SBM1201 Project/Program Fundamentals 3 (Project/Program Scope, Time and Cost Management)

Transcription

1 SBM1201 Project/Program Fundamentals 3 (Project/Program Scope, Time and Cost Management) UOS CODE SBM1201 SUMMARY COURSE CONVENOR COURSE TUTOR ASSUMED KNOWLEDGE APPROXIMATE WORKLOAD UOS NAME Project/Program Fundamentals 3 CREDIT POINTS 6 STATUS Secondary Core This unit aims to develop basic project management competency with the focus three following core project management knowledge and competency areas. These areas are in accordance with international standards such as A Guide to Project Management Body of Knowledge (PMBOK2013), NSCPM, and IPMA Competence Baseline (ICB). The unit covers the following: Not applicable Project scope planning, evaluation and change management: deliverables in project phases, alignment of outcomes with strategic intent and business cases; definition of systems, tools, processes, and competencies needed to assess the scope and integrate project/program elements, including value assessment and optimisation across project/program life cycle. Project time planning, scheduling and progress management: appropriate levels of control and assessment of project progress against the schedule; time management strategies, defining milestones, conducting planning and sequencing of activities; developing coordinated schedules and resource plans and applying typical computer software in planning and time optimisation. Project cost estimation, budgeting and financial management: cost estimating, planning and control, cash flow determination and finance, as well as defining means, frequency and process of change management in a systematic manner; exception reporting, cost forecasting and managing cost variances, reporting and management of contingency budget and generally a good command of financial management of project/program. Weekly Lectures & Tutorials Team Work Dr Mohammad Mojtahedi Self Study Readings 60 hours >60 >60 hours >30 hours hours PRE-REQUISITE None (course name) Learning Outcomes To demonstrate knowledge and basic competency in relation to scope and change managemen To demonstrate knowledge and basic competency in relation to scheduling and time management applying appropriate tools and techniques. To demonstrate knowledge and basic competency in relation to financial management including cost planning, budgeting and variation/change management. TARGET COMPETENCIES (Technical/Managerial) To apply knowledge and tools to projects in the work environment including setting up relevant systems and controls. Target competencies in this unit of study comprise the following: Project Scope Management: Scope planning and client needs Scope, roles and responsibilities Change Management Project performance control and monitoring Project termination analysis Project Time Management: Project time planning Project activities identification Project resources and time estimation Project scheduling tools and techniques

2 Project schedule control and monitoring Project progress monitoring and adjustment Resource utilisation and control Project Cost Management: Cost estimation, analysis and control Budget Planning (Budget, Time, Tasks, Costs) Resource identification Cash flow forecasting Budget control and management Cost variance management TARGET COMPETENCIES (Personal and Sociocultural) Generic: All competencies that are common to all professionals (including cognitive and communication abilities, problem solving and analytical mindset) Leadership: Ability to direct, motivate & manage individuals & teams. Commitment: Ability to dedicate to tasks & to project outcomes. Attitude: Ability to create the right frame of mind that promotes integrity & support for achievement of project goals within a social context. Self Direction: Ability to manage within and without guidelines & processes, and to work without supervision. Learning: Ability to commit to continuous improvement in knowledge, skills & attitude, & to creating new knowledge developing skills & approaches. Cultural Empathy: Ability to respect for & accommodation of individual lifestyle, beliefs & norms. Creativity & Innovation: Capacity to generate new ideas/approaches & make them happen. MODES OF DELIVERY Lectures and Tutorials two (2) hours per week Team-based learning and project work two (2) hours per week Reflective learning, in tandem with team and project learning. ASSESSMENT Theoretical Knowledge Formal written mid semester test 2 hours Formal written end-of -semester test - 2 hours 40% of Total Grade (Individual must achieve 10/20 in each test) Team Project Presentation & Team project submissions (formatted as per specification for the same) 45% of Total Grade (Team Score must achieve 22.5/100), Project submissions comprise 3 assignments; each carrying 15 marks (must submit each assignment in specified deadline) Viva (Individual Oral ) Individuals must submit their Final Report on or before Week 14 15% of Total Grade (Individuals must achieve 10 out of 15 marks to pass the unit of study) requirements: Final Individual Report (self reflection and validation of learning outcomes) Individual student must demonstrate level 2 minimum with respect to target learning outcomes Individual student must also demonstrate improvements in socio-cultural and personal capabilities progressively over each successive semester.

