BPH_BUPR Business Projects

Faculty of Economics and Administration
Autumn 2015
Extent and Intensity
1/2. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Tuck Lloyd Crawford MacRae, M. B.A. (lecturer)
Ing. Petr Smutný, Ph.D. (lecturer)
Tuck Lloyd Crawford MacRae, M. B.A. (seminar tutor)
Ing. Petr Smutný, Ph.D. (seminar tutor)
Ing. Peter Marinič, Ph.D. (assistant)
Guaranteed by
Ing. Petr Smutný, Ph.D.
Department of Corporate Economy - Faculty of Economics and Administration
Contact Person: Mgr. Jana Nesvadbová
Supplier department: Department of Corporate Economy - Faculty of Economics and Administration
Timetable
Wed 11:05–12:45 S311
  • Timetable of Seminar Groups:
BPH_BUPR/01: Thu 12:50–14:30 S301, T. MacRae, P. Smutný
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 27 student(s).
Current registration and enrolment status: enrolled: 0/27, only registered: 0/27, only registered with preference (fields directly associated with the programme): 0/27
fields of study / plans the course is directly associated with
there are 6 fields of study the course is directly associated with, display
Course objectives
At the end of the course, students will have:

1. A thorough comprehension of the PRINCE2 methodology and the ability to apply it from the perspective of a project manager.
2. An in-depth understanding of risk and the ability to formulate a well-defined and implementable risk management strategy.
3. An overall understanding of project scheduling tools and techniques combined with a detailed working knowledge of:
a. Product Breakdown Structures;
b. Product flow diagrams;
c. Activity networks;
d. Pert charts;
e. Critical path analysis;
f. Gantt charts;
g. Work Breakdown Structures; and
h. Resource allocation.
4. A thorough knowledge of Product Based Planning and the ability to utilize the technique for all plans specified in the course.
5. An intermediate knowledge of cost estimating and project budgeting techniques and the ability to use them in the context of the course deliverables.
6. The ability to design and use progress tracking mechanisms and controls for time, cost, quality, risk, scope and benefits.
Syllabus
  • 1st week
  • Introduction, Establishing the topic, Deliverables and grading. An Introduction to PRINCE2, Ottawa Senators Project.
  • Scheduling, Activity networks, Pert charts, Gantt charts, Work Breakdown Structures
  • 2nd week
  • Resource allocation, budgeting
  • Project Organisation and Structure, Introduction to Processes, The PRINCE2 Project Lifecycle, and Starting up a Project.
  • 3rd week
  • PRINCE2 Plans, Initiating a Project, Product Based Planning, and Progress.
  • Risk analysis. Risk management
  • 4th week
  • Teamwork (lecture)
  • Teamwork (workshop – Teamwork Policies discussions)
  • 5th week
  • Risk Management, Change, Risk Management Strategy, Directing a Project.
  • Progress Tracking.
  • 6th week
  • Quality, Quality Review Technique, Controlling a Stage, Managing Product Deliverables.
  • Business Case, Managing Stage Boundaries, Closing a Project. The Benefit Review Plan, Tailoring PRINCE2 to the project environment. Review of the Senators Project.
  • 7th week
  • Workshop (PRINCE2)
  • Workshop (Schedulling, Basic Budgetting)
  • 8th week
  • Team presentation of the Initiation Stage Plan.
  • 9th week
  • Workshop (Risk Management Doc, Communication Doc)
  • 10th week
  • Workshop (Risk Management Strategy)
  • 11th week
  • Workshop (Project Plan Doc, Revised Business Case Doc, Project Plan Doc)
  • 12th week
  • Workshop (Project Plan Doc, Revised Business Case Doc, Project Plan Doc)
  • 13th week
  • Round table discussion.
Literature
    required literature
  • Managing successful projects with Prince2. 5th ed. London: TSO, 2009. 327 pp. ISBN 978-0-11-331059-3. info
Teaching methods
Lectures, workshops, teamwork, presentations.
Assessment methods
There will be eight student deliverables of which five will be used for grading purposes. They are as follows:
1. The first deliverable is an individual assignment worth 10% of the total grade. This assignment will be used to evaluate each student’s understanding of project management, level of articulation, leadership potential, and overall course commitment. The essay is due in week 2.
2. Deliverable two is a teamwork assignment. Based on their in-class discussions, students will be required to describe their Team Management Policies which they will use to facilitate cooperation during the work on their team assignments. This deliverable is worth 15 % of the grade.
3. Deliverable three is a group assignment worth 20% of the total grade. Students will be supplied with a Project Brief and Product Descriptions needed to develop the Initiation Stage Plan. Using these documents, the group must develop a cohesive Initiation Stage Plan which they will follow from week 9 until the end of the course in week 13. The assignment is due in week 8.
4. Based on deliverable number 3, Initiation Stage Plan, each group must prepare and deliver a presentation detailing their plan. Each student in the group must present their own work, not the work of another team member. In extreme cases, where it is obvious that the presenter is not the author of the work, that portion of the presentation will be deemed as plagiarised and each student in the group will be docked 10% from their final grade.
5. Deliverable four is worth 45% of the final grade and is due in week 13. Students will be provided with the project Configuration Management and Quality Management Strategies. Using these two strategies as a foundation they will develop the Risk Management and Communication Management Strategies, the Project Plan, a revised Business Case, a Benefits Review Plan, and the first delivery Stage Plan.
6. Highlight Reports will be submitted to the Project Board in week 6, week 9 and week 12. A standard Highlight Report template will be provided to the students. Groups not providing the reports on time, in the prescribed format, or who demonstrate in the report that they are not managing their work and the project in a professional manner will be docked up to 10% from their final grade.
7. A round table discussion will be held in week 13. The purpose of the round table is to allow students to discuss their accumulated lessons learned, share perspectives on project management, and comment on how they will apply the learning experience in the future. Attendance at the round table is mandatory unless otherwise agreed by the instructors. Unexcused absence will result in the docking of 10 % from the students’s grade.
8. Two peer evaluation deliveries are included in the course. The first evaluation is due in prior to class in week 8, the second prior to class in week 11. Each student must submit a completed evaluation form for each member in their group. A standard form will be provided to students prior to week 8. Evaluations will be consolidated by student. Each student will receive the results of their evaluation once they have been consolidated. Week 8 evaluation are used to inform student of their strengths and weaknesses as defined by their group peers. Week 11 evaluations will represent 10% of the student’s final grade.


Any copying, keeping a record of tests or carrying the tests out, using forbidden aids including any communication devices or any other breach of objectivity of the exam is regarded as a failure to meet the obligations of the subject and as a serious breach of study regulations. As a consequence, the teacher grades the student with "F" and the dean is allowed to initiate a disciplinary action, which might lead to the termination of the studies.
Language of instruction
English
Further comments (probably available only in Czech)
Study Materials
The course is taught each semester.
General note: Předmět je nabízen pouze zahraničním studentům.
Information about innovation of course.
This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

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The course is also listed under the following terms Autumn 2009, Spring 2010, Autumn 2010, Spring 2011, Autumn 2011, Spring 2012, Autumn 2012, Spring 2013, Autumn 2013, Spring 2014, Autumn 2014, Spring 2015, Spring 2016, Autumn 2016, Spring 2017, Autumn 2017, Spring 2018, Autumn 2018, Spring 2019, Autumn 2019, Spring 2020, Autumn 2020, Spring 2021.
  • Enrolment Statistics (Autumn 2015, recent)
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