Project Management

Session 1

Amod Niroula
Faculty - Ace Institute of Management

Course Aims

This course introduces students to project management and equips them

with skills, both human and technical, that will enable them to lead and work
on a variety of projects.
This is an important course to you because businesses achieve their strategic
goals by running projects.

Faculty

Amod Niroula
Electronics and Communications Engineer and MBA (Finance)

worked with ZTE running CDMA BSS projects for 2 years

3 years as an MD with Home Loan Experts
Managing Partner of a startup which helps businesses with Digital systems and marketing
Teaching Assistant with various courses at Ace

This is my 4th teaching assignment at Ace

Course Time Table and content

12 classes - condensed to 11

Lectures

Tuesday - Section A
Wednesday - Section B
Attendance check
Recap on the lecture
Discussions on groups
Feedback
Slides and notes will be provided to you at the end of the lectures.

Group Presentations and classwork

Individual Assignments
MS Project 2013

Course Learning Outcomes

On successful completion of this course you should be able to:

Define aim and objectives of a project, and examine the project management
environment within an organization
Identify the effects of projects on individuals and stakeholders and be able to
develop an effective project team within an organization
Select and evaluate project management tools, techniques and methodology
that need to be applied for the effective and successful implementation of a
project
Discuss the need for good project management strategies and operational
principles

Course Learning Outcomes

Project Management is also a life skill.

It helps you prioritize, and arrange your professional career and personal life.
It enables you to organize and prioritise
It establishes the correct way to act as a person/ manager / engineer.

Performance Matrix

Attendance/Quizzes = Factor

Simulation Case

= 10%

Assignment I + II

= 7.5% +7.5% = 15%

Group Presentation

= 10%

Mid Term Exam

= 25%

End Term Exam

= 40%

Note:
For group works, the total group score will be multiplied with the individual factor score to arrive at the
final individual score.For instance, if A and B, belonging to the same group, get 90% and 75% factor score
respectively, and if their group gets 30/40, As final score will be 27 while Bs will be 22.5.

Text Book

Project Management Institute. 2008. A Guide to the Project Management Body of Knowledge
(PMBOK Guide). 4th Edition, Project Management Institute, Pennsylvania, USA

References:

Choudhary, S. 1988. Project Management. Tata McGraw-Hill, India.

Eric Verzuh, 2008. The Fast Forward MBA in Project Management. John Wiley and Sons, Inc., New
Jersey, USA.
Kerzner, Harold, PhD. 2001. Project Management: A Systems Approach to Planning, Scheduling, and
Controlling. John Wiley and Sons, Inc., USA.
Meredith, Jack. R. & Mantel, Samuel J. 2005. Project Management: A Managerial Approach. John
Wiley and Sons, Inc., USA.
Gido & Clements, 2008. Project Management. Cengage Learning India Private Limited, India.
International Project Management Association, 2006. ICB IMPA Competence Baseline Ver 3.0. IMPA
Agrawal, Govind Ram, 2009. Project Management in Nepal. M K Publishers, Nepal

House Rules

Lecture starts at 6:10 pm. No breaks in between. Each lectures will end by 8:
30 pm.
The course will follow the Project Management Institutes Body of Knowledge
(PMBOK) 4th Edition.
It is expected that students go through the last lecture before attending the
class.
Surprise quizzes will test the application of the theory as discussed or
referred in text

House Rules

In Group Seminar Presentation, all members of the group need to be present

on the given topic
Presentation should be 20 minutes (min) - 30 minutes (max)
Presenters need to clearly illustrate the theory through real life examples for
the assigned chapters

House Rules

Individual assignment needs to be both printed and mailed before or on the

said date - late submissions will not be accepted
Individual assignment should be between 1500 - 2500 words
Plagiarism will not only result in zero score for the assignment but will also
prohibit the individual student from getting an A from the course
All necessary handouts will be provided by the instructor
Additional references can be acquired through internet - ideally refer to any
project management portal such as www.pmi.org

Group Formation - Section A

Group 1
Aarati
Shrestha

Group 2

Rabin Panthi
Sabina
Prajapati

Prabhat Joshi
Sanjeev
Manandhar

Sukrity Thapa

Upasana Rai

Asha Bhandari
Kedar Prasad
Binu Panthi
Rijal
Lil Bahadur K.
Kiran Subedi
C.

