Overview

Accelerate your career by improving your project management skills. This Specialization delivers a rigorous exploration of the best practices for planning and delivering these major engineering projects. You’ll learn about the measures of success, how to resolve challenges of governance and typical financing approaches of these projects. If you are an engineer or a project manager and you aspire to get involved with major engineering projects, or you are already working on one, then this Specialization is for you. Master your project management skills and prepare to develop your career in engineering. This specialization is based on content from the Online MSc in Engineering Management. If you interested to develop your career further, take a look at our online degree.

Syllabus

Course 1: Major Engineering Project Performance
Course 2: Major Engineering Projects: Governance, Risk and Scope
Course 3: Financing and Initiating Major Engineering Projects

Courses

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19 hours 28 minutes
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Manage large projects by identifying their key characteristics, examining the key factors and risks that affect their performance and exploring methods to counter their impact on the successful delivery of projects. Looking into examples of best practice, you'll explore the relationship between projects, programmes and portfolios. You'll also discover the roles performed by the project manager, examine the difficulties associated with quantifying transaction costs in major project management and consider how different management approaches impact on these costs. Optimism bias and strategic misinterpretation regularly cause delays to major engineering projects. Using stimulating case studies, you'll evaluate the measures of success and compare and contrast 'project success' versus 'project management success'. In the final week of the course, you'll research and present a contemporary example of a major engineering project from your own country. This course explores concepts analysed in the University’s Online MSc in Engineering Management. If you are interested to develop your skills further, take a look at our online degree.
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23 hours 38 minutes
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Gain confidence when dealing with stakeholders of major projects by learning to identify and manage those that are involved in the project planning and delivery. This course will enable you to explore project governance in theory and practice. Through real life examples you’ll understand how the critical challenges of the governance in major projects are resolved. Being able to successfully manage risk and uncertainty in major projects is vital for their delivery. In this course you’ll learn to distinguish between risk and uncertainty and the role of risk register. You’ll identify the unique challenges of scope management in major projects and employ scope management tools and techniques that will facilitate your project planning. This course explores concepts analysed in the University’s Online MSc in Engineering Management. If you are interested to develop your skills further, take a look at our online degree.
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21 hours 29 minutes
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To successfully lead major projects you have to understand typical investor and project financing approaches. In this course, you’ll learn to interpret some key contractual instruments that are relevant for the financing of major engineering projects so that you are in a position to ensure the financially secure delivery of your project. You’ll explore the concept of “time value of money” and be able to compute key indicators such as “Pay-back time”, “Net Present value” and “Internal Rate of Return”. You’ll identify common stakeholder and management approaches, and be able to implement key messaging, take accurate requirements and manage expectations. Through real-life case studies, you’ll identify appropriate best practices related to governance, execution strategies, requirements management, procurement, asset and risk management and organisational design and development for the successful delivery of large engineering projects. This course explores concepts analysed in the University’s Online MSc in Engineering Management. If you are interested to develop your skills further, take a look at our online degree.