FAST FACTS: M.S. Project Management
* Tuition rates are for the 2016-17 academic year. Additional fees and costs for course materials may apply. Total program cost and completion time varies depending on transfer credits and individual program plans. Tuition rates are subject to change.
As anyone with experience in the business world can attest, many projects take longer than planned, come in over budget, and deliver fewer benefits than promised. Researchers estimate that as many as 70 percent of projects fail in some critical way. Why is the project failure rate so high? Of course, there are many answers to this question, but one major difference between successful projects and those that fail is the presence of a skilled project manager.
A master's degree in Project Management offers a deeper, richer curriculum than other project managment certificates available. Our program also focuses on the knowledge and skills required to be an effective leader with an emphasis in leading global and distributed teams. A major component of a project manager's role in any industry is to provide guidance and leadership for a given project. In an increasingly global work environment, an international perspective and an understanding of how to handle distributed teams are critical skills.
St. Scholastica's online Master of Science in Project Management program builds on our leadership and experience in leadership, change management and technology. The successful track record of graduates from our MBA, M.A. in Management and IT Leadership programs positions us well to offer a project management degree that emphasizes ethical decision making, social responsibility, global awareness and professional excellence.
These days, project managers aren't just executing strategy, they are helping to determine business priorities. In fact, recent Project Management Institute (PMI) research shows the ability to manage projects is only one-third of the ideal skill set — coined the "Talent Triangle" — which includes technical ability, leadership, and strategic/business management expertise. In our coursework, we equip students for executive level decision-making by developing skills outside the traditional core.
The College of St. Scholastica is approved as a Registered Education Provider (R.E.P.) by the Project Management Institute (PMI). This means that most courses are worth 36 professional development units (PDU's) to meet the continuing education requirements needed by PMP certificate holders.
PMI, the PMI Registered Education Provider logo, and PMP are registered marks of the Project Management Institute, Inc.
Project Managers have opportunities across a variety of industries including construction management, computer and information systems management, engineering management or a number of other management roles. The master's in project management is designed to build on your current professional experience, providing you with the organizational, technical, and leadership skills necessary to bring large projects to completion.
"There are other online colleges, but St. Scholastica is so friendly to work with. It's really economically priced, the faculty are great and you get a top-quality education. It was a really good fit for me, since I was still working and supporting my family."
– Todd Foster
"The master's degree in Project Management at St. Scholastica provides the skills and knowledge needed for persons interested in firmly establishing and advancing their careers in project management. This program is unique in that it is designed with a strong focus on the art of project management (leadership, communications, relationship management) while developing skills in the science of project management (scheduling, budgeting, reporting). This balance is extremely important. Most project managers have skills related to the science, but the best and most successful have a firm grasp on the art. This program provides that balance."
– Kent Lacy, EdD, PMP - Project Management Manager, Wells Fargo