We are pleased to present this book on Project Management for the students of T.Y. B.Com. (Banking & Insurance), Semester V. The book has been prepared according to the Revised NEP 2020 Syllabus, applicable from the academic year 2026–27, under Vertical 1 (Major) – Elective Course carrying 4 Credits (100 Marks) with 40% Internal and 60% External assessment.
This book introduces the fundamentals of project management, project planning and design, implementation, risk management, and project monitoring and closure in the banking sector. The concepts are presented in a simple and systematic manner to help students understand the practical aspects of managing banking projects.
The book also emphasizes the importance of effective decision-making, teamwork, time management, and efficient utilization of resources for successful project execution. It aims to develop both conceptual understanding and practical skills required in today’s banking and financial services industry.
Contents –
Module I: Fundamentals of Project Management in Banks
1. Introduction to Project Management in Banking
1. Meaning and Definition of Projects in Banks
2. Characteristics of Banking Projects
3. Types of Projects in Banks
4. Importance of Project Management in Banks
2. Project Life Cycle in Banks
1. Phases of the Project Life Cycle
2. Project Identification in Banks
3. Feasibility Studies
4. Stakeholders in Banking Projects
Module II: Project Planning and Design in Banks
3. Project Planning Tools and Techniques
1. Work Breakdown Structure (WBS)
2. Gantt Charts and Network Diagrams
3. Critical Path Method (CPM) and PERT
4. Resource Allocation
4. Project Costing and Budgeting
1. Cost Estimation Methods
2. Project Budgeting Processes
3. Cost-Benefit Analysis
4. Financial Appraisal Techniques
Module III: Project Implementation and Risk Management
5. Project Execution in Banks
1. Execution Framework
2. Vendor Management
3. Communication Management
4. Quality Assurance in Projects
6. Risk Management in Banking Projects
1. Types of Project Risks
2. Risk Assessment Techniques
3. Risk Mitigation Strategies
4. Regulatory Risk Management
Module IV:Monitoring, Evaluation and Closing of Projects in Banks
7. Project Monitoring and Control
1. Performance Measurement Tools
2. Progress Reporting
3. Change Management in Projects
4. Audit and Compliance Checks
8. Project Review and Closure
1. Project Evaluation Techniques
2. Documentation and Reporting
3. Lessons Learned
4. Project Closure Activities
Model Question Paper
