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MGMT 409 - Penn State Erie

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<strong>Penn</strong> <strong>State</strong> – <strong>Erie</strong><br />

Sam and Irene Black School of Business<br />

<strong>MGMT</strong> <strong>409</strong> Sec. 001 Spring 2012<br />

Instructor: Eric C. Jackson<br />

Office: 275 Burke<br />

Telephone: 898-6552<br />

E-mail: ecj10@psu.edu<br />

CMS: ANGEL<br />

Office Hours: Tues, Thurs 3:45-6:00, or by Apt. Walk-ins welcome<br />

Class time: Sec 001 2:30-3:45 Burke 105<br />

Class Materials<br />

Text: Project Management Achieving Competitive Advantage 2 nd Ed. by Jeffrey K. Pinto, Pearson Prentice Hall<br />

SimProject by Jeffrey K. Pinto and Diane H. Parente Sim Professionals<br />

Course Objectives<br />

Mgnt <strong>409</strong> is designed to help Engineering students understand some of the greatest challenges that<br />

organizations face today – the effective and efficient methods for implementing projects in organizations. Project<br />

management, referred to by Fortune magazine as the #1 career choice of the coming decade, represents a skill that is<br />

in high demand by all companies both domestic and international. This course will provide a comprehensive<br />

overview of the skills needed and challenges to be faced in managing projects in organizations. One of these skills is<br />

working effectively in teams. You will be assigned to a team for the simulation and the course project.<br />

The course is divided into a series of major topic areas relating to different elements of project management.<br />

After developing a sense of the strategic overview of project management, we will begin analyzing various<br />

components of project management such as project selection, planning, organizing, and project control. The goal<br />

is to shape the course to approximate the elements of project management and the challenges faced<br />

chronologically: that is, first considering how to plan the project and then how to more effectively run the project.<br />

The remainder of the course concentrates on making use of the theories by developing analytical and<br />

interpersonal skills in the students that will be useful to them as project managers. Upon completion of this<br />

course, you will be able to:<br />

Understand the various aspects of effective project planning;<br />

Schedule activities and develop the project’s critical path;<br />

Monitor and evaluate project performance;<br />

Recognize project critical success factors;<br />

Apply basic knowledge of group development<br />

Understand leadership approaches to managing project teams<br />

Class sessions will be conducted as a combination of lecture and open-class discussion of important concepts<br />

and exercises. Thus, pre-class preparation is important. Course reading will be supplemented at various times by<br />

experimental exercises that relate to the topics being covered.<br />

CLASS ADMINISTRATION<br />

Academic Integrity Policy<br />

This course will strictly adhere to the University Policies (see Policies and Rules for Students, Policy 49-20)<br />

regarding individual academic integrity. Academic integrity comes under two general headings: behavior toward the<br />

instructor and other students and general integrity. Violations of any section of Policy 49-20 is punishable by<br />

receiving a failing grade, suspension from class, or other actions as outline in University policy.<br />

Prerequisites<br />

Engineering students with appropriate class standing.<br />

1


<strong>Penn</strong> <strong>State</strong> – <strong>Erie</strong><br />

Sam and Irene Black School of Business<br />

<strong>MGMT</strong> <strong>409</strong> Sec. 001 Spring 2012<br />

Missed exams<br />

NO MAKE-UP EXAMS WILL BE GIVEN. If an unusual situation has developed prior to the exam, contact<br />

your instructor as soon as possible to discuss it. If a legitimate, documented (e.g. a doctors note, obituary, etc.)<br />

reason exists an opportunity to write a course term paper will be offered to make up for the missed exam. This paper<br />

will be at least ten pages excluding footnotes, graphs, etc. Topics will be chosen in consultation with the professor<br />

and will be due the day of the next exam. Late papers will not be accepted under any circumstance. This<br />

dispensation may be used once during the term and is not available for the Final exam. If you are awarded a special<br />

dispensation and the reason for it is later proved to be fraudulent then this will be considered cheating.<br />

If you have a discrepancy with a grade, you must address the issue in person with the instructor. No grading issues<br />

will be discussed over the phone or email.<br />

Web Page<br />

Check the class webpage and your e-mail account at regular intervals to keep up with any announcements.<br />

PERFORMANCE EVAULATION<br />

Simulation<br />

The class will run a project simulation during the semester that will total 50 points. Individuals will make period<br />

decisions approximately twice per week during the semester. There will be both individual and team assignments for<br />

the SIM during the semester. At the conclusion of the simulation a short summary on their performance will be<br />

assigned. What decisions were made and why, what worked and why, what did not work and why etc. The<br />

simulation score will be based on your objective evaluation of your performance not the ranking in the simulation.<br />

NOTE: If you keep a running summary of your decisions and the results this report should be very simple to<br />

compile.<br />

Tests<br />

We will have three (3) tests, involving some math-type questions, some term definitions, concept questions and<br />

analysis. Cheating will result in a zero (0) grade for that test.<br />

Assignments<br />

There will be up to 100 points in assignments, pop quizzes etc. You must be present in class to hand in an<br />

assignment. If you are not present you will receive a zero for that assignment. If less than 100 points in assignments<br />

are assigned during the term the total point total for the course will be prorated accordingly.<br />

