PPMP20012 Program And Portfolio Management Information

Reading samples Learning outcomes of the unit Learning’s from your weekly study, experience, this and prior unit readings and assignments Supporting documentation including any prior learning

Mandatory Readings

• SEBoK Part 4: Applications of Systems Engineering;
• AS/NZS 15288:2015 Annex F & G

1.To compare and contrast among the advantages as well as disadvantages of the various manual along with electronic PM application system From week 7, I learned that there are some advantages as well as disadvantages of manual and electronic PM application system over the project life cycle. Throughout the course, I understood the project life cycle and its purpose of the project management into the working organization. Lecture slide of week 7

Binder, J. (2016). Global project management: communication, collaboration and management across borders. Routledge.

2.To analyse the concept of project management in PM application system I learned that the objective of project management is assessed of jobs as well as breaks digestible tasks for accomplishment of setting of goals. The ability of this project is to manage of the project objectives and see from conception towards completion of the skillets which is learned throughout the course experiences.

Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.

3.To analyse the concept of project portfolio management In order to gauge with the project scope, the project manager should set of the time frame and it is required to view the business as whole. Each of the project is prioritized the tasks and the projects can grouped into the programs, that will eventually form the portfolio. Lecture slide of week 7

Mandatory Readings

• SEBoK Part 4: Applications of Systems Engineering;
• AS/NZS 15288:2015 Annex F & G

4.To determine advantages of PM application management system There is some amount of benefits to active the project portfolio management. The advantages of PM application system are:

Inventory: There are various types of programs are going on, and it is critical to analyse what are the availability of resources. Each one should work with earlier stage of the planning.

Involvement: PPM is allowed for involvement across various project verticals. The portfolios are tending to gain of senior management and involve from beginning to ensure for greater level of project success.

Risk: The project is shared for the resources into the portfolio, then it lessens risks for failing of the project.

Optional Readings

• AS ISO 21504:2016
• BP News Wrap-up

5.To determine disadvantages of PM application management system PPM comes to the project benefits, then the company goes for daily operations such as:

Resources: The resources have advantages when program responsibilities are being shared, and then there is downfall of the project portfolio management. When wrong persons are assigned to allocate of resources, then there is disappointed of the management.

Size: The company’s size determines the success for the portfolio project management. When the business is smaller and minimal, then it is required to waste the labour and cost organized.   Lecture slide of week 7

Mandatory Readings

• SEBoK Part 4: Applications of Systems Engineering; 6.To determine the project management software The project management software can collaborate with the project team members in real time. The project management software is offered of communicational tools which assist the team to discuss issues in real time.

Mandatory Readings

• SEBoK Part 4: Applications of Systems Engineering; 7.To analyse of document sharing The project is required to use of significant documentation and sharing of documents which allows the individuals to update and deal with the issues that they are raised.

Mandatory Readings

• SEBoK Part 4: Applications of Systems Engineering;
• AS/NZS 15288:2015 Annex F & G

8.To determine the phases of project life cycle Into the project lifecycle, there are five phases such as:

• Project initiation
• Project planning
• Project execution
• Project monitoring and controlling
• Project closure

Binder, J. (2016). Global project management: communication, collaboration and management across borders. Routledge.

9.To analyse the project life cycle The project life cycle is referred to four step of the process which is followed by the project managers when moved throughout the stages of the completion of project. The project life cycle is provided of framework to manage the project type with the business. The project lifecycle is a standard process which is used to achieve of success into the project. Lecture slide of week 7

Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.

10.To analyse the project planning into project life cycle The project planning is determined as approach towards defining how the project is to be done. There are two types of planning such as strategic and implementation planning.

References

Binder, J. (2016). Global project management: communication, collaboration and management across borders. Routledge.

Duffield, S., & Whitty, S. J. (2015). Developing a systemic lessons learned knowledge model for organisational learning through projects. International journal of project management, 33(2), 311-324.

Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.

Zaman, A. U. (2015). A comprehensive review of the development of zero waste management: lessons learned and guidelines. Journal of Cleaner Production, 91, 12-25.