ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | PROJECT AND PORTFOLIO MANAGEMENT IN ORGANISATIONS | ||
Code | EBUS614 | ||
Coordinator |
Mr F Misopoulos Operations and Supply Chain Management F.Misopoulos@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2019-20 | Level 7 FHEQ | First Semester | 15 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
24 |
12 |
36 | ||||
Timetable (if known) | |||||||
Private Study | 114 | ||||||
TOTAL HOURS | 150 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Examination There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): First | 2 hours | 60 | ||||
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Practical and class test There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): First | 3 hours | 40 |
Aims |
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Project management has cemented its position as a key management paradigm, enabling organisations to efficiently achieve their goals in a constantly changing business environment complicated by risks, uncertainties and competitor pressures. The global economy implies yet another level of complexity inherent to the management of large-scale geographically-distributed project teams. This module introduces cutting-edge principles and best practices of project management and discusses how they relate to the competitive product development. The module aims to: Provide students with an understanding of project management and its principles in a contemporary project environment; Introduce students to the terminology used by practitioners in conjunction with the terminology recognised by the Project Management Institute (PMI) and the APM. The first part of the module will cover the five basic process groups of the Project Management Body of Knowledge (PMBOK) guide, n amely, the initiation (scoping), planning, execution (launching), monitoring and control, and closing of projects. The second part of the module will focus on the project management life cycles and strategies, adaptive project management approaches, and project portfolio management. The areas to be covered span state-of-the-art strategies of successful project management, including risk and change management, budget management and quality assurance. Fundamentally, any project implies innovation, because the whole project aim is in creating a unique product, service or process within a given time period and with limited resources and budgets. Students, therefore, will also be given an opportunity to study project management in the context of the product development lifecycle. The module will help students develop all the necessary skills required for a successful start of a project manager’s career. |
Learning Outcomes |
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(LO1) Understand the importance of project management and its relationship to other management disciplines; |
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(LO2) Relate theoretical and practical perspectives to project management; |
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(LO3) Establish a thorough understanding of the components and processes in the project management discipline as well as the interactions between these elements; |
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(LO4) Knowledge of major project management methodologies, PMBOK and Prince 2, as proposed by the largest PM Professional bodies PMI and APM, and how these can be applied to ensure the delivery of projects of any scale; |
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(LO5) Current techniques for managing large-scale projects and programmes; |
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(LO6) Apply a range of techniques to determine, document and refine project goals, performance requirements, deliverables, constraints and risks as well as project schedule, resource budgeting and quality in the lifecycle of a project; |
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(LO7) Evaluate risk and gain understanding of approaches to risk management and contingency planning as well as implementation of change and agility frameworks; |
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(LO8) Understand the concepts behind project quality assurance; |
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(LO9) Understand the role and responsibilities of the principle project participants with a focus on the role of the project manager in the life of a project and continue to advance their knowledge and understanding, and to develop new skills to a high level; |
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(LO10) To introduce current and recent research in the field of project management; |
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(LO11) Apply project management software tools to project planning and execution, such as Microsoft Project to manage projects. |
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(S1) Adaptability |
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(S2) Problem solving skills |
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(S3) Numeracy |
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(S4) Commercial awareness |
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(S5) Teamwork |
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(S6) Organisational skills |
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(S7) Communication skills |
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(S8) IT skills |
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(S9) International awareness |
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(S10) Lifelong learning skills |
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(S11) Ethical awareness |
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(S12) Leadership |
Teaching and Learning Strategies |
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Lectures x 24 hours Laboratory Work x 12 hours Self-directed Learning x 114 hours |
Syllabus |
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Principles of Project Management: Introduction to project management; defining a project; Project selection and initiation: Project characteristics, types and goals; Planning and execution: project management processes in detail: Project definition and planning; define, analyse, refine and document project requirements, assumptions and constraints; Risk management in detail and alternative PM approaches: Assess and document project risks; Large-scale projects, programmes, portfolios and sustainability: Programmes and portfolio management; Enterprise project management (EPM): Three tiers of EPM; |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |