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Project management

COURSE: Project management

Code: ФЕИТ04016

ECTS points: 6 ECTS

Number of classes per week: 3+0+0+3

Lecturer: Prof. Dr. Vangel Fustik

Subject of the course content: Introduction in Project management, development, objectives and general characteristics. Projects, definition and their role in business successfulness. Leading and managing projects in contemporary business environment. Standardization in Project management. Project categorization. Project parameters and project planning. Modern organization and its’ adaptation to the new projects – Project portfolio, Organization of the project teams. Project manager. Documentation in projects (correspondence, basic documentation, tendering, offering, contracts). Scope of works, limits of works and change management. Cost-Benefit analysis. Cash-flow projections. NPV, IRR and other economic criteria for project evaluation. Managing time and quality in projects. Selection of competitive projects: D, B, DB, DBOT, ROT, DROT projects and particularities in appropriate documentation. Commercial, technical, social, institutional, financial and economic issues in projects. Environmental issues in projects. Risk management and possibilities in complex projects. Reports and presentation of the projects. Case studies. Learning from projects.


  1. C. Gray & Larson, Project management, Mc Grow Hill, 2003.
  2. Garet Jones, Современ менаџмент, Mc Grow Hill (Програма на Владата на РМ), 2007.
  3. H. Kerzner, Project management:  Approach to Planning, Schedulling and Controlling, Willey, 2001.
  4. Scientific papers and publications, Harward Business Review, PM Network, IEEE Engineering Mangement , in last 10 years.
  5. V. Fustik, Case studies, FEIT, e-version, 2010.