UNIQUE SERIES AKTU Syllabus
BMBOM05

Project and Sourcing Management

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

MBA General · Sem 4 (Specialization: Operation Management (OM))

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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 Objectives7 points
  • 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.
Course Outcomes (COs)6 outcomes

After completion of the course student will be able to:

  1. CO1Define and explain fundamental concepts related to sourcing management, purchasing cycles, vendor management, and project management frameworks. K1: Remembering, K2: Understanding
  2. CO2Apply vendor rating methods, supplier selection criteria, and pricing strategies in real-world sourcing scenarios. K3: Applying
  3. CO3Analyze supplier efficiency, negotiation processes, and risks associated with sourcing and purchasing operations. K4: Analyzing
  4. CO4Evaluate project budgeting methods, cost estimation techniques, financing options, and project resource allocation strategies. K5: Evaluating
  5. CO5Design and develop project schedules, using Work Breakdown Structure (WBS), network analysis, PERT, CPM, and Earned Value Analysis for tracking and controlling projects. K6: Creating
  6. CO6Critically assess project termination processes, project performance metrics, and the role of negotiation and supplier management in overall project success. K5: Evaluating INERNATIONAL MANAGEMENT (IB) GROUP

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

Official AKTU syllabus

This subject is on page 74, 75, 76 of the original AKTU PDF.

Official AKTU syllabus PDF ↗