The MSc in Commercial Project Management prepares students for a professional role in the management of commercial projects by providing students with an understanding of the both the people-related and technical requirements necessary for the successful management of projects, as well as the organisational and strategic aspects; it also stresses the commercial aspects of project management: for example, marketing and sales, financial management, procurement, bidding and contract management.
This MSc is one of four MSc courses within the Management of Projects Group of Programmes. The other MSc courses are: Management of Projects, Construction Project Management and Engineering Project Management.
The School of Mechanical, Aerospace and Civil Engineering has a long history of delivering project management related masters courses and the staff who deliver the programme are drawn for a wide variety of backgrounds and industrial experience.
The Commercial Project Management MSc is a full time course which is studied over 12 months, starting in September each year. The course comprises eight taught course units, each worth 15 credits, and a research dissertation worth 60 credits. Students on this particular MSc study four core units fundamental to project management, and which are shared by students on the other MSc courses. In addition, students on this course study Contract Management and programme specific unit, Commercial Management, where students work in teams to produce documents related to the buying and selling side of a case study activity. Students must also select two optional units and carry out a Commercial Project Management based dissertation.
Assessment of the taught part of the programme is via a combination of formal written examinations and coursework assignments, which will include group work and oral presentations. Some assessment is based on online material provided by the Association for Project Management (APM) and PRINCE2 (a process-based method for effective project management).
Practical support and advice for current students and applicants is available from the Disability Advisory and Support Service. Email: [email protected]
The MSc Commercial Project Management Programme acquaints students with the basic processes of project management but focuses more specifically on the commercial aspects of project management, the establishment of stable, profitable and low-risk exchange relationships for project procurement or sales and the management of the contracts that represent these relationships in a range of project settings. Practical skills in the buy and side project procurement, contract management and conflict and dispute resolution are developed. Successful graduates of this programme find employment in a wide range of commercial-related roles, from forensic delay analysis to quantity surveying to general project management in companies such as Blackrock, Costain, Parsons Brinckerhoff, Yendall Hunter, PwC.
The MSc in Commercial Project Management is listed by the Joint Board of Moderators (JBM) as an Approved Further Learning Schemes for Chartered Engineer. The JBM represents the Institution of Civil Engineers, the Institution of Structural Engineers, the Institution of Highways and Transportation and the Institute of Highway Incorporated Engineers. This means that successful completion of the MSc will enable applicants with an accredited first degree at BEng level, to become chartered engineers.
Students who successfully complete the unit MACE 60062 Conflict Management and Dispute Resolution optional unit are eligible for associate membership of the Chartered Institute of Arbitrators.
This programme is suitable for those already working in project management, as well as those looking to enter the profession. It is designed to allow entry from any degree discipline and a diverse range of work backgrounds. The skills learnt are transferable to a wide variety of industries – gas, engineering, information technology, healthcare, events, public sector and logistics. The programme is also relevant to those wishing to study a generalist qualification and as such is applicable to any area of work that involves project or programme management.
The programme is designed to address the growing complexity of projects and incorporates key project management tools and techniques, as well as the core competencies required by project managers to drive projects to a successful conclusion, and include a more holistic, international and ethical stakeholder approach.
This course will support your career progression by developing your critical thinking and research skills in order to enhance your business knowledge and understanding. The MSc will teach you the theory of effective project management practice and equip you with essential skills, confidence and competence to assist you when you venture into your chosen industry. You will learn to think laterally, challenge convention and offer knowledge based solutions to business issues. You will be able to think and operate in a different way to your colleagues, which is essential in today’s global business arena.
The programme encompasses project management through a series of progressive modules, developing your knowledge from the fundamentals, through to modules addressing risk, resilience and contingency planning, project finance and procurement, managing project teams, critical perspectives and social impact and responsibility.
You will have the opportunity to gain professional qualifications in Prince2 Foundation, Prince2 Practitioner and Agile Project Management Foundation.
The final stage of the programme will include a Project Management consultancy project or Project Management Dissertation. The consultancy project will allow you to undertake a project in one of a number of different industries and can address the different aspects of project or programme management. If you do not wish to take this opportunity, you will complete the Project Management Dissertation, which will allow you to explore, in depth, and critically review literature about issues related to a particular aspect of project management in your chosen area.
You will be taught by experienced academic staff with specialist knowledge of their own subject areas. Taught modules are delivered using a combination of lectures and workshop sessions, with an emphasis on participation and discussion.
For those students wishing to take up the option of a 12-month placement, the course will be 24 months in duration. For those students not wishing to take this option, then the course will be completed in 12 months.
The programme is completed by full time study on Park Campus. Normally, you will complete two semesters of 14 weeks, spending 12-15 hours per week in the classroom with your tutors and fellow students. You will be expected to engage in significant additional study, around 20-25 hours per week in self-directed study, learning and networking and attending additional workshops to support your achievement of the professional body memberships and awards.
You will experience a variety of assessment styles including business reports, essays, research papers, oral presentations, practical work, examinations, case study and context analysis, as well as the dissertation.
This course will prepare you for a career in the public sector, service industries, information technology, engineering or any other business area needing project management skills. Graduates from this course have gone on to roles such as project team members in a variety of positions, including everything from project support to project management.
There is an opportunity to take a one year placement, which will allow you to develop and apply the necessary skills and abilities required to undertake complex business projects and reflect on your experiences.