Teaching Responsibility

LJMU Schools involved in Delivery:

LJMU Partner Taught

Learning Methods

Lecture
Tutorial

Module Offerings

6104SBC-SEP-PAR

Aims

This module is designed to develop the core management techniques required to design, implement and plan a new product or process.

Learning Outcomes

1.
Apply decision making techniques to select a solution to a problem
2.
Apply a fundamental knowledge of intellectual property law to protect a solution
3.
Turn an entrepreneurial idea into a project. Organise, plan and control the project.
4.
Model product cost, sales and profit
5.
Explain fundamental marketing and sales strategies and contract law

Module Content

Outline Syllabus:Decision making tools. Selecting solutions from a range of options. Understanding the entrepreneurial process and turning the idea into a project. The project management life cycle. Project scope. Project planning to achieve cost, time and quality objectives. Network techniques and the use of Gantt charts. Project execution. Quality and risk management of projects. Closing a project. Modelling product cost, sales, and profit. Economic modelling, sensitivities, forecasting cash flow (NPV) and investment appraisal. Product/process analysis visualisation tools (IDEF, Value Stream Mapping) Fundamental principles of intellectual property law. Trade secrets, patents and publication. Marketing and sales strategies and fundamentals of contract law.
Additional Information:The module introduces students to the background of industrial management which graduates will experience in the engineering industrial environment

Assessments

Centralised Exam
Essay