Learning Outcomes

Upon successful completion of the course, the student will be able to:

• Describe what a project is and project management practices, functions, phases, terminology and issues.
• Understand project engineering economic analysis, screening and selections methods.
• Define and apply a functional and matrix project organizational structure and work breakdown structure (WBS) to assign and define the work.
• Define and apply risk, configuration management and top quality management techniques to better manage a technological project and problem solve.
• Define and apply the Program Evaluation and Review Technique (PERT), Critical Path Method (CPM) and Gantt Chart to schedule a project; statistical, parametric and learning curve methods to estimate activity duration and statistical methods to cope with uncertainty in a project schedule.
• Define and apply project budgeting techniques and life cycle cost analyses.
• Incorporate resources into the schedule: plan resource utilization, conduct resource leveling and resource limited scheduling and investigate project management software that accomplishes the above.
• Control a project budget and schedule: examine effects of actual schedule performance, incorporate changes into the schedule, update the schedule and approaches to schedule control including time-cost trade-offs.
• Measure the performance of a project: budget allocation, cumulative budget cost, actual and budgeted cost comparison; determining the value of the work performed using earned value and percent complete; cost performance analysis using cost-related measures, variances and performance indices; forecast costs based on project performance; examine cost control and investigate project management software that accomplishes the above

Effective as of Spring/Summer 2005