Throughout MGT 751 Project Management you’ll gain insight into the evolving term of project management (PM). In today's organizations, project managers are in a strategic role with a multitude of functions that greatly impact technology and global competition. You’ll learn to effectively apply important terminology, facts, concepts, principles, analytic techniques, and theories in the field of project management. Coursework focus is on the integration of important facts, concepts, principles, and theories in the field of project management when developing solutions to multifaceted project management problems and complex factual situations.
You’ll understand "best-practice" guidelines to initiate, plan, execute, control, and close a project, as well as how to incorporate project management skills into personal work situations. Regardless of your position or size of organization, you’ll also gain an awareness of the importance of project management for employees at all levels. Upon completion of the course, you’ll have fine-tuned knowledge of the concepts, processes, and tools in the management of project scope, time, cost, quality, human resources, communications, and risk. You’ll confidently correlate key concepts with real, work-life experiences through discussion and class activities.
Coursework is designed for engagement and collaboration. Here are examples of some of the assignments you may complete as part of MGT 751 Project Management.
- Answer weekly project management discussion questions with a well-formulated, researched, and documented thesis. Also, respond to classmates’ answers with thoughtful and substantial posts.
- Complete a team, house construction project in five parts that proves you can devise a work breakdown structure, create a project budget and schedule, and conduct a risk analysis.
- Write weekly journal postings that demonstrate your understanding of the assigned project management reading or media with insightful and analytical responses.
Each week of this course focuses on a different theme. Your class discussions, individual and team assignments, and journals will align with the week’s theme as well as its primary objectives. All weekly course material is proposed and subject to change.
Week 1 – Why Project Management?
During the introduction week, you’ll learn that project management is a specialized discipline that is as much about leadership and team building as project structure and scope. In addition to understanding project management methodologies, you’ll be able to:
- Demonstrate the life application of project structure and project management.
- Discuss the challenges and importance of effective project management.
- Illustrate the importance of identifying, evaluating, and managing key project stakeholders.
- Compare and contrast the basic forms of organizational structure and project implications.
- Describe how corporate cultures are formed and how they affect project management practices.
Week 2 – Project Leadership and Team Building
In week two, you’ll distinguish between a leader and a manager, along with review the stages of team formation, conflict resolution, and negotiation skills. Among many things, you’ll learn to:
- Examine how project management is a "leader intensive" profession.
- Discuss the steps involved in team building and the stages of group development.
- Identify the characteristics of effective project teams, and why teams fail.
- Explain the nature of conflict and evaluate response methods.
- Outline the importance of negotiation skills in project management.
Week 3 – Planning: Scope Management
Throughout week three, you’ll discuss project selection techniques and items that define project scope. Among many project planning and scope management skills, you’ll learn to:
- Define project scope.
- Describe the importance of scope management.
- Understand a Statement of Work and Scope Statement.
- Construct a Work Breakdown Structure (WBS).
- Develop a Responsibility Assignment Matrix (RAM).
Week 4 – Planning: Risk Management and Cost Management
During the midpoint week of the course, you’ll address the risk management and budgeting of planning. You’ll understand how project management deliverables in the planning phase build on each other, as well as be able to:
- Define project risk and risk management.
- Create a risk management plan for a project.
- Summarize the various types and forms of project costs.
- Apply common forms of cost estimation for project work.
- Discuss budgeting and create a budget for a project.
Week 5 – Planning: Project Scheduling
As you progress to week five, you’ll determine the relationship between the tasks you identified in a WBS, as well as apply a timeframe to complete each task. In addition to a full understanding of the critical path, you’ll learn to:
- Identify key scheduling concepts and terminology.
- Create an activity network.
- Construct the critical path for a project schedule network using forward and backward passes.
- Apply lags and leads to a project schedule.
- Construct and comprehend a project schedule (Gantt chart).
Week 6 – Planning: Project Management and Resource Management
In week six, you’ll explore the management of various project resources, like people, equipment, software, and time. In addition to learning how to deal with planning and executing constraints, you’ll be able to:
- Describe the concepts of critical chain project scheduling.
- Distinguish between critical chain and critical path project scheduling.
- Describe the variety of constraints that can affect project scheduling and planning.
- Properly allocate resources throughout the project.
- Apply resources to a project schedule and understand the implications of resource leveling.
Week 7 – Project Execution and Control
Throughout this week, you’ll move from the planning phase to the execution phase of the project. In addition to a focus on project control process creation, you’ll be able to:
- Explain milestone analysis and tracking Gantts.
- List the 10 critical project success factors.
- Describe the nature and necessity of project control in PM.
- Apply the concepts of earned value management (EVM).
- Discuss the project management code of ethics (from PMI).
Week 8 – Project Closeout
During the last week, you’ll learn that the process of how to end a project is almost as important as knowing which projects to start. Among many things associated with proper project closeout, you’ll be able to:
- Explain why projects are terminated.
- Facilitate a post-project audit (post-project review, post mortem, or lessons learned).
- Explain the lessons taught by each project (what went well vs. what did not go as well).
- Ensure information from the audit gets passed on through the organization.
- Compare and contrast Waterfall and Agile project management.