Management of Innovation Projects

2024/2025

Academic Year

ENG

Instruction in English

3

ECTS credits

Delivered at:

Department of Finance

Course type:

Elective course

When:

2 year, 2 module

Course Syllabus

Abstract

This course aims to train stydents able to plan, implement and pilot innovation within companies. This “innovation” approach is the interface between technology dynamism and company management, more specifically within the industrial sectors which ITECH. Besides learning of general project management theory studying of narrow, but deep aspects of project management provides a student with unique knowledge, which permit to create specific career trajectory. Thus, getting knowledge in the sphere of innovation project management enhances well-rounded competences of students.

Learning Objectives

• Develop a deep understanding of the stages involved in high-tech business creation, including project life cycle, funding strategies, and technology readiness levels (TRLs).
• Equip students with practical skills in project management, including the use of the Logical Framework Approach (LFA) for effective planning, monitoring, and execution of high-tech projects.
• Enhance the ability to identify and secure different sources of funding, such as venture capital, private investors, and government grants, tailored to the needs of tech startups.
• Foster teamwork and collaboration through group-based projects, where students will apply theoretical knowledge to real-world scenarios by developing and presenting a comprehensive business plan for a high-tech startup.

Expected Learning Outcomes

• Students will be able to conceptualize and plan a high-tech business, demonstrating an understanding of the technology readiness levels (TRLs) and project life cycle management
• Students will acquire skills to create a detailed project plan, including budget, Gantt charts, and funding strategies, using real-world examples and case studies
• Students will effectively collaborate in teams to develop and present a high-tech startup project, addressing the key challenges of technology commercialization and funding
• Graduates of the course will demonstrate the ability to apply strategic thinking and project management tools to lead innovative technology-based businesses from inception to market entry

Course Contents

• Topic 1. Introduction to High Tech Business Creation.
• Topic 2. Sources of Funding for High-Tech Businesses in Russia.
• Topic 3. Logical Framework Approach (LFA) - I
• Topic 4. Logical Framework Approach (LFA) - II
• Topic 5. Project Life Cycle
• Topic 6. Action Plan & Budget
• Topic 7. Team-Based Project Development

Assessment Elements

• Project Presentation
• Project Description

Interim Assessment

• 2024/2025 2nd module
  0.5 * Project Description + 0.5 * Project Presentation

Bibliography

Recommended Core Bibliography

• Project management best practices : achieving global excellence, Kerzner, H., 2006

Recommended Additional Bibliography

• Spalek, S. (2019). Data Analytics in Project Management. Boca Raton, FL: Auerbach Publications. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1898650

Authors

• SOLOVEVA EKATERINA EVGENEVNA