consolidated portfolios

Reading samples

Learning outcomes of the unit

Learnings from your weekly study, experience, this and prior unit readings and assignments

Supporting documentation including any prior learning

Mandatory Readings

· Part 1: SEBoK Introduction - 'Introduction to SE Transformation';

· Part 1: SEBoK Introduction - 'SEBoK Users and Uses';

· Part 6: Related Disciplines - 'Knowledge Area: Systems Engineering and Project Management'

· Kerzner (2013) Chapters 2.1; 2.6 - 2.8; 2.21;

· AS/NZS 15288:2015 Introduction;

Optional Readings

· AS ISO 21504:2016 Project, programme and portfolio management—Guidance on portfolio management;

Case Study

Chief Counsel's Report - Chapter 5 (PDF 700KB);

Propose appropriate project, program and portfolio (PPPM) application systems to support successful project, program and portfolio execution in different industry domains.

The enterprises usually apply different techniques in managing the project, the program and the portfolio. It helps them in managing the costs involved in the project. It is also possible to collaborate in order to determine the different risks that are involved in the system. From the PPPM application, the organization can work on completing the project within the allocated budget and well before the scheduled time. PPPM is used in a range of applications across the world. ASANA, Smartsheet, Clarizen and Monday.com are some examples of PPPM applications which can help in the completion of the projects.

In order to collaborate and communicate with the system effectively, Asana is used. It can help in assigning different tasks to different members of the team. From this, the manager can easily keep track of the work that every member. The online collaboration tool helps in effectively helping the manager to make sure that all the project activities take place systematically. It is commonly seen as an innovative activity that includes file division and also automated competences for workflow.

Monday.com is a communication application that helps in PPPM where the system synchronizes the information to the members of the team and it helps them in making decisions together while also factoring in the other important parameters. Clarizen is another famous application used in the project in real-time, in program and portfolio management. It is involved in ensuring that project management is related to social engagement. It helps in adopting the system to the project so that it can be deployed. There are several activities that are associated with the application system and help in bringing the project to the system and ensure that all the processes in the system take place systematically and make sure that the project management process is smooth and efficient.

Roger S. Pressman (2016)