The concept of project time and cost management is introduced and explored in this course. You will develop your management skills and expand your knowledge of how to apply these skills across diverse project management projects. You will further develop these skills by utilising specialised software. To support your learning, you will engage in a range of online activities that encourage you to be an active learner.


Course coordinator

Dr Ehsan Gharaie, Senior Lecturer - School of Property, Construction and Project Management

Course objectives

  • Determine and apply knowledge of complex project management theory, principles and best practice to applied projects to contribute to the profession and discipline of project management;
  • Critically analyse, synthesise and reflect on project management theory and developments—both local and international—to extend and challenge knowledge and practice;
  • Professionally communicate and justify project scope, design, implementation, strategy and/or outcomes, engaging effectively with diverse stakeholders across a range of industry sectors; and
  • Utilise specific research and technical skills to strategically develop and implement project management strategies and solutions that are responsive to complex sustainable and economic theories and enhance project value, delivery and governance.

Learning outcomes

Upon successful completion of this course, you will be able to:

  • Select and apply appropriate project management techniques to manage project duration and cost;
  • Analyse and apply principles of cost control, cash flow planning and financial administration to ensure effective project management;
  • Control project cost and duration; and
  • Critically analyse, synthesise and reflect on project management techniques.


Assessment for this course will occur at various times across the seven-week teaching period. In most cases, assessment should follow a similar structure to the below:

  • A short assessment may occur in the first couple of weeks, driven mostly by peer-assessment or objective feedback as is the case of a survey quiz or contribution to discussion.
  • Assessments that occur mid-study period (approximately week 2 to 5) will have a highly formative purpose, like an extended case study or a scenario role play. These are intended to provide an indication of performance and occur at this time to enable positive changes to future performance.
  • Final assessments are usually summative, and generally draw the course's threshold concepts together. Your previous assessments will have directly prepared you for a summative-style assessment.

Rich, online feedback will be provided to you throughout the teaching period on practical exercises and by individual consultation, ideally within five business days.

Please note, unit structure and content are subject to change. Contact your RMIT Student Enrolment Advisor on 1300 701 171 for more information based on your particular circumstances.