Applying Project Management Standards and Frameworks - Week 9 Portfolio for PPMP20011

(Insert Student Name) / (Insert Student Number) - PPMP20011Unit Portfolio for Week 9
Weekly Portfolio Learning Table week 9
Description of
topics including
reading samples
Learning
outcomes of the
unit
Learnings from your experience, this and prior unit
reading, assignments
Supporting
documentation
including your
prior learning
Week 9 Topic:
Applying Project
Management
Standards and
Frameworks.
Collaborative Project
Procurement
Arrangements
(2015) by Derek H. T.
Walker and Beverly
M. Lloyd Walker;
3. Differentiate
methods of project
negotiation, conflict
management, and
stakeholder
engagement across
projects consisting of
differing technology
standards and asset
lifecycles.
Project manager play a significant role in commercial negotiation. The process of
project negotiation should follow a particular project management standard and
framework.
Project management framework as described by PMBOK is a basic structure of
understanding the process of project management. The project managers of the
project can choose from several frameworks that work for the projects with
business. The project management framework can mainly be considered as a
combination of the processes, tasks, tools that can be used to properly
implement a project from start to finish. The generic project management
framework mainly divides a project in different phases such as project initiation,
planning, execution, control, monitoring and termination. This helps in easier
implementation of the project. The project management standards and impact
helps in commercial negotiation process. Therefore it can be said that project
management standards and framework has a positive impact in the project.
PPMP20011Unit Profile
PPMP20011 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
Are any of the
activities above
relevant to your
reflections for the
learning outcomes
on the right?
4. Explain and apply
methods of
identifying and
reconciling
inconsistent and
conflicting objectives
and drivers that
develop, maintain,
mange relationships
and communication
Project Management maturity has a great impact in commercial negotiation. A
low project management maturity in the organization often leads to problems
with requirements and scope identification thus affecting the process of project
negotiation. Low project management maturity further impacts the ability of
tender documentation. An improper negotiation process leaves the supplier
organization in a tenuous place in a negotiation contract. In this case, a
negotiation may not be successful.
I have never come across a PraXitioner in a commercial project negotiation
situation. The outcomes can be impacted by the need for probity and
governance in government commercial negotiation situation.
The process of commercial project negotiation is important in the project as it is
Lecture slides and
tutorial
1 of 3