CourseOutline(Fall2014)

Class:
Course:

MPM1(A)
PM5101FinancialManagementforProjectManagement

Instructor:
Classdetails
ClassTimingand
18:3021:30Room:
Room
SessionDay(s)

Saturday

CreditHours:

3/classhours(perweek)|0/labhours(perweek)

Course
Prerequisites:

None

Consultation
Time

Saturday6:006:30

Email
Contact#
CourseDescription
Thiscourseoffersacomprehensiveapproachtounderstandingtheimportanceoffinancial
managementinmanagingprojects.Corporationsinvestalargeamountofmoneyincapacity
creationbasedoncertainfinancialassumptionsthatprotecttheassetsoforganizations.Project
managersthushavetheobligationandresponsibilitytoensureproperuseofcapitalassignedto
themandtomeetallprojectobjectives.Timeismoneyandprojectmanagersmustappreciatethe
importanceoffinancialmanagementinfinancialaccounting,managerialaccounting,and
corporatefinancetomakeeffectiveprojectdecisions.
CourseObjective
FinanceforProjectManagersexamineswherethecostswithinaprojectaregeneratedandhow
theycanbecontrolledandreportedonfromwithintheproject.Itreviewstheuseofproject
budgetandthemonitoringofvariance.Inadditiontostandardcostcontrolthecoursecoversthe
useofEarnedValueMeasurementandhowthiscanbeused.Thecourseisinteractiveand
includesopportunitiesforgroupdiscussionandexercisestoreinforcethelearning
LearningOutcomes
Uponcompletionofthiscourse,youwillbeequippedwithknowledgeandtoolsthatenableyou
to:PMIKnowledgeArearelatedtoFinancialProjectManagementUnderstandwhereproject
costsariseTheuseofVariancemonitoringandcontrolTheunderstandingofEarnedValue
Managementandhowtouseitforcontrolandprediction

TeachingandLearningMethodology
Thecourseisinteractiveandincludesopportunitiesforgroupdiscussionandexercisesto
reinforcethelearning
MaterialsandSupplies
PresentationSlides&Notes
ExpectedClassConduct
Studentsareexpectedtobeontime,findaseat,andbepreparedtoengageintheworkofthe
class.Studentsareexpectedtostayinclassuntiltheclassisdismissed,unlesspriorapprovalto
leaveearly.Studentsareexpectedtostayalertthroughouttheclass.Studentsareexpectedto
avoidtalkingwiththeirpeerswhiletheteacherorotherstudentsarespeaking.Studentsare
expectedtoparticipateuntiltheendofclass.Studentsareexpectedtousegoodmanners,be
courteousandactwithdecorumtowardtheirpeersandanyonewhomaybeinclassfacilitating
thelearningprocess.Studentsareencouragedtoaskquestionsatanytime.Studentsare
expectedtoraisetheirhandsinordertoparticipateindiscussionorinraisingquestions.Work
isexpectedonthedateitisdue.Exceptionsaremadeonlyforextraordinarysituationsandwith
theapprovaloftheteacher
CoursePlan
Week

Chapters

SessionTopic

Assesments %

ProjectManagement
Overview

OverviewofProjectManagementWhy
FinancialManagementisrequiredforProject
ManagersImpactsandBenefits
Quiz1
ChallengesOverviewofPMIKnowledge
forPMFinanialManagement

Financialplanning

FinancialplanningInputTools&
Technique

Quiz2

Financialplanning

FinancialplanningOutputCaseStudyon
FinancialPlanning

Quiz3

FinancialControl

AssignmentonCaseStudy.FinancialControl Assignment
InputTools&Technique
1

FinancialControl

FinancialControlOutputDiscussionon
FinalProject&PresentationCaseStudy

Quiz4

FINANCIAL
ADMINISTRATION
ANDRECORDS

AssignmentonCaseStudy.FINANCIAL
ADMINISTRATIONANDRECORDS
InputTools&Technique

Assignment
2

FINANCIAL
ADMINISTRATION
ANDRECORDS

FINANCIALADMINISTRATIONAND
RECORDSOutputCaseStudyon
FINANCIALADMINISTRATIONAND

Quiz4

RECORDS
8

MidTermPaper

MidTermPaper

MidTerm
Paper

ReviewofKnowledge
Area

CaseStudyAssignmentStatusofProject
ReviewfortheTest1

Assignment
3

10

UnderstandingtheProject Test1UnderstandingtheProjectPlanProject
Test1
Plan
Discussion

11

MonitoringtheProject
Plan

MonitoringtheProjectPlan

Quiz6

12

EarnedValue
Management

EarnedValueManagement

Quiz7

13

ProjectFinancialControl BestPratices&Revision

Test2

14

FinalProject&
Presentation

ProjectFinancialControl

Presentation

15

FinalPaper

FinalPaper

FinalPaper

TextBook
ConstructionExtensiontothePMBOKGuide,ProjectManagementInstituteStaff,2ndEdition,
PMI,2005.
RefrenceBooks
1

AGuidetotheProjectManagementBodyofKnowledge:PMBOK(R)Guide,PMIStaff,5th
Edition,PMI,2013.
CoursePreRequisites

None
MarksDistribution
MarksHead

Total
ForD
Total
Total
Marks
Learning
Marks Grade
Frequency Exempted /Frequency
Outcomes
/Head Holder(s)

Quiz

10

Included

Assignment

15

Included

FinalPaper

30

30

Included

MidTermPaper

20

20

Included

Project

Included

ClassParticipation

Included

Presentation

Included

Test

Included

Total
Marks

100

100(For
DGs)