Subjects overview
This program can be completed in 1 year (3 semesters)
This program is only available to domestic students. Your preference is currently set to international.
This program is only available to domestic students. Your preference is currently set to international.
Required Subjects
Students must complete the following forty credit points (40CP) of subjects.
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SDIM71-201: Risk Management (10CP)
Making effective decisions in the context of uncertainty is vital to all aspects of a project's life cycle. This subject explores the link between project scope and risk management with particular emphasis on the implementation (executing) phase of delivery. A comprehensive study of the identification, measurement, pricing and management of risks encountered in delivering large and complex projects is fundamental to the level of project performance. Key topics include: mitigation and contingency planning; dealing with uncertainty; disaster planning and recovery; risk identification, management and communication; change management (including scope change and creep); emergent risks; use and development of risk registers; use of risk software; and organisational risk management systems (including human safety). A novel simulation game is employed to test students ability to exercise good judgement in realistic life and death scenarios. The importance of proper scope definition, change and validation to maximise stakeholder satisfaction are reinforced via case studies.
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SSUD71-103: Principles of Project Management (10CP)
Managing complex projects involves an understanding of the processes, techniques and tools used in project management. This subject provides an overview of the discipline by exploring these systematically using the internationally recognised Project Management Body of Knowledge (PMBOK® Guide) as a foundation. Project integration, scope, schedule, cost, risk, quality, resource, communications, procurement, stakeholder and, looking forward, environmental management reflect the generic knowledge areas that combine to support successful project implementation and social responsibility. A hands-on (learning by doing) approach is adopted within a flipped classroom delivery strategy to link theory with practice and deal with project change in real-time. A key outcome for students is being able to evaluate how project managers can determine whether they have been successful (in terms of planned versus actual performance) by ensuring that the project is delivered within budget, on time, as specified, and with no surprises. Students demonstrate competency in project integration management, in particular, by preparing a detailed project plan for an authentic case study with the help of a personal 'coach' to provide individual direction and advice throughout the process.
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SSUD71-111: Project Finance and Procurement (10CP)
A robust understanding of finance and procurement is vital to successful project delivery. This subject examines financing and procurement management of projects, with particular emphasis on the initiation phase, using a range of international case studies drawn from both public and private sectors. The financing component includes the design, structuring, costing, sourcing and management of project finance, credit risk analysis, the cost of capital, principles of financial accounting, capital structure, markets and securitisation. The procurement component includes different types of contractual arrangements, responsibilities and appropriate organisational structures, solicitation planning, governance, the process of feasibility analysis, bid design and selection criteria, setting of a project budget and cost baseline, and implications for contract administration and contract close-out. Together, finance and procurement management ensure the ‘right project’ is selected and that client/sponsor satisfaction and value for money are ultimately delivered.
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SSUD71-403: Project Resource Planning (10CP)
The two most commonly identified critical success factors for projects are an appropriately involved and supportive sponsor and an experienced and people-savvy project manager who understands what it takes to create a performance-focused culture. This subject emphasises the people (soft) skills of project management and the qualities of effective project leadership and communication, including emotional intelligence. These comprise leadership maturity, advocacy, strategic awareness, executive presence and project planning skills. Specific topics explore the interaction between project time and human resource management, such as high-performance teams, resource planning and productivity, resource allocation and levelling using industry-leading software, ethical behaviour, positive project-corporate politics, stakeholder engagement, influence and persuasion, the art of negotiation and compromise, and conflict management. The application of 'Agile' project management is also introduced and compared to traditional project planning frameworks.
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Study plan
Take the guess work out of planning your study schedule. Your program's study plan has been carefully curated to provide a clear guide on the sequential subjects to be studied in each semester of your program. Your study plan is designed around connected subject themes to equip you with the fundamental knowledge required as you progress through your course.
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Program not available for international students
Your preference is currently set to international. If you’re a domestic student, return to the program.