The semester offering of this course is subject to enrolment numbers.
This course is designed to equip project managers with the critical skills and knowledge required to effectively manage resource costs associated with their projects while delivering quality outcomes on a timely basis. Specifically, the course introduces a number of management accounting concepts and techniques that can be used to anlayse how projects consume resources, create value for a firm and its customers, and how this value may be enhanced. During this course students should learn accounting concepts and the accounting cycle as they apply to projects, understand and analyse financial statements, plan and manage project revenue and cashflows, engage in project budgeting and project cost control including variance analysis, analyse project financing options, and evaluate capital investment projects. Students should also be able to understand the principles of taxation as they apply to projects.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
Upon successful completion of this course students will be able to:
1. explain the role of accounting as an information system and its use to make economic decisions;
2. explain cost concepts, undertake cost estimation and cashflow forecasting for a project and subsequently translate this into project budgets and plans;
3. apply management accounting tools for project cost and budgetary control, as well as performance evaluation;
4. manage project cash flows and analyse financial statements;
5. learn independently and to assume responsibility for the learning process;
6. learn within teams – to co-operate with team members, to assume leadership and to manage differences and conflicts;
7. tolerate ambiguity in managerial and organisational problem-solving.
Other Information
See the course outline on the College courses page. Outlines are uploaded as they become available.
Indicative Assessment
- Mid-semester Exam 15%
- Team Assignment 35%
- Final Exam 50%
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
Students taking this course are expected to commit at least 12 hours a week (including non-teaching weeks) to completing the work. This will include attending classes, course reading, research, writing and assignment work.
Requisite and Incompatibility
Fees
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- 3
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2019 | $4320 |
- International fee paying students
| Year | Fee |
|---|---|
| 2019 | $5700 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
