MBA(A) 204 Project Management Notes cover all 4 units of the Semester 4 Skill Enhancement paper of MBA (Analytics) in a 66-page English book: 20 worked numericals (NPV, break-even, CPM, PERT, crashing, earned value), 38 figures, 3 case studies and 72 exam questions sorted by unit. They follow the Scheme and Syllabus 2022-24 onwards.
Written by Prateek Talwar, Founder, Unnati Educations, ACS (ICSI), B.Com (University of Delhi) · Reviewed by Sheetal Kirola, Academic Head, M.Ed. · Checked against the MBA (Analytics) Scheme and Syllabus 2022-24 onwards (syllMBAAnalytics180225.pdf) · Updated 26 October 2026 · Editorial policy
Scheme: MBA (Analytics) 2022-24 onwards | Applies to: Scheme and Syllabus 2022-24 onwards | Verified against: syllMBAAnalytics180225.pdf (Sem 3-4 approved 19.07.2023)
MBA(A) 204 Project Management at a glance: GGSIPU MBA (Analytics) Sem 4 credits, units and exam pattern
MBA(A) 204 is a fixed final-semester paper. It sits with the other GGSIPU MBA (Analytics) Semester 4 papers.
| Code and title | MBA(A) 204 Project Management ("MBA (A)-204" on the notes) |
|---|---|
| Course and semester | MBA (Analytics), Semester 4 |
| Category and credits | Skill Enhancement · 3 credits · L 3, no T/P (three lecture hours a week) |
| Marks | Internal 25 (Class Test-I 15 + presentation, viva-voce or group discussion 10). End-term marks and total: not printed in the official PDF. |
| End-term pattern | Not printed in the official PDF |
| Applies to | Scheme and Syllabus 2022-24 onwards |
| Units | 4 (I 10 hours, II 12, III 10, IV 10) |
| Course outcomes | Six, from project vs routine work to risk |
| Paired lab | None (Semester 4 has no lab paper) |
| Verify | Official MBA (Analytics) Scheme and Syllabus PDF on ipu.ac.in |
For MBA(A) 204 end-term minimums and re-appear rules, the scheme points to Ordinance 11.
MBA(A) 204 Project Management Notes unit-wise: 20 worked numericals, 38 figures and 72 exam questions across 4 units
These MBA(A) 204 Project Management IPU notes follow one ₹50 lakh project from idea to closure, so the Unit I numbers return in Units II and IV.
Other papers: GGSIPU MBA (Analytics) notes.
MBA(A) 204 Unit I: Project Identification and Selection
Pages 5 to 20, 8 sections. Triple constraint, six-step identification, rating-index screening, environment monitoring and the charter, then pre-feasibility, four-way feasibility with SCBA, and break-even. Count: 8 figures, 5 worked numericals, 1 case study (rooftop solar), 18 exam questions.
| Measure | Working | Result |
|---|---|---|
| BEP (units) | 40,00,000 ÷ 200 contribution | 20,000 units (40% of capacity) |
| Margin of safety | 30,000 expected − 20,000 | 10,000 units |
| Cash BEP | (40,00,000 − 10,00,000 depreciation) ÷ 200 | 15,000 units (30% of capacity) |
| BEP with ₹8 lakh interest | 48,00,000 ÷ 200 | 24,000 units (48% of capacity) |
Quick look: project break-even, fixed cost ₹40 lakh, contribution ₹200 (from page 17)
- Measure
- BEP (units)
- Working
- 40,00,000 ÷ 200 contribution
- Result
- 20,000 units (40% of capacity)
- Measure
- Margin of safety
- Working
- 30,000 expected − 20,000
- Result
- 10,000 units
- Measure
- Cash BEP
- Working
- (40,00,000 − 10,00,000 depreciation) ÷ 200
- Result
- 15,000 units (30% of capacity)
- Measure
- BEP with ₹8 lakh interest
- Working
- 48,00,000 ÷ 200
- Result
- 24,000 units (48% of capacity)
MBA(A) 204 Unit II: Project Planning and Resource Consideration
Pages 21 to 35, 9 sections, the most numerical unit. Life cycle, RACI, Tuckman and a factory WBS, then resource levelling, cost of project, budgets, CPM floats, PERT, crashing and updating. The official PDF prints "Recourse" in the unit title. Count: 11 figures, 7 worked numericals, 1 case study (Delhi Metro), 18 exam questions.
