PROJMGNT 7012 - Project Governance and Contracts
North Terrace Campus - Semester 1 - 2022
General Course Information
Course Code PROJMGNT 7012 Course Project Governance and Contracts Coordinating Unit Adelaide Business School Term Semester 1 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Intensive in Trimester; up to 3 hours per week in Semester Available for Study Abroad and Exchange Y Course Description Despite the application of the key project management elements, evidence indicates that there still exists a high proportion of project problems experienced during the 'delivery' phase of a project (resulting in schedule delays, cost overruns and/or quality concerns). Clearly developing a project management plan does not necessarily guarantee project success for the project manager. Project governance and contracting decision making need to be aligned with the organisation's governance model across the entire project lifecycle and therefore is a critical element of any project. This course develops the competencies for establishing and maintaining an effective project governance framework that enables and informs effective project decision making. It covers the key project governance and contract principles, in support of the 'prudency' and 'efficiency' of the capital spend for all linear type projects.
Course Coordinator: Paresh Kinra
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning Outcomes
On successful completion of this course, students will be able to:
1 Identify and analyse effective project governance & contracting in different organisational contexts 2 Examine and implement an effective project governance and contract management framework 3 Apply effective project governance and contracting to a wide range of industries, including Information technology, defence, construction, public sector, social, finance, medical, research and commercialization. 4 Apply appropriate policies and procedures to strengthen and support the project management governance process 5 Illustrate continued learning and personal development 6 Recognise ethical, social and cultural issues and their importance for project managers
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)
Attribute 1: Deep discipline knowledge and intellectual breadth
Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.
Attribute 2: Creative and critical thinking, and problem solving
Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.
Attribute 3: Teamwork and communication skills
Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.
Attribute 4: Professionalism and leadership readiness
Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.
Attribute 5: Intercultural and ethical competency
Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.
Attribute 8: Self-awareness and emotional intelligence
Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.
Required ResourcesA guide to the Project Management Body of Knowledge (PMBOK Guide) – Seventh Edition, Project Management Institute, 2021.
Recommended Resources• Harold R Kerzner, Project Management: A systems approach to planning, scheduling and controlling, Eleventh Edition, Wiley. 2013
• Supplementary readings list and suggested books
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.
Other resources: Project Management Institute
If you are a member of the PMI you will “gain exclusive access to PMI publications and our global standards*, networking options with our chapters and online communities of practice, and leadership and volunteer opportunities. You’ll also receive discounts on certification exams and renewals, as well as our professional development offerings.” Student membership details
* Log in to access complimentary read-only PDFs of all of PMI's published standards or take advantage of discounts on paperback editions.
Online LearningMyUni 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 ModesThis course is offered in a weekly format:
A two hour seminar is taught on-campus where the recording will be available via Echo 360.
And an one hour on-campus or remote workshop.
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.
Session Content 1 Why project governance – what is it and what are the key drivers? 2 What are the key project governance principles?
Terminology, what is ‘project governance’ and why is it important?
Establishing a framework
3 Effective project decision making 4 Establishing the ‘prudency’ of the capital spend
Needs and options analysis: Drivers of business needs and developing viable options
Strategic intent and risk management and the role of risk management
Methods of project evaluation concepts - NPV, IRR and assumptions
Financial analysis: discounting cash flows, selecting the discount rate
Business case example review and analysis
5 Identification & analysis of the ‘hot spots’ 6 Examination of the main project governance tools
Policies, procedures, templates
7 Establishing the ‘efficiency’ of the capital spend 8 Contracting & procurement
What is a ‘contract’?
Why ‘contracting and procurement’?
9 Developing a contracting strategy 10 Contracting tactics 11 Sourcing & award 12 Contract management 13 Claims & variations
Specific Course RequirementsPrior to attending the formal lectures, students are advised to read carefully the lecture notes provided and the corresponding chapters in the textbook.
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- Assessment must encourage and reinforce learning.
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- Assessment must maintain academic standards.
# Assessment Task Task Type Length Weighting Learning Outcomes 1 Class participation Individual N/A 10% All 2 Written assignment Individual 3,000 words 30% 1, 2, 3, & 4 3 Report Group 3,000 words 20% 1, 2, 3, & 4 3 Presentation Group 1,000 words 10% 4, 5 & 6 4 Final written assignment Individual 4,000 words 30% 3, 4, 5, & 6 Total 100%
Assessment Related RequirementsStudents should attend all classes in order to pass the course. There is considerable experiential learning during classes that build your knowledge and thus enable you to be successful in this course.
Course results may be subject to moderation by the Assessment Review Committee.
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Assessment DetailClassroom discussion & participation
You are expected to attend and participate in the discussions during the intensive sessions. Your lecturer will provide you with opportunities to participate and contribute to the learnings during each of the intensive sessions.
Develop a ‘business case’ template that can then be used by the organization. Give consideration as to the key components that you believe are important to be included (and why you believe them to be important).
A case study / role playing scenario is provided to the students to develop a Project Governance framework report. The report should provide the necessary information to assist the case study organization in establishing an effective project governance framework for the very first time. It therefore needs to provide advice as to the proposed project governance structure (why) and roles and responsibilities (who). This would include the project lifecycle (stage gates), as well as the ‘terms of reference’ for the Project Steering committee and other necessary policies and procedures required as to how the PSC is to operate.
Based on your group’s Report, your group will develop and make a formal presentation of your report. Prepare your presentation on the assumption that you are presenting your key findings and recommendations to the Board of Directors and Senior Management team.
Final written report
Answer a set of questions based on the project governance and contracts case study. The objective of the case study questions is for you to consider the contracting and procurement material supplied and attempt to apply it to a real project governance case.
All text based assignments must be submitted via MyUni:
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- Cover Sheet: Please include in the assignment a completed University of Adelaide Assessment Cover Sheet (found in MyUni, under Modules) 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.
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- Assessment extensions request: An application for Assessment Extension should be made 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. See sections 3 and 7a) i. in particular on assessment extensions in the Modified Arrangements for Coursework Assessment (MACA) Policy.
- 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.
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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.
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