PPMP20011 Procurement Management and Contract

(Insert Student Name) / (Insert Student Number) - PPMP20011Unit Portfolio for Week 9
Weekly Portfolio Learning Table
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;
Overseeing mix:
Projects have a
wide range of
exercises going
on and there is a
need to keep the
"entire" thing
moving all in all
for co-ordination.
Overseeing
degree: Projects
need a
characterized
parameter or
extension, and
this must be
separated and
overseen through
a work
breakdown
structure.
Overseeing
time/plan:
Projects have a
positive start and
The objective of this week’s topic is to make sure you have an
appreciation of the Role of the Project Manager in Commercial
Negotiation.
Try to ask yourself the questions that were in the slides in the
8thweek’s lecture: -
1. What are Project Management Standards and
Frameworks?
o Start: when the task begins
o Arranging: when the greater part of the key
choices are made
o Execution: when venture work really happens
o Control: when alterations are made to the
arrangement
o Observing: when venture advance is checked
o End: when the task reaches an end
2. In what way would Project Management Standards and
Frameworks impact on Commercial Negotiation?
They help to describe and analyse the different negotiation skills
required for the commercials.
3. How would the impact on Commercial Negotiation be
influenced by Project Management Maturity?
Yes, it will be identifying the project scope and definitions
required for the commercial negotiation.
Walker & Walker (2015) discussthe general thrust of this
investigations in Chapter 7 (p 137)what are your thoughts
PPMP20011Unit
Profile
PPMP20011 Moodle
Web site
Have you any
insights you can add
from other units you
have studies or
readings you’ve
made?
1 of 10

(Insert Student Name) / (Insert Student Number) - PPMP20011Unit Portfolio for 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
a clear
consummation
date. In this way,
there is a need to
deal with the
planned time as
per an
undertaking plan.
Overseeing costs:
Projects expend
assets, and
consequently,
there is a need to
deal with the
speculation with
the
acknowledgment
of making
esteem.
Overseeing
quality: Projects
include particular
expectations or
work items.
These
expectations
need to meet
regarding:
4. Do the conclusions in Chapter 7 p 137 seem reasonable
to you?
No, it does not seems reasonable to me.
Walker & Walker (2015) then in Chapter 7talk about a
“PraXitioner” what are your thoughts regarding:
5. Have you come across a PraXitioner?
Yes, I have which has helped me learn more about the project
procurement arrangements.
6. Do you agree with the authors that a PraXitioner is the
way forward?
Yes, I agree with the authors that a practitioner is the way
forward.
7. Has this unit helped you to become a PraXitioner?
Yes, it has but I am still learning.
Continuing the theme of the PraXitioner Walker and Walker look
at Implications for PM Education and Skills;what are your
thoughts regarding:
8. Do you think that there will be a future shortage of good
PraXitioner’s in Commercial Negotiation situations?
Yes, there can be a shortage as world is moving towards the age
where skilful person is needed for every situation and in the
commercial negotiation it will happen too.
9. If so then how do you think they should be trained?
They shall be set of certification, which should planned with six
months or year gap to provide training to the individuals with
the help of workshop and seminars.
10. Would the outcomes be impacted by a need for probity
and governance in Government Commercial Negotiation
situations?
2 of 10

(Insert Student Name) / (Insert Student Number) - PPMP20011Unit Portfolio for 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
extend goals and
execution
benchmarks.
Overseeing HR:
Projects comprise
of groups and
you have to
oversee venture
team(s) amid the
life cycle of the
undertaking.
Overseeing
correspondence:
Projects
constantly touch
loads of
individuals, not
only the end
(clients) who
advantage
straightforwardly
from the venture
results.
Overseeing
hazard: Projects
are a disclosure
driven process,
With best practices for the project should be followed when
outcome is impacted by the need of probity and governance in
government commercial negotiations situations.
In the last part of Chapter 7 is a Summary of the Walker and
Walker book;what are your thoughts regarding:
11. Do you agree with the authors?
Yes, we agree with author.
12. Do you think that RBP is a good framework for
Commercial Project Negotiation?
Yes, it is a good framework as RBP helps in materialising the
project with proper agreement between the two parties for
commercial project negotiation.
In conclusion to this week:
13. Do the ideas in Chapter 7 help in structuring your
thoughts around Commercial Project Negotiation?
Yes, it have helped my thoughts related to commercial project
negotiation.
14. How does this week’s topic relate to the previous weeks
topics?
Yes, it is in terms of government and private commercial project
negotiations.
15. How relevant are the thoughts of Alfredson & Cungu from
the Food and Agriculture Organization of the United
Nations in the context of this chapter? Or are we looking
at completely different ideas?
In the context of this chapter, transaction is a procedure that
can be drawn closer from numerous points of view. Regardless
procedure you pick, achievement lies in how well you arranged.
The way to arranging a helpful result is the arbitrators' capacity
to consider every one of the components of the circumstance
3 of 10