BMBAOM05

Project & Sourcing Management

L-T-P3-0-0 Session2025-26 TypeTheory
Appears in 1 semester

MBA Business Analytics · Sem 4 (Specialization: Operations (OM))

Syllabus

5 units · 40 lecture hours
Unit1

Unit 1

8 hrs

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

Unit2

Unit 2

8 hrs

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

Unit3

Unit 3

8 hrs

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

Unit4

Unit 4

8 hrs

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

Unit5

Unit 5

8 hrs

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

Course Objectives5 points
  • Understand the basics of purchasing principles and sourcing strategies.
  • Learn the vendor selection and evaluation process.
  • Identify key processes and requirements of project management.
  • Acquire skills to initiate, execute, and close a project effectively.
  • Develop the ability to plan for project time, cost, risks, communication, and change control.
Course Outcomes (COs)5 outcomes

After completion of the course student will be able to:

  1. CO1Conceptual knowledge about procurement and sourcing managementK1, K2
  2. CO2Understanding of the processes of sourcing managementK1, K2
  3. CO3Competency in vendor selection and ratingK4, K5
  4. CO4Assess the importance of effective sourcingK4, K5
  5. CO5Understanding of laws related to procurement K1, K2, k3

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 CO Codes

Official AKTU syllabus

This subject is on page 52, 53 of the original AKTU PDF.

Official AKTU syllabus PDF ↗