Organizational Project Management and Best Practices - Weekly Portfolio 4

This Weekly Portfolio 4 discusses Organizational Project Management (OPM) and Best Practices in Project Activities. It covers the benefits of OPM, how to tailor project management approaches to fit the project work, and the variables for predicting project success. The portfolio also includes supporting documentation and recommended readings. Course code, course name, and college/university are not mentioned.

Exemplar 20009_ Weekly Portfolio
Weekly Portfolio- 4
Name of the Student:
Name of the University:

Exemplar 20009_ Weekly Portfolio
Weekly Portfolio Learning Table
Topic and reading
samples
Your personal learning outcomes
from this course
Learning’s from your experience Supporting
documentation
including your
prior learning
Lecture slides
Understanding about
organizational PM Organizational PM
(Note: Week 4 Lecture slides covered in
portfolio)
The organizational project management (PM) is termed as systematic management of the
projects and programs align with achieving the strategic goals. Concept of organizational
PM is based on correlation between capabilities of the organization into the project
management, program management and effectiveness to implement of organizational
strategies.
The framework is used to align the project, program and portfolio practices with the
strategies as well as objectives of the organization. It customizes and fits the project
management practices into the organizational contexts, situation and structure.
Lecture slide of
week 4: Project
management
methodologies
(Organizational
PM)
Recommended
readings
Kerzner 2013
Benefits of organizational project
management
The organizational PM enables the organization to achieve and gain of organizational
benefits by getting of greater agility in addition to competitive advantage into the market.
The organization provides of benefits to the organization and makes profit so that the
organizational can gain of business value into the market.
I have observed some of the benefits of organizational PM which gains competitive
advantage into the market such as:
 Effective operations
 Increase into productivity
 Improvement of market competiveness
 Alignment with the strategy and execution
 Effective decision making
 Improvement over the cost control
 Predict the performance of project delivery
 Increasing the level of customer satisfaction
 Improvement over the communication
 Gaining of competitive advantage
Lecture slides of
week 4
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Exemplar 20009_ Weekly Portfolio
Topic and reading
samples
Your personal learning outcomes
from this course
Learning’s from your experience Supporting
documentation
including your
prior learning
Tailoring of the approach for fitting with
the project work
Different project management approaches are tailored to fit with the project. The
organization is required to improve their project success. The current processes of project
management are not defined properly and the project work is plagued by both cost and
schedule overrun. The project management is tailored any time and the process is being
applied to the project.
OPM is a business driven approach to tailor the project management institute. The project
management institute defined OPM as systematic management of the project work. The
project management practices are used to provide good project management work. As for
example, when the client is required application of specific project management practices
for meeting with innovative requirements of environment such as implementation of agile,
review of milestone into schedule. The organization should develop of methodologies for
comply with and fits with the particular client’s environment.
The variables for
success (Kerzner:
Chapter 9)
Prediction of project success
Without predicting the success and failure of a project, it is hard to work into the project
work. I have analyzed that there are six factors based on which we can able to predict and
measure the success of a project such as:
 Schedule
 Scope
 Budget
 Satisfaction of team members
 Customer satisfaction
 Quality of the project work
Topic and reading Your personal learning outcomes Learning’s from your experience Supporting
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Exemplar 20009_ Weekly Portfolio
samples from this course documentation
including your
prior learning
The success of a project o based on
actions of three of the project groups such
as:
 The project manager and its team
 The parent organization
 The customer’s organization
In the early days, the industry is focused on successes where the government is looked at
the project failure for identification of best project management practices.
Kerzner 2013
Best practices in the project activities
Best practices are the wide range of the organizational policies, activities as well as
programmatic approaches for achieving of the positive changes into the academic
behaviors. Best practices are used for maintaining quality work while it is based on self-
assessment as well as benchmarking. Good operating practice is strategic management
term. The best practices which is emerged into the project work are:
 Use of phases of life cycle
 Standardization and consistency
 Use of templates for planning, project scheduling and controlling
 Use of an integrated project team members
 Use of earned value measurement
Some of the organization commits to the report to the senior management which consists of
primary functions that evaluate the potential best practices. The organization is used of
OPM for performing of the project work.
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Exemplar 20009_ Weekly Portfolio
Bibliography
Harold Kerzner, P., 2013. Project Management, A Systems Approach to Planning, Scheduling
and Controlling. Eleventh ed. New Jersey: John Wiley & Sons.
Harrison, F. and Lock, D., 2017. Advanced project management: a structured approach.
Routledge.
Heldman, K., 2018. PMP: project management professional exam study guide. John Wiley &
Sons.
Hornstein, H.A., 2015. The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2), pp.291-
298.
Thompson, S. and Cox, E., 2017. How Coaching is Used and Understood by Project Managers
in Organizations. Project Management Journal, 48(5), pp.64-77.
Turner, R., 2016. Gower handbook of project management. Routledge.
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