Credit Points 10

Legacy Code 301193

Coordinator Robert Osei-Kyei Opens in new window

Description This unit teaches students the importance of aligning projects with the business strategy. Strategic alignment is a two-way process. Overall business strategy guides project planning, and, in turn, project success drives enterprise strategy. Students understand the bigger-picture goals, how to identify what is being accomplished and why, and how to achieve goals. Other topics include measuring project success and portfolio and program management.

School Eng, Design & Built Env

Discipline Project Management

Student Contribution Band HECS Band 4 10cp

Level Postgraduate Coursework Level 7 subject

Restrictions

Students must be enrolled in program 3752 Master of Project Management.

Learning Outcomes

On successful completion of this subject, students should be able to:

1. Demonstrate theoretical understanding of organisational strategy and the principles of competitive advantage and align these to project management
2. Analyse a company�fs mission, goals, and objectives, and develop a plan to ensure that project outcomes reflect an appropriate strategy
3. Evaluate critical success factors, use the principles of project portfolio management (PPM) to evaluate potential projects, and justify the selection of an appropriate portfolio that reflects company goals and objectives
4. Critically evaluate how project success can be quantified and measured, and construct a plan to allocate appropriate resources to the portfolio
5. Critically analyse project management and procurement strategies and critical success factors in the global business environment
6. Communicate effectively as a professional and function as an effective leader or member of a diverse team

Subject Content

Business strategy and its relation to projects
Mission, goals, objectives and processes to bring an organization?fs intended strategy to reality
Strategic choices and strategic management practices
Methods of aligning projects with strategy
Strategic evaluation and selection of projects to create a well-balanced portfolio
Critical success factors, financial evaluation criteria, and measuring project success
Procurement strategies
Strategic portfolio and program management
Managing projects in global context