Group 3
Angela
Shrestha

Group 4

Group 5
Akash Bikram
Bikash Rijal
Thapa
Iresh Baidya Khop Narayan
Binod Shrestha
Shrestha
Malla
Omika
Nabina
Manjay Aryal
Shrestha
Shrestha
Rajesh
Rajani Thapa Pujan Sharma
Shrestha
Rashmi
Shrestha
Sristi Bhattarai Shejal K.C.
Sulochana
Sushil Yadav
Kandel

Group Formation - Section B

Group 1
Aasutosh
Gautam

Group 2
Abhishek
Bastola

Group 3
Abhishek
Neupane
Ashish
Agrawal

Diwash Kasaju Anuj Pandey

Manika
Md. Aftab Alam
Maharjan
Manish Khanal
Nischal
Sachet
Ranjita Chalise
Poudyal
Shrestha
Shraddha
Shristy
Bhattarai
Sukriti Poudel
Manandhar
Yogendra
Neupane

Group 4

Group 5

Anuj Dangol

Anita Basnet
Jashmine
Shrestha

Jubi Singh
Mandira
Adhikari
Laxima Karki
Rukmani
Sailendra
Sharma
Adhikari
Swarna Lata
Shah
Sneha Sharma

Course Schedule
Session

Content

Remarks

Introduction, House Rule, Performance Metrics

What is a Project; What is Project Management;
Relation to Other Management Disciplines; Project
Management and Operations Management; Role of
a Project Manager; Project Management Body of
Knowledge; Enterprise Environmental Factors

Video Case

Project Life Cycle & Organization:

Overview, Projects Vs. Operational Work;
Stakeholders; Organizational influences of PM;
Project Charter

Stakeholder Management:
Managing Expectation

Project Scope Management:

Understanding WBS & its application

Nepali Projects
Review
Assignment I
Live Project Case

Course Schedule
5

Project Scope Management:

WBS Session Linked with Group Work

Project Time Management:

Network Diagram; Critical Path; Forward Pass & Backward
Pass; Resource Scheduling and resource leveling; PERT

Practical Session

Project Cost Management:

Estimate Costs; Determine Costs; Determine Budgets;
Control Costs; Monitoring & Controlling; Earned Value
Method

Practical Session

Project Risk Management:

Plan Risk Management; Identify Risks; Perform Qualitative
Risk Analysis; Perform Quantitative Risk Analysis; Plan
Risk Responses; Monitor and Control Risks

Change Management & Project Procurement/ Group Work

Review

10

Group Presentation

11

Simulation Case

Assignment II

Learning is active

Your schedule is for 3 hours attendance each week

You should be doing atleast 4-5 hours of self study each week
You need to read, question and discuss with your leader or in groups
Use the Internet!!

Project Management Standards

British Standard 6079 - has 4 parts.

Association of Project Management

www.apm.org

Project Management Institute

www.pmi.org
had over 600,000 members as of 2011
as of today has over 2.9 million members
We will base this course on the standards by PMI

What is a project?

What is it?
Your understanding..?
History of Project Management

Project : Definition

A piece of planned work or an activity which is completed over a period of

time and intended to achieve a particular aim. - Dictionary Definition
PMI defines project as a temporary endeavour undertaken to create a
unique product or service
Kerzner (1995) views project as a powerful means to implement organization
s capability to enhance quality as well as to enrich value of what is delivered
to customers
Turner and Muller (2003) define it as .. a temporary organization to which
resources are assigned to undertake a unique, novel and transient endeavour
managing the inherent uncertainty to deliver beneficial objectives of change.

Understanding Project

The end outcome of a project can be a product, improved capability or even a

result such as an Organizational change
Example of project can be endless such as:

New Product Development

New Product / Service Launch
Constructing a building
Implementing new ideas, business process etc.

Characteristics of Project

Temporary in nature
Unique
Requires progressive elaboration

Projects initiated through

Market Demand
Business Need
Customer Request
Technological advance
Legal Requirement
A crisis
A social need

What is Project Management?

Project management is the application of knowledge, skills, tools, and

techniques to project activities to meet the project requirements
PMIs PMBOK defines 5 process groups for project management process:

Initiating
Planning
Executing
Monitoring and Controlling
Closing

Project, Program, Portfolio

Portfolio is a collection of projects or programs and other work that are

grouped to meet strategic business objectives
Program is a group of related projects managed to obtain benefits not
available from managing them individually

Program and Portfolio

Communication System
Improvement Project

Communication System
Improvement Project

Implementation of ERP

Launch of
Corporate
Newsletter

Development of
Intranet System

Organizational
Restructuring

Upgrading of IT
setup

Production and Storage

Capacity Expansion

Operations Management

Operations are functional activities that produce the same product or provide
repetitive service
Operations are permanent endeavors with resources attached to do basically
the same set of tasks

Enterprise Environmental Factors

Refers to both internal and external factors that affect the project
Can be both negative and positive influence
Considered as input for the planning process and includes factors such as:

Organizational culture
Organizational Structure
Stakeholder risk tolerance
Political climate

Organizational Process Assets

Standard guidelines
Project evaluation templates
Work breakdown structures
Risk Templates

Organizational process assets improve the management of the project

And you manage the project within the constraint and guidelines established
by the enterprise environmental factors

Thank You

This is the end of the first session

Next session:

Project Life Cycle and Organization

Overview
Projects Vs. Operational Work
Stakeholders and Stakeholders management
Organizational influences of PM
Project Charter