Project Management

Organization of teaching, evaluation, communication

About the course in more details


The aim of this course is to introduce the basic terms in the field of project management and specify their meaning. Basic information about the process model of project management and an overview of its main parts will be introduced. Furthermore, the most common problems of project management will be identified. The course will also tackle the personal requirements and characteristics of a project manager, the possibilities to increase their qualifications and career growth, as well as the performance ethics of the project manager.


After completing the course, students will be able to:

  • understand project characteristics, life cycles, and different project phases;
  • understand the concept of project organization and feasibility analysis;
  • apply project techniques for project planning, execution, and control;
  • determine resources with regard to project completion factors, determine dependencies and duration of tasks using software support;
  • apply the risk management plan and analyze the role of stakeholders;
  • understand differences in project standards with the extension of agile project management.

Lectures schedule
Lecture  Topic
1
  • Defining of project management (meanings, importance)  
  • Project tri-imperative 
  • Project management evolution 
  • Defining project, types of project    
2
  • Project phasing and the product of each phase 
  • Project goals and SMART criterion   
  • Output, result, benefits of the project
  • Logical Framework methodology
  • Purpose of a Logical Framework
  • Logical Framework Matrix - what is it?
  • Working together - Logical Framework Matrix example
3 Project lifecycle
  • Organizing and Staffing the Project
  • Organizational structure of the project (diagram, RACI matrix)     
  • Project lifecycle definition and phases
  • The types of project lifecycles
  • Significance of the project lifecycle
  • Limitations of project lifecycle
4Customer expectations (The Project Product)   Project Quality Management
  • Understanding Values and Expectations
  • Value Added Canvas    
  • Acceptance criteria   
  • Quality tolerances
  • Defining project quality management
  • Relevance of Quality Programs to Project Quality
  • Project quality management processes
  • Planning and Controlling Project Quality
  • Project quality management techniques
  • Trends and emerging practices
5

Introduction to MS Project
  • Software solution for your project planning and managing.
6 Work Breakdown structure (WBS), Gantt Chart 
  • Project planning - dates, activities, activities, links between tasks, etc.)            
  • Network scheduling techniques
7 Project Costs and Project Budget
8 Project Budget,  Extension to sub-budgets and Return on investments (methods)

  • Planning resources (people, finance, materials...)
•     Establishing the project budget. Project costs.                             
•      Time value of money. Discounted cash flows-methods

  • Risk budget, Change budget, Budget for tolerances                       
  • Return on Investment Method - ROI
  • Payback Method
  • Net Present Value on Investment (NPV) method
  • Internal Rate of Return (IRR) method
  • Cost-output evaluation methods
  • Cost-benefit method - Cost-Benefit Analysis

9     Risk Project Analysis (RIPRAN)

  • Identification of threats and risks of the project. Risk budget
10 Agile Project Management  
  • Agile Manifesto, principles and values         
  • Agile project management Frameworks
  • Defining the product vision and roadmap
  • Planning releases and sprint
11   Use of software in project management
  • Introduction of other project management software products.
12   Presentation of student's project


Seminars schedule

Seminar

Topic

Technique used

Activities

1

Introduction to Project management seminars

Organization of the seminars

Logic of compiling activities, budget, risks, goal of the day

Developing a project 

SMART criterion, developing project idea and name



project - tomorrow day (waterfall type)

Create a team and work and brainstorm ideas for your future project

10 minutes to write down ideas, students choose about 3 options and then determine the "+" and "-" idea (advantages and disadvantages, whether to implement as a project)

2

Compliance check - tomorrow's project goals

feedback

Discussions, implementation problems, learning from mistakes

Work on point no. 1 Project definition (being processed 1.1 to 1.5)

SMART - setting the goal of the project; 
decision analysis
logical framework matrix (LFM)

Preparation of the project goal, determination: result, benefits of the project, identification of the main target group, definition of the problem solution (will be solved by the project).

