ppmp 20013 consolidated portfoilio

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

· Smith Chapters 4, 15&20;

Optional Readings

· Pinto, J. K. & Kharbanda, O. P. (1995);

· Diekmann, J. E. & Girard, M. (1995).

Case Study

· QBCC.

1. Review using clear terminology the key areas and processes of project, program and portfolio management practices as applies to asset rich organisations.

Project, program and portfolio management and its analysis helps in determining how valuable the organization. It is done by estimating the return on investment. Some aspects of the project can take place without any disturbances and interventions from project managers.

Powell, M., & Young, J. (2014).

Mandatory Readings

· Smith Chapters 4, 15 & 20;

Optional Readings

· Pinto, J. K. & Kharbanda, O. P. (1995);

· Diekmann, J. E. & Girard, M. (1995).

Case Study

· QBCC.

2. Discuss the relevance of tools and techniques for investigating and describing project process related to developing new workings, facilities, equipment, plant and processes for justifying, designing, developing, or maintaining existing facilities and equipment within the context of their technological and asset lifecycle status.

There are several technologies that are involved in maintaining an environment that is vigorous and can motivate employees to become better professionals. It is an effective strategy that helps in increasing their productivity to the organization. It is usually an effective methodology that helps in identifying which aspects of the project management have been used richly in organizations.

Mandatory Readings

· Smith Chapters 4, 15 & 20;

Optional Readings

· Pinto, J. K. & Kharbanda, O. P. (1995);

· Diekmann, J. E. & Girard, M. (1995).

Case Study

· QBCC.

3. Present and interpret major processes that are based on sound policy, information, and research that enable project justification, tenders, contracts, and selection criteria to occur in an asset rich organisation.

Solutions are recommended based on the issue and the challenges faced on the business environment in the organization and the costs and benefits incurred are studied in the organization and it helps in their implementation. These are some of the advantages of the system involved in the project justification. Finding out why an organization is implementing a specific project as well as finding the solution to the problem that has occurred during the execution of the project is known as justification of a project.

Müller, R. (2013).

Mandatory Readings

· Smith Chapters 4, 15 & 20;

Optional Readings

· Pinto, J. K. & Kharbanda, O. P. (1995);

· Diekmann, J. E. & Girard, M. (1995).

Case Study

· QBCC.

4. Critically analyse management strategies and operational activities from a broad perspective to ensure safety and quality, to avoid overruns or rework, to manage variations and claims, and to make decisions to discontinue or close projects.

In quality management, there is a strategy called Continuous Quality Management where the focus is to enhance the quality of the resources. Quality is an important parameter that is commonly checked. In smaller organizations, the quality parameter is not held very high due to lack of infrastructure and financial services.

Mandatory Readings

5. Demonstrate an effective, professional level of teamwork and communication and support collaborative peer group learning.

Work should be done in shorter time and higher accuracy. The professional team needs to be effective in solving different issues in the organization. The organization increases its productivity when there are professional teams available. It is an important feature and it mainly supports concepts of continuous learning. These are the important aspects of performing tasks and managing the tasks to ensure high level of quality upon implementation.