Course Outline

Topics: Project management, Management, Work breakdown structure Pages: 15 (995 words) Published: November 10, 2013
ISOM 4750 Business Project Management
Fall 2013
Department of Information Systems, Business Statistics, and
Operations Management

COURSE:

ISOM 4750 Business Project Management (3-0-0:3)
This course covers basic principles and practices of project management. Special emphases are on project planning, scheduling, and control while addressing both the technical and the social aspects of managing business projects.

Fall 2013
Time: 9:00–10:20 p.m., Monday and Wednesday
Venue: LSKG005
Website: http://lmes2.ust.hk

INSTRUCTOR:

Dr. Qing LI (imqli@ust.hk)
Office: Room 4071, LSK Business Building
Phone: 2358-7749
Office hours: 2:00 – 3:00 p.m. MW or by appointment

TEACHING
ASSISTANT:

Edmond Ho (imhcf@ust.hk)
Office: Room 4065, LSK Business Building
Phone: 2358-8543

TEXTBOOK:

Project Management: The Managerial Process, 5th edition, by Gray and Larson (McGraw-Hill, 2011)

GRADING
POLICY:

Final course grade will be determined by the following criteria and distribution. University's guidelines on grade distribution will be observed if the class performance is significantly deviated from the University's recommended grade distribution.

Participation (class and LMES)
Group project
Exercises and lab assignments
Comprehensive final exam
Total

10%
20%
20%
50%
100%

Class attendance is expected. Each absence (for whatever reasons) beyond two allowable absences will result in 1-point reduction from your total course score unless you have a valid, compelling reason. Late to class (beyond 15 minutes) twice will be counted as 1 absence. You can earn participation points by: (1) Making contribution in class discussions and (2) Active use of discussion board at LMES. Points will be awarded according to the relevance, quality, and pattern of your contribution. The maximum participation points will be 10 for the course and 1 for each week.

LEARNING
GOALS:
(with matching PILO)

1. Master key concepts, techniques, and decision tools used by project managers and team members (PILO-1,4,7).
2. Identify critical behaviors for successfully managing projects, and to prepare you to effectively participate as a project team member (PILO-3,5,6).
3. Use MS Project software for managing projects (PILO-7).
4. Become an effective team leader and member by participating in group assignments and presentations (PILO-2,5).

Note: A list of BBA(OM) program intended learning outcomes, PILO, is available at http://ihome.ust.hk/~bbaom/program/.

Week

Reading

Topics

Week 1
Sep. 2 & 4

Chapter 1

Introduction
 Project vs routine operations
 Basic concepts of project management
 Career issues and PMI

Chapter 18
(pp. 603-608)
Chapter 2

Week 2
Sep. 9 & 11

Project Selection and Portfolio Management
 Project portfolio management
 Project selection methodology

MS Project
notes

Project Management in a Nutshell
 Overview of project life cycle
 Learning the basics of MS Project

Chapter 4

Defining the Project
Project scope, priority and work
Work breakdown structure and responsibility matrix




Week 3
Sep. 16 & 18

Chapter 5

Budgeting: Estimating Project Costs
Guidelines and best practices for estimating
Top down vs. bottom up estimations




Chapter 6

Scheduling
 Project network diagrams
 Project scheduling tools: CPM and Gantt chart
 Extended techniques and consideration
Video #1: Managing the HKIA Project

Week 4
Sep.23 & 25

Chapter 7

Scheduling (Continued)
Managing Risk
 Risk management process
 Working with estimates and dependencies
Video #2: Planning for a wedding reception

Week 5
Sep. 30 & Oct. 2

MS Project Lab #1
 Creating and defining projects
 Working with estimates and dependencies
Managing Risk (Continued)

Week 6
Oct.7 & 9

Chapter 8

Analyzing Resources
 Time-constrained vs. resource-constrained projects
 Using the resource schedule to develop a project cost
baseline
MS...
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