Project management has become central to operations in industries as diverse as construction, information technology, architecture, hospitality, engineering and new product development. This module introduces the general principles of project management while addressing specific examples across various applications. The module covers project management core concepts focusing on best practices of successful projects within organisations. The module also discusses perspectives, concepts, and tools to anticipate challenges in managing real projects and to utilise the participant's knowledge to create value for the organisation through the effective implementation of projects. Finally, the module enables the students to understand that enhancement of project performance can be achieved through learning practical and effective approaches to managing project teams, costs, resources, uncertainty, and project deliverables.
Project Management: An Overview
What is Project Management? Why Project Management?Understanding Project Life CycleProject Triple Constraint
Projects and Organisational Strategy, Structure and Culture
Understand how effective PM contributes to achieving strategic objectives.Strengths and weaknesses of three basic forms of organisational structure and their implications for managing projects.Corporate culture and its effect on project management.
Project Selection and Portfolio Management
Criteria for project selection/screening model.Use of financial concepts such as the efficient frontier and risk/return models to select projects.Identify the elements in the project portfolio selection.
Scope Management
Importance of scope management for project success.Understanding the Statement of work, project charter, work breakdown structure and project work package.Reasons for project failures, and control systems relating to scope development.
Project Risk Management
Define project risk and project risk management.Steps of project risk management process - inputs, tools and techniques and outputs approach.
Agile Project Management
Why Agile Project Management (APM).12 agile principles to guide APM implementation.Outline different terms and steps of the scrum process in APM.Compare the APM and Traditional Project Management (TPM).Outline some benefits and challenges of APM.
Project Cost Estimation and Budgeting
Cost management and common sources of the project costs.Different types of project costs.Forms of cost estimation for project work and their challenges.Project budget - top-down and bottom-up and activity-based costing budgeting approaches.Budget contingencies.
Project Scheduling
Project scheduling techniquesActivity network using activity-on-node (AON) technique.Activity duration estimation based on probabilistic estimating techniques.The critical path for a project schedule network using forward and backward passes, activity slack and critical path to determine project duration.
Project Closeout and Termination
Primary forms of project termination.Steps in formal project closeoutReasons for early termination and concerns when shutting down a project.Elements of a final project report.
The teaching methodology will apply a hybrid approach of teacher-centred and student-centred learning approaches which will assign significant responsibility to the student in the learning process, i.e. Project-based Learning. The module will incorporate a range of learning teaching methods, including lectures, tutorials, class assignments, class discussions and case studies.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Other Assessment(s) | 100 |