Operations and Innovation Management

2018/2019

Prerequisite/Recommended prerequisite for participation in the module

This module is based on knowledge gained on the 1st and 2nd Semester of the MSc in Operations and Innovation Management programme.

Content, progress and pedagogy of the module

Learning objectives

Knowledge

  • Deep knowledge of the subject matter in the specific area of the project

Skills

  • Solve complex business problems using operation and innovation management theory and concepts and management engineering methods and tools
  • Evaluate and choose among potentially relevant theories, concepts and methodologies applied in the analysis and solution design of a practical business engineering problem
  • Evaluate the relevance and limitations of the theories, concepts, methods and tools actually applied in the project
  • Account for any choices made during the problem analysis and solution development
  • Develop solution alternatives and evaluate the performance, strategic, organizational, managerial and other relevant prerequisites for and consequences of solution alternatives and make a well-informed choice based on that
  • Plan, execute and report an extensive individual research project within an agreed time frame
  • Write a well-structured project report, which meets all the usual requirements of an academic work, including:
    • Empirical background
    • Research problem/project objective
    • Relevant theory
    • Research design:
      • Detailed questions/objectives
      • An account of the data collection and data validation methods, data sources
      • An account of the analytical methods used and methods used to validate the findings.
      • An account of the methods used to develop recommendations/solutions to resolve the research problem/achieve the project objective
    • Presentation and validation of data
    • Presentation, validation and discussion of analytical findings
    • Presentation and validation of recommendations/solutions
    • Evaluation of the project; i.e., findings, methods and, if relevant, considerations regarding the limitations and generalizability of the study.
    • specific for internship:  a personal reflection is required, a reflection on: how was it to work alone, full-time in a company, and, if applicable, in a different country with a different culture, language, industrial structure, etc.

Competences

  • Analyze and solve an actual problem of industrial relevance through application of systematic research and development processes, including advanced analytical, experimental, and/or numerical methods and models.
  • Work together with a manufacturing or service organization and identify operations and/or innovation management problems and finally develop data driven and robust solutions using technologies.
  • Operationalize theoretical contributions in a practical setting
  • Compare and critically evaluate the results of the project in relation to existing knowledge and accepted theories within the subject area
  • Consider economic and other consequences of the proposed solutions
  • Communicate a balanced view of the results and conclusions of the project in well-organized written and oral presentation

Type of instruction

The project work is carried out as an independent work process in which the students themselves organize and coordinate their workload in collaboration with a supervisor. The project may be carried out individually or in groups. The project may be finalized with a project report or in the form of a scientific paper with supporting appendices.

Extent and expected workload

Since it is a 30 ECTS course module the expected workload is 900 hours for the student.

Exam

Exams

Name of examIntegrated Solutions - Designing Global Business Systems and Value Chains
Type of exam
Oral exam based on a project
ECTS30
Assessment7-point grading scale
Type of gradingInternal examination

Additional information

Option A

Facts about the module

Danish titleVærdikæder og innovationsledelse
Module codeM-OIM-K3-1
Module typeProject
Duration1 semester
SemesterAutumn
ECTS30
Language of instructionEnglish
Empty-place SchemeYes
Location of the lectureCampus Aalborg
Responsible for the module

Organisation

Study BoardStudy Board of Industry and Global Business Development
FacultyFaculty of Engineering and Science