PROJECT MANAGEMENT & RISK

SHE Level 5
SCQF Credit Points 20.00
ECTS Credit Points 10.00
Module Code MMN223835
Module Leader Shariq Sheikh
School Glasgow School for Business and Society
Subject Management
Trimesters
  • B (January start)
  • A (September start)

Pre-Requisite Knowledge

N/A

Summary of Content

The ability to effectively manage projects is a key skill for managers in today's workplace. This module introduces students to the key aspects and fundamental activities that take place within project management, including how to analyse and manage risk within business operations and supply chain projects. The module syllabus introduces students to the main phases of the project life cycle and provides an awareness of the issues involved in project planning and control in both small and large-scale projects. Students also develop an understanding of the principles of risk in the context of project management. In addition to developing an understanding of the theoretical aspects of project management and its associated risk, students will use the latest project management software to set-up, manage and control projects and risk management tools to assess, identify, analyse and contain risk. The module is an essential component of the Programme as the subject content is required for CIPS, CILT and IOM accreditation.

Syllabus

-357b7 Introduction to project management for business operations and supply chain: -357b7 Project management terminology, project attributes, constraints, resources, scheduling, causes of project failure, project stakeholders b7 Understand fundamentals of graphical tools such as Gantt charts, critical path analysis and PERT. -357b7 Managing the stages of a project: -360b7 Overview of the project lifecycle b7 Activities involved in the main stages of a project including: -360 o Initiation - identifying needs, setting objectives, project scope, proposals o Planning - defining activities, scheduling and resource considerations, costs o Implementation and monitoring project performance o Termination - handover and evaluation, project auditing -360b7 Evaluation of trade-off between project objectives of cost, time and quality. -360b7 Approaches to project management eg Prince2, Six Sigma, Lean, Agile, PMBOK b7 Managing large and international projects for business operations and the supply chain -work breakdown, work package management, managing projects across and between organisations b7 Identifying and managing risk within operations and supply chain projects: -360b7 Overview of different types of risk b7 Identify, analyse and assess risk within projects b7 Strategies to deal with risk, including identifying risk; assessing and evaluating risk; quantifying and prioritising risk; actions to deal with risk; justification for risk-driven management decisions -360b7 Practical project management - using relevant, up-to-date project management software to -357b7 Plan and set up projects, including scheduling and resourcing -360b7 Deal with scheduling and resourcing problems including staff and costs b7 Produce a project plan with effective budgeting b7 Track the progress of a project -360b7 Risk management tools and techniques eg scenario planning, network modelling, sensitivity analysis

Learning Outcomes

On successful completion of this module, the student should be able to:1 Demonstrate a broad knowledge and understanding of appropriate terminology, concepts, attributes and constraints involved in the management of projects2 Develop a critical awareness of the key activities involved in managing the main phases of business operations and supply chain projects together with associated issues, from both a theoretical and practical perspective3 Demonstrate a critical understanding of the different approaches and methodologies used in project management 4 Identify, analyse and critically assess risks commonly associated with business operations and supply chain projects, and develop the ability to apply different strategies to deal with risk5 Using up-to-date project management and risk management software, develop appropriate skills to plan, set-up, control and manage projects within constraints of time and cost, as well as analyse and manage any associated risk

Teaching / Learning Strategy

The module will be delivered in 36 lectures and seminars. In addition, 8 hours of tutor-led activities will be delivered using applied learning strategies. Theoretical principles, practices and techniques will be developed and taught through formal lectures and seminars as well as through directed learning. Within seminars, concepts will be analysed in greater detail through student-centred learning and case studies will be used to analyse various aspects of the management of projects and risk within organisations. In lab classes students will use up-to-date software and develop practical IT skills in project and risk management using case projects. Guest speakers will provide a greater understanding of practical issues involved in managing projects. GCU Learn is used as a supplementary source of course information and materials, and directed learning. The assessment strategy encourages students to apply theoretical concepts and demonstrate practical skills associated with the management of projects and associated risk. GSBS will continue to use the advancement of GCU Learn as a blended learning tool through its teaching and learning as well as through engagement with students. GSBS will ensure that all modules are GCU Learn enabled and with the support of the Learning Technologists at the cutting edge of development of online materials. Academic staff and the Learning Technologists will continue to work together to develop and operate all modules on GCULearn to ensure student support and information sharing.

Indicative Reading

-360b7 Ayers J.B. (2010) Supply Chain Project Management. CRC Press -360b7 Burke R (2009), Fundamentals of Project Management: Tools & Techniques, 2 nd Edition, Burke Publishing b7 Burke R (2003), Project Management Planning & Control Techniques, 4 th Edition, John Wiley & Sons b7 Chapman C & Ward S (2003), Project Risk Management: Processes, Techniques & Insights, 2 nd Edition, John Wiley & Sons b7 Chatfield C & Johnson T (2010), Microsoft Project 2010 Step-by-Step, Microsoft Press b7 Cohen S. & Rousel J. (2005) Strategic Supply Chain Management. McGraw Hill b7 Cousins P., Lamming R., Lawson B. & Squire B (2008) Strategic Supply Management: Principles, Theory & Practice. Prentice Hall. b7 Gatorna J (1995) Strategic Supply Chain Alignment. Gower Publishing b7 Gido J & Clements J (2011), Effective Project Management, 5 th Edition, South Western College Publishing b7 Gray C & Larson E(2011), Project Management - The Managerial Process, 5 th Edition, McGraw-Hill b7 Kaye D. (2008) Managing Risk and Resilience in the Supply Chain. BSI b7 Marmel E (2010), Project 2010 Bible, John Wiley & Sons b7 Maylor, H; Project Management, Prentice Hall, 3 rd Ed, 2006. b7 Pinto, J.K, Project Management. Achieving competitive Advantage. 2 nd Ed Pearson Prentice Hall 2010 b7 Waters D (2007) Supply Chain Risk Management. Kogan Page. b7 Wu T. & Blackhurst B. (2008) Supply Chain Risk. Springer Zsidisin G. & Ritchie B. (2008) Supply Chain Risk. Springer

Transferrable Skills

-357 - Knowledge and understanding of project management - IT skills using up-to-date project and risk management software - Planning, time management, critical reflection and self-evaluation of own learning and development -360 - Critical thinking, analysis and problem solving within the context of project management - Effective communication skills: written, oral, listening and participation - Independent, team working and interpersonal skills Research, IT and literature searching skills.

Module Structure

Activity Total Hours
Practicals (PT) 20.00
Assessment (PT) 48.00
Lectures (FT) 24.00
Practicals (FT) 20.00
Assessment (FT) 48.00
Independent Learning (PT) 108.00
Lectures (PT) 24.00
Independent Learning (FT) 108.00

Assessment Methods

Component Duration Weighting Threshold Description
Course Work 01 n/a 50.00 45% Individaul Report/Essay 2000 words
Course Work 02 n/a 50.00 45% Practical Assessment