Know what you want? Try our 'Supplier Directory' 

New MSC meets changing needs of project management

City University London has launched a new MSc in Project Management, Finance and Risk to meet the changing nature of capital goods supply and use. Recently manufacturers have recognised the need to sell maintenance and support services instead of just the goods, which demands a new style of ‘performance-based’ contracts.
The MSc is, said the university, the first of its kind to offer training needed for financial engineering and risk analysis to price, manage, and service the new contracts.

As major capital projects are evaluated on cost and revenue streams, both manufacturers and project managers need training to combat the uncertainties and risks in their projects.

Launching in September 2009, the MSc in Project Management, Finance and Risk will teach students to design appropriate models for risk sharing, and learn about the financial tools available, to ensure the best performance of their projects.

'Those managing major projects need to measure and handle the uncertainty and risk in a volatile economic climate, to control costs and avoid catastrophe,' said Martin Newby, professor of Statistical Science at City University London.

'City's MSc gives a strong basis in risk management that is transferable to all industrial sectors.'

In addition to planning for risk and decision making, the course provides practical skills in programming, software and graphical tools.

The course includes the following modules:

  • Managing risk and uncertainty

  • Optimisation and decision making

  • Lifecycle engineering

  • Financial engineering and project planning

  • Communication and presentation

  • Programming and software packages

  • The MSc in Project Management, Finance and Risk can be studied full-time or part-time.

    For more information about the MSc and scholarships visit: www.city.ac.uk/study/courses/engineering-maths/project-management-finance-risk-msc
    18 May 2009

    Comments

    Already Registered?
    Login
    Not Yet Registered?
    Register

    HVR AWARDS 2022: Judging begins and voting begins

    Entries are now closed for the HVR Awards and the judging process is underway ahead of the event which will take place at the Chelsea Harbour Hotel in London on September 29. Voting is also open in four categories!...

      04-Aug-2022

    SKILLcard awarded to new qualifications

    Paddeco, in partnership with NAADUK, has announced that two further qualifications have been granted access to a CSCS Blue SKILLcard:...

      03-Aug-2022

    If you need to open a Solenoid Valve manually, you need a SVOM!

    If you need to open a Solenoid Valve manually, you need a SVOM!
      22-Oct-2021
    Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
    Subcribe to HVR

    Diary

    BESA CONFERENCE