Explores how organizations can use system dynamics to achieve important goals. Student teams work with client managers to tackle the clients' most pressing issues. Students discuss experiences with their clients, and learn modeling and consulting skills they need to be effective. Focus on gaining practical insight from the system dynamics process. Projects are sponsored by diverse organizations from a range of industries and sizes from start-ups to the Fortune 500.
Subject focuses on project management principles, methods, and tools to effectively plan and implement successful developments. Material is divided into five major sections: project organization, planning, monitoring, control, and learning. Emphasis on new methodologies and tools such as deterministic, probabilistic and resource management, as well as project system dynamics and measurements. Topics are covered from strategic, tactical, and operational perspectives. Term projects analyze and evaluate past and ongoing projects in student's area of interest. Projects used to apply concepts discussed in class.
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