ID: 1418
Course type: theoretical and methodological
Course coordinator: Mihajlović N. Ivan
Lecturers: Mihajlović N. Ivan
Contact: Mihajlović N. Ivan
Level of studies: M.Sc. (graduate) Academic Studies – Mechanical Engineering
ECTS: 6
Final exam type: written
Department: Department of Industrial Engineering
Understanding the importance of the process of planning, evaluating and evaluating projects in the field of information technology. Introduction to different methodological approaches for the analysis of IT / IS projects. Mastering sophisticated techniques of financial and economic analysis as well as standard techniques for managing IT / IS projects. Mastering techniques and routines for identifying and monetary quantification of difficult to detect costs and effects implied by the implementation of IT / IS projects.
After completing the course the student should: identify the project idea, prepare a database with all costs and effects of IT / IS projects, calculate criteria for selection of project alternatives, gain knowledge and routines for recognizing difficult costs and effects of IT / IS projects, organize networks project resource flow activities with the choice of optimal paths and minimum costs and assess the uncertainty and risk of IT / IS projects.
Projects in the field of information technology, planning and appraisal/evaluation of IT / IS projects, methods of evaluation and evaluation of IT projects, standard (classical) methods for commercial evaluation of IT projects, standard methods for economic appraisal/evaluation of IT projects, possibilities of applying standard methods on IT / IS projects- Concept Screening, Business Model Canvas, quantification of financial and economic net effects of IT / IS projects, uncertainty and risk analysis in planning-implementation of software packages WHAT IF - DATA TABLE, WHAT IF – SCENARIO MANAGER, CRYSTAL BALL, evaluation and valuation of IT / IS projects, management of IT / IS projects-implementation of software package MSPROJECT, PLAN BEE.
Practical classes consist of classroom and laboratory exercises that follow the content of the course. Within the classroom exercises through examples, simple demonstrations of theoretical material are made with explanations of each step in the evaluation procedure of IT / IS projects. Within the laboratory exercises, real examples of evaluation, evaluation and management of IT / IS projects are prepared with the use of appropriate software packages.
Required: Basic information, economic and statistical knowledge. Preferred: completed courses Databases, WEB design.
Software: EXCEL, MSPROJECT, QM FOR WINDOWS, PLAN BEE, handout, books: Economic analysis of projects, Mastering Software Project Management, PMBOK guide
Total assigned hours: 75
New material: 20
Elaboration and examples (recapitulation): 10
Auditory exercises: 0
Laboratory exercises: 10
Calculation tasks: 10
Seminar paper: 10
Project: 0
Consultations: 0
Discussion/workshop: 0
Research study work: 0
Review and grading of calculation tasks: 0
Review and grading of lab reports: 0
Review and grading of seminar papers: 3
Review and grading of the project: 0
Test: 5
Test: 2
Final exam: 5
Activity during lectures: 0
Test/test: 40
Laboratory practice: 0
Calculation tasks: 0
Seminar paper: 0
Project: 30
Final exam: 30
Requirement for taking the exam (required number of points): 30
Nikola Dondur: Economic Analysis of Projects, Faculty of Mechanical Engineering, Belgrade, Belgrade, 2002 (in Serbian); М Chemuturi, T. M. Cagley, Mastering Software Project Management, J Ross Publishing, 2010.; Ghosh, U. K. (2021). Appraisal and Selection of Projects: A Multi-faceted Approach. CRC Press.; PMBOK Guide