CEP, IIT Delhi Executive Programme in Advanced Project Management

• Project Lifecycle

• Current drivers of Project Management

• Project Governance

• Project Management Processes and their classification

• Project Integration Management

Learning Outcome

Understand the foundational principles, lifecycle, and governance of projects; Familiarise with key project integration processes.

• Strategic Management Process

• Project Portfolio Management

• Financial Models to evaluate project feasibility

• Managing the Portfolio system

• Project Management Structure, Organization Culture

Learning Outcome

Learn to align project management with organisational strategy; Apply portfolio and financial models for project selection.

• Project scope and Priorities

• Work Breakdown Structure (WBS) and integration

• Responsibility Matrices

• Estimating Project Times and Costs

• Methods for estimation

• Critical Path Method

• Crashing in CPM

• Project evaluation review technique

• Monte Carlo Simulation methods in Project Management

Learning Outcome

Develop project scope, WBS, and schedules; Estimate time, cost, and analyse risks using tools like CPM and Monte Carlo simulation.

• Resource Scheduling Problem

• Types of resource constraints

• Classification of projects based on resources

• Resource Allocation Methods

• Benefits of Scheduling resources

• Multiproject resource schedules

• Developing Project Cost baseline

Learning Outcome

Gain proficiency in handling resource constraints and multiproject schedules; Understand resource allocation and cost baselines.

• Theory of constraints

• Critical Chain solution to Project scheduling

• Critical chain activity network

• Critical Chain Project Portfolio Management

Learning Outcome

Apply Theory of Constraints to scheduling; Implement Critical Chain methodology for improved project execution.

• Cost Management basics, Cost Estimation

• Creating a project budget

• Top-down and Bottom: up budgeting

• Activity based costing

• Budget uncertainty and risk management

• Risk management process

• Risk Breakdown Structure

• Contingency Planning

• Opportunity Management

• Change control Management

• Risk Management Tools

• Risk Mitigation Strategies

Learning Outcome

Master cost estimation, budgeting methods, and risk/uncertainty management through structured budgeting and control techniques.

• Basics of financial management

• Options, futures and contracts, Real options, Real options in project management

• Advantages of using real options in project management

Learning Outcome

Apply real options thinking to enhance strategic decision-making and flexibility in project investment evaluation.

• Project leadership

• Managing Project Stakeholders

• Social network building

• Team development models

• Building high performance project teams, Managing virtual project teams

• Project team pitfalls

Learning Outcome

Build and manage effective, high-performance, and virtual teams; Learn stakeholder and leadership engagement strategies.

• Enhancing Virtual Communication through Digital Collaboration Tools

• Virtual Project Team Management Strategies

• Best Practices for Digital Presentations and Reporting in Projects

• Global Issues in Project Management

Learning Outcome

Use digital tools to enhance collaboration in distributed teams; Apply best practices for virtual project management.

• The Planning-Monitoring-Controlling cycle

• Monitoring Project Performance

• Earned Value analysis and Indexes

• Purposes of Project Control

• Control of change and scope creep

Learning Outcome

Learn to monitor and control project performance using tools like EVA; Understand scope change control and feedback cycles.

• Traditional versus Agile methods

• Steps in Agile PM

- Agile PM in action: Scrum, Applying agile PM to large scale projects, Limitations

Learning Outcome

Differentiate traditional and agile methods; Implement agile practices such as Scrum in real-world projects.

• Transactions cost theory and the theory of firms

• Outsourcing project work

• Best practices in outsourcing

• Managing customer relations

• Contract Management –

• Fixed Price contracts

• Cost Plus Contracts

• Contract Management Control System

Learning Outcome

Understand outsourcing strategies and contract types; Manage vendor/customer relations and contract performance.

• Data analytic methods in project management

• Data analytics applied to Project Selection

• Resource Assignment, Resource Scheduling, and Project risk management

• Use Cases of Data driven decision making in project management

Learning Outcome

Leverage analytics for project selection, resource planning, and risk mitigation; Apply data-based decision-making approaches.

• Applications of AI and Machine Learning Techniques in Project Management

• Use Cases for Machine Learning and AI for issues in project Management

• Impact of Digital Tools and Software on Project Efficiency (e.g., Jira, Asana)

Learning Outcome

Explore AI/ML applications and digital tools for improving project efficiency and decision quality.

• Project Audit

• Project Audit life cycle

• Audit report

• Types of project closure

• Wrap-up closure activities

• Post-Implementation evaluation

• Retrospectives

Learning Outcome

Learn to conduct audits, manage project closure, and derive insights through post-implementation reviews.