With summaries written by fellow students, you are guaranteed to be properly prepared for your exams. Over 250,000 specific summaries are at your disposal. Your fellow students know exactly where the pitfalls lie and what the key elements will be to your success in that module. With their assistance, you can become well prepared and can avoid having to retake exams.
Get better grades
Thanks to the summaries written by fellow students specifically for your course and its modules, you will never miss a trick when it comes to your exams. No generic book summaries, but the specific content you need to ace your exams.
Earn while you study
Everything you need to know about selling on Stuvia
Edexcel BTEC Level 3 Nationals specification in Business – Issue 1 – January 2010 © Edexcel Limited 2009 1 Unit 28: Business Project Management Unit code: K/502/5459 QCF Level 3: BTEC National Credit value: 10 Guided learning hours: 60 Aim and purpose The aim of this unit is for learners to understand the stages involved in preparing, planning, managing and evaluating the outcomes of a project. Learners will carry this out by developing a project plan for a selected organisation. Unit introduction This first part of this unit introduces the learner to the techniques involved in planning and preparing a project. The administration function invariably involves work tasks to be completed within a defined scope, timescales and budgets. These are in essence projects and can include running a conference, setting up new administrative systems or organising the relocation of a work team. The language of project management has become everyday business language. All projects have a defined life cycle, although the boundaries between the stages are not always clear as project activities often have interdependencies. The basic principles of project planning involve defining and agreeing project deliverables and outcomes, setting milestones for performance and quality, scheduling, and consideration of stakeholder requirements. The second part of the unit introduces the learner to a range of processes which are used to ensure effective project management. There are various accepted techniques to support the management of projects, including Gantt charts, critical path analysis, risk assessments and contingency planning. Learners will have the opportunity to apply these in a realistic setting. Supporting projects requires excellent communication and time management skills for activities such as setting and monitoring a project budget, solving problems during the project implementation stage and reporting project outcomes. Learning outcomes On completion of this unit a learner should: 1 Understand the purpose, aims and objectives of a project 2 Be able to prepare a project plan 3 Be able to run a project 4 Be able to report project outcomes.