Credit Points: 15

Prerequisite: Must have completed a minimum of 12 units

Co-requisite: N/A

Workload: 36 contact hours

Campus: Melbourne, Sydney

Aims & Objectives

This is a third-year elective unit offered in the Bachelor of Business majoring in Management, Marketing and Accounting. For further information refer to: http://www.mit.edu.au/study-with-us/programs/bachelor-business.
 
Applied Business Project is a unit that consolidates the learning’s from other units to develop applied business projects. Prior knowledge, skills and competencies are reinforced to integrate a project report demonstrating application of learned concepts to contemporary business projects. The Report should be based on concrete analysis, synthesis and evaluation of current factors with reliable recommendations that has rigor that can be implemented to and in an organisation in the near future.

Unit topics include:

  1. Introduction to applied business project
  2. Project selection, prioritisation and scheduling projects
  3. Chartering a project
  4. Stakeholder analysis and communication planning
  5. Scope planning
  6. Project risk planning
  7. Budgeting and examining companies’ sustainability reports
  8. Project supply chain management and leading and managing project teams
  9. Determining project progress and benefits
  10. Finishing the project and realising the benefits

Learning Outcomes

At the completion of this unit students should be able to:

  1. Identify key practical business issues
  2. Develop and deliver a contemporary business project that integrates multi-disciplinary theories and practice
  3. Demonstrate and apply research skills in a professional ethical manner
  4. Demonstrate the ability to communicate professionally and effectively both written and verbally
  5. Think creatively, learn to work independently, cooperatively and collaboratively

These Unit Learning Outcomes are mapped onto AQF Level 7


Teaching Method

Lecture: 2 hours
Tutorial/Workshop: 1 hour

Assessment

Assessment Task
Learning Outcomes Assessed
Weighting
Contribution in class a-e* 10%
Class test (individual) a,b, c* 10%
Project selection report (individual) a-e* 15%
Final project report (group) a-e* 15%
Final project presentation (group) a-e* 10%
Examination (3 hours) a-e* 40%
Total   100%

*refer to learning outcomes above.

Textbook

Note: Students are required to purchase the prescribed text book and have it available each week in class.

Prescribed Text Book:

Kloppenburg, T. (2015). Contemporary Project Management, 3rd Edition, South Melbourne, Cengage Learning.


Reference Reading

Atrill, P., McLaney, E.J. and David, H. (2015). Accounting: An Introduction, Sydney, Australia: Pearson
Collis, J and Hussey, R. (2014). Business Research: A Practical Guide for Undergraduate and Postgraduate Students, 4th Edition, New York, U.S.A: Palgrave Macmillan
Hitt. M.A., Ireland, R.D., Hoskisson, R.E. (2009). Strategic Management: Competitiveness and Globalisation/Concepts and Cases, 8th Edition, Natorp Boulevard, USA: Cengage Learning
Hollard, P., Sheehan, C., Donohue, R., Allen, B. (2012). Contemporary Issues and Challenges in HRM, 2nd Edition, Prahran, Australia: Tilde University Press
Kerzner, H (2013) Project Management: case studies, 4th edition, New Jersey, U.S.A: John Wiley & Sons
Lee, A and Edwards, M.G (2013). Marketing Strategy: Case Book, Sydney, Australia: Cambridge University Press
Nash, S. (2007). Starting & Running A Successful Consultancy: How to build and market your own consulting business, Oxford, UK: How to Books Ltd.
Polonsky, M.J and Waller, D.S. (2015) Designing and Managing: A Business Student’s Guide, 3rd Edition, Los Angeles: U.S.A: Sage

 

Adopted Reference Style: APA can be found in MIT library referencing  

 

MIT is committed to ensure the course is current, practical and relevant so that graduates are “work ready” and equipped for life-long learning. In order to accomplish this, the MIT Graduate Attributes identify the required knowledge, skills and attributes that prepare students for the industry.
The level to which Graduate Attributes covered in this unit are as follows:

Ability to communicate Independent and Lifelong Learning Ethics Analytical and Problem Solving  Cultural and Global Awareness Team work Specialist knowledge of a field of study
             

Legend

Colour coding    

Extent covered

                                The standard  is covered by theory and practice, and addressed by assessed activities in which the students always play an active role, e.g. workshops, lab submissions, assignments, demonstrations, tests, examinations
  The standard is covered by theory or practice, and addressed by assessed activities in which the students mostly play an active role, e.g. discussions, reading, intepreting documents, tests, examinations
  The standard is discussed in theory or practice; it is addressed by assessed activities in which the students may play an active role, e.g. lectures and discussions, reading, interpretation, workshops, presentations 
  The standard is presented as a side issue in theory or practice; it is not specifically assessed, but it is addressed by  activities such as lectures or tutorials
  The standard  is not considered, there is no theory or practice or activities associated with this standard