Overview

More and more engineering and technical professionals are making career transitions from product design into project management. This, however, requires formal training and a willingness to learn new skills. All the technical know-how in the world will not deliver a project successfully, i.e. with the required level of quality, within cost constraints and on time, without proper project management skills. Unfortunately very few engineering professionals have any degree of formal project management training, which results in a great deal of personal stress as well as cost blow-outs and other woes.

The lack of training often applies to the 'people skills' required for effectively leading the project team as well. To address this problem, the course will focus on the critical project related activities such as work breakdown, scheduling, cost control and risk management, and show how these can be performed with software to lighten the project manager's workload. The 'soft' (but equally important) aspects such as team leadership and contract law are also covered. All topics will be supplemented with practical exercises focusing primarily on the areas of electrical/electronic (including instrumentation) and mechanical engineering. If delegates wish to do so they can choose, as a basis for the practical exercises, small projects from their work environment so that they are familiar with the attributes thereof.

Course Outline

MODULE 1: Introduction

Project definitions
Project life cycles
Professional Bodies of Knowledge
Project organizations
Project success criteria
Critical success factors

MODULE 2: Fundamentals

Quality project plans
Work breakdown structures
Assignment for Modules 1 & 2:
Developing a Work Breakdown Structure

MODULE 3: Time Management

Critical path method
Precedence method
Gantt charts

MODULE 4: Fundamentals

PERT charts
Resource levelling
Progress monitoring and control
Software Selection
Assignment for Modules 3 & 4: Generating PERT and Gantt charts

MODULE 5: Cost Management

Cost estimating
Estimating methods
Forecast final cost
Budgeting
Financial control
Change control
Assignment for Module 5:
Tracking cost variations

MODULE 6: Earned Value Analysis and Management

EVA/EVM concept
Definitions
Examples and case studies
Assignment for Module 6:
Calculating EVA parameters

MODULE 7: The Project Manager

Management vs. Leadership
Management/leadership theories
Cultural influences
Authority and power of the project manager
Project management functions
Project manager selection

MODULE 8: Quality Management

Quality concepts and definitions
Quality management fundamentals
Supply chain relationships
Quality assurance systems
ISO 9000:2005 quality system guidelines
Assignment for Modules 7 & 8: Quality structures and processes

MODULE 9: Risk Management

Definitions
Risk management
Risk identification
Risk analysis
Risk treatment
Assignment for Module 9: Risk analysis for given project

MODULE 10: Contractual Issues

The Commonwealth legal system
Attributes of contracts
Procurement strategies
Tendering
Extensions and termination of contracts
Remedies for breach
Assignment for Module 10: Questions on selected legal case studies

MODULE 11: Evaluation of Financing Options for a Project

Overview of Financial statements
Time lines of Money
Compounding
Discounting
Future Value of Money

MODULE 12: Time Value of Money and Related Concepts

Present Value
Present Values of Multiple Cash Flows
Net Present Value (NPV) of Multiple Cash Flows
Internal Rate of Return (IRR)
Assignment for Modules 11 & 12: Establishing Internal Rate of Return

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Course Fees

What are the fees for my country?

The Engineering Institute of Technology (EIT) provides distance education to students located almost anywhere in the world – it is one of the very few truly global training institutes. Course fees are paid in a currency that is determined by the student’s location. A full list of fees in a currency appropriate for every country would be complex to navigate and, with today’s exchange rate fluctuations, difficult to maintain. Instead we aim to give you a rapid response regarding fees that is customised to your individual circumstances.

We understand that cost is a major consideration before a student commences study. For a rapid reply to your enquiry regarding courses fees and payment options, please enquire via the below button and we will respond within 1 business day.

Engineering Institute of Technology (EIT) Certificate Course Payment Options

Please contact us with your location for certificate fees in the relevant currency. Certificate fees include all live webinars with a professional instructor, 4 technical manuals (as searchable eBooks), course materials, software, postage, assignments and ongoing support. All you need to participate is an internet connection, computer and headset. We have group discounts available for our 3 month certificates.

Engineering Institute of Technology (EIT) Advanced Diploma Course Payment Options

Three payment options are available for the Advanced Diploma courses;

OPTION 1 - PAY UPFRONT

Pay total amount upfront to receive a 5% reduction in fees.

OPTION 2 - PAY IN  SIX INSTALMENTS BY CREDIT CARD

Pay in 6 equal instalments over 18 months. First payment at least two weeks before the course starts, then the remaining five every 3 months. Payment dates will be set ahead of time and provided at the start of the course. You would receive the 30 technical reference eBooks in batches over the duration of the course.

OPTION 3 - PAY IN  MONTHLY INSTALMENTS BY CREDIT CARD

Pay in even installments for 18 months. First payment at least two weeks before the course starts, then one on the same date every month for the remaining period. This option incurs a 2% administration fee. You would receive the 30 technical reference eBooks in batches over the duration of the course.

Discounts are available for group bookings

For a rapid reply to your enquiry regarding courses fees and payment options, please contact us with your name, email address, course title(s), and location using the form below, and we will respond within 1 business day.

Courses

1. Vocational Graduate Diploma of Project Management in Industrial Automation
2. Master of Business and Project Management in Industrial Automation
3. Professional Certificate of Competency in Project Management for Engineers and Technicians
    

Many engineering professionals tend to take on a role which encompasses management (and leadership) tasks at some stage of their career despite enjoying the technical aspects of their career.

Effective management, however, requires formal training and a willingness to learn new skills. All the technical know-how in the world will not deliver a project successfully, i.e. with the required level of quality, within cost constraints and on time. Unfortunately very few engineering professionals have any degree of formal management training, which results in a great deal of personal stress as well as cost blow-outs and other woes.

The lack of training often applies to the 'people skills' required for effective leadership as well. Critical project related activities such as work breakdown, scheduling, cost control and risk management, are important to understand. The 'soft' (but equally important) aspects such as team leadership and contract law are also critical.

The Engineering Institute of Technology (EIT) School of Engineering Management thus focuses on project management with a interest in time, cost and risk management.

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