Intended learning outcomes: Present goals and constraints of a project. Describe project phase, project life cycle, and work breakdown structure. Explain scheduling and effort planning as well as organization of a project. Differentiate between cost, benefits, profitability, and risk of a project.
The following overview of project management is limited to project goals and constraints, nature and content of a project, organization and process planning, and project costs, benefits, profitability, and risk. For details of the areas presented here in overview, the reader may want to refer to specific works on project management and on tasks such as project cost management, project human resources and project quality management, project information and communications management, and project procurement management (see, for example, [Kerz17], [KuHu15], [PMBOKD], and [PMBOK]).
Course section 19.2: Subsections and their intended learning outcomes
19.2 Project Management
Intended learning outcomes: Present goals and constraints of a project. Describe project phase, project life cycle, and work breakdown structure. Explain scheduling and effort planning as well as organization of a project. Differentiate between cost, benefits, profitability, and risk of a project.
19.2.1 Goals and Constraints of a Project
Intended learning outcomes: Produce an overview on project performance and project deliverables. Differentiate between external constraints and internal constraints in project management.
19.2.2 Project Phase, Project Life Cycle, Project Task, Work Package, Statement of Work
Intended learning outcomes: Produce an overview on the project phases in a generic project life cycle. Identify project task, work package, and statement of work.
19.2.2b The Work Breakdown Structure
Intended learning outcomes: Describe the increasing degree of detail of tasks and work packages in a work breakdown structure. Present an excerpt from a work breakdown structure for the preliminary study for a building conversion.
19.2.3 Project Scheduling and Project Effort Planning
Intended learning outcomes: Present in detail the schematic display of project effort per organizational unit. Explain an excerpt of the Gantt chart for the project “preliminary study for building conversion”.
19.2.4 Project Organization
Intended learning outcomes: Differentiate between project coordination in a functional, or line, organization and project management in a project-based organization. Describe project management in a strong matrix organization.
19.2.5 Project Cost
Intended learning outcomes: Produce an overview on the total cost of ownership of a project.
19.2.5b Project Benefits and Project Profitability
Intended learning outcomes: Explain the Matrix for estimating the project benefit of an investment in a software system as well as the graphic representation in overlay of nine profitability calculations, for cumulative benefits with degrees of realization 1 to 9.
19.2.5c Discounting Using the Net Present Value Technique (NPV), and Project Risk
Intended learning outcomes: Identify NPV, the net present value technique. Present the issue of project risk management.
Course 19: Sections and their intended learning outcomes
Course 19 – Systems Engineering and Project Management
Intended learning outcomes: Explain systems engineering. Disclose project management.
19.1 Systems Engineering
Intended learning outcomes: Explain systems thinking and the top-down approach. Describe phases of life of a system and the system life cycle. Present in detail the problem solving cycle. Disclose the differences between software engineering and classical systems engineering.
19.2 Project Management
Intended learning outcomes: Present goals and constraints of a project. Describe project phase, project life cycle, and work breakdown structure. Explain scheduling and effort planning as well as organization of a project. Differentiate between cost, benefits, profitability, and risk of a project.
