Overview

In today’s world of business, scale and the ability to successfully manage business projects are critical skills for the sustained profitability and existence of organizations. Moreover, most members of organizations are involved in project-related activities in some way or the other. With the greater dynamism and complexity of business & macro-environment, project management skills and knowledge have become a requisite across different levels of the organizational structure. Unlike most other programs that take a narrow view of project management, this program covers issues relating to the operational, financial, stakeholder, and legal aspects of project management to develop a holistic approach for the evaluation and management of Business & IT Projects. Unlike most programs on Project Management that have a narrow focus, this program aims to provide a holistic view of Project Management that would not only cover modern tools & techniques, but also topics such as project governance, change management, financial aspects, project audit, and project performance assessment as well. The program also maintains a healthy blend of inputs from highly reputed faculty of XLRI and industry experts.

Syllabus

Module 1: Basic Concepts & Applications of Project Management (9 hours)

  • What the Program is all about
  • Unique Challenges in the Project Management Environment
  • Tools and Steps in Project Planning
  • Introduction to Frameworks for Project Management (Agile, PMBOK etc)
  • CPM & PERT
  • Critical Chain Project Management

Module 2: Project Modelling and Management with Applications in MS-Project (20 hours)

  • Project Management Simulation Exercise – Scope, Resources, & Scheduling
  • An Introduction to MS-Project
  • Interpreting the output of an MS-Project Report
  • Applications to Technical Scheduling and Resource Scheduling
  • Resource Levelling
  • Tracking and Monitoring Project Progress

Module 3: Financial & Risk Aspects of Projects (9 hours)

  • Application of Financial Techniques for Analysis of Projects (NPV, IRR, Payback, Discounted Payback)
  • Earned Value Management, the PMI Standard, and the ANSI/EIA-748-B Standard for EVM Systems
  • Project Budgeting & Cost Control
  • Project Cost Estimation & Cost Reduction Strategies for Ongoing Projects

Module 4: Workshop on Risk Assessment & Management in Projects (6 hours)

  • Financial Risk Assessment
  • Designing a Project Risk Management Plan (Risk Identification, Risk Prioritization, Risk Response, Risk Management Strategies)

Module 5: People Management in Projects (9 hours)

  • Stakeholder Analysis & Management
  • Manpower Planning & Staffing in Projects
  • Managing Teams in Projects
  • Performance Assessment & Evaluation of Project Teams

Module 6: Project Governance & Monitoring (10 hours)

  • Application of the ADKAR framework for Change Management
  • PMO Charters & Project Management Policies
  • Project Portfolio Management

Module 7: Custom Module A for Non-IT Professionals (15 hours)

  • Business Law Concepts for the Indian Project Management Scenario (Selected Concepts from Contract Law & Sale of Goods Law)
  • Industrial Relations & Labor Laws for Project Teams
  • Project Financing & Funding Alternatives
  • Project Recovery
  • Contract & Vendor Management
  • Procurement Strategies for Projects
  • Introduction to tools for linear projects like Metros etc. (TILOS)
  • Basics of Forensic Schedule Analysis. Introduction to methods of Delay Analysis (Impacted as Planned, TIA etc)

Module 8: Custom Module B for IT Professionals (15 hours)

  • Software Development Lifecycle & Software Project Management
  • Deliverables Management in Software Projects – Software Maturity & Release Management, Technical Environment Management
  • Software Project Management Methodologies – Agile, Managing ERP Projects, Offshore Delivery Project Management
  • Project Planning, Resource Management, and Cost Estimation for IT Projects
  • Quality Control, Software Vendor Management, and Contract Management for IT Projects
  • Governance, Risk Management, and Change Management for IT Projects
Eligibility

Education

– For Indian Participants – Graduates (10+2+3) or Diploma Holders (only 10+2+3) from a recognized university (UGC/AICTE/DEC/AIU/State Government) in any discipline

– For International Participants – Graduation or equivalent degree from any recognized University or Institution in their respective country

– Proficiency in English, spoken & written is mandatory.

Pre-requisites

– Participants of this program are required to have access to devices (laptop/desktop) with operating systems of Windows 7 or higher (home/student/professional edition of Windows) as you will be required to install MS Project as a part of this program

Work Experience

– Minimum of 8 years of work experience, of which at least 3 years must have been in a project management role OR at least 5 years in a project execution role

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Course Info

Fees: – 1,00,000/-
Duration: 7 Months
Study Mode: Online
Approved By: AICTE

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