Project Management

Course Description 

Cooperatives need to be established by adopting modern Project Planning techniques to avoid liquidation. Hence in the course, students will be thought about definitions and concepts of planning, implementation, and also evaluation. It also includes the rationale of planning, aspects of project analysis. Project cycle is also one of the content. They are (students) thought about the market analysis. In the management part contents such as implementation, monitoring and evaluation will be covered. Further, the students will get trained in preparation of viable projects.

Course Objectives and outcome

 The major objective of offering the course is to introduce students with guiding principles and techniques in project planning, project preparation, project evaluation, and project management in any field of study. This course also enables students develop better project planning and management skills that add an important value to their profession. In all, the course mainly focuses on the context for, principles of, and techniques for project economic analysis, as well as sustainability aspects and the distribution of project effects. 1. Students will develop a common understanding of the concepts, coverage, and application of economic analysis and management methodologies in evaluating project or investment program, towards improving project quality-at-entry and development effectiveness 2. Students will be able to conduct feasibility studies, financial analysis, and economic analysis for selected projects using discounting methods to estimate the value of projects. 3. To build students’ problem-solving and team-working abilities through group activities and oral and written presentation of ideas and concepts.

 

Schedules of lecture time and assessment, contents and Reading materials

 1st day

Lecture=3hrs, + (Group work  Assignment )

 PART I: PROJECT PLANNING CHAPTER ONE: Basic Terms and Concepts -Overview

1. 1. Definition and Concept of Projects

 1. 2. Characteristics and Classification of Projects

1. 3. Importance and Challenges of Projects

 

 

2nd   day

Lecture=3 hrs, + Assessment

CHAPTER TWO: Project Planning 2. 1. Rationale for planning 2. 2. Aspects of projects preparation and analysis 2. 3. Resource allocation framework 2. 4. Generation and screening of project ideas 2. 5. Tools of planning: Network planning and Logical framework analysis

 

3rd day

Lecture=3 hrs,  Group work   Assignment

CHAPTER THREE: The Project Life Cycle 3. 1. Introduction of Project Life 3. 2. UNIDO’S project cycle (UNIDO Model) 3. 3. BAUM’S project cycle (BAUM’S Model)

 CHAPTER FOUR: Project Identification, Selection and Formulation 4. 1. Major sources of project ideas 4. 2. Who identifies projects? 4. 3. Prioritization, ranking and project Index 4. 4. Positive net present value projects 4. 6. Opportunity study: Pre-feasibility study and Feasibility study

 

4th day

Lecture=3 hrs,  assessment 2hrs,   Group work 

PART II: PROJECT ANALYSIS CHAPTER FIVE: Market Analysis 5. 1. Situational Analysis and Specification of Objectives 5. 2. Market Survey (Collection of Secondary and Primary Data) 5. 3. Demand Forecasting 5. 4. Market Planning

 

 

Assignment

CHAPTER SIX: Technical Analysis 6. 1. Material Inputs, Utilities and Manufacturing Process 6. 2. Product Mix and Plan Capacity 6. 3. Location and Site 6. 4. Structures and Civil Works 6. 5. Environmental Considerations 6. 6. Project Charts and Layouts 6. 7. Schedule of Project Implementation 

 

5th day

Lecture=3 hrs,  Assessment (Assign. Presentation)

CHAPTER SEVEN: Financial Analysis 7. 1. Sources of Finance/ Means of Financing 7. 2. Identifying Costs and Benefits of Project 7. 3. Valuation Methods/Tools and Valuation of Resources 7. 4. Undiscounted Measures of Project Worth 7. 5. Discounted Measure Project Worth 7. 6. Cost-Benefit Analysis (Profitability Projections)

 

 

 

 CHAPTER EIGHT: Economic Analysis 8. 1. Rationale for Economic Analysis 8. 2. The Essential Elements of Economic Analysis 8. 3. The UNIDO Approach to SCBA 8. 4. Determining Economic Values 8. 5. Functions and Determinants of Social Discount Rate 8. 6. Rationale for Social Cost Benefit Analysis (SCBA) 8.7. Institutional and Environmental Analysis

 

 

Lecture=3 hrs,  assessment 2hrs,  (test)

CHAPTER NINE: Handling of Risk and Uncertainty in Project Analysis 9. 1. Sources of Uncertainty in Project Appraisal 9. 2. Handling Quantifiable Risk and Uncertainty in Project Appraisal      9. 3. Probability Distribution and Their Use in Project Analysis 9. 4. The Choice between Risky Projects      9. 5. The Gambler’s Indifference Map      9. 6. Indifference Maps of Risk Avoiders and Risk Lovers 9. 7. Handling Pure Uncertainty in Cost Benefit Analysis 9. 8. Risk Premium and Sensitivity Analysis

 .

 

Lecture 2hr + assessment (Assignment presentation ) Group work 

PART III: PROJECT MANAGEMENT CHAPTER TEN: Project Implementation 10. 1. Concepts of Implementation  10. 2. Establishing Project Implementation Units 10. 3. Develop Measurable Objectives for

Implementation  10. 4. Establishing Project Implementation Schedule 10. 5. Problems in Project Implementation 10. 6. Success in Project Implementation

 

 

Lecture=3 hrs,  assessment 2hrs,  (test)

CHAPTER ELEVEN: Project Monitoring 11. 1. Concepts of Monitoring 11. 2. Functions, Focus and Types of Monitoring 11. 3. Organization for Monitoring 11. 4. Indicators Selection 11. 5. Problems in Project Monitoring