Portfolio Manager

The Portfolio Manager from Desklib covers project management, operational management, teamwork, and communication. It provides insights on tools and techniques for investigating and describing project processes. The course covers topics such as sound policy, information, and research that enable project justification, tenders, contractors, and selection in an asset-rich organization. It also covers critical analysis management strategies and operational activities from a broad perspective to ensure safety and quality and avoid overruns or rework, to manage variations and claims and make decisions to discontinue or close projects. The course is suitable for students pursuing courses in project management, operational management, and related fields.

Running Head: PORTFOLIO MANAGER
Portfolio Manager
Name of the Student
Name of the University
Author Note

1PORTFOLIO MANAGER
Table of Contents
1. Introduction and Summary of Outcomes.................................................................................3
2. Learning outcome 1:.................................................................................................................3
Summary:.....................................................................................................................................4
Evidence:.....................................................................................................................................4
3. Learning Outcome 2:................................................................................................................4
Summary:.....................................................................................................................................5
Evidence:.....................................................................................................................................5
4. Learning Outcome 3:................................................................................................................6
Summary:.....................................................................................................................................6
Evidence......................................................................................................................................6
5. Learning Outcome 4:................................................................................................................7
Summary:.....................................................................................................................................7
Evidence:.....................................................................................................................................8
6. Learning Outcome 5:................................................................................................................8
Summary:.....................................................................................................................................8
Events:.........................................................................................................................................9
7. Reference:.................................................................................................................................9
8. Appendix................................................................................................................................11
8.1 week 1..................................................................................................................................11

2PORTFOLIO MANAGER
8.2 Week 2.................................................................................................................................14
8.3 Week3:................................................................................................................................17
8.4 Week 4:...............................................................................................................................19
8. 5 Weak 5:...............................................................................................................................22
8.6 Week 6:................................................................................................................................24

3PORTFOLIO MANAGER
1. Introduction and Summary of Outcomes
Nowadays, project managers are more focused on the developing best practice throughout
the project management processes in specific industries. - They also utilize numerous tools and
techniques for investigating and describing project process associated with the developing new
working facilities, equipment, plant and process for justifying, designing, developing or maintain
existing facilities. This tools and techniques are also assist project manager to asset lifecycle
status and equip with the context of their technologies. In the rich organizations, there are also
other several processes that are based on sound policy, information and research may enable the
project justification and selection. Project justification and selection is a rich aspect as those are
responsible for present and interpret major processes. Critical analysis is also a major aspect as it
assist to manage the strategies and operational activities from a broad perspective to ensure
safety and quality and avoid overruns or rework. Critical analysis management is also utilize to
manage variations and claims throughout the industry to make suitable decisions to discontinue
or close any project. Demonstrate an effective professional level of teamwork and
communication and support collaborative peer group learning.
2. Learning outcome 1:
Review using clear Terminology, Some of the practices are stems from the economy and
required to do less or more to grow the revenue of products or services. Generally, project
management is consist of some process of applications which are mandatory to achieve the
organization’s goal. Rich organizations are often take helps from many key areas and processes
of project program and portfolio management practices as applicable.

4PORTFOLIO MANAGER
Summary:
The understanding of project management is crucial and necessary. PMBOOK assists to
understand the concepts of terminology which can be utilized to review the project management
applications. Project management is a process of manage the whole projects and aspects
associates with it. For complete a project suitably, rich organizations are often take helps from
different key areas. The utilization of this key areas are essential in order to get effective insights
for an organization. Generally, project management is consist of many process and activities.
Those process of applications are mandatory to solve achieve the organizational goals. Every
organization has their own procedure to deal with the risk and achieve organizational goals.
Portfolio is also plays a major role to identify, mange, prioritising and controlling project.
Generally, portfolio can be define as a collection of programs of projects that group together.
Where key can be defines as a set of component utilized to categories and component for further
decision making. Key performance indicators are utilized for reporting and measurement on the
portfolio or one of its component. Where components can be defined as an activity managed
while utilizing the portfolio management process.
Evidence:
I was able to understand the clear overview of the project management key concepts while
learning through the course, however, I gain the proper concepts while working on a project. I
also gathered many new information which I utilized during the project lifecycle. There is also
many aspects unknown to me. I tried to be familiarized with those aspects through experience.
3. Learning Outcome 2:

