Project Management: Foundations and Advanced Methods (PMAN 600, 6 Credits)
An overview of the theory and practice of managing projects in organizations, as well as the application of widely used software tools for project management and risk analysis. Emphasis is on demonstrating leadership by managing projects or tasks in a team environment; building teams; and using communication, organization, and conflict management skills. Discussion covers project management process groups and how these process groups interact throughout the life cycle of the project: initiating, planning, executing, monitoring and controlling, and closing the project or project phase. Topics include analytical approaches and quantitative methods in project management, such as earned value management and techniques for estimating project duration and cost, optimizing allocation of resources, expediting projects, and scheduling algorithms. Simulation tools and statistical techniques are used to analyze uncertainty in project selection, budget allocation, and time estimation. Project management knowledge areas are examined and linked to industry practices. The goal is to gain a solid understanding of how to successfully manage multiphase projects, work within organizational constraints, set goals linked directly to stakeholder needs, and utilize proven project management tools to complete projects on time and within budget while meeting specifications. Project portfolio management and how multiple projects and programs fit into the strategic direction of an organization are also discussed. Essential concepts, processes, and techniques are applied through a team project that emphasizes quantitative and analytical methods and requires regular progress reports and reviews. Students who receive credit for PMAN 600 may not receive credit for PMAN 634, PMAN 635, or PMAN 670. Note: students taking this course must have access to a PC to install and use the required course software. This software does not run on a Mac.