Monash University Handbook 2011 Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

This unit, together with FIT5057 Project management, and FIT5180 Business and legal issues in project management, gives a full coverage of the main areas of Project Management. These units will give students the knowledge and skills needed to work in project planning, project control, or as an entry level project manager in industry. The emphasis in this unit is on the technical aspects of planning and executing projects. It will also cover the important areas of financial calculations, budgets, and decision making.

Objectives

At the completion of this unit students will be able to:

• Prepare project network diagrams and do finite capacity scheduling of projects;
• do project and activity time compression to prepare quotations and meet due dates;
• prepare plans, budgets, and control systems for new projects;
• complete quotation, pricing, financial and profit calculations for projects;
• understand methods of project selection, net present value analysis, decision making, and risk analysis;
• understand the issues involved with project contract administration;
• advise on the issues of Quality Management and the ISO 9000 Standards;
• have a detailed understanding of modern Project Management software.

Assessment

Examination (2 hours): 50%, In-semester assessment: 50%

Chief examiner(s)

Dr Rodney Martin

Contact hours

2 hrs lectures/wk, 2 hr laboratory/wk

Additional information on this unit is available from the faculty at:

http://www.infotech.monash.edu.au/units/fit5178.html