Cover image for Modern Project Management.
Modern Project Management.
Title:
Modern Project Management.
Author:
Mishra, R.C.
ISBN:
9788122425505
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (236 pages)
Contents:
Cover -- Preface -- Contents -- Chapter 1 Project Management Overview -- 1.1 Introduction -- 1.2 Challenges in Project Management -- 1.3 Role of Liberalization and Globalization -- 1.4 Foreign Investment in Projects -- 1.5 Project Imports and Import Substitution -- 1.6 Forms of International Business -- 1.7 Public Sector Projects -- 1.7.1 The Importance of 3E's -- 1.7.2 Disadvantages of Public Corporations -- 1.8 Project Management vs. Functional Management -- 1.9 Types of Production Systems With Different Degrees of Flexibility -- 1.10 Comparison of Project and Typical Business -- 1.11 Zero Date of a Project -- 1.12 Pre-Project Activities -- 1.13 Project Activities -- 1.13.1 Advance Actions -- 1.14 Performance Indicators -- Chapter 2 Concepts of Project Management -- 2.1 Project Characteristics -- 2.2 Project Objectives and Functions -- 2.3 Project Classification -- 2.4 Project Life Cycle -- 2.4.1 Project Life Cycle Curve -- 2.4.2 Project Visibility -- 2.4.3 Project Cycle for an Engineering Project -- 2.5 Project Management Definition -- 2.6. Elements of Project Management -- 2.7 Techniques for Project Management -- 2.8 Roles and Attributes for Project Manager -- Chapter 3 Project Selection and Initiation -- 3.1 Government Regulations -- 3.2 Project Identification -- 3.2.1 Tapping of Project Ideas -- 3.2.2 Identify Potential Problems -- 3.3 Project Screening and Selection Criteria -- 3.3.1 Preliminary Screening -- 3.3.2 Selection Criteria -- 3.4 Investment Alternatives Evaluation -- 3.4.1 Payback Put off or Recoupment Period -- 3.4.2 Net Present Value -- 3.4.3 Average Rate of Return -- 3.4.4 Internal Rate of Return -- 3.4.5 Benefit to Outflow Ratio -- 3.4.6 Accounting Rate of Return -- 3.4.7 Dept Service Coverage Ratio -- 3.4.8 Social Profitability (SP) -- 3.4.9 Break Even Analysis -- 3.4.10 Profitability Index.

3.5 Establishing the Project Scope -- 3.6 Project Feasibility Report -- 3.6.1 Detailed Project Report (DPR) -- 3.7 Market and Demand Study -- 3.8 Primary and Secondary Information -- 3.8.1 General Sources of Secondary Information -- 3.8.2 Primary Information -- 3.9 Social Cost Benefit Analysis (SCBA) -- 3.9.1 Approaches to SCBA -- 3.10 Project Cost Estimates -- 3.10.1 Accuracy of Costs with Types of Estimates -- 3.10.2 Comparison of Cost Estimation and Costing (Cost Accounting) -- 3.11 Cost-Benefit Analysis (CBA) -- 3.11.1 CBA Might Include the Following -- 3.11.2 Cost-Benefit Analysis Steps -- 3.12 Source of Finance -- 3.13 Financial Structure -- 3.14 Financial Institutions -- 3.14.1 National Financial Institutions -- 3.14.2 Foreign Financial Institutions -- 3.15 Demand Forecasting -- 3.15.1 Time Series Projection Method -- 3.15.2 Casual Method -- 3.15.3 Linear Trend Using Least Square Method -- Chapter 4 Project Planning: A Systems Approach -- 4.1 Project Planning -- 4.2 Concept of Systems -- 4.2.1 System Characteristics -- 4.3 Types of Systems -- 4.4 Information Bound System -- 4.5 Design of Systems -- 4.6 Project Management System -- 4.7 Work Breakdown Structure (WBS) -- 4.7.1 Work Breakdown Structure Development -- 4.7.2 Decompose WBS -- 4.8 Organizational Breakdown Structure (OBS) -- 4.9 Resource Planning -- 4.10 Schedule Development -- 4.10.1 Schedule Inputs -- Chapter 5 Organizing Human Resources -- 5.1 Delegation -- 5.1.1 What to Delegate? -- 5.1.2 When to Delegate? -- 5.1.3 How to Delegate? -- 5.2 Documenting Project Authority -- 5.3 Motivation -- 5.3.1 Moslow's Hierarchy of Needs -- 5.3.2 ERG Theory -- 5.3.3 Theory X and Theory Y -- 5.4 Organization Structures -- 5.4.1 Line and Staff Organization -- 5.4.2 Consultant as Project Manager -- 5.4.3 Project Management as Specialized Staff Function -- 5.4.4 Matrix Organization.

