Training Course

Project Management

Project Management

The Programme

Sponsored by the Department of Personnel and Training, Ministry of Personnel, Public Grievances and Pensions, Government of India, this proposed one-week In-Service Training Programme on Project Management is the first of its kind, designed for Officers of All India Service (lAS, IPS & IFoS), officers working under the Central Staffing Scheme, officers of Central Secretariat Service (CSS) and officers of Central Secretariat Stenographer Service (CSSS) (DS/Sr. PPS and above level).

Capital-intensive schemes in all major Ministries and Departments seek to place a substantial focus on input related risk factors, particularly the acquisition, exploration, and subsequent operation and maintenance part of the schemes. The decision to continue a scheme or to increase its bandwidth through new investments are the primary challenges even after receiving the consultancy services. The project implementing unit of the Department/Ministry is supposed to have more accurate information about the scheme’s performance. Mostly, despite having information, accurate analysis based decisions are barely taken. The precise analysis can be done by employing suitable socio-economic techniques and tools. The skills pertaining to project analysis would help decide the probability of its success and loss. The identification of key bottlenecks and challenges would not only enable departments to take a balanced decision but also empower them to have a handle on key issues of concern.  

This requires a set of techniques to be worked out mostly with the Internal Rate of Return (IRR) calculations, Per Capita Benefit (PCB), Compound Annual Growth Rate (CAGR), Annual Growth Rate (AGR), Return on Investment (RoI), and Social Return on Investment (SRoI). The linear prediction of revenue generated in the form of social assets would help identify varying conditions of uncertainty over the expected productive life of a scheme. 

This needs the development of sound, realistic, and carefully structured cash-flow projections, reflecting both the initial capital expenditures required for the acquisition of the asset, as well as the operational expenditures required for successful operation and maintenance of the assets over anticipated productive life. 

In most cases, the failure behind a scheme is to overrun its planned budgets, failing to realize both the financial and physical targets. The reasons assigned to this problem is its sizable increases in capital and operational expenditures and substantial financial losses in attaining physical targets. More often than not, the diminishing return on investment creates disinterestedness amongst the implementers.     In the majority of cases, suitable analytical tools and techniques are not applied in project decisions, evaluation, financial planning, capital management and cash flow analysis. In this context, a five-day programme on Project Analysis/ Appraisal (Risk Analysis/ Management) is proposed to provide tools to estimate risks and social costs beforehand.

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Training

Aim

The training programme would highlight an understanding of the decision making process with the help of case studies, financial tools, ways and means to calculate social costs, risk management etc.

Objectives

At the end of the training programme, the participants would be able to:

  1. Assess the key issues in financial resource investment in a scheme,
  2. Understand the cost flows, fixed, and operational costs for financial analysis for presenting the scheme back to the stakeholders,
  3. Apply Social Return on Investment (SRoI) for more feasible analysis keeping in view proxy indicators,
  4. Apply financial risk mitigation strategies,  and
  5. Document key indicators for planning, implementation and assessment.

Outcomes

The programme is uniquely designed in blended form (digital platform and face to face, if situation permits) to help Officers prepare for the challenges and opportunities as they move up the ladder. Upon successful completion of this course, it is expected that the Participants will be endowed with creative thinking to produce innovative solutions to problems, and turn out to be more responsible and effective administrators. They would be more creative, professional and move away from the culture of working in silos.

Eligibility

The programme is designed for the Officers of All India Service (lAS, IPS & IFoS), officers working under the Central Staffing Scheme, officers of Central Secretariat Service (CSS) and officers of Central Secretariat Stenographer Service (CSSS) (DS/Sr. PPS and above level). The Officers will be selected and nominated by the Department of Personnel and Training, Ministry of Personnel, Public Grievances and Pensions, Government of India.

Methodology

The In-Service Training (IST) Programme would focus on the case study method through interactive sessions. The training programme would emphasise individual exercises, group discussions and fish-bowl activities.  This would bring life to the skills acquired throughout the programme. The course material consists of i) video of 10 minutes duration each relevant to the topic, ii) PPTs, iii) Quiz questions and iv) online reference/reading material for each session, except those delivered by Guest Speakers.

IST will be hosted on the iGOT digital platform/ in blended mode and will be delivered through online structured interaction, and lectures. With due regard to imperatives of ‘Social Distancing’ field visit to the Centre of Excellence/proven case of Good Governance/Success Stories will be undertaken to ensure wholesome transfer of knowledge and to develop a need-based action plan. Special Focus will be laid on flagship programmes/Schemes of the Central Government. The Officers will be required to present the analysis of individual project options.

Learning Outcome and Impact

On completion of the IST, officers would be better prepared to:

Behavioural Competencies

  1. Managing self, others and the Organisation
  2. Strategic thinking
  3. Change management

Functional Competencies

  1. Management of Costs and Prices
  2. Data analysis
  3. Project/Programme Management – KPIs and tools

Domain competencies – cross-cutting themes:  This will cover five different themes as outlined below:

  1. Central objectives of Project analysis
  2. Devising performance matrix of a project
  3. Cost-benefit analysis, Internal Rate of Return, Year over Year growth, Annual and Compound Annual growth rates
  4. Clear perspective on Social Return on Investment (SoRI),
  5. Social Inclusiveness of a project

Brochure

Monday

FN

  1. Project analysis and decision making
  2. Risk and uncertainty analysis

 

AN

  1. Discounted Cash flow projections
  2. Fundamental tools in Microeconomic analysis

Tuesday

FN

  1. Identification of stakeholders: their roles and sync deficits
  2. Performance Matrix and hierarchy of weightage

 

AN

  1. Calculation of the total costs and total benefits and per capita cost-benefit
  2. Linear prediction of per capita costs and benefits based on past years

Wednesday

FN/AN

Field visit to the important organization or public sector body for greater exposure to the government policy implementation (Accrual Accounting)

 

Thursday

FN

  1. Internal Rate of Return (IRR) and  Year over Year (YoY) growth
  2. Exponential Smoothing based on actual expenditure and MAPE

 

AN

  1. Understanding the Return on Investment (RoI)
  2. Calculation of Compound Annual Growth Rate (CAGR)

Friday

FN

  1. Social Return on Investment (SRoI)
  2. Assessing Development based on proxy indicators

 

AN

  1. Evaluating Project Options
  2. Best Practices in Project Management

Resource Material 

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