The nature of projects and project management. The project life cycle and project phases. Organisational aspects of project management. Project teams and roles. Responsibility matrixes. Processes and methodologies for planning and control: Initiating the project, Scope planning, Scope definition and the WBS, Scope verification and work authorisation. Scheduling: Stochastic PERT, CPM time-cost tradeoffs and critical chain.Resource planning and scheduling of multiple projects and scheduling of multiple projects. Cost estimating, project budgeting and project cash flow. The control process. Performance analysis: earned value and performance indices. Project closure: evaluation, reporting and termination. Project management information systems. Project closure and continuing improvement. Reasons for project successes and failures.