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Project Management

Project Management

Code: MGT2LG103
Extent: 5 ECTS (135 h)
Timing: 1st semester
Language: English
Level: Advanced Professional Studies
Type: Compulsory

Starting level and linkage with other courses

The Project Management (PM) course is one of the compulsory advanced professional studies that master students are taking during their first year studies. The course has direct links to the thesis.

Learning outcomes

Upon successful completion of the course, the students will

  • understand what projects are and to know the key terminology of PM
  • understand the challenges of PM in international settings
  • understand how projects can be managed successfully
  • understand and apply the basic PM ICT-tools and techniques
  • write a project plan for their thesis
  • be able to apply PM tools and techniques in their work development projects as their master’s thesis

Course contents

The course focuses on theoretical and practical issues involved in managing business projects in an international setting. The goal is to learn about PM in general and learn about its central concepts, to understand why do projects succeed or fail, to understand the human side of the PM, to learn and apply selected ICT-tools and techniques available for managing projects, and to use these tools to manage the thesis as a 2-3-year project.
The course covers the following topics:

  • introduction to projects and PM
  • defining and measuring success or failure
  • working in projects: tasks and resources
  • waterfall model (PMBOK), agile development methods
  • familiarization with project portfolio management concept
  • introduction of selected ICT-tools in different PM situations
  • applying PM ICT-tools and techniques in creation of typical PM illustrations, including Gantt chart and WBS (Work Breakdown Structure)
  • applying ICT-tools to manage the students’ thesis as a projects

Cooperation with the business community

Guest lecturers with international PM experience will be invited to the course.

International dimension

Cases and readings are from international business contexts. Students work in multicultural teams.

Teaching and learning methods

Contact hours 32 h (including exam 4 h)
Independent studies (assignments, thesis project plan writing, reading for the exam) 102 h
The assessment of one’s own learning 1 h

Accreditation of prior learning (APL)

Those students who have work experience in PM and have an accepted certification as project manager get the grade upon presenting their qualifications to the teacher.

Teacher responsible

Miikka Mäkelä, Pasila

Course materials

A Guide to the Project Management Body of Knowledge. Fourth Edition (2009). Project Management Institute.

Additional readings:

Highsmith, R. 2010. Agile project management: creating innovative products

Chin, G. 2004. Agile project management

Krebs, Jochen (2009): Agile portfolio management

Wysocki, Robert K. (2009): Effective project management: traditional, adaptive, extreme

Other materials assigned by the teacher.

Assessment criteria

The course is evaluated on scale 1 to 5 (where 5 is the best). The assessment criteria are presented below regarding three areas, such as knowledge, skills, and competencies.

Grade/ Learning outcomes

1 (minimum 40% competence level)

3 (minimum 70% competence level)

5 (minimum 90% competence level)


The student can identify, list, and combine the main terminology and concepts of PM.

The student can describe the relevant PM concepts and apply them to new contexts. The student can link the key theoretical concepts to the practical task to present the big picture.

The student uses and combines different PM concepts and theories, and is able to develop his/her own models. His/her use of theory and specific terminology is accurate. The student is aware of different PM contexts, and compares different models, theories and viewpoints.


With great difficulty and under strict supervision, the student partly collects, poorly analyzes, and partly uses relevant PM tools and methods and is able to conduct the course assignments at a beginner’s level. The student knows how to apply certain PM concepts.

The student can collect, partly analyze and partly use relevant PM tools and concepts and is able to accomplish the course assignments at a moderate level. The student is able to choose the relevant PM tools, methods, and frameworks to the specific situation and context.

The student is able to collect, analyze and use relevant PM tools and concepts to accomplish the course assignments at a professional level. The student demonstrates excellent skills in selecting the appropriate PM tools, methods, and frameworks which are relevant regarding the course assignments.


With great difficulty and under strict supervision, the student is able to complete PM related tasks. S/he poorly applies the PM concepts, tools and theories to the course assignments. S/he can conduct assignments with the help of the supervisor.

The student is able to work both relatively independently and in a project team. S/he is able to apply PM concepts, tools and theories to the course assignments. S/he can conduct the course assignments relatively independently from the supervisor.

The student is able work professionally both independently and in in a project team. S/he can fully apply the learned PM concepts, tools and theories to the course assignments. S/he can conduct PM tasks at a professional level and in an innovative way.

Assessment components and their respective weights

Participation 10%
Examination 50%
Assignments 40%

The assessment of one's own learning does not influence the course grade. The assignment is the same for all courses/modules and the answers will also be used for course/module development. The assignment is completed on an E-form.