Management of International Energy Projects
Component code / course code:
Semester: winter
ECTS credits: 3
Lecture hours per week (SWS):
Lecturer:
Course Language: English
Prerequisites:
Basic knowledge of business administration, the fundamentals of the energy industry, basics project management knowledge.
Qualification objectives:
Students become familiar with the global requirements of the energy market and with national and cultural differences of the key players or stakeholders in this environment via lectures and team exercises for project teams. They acquire and learn to apply extended knowledge of the methods and instruments, by adding special methods to the basic principles of conventional project management, to understand the process-based mechanisms as well as personal and team-related attitudes for the successful management of international energy projects.
The students are made aware of the growing importance of ’soft’ factors in project management and learn that leadership and commitment-based communication represent important elements for projects with international team set-up.
Another focus is learning about technology and process-based management standards to simplify complex conditions to avoid or minimize disturbances and their impact during the execution of the projects and to manage the projects smoothly. Project-specific standards or methodological approaches comprise the multi-purpose structuring of the project, effective progress monitoring, and decision-making processes, as well as tools to minimize risk, cost overruns, and quality deficiencies.
Digestion of the content shall be facilitated by resolving typical business problem cases of projects and conflict situations in team-based role-plays with the application of relevant methods for international project management.
Course contents:
- Fundamentals of the global energy market
- Cultural differences, corporate culture, and soft issues for the management of projects v Special methods for the management of international energy projects
- Processing of international energy projects through the various project phases
- Interactive project status between the project team and management with strategies for risk reduction
Teaching format (e.g. online/in person lecture/Seminar/Lab etc.): In person lecture
Examination type: Portfolio examination
