Institute of Commercial Management | Qualification Subject

Project Management

Main Topics of Study

Projects in Contemporary Organisations

  • Definitions
  • Why project management
  • The Project Life Cycle (PLC)

Strategic Management and Project Selection

  • Project management maturity
  • Project selection and criteria of choice
  • Types of project selection models
  • Net present value

The Project Manager

  • Job description
  • Job specification
  • Person specification
  • Cultural differences

Project Organisation

  • Functional organisation
  • Pure project organisation
  • Matrix organisation
  • Mixed organisational systems
  • Project teams
  • The human factor

Project Planning

  • Initial project coordination
  • Systems integration
  • Work breakdown structure
  • Linear responsibility chart

Conflict and Negotiation

  • The nature of negotiation
  • Partnering, chartering, and change
  • Conflict and the PLC
  • Linear responsibility chart
  • Principles of negotiation

Budgeting and Cost Estimation

  • Estimating project budgets
  • Improving the process of cost estimation

Scheduling and Resource Allocation

  • Background
  • Network techniques: PERT and CPM
  • Critical Path Method (CPM)
  • The resource allocation problem
  • Resource loading
  • Resource levelling
  • Crashing

Monitoring and Information Systems

  • The planning-monitoring-controlling cycle
  • Information needs and the reporting process
  • Earned value analysis
  • Computerised Project Management Information Systems (PMIS)

Project Control

  • The fundamental purpose of control
  • Three types of control process
  • Design of control system
  • Control as a function of management
  • Balance in a control system
  • Control of creative activities
  • Control of change and scope creep

Project Auditing

  • Purpose of evaluation – goals of the system
  • The project audit
  • The project audit life-cycle
  • Construction and use of the audit report

Project Termination

  • The varieties of project termination
  • When to terminate a project
  • The termination process
  • The final report – a project history

Example Candidate Response Booklet

Example Candidate Response (ECR) Booklets are a source of crucial information for Centres and Candidates as they use real candidate responses. We ask Senior Examiners to comment on five or more responses in terms of why the mark was awarded with commentary about how to improve the answer (if necessary).

Recommended Reading

Main Text:

<iframe style="width:120px;height:240px;" marginwidth="0" marginheight="0" scrolling="no" frameborder="0" src="//ws-eu.amazon-adsystem.com/widgets/q?ServiceVersion=20070822&OneJS=1&Operation=GetAdHtml&MarketPlace=GB&source=ss&ref=as_ss_li_til&ad_type=product_link&tracking_id=icm0bb-21&marketplace=amazon&region=GB&placement=0470533021&asins=0470533021&linkId=adbf77daeecb375fa52bd94224a90493&show_border=false&link_opens_in_new_window=true"></iframe>

Project Management – A Managerial Approach – Jack R. Meredith & Samuel J. Mantel (Wiley)

Indicative Text:

Alternative Text and Further Reading:

<iframe style="width:120px;height:240px;" marginwidth="0" marginheight="0" scrolling="no" frameborder="0" src="//ws-eu.amazon-adsystem.com/widgets/q?ServiceVersion=20070822&OneJS=1&Operation=GetAdHtml&MarketPlace=GB&source=ss&ref=as_ss_li_til&ad_type=product_link&tracking_id=icm0bb-21&marketplace=amazon&region=GB&placement=0471741876&asins=0471741876&linkId=262f361c89e03e5a9e500b80c8a96af8&show_border=false&link_opens_in_new_window=true"></iframe> <iframe style="width:120px;height:240px;" marginwidth="0" marginheight="0" scrolling="no" frameborder="0" src="//ws-eu.amazon-adsystem.com/widgets/q?ServiceVersion=20070822&OneJS=1&Operation=GetAdHtml&MarketPlace=GB&source=ss&ref=as_ss_li_til&ad_type=product_link&tracking_id=icm0bb-21&marketplace=amazon&region=GB&placement=B000VZQYBS&asins=B000VZQYBS&linkId=68ead596022f4a10c7ff21db6729d650&show_border=false&link_opens_in_new_window=true"></iframe>

Project Management – A Systems Approach to Planning, Scheduling & Controlling – Harold Kerzner (Wiley)

The Portable MBA in Project Management – Eric Verzuh (Wiley)