Project Management and Entrepreneurship · HSMC701
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Priority List · Question Bank · Analysis · Reading Time · Progress
Official MAKAUT Syllabus at a Glance
| Unit | Syllabus |
|---|---|
| 1 | Introduction: Meaning and Concept of Entrepreneurship, Innovation and entrepreneurship, Contributions of entrepreneurs to the society, risk-opportunities perspective and mitigation of risks |
| 2 | Entrepreneurship – An Innovation: Challenges of Innovation, Steps of Innovation Management, Idea Management System, Divergent v/s Convergent Thinking, Qualities of a prospective Entrepreneur |
| 3 | Idea Incubation: Factors determining competitive advantage, Market segment, blue ocean strategy, Industry and Competitor Analysis (market structure, market size, growth potential), Demand-supply analysis |
| 4 | Entrepreneurial Motivation: Design Thinking - Driven Innovation, TRIZ (Theory of Inventive Problem Solving), Achievement motivation theory of entrepreneurship – Theory of McClelland, Harvesting Strategies |
| 5 | Information: Government incentives for entrepreneurship, Incubation, acceleration. Funding new ventures – bootstrapping, crowd sourcing, angel investors, Government of India’s efforts at promoting entrepreneurship and innovation – SISI, KVIC, DGFT, SIDBI, Defense and Railways |
| 6 | Closing the Window: Sustaining Competitiveness, Maintaining Competitive Advantage, the Changing Role of the Entrepreneur. |
| 7 | Applications and Project Reports Preparation |
| 8 | PROJECT MANAGEMENT : Definitions of Project and Project Management, Issues and Problems in Project Management, Project Life Cycle - Initiation / Conceptualization Phase, Planning Phase, Implementation / Execution Phase, Closure / Termination Phase |
| 9 | Project Feasibility Studies – Pre-Feasibility and Feasibility Studies, Preparation of Detailed Project Report, Technical Appraisal, Economic/Commercial/Financial Appraisal including Capital Budgeting Process, Social Cost Benefit Analysis |
| 10 | Project Planning – Importance of Project Planning, Steps of Project Planning, Project Scope, Work Breakdown Structure (WBS) and Organization Breakdown Structure (OBS), Phased Project Planning |
| 11 | Project Scheduling and Costing – Gantt chart, CPM and PERT Analysis, Identification of the Critical Path and its Significance, Calculation of Floats and Slacks, Crashing, Time Cost Trade-off Analysis, Project Cost Reduction Methods. |
| 12 | Project Monitoring and Control – Role of Project Manager, MIS in Project Monitoring, Project Audit |
| 13 | Case Studies with Hands-on Training on MS-Project |
Reading Guide
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★★★ Must-do · ★★ Important · ★ Asked · ☆ Not asked yet
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recent papers = this subject's current MAKAUT papers (they set the stars) · other papers = older-scheme and other-branch MAKAUT papers
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PYQ added from past papers (not named in the syllabus)
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Topics are in study order: each one builds on the ones before it. A topic without a link is not written yet.
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Short on time? → Priority List
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How long each topic takes → Reading Time
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Finished a topic? Tick Mark as done at its end · what's left → Progress
Topic Map
Unit 1 · Introduction
- 1.1Entrepreneur & Entrepreneurship: Meaning and Concept★★★
- 1.2Types of Entrepreneurs (incl. Women, Rural and Social)★ PYQ
- 1.3The Entrepreneurial Process★ PYQ
- 1.4Innovation and Entrepreneurship☆
- 1.5Contributions of Entrepreneurs to Society & Economic Development★
- 1.6Entrepreneurial Risk: Risk–Opportunity Perspective, Types & Mitigation★★
Unit 2 · Entrepreneurship - An Innovation
- 2.1Innovation: Meaning, Types & Challenges☆
- 2.2Innovation Management: Concept, Importance & Steps★★★
- 2.3Idea Management System★
- 2.4Divergent vs Convergent Thinking★★★
- 2.5Qualities / Characteristics of a Successful Entrepreneur★★★
Unit 3 · Idea Incubation
- 3.1Idea Incubation: From Idea to Opportunity☆
- 3.2Competitive Advantage: Meaning & Determining Factors☆
- 3.3Market Segmentation★★
- 3.4Blue Ocean Strategy★★
- 3.5Industry & Competitor Analysis☆
- 3.6Demand–Supply Analysis★
Unit 4 · Entrepreneurial Motivation
- 4.1Entrepreneurial Motivation: Meaning & Factors★★
- 4.2McClelland's Achievement Motivation Theory★★★
- 4.3Design Thinking★★
- 4.4Design-Driven Innovation★
- 4.5TRIZ (Theory of Inventive Problem Solving)★
- 4.6Harvesting Strategies★★
Unit 5 · Information
- 5.1Government Incentives for Entrepreneurship☆
- 5.2Business Incubation & Acceleration★
- 5.3Funding New Ventures: Sources & Options★★
- 5.4Angel Investors★
- 5.5Small-Scale Industries (SSI) & Entrepreneurship★★ PYQ
- 5.6Government of India Support Institutions (SISI, KVIC, DGFT, SIDBI, Defence, Railways …)★
Unit 6 · Closing the Window
- 6.1Sustaining Competitiveness & Maintaining Competitive Advantage★★
- 6.2The Changing Role of the Entrepreneur☆
Unit 7 · Applications and Project Reports
Unit 8 · Project Management
- 8.1Project: Definition, Characteristics & Types★
- 8.2Project Management: Definition & Objectives★
- 8.3Issues & Problems in Project Management★★
- 8.4Project Life Cycle & Its Phases★★★
Unit 9 · Project Feasibility Studies
- 9.1Project Identification & Generation of Project Ideas★
- 9.2Pre-Feasibility & Feasibility Studies★★★
- 9.3Detailed Project Report (DPR)★
- 9.4Technical Appraisal★
- 9.5Economic, Commercial & Financial Appraisal★
- 9.6Capital Budgeting Process★
- 9.7Capital Budgeting Techniques (Payback, NPV, PI, IRR)★★
- 9.8Social Cost Benefit Analysis (SCBA)★★
Unit 10 · Project Planning
- 10.1Project Planning: Importance & Steps☆
- 10.2Project Scope☆
- 10.3Work Breakdown Structure (WBS)★★★
- 10.4Organization Breakdown Structure (OBS)★★
- 10.5Phased Project Planning☆
Unit 11 · Project Scheduling and Costing
- 11.1Gantt (Bar) Chart★
- 11.2Network Analysis Basics: Activity, Event & Dummy Activity★
- 11.3CPM: Time Calculations (ES, EF, LS, LF)★★★
- 11.4Critical Path: Identification & Significance★
- 11.5Floats & Slacks☆
- 11.6PERT (and PERT vs CPM)★★★
- 11.7Crashing & Time–Cost Trade-off☆
- 11.8Project Costing & Cost Reduction Methods★
Unit 12 · Project Monitoring and Control
- 12.1Project Monitoring & Control: Concept & Process☆
- 12.2Role of the Project Manager☆
- 12.3MIS in Project Monitoring★
- 12.4Project Audit & Post-Project Audit★★
- 12.5Zero Defects & Quality Control in Projects★★ PYQ