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ENT828Management Sciences2 Unitsintermediate

Techniques In Development Project Planning For Entrepreneurs

This course exposes MSc students to the knowledge of project management and enriches their skills in managing various projects. It covers the nature and purpose of project management, key functions, processes, and implementation strategies. Students will learn about cost estimation, project planning, and monitoring and evaluation techniques. The course also includes practical experience through visits to organizations, providing first-hand knowledge of project management in practice.

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208h
Study Time
13
Weeks
16h
Per Week
basic
Math Level
Course Keywords
Project ManagementCost EstimationProject PlanningImplementation StrategyEconomic Analysis

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
🔬
Learning Type
Hands-on Practice

Course Topics

Key areas covered in this course

1

Project Concept and Planning

2

Team Based Structure

3

Cost Estimation

4

Monitoring and Evaluation

5

Project Implementation Strategy

6

Project Definition

7

Project Planning and Scheduling

8

Types of Planning

9

Project Management

10

Replacement Model

11

Projected Income Statement

12

Projected Cash Flow Statements

13

Projected Balance Sheets

14

Project Evaluation Criteria

15

Economic Analysis

Total Topics15 topics

Requirements

Knowledge and skills recommended for success

Basic understanding of business principles

Familiarity with financial statements

💡 Don't have all requirements? Don't worry! Many students successfully complete this course with basic preparation and dedication.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assignments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Project Manager

Apply your skills in this growing field

Business Analyst

Apply your skills in this growing field

Entrepreneur

Apply your skills in this growing field

Management Consultant

Apply your skills in this growing field

Program Coordinator

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

ConstructionManufacturingInformation TechnologyHealthcareGovernmentConsulting

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)

2h

Unit 1: Project Concept and Planning

2 study hours
  • •Define project, project management, and common project terms.
  • •Explain the purpose of project management and its importance.
  • •Identify tangible and intangible projects.
Week
2

Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)

2h

Unit 2: Team Based Structure

2 study hours
  • •Explain the mechanics of project team building.
  • •Discuss the dynamics of project teams, including pure project teams, task force teams, and quality improvement teams.
  • •Understand group dynamics and team building.
Week
3

Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)

2h

Unit 3: Cost Estimates

2 study hours
  • •Explain the general nature of cost estimates.
  • •Discuss the definitions and principles of cost estimation, including direct costs, factory costs, and fixed costs.
  • •Understand standard labor costs and overhead recovery.
Week
4

Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)

2h

Unit 4: Monitoring and Evaluation

2 study hours
  • •Define project planning, management, monitoring, and evaluation concepts.
  • •Identify the stages in planning and execution.
  • •Explain the monitoring and controlling cycle.
Week
5

Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)

2h

Unit 5 Project Implementation Strategy Skills

2 study hours
  • •Understand the skills of a project manager.
  • •Describe the project manager as a communicator, leader, coordinator, and motivator.
  • •Discuss project plan monitoring and control.
Week
6

Module 2: PROJECT DEFINITION

2h

Unit 1 Project Definition

2 study hours
  • •Explain the project definition process.
  • •Discuss a project cycle, including the project idea stage, identification stage, evaluation stage, selection stage, and execution stage.
  • •Define a project for financial appraisal.
Week
7

Module 2: PROJECT DEFINITION

2h

Unit 2 Project Planning and Scheduling

2 study hours
  • •Explain factors affecting project planning.
  • •Discuss project planning and scheduling, including the planning time frame.
  • •Understand project matrix charts and bar charts.
Week
8

Module 2: PROJECT DEFINITION

2h

Unit 3 Types of Planning for Sustainable Business Success

2 study hours
  • •Elucidate planning in occupation.
  • •Explain various types of plans, including strategic, tactical, and operational plans.
  • •Understand the crucial components of strategic planning.
Week
9

Module 2: PROJECT DEFINITION

2h

Unit 4 Project Management

2 study hours
  • •Define project management.
  • •Identify the body of knowledge areas in project management.
  • •List and explain the processes involved in project management.
Week
10

Module 2: PROJECT DEFINITION

2h

Unit 5 Replacement Model

2 study hours
  • •Define Replacement Model
  • •Explain the Equipment Maintenance/ Replacement/ Reengineering
  • •Identify the types of failures
Week
11

MODULE 3: PROJECT INCOME AND EVALUATION

2h

Unit 1: Projected Income Statement

2 study hours
  • •Explain the meaning of projected income statement.
  • •Discuss its application in project evaluation.
  • •Prepare a projected income statement.
Week
12

MODULE 3: PROJECT INCOME AND EVALUATION

2h

Unit 2: Projected Cash Flow Statements

2 study hours
  • •Explain what a projected cash flow statement is.
  • •Explain how it can be prepared.
  • •Explain its usefulness.
Week
13

MODULE 3: PROJECT INCOME AND EVALUATION

4h

Unit 3: The Projected Statement of Financial Position (Balance Sheet)

2 study hours
  • •Explain the meaning of a projected balance sheet.
  • •Preparation of the projected balance sheet
  • •Prepare a projected balance sheet.

Unit 4: Project Evaluation Criteria

2 study hours
  • •Review all units and TMAs
  • •Prepare for final examination

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Review all Tutor-Marked Assignments (TMAs) and Self-Assessment Exercises to reinforce understanding of key concepts.

2

Create concept maps linking project planning (Module 1), scheduling (Module 2), and evaluation (Module 3) techniques.

3

Practice cost estimation problems from Unit 3 (Module 1) using different methods (direct, indirect, standard costing).

4

Focus on understanding the project cycle (Unit 1, Module 2) and its application in real-world scenarios.

5

Prepare detailed notes summarizing the characteristics of different project evaluation criteria (Unit 4, Module 3).

6

Allocate study time evenly across all modules, but prioritize areas of weakness identified in TMAs.

7

Form a study group to discuss complex topics like economic analysis (Unit 5, Module 3) and replacement models (Unit 5, Module 2).

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