ECTS points: 6 ECTS

Number of classes per week: 3+0+0+3

Lecturer: Prof. Dr. Vangel Fustikj

Course Goals (acquired competencies): With completion of the course, the student will be capable for understanding of the project objectives as undertakings, their importance, leading and accomplishing. The student will be able to determine and to plane the projects in accordance with the project parameters for the scope of works and the need of the stakeholders, in first place the investors, the clients and the users.  With the awareness and learning on the real project examples – the projects from the practice, the student will be able to understand, create and move forward his/her role in projects that will take part and to contribute for successful and ethical happening of the business.

Course Syllabus: Introduction in Project management, development, objectives and general characteristics. Projects, definition and their role in business successfulness. Leading and managing projects in contemporary business environment. Standardization in Project management. Project categorization. Project parameters and project planning. Modern organization and its’ adaptation to the new projects – Project portfolio, Organization of the project teams. Project manager. Documentation in projects (correspondence, basic documentation, tendering, offering, contracts). Scope of works, limits of works and change management. Cost-Benefit analysis. Cash-flow projections. NPV, IRR and other economic criteria for project evaluation. Managing time and quality in projects. Selection of competitive projects: D, B, DB, DBOT, ROT, DROT projects and particularities in appropriate documentation. Commercial, technical, social, institutional, financial and economic issues in projects. Environmental issues in projects. Risk management and possibilities in complex projects. Reports and presentation of the projects. Case studies. Learning from projects.

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