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FIT5057 Project management - Semester 1, 2013

This unit focuses on a holistic approach to project management. It provides students with a high level of understanding of the processes of project management, as well as sound skills in use of project tools. Proficiency in using key tools and concepts could give students a significant competitive advantage in the market place. The content deals with: concepts and definitions; organising and staffing the project office and team; planning, scheduling techniques; cost control; risk management; contracts and procurement; etc. Case studies, articles of interest that may appear in current media, and students own work experiences with project management, will be discussed in the class to optimise the learning opportunity in the unit. After completing this unit students are eligible to sit the exam for PMP and CAPM organised by PMI (Melbourne Charter) at no additional cost to them (apart from the administrative fee for sitting the exam).

Mode of Delivery

Caulfield (Day)

Contact Hours

2 hrs lectures/wk, 1 hr tutorial/wk

Workload requirements

Student commitments total 12 hours per week, including:

  • 2 hours lecture.
  • 1 hour tutorial.
  • 4 hours of personal study.
  • 5 hours of readings, lab exercises and group discussions.

Unit Relationships

Prohibitions

BUS5150, FIT5022, MBA9052, GCO5807

Prerequisites

Students must be enrolled in a post graduate course to undertake this unit.

Chief Examiner

Campus Lecturer

Caulfield

Joze Kuzic

Academic Overview

Learning Outcomes

At the completion of this unit students will be able to:
  • examine and describe the concepts, techniques, and decision tools available to project managers;
  • demonstrate the importance of strategy and prioritising for effective resource allocation and balancing a portfolio of projects;
  • assess and synthesise diverse information for an integrative project management;
  • create and critically evaluate innovative ideas and strategies within ambiguous and uncertain business environments.

Unit Schedule

Week Activities Assessment
0   No formal assessment or activities are undertaken in week 0
1 Overview of Project Management No tutorial in week 1
2 Project Management Growth: Concepts and Definitions Tutorial on exercises/case studies
3 Organisational structures Tutorial on exercises/case studies
4 Planning In class test 1
5 Cost Control Tutorial on exercises/case studies
6 Pricing and Estimating Assignment 1 due
7 Risk Management Tutorial on exercises/case studies
8 Network Scheduling Techniques Tutorial on exercises/case studies
9 Organising and Staffing the Project Office and Team Assignment 2 due
10 Time Management and Working with Executives Tutorial on exercises/case studies
11 Management Functions Tutorial on exercises/case studies
12 Legal Issues in Project Management In class test 2
  SWOT VAC No formal assessment is undertaken in SWOT VAC
  Examination period LINK to Assessment Policy: http://policy.monash.edu.au/policy-bank/
academic/education/assessment/
assessment-in-coursework-policy.html

*Unit Schedule details will be maintained and communicated to you via your learning system.

Assessment Summary

In-semester assessment: 100%

Assessment Task Value Due Date
Test 1 25% Week 4 Tutorial
Assignment 1 25% Week 6 Tutorial
Assignment 2 25% Week 9 Tutorial
Test 2 25% Week 12 Tutorial

Teaching Approach

Lecture and tutorials or problem classes
This teaching and learning approach provides facilitated learning, practical exploration and peer learning.

Assessment Requirements

Assessment Policy

Faculty Policy - Unit Assessment Hurdles (http://www.infotech.monash.edu.au/resources/staff/edgov/policies/assessment-examinations/unit-assessment-hurdles.html)

Academic Integrity - Please see the Demystifying Citing and Referencing tutorial at http://lib.monash.edu/tutorials/citing/

Assessment Tasks

Participation

  • Assessment task 1
    Title:
    Test 1
    Description:
    Class test based on lectures and topics covered up to this point in the semester.
    Weighting:
    25%
    Criteria for assessment:

    - Correct answers to questions (demonstrates understanding of learning materials).

    - Quality of solutions to problems (demonstrates understanding of learning materials).

    Due date:
    Week 4 Tutorial
  • Assessment task 2
    Title:
    Assignment 1
    Description:
    In syndicates of 4 students are to submit:

    1.Project proposal, in which they have to explain the project they want to undertake, why they want to do it, who is going to do what, how they are going to do it, and when the project will take place; and

     2. Statement Of Work (SOW)

    The assignment will have to be between 2,000 and 2,200 words.
    Weighting:
    25%
    Criteria for assessment:

    Ability to develop a meaningful proposal and SOW, adhearing to all of the specified requirements.

    Each syndicate will have to submit the division of the work on the assignment, for each syndicate member.

    The tutors will use this information to assess individual contributions when allocating marks to syndicate members.

    Due date:
    Week 6 Tutorial
  • Assessment task 3
    Title:
    Assignment 2
    Description:
    Continuing to work in syndicates of 4, and assuming that the project proposal has been given a go ahead, students will have to:

    1. Price out the project, and  

    2. Develop risk management plan for the project (including identifying, analysing, and responding to possible project risks).

    The assignment will have to be between 2,000 and 2,200 words.
    Weighting:
    25%
    Criteria for assessment:

    Ability to price out the project and develop a meaningful risk management plan, adhearing to all of the specified requirements.

    Each syndicate will have to submit the division of the work on the assignment, for each syndicate member.

    The tutors will use this information to assess individual contributions when allocating marks to syndicate members.

    Due date:
    Week 9 Tutorial
  • Assessment task 4
    Title:
    Test 2
    Description:
    Class test based on lectures and topics covered up to this point in the semester.
    Weighting:
    25%
    Criteria for assessment:

    - Correct answers to questions (demonstrates understanding of learning materials).

    - Quality of solutions to problems (demonstrates understanding of learning materials).

    Due date:
    Week 12 Tutorial

Learning resources

Monash Library Unit Reading List
http://readinglists.lib.monash.edu/index.html

Feedback to you

Types of feedback you can expect to receive in this unit are:
  • Informal feedback on progress in labs/tutes
  • Test results and feedback

Extensions and penalties

Returning assignments

Assignment submission

It is a University requirement (http://www.policy.monash.edu/policy-bank/academic/education/conduct/plagiarism-procedures.html) for students to submit an assignment coversheet for each assessment item. Faculty Assignment coversheets can be found at http://www.infotech.monash.edu.au/resources/student/forms/. Please check with your Lecturer on the submission method for your assignment coversheet (e.g. attach a file to the online assignment submission, hand-in a hard copy, or use an online quiz).

Online submission

If Electronic Submission has been approved for your unit, please submit your work via the learning system for this unit, which you can access via links in the my.monash portal.

Recommended Resources

Microsoft Project, or similar software.

Microsoft Project can be obtained from:

http://infotech.monash.edu/itsupport/msdnaa.html

Other Information

Policies

Graduate Attributes Policy

Student services

Monash University Library

Disability Liaison Unit

Students who have a disability or medical condition are welcome to contact the Disability Liaison Unit to discuss academic support services. Disability Liaison Officers (DLOs) visit all Victorian campuses on a regular basis.

Your feedback to Us

Previous Student Evaluations of this Unit

Based on previous student feedback this unit is well structured and no changes have been made this semester.

If you wish to view how previous students rated this unit, please go to
https://emuapps.monash.edu.au/unitevaluations/index.jsp

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