5.4.5 Task Force Organization -- 5.4.6 Totally Projectized Organization -- 5.5 Comparison of Functional, Matrix and Project Organization -- 5.6 Project Manager's Duties: Multidisciplinary in Nature -- 5.7 Methods and Techniques for Developing Project Managers -- Chapter 6 Project Direction, Co-Ordination and Control -- 6.1 Work Schedule -- 6.2 Bar Chart -- 6.3 Management Efforts Schedule -- 6.3.1 Project Direction -- 6.3.2 Project Co-ordination -- 6.3.3 Project Control -- 6.4 Progress Measurement -- 6.4.1 Project Expedition and Follow-up -- 6.5 Project Control Through Line of Balance (LOB) -- 6.6 Committed Activity Targets and Reserved Activity Targets (Cats and Rats) -- Chapter 7 Contracts Management -- 7.1 Introduction -- 7.2 Contracts -- 7.3 Tender -- 7.3.1 Factors Effecting Tender -- 7.4 Tendering Procedure -- 7.4.1 Pre-qualification of Contractor -- 7.4.2 Preparation of Tender Documents -- 7.4.3 Receipt and Evaluation of Tenders -- 7.4.4 Selection of Contractor -- 7.4.5 Seller's Frustrations -- 7.5 Role of Responsibility, Reimbursement and Risk in Contracts -- 7.5.1 Responsibility or Scope of Work -- 7.5.2 Reimbursement -- 7.5.3 Risk -- 7.6 Types of Contracts -- 7.6.1 Turn-key Contract -- 7.6.2 Piece-work Contract -- 7.6.3 Lump-sum Contract -- 7.6.4 The Cost Plus Percentage Contract -- 7.6.5 Labour Contract -- 7.6.6 EPC (Engineering, Procurement and Construction) -- 7.7 Types of Reimbursements vs Types of Contracts -- 7.8 Sub-Contract -- 7.9 Team Building -- 7.10 Earnest Money Deposit (EMD) -- 7.11 Retention -- 7.12 Letter of Intent (LOI) -- 7.13 Ensuring Better Contract Management -- 7.14 Boot Projects -- 7.14.1 The Major Components of BOOT Project Include -- 7.14.2 Projects Suitable for BOOT Contracts -- 7.14.3 Advantages of BOOT Projects -- Chapter 8 Project Management Performance and Close Out -- 8.1 Factors Influencing Project Success.

8.2 Factors Responsible for Project Failure -- 8.3 Performance Indicators -- 8.3.1 Time Overrun -- 8.3.2 Cost Overrun -- 8.3.3 Project Sickness -- 8.3.4 Productivity as Performance Indicator -- 8.3.5 Value as Performance Indicator -- 8.4 Approaches to Performance Analysis -- 8.5 Performance Improvement -- 8.5.1 Do It Yourself Trap -- 8.5.2 The Turn-key Trap -- 8.6 Project Close Out -- 8.6.1 Administrative Closure -- 8.6.2 Financial Closure -- 8.6.3 Financial Audit -- 8.6.4 Celebration of Success -- Chapter 9 Network Techniques -- 9.1 Transition from Gantt Chart to Network Diagram -- 9.2 Problems with the Bar Charts -- 9.3 Scheduling -- 9.3.1 Advantages of Network Scheduling -- 9.4 Network Based Scheduling Techniques -- 9.5 Steps in Using Network Techniques -- 9.6 Some of the Assumptions in Pert or CPM are Given Below -- 9.6.1 Symbols Used in Network -- 9.7 Precedence Relationships -- 9.8 Networking Conventions: AON and AOA -- 9.9 Rules for Network Construction -- 9.10 Fulkerson Rules for Numbering Nodes -- 9.11 Statistical Method of Deriving: Single Time Estimate -- 9.12 Determination of Floats and Slack Times -- 9.12.1 Total Float -- 9.12.2 Free Float -- 9.12.3 Independent Float -- 9.12.4 Event Slacks -- 9.12.5 Time Scale Representation of Floats and Slacks -- 9.13 Critical Path -- 9.13.1 Forward Pass (ES, EF) -- 9.13.2 Backward Pass (LF, LS) -- 9.14 Probability of Completion Time -- 9.15 Crashing of Network (Time Cost Relationship) -- 9.16 CPM Updating a Project -- 9.16.1 Data Required for Updating -- 9.17 Resource Allocation -- 9.18 Resource Smoothing -- 9.19 Illustrative Case Study -- Chapter 10 Material Requirement Planning -- 10.1 Drawbacks of Service Levels and Safety Stock Computations -- 10.2 Type of Inventory -- 10.3 MRP Versus Order-Point Systems -- 10.4 Aggregate Planning -- 10.5 Material Requirement Planning (MRP or MRPI).

10.6 Capacity Requirement Planning (CRP) -- 10.7 Bill of Materials (BOM) -- 10.8 Master Production Schedule (MPS) -- 10.9 Benefits of MRP -- 10.9.1 Limitations of MRP -- 10.10 Closed Loop MRP -- 10.11 Manufacturing Resource Planning (MRP II) -- 10.12 Comparison Between MRP-I and MRP-II -- 10.13 Enterprise Resource Planning -- 10.13.1 Evolution of ERP -- 10.14 Supply Chain Management -- 10.15 Business Process Re-Engineering (BPR) -- 10.15.1 The 7 R's of Re-engineering -- 10.15.2 Principles of Re-engineering -- 10.15.3 The Re-engineering Process -- Chapter 11 Internet and E-Commerce -- 11.1 History of Internet and Web -- 11.2 Internet -- 11.3 Network of Networks -- 11.4 Common Protocols Used in Internet -- 11.5 Common Use of Internet -- 11.5.1 Electronic Mail -- 11.5.2 Usenet -- 11.5.3 Telnet -- 11.5.4 IRC (Internet Really Chat) -- 11.5.5 File Transfer Protocol -- 11.5.6 Archie -- 11.5.7 Gopher -- 11.5.8 Veronica -- 11.5.9 World Wide Web -- 11.6 Internet Address -- 11.7 Intranet -- 11.8 Commercial Benefits of Internet -- 11.8.1 A Very Large Potential Customer Base -- 11.8.2 Augmented Revenue Potential -- 11.8.3 Reduced Costs -- 11.8.4 An Efficient and Swift Time to Market -- 11.8.5 Improved Customer Relations -- 11.8.6 Faster Customer Response -- 11.8.7 Enriching Information and Compelling Shopping Experience -- 11.8.8 Self-service -- 11.8.9 Advertising -- 11.9 Electronic Commerce (E-Commerce) -- 11.10 E-Cash -- 11.11 Electronic Data Interchange (EDI) -- 11.12 Information Technology Act -- Chapter 12 Total Quality Management -- 12.1 Introduction -- 12.2 What is Quality? -- 12.2.1 Definition -- 12.3 Characteristics of Quality -- 12.4 Quality Attributes for Products and Services -- 12.4.1 Five Major Quality Attributes for Services -- 12.5 Cost of Quality -- 12.6 Traditional View of Costs and Zero Defect Costs -- 12.7 Evolution of Quality Management.

12.8 TQM Definitions.
Abstract:
About the Book: The self contained text attempts to provide a broad foundation to the project management aspects to bridge the gap between the students and the professionals. In doing so, it discusses fairly extensively, the basic of project management and treats systematically and comprehensively, the various parameters such as feasibility study and structuring and controlling the most important resources of the project. The role of the project manager in project direction, coordination and control has been elaborated at length. Network concepts used in project management forms an important part of this book. Numerous worked out real life problems illustrate the application of the theories considered. In consonance with the growth of industry and its modernization, and the need to minimize the time required for completion of the project advances in project management have been included. Replete with line diagrams, this elegant volume will serve as an excellent text for the undergraduate in mechanical/production/industrial engineering, and would be of immense value to the professional project managers Contents: Project Management Overview Concepts of Project Management Project Selection and Initiation Project Planning: A System Approach Organizing Human Resources Project Direction, Co-ordination and Control Contracts Management Project Management Performance and Close Out Network Techniques Material Resource Planning Internet and E-Commerce Total Quality Management Information Technology and Future of Project Management.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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