SD 562: Project Dynamics

This course will introduce students to the fundamental dynamics that drive project performance, including the rework cycle, feedback effects, and inter-phase “knock-on” effects. Topics covered include dynamic project problems and their causes: the rework cycle and feedback effects, knock-on effects between project phases; modeling the dynamics: feedback effects, schedule pressure and staffing, schedule changes, inter-phase dependencies and precedence; strategic project management: project planning, project preparation, risk management, project adaptation and execution cross project learning; multi-project issues. A simple project model will be created, and used in assignments to illustrate the principles of “strategic project management.” Case examples of different applications will be discussed.