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MGT4503

Project Uncertainty & Value Delivery

The course presents the core components within the project uncertainty and delivery domains. Topics include managing uncertainty, risk, and change, as well as the delivery of project value. The course adds new concepts and methods to those learned in previous project management courses and integrates and expands the topics of project uncertainty and value delivery using case studies, exercises, and real-world experiences. The course focuses on key aspects of managing uncertainty, risk, and change in project management, as well as delivering value through successful project execution. Furthermore, the course builds on previous project management knowledge by adding advanced concepts and methods related to uncertainty management, risk management, and value delivery. The course examines navigating the inherent challenges in projects while ensuring they create value for stakeholders and organizations.

The course presents the core components within the project uncertainty and delivery domains. Topics include managing uncertainty, risk, and change, as well as the delivery of project value. The course adds new concepts and methods to those learned in previous project management courses and integrates and expands the topics of project uncertainty and value delivery using case studies, exercises, and real-world experiences.

 

The course focuses on key aspects of managing uncertainty, risk, and change in project management, as well as delivering value through successful project execution. Furthermore, the course builds on previous project management knowledge by adding advanced concepts and methods related to uncertainty management, risk management, and value delivery. The course examines navigating the inherent challenges in projects while ensuring they create value for stakeholders and organizations.

 

UPON COMPLETION OF THE COURSE, THE STUDENT WILL BE COMPETENT IN:

  • Discussing ethical decision making and moral leadership in the project uncertainty and delivery domains.
  • Defining and discussing the uncertainty and delivery management processes.
  • Distinguishing among and identifying various types of uncertainty.
  • Understanding uncertainty management techniques.
  • Discussing, quantifying, and prioritizing uncertainty affecting the likely outcomes of a project.
  • Understanding methods and tools to manage project uncertainty, ambiguity, complexity, and volatility.
  • Discussing techniques to implement and monitor an outgoing schedule control process for the purpose of
  • responding to unplanned changes.
  • Understanding methods for performance measurement within the delivery domain including adaptive,
  • predictive, and hybrid models.
  • Understanding key approaches to manage key project outcomes.
  • Understanding and developing project estimation tools and techniques.
  • Understanding and developing project delivery tools and techniques.
  • Gaining a basic understanding of artificial intelligence (AI) in project management. Explore different tools and its applications for enhanced project outcomes and decision making.

 

ACQUIRED SKILLS

  • Executive Presentations Development:
    • Uncertainty and Risk Management
    • Project Delivery Models
  • Ethical Decision Making
  • Schedule Management
  • Earned Value Analysis

Syllabi

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