This module explores the fundamentals of project management and the key aspects of project control – scope, time, and cost. We will explore each of these in turn and consider their interaction on each other and the overall performance of the project.
We will define what a project is – and what project management is – as a distinct leadership and management methodology that is fundamentally different to more generic business management methodologies. You will consider how a project is defined – its scope – and how that early statement of project inclusions, exclusions and important parameters sets the basis against which we develop and deliver the project.
You will then move on to considerations of project time and how the various activities delivered as a part of the project relate to each other and dictate the overall project duration. In doing so, the concept of the critical path will be introduced. This is the path on which any delay to an activity will result in a delay to your project. While considering time and the schedule for the project, you will explore techniques for resource allocation to the schedule such that durations are representative of what needs to happen in practice.
We will consider project cost estimating techniques and the considerations a project manager must focus on before finally bringing time and cost together and exploring a commonly used technique to assess project schedule and cost performance, and estimate just how far over or under budget and how far over or under schedule the project is likely to be at completion.
Evolve with QUTeX
- What is a project?
- Project scope
- Project time management I: Project schedules
- Project time management II: Resource allocation, smoothing and levelling
- Project time management III: Time control
- Project cost management
- Earned value management - Measuring project performance