The exponential growth of membership in the Project Management Institute (PMI) is convincing evidence of the growth of the use of project management activities at accelerated rate in many applications and industries. Managers as well as Business Analysts need to be effectively able to plan, control and implement their product/process projects in an outstanding manner if they want to complete and stay in business. More pressures come from rapid technological change, short life cycle, and aggressive market competition. Projects (e.g. New Product/Process Introduction NPI, Process/Business Improvement) are critical to seize opportunities in today’s global market, hence understanding and delivering in an effective manner is not an option for organisations.
This module covers project management core concepts with a focus on best practices of successful projects within organisations. Understand the project management techniques significantly improved the consistency with which the outcomes resembled what the organizations had in mind when the chore was assigned. The module also discusses perspectives, concepts, and tools to anticipate challenges in managing real projects, and to utilise the participant knowledge to create value for the organisation through effective implementation of projects.
The aim of the module is to introduce the participants to the role of and techniques applied in the project management with emphasis on the provision of information for decision making in planning and control phases. The module enables the participants to understand that enhancement / maximisation of project performance can be achieved through learning practical and effective approaches to managing project teams, costs, resources, uncertainty, and deliverables of any type of project.
Project Life Cycle
Why this emphasis on project management? What is a project? Project management role in organisations. Differences between project management and general management. The main three goals of any project. Project management concepts, needs identifications, proposed solutions, and implementing the projects.
Project Team
The Project Manager’s role and responsibilities. Selection of a project manager. Fitting Projects into the parent organization. The Project team. Intrateam Conflicts. Multidisciplinary teams. Problem solving. Time Management.
Project Planning
The concepts of a project plan. Planning Process (Work breakdown structure). Responsibility Matrix. Developing the network plan / diagram. Planning for information Systems development. Project management software. What is Project budget? Methods of Budgeting. Cost Estimating. Improving Cost Estimating. Budgets Uncertainty. The Plan-Monitor-Control Cycle. Data Collection and Reporting. Approaches to Scheduling Control. Purposes of Control Systems. Tools for Control. Earned value.
Scheduling and Assignment
Activity duration Estimates. Precedence Diagramming. PERT/CPM Networks. Critical Path Analysis. Time-cost trade-off (Crashing). Simulation.
Risk Management (uncertainties)
Project Uncertainty and Risk Management. Risk management planning. Risk identification. Qualitative Risk Analysis. Quantitative Risk Analysis. Risk Response Planning. Risk Monitoring and Control.
Evaluating and Termination
Evaluation Criteria. Project Auditing. Audit Report. Project documentation. Project Termination
Project Management Methodologies
Agile Framework. SCRUM ans XP
The course combines lectures, case studies and guest seminars. Class sessions will consist of interactive discussion, exercises and application of models and tools. The module is based on learning by doing approach, combining individual, group and often team activities, tasks and projects including presentations, discussions, and reflection.
Students will learn through a series of lectures, tutorials, workshops, exercises, and projects. Practical exercises and projects will provide students with the opportunity to develop critical thinking, creative problem solving, and visualisation methodologies.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 50 |
| Other Assessment(s) | 50 |