Executive Education

Project Management

Programme Overview

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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.


For more information or any questions, contact Sanjana Sukumar: sanjana-exed@iima.ac.in, +91 70690 07351

Participants’ Profile

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 35 PDUs for Project Management Institute Certification/Upgradation Process.

Program Objectives

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.

Program Highlights

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.