Project Management and Appraisal

Project Management and Appraisal is a comprehensive textbook specially designed to meet the requirements of post graduate management students specializing in Finance and/or in Operations. It aims to familiarize the readers with the core concepts of project management including its planning, execution, control and appraisal. Written with a managerial perspective, the book is divided into 4 parts. Part I, Introduction to Project Management, gives an overview of project management along with its phases, network diagrams and the microsoft project management software. Part II, Project Appraisal, elucidates about the various appraisal methods in project scanning and selection including technical, social and financial appraisal. Following this, the book discusses the fundamentals of capital budgeting decisions, risk analysis models, financial forecasting, strategies used for managing the risk and real options. The book also includes a chapter regarding project appraisal in international context. Chapters in Part III, Project Planning, Execution and Control, enumerate about the project life cycle planning, inputs required for project planning and the reasons for cost and time over-run. This part, also, explores the execution, including budgeting and scheduling, and the importance of control and audit of a project. Management of e-projects and the future of project management are covered in Part IV, Project Management-The Future. The book also includes appendices on regulatory framework in project appraisal, tables on the several discounted & compounded factor for various rate & time periods and the detailed project report. Owing to its comprehensive coverage and approach, students will find this book valuable. It will also serve as a veritable guide for the professionals because of the various case study discussions.

Sitangshu Khatua, presently Associate Professor (Finance) and Head (Academics and MDP) at Jyotirmoy School of Business, Kolkata has a total experience of 14 years working both in the industry as well as in academics. He is also a visiting faculty at IIFT & Strategy Academy, Kolkata and a fellow participant at XLRI in his final thesis stage. He has been conducting corporate training and MDPs for the executives of NTPC, IFB, IOC, RITES, Ultratech and many more since 2000. He was also a part of the project on SME financing in India under National Productivity Council and Recruitment activity under Jharkhand Educational Council. He has presented many papers in National and International conferences and published articles in peer review journals.