| Step | Duration (days) | Total cost (₹) |
|---|---|---|
| Normal, no crashing | 10 | 46,000 |
| Crash B by 1 day | 9 | 44,700 |
| Crash C and B together | 8 | 44,400 (optimum) |
| Crash C and D together | 7 | 44,600 (cost rises) |
Quick look: crashing at ₹2,800 indirect cost a day (from page 32)
- Step
- Normal, no crashing
- Duration (days)
- 10
- Total cost (₹)
- 46,000
- Step
- Crash B by 1 day
- Duration (days)
- 9
- Total cost (₹)
- 44,700
- Step
- Crash C and B together
- Duration (days)
- 8
- Total cost (₹)
- 44,400 (optimum)
- Step
- Crash C and D together
- Duration (days)
- 7
- Total cost (₹)
- 44,600 (cost rises)
MBA(A) 204 Unit III: Organizational Structure and Quality Issues
Pages 36 to 50, 9 sections. Functional, projectized and matrix structures, PM vs line manager, seven leadership styles, Thomas-Kilmann conflict modes, diversity, Lewin and Kotter, then QA vs QC, an X-bar chart, cost of quality and value engineering. Count: 10 figures, 3 worked numericals, 18 exam questions.
| Component | Cost (₹) | Worth (₹) | Value index |
|---|---|---|---|
| Body casting | 2,400 | 2,000 | 0.83 |
| Handwheel | 600 | 200 | 0.33 (VE target) |
| Stem | 800 | 700 | 0.88 |
| Paint and finish | 400 | 150 | 0.38 (VE target) |
Quick look: value index of a gate valve (from page 48)
- Component
- Body casting
- Cost (₹)
- 2,400
- Worth (₹)
- 2,000
- Value index
- 0.83
- Component
- Handwheel
- Cost (₹)
- 600
- Worth (₹)
- 200
- Value index
- 0.33 (VE target)
- Component
- Stem
- Cost (₹)
- 800
- Worth (₹)
- 700
- Value index
- 0.88
- Component
- Paint and finish
- Cost (₹)
- 400
- Worth (₹)
- 150
- Value index
- 0.38 (VE target)
MBA(A) 204 Unit IV: Project Risk Management, Performance Management and Control
Pages 51 to 65, 10 sections. Ten risk types, the PMBOK process, a risk register, heat map, EMV, sensitivity and scenarios, risk responses, then performance measurement, Keegan's matrix, productivity, post-audit and the control cycle. Count: 9 figures, 5 worked numericals, 1 case study (MoSPI overruns), 18 exam questions.
