Project Management
Business Simulation
The Project Management Business Simulation is a team-based, interactive project management simulation. It allows participants to experience the dynamics of managing a project that is part of a broader, multi-project program with interdependent projects.
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Case 1: Digitalization program
Focus
Project management, teamwork and leadership, effective collaboration, and communication.
Used in
Introductory and more advanced project management courses, interactive project management sessions, executive and project management training programs.
Case scenario
Software development project/program that consists of four interdependent projects.
Participant tasks
The role of each team member is to manage a project and the goal of the team is to complete a program that consists of multiple projects. Project managers who oversee their respective projects seek to complete their projects with the highest quality, least cost, and on time within the budgetary constraints. Each project has its own task requirements that need to be matched with the project team members’ skill sets. Project managers decide about prioritization of project tasks, use of overtime hours, preparation for unexpected changes, outsourcing of tasks, and potential changes in project team composition. The simulation tracks the progression of the program and the individual projects.
Key learning areas
Project Management Business Simulation was designed from the ground up on the philosophy that communication between people is the essence of all project management. While project management at large covers a multitude of functional disciplines, many of which are part of the simulation, the key learning area is the need to disseminate information appropriately within the program, taking into full consideration the unique needs of each project in place.
Key success factors
The goal for the team is to complete the whole program and successful teams will demonstrate strong communication skills and skilful balance between individual and team goals. The success of the teams vitally depends on the project managers’ ability to communicate appropriate action plans within the newly formed program.
Expected outcome
Better understanding of the critical element of communication in project work. Increased understanding of the interplay of collaborative and competitive elements in an environment that puts interpersonal skills to test. Insights into the systematic measurement of project goals and key metrics like time, cost, and quality. Appreciation of differences of opinion and variance in teamwork skills.
Available languages
English, Finnish, French, Spanish, Chinese.
