100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MODULE3 $7.35
Add to cart

Class notes

MODULE3

 15 views  0 purchase
  • Course
  • Institution

Lecture notes civil engineering.

Preview 2 out of 7  pages

  • February 20, 2024
  • 7
  • 2019/2020
  • Class notes
  • Ndoloshe
  • Management ii
avatar-seller
WALTER SISULU UNIVERSITY: BUTTERWORTH CAMPUS
NATIONAL DIPLOMA: CIVIL ENGINEERING
MANAGEMENT II: MODULE 3: PRINCIPLES OF PROJECT MANAGEMENT


Table of Contents

Item Page

Table of Contents 1
1. Learning Outcomes & assessment criteria2
2. An Introduction to the Principles of Project Management 2
a) A project's life cycle.........................................................................................................................2
i) Project Life Cycle Costs....................................................................................2
ii) Project phases...................................................................................................2
(1) Conceptual phase.............................................................................................2
(2) Development phase..........................................................................................3
(3) Implementation phase......................................................................................3
(4) Termination phase...........................................................................................3
b) Work Breakdown Structure (WBS)..................................................................................................3
c) Project management process.............................................................................................................3
d) Project Management vs Operational Management...........................................................................4
e) Three Key Project Management Functions: Time, Cost & Quality..................................................5
i) Time Management.............................................................................................5
ii) Cost Management.............................................................................................5
iii) Quality.............................................................................................................6
3. References 7




Walter Sisulu University Management II Page 3.1

, WALTER SISULU UNIVERSITY: BUTTERWORTH CAMPUS
NATIONAL DIPLOMA: CIVIL ENGINEERING
MANAGEMENT II: MODULE 3: PRINCIPLES OF PROJECT MANAGEMENT


1. Learning Outcomes & assessment criteria

Specified Learning Outcomes Assessment Criteria:
Students must be able to:
1. Demonstrate a contextualised 1. Explain the following Project Management principles:
understanding of the Principles of 1.1. The project's life cycle, including:
Project Management 1.1.1. Project Life Cycle Costs
1.1.2. Project Life Cycle phases
1.2. The meaning and application of the Work
Breakdown Structure
1.3. How the Project Management process work
1.4. The differences between Project Management and
Operational Management processes
1.5. The meaning and application of the Project
Management functions: Time, Cost & Quality

2. An Introduction to the Principles of Project Management

Project Management (PM) is logically sound and easy to understand. Its principles are not
complicated premises conjured up by theoreticians; it developed in the workplace and can be
applied to virtually any type of task, as this simple model of a project's life cycle shows:

a) A project's life cycle

Any project comprises four basic phases:

Figure 1: Project phases

Conceptual Development Termination Four basic
phase phase Implementation phase phase "phases"

Scope is Definition Procurement Execution Commissioning Intermediate
defined planning specs of project "phases" added

PROJECT LIFE CYCLE

START END


i) Project Life Cycle Costs
The total accumulated cost through the four phases of a project is the project's life
cycle cost. This is used by project owners to choose between various project
alternatives.

ii) Project phases
(1) Conceptual phase
The conceptual phase is the one with the most crucial influence on the eventual
success of a project. The ultimate goal of the project must be compatible with the
constraints of limited resources. As the project progresses, the influence of this
phase on the possible project success will diminish if the scope of the project is
unrealistic in terms of the given constraints. The determined scope of the project


Walter Sisulu University Management II Page 3.2

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller winnienqeket. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.35. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53022 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.35
  • (0)
Add to cart
Added