Institute of Commercial Management | Qualification Subject

Project Planning and Execution

ICM Professional Diploma Unit

Project Planning and Execution aims to equip Learners with an understanding of the methods adopted for management of complex projects at planning and executing stages.

Main Topics of Study:

Project Costing, Planning, Scheduling and Resource Allocation

  • Initial project coordination
  • Systems integration
  • Work breakdown structure
  • Linear responsibility chart
  • Estimating project budgets
  • Improving the process of cost estimation
  • Network techniques: PERT and CPM
  • Resource
  • ~Allocation 
  • ~Loading
  • ~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

Project Control and Auditing 

  • 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, change and scope creep
  • Auditing the project
  • ~The audit report
  • ~The project audit and life-cycle
  • ~Purpose of evaluation 

Project Termination

  • The varieties of project termination
  • When to terminate a project
  • The termination process
  • The final report and 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:

Meredith, J.R, & Mantel, S.J (2011). Project Management, A Managerial Approach. 8th ed. Hoboken NJ: Wiley

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Meredith, J.R, Shafer., M. S., & Mantel, S.J (2017). Project Management, A Managerial Approach. 10th ed. Hoboken NJ: Wiley

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Meredith, J.R, Shafer., M. S., & Mantel, S.J (2021). Project Management, A Managerial Approach. 11th ed. Hoboken NJ: Wiley

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Maylor, H., Turner, N. (2022). Project Management, 5th ed. Pearson

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Project Management Institute. (2021). A Guide to Project Management Body of Knowledge. 7th ed. Project Management Institute. Newtown, Pennsylvania

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Kerzner, H.R.(2006). Project Management, A Systems Approach to Planning, Scheduling & Controlling. 9th ed. Hoboken NJ: Wiley

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Verzuh, E (2008). The Portable MBA in Project Management. Hoboken NJ:  Wiley

Indicative Text:

Alternative Text and Further Reading: