Online Master's in Project Management
Master of Science in Management - Project Management
Are you interested in studying how to create new technology-based business paradigms that help organizations reach their goals? Colorado Technical University offers a Master of Science in Management with a concentration in Project Management that is accredited by the PMI Global Accreditation Center for Project Management Education Programs (GAC) and can help you explore this topic. The GAC is committed to fostering excellence and continuous improvement in academic degree programs related to the field of project management.
The degree is designed to provide a solid base of knowledge to address pressing management challenges using industry-recognized models and techniques. The program covers key areas such as project scope, time and cost management, risk analysis, procurement and scheduling. Explore leadership and management skills including conflict management, human capital management and organizational behavior. Project and program managers are key talent with the critical capability to drive an organization’s most important initiatives to success, reports the Project Management Institute. Not only does a well-rounded project manager require technical project management skills, business management and leadership skills are also essential.1
Ranked Among the Best Online Graduate Business Programs
For the seventh year in a row, CTU's Master of Science in Management degree programs are ranked among the Best Online Master's in Business Programs (excluding MBA) by U.S. News and World Report.*
* CTU programs are ranked among U.S. News & World Report’s 2022 Best Online Programs.
Relevant Institutional/Programmatic Accreditation
CTU is institutionally accredited by the Higher Learning Commission www.hlcommission.org
CTU's Master of Science in Management - Project Management program is accredited by the PMI Global Accreditation Center for Project Management Education Programs (GAC).**
- February 21, 2023
- April 04, 2023
- May 09, 2023
- Colorado Springs
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The Master of Science in Management with a concentration in Project Management (MSM-PM) is a 48-credit-hour program offered online and at both Colorado campuses. The program includes 28 credit hours devoted to the management core and 20 credit hours for the project management concentration.
This program is for students who may not have an undergraduate degree in business, yet want to study project management. This concentration is designed to help the student develop the skills and knowledge of an effective project manager, including time/conflict management; teams and HR management; risk analysis and management; scheduling techniques; organizations and processes; cost, budgeting, and scheduling; procurement and contracting; and control systems implementation. Program content covers key areas contained in A Guide to the Project Management Body of Knowledge (PMBOK® Guide), considered to be the industry standard.
This program does not lead to additional licensure or certification. As such, CTU has made no determination regarding prerequisites for licensure or certification in any state or jurisdiction.
The mission of the College of Business and Management is to offer professional market-driven business degrees that build business competencies transferable to all industries. The College of Business and Management accomplishes this mission by offering curriculum that aligns to industry standards, remains relevant, and builds practical skills applicable to the competitive global business environment.
Course Title Course Description Credit Hours HRMT620
Human capital management creates a paradigm to strategically look at people as the most valuable asset. This course provides a framework for students to integrate human capital management as part of the overall business strategy. By understanding, evaluating and integrating the human capital management model, the student will also be able to apply these approaches both domestically and globally.
Strategic Human Capital Management 4 INTD670The course analyzes the concepts of leadership versus managerial roles and responsibilities relative to societal expectations for ethical behavior and regulatory scrutiny affecting both leaders and managers in an organization setting. This course also differentiates among ethical decision-making processes and decision problems with ethical implications. Students examine a variety of complex ethical issues confronting industry leaders and professionals as they work with various stakeholders of an organization. Additionally, students explore the code of conduct at work, methods to implement a code of conduct, and issues related to managing conflicts of interest within a decision making process. Leadership and Ethical Decision-Making 4 MGMT600
This course emphasizes the practical application of descriptive and inferential statistics to decisions made in a managerial role. The following subjects are addressed in the course: data summarization and presentation, data analysis, test of hypotheses, discrete and continuous distributions, estimation theory, simple and multiple correlation and regression, analysis of variance, multivariate statistics and non parametric methods. The student will apply the knowledge learned by completing a data aggregation and reduction exercise report and by accomplishing a research report summarizing an application of applied statistics from either the academic or professional literature.
Applied Managerial Decision-Making 4 MGMT604
After this course the student will be able to help potential managers deal effectively with the human element in organizations. It examines causes of human behavior and how it affects management challenges such as communication, decision-making, leadership and motivation. The course is oriented toward team and project-based organizations and builds knowledge and skills to successfully operate in contemporary organizations. As a class, students will reflect on both our experience in organizations (companies) and as an organization (class).
Organizational Behavior 4 MGMT640
This course provides an overview of the issues and decisions involved in the production of goods and services. This course emphasizes the latest approaches, methods and systems to ensure management success under demanding cost, schedule, and performance requirements. As such it focuses on production design, enterprise planning, production scheduling, implementation and the control of production systems. Concepts examined include operations strategies, process analysis, quality and improvement, planning and control, inventory management, risk control systems, and supply chain management.
Operations Management 4 MKTG630
This course emphasizes the application of marketing concepts, tools and decision-making processes middle managers use in developing marketing plans, programs and strategies. Within the marketing strategy framework, it also examines market analysis and measurement, profitability and productivity analysis, product development, promotion and pricing strategies, the logistics systems approach and the marketing plan. The student will apply the knowledge learned by structuring and presenting to the class a practical strategic marketing plan.
Applied Managerial Marketing 4 PM600
This course emphasizes the development and integration of project management in organizations. It provides an overview and introduction to the discipline of project management, coupled with an examination of the techniques that project managers use to complete their projects on schedule, within budgeted cost, and according to specified scope and quality. With materials presented by the Project Management Institute (PMI®) in its Guide to the Project Management Body of Knowledge (PMBOK® Guide), students explore the theoretical and operational framework of project management relating to the project life-cycle of project initiating, planning, executing, monitoring and controlling, and closing.
Project Management Processes in Organizations 4 PM665
As the Capstone course in the Project Management program, this course requires students to demonstrate how to synthesize and apply the concepts, knowledge, skills, tools, and to a real world scenario project. Students will be required to demonstrate the ability to produce a complete project plan, understand project integration and management of projects within a program, use project management software to manage cost, time, and resources, and manage project stakeholder expectations.
Project Management Capstone 4 Total Credit Hours: 32
Course Title Course Description Credit Hours PM610
This course offers a practical approach emphasizing the project knowledge areas and process groups presented by the Project Management Institute (PMI®) in its Guide to the Project Management Body of Knowledge (PMBOK® Guide). The course provides an overview of aspects related to the project life-cycle and project management techniques that are used to manage projects successfully by delivering them on schedule, within budget and quality and customer acceptance.
Project Planning, Execution and Closure 4 PM620
This course emphasizes a hands-on approach to using project management tools to facilitate scheduling, estimating, tracking and controlling the schedule and costs of the project. Working with a given or chosen project schedule, a project baseline will be established so that actual schedule and cost variances can be compared to the project baseline, and corrective actions can be developed to address the variances. Specific project management tools covered include Gantt, PERT, Milestone Charts, Critical Path Method (CPM), Earned Value Management (EVM), Present Value (PV) and Internal Rates of Return (IRR). Specific topics covered include developing contingency plans, incorporating risk and quality factors into project cost and schedule and establishing ways to communicate project status to various stakeholders at various points in the project life-cycle.
Schedule and Cost Control Techniques 4 PM630
This course includes writing, negotiating and adhering to contracts, as well as legal and ethical considerations. Procurement, including writing, clarifying and communicating specifications, is covered. There is an emphasis on Contract Administration and dealing with subcontractors. Topics include bidding, types of bids (e.g., RFQs, IFBs, and RFPs), types of contracts (e.g., fixed price, cost plus, and time and materials), and their respective purposes and impact on risk and project contract negotiations. Changes in contracts, methods to resolve disputes, and writing clear statements of work (SOW) are discussed.
Contracting and Procurement in Project Management 4 PJM670As project management has transitioned into a central focus of all business practices, the approach to managing projects has also evolved. This course explores various project management methods including waterfall, agile, and other hybrid methods. The course also examines the principles, approaches, and practices that guide each method. Students will have the opportunity to learn of different project management approaches within an organizational setting. Agile, Waterfall and Hybrid Project Management Methods 4 Total Credit Hours: 16
Total Credit Hours: 48
Accreditations and Alignments
The Master of Science with a Concentration in Project Management is accredited by the PMI Global Accreditation Center for Project Management Education Programs (GAC).
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Classes start February 21, 2023 *
*Start dates may vary by program and location.
CTU’s Master of Science in Management (MSM) in Project Management Degree Program is designed to provide knowledge, skills, and abilities relevant for pursuing potential opportunities in the workforce. This management degree program emphasizes a solid base of knowledge to address pressing management challenges using industry-recognized models and techniques. The program covers key areas such as project scope, time and cost management, risk analysis, procurement and scheduling.
As you work to complete your MSM, you will be immersed in courses where you will study these topics and much more: the project lifecycle and project management techniques that are used to efficiently manage projects; a hands-on approach to using project management tools to facilitate scheduling, estimating, tracking, and controlling the schedule and costs; and how to write, negotiate, and adhere to contracts.
Courses for the Master of Science in Management in Project Management start online and at our Colorado Springs campus approximately every five weeks. Completion of the CTU admissions process will depend on how quickly you complete the steps in the CTU online application process. You may complete the application process over the phone with an advisor or you may go online. Once you’ve completed the online application, you may hear from an advisor within the following 24 hours to discuss the next steps toward starting your degree program. Master’s programs may have additional entrance requirements that take additional processing time.
The Master of Science in Management in Project Management degree program consists of 48 credits. You may be eligible for transfer credit, which is evaluated on an individual basis. Not all credits are eligible to transfer.
As you study topics in management that are always being evaluated and updated to reflect industry-relevant trends, you will experience a curriculum through classroom learning and hands-on experience that aligns to industry standards and helps you work to develop skills that are applicable to the competitive global business environment.
The Master of Science in Management with a concentration in Project Management degree program at CTU is accredited by the PMI Global Accreditation Center for Project Management Education Programs (GAC).