What is Project Management?
In today’s world of business, an organisation looks forward to hiring people having the ability to successfully manage business projects. Since most of the members in an organisation are involved in project-related activities in some or the other way, it is important for an individual to possess project management skills.
Project Management courses help an individual in developing his/her skills in the setting of a goal and its completion in a professional setting. A candidate pursuing Project Management course learns how to organise and administer business projects. Furthermore, students are given tools and techniques that can help them manage the risks, adapt to the changes thereby increasing an organisation’s effectiveness. One of the most important aspects that a student pursuing Project Management course learns is how to juggle multiple projects together. Project Management can be pursued as a full-time, part-time or online course.
A Project Management course prepares an individual on how to strategise and take decisions in the real business world. Some of the popular Project Management courses one can choose to opt for are:
- Post Graduate Diploma (PGD) in Project Management
- Certificate in Project Management
- Master of Business Administration in Project Management
The PGD in Project Management is generally a one-year course where students learn about the concepts and approaches related to Project Management. This programme is generally opted by working professionals willing to advance their career prospects.
A Certificate in Project Management is a short-term course generally of 6 months duration where candidates learn about planning and executive of projects. Also, candidates gain an insight about what how a particular project needs to be completed within the deadline and as per the client’s standard and cost.
MBA in Project Management is a 2-year programme that emphasises on how one can work more efficiently and increase profits in the world of business.
Required Skillset for Project Management
To pursue a career as a Project Manager one must possess leadership qualities & good communication skills. Along with leadership qualities, one must also know how to negotiate and read body language. Candidates willing to pursue a course in Project Management need to possess the following skill set:
| Skill Set for a Career in Project Management |
|
| Excellent communication skills |
Leadership qualities |
| Team Management skills |
Ability to negotiate |
| Ability to create project schedules |
Cost Management skills |
| Critical thinking ability |
Ability to meet tight deadlines |
| Problem-solving ability |
Tech-savvy |
| Effective decision-making skills |
Creative |
Project Management: Eligibility Criteria
MBA in Project Management
- Candidate must have hold a Bachelor’s degree in Business Administration or an equivalent bachelor’s degree from a recognised University
- Candidate must have secured a minimum of 45% marks in Graduation
Certificate in Project Management
- Candidate must have completed 10+2 (12th examination) or equivalent examination from a recognized board
- Candidate must have obtained a minimum of 50% marks in the examination (This percentage might vary depending upon the college)
- Candidates must hold a minimum work experience of 2 years
PGD in Project Management
- Candidate must have completed 10+ 2 with Commerce
- Candidate must hold a Bachelor’s degree in any branch of Engineering / Technology / Architecture and must hold a work experience of 2 years OR
- Candidate must hold a Diploma in any branch Engineering/Technology / Architecture / Planning and must hold a work experience of 4 years OR
- Candidate must hold a Bachelor’s degree in any non-engineering discipline, and a work experience of 3 years
Course curriculum for Project Management
Candidates willing to pursue the course must have an idea about what they will study once they get enrolled in the course. Following is detailed information on the course curriculum of Project Management:
Project Management: Course Curriculum |
|
Introduction to Project Management |
|
| Defining “project management” |
Exploring opportunities in the project management field |
| Developing project management skills |
Categorising different types of projects |
| Understanding the difference between projects and programmes |
- |
Planning Your Project |
|
| Planning a project |
Identifying and delivering on the client’s priorities |
| Managing stakeholders |
Developing a project management plan |
| Identifying and managing risks |
Assessing the feasibility of a project |
Implementing Your Project |
|
| Entering into a contract |
Managing a project |
| Setting up a project database |
Creating an effective work schedule |
| Monitoring a project |
Conducting effective meetings |
| Managing change |
Addressing problems |
Project Management Techniques |
|
| Identifying organisational structures |
Estimating costs and budgeting |
| Using critical path project management tools |
Establishing the critical path |
| Tracking project milestones |
Using the programme evaluation and review technique |
| Using process improvement tools |
Managing time |
| Controlling quality |
- |
Business and Financial Issues |
|
| Understanding the importance of a business case |
Developing a business case |
| Identifying project costs |
Calculating return on investment (ROI) |
| Calculating a payback period |
Determining net present value (NPV) |
The Project from Start to Finish |
|
| Identifying the life cycle of a project |
Handing over a project |
| Closing a project |
Reviewing a project |
People in the Project |
|
| Assembling your project team |
Planning resources for your project team |
| Managing your project team |
Managing conflict within your team |
| Communicating effectively |
Providing leadership and fostering teamwork |
Top Entrance Exams for Project Management
Though there are no specific exams for admission to Project Management course, candidates willing to pursue MBA in Project Management can appear for Management entrance tests and choose Project management as their specialisation. Some of the top MBA exams in Project Management are as follows:
Project Management Job Profiles & Top Recruiters
A degree in project management opens up numerous career opportunities. Candidates can look for jobs in various industries and sectors like IT, Advertising, Marketing, Government agencies, Banking, Trading, Design companies. Some of the top job profiles in Project Management are as follows:
- Project Manager: The job responsibility of a Project Manager is to create teams and develop team plans. Furthermore, the execution of these plans to achieve the goals of the company is one of the focus areas of a Project Manager
- Project Designer: A Project Designer collaborates with the Project Manager and assigns resources for the completion of the company’s projects
- Project Analyst: The core responsibilities of a Project Analyst is to gauge the performance of the project and provide project analysis to team carrying out the project. A project analyst needs to have critical decision-making skills
- Project Controller: The project controller and project manager work together to define a project’s goals and objectives. Furthermore, the project controller also manages the project’s budget, analyses the report of work done and provides suggestions to improve the progress of the project
- Business Project Manager: The business project manager works with clients, consults with other business projects
- Construction Project Manager: A Construction Project Manager supervises construction projects. This could include supervising of commercial properties, residential homes or any other building projects
- Information Technology (IT) Project Manager: An IT Project Manager is responsible for working with computer, servers, maintaining computer systems etc.
