Planning and Controlling of Projects CONS 5308

Course description:

This course is designed to present a wide variety of questions that top management, both consultant and contractor will need to answer prior to making a decision. Such decisions include: contractor selection, bid/no bid decision, mark-up percentage, resource allocation and leveling and waste management. Multi-criteria decision making techniques will be discussed including compensatory and non-compensatory methods. Furthermore, decision under uncertain situations will be explored.

Course Aims:

This course is intended to provide and develop an understanding of advanced techniques of project planning and control.

Course outcomes:

Upon completion of this course, the student should be able to:
  • Conduct tender evaluation using points method.
  • Define modeling and simulation with relation to some managerial decisions.
  • Differentiate multi-criteria decision making techniques.
  • Identify risk attitudes and utility theory.
  • Control resources by leveling and smoothing technique.
  • Discuss different methods of controlling waste according to the waste hierarchy.