Postgraduate Certificate

Master of Science

Postgraduate Diploma

Postgraduate Certificate, Master of Science, Postgraduate Diploma

PSPMFR

Core-Elective  

Students who secure an approved internship will be transferred to EPM468 and will be required to pass the 15-credit INM469 Professional Internship and Career Development module.  

You are normally required to complete all the taught modules successfully before progressing to the dissertation  

Students will be able to undertake either EPM967, a 120 credit Placement module or the Internship module (EPM468 and INM469). You are unable to take both options.   

Dissertation Modules

Compulsory

*EPM985 and EPM898 will be offered on alternate years 

Elective

Taught Modules

Core

You will have the opportunity to resit any failed EPM967 assessments, if you fail these resits you are still able to progress, but your degree title would not state ‘with placement year’ and your placement year would not count towards your final award. 

Please refer to the WHAT PLACEMENT OPPORTUNITIES ARE AVAILABLE? Section for more information. 

MSc Project Management, Finance and Risk with Placement 

Programme Structure

Manufacturers of capital goods are rapidly transforming themselves into the providers of services where the function of the capital item is sold rather than the item itself. Major capital projects are also evaluated on the basis of life cycle cost and revenue streams in an uncertain environment. In this changing environment both suppliers and project managers are faced with managing and engineering the uncertainties and risk inherent in the project and designing appropriate financial instruments and tools to optimize the performance throughout the life cycle 
This course provides a Master level education in project management, with the focus on complex engineering projects, optimisation and decision making. The course provides you with a foundation in quantitative risk assessment and decision-making coupled with classical engineering economics and financial engineering. 
You will unravel complex problems by applying scientific methods to real-world examples and discover how to measure risk on any scale. From analysing indecision within game theory to rebuilding a country’s infrastructure, you will explore the drivers in which businesses operate and the challenges and opportunities that project managers face. You will demonstrate original application of knowledge to management of capital goods, risk management, supply chain management and financial planning and in choice of approaches to practice. You will be engaged in research or scholarly activity that contributes new views to financial risks in management of capital goods, entrepreneurial behaviour, innovation and leadership, and opportunity recognition. 
In addition, the course provides practical skills in software and communication tools.

Synthesize the communications needs of users and the technical nature of the analysis to promote effective communication at all levels and in diverse situations. 

Skills

Design appropriate communication techniques and strategies to support the conversation with users and clients. 

Knowledge

Formulate problems and design management systems. 

Design technical solutions as a meaningful response to clients' requirements. 

Synthesise and apply techniques and methodologies available for quantitative decision making in project management, in particular large scale infra-structure projects. 

Recognise the need to translate analytical and mathematical arguments in understandable ways to support user and client needs. 

Values and attitudes

Promote and apply a systematic and rational approach to problem identification and formulation.

Use a structured and systematic approach to problem solving. 

Demonstrate knowledge of appropriate software and related techniques. 

Develop a practical and critical understanding of the use of software and other tools to support risk and decision analysis. 

Design a management strategy or project plan exploiting the techniques and reflecting the needs of users and clients. 

Identify and structure problems in business and industry as the basis for design. 

Demonstrate an appreciation of the needs of users, clients and problem owners in the decision making process. 

Demonstrate knowledge of structured Mathematical, Probabilistic, Statistical and Decision-making techniques. 

Demonstrate structured analytical, rational and quantitative approaches to decision making; and a critical understanding of the appropriateness, strengths and weaknesses of the techniques studied. 

Design a solution incorporating the appropriate techniques to manage a project to meet user requirements. 

Conduct an extensive and coherent piece of work synthesizing an appropriate range of techniques and present this in a report. 

PSPMFR - Project Management, Finance and Risk

The programme consists of eight taught modules, each carrying 15 credits, and one dissertation module carrying 60 credits (or 45 credits on the internship track with an additional core-elective 15-credit module). The modules are presented in block form and the timetable is arranged to allow you as a full-time student to complete the course in one year and as a part-time student to complete the course in two years.  Each module is presented in an intensive block and supported by guided reading and exercises. Coordinating group activities between the modules will ensure the continuity of the course and the cohesion of the student group. The course will make extensive use of Moodle to provide learning support outside the teaching blocks. 
Modules are assessed by various combinations of coursework, examination, report and presentation. Examinations are unseen.

Curriculum Catalogue

Project Management, Finance and Risk - MSc

PSPMFR