EMV3261 Project Management

1.       Brief description of aims and content

This Module covers the following areas of interest in real estate: real estate projects, project management techniques. Project initiation: selection, project manager, organisation, planning, conflict and negotiation. Project implementation: budgeting and cost estimation, scheduling, resource allocation, project control. Project termination: project auditing, project termination.

2.     Learning Outcomes

1.      Knowledge and Understanding

Having successfully completed the module, students should be able to demonstrate knowledge and understanding of:

1.1 Different types of projects in real estate.

1.2 Different project management techniques to plan and control the scope of work.

1.3 Understand the initiation, implementation, termination of a project.

2.      Cognitive/Intellectual skills/Application of Knowledge

Having successfully completed the module, students should be able to:

2.1Plan, monitor, control a real estate project.

2.2 Select suitable project management techniques for any project.

2.3 Set up a structure which meets the needs of the projects and people working on the project.

3.      Communication/ICT/Numeracy/Analytic Techniques/Practical Skills

Having successfully completed the module, students should be able to:

3.1Identify real estate projects and help in their implementation.

3.2Audit real estate projects

4.      General transferable   skills

Having successfully completed the module, students should be able to:

4.1 Undertake self learning in project management.

4.2 Produce reports.

3.     Indicative Content

This unit aims to describe project management as the application of knowledge, skills, tools and techniques to project activities in order to meet stakeholder’s needs and expectations from a project. Consideration of real estate projects in Rwanda. Project management techniques. General introduction to primary features of a project:

 Project initiation: project selection, project manager, project organisation, project planning, conflict and negotiation.

Project implementation: budgeting and cost estimation, scheduling, resource allocation, project control.

Project termination: project auditing, project termination.

4.     Learning and Teaching Strategy

The course is delivered mainly through lectures backed up by tutorial sessions and site visits.

The lectures include interactive elements whereby students in groups apply principles to simple problems to ensure their involvement and so gain understanding.  Handouts are used so that students can concentrate on the material of the lectures, but with gaps where students either have to fill in or make separate notes.

Problem sheets are given out to students and after time, the problems are discussed in class.  Some of the problems will be handed in and then marked by peers to give formative feedback to fellow students.

The site visits and assignments will require the students to undertake some investigation on their own and to develop ideas and apply them.

5. ASSESSMENT STRATEGY

The assessment strategy is:

• To assess knowledge and application skills through a written examination.  The students therefore will not just rely on memory but also show understandings of the principles in application to exam problems.
• To assess practical skills through the report of the site visits and observations.
• To asses self-learning through producing and presenting of the reports in groups.
• To assess understanding and application through the assignment whose feedback is given to students in time to allow them to know their weakness or strength