Course Details
Subject {L-T-P / C} : MN6034 : Mine Management { 3-0-0 / 3}
Subject Nature : Theory
Coordinator : Prof. Bhatu Kumar Pal
Syllabus
Introduction: Evolution of management theory and practice principles of scientific management elements of management function planning organization and control structure and design of organization for mining enterprises.
Personal Management: Selection training and development of human resources for mining enterprises leadership study of traditional leader behavior autocratic democratic and Laissez-Faire behaviors Production Management: Determination of norms and standards of operations by work study analysis of mine capacities and capability production planning scheduling and control short term and long term planning productivity concepts and measurements application of Ergonomics in mine operation.
Financial Management: Capital budgeting techniques for mining project project evaluation payback period and IRR methods of cost analysis and cost control breakeven charts working capital management.
Materials Management: ABC Analysis, Inventory Management Purchase policies, P and Q system, inventory control, Review period, lead time. Behavioral Sciences for Management: Conflict management conflict in organization sources of conflict dealing with conflict organizing for conflict resolution conflict and growth Individual motivation two way personal communication.
Maintenance Management: Definition, Classifying Reliability, Types of Maintenance Break-down, scheduled, preventive, predictive, protective and lean maintenance. Marketing Management: Strategic planning & marketing management processes, marketing environment, marketing information systems, market management and forecasting new product development processes.
Course Objectives
- To know the problems while working in mines and how to tackle them amicably
- To know the investment and return from mineral based industries so that profitability increases
Course Outcomes
CO1: To introduce theory and practice, principles of scientific management. <br />CO2: To study various issues of Personal, Financial, Maintenance and Materials Management.
Essential Reading
- I M Pandey, Financial Management, Vikash Publishing House Pvt. Ltd., New Delhi
- P. Gopalakrishnan & M. Sundaresam,, Materials Management - An Integrate Approach,, Prentice Hall India Pvt. Ltd., New Delhi
Supplementary Reading
- P. Kstler, Marketing Management,, Prentice Hall India Pvt. Ltd. New Delhi
- Koonz & Daniel, Principles and Practice of Management, John Wiley & Sons