| Scenario | Probability | NPV (₹ lakh) |
|---|---|---|
| Pessimistic (inflows 80%) | 0.25 | −4.64 |
| Most likely (100%) | 0.50 | 6.71 |
| Optimistic (115%) | 0.25 | 15.21 |
| Expected NPV | 1.00 | 6.00 (coefficient of variation 1.18) |
Quick look: scenario analysis of the ₹50 lakh project (from page 56)
- Scenario
- Pessimistic (inflows 80%)
- Probability
- 0.25
- NPV (₹ lakh)
- −4.64
- Scenario
- Most likely (100%)
- Probability
- 0.50
- NPV (₹ lakh)
- 6.71
- Scenario
- Optimistic (115%)
- Probability
- 0.25
- NPV (₹ lakh)
- 15.21
- Scenario
- Expected NPV
- Probability
- 1.00
- NPV (₹ lakh)
- 6.00 (coefficient of variation 1.18)
MBA(A) 204 exam corner: 40 two-and-a-half-mark and 32 twelve-and-a-half-mark questions by unit
| Unit | Short answer (2.5 Marks) | Long answer (12.5 Marks) | Worked numericals | Figures |
|---|---|---|---|---|
| I (pages 19-20) | 10 | 8 | 5 | 8 |
| II (page 35) | 10 | 8 | 7 | 11 |
| III (pages 49-50) | 10 | 8 | 3 | 10 |
| IV (page 65) | 10 | 8 | 5 | 9 |
MBA(A) 204 questions by unit (marks as printed)
- Unit
- I (pages 19-20)
- Short answer (2.5 Marks)
- 10
- Long answer (12.5 Marks)
- 8
- Worked numericals
- 5
- Figures
- 8
- Unit
- II (page 35)
- Short answer (2.5 Marks)
- 10
- Long answer (12.5 Marks)
- 8
- Worked numericals
- 7
- Figures
- 11
- Unit
- III (pages 49-50)
- Short answer (2.5 Marks)
- 10
- Long answer (12.5 Marks)
- 8
- Worked numericals
- 3
- Figures
- 10
- Unit
- IV (page 65)
- Short answer (2.5 Marks)
- 10
- Long answer (12.5 Marks)
- 8
- Worked numericals
- 5
- Figures
- 9
The MBA(A) 204 notes list 40 short-answer and 32 long-answer questions across 4 units, plus 20 worked numericals. Answers come from each unit's sections, not one by one. One per unit:
- Unit I: What are shadow prices? Prices showing true opportunity cost to the economy (page 16).
- Unit II: What is a dummy activity? A zero-time dotted arrow in an AOA network that shows a dependency (page 28).
- Unit III: What is scope creep and how is it controlled? Uncontrolled scope change, stopped by change requests, impact analysis and a change control board (page 43).
- Unit IV: What is a risk register? A living list of each risk with probability, impact, owner and response (page 54).
Further drill: MBA(A) 204 important questions.
Who writes and checks the MBA(A) 204 Project Management notes?
- Prateek Talwar, author: Founder, Unnati Educations. Associate Company Secretary (ACS), ICSI, membership no. 58704, since 15 May 2019. B.Com, University of Delhi (School of Open Learning), 2012. Management, commerce and finance are his core area. Author profile
- Sheetal Kirola, reviewer: Academic Head, Unnati Educations. M.Ed., 7 years of experience. She reviewed the MBA(A) 204 notes for unit coverage, flow-chart order and the leadership, conflict and change sections. Reviewer profile
Prateek wrote these GGSIPU MBA (Analytics) Sem 4 Project Management notes against the 2022-24 onwards scheme. The 2026-27 edition: 4 units, 38 figures, 20 worked numericals, 3 case studies, 72 exam questions. Updated 26 October 2026 under our editorial policy.
The team also builds GGSIPU important questions course by course.
How to write MBA(A) 204 answers: CPM and PERT tables, crashing steps and flow-chart theory answers
MBA(A) 204 mixes network numericals, marked step by step, with flow-chart theory answers. The exam tips cover both.
- Network numericals (page 30): separate marks for network, ES/EF, LS/LF, floats and critical path; show both passes in one table, list every path, check TF ≥ FF ≥ IF.
- Crashing (page 33): critical activities only, cheapest slope first, one day at a time; stop when extra direct cost exceeds the indirect saving.
- Theory answers (pages 7, 53, 64): meaning, flow chart, three lines per step, one example.
Worked example: PERT probability of finishing in 20 days (pages 30-31)
- te = (a + 4m + b) ÷ 6; variance = ((b − a) ÷ 6)².
- Paths 17, 14 and 13 days: critical path A-C-E-G, Te = 17.
- Variance of critical activities = 3.778; σ = 1.944 days.
- Z = (20 − 17) ÷ 1.944 = 1.54, probability 93.86%. Key line: if Ts = Te, the chance is only 50%.
Practise MBA(A) 204-style networks on GGSIPU MBA (Analytics) important questions.
MBA(A) 204 and the GGSIPU MBA (Analytics) Sem 4 papers it connects to
MBA(A) 204 has no lab, and Semester 4 has none; all papers are in the GGSIPU MBA (Analytics) syllabus.
