Project Management Concentration
Corporations across the globe in industries such as telecommunications, construction, information technology, entertainment, healthcare, and defense are becoming increasingly project-based and project-team oriented. An MBA with a concentration in Project Management provides students with the skills necessary to lead complex projects for mid to large-size corporations. The program focuses on best practices for selecting, initiating, planning, executing, monitoring/controlling, and closing projects.
Students engage in the practical application of project management principles through team exercises and the use of current industry software. All project management courses at the MBA level follow the Project Management Body of Knowledge (PMBOK®) Fifth Edition standards set by the Project Management Institute (PMI®). You will possess all the requisite skills and abilities needed to both pass the PMP Certification Exam and excel in the field as a knowledgeable member of a project team.
The MBA Concentration in Project Management is designed to incorporate flexibility for working professionals and is offered online so that the course may be conveniently accessed by students 24/7. This flexibility also allows for the student to deal with the duties of meeting family needs, maintaining a job, and other outside responsibilities yet have access to their course room when they have extra time.
Job creation in the project management field is very positive with growth rates being the highest in the healthcare industry. Project management roles are expected to increase by 30 percent in the healthcare industry (Hanover Report, 2013). Nationally, project management roles are expected to grow at a faster rate than the national average for all occupations (Hanover Report, 2013). The Bureau of Labor Statistics estimates that the job-growth rate will exceed 19 percent. The Hanover Report also estimated that the job growth rate for project managers and management analyst to exceed 29 percent (Hanover Report, 2013). The projected job growth rates of 19 percent and 29 percent represent a substantial increase and fully support the approval of the program. Lastly, the Hanover Report’s (2013) salary profile indicates that the average salaries of project managers range from $88,000 in Florida to $101,000 in Georgia with a national average of $92,000.
In almost every industry there are diverse stakeholder demands for project managers with strong foundational knowledge and significant depth in the skills and abilities developed in MBA Concentration in Project Management Program. The typical project manager is responsible for managing a program that prepares individuals to apply quantitative and qualitative knowledge, skills, tools, and techniques to manage projects in a wide range of fields and occupations. Includes instruction in project planning, risk management, cost and time management, contracts and procurement, accounting, statistics, decision making, and human resource. The strong skills and abilities that are acquired in the program open the door for employment in many diverse fields.
Why Saint Leo University?
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Business Core (21 credits)
- Course Name
MBA ORI Student Orientation 0
This pass/fail course provides new MBA students with an overview of the Saint Leo University MBA Program. Topics include SLU history and core values; MBA program information; expectations; academic honesty; and SLU Portal sign-on, including access to eLion, eCollege, and Windows Live Student Email. Students are required to assess their current skill level in the Common Body of Knowledge (CBK) for business students. The course provides students with information and resources to enhance their knowledge in these areas. This is a required, not-for-credit course that must be completed by the end of the first term. Tuition fees will not be assessed.
MBA 525 Professional Development 3
This course is designed to give MBA students a tangible head start in acquiring and honing numerous core skills essential for success in the MBA program and the business world. The emphasis will be on the development of professional skills and perspectives, such as business writing, coaching and counseling, conflict resolution, effective business protocol, interviewing, intercultural awareness and sensitivity, negotiating agreement, and public speaking.
MBA 533 Human Resource Management 3
This course is designed to focus on an in-depth analysis of the major functions of a manager dealing with human resource issues. Issues to be covered include, but are not specifically limited to, staffing, employee training and development, compensation and benefits, legal issues, union versus non-union issues, safety and health issues, and cross-cultural and expatriate issues.
Prerequisites: MBA 525
MBA 540 Managerial Economics 3
This course explores the concepts of economic optimization, the estimation of demand, and cost and pricing analysis. An introduction to economic forecasting and decision making under conditions of risk and uncertainty is also included.
Prerequisites: Undergraduate course in economics strongly recommended.