5PORTFOLIO MANAGER
Relevance of techniques and tools for investigating and describing project process related to
developing new facilities, working, equipment, plant and processes for justifying, designing,
developing or maintaining coexisting facilities and equipment within the context of their
technologies and asset lifecycle status.
Summary:
There are several tools and techniques available which can be utilized to describe project
process and assist to maintain projects. RACI is one of the techniques to compare tasks with
accountable, responsible, consulted and informed. The RASI diagram is very useful to describe
the roles and responsibility of the business persons associated with any project.
Stakeholders map is utilized to manage stakeholders according to the potential impact,
importance or project activity. Stakeholders holds huge impact of a project. The stakeholder’s
management can impact the project dramatically. Effective management of the stakeholders’
interests includes the resolution of conflicting objectives and representation of end-users who
may not be directly involved in the activity. Stakeholders’ interests can be managed through
stakeholder meetings and specific user panels providing input to a requirement specification. The
key objective is to capture, align, record, sign off and deliver stakeholder objectives. One way of
prioritising this activity is to use a stakeholder matrix.
Evidence:
The uses of these tools and techniques are essential in order to complete a project suitably. I
used several of these techniques after proper understanding for investigating and describing
project process related to developing new facilities, working, equipment, plant and processes for

6PORTFOLIO MANAGER
justifying, designing, developing or maintaining coexisting facilities and equipment within the
context of their technologies and asset lifecycle status.
4. Learning Outcome 3:
Interpret and present major process that are based on sound policy, information and research
that enable project justification, tenders, contractors and selection in an asset rich organization.
Summary:
Rich industries often uses policy and related procedures which are often used to limit and
control technology utilization, lower operating costs and limit risk exposure. The utilization of
policy can assist to make suitable decisions. There are mainly seven key associates with the
sound policy.
 Policy and procedure must be developed and implemented with end-user input and buy-
in
 Policy and procedure must be flexible for adaptation to reasonable variations and
exceptions.
 Policy and procedure must be relevant and aligned with actual needs and matched to the
intended purpose.
 Policy and procedure must be fully useable, actionable and capable of implementation
and enforcement.
 Policy and procedure must be credible and fully justified and enforceable in a
consistent manner.
 Policy and procedure must be purposeful to fill defined needs and serve an actual
purpose.
Evidence:

7PORTFOLIO MANAGER
the sound policy is very effective to retain extra investment. By proper utilizing of the policies
significant amount of investment can be saved. This information assists me to make a project
schedule for an office recon solation. I am able applied those principles suitable during the
project scheduling. This principles also help me to understand the responsibility and managing
ability of a project manager.
5. Learning Outcome 4:
Critically analysis management strategies and operational activities from a board perspective
to ensure safety and quality to avoid overruns or rework, to manage variations and claims and
make decisions to discontinue or close projects.
Summary:
Operation management involves planning, supervising process, organizing and make
required improvements for higher profitability and ensure safety. Operational management is the
process of maintain the operations which must be conducted effectively to avoid overruns or
manage variations. Nowadays. Operational management act as a multidisciplinary functional
area in an industry. It must be familiar with a range of disciplines. The operational manager must
be familiar with the basic material planning, common strategic policies and production system.
One of the main key role of the operational manager is able to navigate industrial labour
relations. According to Randall Schaeffer there are mainly ten principles associates with the
operation management.
1. Organization: Processes in manufacturing are interconnected. All elements have to be
predictable and consistent, in order to achieve a similar outcome in profits.
2. Change: the possibility of appearance of new theories and solutions are always high.
Stick to a particular theory is not an effective approach. Embracing new techniques or
solutions are helpful to maintain stability in the long term.

