Short Term Course on Project Management

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):
  1. Project Management: A Managerial Approach, Jack Meredith and Samuel Mantel Jr, 5th ed., Wiley.
  2. 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


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