PPMP20013 Project Management for Operators of Large Assets
(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 4
Week 4: Define and apply estimating processes and concepts to the project.
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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 |
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Mandatory Readings · Smith Chapters 7; · AS 4915-2002 Project management - General conditions;
Optional Readings · Engineering & Construction Risk Institute;
Case Study · BMD Constructions Awarded Civil Contract for the Reclamation Phase of the New Parallel Runway at Brisbane Airport · Jan De Nul Group: New parallel runway for Brisbane Airport · Hall Contracting: New Parallel Runway Project · Jacobs Awarded Contracts through Brisbane Airport Airside · Airbiz: Aircraft noise projections |
1. Review using clear terminology the key areas and processes of project, program and portfolio management practices as applies to asset rich organisations. |
The objective of this week’s topic is to explore and explain estimating processes and concepts to the project; · N.J. Smith Chapter 7 will most likely be a substantial part of the way that you’ll explore the estimating process. I think this chapter is particularly good and very relevant to the owners of large assets. · You may also find that the volume of Edwards, Hermanson, and Ivancevich book on accounting has some additional insights that are worth reflecting on! · AS 4915 is another standard for a contract. This time it’s about the provision of project management. You might like to compare some of its clauses with the other forms of contract you can find on the SAI web site. In week 7 there is an optional reading for AS 4902-2000 General conditions of contract for design and construct. · The optional readings from the Engineering & Construction Risk Institute also have summaries of contract issues worth considering. Obviously when negotiating a contract the accuracy of the estimates becomes critical. · In this last respect you might like to reflect on the links concerning the participants in the Brisbane Airport New Parallel Runway. What kinds of estimates and contracts might be put together for these participants?
In this portfolio please reflect on the readings (1st column) and the learning outcome (2nd column). Ask yourself in what way does the readings provide insights into the learning outcome? Maybe they don’t! What are your thoughts?
Are there other insights that you can make from other units that you have studied? Or your work and life experience? |
PPMP20013 Unit Profile PPMP20013 Moodle Web site Have you any insights you can add from other units you have studies or readings you’ve made?
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Mandatory Readings · Smith Chapters 7; · AS 4915-2002 Project management - General conditions;
Optional Readings · Engineering & Construction Risk Institute;
Case Study · BMD Constructions Awarded Civil Contract for the Reclamation Phase of the New Parallel Runway at Brisbane Airport · Jan De Nul Group: New parallel runway for Brisbane Airport · Hall Contracting: New Parallel Runway Project · Jacobs Awarded Contracts through Brisbane Airport Airside · Airbiz: Aircraft noise projections |
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. |
The objective of this week’s topic is to explore and explain estimating processes and concepts to the project; · N.J. Smith Chapter 7 will most likely be a substantial part of the way that you’ll explore the estimating process. I think this chapter is particularly good and very relevant to the owners of large assets. · You may also find that the volume of Edwards, Hermanson, and Ivancevich book on accounting has some additional insights that are worth reflecting on! · AS 4915 is another standard for a contract. This time it’s about the provision of project management. You might like to compare some of its clauses with the other forms of contract you can find on the SAI web site. In week 7 there is an optional reading for AS 4902-2000 General conditions of contract for design and construct. · The optional readings from the Engineering & Construction Risk Institute also have summaries of contract issues worth considering. Obviously when negotiating a contract the accuracy of the estimates becomes critical. · In this last respect you might like to reflect on the links concerning the participants in the Brisbane Airport New Parallel Runway. What kinds of estimates and contracts might be put together for these participants?
In this portfolio please reflect on the readings (1st column) and the learning outcome (2nd column). Ask yourself in what way does the readings provide insights into the learning outcome? Maybe they don’t! What are your thoughts?
Are there other insights that you can make from other units that you have studied? Or your work and life experience? |
PPMP20013 Unit Profile PPMP20013 Moodle Web site Have you any insights you can add from other units you have studies or readings you’ve made?
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Mandatory Readings · Smith Chapters 7; · AS 4915-2002 Project management - General conditions;
Optional Readings · Engineering & Construction Risk Institute;
Case Study · BMD Constructions Awarded Civil Contract for the Reclamation Phase of the New Parallel Runway at Brisbane Airport · Jan De Nul Group: New parallel runway for Brisbane Airport · Hall Contracting: New Parallel Runway Project · Jacobs Awarded Contracts through Brisbane Airport Airside · Airbiz: Aircraft noise projections |
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. |
The objective of this week’s topic is to explore and explain estimating processes and concepts to the project; · N.J. Smith Chapter 7 will most likely be a substantial part of the way that you’ll explore the estimating process. I think this chapter is particularly good and very relevant to the owners of large assets. · You may also find that the volume of Edwards, Hermanson, and Ivancevich book on accounting has some additional insights that are worth reflecting on! · AS 4915 is another standard for a contract. This time it’s about the provision of project management. You might like to compare some of its clauses with the other forms of contract you can find on the SAI web site. In week 7 there is an optional reading for AS 4902-2000 General conditions of contract for design and construct. · The optional readings from the Engineering & Construction Risk Institute also have summaries of contract issues worth considering. Obviously when negotiating a contract the accuracy of the estimates becomes critical. · In this last respect you might like to reflect on the links concerning the participants in the Brisbane Airport New Parallel Runway. What kinds of estimates and contracts might be put together for these participants?