- MBA(A) 202 Major Project Report: charter, WBS and Gantt chart (Units I and II) plan the dissertation.
- MBA(A) 208 Multivariate Data Analysis: regression forecasting (page 14), Monte Carlo and scenarios (page 56).
- MBA(A) 206 Ancient Management Philosophy and Indian Ethos: values beside Unit III leadership (page 39).
Electives: MBA(A) 222 Financial Analytics reuses page 15 (NPV, DSCR); MBA(A) 212 Managing Organizational Development builds on Lewin and Kotter (pages 43-44).
Project KPIs and earned value management terms in project control: excerpt from page 58 of the MBA(A) 204 notes
Excerpt from page 58
Meaning of project performance measurement
Project performance measurement is the regular collection and analysis of data to compare actual progress with the baseline plan in terms of scope, time, cost, quality and other objectives. "What gets measured gets managed": measurement provides the information needed for control.
| Dimension | Typical KPIs |
|---|---|
| Time | Schedule variance, SPI, milestones achieved on time, critical-path activities delayed |
| Cost | Cost variance, CPI, budget utilisation, cost per unit of output |
| Scope | Work completed, number of change requests, scope creep |
| Quality | Defects, rework, customer complaints, test pass rate |
| Safety | Accident frequency rate, lost-time injuries |
| People | Team productivity, attrition, overtime hours, morale |
| Stakeholders | Client satisfaction score, number of escalations |
Key performance indicators for projects (page 58)
- Dimension
- Time
- Typical KPIs
- Schedule variance, SPI, milestones achieved on time, critical-path activities delayed
- Dimension
- Cost
- Typical KPIs
- Cost variance, CPI, budget utilisation, cost per unit of output
- Dimension
- Scope
- Typical KPIs
- Work completed, number of change requests, scope creep
- Dimension
- Quality
- Typical KPIs
- Defects, rework, customer complaints, test pass rate
- Dimension
- Safety
- Typical KPIs
- Accident frequency rate, lost-time injuries
- Dimension
- People
- Typical KPIs
- Team productivity, attrition, overtime hours, morale
- Dimension
- Stakeholders
- Typical KPIs
- Client satisfaction score, number of escalations
Earned value management (EVM)
Earned value management brings scope, schedule and cost into one system. It asks three questions: how much work should have been done by now (planned value), how much has actually been done (earned value), and what the work done has cost (actual cost).
| Term | Formula | Reading |
|---|---|---|
| Planned Value (PV) | Budgeted cost of work scheduled (BCWS) | What should be done by now |
| Earned Value (EV) | Budgeted cost of work performed (BCWP) = % complete × BAC | Value of work actually done |
| Actual Cost (AC) | Actual cost of work performed (ACWP) | What has been spent |
| Schedule Variance (SV) | EV − PV | Negative means behind schedule |
| Cost Variance (CV) | EV − AC | Negative means over budget |
| SPI / CPI | EV ÷ PV / EV ÷ AC | Below 1 means behind schedule / over budget |
| Estimate at Completion (EAC) | BAC ÷ CPI | Forecast total cost if current efficiency continues |
| Estimate to Complete (ETC) | EAC − AC | Money still needed |
| Variance at Completion (VAC) | BAC − EAC | Expected overrun or underrun |
| To-Complete Performance Index (TCPI) | (BAC − EV) ÷ (BAC − AC) | Efficiency needed to finish within BAC |
EVM terms, formulas and how to read them (page 58)
- Term
- Planned Value (PV)
- Formula
- Budgeted cost of work scheduled (BCWS)
- Reading
- What should be done by now
- Term
- Earned Value (EV)
- Formula
- Budgeted cost of work performed (BCWP) = % complete × BAC
- Reading
- Value of work actually done
- Term
- Actual Cost (AC)
- Formula
- Actual cost of work performed (ACWP)
- Reading
- What has been spent
- Term
- Schedule Variance (SV)
- Formula
- EV − PV
- Reading
- Negative means behind schedule
- Term
- Cost Variance (CV)
- Formula
- EV − AC
- Reading
- Negative means over budget
- Term
- SPI / CPI
- Formula
- EV ÷ PV / EV ÷ AC
- Reading
- Below 1 means behind schedule / over budget
- Term
- Estimate at Completion (EAC)
- Formula
- BAC ÷ CPI
- Reading
- Forecast total cost if current efficiency continues
- Term
- Estimate to Complete (ETC)
- Formula
- EAC − AC
- Reading
- Money still needed
- Term
- Variance at Completion (VAC)
- Formula
- BAC − EAC
- Reading
- Expected overrun or underrun
- Term
- To-Complete Performance Index (TCPI)
- Formula
- (BAC − EV) ÷ (BAC − AC)
- Reading
- Efficiency needed to finish within BAC
The next page of the notes applies these formulas to a ₹50 lakh, ten-month project checked at the end of month 6.
