MBA571: The Project Management Framework

Course Credits:
Course Hours Per Week:

Course Overview

This course introduces project management as a discipline, examines the context of projects, and differentiates between projects and operations. It explains the lifecycle of a project and presents a framework for project planning and integration. Students will investigate a wide range of related topics including:

  • Relationships between project management and other management disciplines
  • Project phases, lifecycles, and influences
  • Project processes, planning, and implementation
  • Changes in project scope, schedule, costs, quality, and risks

The course project is a Project Plan: Guiding Project Execution and Control. The plan includes project specifications, a master schedule, procedures guidelines, cost controls, materials and equipment forecasts, a cross-impact matrix, management and personnel plans, and procedures for reporting and review.

Course Learning Objectives

  • Identify the unique characteristics of projects vs. operations.
  • Describe the project life cycle.
  • Develop a plan that guarantees all of the various elements of a project are properly coordinated.
  • Plan for the necessary resources, accurately estimate cost, allocate the budget to specific work items, and control changes in the project budget.
  • Evaluate the quality of the product or service in order to ensure that it meets the previously established needs of the organization.