In this portfolio please reflect on the readings (1st column) and the learning outcome (2nd column). Ask yourself in what way does the readings provide insights into the learning outcome? Maybe they don’t! What are your thoughts?
Are there other insights that you can make from other units that you have studied? Or your work and life experience? |
PPMP20013 Unit Profile PPMP20013 Moodle Web site Have you any insights you can add from other units you have studies or readings you’ve made?
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Mandatory Readings · Smith Chapters 7; · AS 4915-2002 Project management - General conditions;
Optional Readings · Engineering & Construction Risk Institute;
Case Study · BMD Constructions Awarded Civil Contract for the Reclamation Phase of the New Parallel Runway at Brisbane Airport · Jan De Nul Group: New parallel runway for Brisbane Airport · Hall Contracting: New Parallel Runway Project · Jacobs Awarded Contracts through Brisbane Airport Airside · Airbiz: Aircraft noise projections |
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. |
The objective of this week’s topic is to explore and explain estimating processes and concepts to the project; · N.J. Smith Chapter 7 will most likely be a substantial part of the way that you’ll explore the estimating process. I think this chapter is particularly good and very relevant to the owners of large assets. · You may also find that the volume of Edwards, Hermanson, and Ivancevich book on accounting has some additional insights that are worth reflecting on! · AS 4915 is another standard for a contract. This time it’s about the provision of project management. You might like to compare some of its clauses with the other forms of contract you can find on the SAI web site. In week 7 there is an optional reading for AS 4902-2000 General conditions of contract for design and construct. · The optional readings from the Engineering & Construction Risk Institute also have summaries of contract issues worth considering. Obviously when negotiating a contract the accuracy of the estimates becomes critical. · In this last respect you might like to reflect on the links concerning the participants in the Brisbane Airport New Parallel Runway. What kinds of estimates and contracts might be put together for these participants?
In this portfolio please reflect on the readings (1st column) and the learning outcome (2nd column). Ask yourself in what way does the readings provide insights into the learning outcome? Maybe they don’t! What are your thoughts?
Are there other insights that you can make from other units that you have studied? Or your work and life experience? |
PPMP20013 Unit Profile PPMP20013 Moodle Web site Have you any insights you can add from other units you have studies or readings you’ve made?
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· Smith Chapters 7; · AS 4915-2002 Project management - General conditions;
Optional Readings · Engineering & Construction Risk Institute;
Case Study · BMD Constructions Awarded Civil Contract for the Reclamation Phase of the New Parallel Runway at Brisbane Airport · Jan De Nul Group: New parallel runway for Brisbane Airport · Hall Contracting: New Parallel Runway Project · Jacobs Awarded Contracts through Brisbane Airport Airside · Airbiz: Aircraft noise projections |
5. Demonstrate an effective, professional level of teamwork and communication and support collaborative peer group learning. |
The objective of this week’s topic is to explore and explain estimating processes and concepts to the project; · N.J. Smith Chapter 7 will most likely be a substantial part of the way that you’ll explore the estimating process. I think this chapter is particularly good and very relevant to the owners of large assets. · You may also find that the volume of Edwards, Hermanson, and Ivancevich book on accounting has some additional insights that are worth reflecting on! · AS 4915 is another standard for a contract. This time it’s about the provision of project management. You might like to compare some of its clauses with the other forms of contract you can find on the SAI web site. In week 7 there is an optional reading for AS 4902-2000 General conditions of contract for design and construct. · The optional readings from the Engineering & Construction Risk Institute also have summaries of contract issues worth considering. Obviously when negotiating a contract the accuracy of the estimates becomes critical. · In this last respect you might like to reflect on the links concerning the participants in the Brisbane Airport New Parallel Runway. What kinds of estimates and contracts might be put together for these participants?
In this portfolio please reflect on the readings (1st column) and the learning outcome (2nd column). Ask yourself in what way does the readings provide insights into the learning outcome? Maybe they don’t! What are your thoughts?
|
PPMP20013 Unit Profile PPMP20013 Moodle Web site Have you any insights you can add from other units you have studies or readings you’ve made?
|
References
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