The Innovation of Things
The upcoming semester for this program will be delivered in a multi-modal format, with classes designed to support and engage all learners. Whether they're on campus or abroad, all students will be able to access Bond's exceptional and personalised learning experience through dynamic and interactive lectures, tutorials, seminars, workshops and lab sessions.
Introducing Master of Project Innovation
The world of project management is changing. Projects and programs are increasingly creative in nature, embedding innovative thinking, and dealing with complex business environments. Disruption and change management are becoming normal. A ‘management by projects’ approach, based on interdisciplinary team collaboration, is well suited to complex and / or innovative endeavours and is redefining hierarchical structures of corporate governance in the new gig economy. Innovation in project management, including adaptable practices (such as 'Agile' methodologies) that can respond quickly to opportunities, exploration of alternative solutions and the freedom to experiment, requires a new approach that is not constrained by conventional ideologies and the fear of failure. The parallel processes of innovation management and project management need to interact, new ways of working need to be applied where time is of the essence, and the benefits of design thinking within a diverse team environment must be realised.
Innovation is an opportunity for project managers relating to their role in the initiate, implement or influence phases of the life cycle, especially for complex projects. It requires cross-disciplinary approach using creative and entrepreneurial skills and blending financial, social, political and environmental criteria to realise value for project stakeholders. It is a new way of thinking, and a desire to measure success not just in the delivery of projects but also taking account of good design and end-user delight. Projects must be progressive and generate collective utility.
The Master of Project Innovation is designed to enhance graduate capabilities to meet future challenges in professional practice and up-skill knowledge over time. Dealing with increased project complexity and the risks of unforeseen consequences and impacts requires that the management of projects adopt a broader (systems thinking) approach. Project innovation is considered to be the next big thing for the project management discipline.
International Study Tour
*Please note: International study tour is subject to VISA approval.
We also offer a combined degree in Master of Project Innovation/Master of Project Management.
- A 10-day International study tour is a core component of the program*
- Digital badges for up to six career specialisations
About the program
The Master Degree explores a number of topic areas centered around emerging job descriptions for project managers, drawn from product manager, designer thinker, change agent, Agile coach, business analyst and entrepreneur. The program comprises six core, research methods, research project (double-weighted) and three elective subjects.
|Mode||On Campus and Remote|
Due to current travel restrictions, this program will temporarily be delivered using a mixture of on-campus, remote and multi-modal classes to support and engage all students, from all parts of the world.
|Duration||4 semesters (1 year 4 months)|
|Program type||Masters Coursework|
|Study area||Architecture and Built Environment|
|Credit for prior study||For more details on applying for credit, please contact the Student Business Centre: [email protected]|
Required subjects (8)
- Behaviour in Organisations (MGMT71-600)
- Project Innovation and Change (MGMT71-326)
- Entrepreneurship and Innovation (ENFB71-104)
- The Digital Project Manager (SSUD71-410)
- International Project Management (SSUD71-404)
- Systems Thinking and Management Modelling for Projects (SSUD71-407)
- Research Methods in Humanities & Social Sciences (HUMR71-100)
- Research Project (SSUD74-200)
- Students can choose up to three subjects from the University’s list of available postgraduate subjects.
The below fees are based on the total estimated program fee divided by the number of standard full-time semesters required to complete the program. Fees may vary based on which subjects are selected and the number of subjects enrolled in for each semester.
Semester program fee:
- Students commencing study in 2021: $14,064* per semester average
- Students commencing study in 2022: $14,064* per semester average
Total program fee:
- Students commencing study in 2021: $56,255
- Students commencing study in 2022: $56,255
When considering the fees associated with your studies, keep in mind that Bond’s accelerated schedule means you can finish your degree sooner and be out in the workforce up to a year earlier than most other universities.
This time saving also represents a substantial reduction in accommodation and living costs, plus a full year of extra earnings.