3 PRINTED MATERIALS PRESCRIBED FOR THE COURSE Learning material (lecture notes, slides, case study and other material available online). Case project (students own case project subject to endorsement) SELECTED REFERENCES Selected references from EBSCO e-books: Competency Tool Please see Lectures section of SBM1201 unit website on the OLS for the latest recommended textbooks and reading list. PMI, A Guide to Project Management Body of Knowledge (5th edition) Competency Standards in Project Management (obtained from the Australian Institute of Project Management). Larson and Gray (2013). Project Management: The managerial process with MS Project. McGraw Hill (ISBN: ) (available at APIC Library) WEB SITES No single Web site presents all the necessary knowledge that students need to learn and apply. However, opposite are some useful sites to visit. Software Microsoft Project 2013 Students may also wish to use standard software for normal typesetting, graphic design and associated tasks WEEKLY SCHEDULES

4 Week 1 Week 2 Week 3 Week 4 Week 5 Introduction to SBM1201Project/Program Scope, Time and Cost Management Team QA/Work Plan & Case Project Selection Introduction to course aims, objectives, target competencies, learning strategies, resources available, timetable and deliverables, assessment methods and related briefings Briefing on how to conduct each phase and the entire unit of study Lecture 1: Defining project management Lecture 2: Introduction to project scope, time and cost management Guidance on preparation of Team QA/Work Plan/Introduction to Literature on Scope, Time and Cost (STC) Management of Team Case Project, Group work on tutorial 1 Lecture 3: Project scope management Finalisation of teams and case project selection and research and gather relevant Literature on STC management Group work on tutorial 2, present tutorial 1 solutions, Activity 1 Literature Lecture 4: Project time and resources management Lecture 5: Project scheduling, progress monitoring and control Group work on tutorial 3, present tutorial 2 solutions of Progress on Literature on STC Management of Team Case Project & Feedback Lecture 6: Project tools and systems for time planning, scheduling and progress control Group work on tutorial 4, present tutorial 3 solutions of Progress on Literature on STC Management of Team Case Project & Feedback/Present Draft Literature on STC Management of Team Case Project & Feedback Tutorial 4, presentations & feedback Present Final Literature on STC Management of Team Case Project & Feedback Present Final Literature on STC Management of Team Case Project & Feedback Week 6 SBM1201 Test 1 of all past lectures and tutorials/revision and sample test questions Introduction to Activity 2 Team Case Project's STC Management Week 7 (22/04/15) Assignment 2: Project Scope and Time Master Plan SBM1201 Test 1(Mid-Semester Test) Feedback on Mid Semester Test/ of theoretical concepts related to projects Guidance on Activity 2 Team Case Project's ST Management Teamwork under supervision on Team Case Project's ST Management

