AKTU Project and Sourcing Management (BMBOM05) Syllabus PDF – MBA 4th Semester

Course Objectives: The objective of this course is to:

• Understand the fundamental concepts, processes, and strategies involved in sourcing management and project management.
• Analyze supplier evaluation methods, vendor rating techniques, and supplier development strategies in sourcing decisions.
• Examine price determination mechanisms and negotiation strategies in sourcing and procurement.
• Understand project characteristics, project life cycle stages, budgeting processes, and various cost structures in projects.
• Apply project scheduling techniques, for effective project planning, monitoring, and control.
• Evaluate real-world sourcing and project management practices to recommend strategic improvements and innovations.

Unit 1 (8 Hours)

Sourcing Management: Introduction to Sourcing, Sourcing v/s Procurement, Purchasing:

Purchasing Cycle, 8 R’s of Purchasing, Role of a Purchasing Manager, Risks associated with purchasing process and its mitigation, Concept and applications of Make or Buy Decision:. Case Studies

Unit 2 (8 Hours)

Evaluating Suppliers' Efficiency: Vendor Rating, Selection and Development: Need for Measuring Supplier Performance, Categorization of Suppliers, Suppliers Evaluation Methods/ Vendor Rating Methods, Supplier Selection Process, Vendor Rating process, Factors Affecting the Selection of Optimal Suppliers or Vendor Rating, Advantages of Vendor/Supplier Rating, Identify and evaluating the international suppliers. Case Studies

Unit 3 (8 Hours)

Price Determination and Negotiation: Objectives of Pricing, Factors Influencing Pricing, Types of Pricing Strategies, Negotiation in sourcing: Meaning of Negotiation, Examples of Negotiation, Types of Negotiations, The Process of Negotiation, Skills for Successful Negotiating, and Obstacles to Negotiation. Case Studies

Unit 4(8Hours)

Introduction of Project: Characteristics of Project, Types of Projects, Project Life Cycle, Concepts of Deliverables, The Project Management Process, Roles of Project Team & Project Leader, Fundamental components of Project Cost, Types of Costs: Direct, Indirect, Recurring, Non-Recurring, Fixed, Variable, Project Financing and Budgeting: Sources of Finance, Top down Budgeting, Bottom up Budgeting, Activity Based Costing

Unit 5 (8 Hours)

Project Scheduling, Network Analysis & Control : Steps in Project Scheduling and Network design, Gantt Chart, Work Breakdown Structure (WBS) , Identifying and application of the Nodes and Activities, Activity on Arrow (AoA) and Activities on Node (AoN) methods, Application of PERT and CPM, Planning- Monitoring and Control Cycle, Tracking through Gantt chart. Earned Value Analysis (EVA): Planned Value (PV), Earned Value (EV), Cost Variance (CV), Schedule Variance (SV), Cost performance Index (CPI), Schedule performance Index (SPI). Project Termination: Types of Terminations, Project Termination Process. Case Studies

Suggested Readings

1. Dobler, D. W., jr, L. L., & Burt, D. N., Purchasing and Materials Management. New Delhi: Tata McGraw-Hill Publishing Company Limited
2. Gopalakrishnan P., Purchasing and Materials Management, Tata McGraw-Hill Publishing Company Ltd, New Delhi.
3. David N. Burt, Sheila Petcavage, Richard Pinkerton: Proactive Purchasing in the Supply Chain: The Key to World-Class Procurement, McGraw Hill

Course Outcomes

INERNATIONAL MANAGEMENT (IB) GROUP