Project Management in Practice Project Management in Practice

This unit develops knowledge and understanding of managing projects in the organizations. The aim is to explore the basic theories and contemporary practice of project management. Understanding those things, students will be of value in making the inevitable trade-offs between time, budget and the specified output of the project. In addition to managing trade-offs and risks planning, budgeting and scheduling, resource allocating, monitoring and controlling the projects. Finally, the student will deals with auditing, evaluating and closing the project.

 

StM Strategics Management

The aims of the unit are to promote understanding of the importance of the role of strategy in organisational success. It aims to develop your understanding of the importance of choice in the design of effective strategy through which it is possible to create a unique value proposition and to enable firms to avoid direct win-lose competition. To achieve this, you will be enabled to develop your ability to work through complex issues in order to identify both current and future trends and to assess their potential impacts on both the industry and the business. You will also be enabled to make careful selection of the appropriate tools, frameworks and concepts of strategy in order to assess the appropriateness of strategies and by doing so develop a range of realistic and practical strategies for businesses. The unit focuses primarily on competitive strategy and therefore you will concentrate on five key themes:

      1. Strategy as choice
      2. Identifying trends and their potential impact on the business
      3. Understanding the importance of resources and capabilities in the implementation of strategy
      4. Strategy design
      5. Evaluating strategy

Strategy is the means by which an organisation is able to achieve its goals and achieve superior performance in the face of intense competition. In order to do this effectively firms must be able to create a value proposition that is sufficiently distinct to allow it to create a meaningful difference from its competition. In the modern context there is a concern that the business environment is too dynamic to allow for carefully planned strategies. Good strategic thinking therefore becomes even more relevant as business seek to create dynamic and flexible ways in which to create sustained value.


 

Organizational Behavior Organizational Behavior

This module gives an introduction to human behavior in the organizational setting and its managerial implications. It covers the world of organizational behavior in terms of managing diversity, culture, socialization and mentoring, individual behavior in organizations based on self-concept, personality, abilities and emotions, values attitudes and job satisfaction, group and social processes by learning team and teamwork, organizational processes concerned on tactics, leadership, empowerment and politics. 

 


Managerial Accounting Managerial Accounting

This module will cover the nature of management accounting, the behavior of costs, full costs and their uses, additional aspects of product costing, standard costs, variable costing systems, quality costs, and joint costs and management accounting system design. It is the fundamentals of internal accounting system to be used by managers within the organization. It is usually confidential and used by management in order to make business plans, implementation and to be able to control the organization's strategy and plan.

 

MarketingM Marketing Management

This module focus on understanding services marketing in people, technology and strategy view. It covers understanding service markets, products, and customers, building the service model, managing the customer interface and implementing profitable service strategies.

 

Statistical Methods Statistical Methods

The statistical methods are powerful tools in solving organizational problems for Business managers. The aim of this unit is to provide a good understanding of statistical methods and to identify and control the level of uncertainty in the managerial environment. Statistical analysis allows businesses to measure the performance of a business and identify trends. Also, to make sound judgments, knowing their decisions are based on data and not on assumptions. Statistics helps businesses to plan better and make predictions about the road ahead.