Success
- 35 Objectives in PM
|
| 4 |
Review and Case Presentations by Participants |
- Submit Questions in advance
- See instructor for presentation of your case
|
Download Application Form
Draft Mailing Address and inquiries:
Professor Tapan P Bagchi
VGSOM, IIT Kharagpur 721 302 WB;
bagchi@vgsom.iitkgp.ernet.in |