Welcome to the week

Welcome to Week 2 of Major engineering project performance. You have started to think about what a project is and the role you might play in managing a project. What happens if you are managing several projects? How can you organise these to successfully manage the project outcomes? What problems might you face?

In this week of the course you will evaluate the difference between projects, programmes and portfolios. You will also be introduced to transaction costs and the role they play in project management. At the end of the week, you will develop your skills in critical analysis by engaging with a text on engineering management.

By the end of this week you will have demonstrated that you have met the following course learning outcomes:

• identify the key characteristics of projects, programmes and portfolios

• understand the key challenges in the delivery of a major project.