IND514 Project Business and Governance

The course is connected to the following study programs

• Master's Programme in Industrial Economics and Technology Management
• Master's Programme in Industrial Economics and Technology Management (5 years)

Teaching language

Norwegian or English

Recommended prerequisites

The course requires a level of knowledge as is covered in the course IND416-G Project Management and -Planning. Recommended level of knowledge as covered in the courses IND419-G Engineering Management and IND418-G Lean Production. We recommend that IND422-G Risk Management course is studied concurrently. This is an advanced level course within project management, and emphasizes comprehensive managerial and business perspectives on project-based industries.

Course contents

Module 1: Project marketing and sales

• • The project marketing and sales process

  • Managing (customer) relationships in project business

Module 2: Delivery models

• • Project delivery systems/models

  • Relational delivery arrangements (partnering, alliances, IPD)

Module 3: Advanced project management methods

• • Agile project management

  • The Design Structure Matrix

Module 4: Sustainability and projects

• • SDG9: Industry, Innovation and Infrastructure

    • Modularization and industrialization in project business

  • SDG12: Responsible Consumption and Production in projects

    • Sustainable project management

Module 5: Governance of projects and project-based firms

• • Project maturity assessment

  • Program and project portfolio management

  • Project models & certification (PRINCE2, PMI, IPMA, ISO 21500)

Learning outcomes

Upon successful completion of the course, the student should know how to:

• Identify and analyze customer needs and match them with appropriate products and services

• Select an appropriate delivery model for a specific project

• Apply agile and selected advanced methods for project execution

• Be aware of new opportunities and markets for sustainability innovation, resilient infrastructure and industrial development.

• Promote and communicate strategies and practices of sustainable project management and delivery.

• Analyze the governance processes in a project-based firm

• Evaluate the competences needed in a project-based firm

Examination requirements

There will be no written exam in this course. To pass the course all assignments must be passed. More information will be given in Canvas at the start of the semester.

Teaching methods

The course includes lectures, reading material, practical assignments done both individually and in groups. It requires continuous work throughout the semester. Further information will be provided in Canvas. The expected workload of the course is 200 hours.

Evaluation

The Head of study programme, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.

Assessment methods and criteria

Written project assignments individually (50%) and in groups (50%) counts for 100 % of the overall assessment. Letter grades. More information will be given in Canvas at the start of the semester