What's the Curriculum of a Project Management Master of Science Degree?

A Master of Science in Project Management may help prepare students for a wide range of management careers. The curriculum for a master's degree in this field will most likely involve learning several key skills, including portfolio management, project evaluation, and budgeting. Read on to find out more about common courses for this degree, including possible specializations. Schools offering Business Management degrees can also be found in these popular choices.

A Master of Science Degree in Project Management

Project management degree programs help equip students with the skills they need to successfully coordinate a wide range of projects. Project managers must have the ability to lead projects from the inception phase through the project evaluation. This involves the utilization of a variety of skills and tools, including scheduling, budget management and risk estimation.

Important Facts About These Programs

Online Availability Programs are offered (and can take as little as two years).
Concentrations Statistics, cost and economic analysis, information systems, research
Prerequisites Requisite coursework in business communication and math, minimum GPA and standardized test scores
Possible Careers Project Coordinator, Director of Project Management, New Product Development Manager, Site Manager
Median Salary (2019)$122,697 (Project Management Director)*
Job Outlook (2016-2026)10% growth (Training and Development Managers)**

Sources: *PayScale.com, **U.S. Bureau of Labor Statistics (BLS)

Project Management Practices

This course offers an introduction to the overall project management process. Students learn how to effectively define a project and determine its life cycle. Using real-world case studies, students examine examples of successful management and ways in which projects often fail.

Portfolio Management

Businesses often expect their project managers to be able to effectively guide a variety of projects at the same time. This course helps students learn how to manage several projects simultaneously. Students examine prioritization strategies and explore ways in which it may be determined that a project should be terminated.

Project Evaluation and Assessment

This class provides students with the skills necessary to effectively evaluate project performance. Both quantitative and qualitative assessment tools are examined and students discuss the different ways that performance results may be reported.

Cost Estimation and Control

Students who take this course learn how to successfully manage the budget of a particular project. Outsourcing and management and selection of vendors are also discussed. Students examine possible cost estimation and revision methods.

Additional Courses

Other general courses that may be included in the curriculum of a project management master's degree program are:

  • Risk management
  • Project quality management
  • Global project management
  • Software project management
  • Project planning and scheduling

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

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