Students compile variants of problem solving options: 1. I do nothing = current situation, 2. I do mimimum = minimal change, 3. I do something = a fundamental change that causes benefits and brings a new result / output

Students compile LFM - horizontal and vertical logic in the matrix (achieving the goal, dividing the project into parts, identification of outputs). The logic, if it is fulfilled, I can move on in the project solution.

3

Check that sections 1.1 to 1.5 are complete

Feedback, emphasis on awareness of variants (possibilities) and associated advantages / disadvantages

LFM logical structure

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

Organizational structure of the project (diagram); RACI matrix, point no. 1.6


Organizational structure of the project (diagram); RACI matrix

Creation of organizational structure using variaty of diagram suitable for your project team and creation of RACI matrix on the basis of responsibilities and roles in the project

4

Check that the Organizational structure of the project (diagram); RACI matrix is complete

feedback

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

Project product description (points 2.1 to 2.7)

Drawing, or creation of a prototype / model of the project product

Product user empathy map, Value Added Canvas can also be used

Creative techniques - what the final product of the project will look like, its composition. It can be a photo of a model, drawing, prototype, etc. The goal is to have a clear idea of ​​what the final product of the project should look like and what it will consist of.

Students will compile a map of project user empathy, expectations for quality, acceptance criteria, quality tolerance, responsibility for product acceptance

5

Check that Project product description points 2.1 to 2.7) are complete

feedback

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

Project schedule (point no. 3.1.1 Start, end, project phases, milestones)

WBS, Gantt Chart

Use of MS Project (start of the project, setting the calendar, division of the project into main and partial tasks, chronology (continuity) of tasks, setting milestones, critical paths

6

Check that Project schedule (point no. 3.1.1) are complete

WBS, Gantt Chart

Use of MS Project (start of the project, setting the calendar, division of the project into main and partial tasks, chronology (continuity) of tasks, setting milestones, critical paths

Creation of Work Breakdown Structure (WBS) point no. 3.1.2

Work Breakdown Structure (WBS), Gantt Chart

Use of MS Project, compilation of WBS, work with Gantt chart

7

Checking the Creation of Work Breakdown Structure (WBS) point no. 3.1.2 are complete finished Gant Chart, WBS

feedback - emphasis on logic and chronology of activities, links between tasks, timeline

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

Project costs (point no. 3.2.1)



Create and enter all resources in MS Project (labor, material and costs)




Use of MS Project to define resources for each of your tasks, they type of the resources. Assign the resources to each task. Brainsorming within teams, discussion, decision making, data acquisition

8

Checking the logic  behind and feasibility of the assigned resources (point no. 3.2.1) are complete

Feedback

Exchange of ideas. Brainsorming within teams, discussion, decision making, data acquisition

Project costs (point no. 3.2.1)



Use of MS Project to define resources for each of your tasks, they type of the resources. Alligning or balancing the resources – solving the overload of labor.

Creating of project budget.

Use of MS Project to Alligning or balancing the resources – solving the overload of labor.

9

Checking project costs and project budet point 3.2.1

feedback

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

3.2.2 Tolerance budget (reserves)

3.2.3. Change budget (for possible changes during project management)

3.2.4. Risk budget

3.3 Return on Investment Method - ROI

budget for tolerances (reserves), change budget and budget for risks - this is supplemented only after the risk analysis

Payback Method
Net Present Value on Investment (NPV) method
Internal Rate of Return (IRR) method
Cost-output evaluation methods

Cost-benefit method - Cost-Benefit Analysis

All methods are presented in more detail in the lecture

Selection of a suitable technique for determining the project budget, Return on invesment method (students do not have to use all of them, just one, but well-designed).

Creating of project budgets in MS Excel. Brainsorming within teams, discussion, decision making, data acquisition.

