MGT 353 Introduction to Project Management Wesley J. Howe School of Technology Management Accredited By the Project Management Institute and the Global Accreditation Institute for Project Management Peerasit Patanakul, Ph.D. Assistant Professor ppatanak@stevens.edu Office: Babio Center, 303B Tel: 201-216-8156, Fax: 201-216-5385 Required Textbook: "Project Management: A Managerial Approach” (Sixth Edition) by Jack R. Meredith and Samuel J. Mantel, Jr.; John Wiley & Sons, 2006. ISBN 0-471-71537-9 “A Guide to the Project Management Body of Knowledge,” (Third Edition) by The Project Management Institute (PMI). ISBN 193069945-X Overview This course will describe the problems of managing a project within a permanent organization for the purpose of achieving a specific objective. It will broadly cover the operational and conceptual issues faced by modern project managers. At the end of this course, students should be able to develop, execute, and control a basic project plan capable of supporting business objectives linked to measures of success for a single project. Learning Goals 1. 2. 3. 4. Discuss the range, scope, and complexity of modern projects. Introduce a strategic, system perspective on the management of projects. Discuss the role of the modern project manager. Practice applying tools and techniques used in project management. Pedagogy Unless specifically authorized by the professor, all work assignments should be solely the student's own individual work. To pursue the course objectives effectively, students will engage in the following activities: Read assigned material prior to class sessions; Complete individual assignments and exams and submit them on time; Participate in discussion and any group assignments; Complete a final project case study. Syllabus: BT 353 Fall 2008 Page 1 of 8 MGT 353 Introduction to Project Management Wesley J. Howe School of Technology Management Required Text/Reading and Assignments Besides textbooks, all supplement readings, course lecture notes, and assignments are posted on the class webpage (WebCT). Students can access to the class webpage through http://elearn.stevens.edu. Any problems about WebCT, call Help Desk at 201-216-5500. Students requiring training support on the use of MS-Project should acquire the Microsoft Press book “Microsoft Project Version 2002 – Step by Step” and allocate time to work through the exercises contained in that self-paced training manual. Course Grading Class Participation Assignments Midterm Examination Comprehensive Final Case Total possible points 100 300 200 400 Points Points Points Points 1000 Points 1. Class Participation Students are expected to make meaningful contributions to class discussions. Standards for Assessing the Quality of Class Comments include: Does this comment contribute to class process and peer understanding of the concept under discussion? Does this comment enlighten your instructor and/or class members? Does it provide a new angle on your instructor's presentation of a concept that makes grasping the point easier? Does an example provide a good demonstration of a concept and thus assist others to comprehend the way things work? Does someone consistently play the role of "recapper" in a way that effectively paraphrases points? Do students make key statements that galvanize the class to wrestle with an issue without help from your instructor? Syllabus: BT 353 Fall 2008 Page 2 of 8 MGT 353 Introduction to Project Management Wesley J. Howe School of Technology Management 2. Assignment Individual Assignment (IA) Title IA1. Project selection IA2. Scope management IA3. Schedule development IA4. Monitoring and control problems Individual Assignments Point Subtotal Grade Points 75 75 75 75 300 3. Examination Examination Title Type Midterm Exam Comprehensive Final Case Examination Point Subtotal In-class Case Report Course Point Total Grade Points 200 400 600 1,000 Ethical Conduct Stevens Honor System: Enrollment into the undergraduate class of Stevens signifies a student’s commitment to the Honor System. It is the responsibility of each student to become acquainted with and to uphold the ideals set forth in the Honor System Constitution. All students are reminded that, as a condition of being admitted to Stevens, they will uphold and adhere to the standards of the Stevens Honor System. Specific student responsibilities include: Maintaining honesty and fair play in all aspects of academic life at Stevens Writing and signing the pledge, in full, on all submitted academic work Reporting any suspected violations to an Honor Board member or to the Dean of Undergraduate Academics Cooperating with the Honor Board during investigations and hearings Syllabus: BT 353 Fall 2008 Page 3 of 8 MGT 353 Introduction to Project Management Wesley J. Howe School of Technology Management Class Schedule (Details are below) Date* Discussion title Important milestones 08/26 Introduction to project management 09/02 Project selection and evaluation 09/09 Organizational concepts in project management 09/16 Project scope management IA1 