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PPMP20012 Program and Portfolio Management Information

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Added on  2021-04-22

PPMP20012 Program and Portfolio Management Information

   Added on 2021-04-22

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(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 1Week 1 Topic: Explain the relevance of systems thinking to PM.Reading samplesLearning outcomes of the unitLearnings from your weekly study, experience, this and prior unit readings and assignmentsSupporting documentation including any prior learningMandatory ReadingsSEBoK: 'Introduction to SEBoK'SEBoK: 'Introduction to Systems Engineering';SEBoK:Part 7: Systems Engineering Implementation ExamplesKerzner (2013) Chapters 2.1; 2.6 - 2.8; 2.21; AS/NZS 15288:2015 Introduction;Optional ReadingsAS ISO 21504:2016 Project, programme and portfolio management—Guidance on portfolio Systems Engineering has been developed from a variety of practices and activities, such as stakeholder management, representation of system architecture, integration of various disciplines and many more. The concept can be applied to a variety of applications and end-to-end project life cycles. There are primary and secondary users involved in SE that work towards achieving specific goals and objectives. Healthcare is one sector in which SE is being largely applied in. PPMP20012 Unit ProfilePPMP20012 Moodle Web site1 of 4
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(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 1Reading samplesLearning outcomes of the unitLearnings from your weekly study, experience, this and prior unit readings and assignmentsSupporting documentation including any prior learningmanagement;SE and Project Management are closely related with each other. PMBoK and SEBoK have overlappingscopes. SE focusses on the technical project aspects to achieve the project goals and objectives while project management is responsible for the overall project. Maturing in Project Management may determine the project success or failure. Thereare several componentsin Project Management to achieve sustained benefits as defined by Project Management Institute (PMI). Portfolio Management is carried out at the organizational level with organization vision at the top followed by its mission, objectives, strategic planning and management. Systems Thinking are also carried out in parallel. The failures and difficulties in the projects have been found to be a result of lack of Systems Engineering (SE). Systems Engineering Body of Knowledge (SEBoK) describes the content, boundaries, terminology, and structure of SE. There are various resources that are engaged with SEBoK for the drawing up the content of the same. It includes lifecycle planning and management, change analysis, verification and validation, and continuous improvement process. System Thinking provides a mechanism Project visibility and awareness can be improved with the aid of SEBoK and PMBoK. These methodologies and approaches provide the guidelines and 2 of 4
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