Project Management for Innovative Outcomes
Duration: 1 Teaching Period
Unit Code: PRM60002
Contact Hours: Recommended 12.5 hours of study per week
About this unit
This unit demonstrates the decisions and tasks that emerge during the phases of the entrepreneurial life cycle. The unit also aims to provide students with an understanding of the importance of developing project management capabilities and competences within an entrepreneurial venture in such a way that it captures organisational learning and influences, as well as establishing a process that clearly aligns project selection to enterprise strategy. The unit will critically analyse personal opportunities to develop entrepreneurial activities within the student’s own role.
- Understanding terms: What is an entrepreneur, an intrapreneur and a professional manager. What are their characteristics and traits?
- The role of the enterprising leader in project management
- The entrepreneurial life cycle and the role project management plays
- Determinants of a viable entrepreneurial project
- Conditions which stimulate the emergence of enterprise and entrepreneurship
- Understanding the strategic orientation of your enterprising business
- The benefit(s) of feasibility studies
- Negotiation within the entrepreneurial firm and project management
- How to understand and analyse risk in entrepreneurial ventures and during its life cycle
- Managing and dealing with limited resources
- Funding sources for entrepreneurial projects
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