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Quantitative Methods: Project Management

PMGT6867

This unit develops underpinning knowledge of scope, time and cost management principles as applied to projects and provides practical examples and opportunities to apply these. Quantitative methods used in one (or more) competency areas of project life cycle are taught as follows:- Capital Budgeting (Cost Management) PERT, CPM, and Network Diagram (Time Management) - Probability Tree, and Decision Tree and Decision Table (Risk Management) - Pareto Analysis, Histogram, and Cause and Effect Analysis (Quality Management) - Probability and Probability Distribution (Time, Quality, and Risk Management) - Depreciation Methods (Cost Management) Simulation and Time Series Analysis (Time Management) - Central Limit Theorem and The Law of Large Number (different areas of PM life cycles) - Delphi Method and Expert Group Techniques (Forecasting)

Unit of study details

Unit of study level: Postgraduate

Credit points: 6

Commencing semesters: 1, 2

Further unit of study information

Unit of study handbook: PMGT6867

Costs and scholarships information: Costs and Scholarships

Final dates to withdraw from units of study: Census Dates

Available for study abroad and exchange: No

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