Diploma in Business with Project Management via Online Distance Learning

Enrolment date: 22 December 2017

Benefiting from over 30 years’ practical skills training experience, Fitzwilliam Institute’s Online Diploma in Business with Project Management course features:

  • Comprehensive modules covering all aspects of business and project management: Introduction to Business, Strategic Management, Operations Management, Marketing, Financial Accounting, Macroeconomics, Leadership and Communication in the Workplace, Effective Performance in the Workplace, Employee Relations and the Law, Business Ethics, Project Management Team, Project Management Initiation, The Planning Process, Budget, Time & Quality Management, Project Closure, Project Management Software, and many more.
  • Interactive course expert support, advice and guidance from leading industry professionals. Always ready to help and answer any questions you might have throughout the course, all of our business course experts are top industry professionals with many years of successful business experience across a broad range of industries. This course contains the core and vital industry key skillset and, on completion, all of our students are industry-ready.
  • Real life business and project management briefs. Fitzwilliam Institute’s Diploma in Business with Project Management offers practical and specific skills that can be applied in real world situations. You will gain exposure to invaluable toolkits and prepare real life business and project management briefs, which will enable you to develop your work portfolio.
  • Flexible online learning. Fitzwilliam Institute’s Diploma in Business with Project Management course can be completed in your own time, from the comfort of your own home, to suit your lifestyle. You will have full access to online resources and subject expert support for one calendar year. However, you can complete the course in as little as 4-6 months, by dedicating 6-8 hours of study per week.
  • Jobs, Networking and Volunteer Opportunities. Benefiting from omany years of industry experience, Fitzwilliam Institute are extremely well placed within the industry. Employers are always looking for Fitzwilliam Institute’s students and alumni. Our website features a comprehensive jobs and volunteer opportunities section.

Introduction to Business Management

The nature of business; Business plans and start-ups; Legalities – sole traders and partnerships; Limited companies, non-profit organisations, public sector organisations;

Strategic Management

Vision and mission; Objectives; Planning and strategy; Contingency planning, implementation, change control;

Operations Management

Production methods, cost, revenue and break-even analysis; Quality assurance; Production planning; Project management;

Marketing

Marketing concepts; Market research: Market segmentation, positioning and targeting; New product development and the product life cycle; Brand awareness; The Marketing Mix (product, price, place, promotion); Competitor analysis; Marketing strategies; E-commerce;

Mathematics and Statistics for Business

Financial Mathematics; Calculus and Profit Maximisation; Descriptive Statistics; Measure of Association; Probability; Statistical Inference;

Financial Accounting

Introduction to financial accounting; Users of financial information; Key accounting models; Terminology; Need for financial statements; The balance sheet; Balance sheet layouts, ratio and the balance sheet; Income statement and layout; Ratios, revenues and trade receivables; Owners equity; Cash flow measurement and documentation; Inventories and cost of sales; Tangible and intangible assets; Liabilities; Financial statements and recording transactions; Preparing financial statements; Analysing and interpreting financial statements; Analysis tools; Auditing;

Macroeconomics

Introduction to macroeconomics; Understanding macroeconomics; Principles of economics; How the market works; Gross domestic product; International trade; Open economy; Labour market; Income, expenditure and the circular flow; The consumer price index; Cost of taxation, employment, cost of living; The Philips Curve; National income, supply and demand for goods and services; Money and inflation; the Quantity theory of money; Interest rates; Social costs of inflation; Hyperinflation; Exchange rates; Economic fluctuations; Economic growth; Economy in the long run; Accumulation of capital; Population growth; Policies to promote growth; The Solow model; The business cycle; Aggregate demand and supply; The IS-LM model; The money market; How fiscal and monetary policies shift the LM curve; Floating and fixed exchange rates; The Mundell-Fleming model; Policy debates; Investment; Government policies;

Microeconomics

Introduction to microeconomics; Trade, trade-offs and government policy; Production and supply; Elasticities; Individual choice in supply and demand; Production and cost analysis; Competitive markets; Oligopoly and monopolistic competition and strategic pricing; Uncertainty;

Leadership and Communication in the Workplace

Effective communication skills; Leadership styles; Information gathering and interpretation; Problem solving; Decision making; Workforce planning; Conflict resolution; Time management; Delegation;

Effective Performance in the Workplace

Company organisational culture and structures; Building an effective workforce – recruitment, team selection; Appointment and termination; Training and appraisal; Motivational strategies; Competition in the workplace; Wage and salary administration; Job restructuring;

Employee Relations and the Law

Human resources management; Employee representation; Industrial democracy including bargaining, consultation and participation; Industrial relations - action and disputes; Government policy (including EU and other industrial blocs); Consumer protection, workforce protection, equal opportunities legislation, pressure groups; Taxation;

Business Ethics

Business ethics; Business and the environment; Corporate social responsibility; Commercial Law; Company Law; Contract Law; Employment Law; Law of Tort;

Entrepreneurial Skills

Innovation, research and new product development;

Spreadsheets

Introduction to spreadsheets; Step by step instructions on using the features, functions and applications for spreadsheets; Customizing the spreadsheet software; Installing the spreadsheet software; Security; Platforms; Operating system compatibility;

