Project Management
Ing. Lucie Reczková
Project Management
Info
Období
zima 2022
About the course in more details

The aim of this course is:

to introduce the basic terms in the field of project management and specify their meaning. Basic information about the process model of project management and an overview of its main parts will be introduced. Furthermore, the most common problems of project management will be identified. The course will also tackle the personal requirements and characteristics of a project manager, the possibilities to increase their qualifications and career growth, as well as the performance ethics of the project manager.

After completing the course, students will be able to:

understand project characteristics, life cycles, and different project phases;

- understand the concept of project organization and feasibility analysis;

- apply project techniques for project planning, execution, and control;

- determine resources with regard to project completion factors, determine dependencies and duration of tasks using software support;

- apply the risk management plan and analyze the role of stakeholders;

- understand differences in project standards with the extension of agile project management.

Course organisation

Lectures

The lectures will introduce the fundamentals of project management, along with selected methodological procedures and project techniques that can be used to create and successfully manage a project.

Seminars

The content of the seminars is based on the gradual creation of the project (active work with a template of seminar work).

Seminar

Topic

Technique used

Activities

1

Project triple imperative

project - tomorrow day (waterfall type)

The logic of compiling activities, budget, risks, the goal of the day

 

Choose a project topic (what is appropriate to use as a project-feedback with the teacher)

brainstorming in groups

10 minutes to write down ideas, students choose about 3 options and then determine the "+" and "-" of their idea (advantages and disadvantages, whether it is feasible to implement it as a project)

2

Compliance check - tomorrow's project goals

feedback

Discussions, implementation problems, learning from mistakes

 

Work on point no. 1 Project definition (being processed 1.1 to 1.5)

SMART - setting the goal of the project; Organizational structure of the project (diagram); RACI matrix

Preparation of the project goal, determination: of results, benefits of the project, identification of the main target group, the definition of the problem solution (which will be solved through the project)

3

Check if sections 1.1 to 1.5 are complete

feedback

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

 

The logical framework of the project (LFM), point no. 1.6

logical framework matrix (LFM)

Students compile LFM - horizontal and vertical logic in the matrix (achieving the goal, dividing the project into parts, identification of outputs). The logic, if it is fulfilled, I can move on to the project solution.

4

Check if the LFM is complete

feedback

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

 

Project structure (points 2.1 to 2.4)

decision analysis

Students compile variants of problem-solving options: 1. I do nothing = current situation, 2. I do minimum = minimal change, 3. I do something = a fundamental change that causes benefits and brings a new result/output

5

Check if points 2.1 to 2.4) are complete

feedback, emphasis on awareness of variants (possibilities) and associated advantages/disadvantages

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

 

Project schedule (point no. 2.5)

Gantt Chart

Use of MS Project (start of the project, setting the calendar, division of the project into main and partial tasks, chronology (continuity) of tasks, setting milestones, critical paths

6

Project schedule (point no. 2.5)

Gantt Chart

Use of MS Project (start of the project, setting the calendar, division of the project into main and partial tasks, chronology (continuity) of tasks, setting milestones, critical paths

 

 

Work Breakdown Structure (WBS), Gantt Chart

Use of MS Project, a compilation of WBS, work with Gantt chart

7

Checking the project schedule (point no. 2.5) - finished Gant Chart, WBS

feedback - emphasis on logic and chronology of activities, links between tasks, timeline

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

 

Project costs (point no. 2.6)

project budgeting techniques (according to stages, according to the package of works, according to direct/indirect costs)

Selection of a suitable technique for determining the project budget (students do not have to use all of them, just one, but well-designed). Brainstorming within teams, discussion, decision making, data acquisition

8

Project costs (point no. 2.6)

Selection of a suitable technique for determining the project budget (students do not have to use all of them, just one, but well-designed). Brainstorming within teams, discussion, decision making, data acquisition

 

Extension to sub-budgets (points 2.6.2 to 2.6.4)

budget for tolerances (reserves) changes to budget, and budget for risks - this is supplemented only after the risk analysis

Brainstorming within teams, discussion, decision-making, and data acquisition.

