MBA in Project Management

SUBJECT CODE: PM-02SUBJECT: PROJECT CONTROL SYSTEMThis course gives insights into various states of decision making during the course ofthe project execution. The students shall be made aware of risks and limitation involvedduring execution of projectsOBJECTIVES1. To study various approaches to decision making2. To understand the limitations and act within the ambience3. To study and evaluate the project4. To understand the maintenance and control of the projectSTRUCTURE OF THE COURSE CONTENTBLOCK I PROJECT DECISION MAKINGUnit 1: Decision Making ConceptUnit 2: Types of Decision MakingUnit 3: Approaches to Decision MakingUnit 4: Decision SystemsBLOCK II PROJECTS CONSTRAINTSUnit 1: Ranking MethodsUnit 2: Mathematical Approaches.Unit 3: Various Programming ModelsBLOCK III RISK ANALYSESUnit 1: Measurements of RisksUnit 2: Sensitivity AnalysisUnit 3: SimulationsUnit 4: Portfolio Theory ApproachBLOCK IV PROJECT EVALUATIONSUnit 1: Network AnalysisUnit 2: PERT & CPMUnit 3: Project SchedulingBLOCK V PROJECT CONTROLUnit 1: Project Monitoring and Management InformationSystemUnit 2: Role of Computer in Monitoring And ControlUnit 3: Project Management SoftwaresREFERENCE BOOKS:1. Rusiom s. Davar: executive decision making: modern concepts and techniques.2. J.k.. Srivastava, g.v.shenoy and sc. Shanna: quantitative techniques for managerialand decision making.3. Pilcher.roy: appraisal and control of project cost