- Product Manager: A product manager focuses on a specific product of the organisation. The product manager works towards in manufacturing, pricing and promotion of the product.
- Project coordinator: A project coordinator assists the project manager in planning and organizing projects. This is an entry-level position that focuses on performing the lighter tasks.
- Software Project Manager: This profile is more or less like the profile of an IT project manager, the difference being that a Software project manager specifically deals with updation of software and improvement and development of new software.
Some of the top recruiters in the field of Project Management are:
Project Management Top Recruiters |
|
| Tata Consultancy Services (TCS) |
Reliance Industries Limited (RIL) |
| Oil and Natural Gas Corporation (ONGC) |
HDFC Bank |
| ITC Ltd. |
Infosys |
| BG India |
Telford International |
| SGC India Private Limited |
Bechtel India Private Limited |
| IBM BTO Business Consulting Services |
- |
Popular Project Management Colleges in India
Training ERA
Rajarhat, KolkataCentral Institute of Tool Design
Bala Nagar, HyderabadIndian Service Machine
BangaloreQAI India Limited
Nehru Place, DelhiPopular Private Project Management Colleges in India
Frameboxx 2.0 Animation and Visual Effects, FC Road
Fergusson College Road, PuneAIMS Institute of Management Studies
Kondhwa Budruk, PuneTraining ERA
Rajarhat, KolkataCentral Institute of Tool Design
Bala Nagar, HyderabadIndian Service Machine
BangaloreTop Rated Courses
Courses
- Masters in Computer Application (MCA)K J Somaiya Institute of Management
- Post Graduate Diploma in Management (PGDM)Great Lakes Institute of Management, Chennai
- Master of Computer Applications (MCA)CMR Institute of Technology, Bangalore
- M.Tech. in Software EngineeringManipal Institute of Technology
- Bachelor of Computer Applications (BCA)IIMT Group of Colleges, Greater Noida
- MCA (Lateral Entry)Maharishi Markandeshwar University, Mullana
- BBA in Computer ApplicationsHindusthan College of Arts and Science - HICAS Coimbatore
- MCA in Storage and Cloud Technology Integrated with Certification in CompTIA Cloud+Jain Deemed-to-be-University, Bangalore
- M.Sc. in Information Security and Digital ForensicsKarunya Institute of Technology and Sciences
- Bachelor of Computer Applications (BCA)Integral University - IUL
Popular Project Management UG Courses in India
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News & Updates
Comments
In your case few good MBA would be -- MBA ( marketing & sales)- MBA ( Operation)MBA in finance if you like playing with numbers & have good conceptual knowledge. Few good MBA institutions for distance MBA could be Symbosis, NMIMS, IGNOU, Kurushetra, Pondicherry, Anamali. Also you ...In your case few good MBA would be -
- MBA ( marketing & sales)
- MBA ( Operation)
MBA in finance if you like playing with numbers & have good conceptual knowledge. Few good MBA institutions for distance MBA could be Symbosis, NMIMS, IGNOU, Kurushetra, Pondicherry, Anamali. Also you can explore on executive MBA from XLRI, Iims, FMS etc.
P
2021-04-17 12:27:13
Can BMS graduate student are eligible to do six Sigma course.
Kindly visit the link for more details. https://www.shiksha.com/it-software/six-sigma-chp
S
2021-03-20 11:31:51
I want to do some course. I completed my graduation in management. But I'm not interested in MBA. Can you suggest me something new.
You can explore on -- LL.B- specialised PGDM courses like HRM, insurance, marketing. - Master of Buisness law from NLU ( online hybrid programme) ( along with this course you can prepare for banking exams)You can take a break from study for 1-2 year by working and can find your area of interest i...You can explore on -
- LL.B
- specialised PGDM courses like HRM, insurance, marketing. - Master of Buisness law from NLU ( online hybrid programme) ( along with this course you can prepare for banking exams)
You can take a break from study for 1-2 year by working and can find your area of interest in field of management. As management is a vast field and you can take study of BMS study to your advantage in future.
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A
2021-05-15 10:42:07
I have done b tech mechanical. Having experience of sales and project management almost 7+ years. Suggest me MBA in marketing or finance?
Reply to Ankush Arora