Syllabus

PROJ-630: Project Management- Cost, Quality, and Contracts

Course Description

This course introduces students to cost estimation, quality management, establishing, and monitoring contracts. The content covered in this course includes both Agile and traditional project management work. Students will be able to determine the differences between traditional and Agile practices. The pros and cons of each approach in managing cost, quality, and contracts will be examined. Biblical   principles that align with managing project costs, quality, and contracts will be examined.

Prerequisite: PROJ-610 and PROJ-620.

Credit Hours: 3

Prerequisite Courses: PROJ-610 and PROJ-620

Prerequisite Skills and Knowledge: N/A

Course Outcomes

Upon successful completion of this course, students should be able to:

1. Discuss how costs are managed using the traditional project management approach.

2. Distinguish the traditional project management approach in managing costs from an Agile approach.

3. Evaluate traditional practices used in project quality management.

4. Compare traditional quality management and Agile approaches to ensure quality project deliverables.

5. Demonstrate how traditional project management methods are used to establish and manage contracts.

6. Identify differences between traditional and Agile approaches to contract management.

7. Examine Biblical principles that undergird cost, quality, and contract management.

Course Topics

• Traditional Project Cost Estimation

• Agile Project Cost Estimation

• Traditional Project Quality Management

• Agile Quality Management

• Traditional Contract Management

• Agile Project Contracts

Major Course Resources

Griffiths, Michael (2021). Agile Fundamentals: A Comprehensive Guide to Using an Agile Approach. RMC Publications.

Mulcahy, Rita (2023). PMP Exam Prep (11th ed.). Minnetonka, Minnesota: RMC Publications. Snider, J. (2022). Devotionals For Business. Fulton Books.

Workshop Resources

Workshop One

• Website: Video Note

• File: APA Style

• File: OCLS Evaluating Sources

Workshop Two

• Website: Video Note

• Article: Tips for Effective Agile Budgeting and Forecasting

• Article: Lean Portfolio Management

• File: APA Style

• File: OCLS Evaluating Sources page

• Article: What are the Advantages and Disadvantages of Agile vs. Waterfall Methods for IT Project Cost Management?

Workshop Three

• Website: Video Note

• File: APA Style

• File: OCLS Evaluating Sources page

Workshop Four

• Website: Video Note

• File: APA Style

• File: OCLS Evaluating Sources page

Workshop Five

• Website: Video Note

• File: APA Style

• File: OCLS Evaluating Sources page

Workshop Six

• Website: Video Note

• File: APA Style

• File: OCLS Evaluating Sources page

• Article: Money for Nothing and Your Changes for Free - Agile Contract

• Website: RMC Learning Solutions – PMP Prep

Grading Scale

Note: In graduate level courses, a grade of C- or below will require the course to be repeated.

Grading Policies

Your grading policy for your course is dependent on your school and program. Your grading policies can be found in the IWU Catalog.

Letter Grade Equivalencies

The chart below provides a broad overview of how Indiana Wesleyan University understands each grade level. Grade levels are primarily associated with the degree to which a student meets (or exceeds or fails to meet) the outcomes of a particular assignment. Scores and grades are based on the quality of student work as measured by stated rubrics. The pluses and minuses in each grade level allow the instructor some leeway as they apply their expertise in the evaluation of student work. Grades are often a delicate matter that involves both the instructor’s sincere judgment and the student’s effort and openness to feedback. If you have any questions about IWU’s grading practices, please contact your instructor personally.

Note: In graduate level courses, a grade of C- or below will require the course to be repeated.