5 Methodology/Initiation Plan Week 8 Assignment 2: Project Scope and Time Master Plan Week 9 Assignment 3: Week 10 Assignment 3: Week 11 Assignment 3: Lecture 7: Project cost management Progress, Activity 2 Team Case Project's ST Management Work on Activity 2, Activity 2 Team Case Project's ST Management Present Team's Draft Team Case Project's ST Management Methodology/Initiation Plan of theoretical concepts related to projects/teamwork under supervision on Team Case Project's ST Management Methodology/Initiation Plan Lecture 8: Project performance assessment and management Present Assignment 2 Team Case Project's ST Management Methodology & Feedback Introduction to Activity 3, Team Case Project's Project Cost Management Implementation Plan of theoretical concepts related to projects/teamwork on Activity 3 Progress Activity 3, Team Case Project's cost Management Impl. Plan Work on Activity 3, Team Case Project's Cost Management Impl. Plan of theoretical concepts related to projects/present Team Case Project 's Cost Management Methodology/Initiation Plan Guest Lecture: Project Cost Management Implementation Plan Progress Activity 3, Team Case Project's Cost Management Impl. Plan Guidance on Activity 3, Team Case Project's Cost Management Impl. Plan Week 12 Assignment 3: of theoretical concepts related to projects/ Teamwork on Activity 3 Present Team Case Project s Cost Impl. Plan Week 13 Preparation for Presentation and of theoretical concepts related to project of all theoretical and project studies/ Final Self and Peer Revision and sample test questions/compile and present Final Individual Report

6 Week 14 Week 15 Presentation and Presentation and SBM1201 Test 2 (End-of-Semester Test) Individual Viva Presentation Individual Viva Presentation COMPETENCY VALIDATION (via evidence and professional interview) Teamwork A structured learning program will be applied; in summary form it will comprise: An overall process for studying strategic project/program/portfolio management and applying the same to a real life case as advised in the unit s web site; A program of the learning activities which are part of student s Team Workplan and individual competency acquisition which each student need to conduct flexibly within the unit of study timeline as advised in the unit s web site (detailed schedules are to be developed and submitted as part of the Team Work/QA Plan) The assignment Brief which is available as a downloadable file. The Learning activities are designed for each team to develop and evaluate a complete manual* for project/program/portfolio management for their case organisation via the following activities: Start Up Team QA/Workplan & Case Project Selection Case Study, QA/Workplan Activity 1 Literature, Project/Program STC Management Assignment 1 Activity 2 Scope and Time Plan for Case Project Assignment 2 Activity 3 Cost Plan for Case Project Assignment 3 Final Report & assessment Each student must plan to progressively acquire, develop and document the relevant unit of study target competencies. The protocols on the web site for this purpose need to be followed carefully to prepare the required evidence of competency acquisition. The evidence for this unit to comprise a final report in two parts to validate individually the following: specific target unit of study competencies regarding governance and administrative design as well as Leadership and Socio-cultural competencies. These will be assessed separately and both need to show the student s development history using the student s L&D plan as the basis. Refer to the following Schedule of Submissions for submission deadlines* Start-up Activity Team QA/Work Plan & Case Project Selection Week 2 Assignment 1 Literature & Project/Program STC Practice Week 6 Assignment 2 Initiation Plan (Methodology, Process & Data) Practice for Scope and Time Management at Case Project Week 9 Assignment 3 Initiation Plan (Methodology, Process & Data) Practice Week 13 for Cost Management at Case Project Final Individual Self Reflection (Competency ) Week 14 Project/Report Reports *Penalties apply for late submissions. The College reserves the right to refuse to late submissions. **You may submit a single Team QA/Work-plan covering all your units and activities in this semester Academic Integrity and Honesty Following are details and a link to the APIC academic integrity and honesty policy. All students are encouraged to familiarize themselves with the policy, together with other relevant policies, prior to commencing their studies. APIC believes that academic integrity is based on honesty in all scholarly endeavours. Students must conduct themselves in their academic studies honestly and ethically and are expected to diligently acknowledge the work of others in all academic activities.

7 A failure to uphold the College s policies and standards of academic honesty and integrity may result in a finding of academic misconduct which can incur serious penalties including a loss of marks, failure of an assessment, failure of the unit, or expulsion from the College. Academic misconduct includes cheating, collusion, plagiarism, and other conduct that deliberately or inadvertently claims ownership of an idea or concept without acknowledging the source of the information. This includes any form of activity that negates the academic integrity of the student or another student and his or her work. Detailed information about relevant terms, penalties, and the processes for investigating allegations of academic misconduct, and for appealing a finding is provided in the college s policy. The full policy can be found at: