BYPE2700 Project management and economy Course description

A practically directed course in project management that provides a thorough introduction to the project work form. This course guides students through fundamental project management concepts and skills that are needed to successfully launch, lead, and realize benefits from projects in the construction industry. Project work in fixed groups is important for the learning outcomes in this course.

Non beyond admission requirements

Learning outcomes

After completing the course, the student is expected to have achieved the following learning outcome in terms of knowledge, skills and general competence:

Knowledge:

The student

• has the basis for understanding the project management concept and how it enables intended outcomes.
• knows the complexity of modern construction projects and the need for interdisciplinarity and interface management.
• has knowledge of the most common time and cost estimation methods.
• has knowledge of analysis methods such as cost analysis and stakeholder analysis.
• has the knowledge to describe the main categories of project organization structures (project, classic, and matrix)

.

Skills:

The student is capable of:

• setting reasonable project goals acc to SMART.
• setting reasonable and success factors and success criteria.
• understanding the purpose of a Work Break Down Structure (WBS) and how it can be established.
• solving challenges related to resource constraints in the project by means of equalization of resources, time spent, change of relationships, or use of flow/slack.
• using indexes (ex. cost and time indexes) for monitoring project status and for establishing future forecasts.

Competence:

The student is capable of:

• making the right decision to get the desired outcome within the defined cost and quality.
• evaluating and selecting appropriate project organization models based on project characteristics such as duration, size, and complexity.
• collaborating and contributing to interdisciplinary teams, and being able to relate prerequisites for success in project work to one's work situation.

The teaching consists of lectures, discussion, and dialoge around the case project, with emphasis on active learning.

The following coursework is compulsory and must be approved before the student can sit the exam:

• Two written group exercises (each group 4-6 students)

It is essential to reach the full outcome of the course to be in the same group throughout the whole course.

1. Individual written exam, 3 hours (50%).
2. Project group submission (maximum 15 pages) (50%).

Each group should be between 4 to 6 students.

Both parts of the exam must be passed in order to pass the course. The exam can be appealed. In the case of a new/postponed exam, an improved version of the final project should be provided for part 2.

Part 1: All printed and written aids as well as calculator are permitted

Part 2: All aids are permitted

Graded scale A-F

One internal examiner. External examiners are used regularly.

Kamalan Rashasingham