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micro-module

Golden Triangle: Scope, Time and Cost in Project Management​

Golden Triangle: Scope, Time and Cost in Project Management​

Key tools and techniques for project success
Closed for application

Description

The micro-module is intended for all students, regardless of background, who want to gain theoretical and practical knowledge on how to successfully manage the golden triangle of a project - scope, time and cost.

Study format
Online
Application period
30 July – 1 October 2024
Study period
15 October – 19 November 2024
Credits
2 ECTS
Pace
0%
Hosting university
Kaunas University of Technology
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Learning outcomes

Recognize projects and describe project scope

Having completed course, the student should be able to describe the project concept and project environment, apply various techniques to describe project requirements, develop works breakdown structure, project deliverables, outputs and outcomes.

ESCO SKILLS

Apply project schedule and cost management tools

Having completed course, the student should be able to develop the project schedule, estimate project resources, establish project budget, apply various techniques of project schedule and cost management.

ESCO SKILLS

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Information

The importance of project management is constantly growing. Project management methodologies play a pivotal role in driving transformations across diverse domains, fostering innovation, and realizing strategic objectives.  Project success is measured by criteria such as scope, time, cost, quality and stakeholder satisfaction.  The project management golden triangle, a fundamental construct in this discipline, comprises three interlinked variables - scope, cost, and time - that collectively determine the project's quality. To achieve project success in various businesses and manage those three elements, the project manager must have a deep understanding of each element and where they have the opportunity to be flexible to accommodate changes throughout the project.

Hosting university

Kaunas University of Technology

Kaunas University of Technology