Section A: General Infromation
Course Title: Industrial Management
Type of Course: Compulsory, Theory, Non-departmental
Offered to: EEE
Pre-requisite Course(s): None
Management functions and organization: Evolution, management function: organization, theory and structure, span of control, authority delegation, manpower planning. Personnel management: importance, need hierarchy, motivation, leadership, wage incentives, performance appraisal, participative management.
Operation management: production planning and control (PPC) functions, quantitative methods applied in production, quality management, location and layout planning safety and loss management.
Cost and financial management: elements of cost of products, cost analysis, investment analysis, benefit-cost analysis, risk analysis.
Management accounting: cost planning and control, budget, and budgetary control.
Marketing management: concepts, strategy, sales promotion, patent laws.
Technology management: management of innovation and changes, technology life cycle.
Case studies.
To understand and apply concepts and techniques associated with the primary functional management disciplines.
Enhancing the ability of students to identify various operational strategies related to Demand, Procurement, Planning, Processes, and overall Supply Chain
To understand and design analytical tools to apply cost and management accounting principles in practice.
N/A
| CO No. | CO Statement | Corresponding PO(s)* | Domains and Taxonomy level(s)** | Delivery Method(s) and Activity(-ies) | Assessment Tool(s) |
|---|---|---|---|---|---|
| 1 | Explain the importance of leadership, strategic planning, and management control functions in an industrial organisation | PO(i) | C2 | Lectures, Tutorials, Homeworks | Assignment, Class test, Final exam |
| 2 | Develop relationship between operations and other business area in an organization | PO(c) | C5 | Lectures, Tutorials, Homeworks | Assignment, Class test, Final exam |
| 3 | Apply the operational knowledge to solve problems relevant to manufacturing and service sectors employee | PO(b) | C3 | Lectures, Tutorials, Homeworks | Assignment, Class test, Final exam |
| 4 | Analyse performance of organizations quantitatively using basic accounting tools and techniques | PO(b) | C4 | Lectures, Tutorials, Homeworks | Assignment, Class test, Final exam |
Cognitive Domain Taxonomy Levels: C1 – Knowledge, C2 – Comprehension, C3 – Application, C4 – Analysis, C5 – Synthesis, C6 – Evaluation, Affective Domain Taxonomy Levels: A1: Receive; A2: Respond; A3: Value (demonstrate); A4: Organize; A5: Characterize; Psychomotor Domain Taxonomy Levels: P1: Perception; P2: Set; P3: Guided Response; P4: Mechanism; P5: Complex Overt Response; P6: Adaptation; P7: Organization
Program Outcomes (PO): PO(a) Engineering Knowledge, PO(b) Problem Analysis, PO(c) Design/development Solution, PO(d) Investigation,
PO(e) Modern tool usage, PO(f) The Engineer and Society, PO(g) Environment and sustainability, PO(h) Ethics, PO(i) Individual work and team work,
PO(j). Communication, PO(k) Project management and finance, PO(l) Life-long Learning
* For details of program outcome (PO) statements, please see the departmental website or course curriculum
| K1 | K2 | K3 | K4 | K5 | K6 | K7 | K8 | P1 | P2 | P3 | P4 | P5 | P6 | P7 | A1 | A2 | A3 | A4 | A5 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Week | Lectures | Topic | COs |
|---|---|---|---|
| 1 | 1-3 | Introduction to Management and Organization: Classify managers and non-managerial employees, describe the functions, roles and skills of managers and how the manager’s job is changing, and describe the characteristics of an organization. | CO4 |
| 2 | 4-6 | The Evaluation of Management Theory: Explain various theories in the classical approach, describe the quantitative approach, discuss the development and uses of behavioural approach. | CO1 |
| 3 | 7-9 | Organizational Structure and Design: Describe six key elements in organizational design, identify the contingency factors, compare and contrast traditional and contemporary organizational designs. | CO4 |
| 4 | 10-12 | Power and Distribution of Authority: Empowerment, scalar principle in organization, process of delegation. | CO1 |
| 5 | 13-15 | Motivating Employees: Early Theories of Motivation, Contemporary Theories of Motivation, Current Issues in Motivation. | CO4 |
| 6 | 16-18 | Managers as Leaders: Early Leadership Theories, Contingency Theories of Leadership, Contemporary Views of Leadership, Leadership Issues in The Twenty-First Century. | CO4 |
| 7 | 19-21 | Facility Layout: Necessity, Product Layout, Process Layout, Cellular Layout. | CO1 |
| 8 | 20-24 | Capacity Planning: Importance, Defining and Measuring Capacity, Determinants, Capacity Requirements, Developing Alternatives. | CO3 |
| 9 | 25-27 | Forecasting: Elements of good forecasting, Steps, Approaches to Forecasting, Time series Analysis, Associative techniques. | CO2 |
| 10 | 28-30 | Total Quality Control: Cost of Poor Quality, Customer Satisfaction, Employee Involvement, Continuous Improvement, Improving Quality through TQM. | CO4 |
| 11 | 31-33 | Aggregate Planning: Concept of Aggregation, Overview, Purpose and Scope, Demand and Capacity Options, Planning Techniques | CO2 |
| 12 | 34-36 | Capital Budgeting Decisions: overview, payback method, net present value method, internal rate of return, expanding the net present value method, uncertain cash flow, preference decisions, simple rate of return method, post audit of investment products | CO2 |
| 13 | 37-39 | Flexible Budgets and Performance Analysis: variance analysis cycle, flexible budgets, flexible budget variances, flexible budgets with multiple cost drivers, some common errors. popular organization-wide incentive plans., Explain how to use incentives to improve | CO3 |
Class participation will be judged by in-class evaluation; attendance will be recorded in every class.
Continuous assessment will be done in the form of quizzes, assignments, in-class evaluations.
Final Examination: A comprehensive term final examination will be held at the end of the Term following the guideline of academic Council.
Class Participation 10%
Continuous Assessment 20%
Final Examination 70%
Total 100%
Management by Stephen P. Robbins and Mary Coulter (10th Edition)
Management by James A. F. Stoner, Daniel R. Gilbert, R. Edward Freeman (6th Edition)
Chase, R. B., Aquilano, N. J. and Jacobs, F. R., “Production and Operations Management: Manufacturing and Services”, McGraw-hill
Managerial Accounting (15th Edition) by Ray H Garrison, Eric Noreen, Peter C. Brewer
N.B. Besides going through relevant topics of the textbook, it is strongly advised that the students follow the class Lectures and discussions regularly for a thorough understanding of the topics.