Do the MBA(A) 204 notes cover the full GGSIPU syllabus?
Yes. Every topic listed under the four official MBA(A) 204 units has its own section in the notes; the unit check found no gap.
| Official unit | Official topics | Where in the notes | Status |
|---|---|---|---|
| Unit I Project Identification and Selection (10 hours) | Identification process, generation and screening of ideas, monitoring the environment, investment opportunities, initiation, pre-feasibility, feasibility (technical, market, financial, economic), break-even point and its managerial implications | Sections 1 to 8, pages 5 to 18 | Covered |
| Unit II Project Planning and Recourse Consideration (12 hours) | Need of planning, life cycle, roles, responsibility and team work, planning process, resource considerations, allocation, scheduling, cost estimate and budgets, CPM and PERT, float times, crashing, contraction of network, updating, cost analysis of resources allocation | Sections 1 to 9, pages 21 to 34 | Covered |
| Unit III Organizational Structure and Quality Issues (10 hours) | Organizational structure, project leader, project manager and line manager, leadership styles, conflict resolution, team and diversity management, change management, quality management and concepts, value engineering | Sections 1 to 9, pages 36 to 49 | Covered |
| Unit IV Project Risk Management, performance management and Control (10 hours) | Types of risks, risk management and its role, steps, identification, analysis, reducing risks, performance measurement and matrix, productivity, evaluation benefits and challenges, execution and control process | Sections 1 to 10, pages 51 to 64 | Covered |
MBA(A) 204 official syllabus mapped to the notes (official wording from the 2022-24 onwards PDF)
- Official unit
- Unit I Project Identification and Selection (10 hours)
- Official topics
- Identification process, generation and screening of ideas, monitoring the environment, investment opportunities, initiation, pre-feasibility, feasibility (technical, market, financial, economic), break-even point and its managerial implications
- Where in the notes
- Sections 1 to 8, pages 5 to 18
- Status
- Covered
- Official unit
- Unit II Project Planning and Recourse Consideration (12 hours)
- Official topics
- Need of planning, life cycle, roles, responsibility and team work, planning process, resource considerations, allocation, scheduling, cost estimate and budgets, CPM and PERT, float times, crashing, contraction of network, updating, cost analysis of resources allocation
- Where in the notes
- Sections 1 to 9, pages 21 to 34
- Status
- Covered
- Official unit
- Unit III Organizational Structure and Quality Issues (10 hours)
- Official topics
- Organizational structure, project leader, project manager and line manager, leadership styles, conflict resolution, team and diversity management, change management, quality management and concepts, value engineering
- Where in the notes
- Sections 1 to 9, pages 36 to 49
- Status
- Covered
- Official unit
- Unit IV Project Risk Management, performance management and Control (10 hours)
- Official topics
- Types of risks, risk management and its role, steps, identification, analysis, reducing risks, performance measurement and matrix, productivity, evaluation benefits and challenges, execution and control process
- Where in the notes
- Sections 1 to 10, pages 51 to 64
- Status
- Covered
Official source: MBA (Analytics) Scheme and Syllabus 2022-24 onwards (ipu.ac.in PDF). MBA(A) 204 is on pages 81-82. The notes add project termination (page 64), named in CO5.
