Computers & Chemical Engineering

(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 1
Week 1 Topic: Explain the relevance of systems thinking to PM.
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
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part 7:
Systems
Engineering
Implementation
Examples
 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—
10. Discuss
contemporary
developments
in the use of
project,
program and
portfolio
(PPPM)
application
systems.
Technology is the perfect tool for development on which the software
industry stands. All program, portfolio or project application system
needs it as they are working towards planning, executing, controlling
activities of a project in the organization and hence constantly need to
improve and upgrade their technology, developing latest PPMP
applications.
One of the best developments in the PPMP application system is
the Lean development methodology. The main purpose of this model is
upgrading the organizational systems at the lowest possible resources
and money. Thus, with its help, the organization can reduce its budget
and still deliver products efficiently.
Another development in the PPMP application system is the
Future driven development whose main aim was to support the teams
working towards a project and handling complex situations which may
occur in a project. It helps in the growth and development of the
company and improvement of their systems.
Management of project, program and portfolio is a major part of
recently developing business management. This is because it focuses on
the control, management, integration and prioritizing of projects in
recent organizations where they work with multiple project at the same
time. This is especially beneficial for developing new PPMP systems.
The scrum development or more popularly known as the
effective agile development approach is also another PPMP system
development which helps in other developments in software and
technical industries like the IT companies. Although it is not very
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Mencarelli, L., Chen, Q.,
Pagot, A. and
Grossmann, I.E., 2020. A
review on superstructure
optimization approaches
in process system
engineering. Computers
& Chemical Engineering,
p.106808.
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(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 1
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
Guidance on
portfolio
management;
effective in the large scale programs or project companies, still its
benefits are many. Agile development is best for the companies where
the project and budget requirements and other necessities change
regularly. Effective agile development helps in improving the control
methodologies, business requirement documentation and the decision
making systems. All of these helps in overall growth of the company.
Hence, it is sometimes considered the most important of the
contemporary developments. This is because it offers the entirety of
agile and scrum training, from agile assessments and coaching to agile
facilitation which would benefit any company to be more effective and
improve their PPMP systems.
References
Mencarelli, L., Chen, Q., Pagot, A. and Grossmann, I.E., 2020. A review on superstructure optimization approaches in process system
engineering. Computers & Chemical Engineering, p.106808.
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