TU-E2030 Advanced Project-based Management A (3-5 cr)
Responsible teacher: Jere Lehtinen
Level of the Course: Master level (major/minor)
Teaching Period: I-II (autumn)
Workload: 3 cr. version: Lectures 6 x 4 h = 24 h, case assignments 4 x 5 h = 20 h, lecture preparations (reading the articles) 6 x 2 h = 12 h, exam preparations 22 h, exam 3 h, in total 81 h
5 cr. version: Lectures 6 x 4 = 24 h, case assignments 4 x 5 =20 h, lecture preparations (reading the articles) 6 x 2 h =12 h, exam preparations 22 h, exam 3 h, empirical group assignment 45 h, guidance, reporting and feedback sessions 7 x 0.5-2 h = 8h, in total 134 hours
Upon completion of the 3 cr. course, students are able to:
· Identify advanced knowledge areas and concepts (e.g. contextual factors, dimensions and uncertainties) affecting management of project and project-based firms
· Know different management processes and methodologies and can evaluate their suitability to divergent project environments
· Recognize temporal dimension in project business and can position project on the larger system life cycle
· Recognize the networked nature of project business and can acknowledge perspectives of differing actors when analyzing a single project
Additionally, upon completion of the 5 cr. course students are able to:
· Evaluate, analyze and distinguish between approaches and processes to manage real-life projects, project-based firms and project networks
· Choose and suggest appropriate management approach for a real-life project
Content: The course discusses practical application of project management in different types of projects, and in different organizations and industries. Course covers advanced project management approaches and methodologies in specific core areas, including organizing, scheduling and management of time on project and system life cycles, management of risk and uncertainty, management of stakeholders and multi-firm networks.
Additionally, 5 cr. version provides a wider viewpoint of multi-project and multi-firm business contexts. For this purpose, the ‘project business framework’ is used in in the empirical assignment for analyzing a real life project and project-based firm Four distinctive management areas are included in the framework: management of a project, management of a project-based firm, management of a project network, and management of a business network.
Assessment Methods and Criteria: 3 cr. version: Exam (55%) and case assignments (45%)
Exam is based on the reading material and the course lectures.
Four case assignments are conducted in student groups sequentially during the lecturing period. The themes of the case assignments are connected to lectures and course material.
5 cr. version: Exam (35%), case assignments (25%), empirical assignment (40%)
In the 5 cr. version the additional empirical assignment is conducted in student groups after the lecture period. The assignment includes an empirical analysis of a selected project and a firm conducting the project as well as the wider business context and multi-firm network. The assignment is reported and presented in several cycles in a vivid interaction between the student groups and course staff.
Study Material: The course material consists of selected articles, book chapters and case assignments that are distributed to students via MyCourses.
Substitutes for Courses: TU-22.1425
Course web-page: https://mycourses.aalto.fi/course/view.php?id=18347
Prerequisites: TU-C3010 Introduction to Project Management or similar
Grading scale: 1-5
Registration for Course: Registration via WebOodi before the first lecture.
In 5 cr. version, special application is required. Application procedure is explained on the first lecture.
Language of Instruction: English
Further Information: Participation requires that the course is included in the personal study plan of the student (HOPS)
The 5 cr. version version must be in included in either 1) major or 2) minor studies of the student.
The number of the participants to the 5 cr. version can be limited on these grounds.