Final Project Proposal and Presentation<br />

Teams will develop and manage a project through its life cycle. Milestones will be introduced that will require on<br />

going work on the project. The final presentations will consist of presenting the project to the class, including the<br />

managerial actions taken in order to deal with unexpected problems. Papers will be double spaces in 12 point font<br />

and will be long enough to adequately encompass the pertinent material related to the project. Failure to contribute<br />

to your team will result in a prorating of your score.<br />

Team participation<br />

You are expected to contribute your fair share to your team. Conversely as a team member it falls to you to make<br />

sure that your team members contribute their fair share to the work. All team members are responsible for all team<br />

work. It is best to come to me with team problems ASAP, however I expect teams to resolve team problems<br />

themselves if at all possible.<br />

2


GRADING:<br />

<strong>Penn</strong> <strong>State</strong> – <strong>Erie</strong><br />

Sam and Irene Black School of Business<br />

<strong>MGMT</strong> <strong>409</strong> Sec. 001 Spring 2012<br />

ITEM Points<br />

Exam 1 100<br />

Exam 2 100<br />

Exam 3 100<br />

Team Simulation 50<br />

Team Project 100<br />

In Class quizzes, other deliverables<br />

etc. up to 100 (prorated if needed) 100<br />

Total 550<br />

The final grade allocation is:<br />

Course Grade PERCENTAGE<br />

A 95-100%<br />

A- 90-94.99%<br />

B+ 87-89.99%<br />

B 83-86.99%<br />

B- 80-82.99%<br />

C+ 77-79.99%<br />

C 73-76.99%<br />

D 65-72.99%<br />

F 00-64.99%<br />

.<br />

3


<strong>Penn</strong> <strong>State</strong> – <strong>Erie</strong><br />

Sam and Irene Black School of Business<br />

<strong>MGMT</strong> <strong>409</strong> Sec. 001 Spring 2012<br />

The schedule is tentative in that some topics may be covered more quickly then others and will result in changes in<br />

the amount of time needed. There will be cases and reading beyond the text.<br />

Time Topics Readings<br />

Week 1 Introduction to course<br />

a) Course expectations<br />

b) What is Project Management<br />

c) Team building<br />

Chpt. 1<br />

Week 2 Managing Project Teams Negotiation Skills<br />

a) Team dynamics<br />

b) Elements of effective negotiation<br />

c) Conflict<br />

Chpt. 6<br />

Week 3 Organization Strategy, Structure and Culture<br />

a) Types of Structure<br />

Chpt. 2<br />

Week 4 Engineering Economics Supplemental Material<br />

Week 5 Project Selection<br />

Chpt. 3<br />

a) Business Decision support tools<br />

Payoff tables<br />

(This is material not in the text.)<br />

b) Scoring Models<br />

c) Financial Models<br />

Decision trees<br />

Exam 1 Will Cover these topics (Approximately end of week 5)<br />

Week 6 Project Leadership<br />

a) Elements of effective leadership<br />

b) Characteristics of successful Project<br />

managers<br />

Chpt. 4<br />

Week 7 Scope Management Chpt. 5<br />

Week 8 Project Risk Chpt. 7<br />

Week 9 Spring Break<br />

Week 10 Cost Estimation and Budgeting Chpt. 8<br />

Week 11 Project control – S curves, EVA<br />

a) Critical path vs. critical chain<br />

b) Crashing projects<br />

Exam 2 will cover these topics (Approximately<br />

beginning of week 12)<br />

Chpt. 10<br />

Week 12 Project Planning<br />

a) Time estimation<br />

c) Cost estimation<br />

Chpt. 11<br />

Week 13 Earned Value Management Chpt. 13<br />

Week 14 EVM Cont. Chpt. 13<br />

Week 15 Project Closeout Chpt. 14<br />

Week 16 Project Presentations Attendance Mandatory<br />

Last Exam As per final Schedule<br />

4


<strong>Penn</strong> <strong>State</strong> – <strong>Erie</strong><br />

Sam and Irene Black School of Business<br />

<strong>MGMT</strong> <strong>409</strong> Sec. 001 Spring 2012<br />

This FAQ (Frequently Asked Questions) document is meant to anticipate the most common questions that<br />

come up over the course of the semester. The questions are presented in the relative order that they usually<br />

occur over the course of the semester.<br />

I qualify for handicapper status and have some needs related to that. What should I do?<br />

Notify your instructor immediately. This way, we can make sure that all the proper accommodations are made as<br />

soon as possible.<br />

Is attendance required?<br />

Yes, but only during the team presentations. A 10% penalty to your project grade will be assessed for each missed<br />

presentation period. If you miss your own presentation a greater penalty will be assessed.<br />

I was asked to move during a test. Does the instructor think I was cheating?<br />

Not necessarily. The instructor will ask people to move during the exam if it necessary to create more space<br />

between people. To alleviate the issue of being singled out, the instructor will always try to ask two or more people<br />

to move if that becomes necessary.<br />

Oh, no! I am one point short of a _____ at the end of the semester! What can I do to get that extra point?<br />

Unfortunately, you can’t do anything. One of the cold, harsh realities of the real world is that lines have to be<br />

drawn, and some people will always come up one point short. (By the way, this also applies to people who are<br />

graduating this semester).<br />

Can’t I do any extra credit work to improve my grade?<br />

No. There are no extra credit projects available for this class.<br />

Career Development Center<br />

The Career Development Center (CDC) can assist students with the process of career and life planning<br />

through a full range of programs and services. You may schedule appointments with the CDC staff to discuss<br />

issues including interests, skills, values, and goal setting, as well as how to find career information,<br />

internships, full-time jobs, and graduate schools. You are encouraged to utilize the services of the CDC every<br />

year from your first semester to graduation.<br />

CDC Location: First Floor – Reed Building<br />

CDC Phone: 898-6164<br />

CDC Web Site: http://pennstatebehrend.psu.edu/cdc<br />

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