Project Management and Entrepreneurship (HSMC 701)
13 units: ENTREPRENEURSHIP Introduction, Entrepreneurship – An Innovation, Idea Incubation, Entrepreneurial Motivation, Information · L-T-P 2L+1T/week.
Detailed syllabus
Unit 1: ENTREPRENEURSHIP Introduction (2 hours)
ENTREPRENEURSHIP Introduction: Meaning and Concept of Entrepreneurship, Innovation and entrepreneurship, Contributions of entrepreneurs to the society, risk-opportunities perspective and mitigation of risks
Unit 2: Entrepreneurship – An Innovation (2 hours)
Entrepreneurship – An Innovation: Challenges of Innovation, Steps of Innovation Management, Idea Management System, Divergent v/s Convergent Thinking, Qualities of a prospective Entrepreneur
Unit 3: Idea Incubation (4 hours)
Idea Incubation: Factors determining competitive advantage, Market segment, blue ocean strategy, Industry and Competitor Analysis (market structure, market size, growth potential), Demand-supply analysis
Unit 4: Entrepreneurial Motivation (2 hours)
Entrepreneurial Motivation: Design Thinking - Driven Innovation, TRIZ (Theory of Inventive Problem Solving), Achievement motivation theory of entrepreneurship – Theory of McClelland, Harvesting Strategies
Unit 5: Information (4 hours)
Information: Government incentives for entrepreneurship, Incubation, acceleration. Funding new ventures – bootstrapping, crowd sourcing, angel investors, Government of India’s efforts at promoting entrepreneurship and innovation – SISI, KVIC, DGFT, SIDBI, Defense and Railways
Unit 6: Closing the Window (2 hours)
Closing the Window: Sustaining Competitiveness, Maintaining Competitive Advantage, the Changing Role of the Entrepreneur.
Unit 7 (4 hours)
Applications and Project Reports Preparation
Unit 8: PROJECT MANAGEMENT (4 hours)
PROJECT MANAGEMENT: Definitions of Project and Project Management, Issues and Problems in Project Management, Project Life Cycle - Initiation / Conceptualization Phase, Planning Phase, Implementation / Execution Phase, Closure / Termination Phase
Unit 9 (2 hours)
Project Feasibility Studies – Pre-Feasibility and Feasibility Studies, Preparation of Detailed Project Report, Technical Appraisal, Economic/Commercial/Financial Appraisal including Capital Budgeting Process, Social Cost Benefit Analysis
Unit 10 (2 hours)
Project Planning – Importance of Project Planning, Steps of Project Planning, Project Scope, Work Breakdown Structure (WBS) and Organization Breakdown Structure (OBS), Phased Project Planning
Unit 11 (6 hours)
Project Scheduling and Costing – Gantt chart, CPM and PERT Analysis, Identification of the Critical Path and its Significance, Calculation of Floats and Slacks, Crashing, Time Cost Trade-off Analysis, Project Cost Reduction Methods.
Unit 12 (2 hours)
Project Monitoring and Control – Role of Project Manager, MIS in Project Monitoring, Project Audit
Unit 13 (4 hours)
Case Studies with Hands-on Training on MS-Project
Source: official document