Project Management

Start Date: Nov 27, 2023 End Date: Dec 2, 2023
Last Date for Application: November 17, 2023 Last Date for Early Bird: November 6, 2023
Programme Fee: 150000 INR

Plus, GST

Early Bird Fee: 139500 INR

Plus, GST

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Project Management is the science and art of managing the business of an organization and the growth of a nation by translating strategy into successful action. While quite a few Indian projects have achieved outstanding performance and even set international records, Project Management in India still has tremendous scope for improvement. A study by the Ministry of Statistics and Programme Implementation estimates the cost and time overrun in projects at INR 429186 crores (USD 57 billion]. One of the reasons that India lags behind China in economic development is the absence of professional project management culture and also Certified Project Managers.

Realising the need for a relevant programme in Project Management, IIMA started offering Executive Education in Project Management in 1985 and has trained over 2400 executives in this area. The focus of the programme has been on the Implementation Phase - the key area for the success of projects. Besides retaining the focus on the implementation phase of projects, the current programme also includes sessions on Project Risk Management and diamond framework of project management.

  • To develop an understanding of the tools and techniques for effective management of resources and cost in projects.
  • To expose participants to the behavioural aspects of project management.
  • To provide an insight into the network-based project monitoring system.
  • To discuss various aspects related to contract management, project costing, budgeting and other related topics.
  • To acquaint participants with project uncertainty and risk management.
  • Overview of project management, different stages of a project and slippages in projects.
  • Network Techniques: Activity, events, drawing of networks, critical path, float, methods to find critical path.
  • PERT: Uncertainty, estimation of activity time, network simulation, project completion probability.
  • Project Resource Planning: Resource aggregation, resource profile, resource smoothing.
  • Behavioural Aspects in Project Management: Project organisation structure, management of project personnel motivation, project manager's role, etc.
  • Project Monitoring: Hierarchy of networks, reporting formats, reporting frequency, Earned Value Method and Earned Schedule Method.
  • Contract Management and Legal Aspects: Specification of contracts, criteria for awarding contracts, follow-up and coordination.
  • Project Risk Management: Composite impact factor, composite likelihood factor, expected value method.
  • Variation, foreseen and unforeseen uncertainties.
  • Discussion on some excellent project management cases in India.

The pedagogical methods and materials will include lectures, discussions, case studies, exercises, and presentations by participants.

This programme is aimed at middle and senior executives who are planning to be involved in risk management in large national and international projects. The principles of project management will be applicable equally to conventional construction and infrastructure management sectors, service sectors (hotels, airlines, railways, telecom, internet service providers, power plants, call centres, BPOs, IT/ITES projects, defence services projects as well as projects in manufacturing sectors (process industries such as steel, aluminium, polymer, zinc, petrochemicals, cement, pharmaceuticals, etc.), persons involved in planning and monitoring of projects and those in government, financial institutions and other agencies coordinating the implementation of various projects. 

Participants will be able to get 30 PDUs for Project Management Institute Certification/Upgradation Process.

Faculty Chair

Chetan Soman

Programme Faculty