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Unit of study_

PMGT5886: System Dynamics Modelling for PM

System dynamics modelling focuses on the relationships and interactions between the parts of a complex system, and has demonstrated considerable value in assisting decision makers to understand and predict the dynamic nature of complex systems.  System dynamics modelling is introduced in the context of complex adaptive systems (CAS), which studies and models the relationships between parts of a system that give rise to collective and dynamic system-level behaviours. Effectively implemented, the methods can dramatically improve a manager's effectiveness in today's complex and interconnected business world, by helping to predict and evaluate indirect effects of actions and policies. This course provides managers with practical quantitative tools to enhance individual, team, and organisational learning, change, and performance. 

Code PMGT5886
Academic unit Project Management
Credit points 6

At the completion of this unit, you should be able to:

  • LO1. recognise complex scenarios
  • LO2. understand the differences between project management style, situations, and context
  • LO3. build the bridge between system theory and project management
  • LO4. analyse the impact of different scenarios and how they are impacted by the stakeholders decisions
  • LO5. map the the skills needed in a complex project and identify possible gaps
  • LO6. gather and reflect on lessons learnt at the end of the group and individual assignment