Module Details
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 MANAGING ORGANISATIONAL RESOURCES
Code CKIT552
Coordinator Prof FP Coenen
Computer Science
Coenen@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2016-17 Level 7 FHEQ Whole Session 15

Aims
 
 
1.   To provide students with IT backgrounds with a sound foundation in accounting and finance for the non-specialist. 
 
2.   To provide students with a concise understanding of the terminology of accounting and finance, so that they can communicate with specialists.
 
3.   To provide students with an appreciation of how accounting and finance can have significant benefits, in terms of improving business efficiency, competitiveness, and investment returns.
 
4.   To provide students with sufficient background to enable them to utilise what they have learned in business and commercial settings.

 

Learning Outcomes
A critical understanding of finance and accounting concepts

A critical understanding of financial management practices with respect to evaluating, financing, and managing IT projects.

 

An ability to analyse company financial statements so as to evaluate the financial performance of companies, especially technology companies.

 

An understanding of a variety of approaches and methods used in operations management, and the issues surrounding such approaches and methods.

 
An understanding of a representative range of tools and techniques used in managerial accounting and management information systems.

Syllabus
1 

Week 1:  Introduction to Accounting and Finance

Terminology of accounting and finance. Analysis of the different types of accounting information that is available. Impact of current regulatory framework on: concepts of accounting and finance, financial statements using balance sheet and evaluate financial performance.

 

Week 2:  Financial Analysis

The links between financial statements and there interpretation. Accounting for limited companies with respect to: accounting practices, cash flow statements and the use of ratios to evaluate financial statements.

 

Week 3:  Fundamentals of Managerial Accounting

Central managerial accounting issues, cost behaviour, margin analysis, costing systems, and budgeting.

 

Week 4:  Fundamentals of Financial Management

The concept of relevant costs for decision-making purposes and critically examination of alternative investment appraisal techniques. Introduction to working capital management, and available sources of capital to finance businesses.

 

Week 5:  Introduction to Operations M anagement

The fundamentals of Operations Management (OM) in the context of service and manufacturing industries. Trends and strategies in OM in the international context.

 

Week 6:  Strategic Allocation of resources and Project Management

Strategic allocation of resources and project management. Linear programming as a tool for optimal resource allocation. PERT/CPM project management techniques. Production Operations Management (POM) software for the analysis of business problems in the context of linear programming and project management.

 

Week 7:  Wa iting Line Models, Demand Forecasting and Quality Systems

Queuing and forecasting models available to solve problems for waiting lines and demand forecasting. Total Quality Management. The use of POM software in the context of waiting line and demand forecasting problems.

 

Week 8:  Inventory Management and Supply Chain Management

Inventory models. Just-in-Time production systems and Materials Requirements planning. The concept of Supply Chain Management and its relationship to E-commerce. The use of POM software in the context of inventory management problems.

Teaching and Learning Strategies

Virtual classroom hours (for online modules) -

Number of hours per week, per student expected in the virtual classroom in discussion, dedicated to group work and individual assessment is 8.75.

Non-classroom hours (for online modules) -

Number of hours per week, per student expected for reading, research and other individual work to support engagement in the classroom is 10.

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours           70

80

 150
Timetable (if known)           Number of hours per week, per student expected in the virtual classroom in discussion, dedicated to group work and individual assessment is 8.75.
Number of hours per week, per student expected for reading, research and other individual work to support engagement in the classroom is 10.
  		 
Private Study 0
TOTAL HOURS 150

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Coursework  Weekly Discussion Qu  Whole Session  40  Yes  Standard UoL penalty applies  Assessment 1 
Coursework  Weekly Coursework as  Whole Session  30  Yes  Standard UoL penalty applies  Assessment 2 
Coursework  3 weeks project work  Whole Session  30  Yes  Standard UoL penalty applies  Assessment 3 Notes (applying to all assessments) 1) Due to nature of the on-line mode of instruction this work is not marked anonymously. 2) Students who fail the module have the opportunity to repeat the entire module, thus all failed assessments. 3) The "Standard UoL Penalty" for late submission that applies is the "Standard UoL Penalty" agreed with respect to online programmes offered in collaboration with Laureate Online Education. 

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.
Explanation of Reading List: