ENTREP 2000 - Project Management for New Ventures

North Terrace Campus - Semester 1 - 2018

This course applies various project management techniques to overcome issues commonly experienced in creating a new venture. Project planning, work breakdown structures, cost and schedule estimating in traditional project management and the application of SCRUM and Lean startup techniques using Agile project management.

  • General Course Information
    Course Details
    Course Code ENTREP 2000
    Course Project Management for New Ventures
    Coordinating Unit Entrepreneurship, Commercialisation & Innov Centre
    Term Semester 1
    Level Undergraduate
    Location/s North Terrace Campus
    Units 3
    Contact Intensive: 36 to 40 hours
    Available for Study Abroad and Exchange Y
    Course Description This course applies various project management techniques to overcome issues commonly experienced in creating a new venture. Project planning, work breakdown structures, cost and schedule estimating in traditional project management and the application of SCRUM and Lean startup techniques using Agile project management.
    Course Staff

    Course Coordinator: Dr Wendy Lindsay

    Program Director Contact Details: Innovation and Entrepreneurship
    Name: Dr Wendy Lindsay
    Email: wendy.lindsay@adelaide.edu.au

    Teaching Staff:

    Name: Dr Larissa Statsenko

    Dr Larissa Statsenko's expertise and interests are in Applied and Complex Project Management, Supply Chain Management, and Industry Clusters. She completed her PhD degree from Kazakh National Technical University in 2008, and has 12 years of academic, research and consultancy experience. She has managed and participated in mining industry-related research and consultancy projects in Kazakhstan, including companies such as ENRC and United Minerals. She is currently managing a State Government funded project in collaboration with SA mining industry aimed at identifying opportunities for and barriers to the formation of collaborative clusters in the South Australian resource and energy supply chains.

    Email: larissa.statsenko@adelaide.edu.au
    Linked-in: https://www.linkedin.com/in/larissa-statsenko-498423a2/
    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

  • Learning Outcomes
    Course Learning Outcomes

    On successful completion of this course, students will be able to:

    1 Describe the latest research and developments in the field of project management;
    2 Apply project management principles to issues involved in creating a new venture;
    3 Demonstrate the application of systems thinking in project management of new ventures;
    4 Demonstrate project management leadership using agile project management perspectives;
    5 Explain the need for ethical, social and cultural understanding in the creations of new ventures.
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Deep discipline knowledge
    • informed and infused by cutting edge research, scaffolded throughout their program of studies
    • acquired from personal interaction with research active educators, from year 1
    • accredited or validated against national or international standards (for relevant programs)
    1,3,5
    Critical thinking and problem solving
    • steeped in research methods and rigor
    • based on empirical evidence and the scientific approach to knowledge development
    • demonstrated through appropriate and relevant assessment
    2,3
    Teamwork and communication skills
    • developed from, with, and via the SGDE
    • honed through assessment and practice throughout the program of studies
    • encouraged and valued in all aspects of learning
    1,4
    Career and leadership readiness
    • technology savvy
    • professional and, where relevant, fully accredited
    • forward thinking and well informed
    • tested and validated by work based experiences
    1,4,5
    Intercultural and ethical competency
    • adept at operating in other cultures
    • comfortable with different nationalities and social contexts
    • Able to determine and contribute to desirable social outcomes
    • demonstrated by study abroad or with an understanding of indigenous knowledges
    5
    Self-awareness and emotional intelligence
    • a capacity for self-reflection and a willingness to engage in self-appraisal
    • open to objective and constructive feedback from supervisors and peers
    • able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
    2,4,5
  • Learning Resources
    Required Resources
    Timmons, Jeffry A., Gillin, L. M., Burshtein, S., and Spinelli, Stephen Jr. (2010). New Venture Creation: Entrepreneurship for the 21st Century – A Pacific Rim Perspective, 1st Edition. McGraw-Hill Irwin.

    A Guide to the Project Management Body of Knowledge (the PMBOK Guide) Sixth edition. 

    Readings will also be available through MyUni
    Recommended Resources
    • Further Readings
    • Edson, MC 2007, 'Group Development : A CAS Perspective', pp. 1-23
    • Edson, MC 2012, 'A Complex Adaptive Systems View of Resilience in a Project Team', Systems Research and Behavioral Science, vol. 29, no. 5, pp. 499-516
    • Fuller, T & Warren, L 2006, 'Entrepreneurship as foresight: A complex social network perspective on organisational foresight', Futures, vol. 38, no. 8, pp. 956-971
    • Fuller, T, Warren, L & Argyle, P 2008, 'Sustaining entrepreneurial business: a complexity perspective on processes that produce emergent practice', International Entrepreneurship And Management Journal, vol. 4, no. 1, pp. 1-17
    • Goldstein, JA, Hazy, JK, Silberstang, J & Lewin, K 2008, 'Complexity and Social Entrepreneurship: A Fortuitous Meeting', Emergence: Complexity & Organization, vol. 10, no. 3, pp. 9-24
    • Hock, DW 1995, 'The chaordic organization: Out of control and into order', World Business Academy Perspectives, vol. 9, no. 1, pp. 5-18
    • Lichtenstein, BB, Carter, NM, Dooley, KJ & Gartner, WB 2007, 'Complexity dynamics of nascent entrepreneurship', Journal of Business Venturing, vol. 22, no. 2, pp. 236-261
    • Zivkovic, S 2011, 'EMES CONFERENCES 3 rd EMES International Research Conference on Social Enterprise'

    Library Resources
    The University of Adelaide’s Barr Smith Library provides a range of learning resources including texts, journals, periodicals, magazines, and access to online databases and information services. It also offers a virtual library which is accessible via the University’s website. Access to the Library's electronic resources.

    Online Learning
    MyUni is the University of Adelaide's online learning environment. It is used to support traditional face-to-face lectures, tutorials and workshops at the University. MyUni provides access to various features including announcements, course materials, discussion boards and assessments for each online course of study.
  • Learning & Teaching Activities
    Learning & Teaching Modes
    This course is offered in blended learning mode with the face-to-face component offered as intensives.
    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    As a guide, a 3 unit course comprises a total of 156 hours work (this includes face-to-face contact, any online components, and self directed study).
    Learning Activities Summary

    This is a draft schedule and session dates are a guide only. The timetable may be changed during the course delivery if necessary.

    Intensive day Content Activities
    1 Introduction to Project Management and New Ventures Group discussion
    2 Applying project management concepts to the development of a new venture proposal Working in teams
    3 Applying project management concepts to the development of a new venture proposal Working in teams
    4 Reflections on traditional project management concepts and current challenges Group discussion
    5 Applying agile project management concepts to the development of a new venture proposal Working in teams
    6 Applying agile project management concepts to the development of a new venture proposal Working in teams
  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    An overview of the course assessment appears in the following Table. Details appear in the following section:

    #Assessment TaskTask TypeLengthWeightingLearning Outcomes
    1 Group Presentation Individual 1500 words 15% 1,2
    2 Individual Project Plan Individual 3000 words 30% 1,2,3,4,5
    3 Individual Report Individual 1500 words 15% 1,2,4
    4 Group Project Group 4000 words 30% 2,4
    5 Participation Individual Course duration 10% 1,2,3,4,5
    Total 100%
    Assessment Related Requirements
    Students should attend all classes in order to pass the course. There is considerable experiential learning in workshops during the intensive classes that build your knowledge and thus enable you to be successful in this course.

    Course results are subject to moderation by the ECIC Board of Examiners
    Assessment Detail
    Assessment 1: Individual Report
    Weighting: 15%
    Task: Using a business idea developed in class, explain how various aspects of a traditional project management approach will enable you to plan the development of the venture. Will this approach support the creation a business plan? How? What are the strengths and weaknesses of this approach?


    Assessment 2: Individual Project Plan
    Weighting: 30%
    Task: Develop a project plan for the establishment of the new venture identified in assessment 1.


    Assessment 3: Individual Report
    Weighting: 15%
    Task: Using a business idea developed in class, explain how various aspects of a traditional project management approach will enable you to plan the development of the venture. Will this approach support the creation a business plan? How? What are the strengths and weaknesses of this approach?


    Assessment 4: Group Project
    Weighting: 30%
    Task: Develop a pitch for a potential investor in the establishment of your new venture (agreed to by the lecturer) which incorporates the use of agile project management methods in the development of both the product/service and the business.


    Assessment 5: Individual Participation and Group Contribution
    Weighting: 10%
    Task: Fully participate in all individual and group tasks and activities throughout the duration of the course. Participation will be evaluated based on students’ preparedness, interaction, and in-class work (whole class and group work).
    Submission
    All text based assignments must be submitted via MyUni.
    Please refer to step by step instructions: MyUni Learning Centre

    There are a few points to note about the submission of assignments:
    • Assignment Submission:  Assignments should not be emailed to the instructor; they must be lodged via the MyUni Course site (unless specified to do both). Note that assignments may be processed via TURNITIN, which is an online plagiarism prevention tool.
    • Cover Sheet:  Please include in the assignment a completed University of Adelaide Assessment Cover Sheet providing details of yourself and your team members (if applicable), your assignment, the course, date submitted, etc. as well as the declaration signed by you that this is your (your team’s) work.  Note that the declaration on any electronically submitted assignment will be deemed to have the same authority as a signed declaration.
    • Backup Copy of Assignments:  You are advised to keep a copy of your assignments in case the submitted copy goes missing.  Please ensure that all assignment pages are numbered. If your assignment contains confidential information, you should discuss any concerns with the Course Lecturer prior to submission.
    • Extensions of Time:  An application for Assessment Extension should be made well before the due date of the assignment to the Course Lecturer.  Normally, extensions will only be granted for a maximum of two weeks from the original assignment submission date.  Extensions will only be granted in cases of genuine medical, compassionate or extenuating circumstances.
    • Failure to submit: Failure to submit an assignment on time or by the agreed extension deadline may result in penalties and may incur a fail grade.  Note that a late penalty of 5% of the total available marks for that assessment item will be incurred each day an assignment is handed in late (Unless otherwise stated in 'Assessment Related Requirements' or 'Assessment Detail' above). Assignments handed in after 14 days from the due submission date will fail even if a 100% mark is granted for the work.

    Resubmission & Remarking

    Resubmission of an assignment for remarking after reworking it to obtain a better mark will not normally be accepted.  Approval for resubmission will only be granted on medical or compassionate grounds.
    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.