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FIT5057 Project management - Summer semester, 2015

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 Summer semester B (Day)

Workload Requirements

Minimum total expected workload equals 12 hours per week comprising:

(a.) Contact hours for on-campus students:

  • 2 hours of lectures
  • One 1-hour tutorial

(b.) Study schedule for off-campus students:

  • Off-campus students generally do not attend lecture and tutorial sessions, however should plan to spend equivalent time working through the relevant resources and participating in discussion groups each week.

(c.) Additional requirements (all students):

  • A minimum of 9 hours independent study per week for completing lab and project work, private study and revision.

See also Unit timetable information

Unit Relationships

Prohibitions

FIT5022, MBA9052

Chief Examiner

Campus Lecturer

Caulfield

Karan Pedramrazi

Your feedback to Us

Monash is committed to excellence in education and regularly seeks feedback from students, employers and staff. One of the key formal ways students have to provide feedback is through the Student Evaluation of Teaching and Units (SETU) survey. The University’s student evaluation policy requires that every unit is evaluated each year. Students are strongly encouraged to complete the surveys. The feedback is anonymous and provides the Faculty with evidence of aspects that students are satisfied and areas for improvement.

For more information on Monash’s educational strategy, see:

www.monash.edu.au/about/monash-directions/ and on student evaluations, see: www.policy.monash.edu/policy-bank/academic/education/quality/student-evaluation-policy.html

Previous Student Evaluations of this Unit

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

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

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  
2 Organisational structures  
3 Planning  
4 Network Scheduling Techniques In class test 1
5 Cost Control  
6 Pricing and Estimating Assignment 1 due
7 Risk Management I  
8 Risk Management II  
9 Organising and Staffing the Project Office and Team  
10 Time Management and Working with Executives Assignment 2 due
11 Management Functions  
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.

Teaching Approach

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

Assessment Summary

In-semester assessment: 100%

Assessment Task Value Due Date
Test 1 25% Day 4 (15 Jan)
Assignment 1 25% Day 6 (22 Jan)
Assignment 2 25% Day 10 (5 Feb)
Test 2 25% Day 12 (12 Feb)

Assessment Requirements

Assessment Policy

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:
    Day 4 (15 Jan)
  • Assessment task 2
    Title:
    Assignment 1
    Description:
    In syndicates of 4 students are to submit:
    • Business Case
    • Gantt chart depicting the project
    • Organization chart
    • Minutes
    • peer reviews
    Weighting:
    25%
    Criteria for assessment:

    Identify key elements of the business case template to include:

    • Planning
    • Schedule
    • Staffing
    • Planning

    Expected (not actual) business benefits (through KPIs)

    Demonstrate depth and breadth of reading to include a comprehensive reference list

    • Use API referencing style for all references in body of text and in reference list
    • include readings from: Journals, Conference proceedings, presentations, books or book chapters, or significant other sources (whitepapers need to be assessed) – magazines articles should be discarded
    Due date:
    Day 6 (22 Jan)
  • 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. Pricing and Estimating

    2. Develop risk management plan for the project
    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:
    Day 10 (5 Feb)
  • 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:
    Day 12 (12 Feb)

Learning resources

Reading list

Prescribed text:

Project Management: A Systems Approach to Planning, Scheduling, and Controlling, by Harold Kerzner, 2013, 11th edition, John Wiley & Sons, Australia.    

OR

Project Management: A Systems Approach to Planning, Scheduling, and Controlling, by Harold Kerzner, 2009, 10th edition, John Wiley & Sons, Australia.




Recommended texts

1- Project Management Workbook and PMP/CAPM Exam Study Guide, Harold Kerzner and Frank P. Saladis, 11th edition 2013, John Wiley.

2- A Guide to the Project Management Body of Knowledge, PMBOK fifth edition. 2013. Project Management Institute. (Available as an e-book)

3- Information Technology Project Management, Kathy Schwalbe, 7th edition, 2013.
OR Information Technology Project Management, Kathy Schwalbe, 6th edition, 2010.

Monash Library Unit Reading List (if applicable to the unit)
http://readinglists.lib.monash.edu/index.html

Faculty of Information Technology Style Guide

Feedback to you

Examination/other end-of-semester assessment feedback may take the form of feedback classes, provision of sample answers or other group feedback after official results have been published. Please check with your lecturer on the feedback provided and take advantage of this prior to requesting individual consultations with staff. If your unit has an examination, you may request to view your examination script booklet, see http://intranet.monash.edu.au/infotech/resources/students/procedures/request-to-view-exam-scripts.html

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/student-academic-integrity-managing-plagiarism-collusion-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). Please note that it is your responsibility to retain copies of your assessments.

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

Monash has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and to provide advice on how they might uphold them. You can find Monash’s Education Policies at: www.policy.monash.edu.au/policy-bank/academic/education/index.html

Key educational policies include:

Faculty resources and policies

Important student resources including Faculty policies are located at http://intranet.monash.edu.au/infotech/resources/students/

Graduate Attributes Policy

Student Charter

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.

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