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Project Management IND510

The course gives an introduction and overview of the fundamentals of traditional project management.

Course description for study year 2021-2022. Please note that changes may occur.

Course code




Credits (ECTS)


Semester tution start


Number of semesters


Exam semester


Language of instruction


Offered by

Faculty of Science and Technology, Department of Safety, Economics and Planning

Learning outcome

Learning outcomes are divided into the following categories: knowledge, skills and general competence.


After undertaking the course, the student should have acquired the following knowledge:

  • Have a firm grasp of the terminology of project management and have knowledge of various important concepts within the discipline. This include concepts such as project, project management, program, program management, hard and soft skills, system, process, feedback, feedforward, project life cycle, project management methodology, feasibility study, business case, capital budgeting, project appraisal, cash flow, externality, sunk cost, discount rate, prioritization techniques, project stakeholder, stakeholder management, organizational structure, supply chain management, procurement, contract, project risk, risk management, safety, hazard, quality, quality management, scoping, project constraints, breakdown structures, team, team building, scheduling (Gantt chart and network diagram), beta distribution approximation, resource smoothing, full resource levelling, project budgeting, project control systems, change management, milestones, earned value analysis, project closure, critical chain project management, theory of constraints and continuous improvement.


After undertaking the course, the student should be able to:

  • Distinguish between project and nonproject activities.
  • Distinguish between project and programs.
  • Distinguish between soft and hard project management skills.
  • Conduct project classification.
  • Conduct project appraisal and project prioritization. Specifically, be able to apply techniques such as net present value, internal rate of return, payback period, discounted payback period, profitability index and decision tree analysis.
  • Conduct stakeholder management, which involves stakeholder identification and analysis, stakeholder mapping and response and resolution of stakeholder issues.
  • Choose between different types of procurement contracts and calculate relevant contract properties.
  • Calculate risk exposure and utilize an isorisk contour chart.
  • Utilize and develop breakdown structures.
  • Estimate activity durations.
  • Utilize and develop both Gantt charts and network diagrams.
  • Conduct resource smoothing and full resource levelling.

General competence

After undertaking the course, the student should have developed the competence necessary to deal with many of the roles and responsibilities associated with the project manager position in a project.  

The main themes are: Historical development - Projects as complex tasks - Projects as temporary organisations - Projects as intentional social systems - Techniques for planning and control - Organisation and leadership - From project management to management of projects - Programmes and other clusters of projects
Required prerequisite knowledge
Form of assessment Weight Duration Marks Aid
Written exam 1/1 3 Hours A - F Basic calculator

Digital exam (INSPERA)

Course teacher(s)
Course coordinator: Sindre Lorentzen
Course teacher: Finn Harald Sandberg
Head of Department: Tore Markeset
Method of work
Lectures and optional exercises
Open for
Admission to Single Courses at the Faculty of Science and Technology Biological Chemistry - Master of Science Degree Programme City and Regional Planning - Master of Science City and Regional Planning - Master's Degree Programme Computer Science - Master's Degree Programme Environmental Engineering - Master of Science Degree Programme Industrial economics - Master's Degree Programme Industrial economics - Master's Degree Programme - 5 year Industrial Automation and Signal Processing - Master's Degree Programme - 5 year Robot Technology and Signal Processing - Master's Degree Programme Engineering Structures and Materials - Master's Degree Programme Mechanical and Structural Engineering and Materials Science- Master's Degree Programme - 5 years Mathematics and Physics - Master of Science Degree Programme Industrial Asset Management - Master's Degree Programme Marine- and Subsea Technology - Five-Year Master's Programme Marine- and Offshore Technology - Master's Degree Programme Petroleum Geosciences Engineering - Master of Science Degree Programme Petroleum Engineering - Master of Science Degree Programme Petroleum Engineering - Master`s Degree programme in Petroleum Engineering, 5 years Technical Societal Safety - Master's Degree Programme Risk Management - Master's Degree Programme (Master i teknologi/siviling.) Exchange programme at Faculty of Science and Technology
Course assessment
Form and/or discussion
Overlapping courses
Course Reduction (SP)
Project Management 1 (MIN110) 5
The syllabus can be found in Leganto