Program Overview

Project administration, role of the Project Manager through project lifecycle including termination. Project appraisal techniques assessing investment opportunities and establishing appropriate financial framework. Project objectives and scope; including stakeholders analysis. Project uncertainty and risk assessment. Commercial engineering solutions and early contractor engagement. Industry based,

Projects function within a system comprised of specific internal characteristics and external surroundings or subsystems whose descriptions, structure, processes, and interactions provides the basis for identifying, selecting, designing, and implementing a project towards achievement of its objectives and goals.

This understanding of the internal and external environments is also crucial to integrate the creation and delivery of value through the exploration of alter-natives aimed at the proper use of organisational resources.

The aim of this topic is to introduce the concept of the commercial project manager and the potential role they can plan in delivering value through project design.