You can simply build the module by going in this module directory and run the mvn clean install.
However, note that with this method, the dependencies with the others modules will be taken from your local repository (or the entreprise repository).
Let's take a simple example:
project
+ commons
+ business
Now, imagine that you build, on the root directory the whole project, using the mvn clean install command. Consider that all your modules are in version 1.0.
Now, you move to version 1.1. If you run the mvn clean install on the business project only, it will try to get the 1.1 of module commons. You will then have an error, as Maven will not find any version 1.1 in your local repository.