MBA 560 Financial and Managerial Accounting 3
This course focuses on the study of accounting concepts and standards applicable to presentation of financial information to interested users, structure, uses and limitations of financial statements, and measurement systems related to income determination and asset valuation. The course also considers the discussion of internal and external influences on accounting decisions.
Prerequisites: Undergraduate course in financial accounting and managerial accounting is strongly recommended.
MBA 565 Marketing 3
This course considers the operational and strategic planning issues confronting managers in marketing. Topics include buyer behavior, market segmentation, product selection and development, pricing, distribution, promotion, market research, and international and multicultural marketing. Additional fee applies for marketing computer simulation.
Prerequisites: MBA 525
MBA 575 Global Business Management 3
The student will develop an understanding of international/multinational management by examining the challenges and opportunities of operating globally. Emphasis will be on developing an understanding of the complexities of dealing with diverse social, cultural, economic, and legal systems. The role of business in this dynamic world environment will be analyzed.
Prerequisites: MBA 525, MBA 533
MBA 599 Strategic Management 3
This capstone course integrates knowledge gained in previous graduate business courses. It centers on the theme that organizations achieve sustained success when their managers have astute, timely strategic game plans and they implement these plans with proficiency. Strategic management theory is used in the analysis of case studies of companies operating in the domestic and global marketplace. This course is to be taken in the student's last term, unless otherwise approved by the Director of the MBA Program.
Prerequisites: MBA 525, MBA 533, MBA 540, MBA 560 or ACC 504, MBA 565, MBA 570, MBA 575
Project Management Concentration (15 credits)
- Course Name
PRM 516 Project Process Groups and Project/Product Life Cycles 3
Introduces students to the field of project management and its importance to business organizations of every type with an emphasis on manufacturing and service industries. The course provides students with the knowledge to use the five project management process groups in a project which include initiation, planning, execution, monitoring and controlling, and closing. Students will be able to identify the similarities of the five process groups to Demming’s Plan – Do – Check - Act Quality Cycle in addition to the role that the quality management field has in the development of PMI’s project and product life cycle. The student will attain the knowledge and ability to create an initial project charter and key stakeholder register.
PRM 518 Initiating, Planning, and Executing a Project 3
An applied course in which students learn to complete the first three project management processes including initiating, planning, and executing. Students will developing a project management plan which encompasses project areas and sub-plans including a project charter, a stakeholder risk register, a communications plan, a risk management plan, a quality management plan, a human resources plan, a procurement plan, and baselines that include scope, costs, and time/schedule.
PRM 520 Monitoring, Controlling, and Closing Projects 3
Students learn how to monitor, control, and close a project. Students are taught how to use tools and techniques to oversee the successful implementation and follow-through of the project management plan and its sub-plans which include the communications plan, risk management plan, quality management plan, human resources plan, and procurement plan. In addition, students will learn how to effectively monitor and control the “triple constraint” which is measured in the scope, costs, and time/schedule baselines.
PRM 522 Best Practices in Project Management 3
Introduces the nine project management knowledge areas which include integration, scope, time, cost, quality, human resources, communications, risk, and procurement. Students will apply the nine knowledge areas in the class within the framework of the project and product life cycle. Lastly, student will attain a thorough understanding of how to use the “triple constraint” as a tool for effective project completion.
PRM 524 Applied Project Management Case 3
A project management capstone course which requires that students use the project management skills and abilities acquired in their previous courses to carry out a successful project from beginning to end with the use of a project management information system (PMIS) called Microsoft Project. Project information will be supplied to students throughout the course based on a real-world scenario in which the student must deal with all aspects of project management. The student is given a specific project with specified stakeholders and must deal with real-world scenarios that include schedule delays, costs increases, human resource shortages, and equipment failure to name a few issues. Upon completion of this course the student will be prepared to accept a project and use Microsoft Project to initiate, plan, execute, monitor, control, and close in a successful manner.
Total Credits 36