The innovation of things
Introducing Master of Project Innovation / Master of Project Management (MPI+MPM)
The Master of Project Management is accredited by RICS, PMI (Project Management Institute) and AIPM (Australian Institute of Project Management).
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.
Bond University’s Master of Project Innovation / Master of Project Management explores emergent ideas and directions and expands them further in time. The program is delivered in collaboration with Bond Business School and Transformer – an Australian-first entrepreneurship program offered to all Bond students. This means you’ll have the opportunity to study subjects that will strengthen not only your project management knowledge but also your business and entrepreneurship skills to better position you as an innovator and leader.
Project Innovation and Project Management
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 a 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 / Master of Project Management is offered as a combined program that reduces the overall duration of study by 25%. Our program 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.
Graduates receive dual degrees after completing two years of full-time study.
- A 10-day International study tour is a core component of the program*
- Work experience opportunities within the University’s Transformer initiative
- Digital badges for up to six career specialisations
- Master of Project Management is recognised and accredited by PMI, AIPM and RICS
About the program
The Master of Project Innovation and Master of Project Management combined program enables students to explore emergent ideas and future directions applicable to global project management practice, while also covering traditional skills and competencies. The curriculum addresses a range of learning opportunities including design thinking, adaptable mindsets such as Lean and Agile, innovative product management, systems thinking and delivery of digital projects. Show more
The Master of Project Innovation and Master of Project Management combined program enables students to explore emergent ideas and future directions applicable to global project management practice, while also covering traditional skills and competencies. The curriculum addresses a range of learning opportunities including design thinking, adaptable mindsets such as Lean and Agile, innovative product management, systems thinking and delivery of digital projects. Students undertake an international study tour where they are able to see examples of project innovation and experience other project management practices and cultures, as well as access up to one year of on-campus work experience as part of The Transformer initiative. Show less
|Duration||6 semesters (2 years)|
|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]|
The Master of Project Management program is recognised and accredited by the Australian Institute of Project Management (AIPM), the Royal Institution of Chartered Surveyors (RICS) and the Project Management Institute (PMI).
Students can obtain up to one year of real work experience during this program, as a valued team member within Bond University’s Transformer initiative.
Graduates are able to apply their new knowledge to a wide variety of industries and opportunities. 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.
Required subjects (14)
- Behaviour in Organisations (MGMT71-600)
- Project Innovation and Change (MGMT71-326)
- Entrepreneurship and Innovation (ENFB71-104)
- Expert Witness and Dispute Resolution (SDCM71-323)
- Risk Management (SDIM71-201)
- Principles of Project Management (SSUD71-103)
- Project Finance and Procurement (SSUD71-111)
- Project Portfolio and Program Management (SSUD71-305)
- The Digital Project Manager (SSUD71-410)
- Project Resource Planning (SSUD71-403)
- 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) (20 cp)
- Students can choose up to three subjects from the University’s list of available postgraduate subjects.
The below fees are based on an average per semester cost, fees may vary based on which subjects are selected and the number of subjects enrolled in for each semester:
- 2020 fees: $13,610 per semester (based on 3 subjects per semester)
- 2021 fees: $14,090 per semester (based on 3 subjects per semester)
Price may vary depending on elective discipline choice.
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 if you went to another university.
This time saving also represents a substantial reduction in accommodation and living costs, plus a full year of extra earnings.
Academic entry requirements
Completion of an Australian Qualifications Framework Level 7 Bachelor degree or equivalent from 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
International study tour
The subject International Project Management is delivered in the form of a 10-day overseas study tour. Flight and accommodation expenses are at no additional cost to the student. Students should budget approximately $600 for food and other out-of-pocket expenses. It is the responsibility of students to ensure that they hold a valid passport and entry visa for the destination country. Students will undertake an immersive experience of project innovation and better appreciate other cultures and project management practices. Past study tours have visited the United Arab Emirates, Japan and Singapore.
*Please note: International study tour is subject to relevant VISA approval.
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.