Setting Up & Marketing Your Own Consultancy

The Business Plan; Legalities; Setting Up; The Marketing Strategy; Knowing Your Competitors; Promotional Tools;

Presentation Skills

Preparation and Research; Speech Content; Subject Matter and Objectives; Speech Delivery and Variety; Body Language; Eye Contact; Presentation Aids; Management of locations and audiences; Presentation structure;

PROJECT MANAGEMENT

Introduction to Project Management

Definitions from industry-led professionals; Characteristics defining a project; Comparing projects to processes; Introducing global standards in project management; Summary of major associations representing the profession of project management - International Organization of Standardization (ISO), the Association for Project Management (APM), International Project Management Association (IPMA) Project Management Institute (PMI); Examples of widely used methodologies and guides in project management (e.g. PRINCE2, the Critical Chain Method (CCPM), PMBOK guide by the PMI);

The Project Management Team

Detailed analysis of key players involved in a project life cycle and their integration (Project sponsor, seniority, project manager, project engineer, seller/supplier, project team members, programme board, project management office, stakeholders, customer);

Project Initiation

The main factors involved in project initiation (definitions, business plans, project sponsor and other stakeholders); Planning at the initial stage for a successful project outcome; Understanding and defining the project scope; Recognising time, budget schedule restraints in the scope development;

The Planning Process

Where and how to start; Using detailed checklists and flowcharts as tools in creating and formulising project plans; The advantages of using work breakdown structures (WBS); Organizational breakdown structure (OBS); The use of logical coding systems as effective organization methods; Critical path networks; Gaining authorization; Making decisions; Initial project coordination;

Budget, Time and Quality Management

The key concepts in project cost management; Cost estimating; Cost budgeting; Cost accounting; Tools and techniques in cost estimation (top-down, bottom-up costing, reserve, conference, vendor bid analysis); Cost estimations for materials; Labour costs and manufacturing; Processes involved in project time management; Difference between time planning and time scheduling; Internal and external time influences; Bottom-up and top-down time planning; Parametric estimation and three point estimation; Checklists and diary planning; Developing a realistic schedule; Gantt charts and linked Gantt charts; Defining quality; How quality fits into the project life cycle; Planning for quality; SMART planning; Inputs and outputs required for quality planning and quality assurance; Costs of quality; Prioritising quality; The value of quality management; Quality assurance; Testing for software quality (unit testing, integration testing, subsystem testing, system testing, regression testing, alpha testing, beta testing, acceptance testing); Validating and verifying quality; Benchmarking; Quality management practices; Quality testing and reviewing; Why quality isn't met;

Risk Management

Defining risk management; Categories of risk (internal and external risks); Identifying the projects’ risks; Risk analysis and assessment; Qualitative analysis (fishbone diagram, classification matrices); Quantitative analysis; Introduction to risk planning; The risk register - output to risk identification, avoiding risk, reducing risk (mitigate); Contingency plans; Risk acceptance; Risk monitoring; Insurance; Planning for a crisis;

Project Closure

Formal project closure procedures; Managing files and archives; Finalising records and reports; Disposing of surplus materials; Completing final project definition; Project review; Improving project performance; Learning before doing;

Project Management Software (ProjectLibre)

Introduction to ProjectLibre; Overview of the ProjectLibre Environment; Downloading & Installing the Application; The ProjectLibre screen environment: Gantt Charts; Using Network Diagrams; The Resources View; The Work Breakdown Structure Chart; The Resources Breakdown Structure Chart; The Reports Screen; The Task Usage Detail Screen; The Resource Usage Detail Screen; The Histogram Screen; Setting up a New Project; Creating Sub Tasks, Setting Task Durations, Setting Task Dependencies, Modifying a Task, Adding Notes to a Task, Adding Resources to your Project; Work and Material Resource Types; Assigning & Modifying a Resource; Assigning Costs to a Resource; Adding Notes to a Resource; Inserting Milestones in a Project; Tracking your Project using Baselines; Creating Project Reports; Common Project Management Terms; Resources and References.

On successful completion of this course you will receive a Diploma level qualification that is certified and awarded by the ICM (Institute of Commercial Management)

The Institute of Commercial Management was founded in 1979 and is one of the leading Professional Examination and Certification Bodies in the world today. Fitzwilliam Institute have developed and provided practical skills training courses in liaison with the Institute of Commercial Management qualifications and certifications framework for over 25 years. The Institute of Commercial Management certifications and continual professional development training awards are recognised by leading industries, bodies and professions.

next start date: 22nd December 2017

Duration: You will have full access to online resources and subject expert support for one calendar year. However, you can complete the course in as little as 4 - 6 months, by dedicating 6-8 hours of study per week.

Course Fees: 795.00 GPB

To secure your place on the course the full fee is required. All fees must be paid in full before the course begins. Please note, the full course fees are inclusive of all course materials and certification costs.

Enrolment intake is strictly limited on this course. Early application is advised. Places are allocated on a first come first served basis.

Fitzwilliam Institute closes on Bank Holidays and for a number of days at Christmas and New Year. Fitzwilliam Institute reserves the right to postpone, cancel or alter courses without notice or to change any of the details in this brochure. Fees are not refundable unless the course is cancelled by Fitzwilliam Institute. Distance Learning courses are provided by Fitzwilliam Institute BGLS Ltd.

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