Advantages and Disadvantages of Manual and Electronic PM Application Systems

(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 7
Week 7: Compare and contrast the advantages and disadvantages of different manual and electronic PM
application systems within each PM knowledge area over the life cycle of a project.
Reading samples Learning
outcome # 7
Learnings from your weekly study, experience, this and
prior unit readings and assignments
Supporting
documentation
including any
prior learning
Mandatory Readings
 SEBoKPart 4:
Applications of
Systems
Engineering;
 AS/NZS
15288:2015
Annex F & G
Compare and contrast
the advantages and
disadvantages of
different manual and
electronic project,
program and portfolio
(PPPM) application
systems within each
PPPM knowledge area
over the life cycle of a
project, program or
portfolio.
This week’s learning has given an idea of the manual as well as the electronic
project program and portfolio application system.
Program and portfolio management is an integral part of project execution and
project life cycle.
A group of projects and program activities are needed to be managed in a
coordinated way for accurate management of the projects. A portfolio on the
other hand is a collection of project programs and sub-portfolios for achieving
the strategic objective of the project.
This weeks’ learning have helped me to understand the different advantages
and the disadvantages of program and portfolio management. Portfolio
management is important as to gauge the scope of a project.
The portfolios are documented and managed during the execution of a project.
A portfolio generally incorporates a number of elements, which includes tasks
from projects and their status of execution.
There are a number of benefits or advantages of portfolio management which
includes easier involvement and easier risk mitigation. The resource availability
can be easily tracked with active portfolio management.
Program management is an important aspect of project management.
The electronic program and portfolio systems are quite accurate and can be
processed quickly, which is a significant advantage of this type of application
system. The manual application systems are the traditional systems that do not
ensure quick data processing. The manual information system is associated with
certain issues including human errors and slow processing speed of the data
that is stored.
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