KB7033 - Project change, risk and opportunities management

This module will allow you to develop the relevant subject knowledge. You will learn through a combination of engaging, interactive methodologies and teaching approaches, including lectures, seminars, academic staff-guided independent learning, independent student learning, and by engagement in technologically-enhanced learning (TEL). A directed study of textbooks will support formally scheduled teaching, PSRB reports and scholarly journal articles (hard copy or electronic), critical evaluation of case studies, problem-based learning, simulation and reflection exercises. Additional formally scheduled teaching approaches will include video presentations, peer group discussions and presentations. The module will also use an inter-disciplinary approach to the development of the syllabus and teaching resources.

Academic staff will provide guidance, 1-2-1 support (where possible), or use interactive asynchronous online peer support forums on the University’s virtual learning environment (VLE) to support you in your studies. Academic staff will use guided independent learning activities, e.g., directed reading. You will supplement this structured support with independent learning activities.

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

Knowledge & Understanding:
1. Evaluate the impact of client requirements, scope and external stakeholders upon value and risk management decisions in the project process

Intellectual / Professional skills & abilities:
2. Analyse the overall facets of project value and evaluate approaches to value management that are applicable to project management.
3. Critically analyse and apply appropriate techniques to understand the key drivers for change.
4. Develop and evaluate governance frameworks and their ability to deliver strategic objectives within project orientated organisations

Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):
5. Appreciate the complexity and diversity of behavioural dynamics

Formative Assessment
Academic staff on the module will assess you in a formative manner to help build your confidence and highlight any misunderstandings you may have of the theoretical and professional concepts presented in the module. Your formative feedback will be given to you either verbally by academic staff on the module during formally-scheduled teaching sessions or digitally using the University’s VLE. Your formative feedback aims to help you learn and prepare for the submission of your summative assessment.

Summative Assessment
Academic staff on the module will assess you in a summative manner by one piece of coursework. Academic staff on the module will use the coursework to evaluate your ability to satisfy all the module’s learning outcomes. You will use the University’s VLE to submit your coursework. Academic staff on the module will use digital feedback tools to issue your feedback.

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The contemporary business environment needs project managers equipped with the necessary knowledge and tools to be able to face any events that may impact on a project’s products, resources, stages or objectives. This module will enable you to manage the inevitable risks and uncertainty that projects deliver and the multi-faceted challenges that come about as a result of the change. As part of this module, you will study the practicalities of managing these issues. You will explore the strategies that you have learnt and see the complexities that develop from their implementation.