Master of Management Studies (M.M.S) Project Management Syllabus - Mumbai University 2026

Course objectives

• 1 To familiarize students with fundamental project management concepts, methodologies, and industry terminologies.
• 2 To illustrate project lifecycle stages, highlighting the processes involved and stakeholder roles.
• 3 To enable application of project management tools including WBS, CPM, EVM, and risk assessment methodologies.
• 4 To develop students' analytical abilities to optimize project constraints like scope, time, cost, and quality.
• 5 To provide exposure to contemporary AI-driven project management tools and performance evaluation metrics for project success.

Course outcomes

• CO1: Define fundamental project management concepts, terminologies, and frameworks
• CO2: Explain the project lifecycle, key processes, and roles of stakeholders in project initiation, planning, execution, monitoring, and closure
• CO3: Demonstrate project management techniques such as Work Breakdown Structure (WBS), Critical Path Method (CPM), Earned Value Management (EVM), and Risk Assessment in real-world scenarios
• CO4: Analyze project constraints (scope, time, cost, quality, risk, and resources) and recommend optimization strategies for successful project execution
• CO5: Evaluate project success using performance metrics and AI-driven project management tools, and develop innovative project management strategies for industry applications
• CO6: Create innovative project management strategies, frameworks, and execution plans for successful project delivery

Unit 1 CO1 · 3 hours

Introduction to Project Management: Definition, Evolution, Project Lifecycle, Stakeholders, PMBOK Overview

Unit 2 CO1, CO2 · 3 hours

Project Initiation & Planning: Project Charter, Scope Definition, Work Breakdown Structure (WBS)

Unit 3 CO3, CO4, CO5 · 3 hours

Project Scheduling & Time Management: Critical Path Method (CPM), PERT, Gantt Charts, Scheduling Tools

Unit 4 CO2, CO3 · 3 hours

Agile Project Management: Agile vs. Traditional PM, Scrum, Kanban, Lean Principles

Unit 5 CO3, CO4, CO5 · 3 hours

Cost Estimation & Budgeting: Earned Value Management (EVM), Budget Forecasting, Cost Control

Unit 6 CO1, CO2 · 3 hours

Risk Management: Risk Identification, Risk Assessment, Mitigation Strategies

Unit 7 CO2, CO3 · 3 hours

Quality Management in Projects: Quality Planning, Six Sigma, TQM, AI in Quality Control

Unit 8 CO1, CO2 · 3 hours

Leadership, Communication & Stakeholder Management: Leadership Styles, Team Management, AI in Communication

Unit 9 CO1, CO2 · 3 hours

Project Monitoring, Controlling & Change Management: Performance Tracking, Change Control, AI for Monitoring

Unit 10 CO4, CO5, CO6 · 3 hours

Case Studies & Project Closure: Real-World Project Execution, Industry Best Practices, Project Closure (Lessons Learned, Final Reports, Post-Implementation Review)

Textbooks

• 1 Highsmith, J. (2009). Agile project management: Creating innovative products (2nd ed.). Addison-Wesley
• 2 Hillson, D. (2016). Risk management in projects (3rd ed.). Routledge.
• 3 Kerzner, H. (2017). Project management: A systems approach to planning, scheduling, and controlling (12th ed.). Wiley
• 4 Larson, E. W., & Gray, C. F. (2020). Project management: The managerial process (8th ed.). McGraw-Hill Education
• 5 Portny, S. E. (2022). Project management for dummies (5th ed.). Wiley.
• 6 Verzuh, E. (2021). The fast forward MBA in project management (6th ed.). Wiley.

Reference Books

• 1 PMBOK Guide (Project Management Body of Knowledge) – PMI
• 2 Nagarajan, K. (2004). Project management. New Age International.
• 3 Chitkara, K. K. (2014). Construction project management (3rd ed.). McGraw Hill Education India Pvt Ltd.