Project Management for Innovative Outcomes
Overview
This unit focusses on the front-end of project management by explicating the tasks and decisions that are necessary for the delivery of innovative outcomes. The unit provides students with an understanding of how project management can mitigate uncertainties associated with the development of innovative opportunities. The appropriateness of various project management frameworks is thoroughly discussed and applied to multiple innovation contexts. This unit also examines how different project management approaches can be combined to navigate the innovation landscape.
Requisites
27-October-2024
01-June-2025
08-June-2025
02-November-2025
08-February-2026
Learning outcomes
Students who successfully complete this unit will be able to:
- Apply critical and advanced knowledge of project management to the innovation context
- Critically evaluate the role of interdisciplinary teams and key stakeholders in supporting projects and operations within an enterprise
- Critically analyse business development and capacity management in response to environmental changes
- Communicate proficiently project management plans that meet the needs of innovation contexts
- Apply advanced and coherent knowledge to an applied research project using project management practice within an innovation context
Teaching methods
Hawthorn
Type | Hours per week | Number of weeks | Total (number of hours) |
---|---|---|---|
On-campus Class | 2.00 | 12 weeks | 24 |
Online Lecture | 1.00 | 12 weeks | 12 |
Unspecified Activities Independent Learning | 9.50 | 12 weeks | 114 |
TOTAL | 150 |
Assessment
Type | Task | Weighting | ULO's |
---|---|---|---|
Assignment 1 | Individual | 30 - 40% | 1,3,4 |
Assignment 2 | Individual | 30 - 50% | 1,3 |
Assignment 3 | Group | 20 - 30% | 1,2,3,4,5 |
Content
- Understanding the terms: exploration and exploitation for new idea development, entrepreneurship, intrapreneurship and management. What are their characteristics and traits?
- Innovation landscape, entrepreneurial life cycle and the role project management plays
- Determinants of a viable innovative and entrepreneurial project
- Conditions which stimulate the emergence of innovation and entrepreneurship
- Understanding the strategic orientation of an enterprising business
- The benefit(s) of feasibility studies
- Negotiation within the innovative firm and project management
- How to understand and analyse risks for the routine and innovative projects
- Managing and dealing with limited resources
- Funding sources for innovative ideas
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.