Project Management Specilization
Program Aim
The Project Management specialization is an essential aspect of conducting business. Project Management teaches you how to be responsible for projects and strategies within an organisation. Students will learn how to plan, meet deadlines, manage budgets, and achieve the objectives set by the company. Future project managers will develop their skills and knowledge during classes like Leadership, Project Management Tools, Commercial Economics, Risk and Value, Decision Making, Accounting for Projects, Human Resource Management, Business Ethics, Information Systems, etc.
One of the most important skills you will learn during a Project Management degree is risk management. It focuses on discovering all possible liabilities and difficulties that may occur during the project. It is then up to students to find the best solutions to avoid these obstacles and make sure the project progresses at a steady pace without exceeding the allocated budget and resources.
Other key aspects of Project Management are discovering and arguing their effectiveness, defining the requirements and resources needed, receiving approval, monitoring the progress, and implementing feedback from other stakeholders.
Students who graduate with degrees in Project Management find job opportunities as project coordinators, project analysts, industrial production managers, administrative managers, and quality experts.
Every step of a project involves a high level of focus, analytical skills, as well as the ability to communicate and make big decisions. Project managers also need to have good communication skills, so they can coordinate work and delegate tasks to different team members. This is not a job for everybody, but if you have the resilience and determination to see a project through to the end, you should consider a career in Project Management.
Program Objective
- The Project Management specialization prepares its graduates to leave the program with the skills needed to excel in the profession, including:
- Documentation & Planning: Graduates will be prepared to: create strategic plans and reviews; prepare comprehensive project plans; oversee project requirements, quality assurance, and customer service standards; and implement change as necessary.
- Analytics Expertise: Graduates will be prepared to: meet financial objectives; prepare budgets and schedules; forecast resource requirements; perform an in-depth risk analysis; analyze variances; and initiate corrective action if necessary.
- Problem Solvers & Decision Makers: Graduates will be prepared to apply quantitative methods to make decisions within a dynamic and complex environment.
- Advanced Skills: Graduates will be prepared to use current project management and analytics tools to plan, lead, manage, and monitor and control project execution.
Program Learning Outcomes
Project Management courses are designed so that upon completion, students will achieve the following academic outcomes:
- Develop and execute projects through all phases of the lifecycle using appropriate ethical and methodological practices.
- Evaluate and deploy advanced project decision-making techniques to balance cost, schedule, scope, quality, and risks to achieve project objectives.
- Evaluate and apply behavioural and communications skills to engage the project stakeholder community.
Program Structure
| Year | Semester | Block | code | Subjects | Credits |
| Core Courses | |||||
| Year 1 | Semester 1 | Block 1 | MG4101 | Management Principle and Organization Behaviour | 4 |
| Block 2 | EC4101 | Managerial Economics | 4 | ||
| Block 3 | AC4101 | Advance Business Accounting & Financial Management | 4 | ||
| Semester 2 | Block 4 | MA4101 | Business Research Methods & Statistics | 4 | |
| Block 5 | MG4104 | Marketing Principles and Practice | 4 | ||
| Block 6 | MG4103 | Strategic Management | 4 | ||
| Specialization Courses | |||||
| Year 2 | Semester 3 | Block 7 | PR4201 | Project Management | 4 |
| Block 8 | PR4202 | Project Finance and Marketing | 4 | ||
| Block 9 | PR4203 | Quality Assurance | 4 | ||
| Semester 4 | Block 10-12 | MG4204 | Project Work | 9 | |
| Total Credits | 45 | ||||
Ms.Bukola Ayoola
Master of Business Administration
“I found the support from the Student Mentor very cordial and professional , I have worked with two student mentors and both have been very supportive and willing to help while necessary.“
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FAQs
The Project Management Specialization MBA program at TAU Guyana is a graduate-level program designed to provide students with advanced knowledge and skills in project management methodologies, tools, techniques, and leadership strategies.
Admission requirements typically include a bachelor’s degree from an accredited institution, relevant work experience, academic transcripts, letters of recommendation, a statement of purpose, and sometimes standardized test scores like the GMAT or GRE.
Graduates can pursue various career paths in project management and related fields, such as project managers, program managers, project coordinators, project management consultants, agile project managers, and project leaders in diverse industries and organizations.
PMP (Project Management Professional) is a certification demonstrating proficiency in project management principles and practices, while an MBA (Master of Business Administration) is a graduate degree covering various aspects of business management, including project management among other disciplines.
Yes, individuals with an MBA can pursue careers as project managers, leveraging their business acumen, leadership skills, and project management knowledge to effectively plan, execute, and oversee projects in various industries.