ENT828

Techniques In Development Project Planning For Entrepreneurs

Management Sciences
800 level
2 credit units
156 pages
15 units

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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About this course

Difficulty: Intermediate
Study hours: 208 hours
Maths: Basic
Content: Theoretical, practical, case study
Practical work: Yes

Before you start

Basic understanding of business principles
Familiarity with financial statements

How it is assessed

Assignments
Tutor marked assignments
Final examination

What you'll read

The real module and unit structure of ENT828, taken from the course material NOUN publishes.

Module 1

Module 2 · PROJECT DEFINITION

Module 3 · PROJECT INCOME AND EVALUATION

One paragraph, so you can see how it reads

ENT828 · UNIT 1 PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)

From this simple definition and/or expression, we can see that a project, apart from being important, should be carefully planned so as to produce something unique and valuable.

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What you should be able to do

Explain the nature and purpose of project management.
Discuss the key functions in project management.
Explain the project management process.
Explain project implementation processes.
Apply cost estimation techniques to project planning.
Evaluate project performance using monitoring and evaluation methods.

What it prepares you for

Careers

Project Manager
Business Analyst
Entrepreneur
Management Consultant
Program Coordinator

Where it is applied

Construction
Manufacturing
Information Technology
Healthcare
Government
Consulting

Tools

Microsoft Project
PERT
CPM

Where it gets hard

The units students slow down on, and what makes each one heavy.

Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)
Unit 1: Project Concept and Planning
Requires understanding of complex scheduling techniques and their practical application in project management.
Module 2: PROJECT DEFINITION
Unit 5 Replacement Model
Involves complex calculations and understanding of financial ratios for project viability assessment.

A suggested way through it

Suggested

13 weeks, about 28 hours in total. Yours will differ.

Week 1Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)
- Unit 1: Project Concept and Planning · 2 hours
  Define project, project management, and common project terms.. Explain the purpose of project management and its importance.. Identify tangible and intangible projects..
Week 2Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)
- Unit 2: Team Based Structure · 2 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 3Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)
- Unit 3: Cost Estimates · 2 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 4Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)
- Unit 4: Monitoring and Evaluation · 2 hours
  Define project planning, management, monitoring, and evaluation concepts.. Identify the stages in planning and execution.. Explain the monitoring and controlling cycle..
Week 5Module 1: PROJECT CONCEPT AND PLANNING (USAGE OF VARIOUS CHARTS)
- Unit 5 Project Implementation Strategy Skills · 2 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 6Module 2: PROJECT DEFINITION
- Unit 1 Project Definition · 2 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 7Module 2: PROJECT DEFINITION
- Unit 2 Project Planning and Scheduling · 2 hours
  Explain factors affecting project planning.. Discuss project planning and scheduling, including the planning time frame.. Understand project matrix charts and bar charts..
Week 8Module 2: PROJECT DEFINITION
- Unit 3 Types of Planning for Sustainable Business Success · 2 hours
  Elucidate planning in occupation.. Explain various types of plans, including strategic, tactical, and operational plans.. Understand the crucial components of strategic planning..
Week 9Module 2: PROJECT DEFINITION
- Unit 4 Project Management · 2 hours
  Define project management.. Identify the body of knowledge areas in project management.. List and explain the processes involved in project management..
Week 10Module 2: PROJECT DEFINITION
- Unit 5 Replacement Model · 2 hours
  Define Replacement Model. Explain the Equipment Maintenance/ Replacement/ Reengineering. Identify the types of failures.
Week 11MODULE 3: PROJECT INCOME AND EVALUATION
- Unit 1: Projected Income Statement · 2 hours
  Explain the meaning of projected income statement.. Discuss its application in project evaluation.. Prepare a projected income statement..
Week 12MODULE 3: PROJECT INCOME AND EVALUATION
- Unit 2: Projected Cash Flow Statements · 2 hours
  Explain what a projected cash flow statement is.. Explain how it can be prepared.. Explain its usefulness..
Week 13MODULE 3: PROJECT INCOME AND EVALUATION
- Unit 3: The Projected Statement of Financial Position (Balance Sheet) · 2 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 hours
  Review all units and TMAs. Prepare for final examination.

Preparing for the exam

What to do

Review all Tutor-Marked Assignments (TMAs) and Self-Assessment Exercises to reinforce understanding of key concepts.
Create concept maps linking project planning (Module 1), scheduling (Module 2), and evaluation (Module 3) techniques.
Practice cost estimation problems from Unit 3 (Module 1) using different methods (direct, indirect, standard costing).
Focus on understanding the project cycle (Unit 1, Module 2) and its application in real-world scenarios.
Prepare detailed notes summarizing the characteristics of different project evaluation criteria (Unit 4, Module 3).
Allocate study time evenly across all modules, but prioritize areas of weakness identified in TMAs.
Form a study group to discuss complex topics like economic analysis (Unit 5, Module 3) and replacement models (Unit 5, Module 2).

Questions students ask about this course

What is ENT828 about?

How many units does ENT828 have?

ENT828, Techniques In Development Project Planning For Entrepreneurs, has 15 units across 3 modules, over 156 pages of course material. You can read it one unit at a time.

How many credit units is ENT828?

ENT828 carries 2 credit units, at 800 level in Management Sciences.

Is ENT828 hard?

ENT828 is rated intermediate level, with basic mathematical content. It is mostly theoretical, practical and case study work, and it has a practical component.

How long does ENT828 take to study?

About 208 hours of study, spread across its 15 units.

How is ENT828 assessed?

ENT828 is assessed by assignments, tutor marked assignments and final examination.

What do I need before starting ENT828?

Basic understanding of business principles Familiarity with financial statements

What can I do with ENT828?

Project Manager, Business Analyst, Entrepreneur, Management Consultant and Program Coordinator.