Project Management and Strategic Planning


Year1. year
SemesterSpring 2025
Level of course4. Second cycle, introductory
Type of courseElective
PrerequisitesNo prerequisites.
ScheduleTaught for 12 weeks.
Þórður Víkingur Friðgeirsson
The use of projects and project management continues to grow in our society and its organizations. We are able to achieve goals through project organization that could be achieved only with the greatest of difficulty if organized in traditional ways. Business regularly uses project management to accomplish unique outcomes with limited resources under critical time constraints. In the service sector of the economy, the use of project management to achieve an organization’s goals is even more common. A relatively new growth area in the use of project management is the use of projects as a way to accomplishing organizational change.The course of project management quickly moves from theory to practice, allowing students to expand their knowledge base of projects in the context of managerial perspective. The classroom activities include both the traditional lecture approach along with problem based learning techniques where students solve cases in teams.Reading material:Project Management-the managerial process Gray & Larson, McGraw Hill
Learning outcome - Objectives
Knowledge1.     To understand the principles of traditional and Agile project management as discipline.2.     Learn to apply the tools, methods and techniques of project management and related disciplines in context of diagnosing, preparing, planning, executing, controlling, changing and closing a project.3.     Learn to place projects within organizations in context of organizational behaviour and the project lifecycle.4.     To understand the systems governing the project lifecycle in different situation.5.     To understand group dynamics.6.     To understand how to deal with risk and uncertainty in projects.7.     To understand the importance of “customer value” in projects.8.     To understand PM maturity models in a real life situation.
Skills1.     To be able to lead project preparation and execution in teams.2.     To be able to participate in teams in a productive manner.3.     To be able to communicate results and other relevant information in a project.4.     To be able to prioritize and select options from point of rational thinking.
Attitude1.     To understand and respect the value of professionalism and integrity.2.     To understand the value of authentic leadership.
Course assessment

Reading material
No reading material found.
Teaching and learning activities

Language of instructionEnglish