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Importance of Appropriate Selection of Project Management (PM)

   

Added on  2021-04-24

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(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 5Week 5: Explain the importance of appropriate selection of Project Management (PM) application systems inregards to project realisation.Reading samplesLearning outcomes of the unitLearnings from your weekly study, experience, this and prior unit readings and assignmentsSupporting documentation including any prior learningMandatory ReadingsSEBoK Part 3: Systems Engineering and Management: Knowledge Area: Introduction to Life Cycle Processes; Part 3: Systems Engineering and Management: Knowledge Area: Life Cycle Models; Part 3: Systems Engineering and Management: Knowledge Area: Concept Definition; Part 3: Systems Engineering and Management: Knowledge Area: Systems Definition; Part 6: Related 1.Explain the relevance of systems thinking to the project, program and portfolio manager.The objective of this week’s topic is to look at some applications systems and reflect upon their use in project management. So, some of the questions that might immediately spring to your mind are:What are application systems? To answer this question you might like to go back to the PMBOK and look up PMIS (Project Management Information Systems). A PMIS is an essential component for Project Management decision making. However, it’s fairly obvious that information is the raw material of decision making and without information then making decisions is guesswork! The big computer software vendors SAP, Oracle, IBM, Microsoft, and others know this very well and promote the message that their systems are superb at allowing quick and powerful decisions to be made! But do you think their claims are true?A Project Management Information System is required for the successful execution of a project as it aids in collecting and utilizing information related to the projects. These systems help the project managers to perform better decision-making by proving them with the huge pool of information along with analysed reports of the information. Information necessary for different projects is massive and therefore the project managers will face information overload if they attempt at analysing the huge amount of information by themselves. This information must therefore by analysed by a computer as it will not only aid in fast and effective data analysis. The scope of many projects is set on a limited deadline and the client is not always eager to extend the deadline even if the project team is facing some genuine technical issues. Therefore, as time is of essence on the projects thus It is better to use the information system rather than lag at making decisions. Information is always necessary in any Snyder, C. S. (2014). A guide to the project management body of knowledge: PMBOK (®) guide. Project Management Institute: Newtown Square, PA, USA.1 of 3

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