* The fees listed are average costs displayed to provide an indicative program cost only, they may differ to the indicative fee included in the Bond University offer letter due to differences in individual and exact study schedules.
Tuition fees are subject to change on an annual basis and will be charged at the appropriate fee for the year of enrolment.
* Note: for students commencing January 2021 the University has held the 2020 tuition fee amount in recognition of the current circumstances, with 2021 fees effective only from the University’s May 2021 semester.
Academic entry requirements
Completion of an Australian Bachelor degree or equivalent at an approved institution.
Please contact the Office of Future Students for further information.
English language proficiency requirements
As tuition is delivered in English, all students will be required to provide documented evidence of the required level of proficiency in the English language. Read more detailed information on English Language Proficiency Requirements for university study.
Credit for prior study
Subject credits may be awarded for previous studies. To apply for credits, you will need to submit academic transcripts including detailed subject outlines/course descriptions for each relevant subject and/or certified copies of testamurs to the Office of Future Students. Please refer to how to apply for credit for more information
How to apply
A ‘management by projects’ approach, based on interdisciplinary team collaboration, is well suited to complex and / or innovative endeavours and is redefining hierarchical structures of corporate governance in the new gig economy. Innovation in project management, including adaptable practices (such as 'Agile' methodologies) that can respond quickly to opportunities, exploration of alternative solutions and the freedom to experiment, requires a new approach that is not constrained by conventional ideologies and the fear of failure. The parallel processes of innovation management and project management need to interact, new ways of working need to be applied where time is of the essence, and the benefits of design thinking within a diverse team environment must be realised.
Graduates can apply their new knowledge to a wide variety of industries and opportunities, including:
- Information Technology
- Events & Logistics
- Marketing & Communication
- Finance & Banking
- Agriculture & Built Environment
to name a few; however, Project Innovation is expansive and multi-dimensional in its implementation across any industry.
Digital badges in up to six emerging career specialisations relevant to modern project management are also available:
- Design thinker: Deploys a user-centric approach to develop innovative solutions from engineering and design by combining ideas from the arts, social sciences and the business world.
- Product manager: Responsible for defining the why, when and what of the product, leading cross-functional teams from a product's conception all the way through to launch.
- Change-agent: Helps an organisation transform itself by focusing on the effect of changing technologies, structures and tasks on vital interpersonal and group relationships.
- Agile coach: Available on staff to help oversee the adaptive methodology long term, guide and support agile teams and help the organisation embrace agile as a cultural shift.
- Business analyst: Helps facilitate solutions for stakeholders by defining business needs and extracting and documenting requirements aimed at resolving a current problem or future opportunity.
- Entrepreneur: Leads the process of designing, launching and running a new venture often using a project-based approach to embrace economic, social and/or environmental innovation.
High achieving students will be encouraged to complete their Doctor of Philosophy (PhD).
Employer satisfaction with graduates from Bond University has been rated highest in Australia for two years in a row, according to the 2019 Employer Satisfaction Survey published by the Department of Education and Training.
The program’s focus on practical skills, combined with Bond’s employability initiatives such as the Career Development Centre, on and off-campus industry and work experience opportunities, means you will enter the workforce with the skills, experience and employability to stand out. As a graduate of Bond’s fast-tracked Master of Project Innovation, you will have a competitive edge in your career.
So, What is the Innovation of Things?
Professor Craig Langston presented to 250 delegates at the PMIAC19 about his research into ‘The Innovation of Things’. Bond was a Diamond Sponsor of the conference, which was held at Royal Pines on the Gold Coast 27-29 May.
A key message was that innovation is increasingly being viewed through the lens of projects, and that the innovation of things is another way of saying that innovation should be embedded in everything we do. Innovation comprises a combination of design thinking (understand), innovation management (explore) and project management (materialise).
Professor Langston also received the PMIA Research Achievement Award for 2019 at the conference gala dinner.
For a copy of his paper, please click here.