10

Checking the budgets 3.2.2 to 3.2.4 and Return on investment point 3.3.

feedback

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

Identification of threats and risks of the project (point no. 4 of the template)

Conclusion - evaluation and summary of the main findings of the project (point no. 5 of the template).

RIPRAN

Summarize your findings into few paragraphs.

The individual steps for the identification of threats and subsequent risks (RIPRAN), the definition of the impact of the risk, the determination of measures against threats, the determination of the method of risk mitigation, including costs and liability, are compiled.

Interpretation of all data and information: costs x benefits x risks, viability of the project, and achievability of the project

11

Checking  points 4 and 5

feedback

Discussion, exchange of knowledge, the teacher gives feedback to the teams (questions, problems with the topic, etc.)

Identification of threats and risks of the project (point no. 4 of the template)

Conclusion - evaluation and summary of the main findings of the project (point no. 5 of the template).

Last seminar to complete the whole project.

 

RIPRAN

Summarize your findings into few paragraphs.

Feedback on any issue with the project.

The individual steps for the identification of threats and subsequent risks (RIPRAN), the definition of the impact of the risk, the determination of measures against threats, the determination of the method of risk mitigation, including costs and liability, are compiled.

Interpretation of all data and information: costs x benefits x risks, viability of the project, and achievability of the project

12

Final presentation of your project (defence).

Presentation in the class (10-15 minutes)

Presentation of the project.

Communication

  • If you have any questions, need help with your assignment, or do not understand anything from the lectures you can see me during my office hours, email me at reczkova@opf.slu.cz, or we can schedule a meeting through MS Teams.
  • Office hours:  Wednesday:    10:00 - 11:30

Literature

Key Readings

Compulsory:

KERZNER, H. 2017. Project Management: A Systems Approach to Planning, Scheduling, and Controlling. Hoboken, New Jersey: John Wiley & Sons, Inc. ISBN 978-1-119-16535-4.

LAYTON, M. C. and S. J. OSTERMILLER, 2017. Agile Project Management. Hoboken, New Jersey: John Wiley & Sons, Inc. ISBN 978-1-119-40569-6.

PMBOK® Guide. 2017. A Guide to the Project Management Body of Knowledge. Pennsylvania, USA: Project Management Institute. ISBN 978-1-62825-184-5.

Materials in IS, supporting files, tutorials.

Recommended:

AXELOS. 2017. Managing Successful Projects with PRINCE2®. United Kingdom: The Stationary Office. ISBN 978-0-113-31533-8.

HELDMAN, K. 2018. PMP: Project Management Professional Exam Study Guide. Indianapolis, Indiana: John Wiley & Sons, Inc. ISBN 978-978-1-119-42090-3.

MORAN. A. 2015. Managing Agile: Strategy, Implementation, Organisation and People. Springer. ISBN 978-3-319-16261-4.


Course completion conditions

You will be assessed on the basis of the following conditions. You can get max. of 100 points.

1. You need to complete an assignment (seminar paper) for max. of 30 points (30% of final grade). The due date is 15.12.2024 (midnight). Upload (doc/pdf file) to Information System (homework vaults) 

2. You need to present your assignment (seminar paper) for max. of 5 points (5% of final grade) during the last lecture on 18.12.2024. It will be a 10-15 minutes presentation in class.

3. There will be a half-term exam for max. of 10 points (10% of your final grade). The date is 6.11.2024.

4. Final examination will start from 2. 1. 2025. You can get max. of 55 points (55% of final grade). The dates of the test and supplementary questions will be announced during the last week of the semester. The form of the final exam will be online in IS. 


Individual marking guide is as follows (max 100 points):

Seminar paper:                               30 points

Presentation of seminar paper:     6 points

Half-term Exam:                              10 points

Final Exam:                                       54 points

The final grade is the sum of all parts (seminar paper, presentation of seminar paper,  half-term exam, and exam).

GradePoints
A100-92
B91-84
C83-76
D75-68
E67-60
F59-0