Enrolments for 2019 have closed.
Value Management in Defence Projects
Postgraduate | USA-MPM9228 | 2019
Course information for 2019 intake
View information for 2020 course intakeUnderscore the role value management plays during a defence project’s management process. Develop a thorough knowledge of how contract work breakdown structures and integrated baseline reviews work. Detail the differences between funds and a budget.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
FEE-HELP available
Value Management in Defence Projects
About this subject
At the completion of this subject, students will be able to:
- Demonstrate an integrated understanding of AS 4817 (Project Performance Management using Earned Value) and the Defence EV Supplement.
- Critically analyse and synthesise Contract Work Breakdown Structures (CWBS) and Earned Value Techniques (Discrete versus Level of Effort).
- Work in teams to develop a plan for Integrated Baseline Reviews (IBRs) and System Reviews (SRs).
- Work in teams to reflect on and synthesise issues and concepts in Control Account Management, including building a basis of estimate on uncertainty and demonstrating advanced understanding of the difference between Funds and Budget.
- Communicate effectively in oral, written and graphical formats, incorporating relevant information.
- Project Performance Management using Earned Value
- Integrated Baseline Review
- System Reviews
- Building a basis of estimate on uncertainty
This unit will provide you with an advanced and integrated understanding of how value management can contribute to project management best practice in Defence Projects. This unit will guide you in the application of value management requirements to contracts, and analysing performance, baseline review and maintenance.
- Online Activities (35%)
- Group Assignment - 1500 words per person (30%)
- Case Study 2000 words (35%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
To enrol in this subject, you must be admitted into a degree.
Prior study
You must either have successfully completed the following subject(s) before starting this subject, or enrol in the following subject(s) to study at the same time or prior to this subject:
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.