PPMP20013 Unit Portfolio for Week 5

This document is the unit portfolio for Week 5 of the PPMP20013 course. It covers the review of key areas and processes of project, program, and portfolio management practices in asset-rich organizations. It also discusses the relevance of tools and techniques for managing projects, presents major processes for project justification, tenders, contracts, and selection criteria, analyzes management strategies and operational activities for safety, quality, variations, and claims, and demonstrates effective teamwork and communication.

(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 5
Week 5: Manage the project requirements and change 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 8,
9, 10;
 QLD Dept.
Transport and
Main Roads. 2017.
Project cost
estimating
manual;
Optional Readings
 AS/NZS ISO/IEC
15288:2015
Systems and
software
engineering;
Case Study
 BMD
Constructions has
a unique capability
and portfolio of
projects
 Brisbane Airport
Corporation’s New
Parallel Runway
1. Review using clear
terminology the
key areas and
processes of
project, program
and portfolio
management
practices as applies
to asset rich
organisations.
There is a difference between the process, portfolio and project management.
The process can be defined as the functions for the implementation of the
actions. On the other hand the portfolio management is concerned about
managing different types of the projects. The projects are concerned about
maintain and managing the different kind of processes for the organization.
For the successful compilation of the project, there is a need for the
management of the resources. The allocation of the resources can be done
through the resource allocation graph.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
Mandatory Readings
 Smith Chapters 8,
9, 10;
2. Discuss the
relevance of tools
and techniques for
The tools and techniques used for the development of the projects are MS
project, project Libre. Apart from allocation of the resources, the work
breakdown structure can also be obtained from these tools. The techniques for
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
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(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 5
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
 QLD Dept.
Transport and
Main Roads. 2017.
Project cost
estimating
manual;
Optional Readings
 AS/NZS ISO/IEC
15288:2015
Systems and
software
engineering;
Case Study
 BMD
Constructions has
a unique capability
and portfolio of
projects
 Brisbane Airport
Corporation’s New
Parallel Runway
investigating and
describing project
process related to
developing new
workings, facilities,
equipment, plant
and processes for
justifying,
designing,
developing, or
maintaining
existing facilities
and equipment
within the context
of their
technological and
asset lifecycle
status.
managing the project in the proper the steps in the life cycle of the project
management is needed to be followed. Apart from that the selection of the right
methodology is needed to be done in a proper way.
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
Mandatory Readings
 Smith Chapters 8,
9, 10;
 QLD Dept.
Transport and
Main Roads. 2017.
Project cost
estimating
manual;
3. Present and
interpret major
processes that are
based on sound
policy, information,
and research that
enable project
justification,
tenders, contracts,
Certain processes are needed to be followed before making the contract or
dealing with the tender for the development of the project. The selection of the
tender company is needed to be done in a proper way. Apart from that the laws
and conditions are needed to be mentioned specifically in the contract paper.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
2 of 5

(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 5
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
Optional Readings
 AS/NZS ISO/IEC
15288:2015
Systems and
software
engineering;
Case Study
 BMD
Constructions has
a unique capability
and portfolio of
projects
 Brisbane Airport
Corporation’s New
Parallel Runway
and selection
criteria to occur in
an asset rich
organisation.
Mandatory Readings
 Smith Chapters 8,
9, 10;
 QLD Dept.
Transport and
Main Roads. 2017.
Project cost
estimating
manual;
Optional Readings
 AS/NZS ISO/IEC
15288:2015
Systems and
software
engineering;
4. Critically analyse
management
strategies and
operational
activities from a
broad perspective
to ensure safety
and quality, to
avoid overruns or
rework, to manage
variations and
claims, and to make
decisions to
discontinue or
close projects.
The operational management regarding the development of the project include
managing of the cost and the resources for the development of the project.
Apart from that it is needed to be seen that the development of the project is
done within time and within the proper budget.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
3 of 5

(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 5
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
 BMD
Constructions has
a unique capability
and portfolio of
projects
 Brisbane Airport
Corporation’s New
Parallel Runway
Mandatory Readings
 Smith Chapters 8,
9, 10;
 QLD Dept.
Transport and
Main Roads. 2017.
Project cost
estimating
manual;
Optional Readings
 AS/NZS ISO/IEC
15288:2015
Systems and
software
engineering;
Case Study
 BMD
Constructions has
a unique capability
and portfolio of
projects
 Brisbane Airport
5. Demonstrate an
effective,
professional level
of teamwork and
communication and
support
collaborative peer
group learning.
The communication between the team leaders and the team members of the
project is important as it helps to mitigate the scope creep in the project. The
flow of proper communication will help to mitigate the problems in the project.
Apart from that the better understanding of the requirements can be achieved
through maintaining the flow of communication among the stakeholders.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
4 of 5

(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 5
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
Corporation’s New
Parallel Runway
References
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Nicholas, J. M., & Steyn, H. (2017). Project management for engineering, business and technology. Routledge.
Sánchez, M. A. (2015). Integrating sustainability issues into project management. Journal of Cleaner Production, 96, 319-330.
Serra, C. E. M., & Kunc, M. (2015). Benefits realisation management and its influence on project success and on the execution of business
strategies. International Journal of Project Management, 33(1), 53-66.
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