consolidated portfolio

Topic and reading samples.

Your personal learning outcomes from this unit.

Learnings from your experience.

Supporting documentation including your prior learnings.

Classification of Projects

The classification of projects varies from various types of industry/project as per the various factors related to it some of them are

· Conflict Intensity

· Cost Control Level

· Time Management

· Importance of the organizational structure

If there is a development in an Aerospace Industry then all the factors must be considered actively and should make the agreements in paper work module.

After getting a decent part time job, I learned that to complete the job on time my supervisor told me to look and how the things are organized and make sure to organize the work according to Time Management.

After that I started to learn and started to set the things in proper way and finish my job on time.

Kerzner, H.R., 2013. Project Management A Systems Approach to Planning, Scheduling, and Controlling 11th ed., Hoboken: Wiley

Phases in Project- Oriented Businesses

To make a successful contract in the project oriented businesses have to follow the phases.

The phases are

1. New Business Opportunity Identification

2. Prelim Bid Decision

3. Developing the new Opportunity

4. Bid Decision

5. RFP

6. Develop Proposal & Pricing

7. Negotiate Contract

Which should be tracked for actions they are

· Bid decision

· Resources Commitment

· Technical readiness

· Effective computer Liaison

Kerzner, H.R., 2013. Project Management A Systems Approach to Planning, Scheduling, and Controlling 11th ed., Hoboken: Wiley

Topic and reading samples.

Your personal learning outcomes from this unit.

Learnings from your experience.

Supporting documentation including your prior learnings.

Project Governance

It is a framework which is controlled for only one project.

There are various types of Project Governance in terms of Structure they are

· Colocated – A single person act as a sponsor

· Projectized – This Project Governance is based upon the size of the project and the number of partners

· Geographically dispersion – This type of project governance can include stakeholder membership

· Locally dispersion – A single person act as a sponsor but the internal committee based upon project complexity

In my final year graduation, me and my friend had to submit the Project on the topic of Online commerce system which was successfully accomplished

In starting stage, we were ambiguous as would should take responsibilities regarding the research, hard copies of sample projects and overview. After two days of project imitation we decided to make a proper planning as who are expert in various task and prepare the report on each task related to it so it will reduce the confusion about the project and lead to the perfect grades.

Kerzner, H.R., 2013. Project Management A Systems Approach to Planning, Scheduling, and Controlling 11th ed., Hoboken: Wiley

Total Project Planning

An overall project with type of project manager is described in term of Planning. As it includes

· Schedule development

· Budget development

· Project administration

· Leadership Styles

· Conflict management

When the project manager receives the agreement, the results will lead with some of the following role regarding

· Rights in resolve conflicting

· Focal position

· Establishment of project plans

· Control over allocation and expenditure of funds

Kerzner, H.R., 2013. Project Management A Systems Approach to Planning, Scheduling, and Controlling 11th ed., Hoboken: Wiley

Topic and reading samples.

Your personal learning outcomes from this unit.

Learnings from your experience.

Supporting documentation including your prior learnings.

Participant Roles

In an organization, a good planning may require many changes as the different managers will require defining the project furthermore in detail.

For Project Manager

· Requirements

· Operating Procedures

· Administrative Policy

· Major Milestones

· Goals and Objectives

For Line Managers

· Risk, conflict and uncertainty Identification

· Brief description for implantation of requirements milestones

· Full description of schedule and manpower allocations to support budget and schedule

For Senior Management/Project Sponsor

· To mention the critical issues clarification

· Make communication link with customer’s senior management

During my teenage I used to thought that whatever you think it will get done by itself and you will never face any regrets as you have thought about it. Few years after I got a lesson myself that whichever thing or goal I want to achieve you have to be work for it and make sure that each phase have to crossed so that it will be success and you can consider that you achieved it with honestly.

Kerzner, H.R., 2013. Project Management A Systems Approach to Planning, Scheduling, and Controlling 11th ed., Hoboken: Wiley

Life Cycle Phases

Life cycle phase is to provide a methodology for consistency in a specific phase of the project.

After the completion of each phase, the organization makes a checklist for the reliability.

The life cycle phases are provided benefits to control each of it in singularly.

After each phase,, the organization sets a meeting to eliminate the problem as the mangers should avoid fund for specific phase rather than asking funds for entire project.

In each meeting the organization takes the decision with following actions

· To proceed with next phase with approved fundings

· To proceed the next phase either from starting stage or from modified set of objectives

· Termination of the project

· Approval for more days based on a requirement of additional information.

Kerzner, H.R., 2013. Project Management A Systems Approach to Planning, Scheduling, and Controlling 11th ed., Hoboken: Wiley

Topic and reading samples.

Your personal learning outcomes from this unit.

Learnings from your experience.

Supporting documentation including your prior learnings.

Decomposition of Work Breakdown Structure (WBS)

Basically, the Work Breakdown Structure (WBS) will not be prior to break the task/activity at level 4 to 6, because

· The dependency between the tasks will lead to the difficultness for the network to be constructed during the low levels.

· Classifying the WBS in small packages can offer inaccurate cost control if line manager cannot determine the costs at the specific level

· The decomposition of WBS can increase the management, control and reporting cost of small packages.

For my bachelor degree admission I found that the process of getting the confirmation is in a process in a way as various aspects which are taken in consideration and make the confirmation in legal standard.

As it was long process and learn a new lesson it would be great for the students who has done great efforts and hard work to get an admission in a top notch institute.

Kerzner, H.R., 2013. Project Management A Systems Approach to Planning, Scheduling, and Controlling 11th ed., Hoboken: Wiley

Project Charter

A Project Charter is defined as agreement between the project charter and the company in legal conduct.

The Project Charter consist brief document consisting of

· The Scope Baseline Statement

· The Management Plan

Configuration Management

The configuration Management or Configuration Change Control is control technique for a formal review and approval of configuration changes. It provides

· Focal points who want make changes

· Appropriate levels of review and approval of changes

Kerzner, H.R., 2013. Project Management A Systems Approach to Planning, Scheduling, and Controlling 11th ed., Hoboken: Wiley