Manage large projects by identifying their key characteristics, examining the key factors and risks that affect their performance and exploring methods to counter their impact on the successful delivery of projects. Looking into examples of best practice, you'll explore the relationship between projects, programmes and portfolios.
Class Deals by MOOC List - Click here and see Coursera's Active Discounts, Deals, and Promo Codes.
You'll also discover the roles performed by the project manager, examine the difficulties associated with quantifying transaction costs in major project management and consider how different management approaches impact on these costs. Optimism bias and strategic misinterpretation regularly cause delays to major engineering projects. Using stimulating case studies, you'll evaluate the measures of success and compare and contrast 'project success' versus 'project management success'. In the final week of the course, you'll research and present a contemporary example of a major engineering project from your own country.
This course explores concepts analysed in the University’s Online MSc in Engineering Management. If you are interested to develop your skills further, take a look at our online degree.
Course 1 of 3 in the Managing Major Engineering Projects Specialization.
What You Will Learn
- Understand the key phases of a project life cycle
- Discriminate between projects, programmes and portfolios and identify the key characteristics of major projects
- Define forms of bias and strategic misinterpretation and ways of mitigating against them
- Analyse the cost and time performance indicators of major projects
Syllabus
WEEK 1: Major engineering project performance
WEEK 2: Programmes, portfolios and transaction costs
WEEK 3: Time and cost in major projects
WEEK 4: Project management success vs project success
WEEK 5: Project
