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Level 8 Diploma in Strategic Management and Leadership Practice

Resource Planning and Financial Budgeting for Research Projects

SMP803 · Project Development, Planning and Management — Week 7 of 16

CourseSMP803
Week7 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Resource Planning and Financial Budgeting for Research Projects

  1. Bottom-up and parametric cost estimation for research
  2. Budgeting field research, specialised software, and access fees
  3. Participant compensation and research assistant resource allocation
  4. Contingency planning and financial risk controls
  5. Lecture 29 - Estimation of Project Cash Flows - Part 1
  6. Business Strategy: Resource Allocation
  7. Lecture 40: Risk Analysis in Capital Budgeting - Part I

What you will be able to do

  • 3.2 Estimate resource, cost requirements for a given activity.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: estimate resource, cost requirements for a given activity.

Study materials

Videos

  • Business Strategy: Resource Allocation · YouTube · Galton College · 22 min · for registered students

Further resources

  • MIT OCW ESD.36 System Project Management (Fall 2012), Budgeting and cost control (EVM) · PDF · MIT OpenCourseWare, slides · for registered students
  • MIT 1.040 Project Management (Spring 2009) · Reading · MIT OpenCourseWare, course · for registered students
  • MIT OCW ESD.36 System Project Management (Fall 2012), Risk management · PDF · MIT OpenCourseWare, slides · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 6Midterm
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Strategic Role of Projects in Modern Organisations
  • Week 2: Project Management Methodologies and Governance
  • Week 3: Typologies of Research Projects versus Organisational Initi…
  • Week 4: The DBA Project Life Cycle and Research Funding Ecosystem
  • Week 5: Doctoral Research Risk Identification and Mitigation
  • Week 6: Research Work Breakdown Structure and Activity Scheduling
  • Week 7: Resource Planning and Financial Budgeting for Research Proj…
  • Midterm: Midterm evaluation
  • Week 9: Critical Path Method and Research Schedule Optimisation
  • Week 10: Project Life Cycle Analysis and Doctoral Research Bottlenec…
  • Week 11: Project Best Practices and Strategic Frameworks for DBA Del…
  • Week 12: Applying Project Development, Planning and Management in pr…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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