MPR_PRMA Project Management

Faculty of Economics and Administration
Autumn 2022
Extent and Intensity
1/1/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Petr Halámek, Ph.D. (lecturer)
Ing. Michal Struk, Ph.D. (lecturer)
Ing. Petr Halámek, Ph.D. (seminar tutor)
Ing. Michal Struk, Ph.D. (seminar tutor)
Guaranteed by
Ing. Petr Halámek, Ph.D.
Department of Regional Economics – Faculty of Economics and Administration
Contact Person: Ing. Iveta Suchomelová Vašíčková
Supplier department: Department of Regional Economics – Faculty of Economics and Administration
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The course will start with the systematization of tools for management and evaluation of regional development projects. Students will learn the basic tools for the projects time and goals management, including the issue of 3E evaluation. These tools will be placed in the context of the elaboration of the feasibility study, including a closer acquaintance with the elaboration of the cost-benefit analysis.
The aim of the course is to acquaint students with the fundaments of financial and economic evaluation of regional development projects. The course will be practically oriented with focus on projects implemented by the public sector.
Learning outcomes
At the end of the course, students should be able to:
- to design the project including setting of its outputs, results and objectives using the logical framework matrix;
- to participate in creating development concepts, strategies and projects at the regional, national or transnational (e.g., European Union) levels;
- to process applications for project support from national and transnational public sources;
- to evaluate financial and economical aspects of the development projects, to prepare project cash-flow model, calculate the indicators and interpret the results;
- to propose an appropriate method for project evaluation;
- understand the principles of economic evaluation in the public procurement.
Syllabus
  • 1. Project definition, project management and evaluation tools;
  • 2. Time management tools, network graphs and Gantt chart;
  • 3. Outputs and objectives of the project, logical framework matrix, project design;
  • 4. 3E evaluation;
  • 5. Pre-investment and feasibility studies, the technical part of the feasibility study;
  • 6. Methodological bases of CBA processing, construction of indicators;
  • 7. Calculation of financial analysis;
  • 8. Socio-economic analysis of the project;
  • 9. Elaboration of financial and economic analysis of the project in the MS Excel;
  • 10. Quantification of environmental impacts;
  • 11. Other project selection tools (multi-criteria analysis);
  • 12. Public procurement (economic aspect of evaluation);
  • 13. Case studies, practice, test.
Literature
    required literature
  • Project Cycle Management Guidelines, European Commission, Development DG, 2004.
  • ILO (2011). Project design manual (available online).
  • - Guide to Cost-Benefit Analysis of Investment Projects, European Commission, DG for Regional and Urban Policy, 2014.
  • Economic Appraisal Vademecum 2021-2027, European Commission, DG for Regional and Urban Policy, 2021.
    recommended literature
  • Belli, P.: Economic analysis of investment operations: analytical tools and practical applications. The World Bank, Washington, 2001.
  • Boardmann, A.E., Greenberg, D.H., Vining, A.R., Weimer, D.L.: Cost-Benefit Analysis - concepts and practice. Prentice Hall, Upper Saddle River, 2001.
  • de Rus, Ginés. (2010). Introduction to Cost-Benefit Analysis: Looking for Reasonable Shortcuts. (available online)
  • Gatti, S. (2018, 2012). Project finance in theory and practice: designing, structuring, and financing private and public projects. Academic Press.
  • Investment Project Preparation and Appraisal, United Nations Industrial Development Organization, Vienna, 2005.
  • Levin, H. M. and McEwan, P. J. (2001). Cost-effectiveness analysis: methods and applications. 2nd ed. Thousand Oaks: Sage Publications.
  • Nas, T.F.: Cost-Benefit Analysis – Theory and Application. Sage Publications, Thousand Oaks, 1996. Newton, R. (2016). Project Management Step by Step: How to plan and manage a highly successful project. Pearson UK.
  • Project Management Body of Knowledge, any recent edition (available online).
Teaching methods
Lessons take form of lectures and seminars. Reading of the obligatory literature is expected. High tech approach to learning (use of information technologies) would be implemented for selected parts of the course.
Assessment methods
Preparation of own case study and written exam. The case study assumes the elaboration of a logical framework, time schedule, financial and economic analysis of the investment project. Scoring max. 100 points, min. requirement 60 points (60%). The written exam consists of open questions. Minimum rating of 60 % (app. 10 questions per 10 points). The final grade as an average of the case study assessment and the written exam. Semester requirements: obligatory active attendance at seminars.
Language of instruction
English
Further Comments
The course is taught annually.
The course is taught: every week.
The course is also listed under the following terms Autumn 2024.
  • Enrolment Statistics (Autumn 2022, recent)
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