9

Return on investment (point 2)

Return on Investment Method - ROI
Payback Method
Net Present Value on Investment (NPV) method
Internal Rate of Return (IRR) method
Cost-output evaluation methods
Cost-benefit method - Cost-Benefit Analysis                                          All methods are presented in more detail in the lecture

Selection of a suitable method for calculating the return on investment (the main purpose of the project - must have a certain benefit plus return on investment). Not all methods need to be applied, just choose one suitable method and justify the result.

10

Checking project costs and return on investment

feedback

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

 

Project product description (points 3.1 to 3.4)

drawing, or creation of a prototype/model of the project product

Creative techniques - what the final product of the project will look like, its composition. It can be a photo of a model, drawing, prototype, etc. The goal is to have a clear idea of ​​what the final product of the project should look like and what it will consist of.

11

Description of the project product (points 3.5 to 3.8)

Product user empathy map, Value Added Canvas can also be used

Students will compile a map of project user empathy, expectations for quality, acceptance criteria, quality tolerance, responsibility for product acceptance

12

Checking the product description (whole point no. 3)

feedback

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

 

Identification of threats and risks of the project (point no. 4 of the template)

RIPRAN

The individual steps for the identification of threats and subsequent risks (RIPRAN), the definition of the impact of the risk, the determination of measures against threats, and the determination of the method of risk mitigation, including costs and liability, are compiled.

13

Conclusion - evaluation, and summary of the main findings of the project (point no. 5 of the template). The final presentation of your project (defense).

Summarization of information (deductive logic)

Interpretation of data and information: the project is desirable - costs vs. benefits vs. risks; viability of the project, whether the project will deliver outputs, results, and whether the project is achievable - the results of the project will provide benefits.  Presentation of the project.

Communication

You can contact me through my email reczkva@opf.slu.cz or 

meet me during my office hours every Wednesday from 8:30 to 10:05 am or

through a chat.


Literature

Key Readings

Compulsory:

KERZNER, H. 2017. Project Management: A Systems Approach to Planning, Scheduling, and Controlling. Hoboken, New Jersey: John Wiley & Sons, Inc. ISBN 978-1-119-16535-4.

LAYTON, M. C. and S. J. OSTERMILLER, 2017. Agile Project Management. Hoboken, New Jersey: John Wiley & Sons, Inc. ISBN 978-1-119-40569-6.

PMBOK® Guide. 2017. A Guide to the Project Management Body of Knowledge. Pennsylvania, USA: Project Management Institute. ISBN 978-1-62825-184-5.

Recommended:

AXELOS. 2017. Managing Successful Projects with PRINCE2®. United Kingdom: The Stationary Office. ISBN 978-0-113-31533-8.

HELDMAN, K. 2018. PMP: Project Management Professional Exam Study Guide. Indianapolis, Indiana: John Wiley & Sons, Inc. ISBN 978-978-1-119-42090-3.

MORAN. A. 2015. Managing Agile: Strategy, Implementation, Organisation and People. Springer. ISBN 978-3-319-16261-4.

Course completion conditions
1. Seminar paper – upload (doc/pdf file) to Information System (homework vaults) – deadline 18th of December 2022.

2. Presentation of seminar paper – According to the schedule. It will be a 10-15 minute presentation.

3. Case Study – upload (doc/pdf file) to Information System (homework vaults) – deadline 18th  of December 2022.

4. Final exam (in the examination period. The dates and form of the test and supplementary questions will be announced during the last week of the semester, week 13).

Individual marking (max 100 points):

Seminar paper:                       20 points

Defense of seminar paper:   15 points

Case study:                              10 points

Exam:                                        55 points

The final grade is the sum of all parts (seminar paper and defense of seminar paper, case study, and exam).


GradePoints
A100-92
B91-84
C83-76
D75-68
E67-60
F



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