ACF 371 / SS 372 / CS 5012: PROJECT MANAGEMENT 1 (3)

ACF 371 / SS 372/ CS 5012: PROJECT MANAGEMENT

Course Instructor

Name: Dr. Kamran Ali Chatha

Contact Details: 148-A, SDSB
Tel. 5722670 Ext. 2284
kamranali@lums.edu.pk
Office Hours: By Appointment

Course Description

Course Code: ACF 371 / SS 372 / CS 5012

Total No. of Sessions: 20 (100 minutes each)
Suitability: Undergraduate 3rd year or above
Quarter: Spring-2009
Description:

Managers handle projects in any organizational setting. The scope of these projects may vary
from as small as changing equipment in a process to developing and launching new products
(whether be software, automobiles or commodity products) to managing space missions.
Managing these projects includes some common concepts and approaches that constitute the
inter-disciplinary field of project management. Project management integrates organizational
effort (finance, HR, operations, R&D etc.) in order to deliver and better manage projects of any
scope and scale.
The nature of projects is such that they have three dimensional objective (performance, cost and
time) to be met within budgeted resources. At the same time projects have lifecycle that include
stages such as planning, resourcing, organizing, monitoring & control, assessing risk and project
shut down. This course will expose students to the peculiarities of project management, and
impart to them an appreciation for the complexities involved in managing them.
Student Objectives

After completing this course students will potentially be able to:

• Understand key concepts in project management discipline;
• Understand different stages of project management lifecycle;
• Apply project management concepts on a project of their own choice;
• Learn to sufficient extent a project planning tool namely: Microsoft Project

Grading

Students will be assessed as per following criteria, however, the instructor has the right of re-
assigning 5% of the criteria:

Class Participation : 15%

Quizzes (unannounced) : 20%
Assignments : 10%
Group Project : 20%
Final Exam : 35%

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Recommended Books

Following two books are recommended for this course however, students are strongly encouraged
to consult any other resources such as: books, journals, magazines, sharing personal experiences
to enhance learning.

Text Book:
Gray, C.F. and Larson, E.W., (2006), Project Management – The Managerial Process, 3rd Ed.,
McGraw Hill Higher Education, NY.

Reference Book:
A Guide to the Project Management Body of Knowledge, 3rd Ed., PMBOK® Guide (2004), Project
Management Institute, Global Standard.

Detailed Course Outline

S. Topics Sub-Topics Text to Read

No.
1 Introduction to Project 1. Process, Project GL1,
Management 2. Triple Constraints Reading: Triple
3. Project Lifecycle Constraints
2 Project Initiation 1. Project Charter, Scope, Definition GL4,
2. Work Breakdown Structure Reading: WBS
3 Estimating Project Times & 1. Cost Estimating GL5
Costs 2. Life Cycle Costing
3. Learning Curves
4 Project Planning 1. Network Diagrams GL6,
2. Discussion on Case-1: Taste Snax Case
Cookies
5 1. Introduction to Microsoft Project Multiple Cases
2. Case-2: Jamal Family Picnic Lab Session
3. Case-3: Enhancing Science
Orientation…
4. Case-4 (HMS Pinafore)
6 Case-5: A&D Hi Tech (A) Lab Session
7 Managing Risk 1. Risk Identification GL7
2. Risk Assessment
3. Response Development
4. Response Control
8 Case-6: Boeing 767 Case
9 Resource Scheduling & 1. Resource Constraints GL8
Budgeting 2. Resource Allocation Methods
3. Splitting / Multitasking
10 Reducing Project Duration 1. Crashing GL9
2. Case-7: Kameron Mills Case
11 Project Control 1. Project Control Cycle GL13
2. Earned Value Approach
3. Variance Analysis
12 Case-8: A&D Hi Tech (B) Lab Session

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13 Conflict Management Case-9: In the Shadow of the City Case

14 Project Closeout & Review 1. Managing the Close-Out Process GL14
2. Project Audit Process
3. Evaluations
15 Organization Strategy and Aligning Projects with Strategic Planning GL2
Project Selection
16 Project Organization, Functional vs project vs matrix GL3
Structure and Culture organization
17 Leadership & Project Leadership GL10
18 Teams Project Team GL11
19 Student Projects’ Presentations
20 Review

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