Project Management and Industry 4.0

In accordance with the mission and goals of the School of Engineering Management, where the graduate academic study program Project Management and Industry 4.0 is conducted, two main purposes of implementing the aforementioned study program can be distinguished:

1. Education of personnel
2. Development and application of project management methods in business systems.

The specific and most significant purpose of implementing the study program is to create qualified managers for efficient project management in the emerging circumstances of Industry 4.0 within the field of industrial engineering and engineering management. They will be qualified to independently and originally manage large and complex projects, such as development projects, based on engineering principles.

The master academic degree program Project Management and Industry 4.0 has a clearly defined purpose and role within the higher education system. The purpose of the program is to educate highly qualified professionals in project management under conditions of digital transformation and the application of Industry 4.0 concepts and technologies.

The study program integrates knowledge from the fields of project management, engineering management, digital technologies, and business process organization, aiming to enable students to apply modern management methods in complex and dynamic industrial and business systems.

The purpose of the study program is to enable students to acquire highly specialized academic and professional knowledge and to develop competencies for:

• planning, organizing, monitoring, and controlling projects in digitally transformed business and industrial systems;
• applying modern project management methods and tools;
• applying Industry 4.0 concepts, technologies, and principles to improve business and production processes;
• analyzing and solving complex organizational and managerial problems under conditions of digital transformation;
• managing change, resources, risks, and innovation activities in a project environment;
• integrating technical-technological, organizational, and economic aspects of project implementation;
• making data-driven decisions based on data analysis and modern digital tools.

The primary profile of the study program is a project management specialist in Industry 4.0 conditions, equipped with competencies for applying digital technologies and modern managerial methods in digital transformation projects and processes.

The acquired competencies are applicable across various industrial and business systems, particularly in roles involving project coordination and management, digital transformation support, business and production process improvement, and innovation activity management.

The purpose of the study program is socially justified and based on the needs of the modern labor market, which requires the integration of managerial, organizational, engineering, and digital competencies. The program also provides a foundation for further academic and professional development, including continuing education in doctoral academic studies.

The purpose of the study program is aligned with the tasks and goals of the Faculty of Engineering Management, which are focused on developing highly qualified personnel in the field of engineering management, integrating science, technology, and management, fostering scientific research, and connecting the academic community with the economy.

The program is designed in accordance with the requirements of qualification level 7.1A of the National Qualifications Framework of Serbia (NOKS), as it provides the acquisition of highly specialized knowledge, the development of analytical, managerial, and research competencies, and the ability to independently solve complex problems and make decisions in intricate organizational and business systems.

The structure of the study program—comprising mandatory and elective courses, professional internship, study-research work, and the master's thesis—ensures the integration of theoretical knowledge with practical competencies, aligned with the defined purpose of the program and its learning outcomes.

The graduate academic study program Project Management and Industry 4.0 aims to create competent project management experts who possess the knowledge and skills to apply modern project management methods based on new technologies.

They will be qualified to independently, originally, and on engineering principles plan, organize, manage, control, and implement complex development projects under the emerging circumstances of Industry 4.0. By applying a methodology based on relevant scientific knowledge and supported by information and communication technologies, the certainty of a positive outcome will be increased and risks reduced, which will impact resource expenditure and, consequently, enterprise development. This defined objective of the study program is part of fulfilling the mission of the Faculty of Engineering Management.

The expected learning outcomes imply the improvement and deepening of methodological and general-theoretical knowledge acquired during previous education, the acquisition of skills and abilities for the independent management of complex and large-scale projects using information and communication technologies, as well as qualifying students to conceptualize, design, and apply the acquired knowledge based on an understanding of technical and technological processes, alongside economic integrations in the new 4.0 environment. By mastering this study program, students acquire the academic title of Master Engineer in Management (abbreviated as M.Eng.Man.).