Advanced Project Management

Unit 501

I want my students to understand the range of concepts, techniques, ideas and tools that will prove useful in their careers. I want to enthuse them to use this as the basis for their on-going skill development. Geoff Barton

Chifley is a registered education provider with the Project Management Institute (PMI), USA, for this project management course [R.E.P. Provider No. 2032]. This unit provides 120 professional development units (PDUs) for PMI members.

This unit is endorsed by the Australian Institute of Project Management (AIPM). This unit provides 20 continuous professional development (CPD) points for AIPM members.

Overview

This unit builds on the concepts explored in Unit 303-Project Management, with a particular emphasis on the complexities involved in managing high-risk technology projects. It covers both the technical and the human side of advanced project management. Pre-requisite: Unit 303—Project Management.

Aims

After studying this unit you should be able to:

• identify the high-risk factors in projects and the sources of uncertainty in technology intensive projects and be able to apply a systematic process to manage project risks
• apply 'systems' thinking to the definition of project scope and contract relationships
• determine appropriate strategies to manage risk related to contract scope, work authorisation and authority, progress measurement and product performance for advanced technology systems
• select appropriate techniques to control the scope, design and acceptance of these complex deliverables and specialty effort
• explain why the degree of definition of a project has a direct influence on the accuracy of the forecast of its cost
• explain the processes required and the commercial considerations involved in business case and tender preparation
• outline the roles of portfolio and program managers and describe some of the key processes and tools used by them
• investigate the application of appropriate non-adversarial contractual relationships for the most efficient delivery of a project.

Topics

• Advanced project management
• Definition and authority
• Risk
• Defining and managing scope
• Acquisition strategy and development models
• System definition and configuration management
• Business cases and tenders
• Performance management
• Portfolio and program management
• Relationship contracting

Unit Chair

Geoff Barton

Study Guide Author

Ronald Sulman