due, IA2 issued 09/23 Schedule development IA3 issued 09/30 Resource management IA2 due 10/07 Cost management 10/14 NO CLASS – Scheduled for Monday classes 10/21 Uncertainty and risk 10/28 MIDTERM EXAMINATION 11/04 Project monitoring 11/11 Project control 11/18 Project auditing and termination 11/25 Project managers 12/2 Conclusion IA1 issued IA3 due IA4 issued IA4 due Final case due * Subject to change Syllabus: BT 353 Fall 2008 Page 4 of 8 MGT 353 Introduction to Project Management Wesley J. Howe School of Technology Management 1: Introduction to project management Goal: Present an integrative perspective on related project management issues covering the complexity of relations and the time-related dynamics of the project life cycle. Recommended Readings: Text Section No. Titles M&M Ch. 1 Project in contemporary organization Ch. 1 Introduction PMBOK §2.1 Project life cycle Ch. 3 Project management processes for a project 2: Project selection and evaluation Goals: Introduce project selection and evaluation methods and discuss their applications. Recommended Readings: Text Section No. Titles M&M Ch. 2 Strategic management and project selection 3: Organizational concepts in project management Goals: Introduce different organizational structures and discuss their advantages and disadvantages and discuss the concepts of conflict and negotiation in project management. Recommended Readings: Text Section No. Titles Ch. 4 Project organization M&M Ch. 6 Conflict and negotiation PMBOK Ch. 2 Project organization 4: Project scope management Goal: Introduce concepts required to structure project’s work effort. Recommended Readings: Text Section No. Titles M&M Ch. 5 Project planning PMBOK Ch. 4 & 5 Project integration management and scope management Selected reading Advocating a deliverable-oriented work breakdown structure, Parviz F. Rad Syllabus: BT 353 Fall 2008 Page 5 of 8 MGT 353 Introduction to Project Management Wesley J. Howe School of Technology Management 5: Schedule development Goal: Discuss some concepts and techniques regarding project schedule development. Recommended Readings: Text Section No. Titles M&M Ch. 8 Scheduling PMBOK Ch. 6 Project time management 6: Resource management Goal: Discuss some concepts and technique regarding budget development and the allocation of physical resources. Recommended Readings: Text M&M PMBOK Section No. Ch. 9 Ch. 9 Selected reading Case study Titles Resource allocation Project human resource management Critical chain project management improves project performance, Larry P. Leach Payton Corp. 7: Cost management Goal: Discuss some concepts and technique regarding budget development and the allocation of physical resources. Recommended Readings: Text M&M PMBOK Section No. Ch. 7 Ch. 7 Titles Budget and cost estimation Project cost management 8: Uncertainty and risk Goal: Expand concepts of critical chain and discuss the concepts of uncertainty and risk in project management. Recommended Readings: Text Section No. Titles PMBOK Ch. 11 Project risk management 9: In-Class Midterm Examination Syllabus: BT 353 Fall 2008 Page 6 of 8 MGT 353 Introduction to Project Management Wesley J. Howe School of Technology Management 10: Project monitoring Goal: Introduce some concepts and technique required to monitor project activities such as earned value analysis. Recommended Readings: Text Section No. Titles M&M Ch. 10 Monitoring and information system PMBOK Ch. 10 Project communication management 11: Project Control Goal: Introduce concepts required to understand a basic decision theory and the dynamics of trade-offs required to achieve effective project control. Recommended Readings: Text Section No. Titles M&M Ch. 11 Project control PMBOK Ch. 8 Project quality management One size does not fit all projects: Exploring classical contingency domains, Aaron Selected reading J. Shenhar 12: Project auditing and termination Goal: Introduce some concepts required to understand a basic decision theory and the dynamics of trade-offs associated with closing out a project. Recommended Readings: Text Section No. Titles M&M Ch. 12&13 Project auditing and termination Project success: A Multidimensional strategic concept, Aaron J. Shenhar, Dov Selected reading Dvir, Ofer, Levy, and Alan C. Maltz Case study Quantum Telecom. 13: Project Manager: Organizational Responsibilities Goal: Introduce roles and responsibilities of project managers including their skill requirement. Recommended Readings: Text Section No. Titles Ch. 3 The project manager M&M Ch. 6 Conflict and negotiation Competencies of multiple-project manager, Peerasit Patanakul and Dragan Selected reading Milosevic Case study Ducor Chemical Syllabus: BT 353 Fall 2008 Page 7 of 8 MGT 353 Introduction to Project Management Wesley J. Howe School of Technology Management 14: Class Summary Recommended Readings: Text Section No. Titles Project management 2002, Jeffrey K. Pinto Selected reading Standardize project management may increase development project success, Dragan Milosevic and Peerasit Patanakul Syllabus: BT 353 Fall 2008 Page 8 of 8