Every course in GGSIPU notes is mapped the same way.
MBA(A) 204 Project Management notes FAQs
How do I get the full MBA(A) 204 notes?
Message Unnati Educations on WhatsApp at 9899436384 using the button on this page. The full MBA(A) 204 notes come as a printed book only; they are not sold as a PDF. Delivery takes a maximum of 5 to 7 days, and the exact time depends on your location.
What is the passing mark for MBA(A) 204 Project Management?
The official MBA (Analytics) PDF prints the internal assessment for MBA(A) 204 as 25 marks: Class Test-I 15 and an individual presentation, viva-voce or group discussion 10. It does not print the end-term marks, the total or a pass percentage for this paper. For end-term minimums and re-appear rules, check Ordinance 11 of the University on ipu.ac.in.
Which unit of the MBA(A) 204 notes has the most numericals?
Unit II, Project Planning and Resource Consideration, with 7 of the 20 worked numericals: resource levelling, cost of project, CPM floats, PERT probability, crashing, updating and idle-cost saving. Units I and IV carry 5 each, including NPV, break-even, EMV and earned value. Unit III has 3: the control chart, cost of quality and value engineering.
Do the MBA(A) 204 notes follow the 2022-24 onwards MBA (Analytics) scheme?
Yes. The MBA(A) 204 notes were checked against syllMBAAnalytics180225.pdf on ipu.ac.in, the MBA (Analytics) Scheme and Syllabus 2022-24 onwards, where the paper sits on pages 81 and 82. Its Semester 3 and 4 papers were approved by the Academic Council on 19.07.2023. The syllabus map on this page copies its unit titles and topics word for word.
Does MBA(A) 204 have a lab paper?
No. MBA(A) 204 is a 3-credit Skill Enhancement paper with three lecture hours a week and no tutorial or practical hours, and Semester 4 lists no lab. Practise network numericals by hand instead: draw the AON network, fill the ES, EF, LS and LF table and list every path, as shown on pages 28 to 30 of the notes.
How is MBA(A) 204 different from MBA(A) 202 Major Project Report?
MBA(A) 204 is a 3-credit taught paper with 25 internal marks printed in the scheme. MBA(A) 202 is an 8-credit Ability Enhancement project: the syllabus gives it 100 marks, 40 from the internal project guide and 60 from an external examiner through a viva-voce and the report. Units I and II of the MBA(A) 204 notes help you plan and schedule that project.
Get the full MBA(A) 204 Project Management Notes on WhatsApp
The complete MBA(A) 204 Project Management Notes run to 66 pages and come as a printed book only, not a PDF. It is printed as Project Management notes in English. Delivery: maximum 5 to 7 days, depending on your location.
| Unit | Pages | Page count | Worked numericals | Exam questions |
|---|---|---|---|---|
| I Project Identification and Selection | 5-20 | 16 | 5 | 18 |
| II Project Planning and Resource Consideration | 21-35 | 15 | 7 | 18 |
| III Organizational Structure and Quality Issues | 36-50 | 15 | 3 | 18 |
| IV Project Risk Management, Performance Management and Control | 51-65 | 15 | 5 | 18 |
MBA(A) 204 notes book: pages and content per unit
- Unit
- I Project Identification and Selection
- Pages
- 5-20
- Page count
- 16
- Worked numericals
- 5
- Exam questions
- 18
- Unit
- II Project Planning and Resource Consideration
- Pages
- 21-35
- Page count
- 15
- Worked numericals
- 7
- Exam questions
- 18
- Unit
- III Organizational Structure and Quality Issues
- Pages
- 36-50
- Page count
- 15
- Worked numericals
- 3
- Exam questions
- 18
- Unit
- IV Project Risk Management, Performance Management and Control
- Pages
- 51-65
- Page count
- 15
- Worked numericals
- 5
- Exam questions
- 18
Order the MBA(A) 204 notes book on WhatsApp (4 units, 66 pages)
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