Project Justification and Contract Processes

(
Insert Student Name) / (
Insert Student Number) - PPMP20013Unit Portfolio for Week 2
Week 2: Explore and explain the project justification and contract processes.
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
 Smith Chapters 3,
4&5;
Case Study
 Brisbane Airport's
New Parallel
Runway – Climate
Change;
 BNE Airports
EIS/MDP -
Approvals.
1. Review key areas
and processes of
project, program
and portfolio
management
practices as applies
to asset rich
organisations.
The objective of this week’s topic is to explore the project justification and
contract processes.
The purpose of Brisbane Airport's New Parallel Runway is to install supporting
aviation infrastructure to enable the operations of Brisbane runway. The
contract processes in the project is considered interaction between the vendors
and purchaser to make sure that the parties can meet with obligations in the
procurement relationship.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Mandatory Readings
 Smith Chapters 3,
4&5;
Optional Readings
 Australia National
Audit Office
Developing and
Managing
Contracts - Getting
the right outcome,
achieving value for
money;
 HB 140-2000
Administration
manual for AS
4000-1997
2. Discuss the
relevance of tools
and techniques for
investigating and
describing project
process
PERT planning: It is used to identify specific project activities and project
milestones to identify start and end time of the project activities. It is used to
determine sequence of the project activities and need analysis to determine the
project performance. Weeks are used for project completion but there is
utilization of consistent unit of project time.
Gantt chart: The benefit of this chart is to understand visual display of the
project scheduled time for the project activities. It enables the project control by
promoting a proper communication. It shows actual project progress against the
planned project schedule.
Waterfall technique: It is the project management technique which is used in
construction of the runway for the airport. It is focused to make a solid plan as
well as effective execution of project work. The project requirements are being
defined at starting of the project so that it can require proper project planning.
Lecture slide of week 2
and books
1 of 4

(
Insert Student Name) / (
Insert Student Number) - PPMP20013Unit Portfolio for Week 2
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
Case Study
 Brisbane Airport's
New Parallel
Runway – Climate
Change;
 BNE Airports
EIS/MDP -
Approvals.
Optional Readings
 Australia National
Audit Office
Developing and
Managing
Contracts - Getting
the right outcome,
achieving value for
money;
 QLD Government
Procurement
Transformation;
Case Study
 Brisbane Airport's
New Parallel
Runway – Climate
Change;
 BNE Airports
EIS/MDP -
Approvals.
3. Perform a cost
benefit analysis
In this engineering and construction project work, the main factor is the cost
which is required to take into account. Cost benefit analysis is taken into
account for the project factors which can provide an influence on benefits of the
cost for the project plan.
The cost benefit analysis is applied to the project with similar size along with
patters of the cash flow. It is higher cost benefit ratio to prefer. The net benefit
ratio is greater as compared to favoured project.
Each of the project work is designed at minimum cost to allow fulfilment related
to the project objectives to build new runway which was parallel to Brisbane
Airport’s existing main runway in low lying coastal area. There are economical
benefits of $5 billion a year by 2035.
Lecture slide of week 2
and books
4. Quality
management in the
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