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3. Success: the success rate is not constant for any company. Managers should consider the
interests of stakeholders in order to maintain the engagement.
4. Humility: Instead of a costly trial and error process, managers should acknowledge their
limitations, “get help, and move on.”
5. Managed Passion: the passion of employees can be a game changer of a company
growth. Managers can implement strategies to engage the employees if not coming
naturally.
6. Causality. Problems are symptoms: effects of underlying causes. Unless the causes are
attacked, the same problems will appear again.
7. Variance. Variance of processes has to be encouraged, because if managed well, they
can be sources of creativity
8. Accountability. Managers are expected to set the rules and the metrics, and define
responsibilities of their subordinates, as well as regularly check if the goals are met. Only
this way would the workers put in the necessary efforts.
9. Fundamentals. The Pareto rule is also applicable to operations: 80% of success comes
from a strict adherence to precisely maintaining records and disciplines, and only 20%
comes from applying new techniques to the processes.
10. Reality. Operations management should focus on the problem, instead of the techniques,
because no tool in itself would present a universal solution.
Evidence:
The knowledge of the operational management was broadly understood. The theories are
applicable to ensure safety and quality to avoid overruns or rework, to manage variations and
claims and make decisions to discontinue or close projects.
6. Learning Outcome 5:
Demonstrate an effective professional level of teamwork and communication and support
collaborative peer group learning.
Summary:
Team work is important to maintain the productivity rate, employee engagement and so
on. Through teamwork and effective communication, several challenges can be overcome easily.
Normally, teams are consists of two or more people who are responsible for achieving same
goals. In every team there must be a team leader who is responsible for managing and monitor

9PORTFOLIO MANAGER
the team activities and progress. Every team members must engage them with proper cooperation
to complete any desire goals. Co-operation plays a significant role in team management. Every
team members must cooperate with each other through proper communication that will not only
results project competition also in less time. Team member can also learn new aspects quickly as
rather than learning individually. Peer review is also plays a significant value in the team
management process. One individual can be familiar with his or her activities and engagement in
the team as what are the impacts of his other in the team. Generally, everybody has the
opportunities to review other activities as well as read others feedback to understand the positive
and negative impact of him or her on the team.
Events:
I understand the values of teamwork as I am also believe in teamwork. Teamwork makes
task easy to understand and complete in less time. This information assists me to make a project
schedule for an office recon solation. I am able applied those principles suitable during the
project scheduling. This principles also help me to understand the responsibility and managing
ability of a project manager.
7. Reference:
[online] Available at: http://www.books.mec.biz/tmp/books/55F1OL4WQC7HL2OBCGHS.pdf
[Accessed 3 April 2018].
Alexander, M. (2018). 6 traits of highly effective project managers. [online] CIO. Available at:
https://www.cio.com/article/2433916/project-management/project-management-six-
attributes-of-successful-project-managers.html [Accessed 3 Apr. 2018].

10PORTFOLIO MANAGER
Besner, C. and Hobbs, B., 2013. Contextualized project management practice: A cluster analysis
of practices and best practices. Project Management Journal, 44(1), pp.17-34.
Esty, B. (2014). An overview of project finance and infrastructure finance-2014 update.
Goetsch, D. L., & Davis, S. B. (2014). Quality management for organizational excellence. Upper
Saddle River, NJ: pearson.
https://www.entrepreneur.com/article/244730 [Accessed 3 Apr. 2018].
https://www.youtube.com/watch?v=n9G5b3aRJDw (2018). [image] Available at:
https://www.youtube.com/watch?v=n9G5b3aRJDw [Accessed 8 May 2018].
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Teller, J., Kock, A., & Gemünden, H. G. (2014). Risk management in project portfolios is more
than managing project risks: A contingency perspective on risk management. Project
Management Journal, 45(4), 67-80.
youtube.com (2018). https://www.youtube.com/watch?v=-wA5crNWH-8. [online]
https://www.youtube.com/watch?v=-wA5crNWH-8. Available at:
https://www.youtube.com/watch?v=-wA5crNWH-8 [Accessed 8 May 2018].

11PORTFOLIO MANAGER
8. Appendix
8.1 week 1
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
Why Project
Management?
Management
Study Guide
After go through the project
management learning, there
are several outcomes which I
learned and understands.
The importance of project
management was understood
so that I could applied the
theories in future. As I
understood the knowledge of
project management is
essential in order to develop
the budget and time
management.
The knowledge of
project management
was helpful when I
started working on
my project during
the semester. I also
gathered many new
information which I
utilized during the
project lifecycle.
There is also many
aspects unknown to
me. I tried to be
familiarized with
those aspects
through experience.
Managementstudyguide.com. (2018).
Importance of Project Management
for Organizations. [online] Available
at:
https://www.managementstudyguide.
com/project-management-
importance.htm [Accessed 2 Apr.
2018].

12PORTFOLIO MANAGER
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
Kerzner
Chapter 1
This chapter helps me to
understand the proper aspects
of the project management.
The applications were
broadly described which
assist me to get the clear idea
of the project management.
The main thing I learned
from the chapter is that
successful projects must
maintain the time and budget
plan. There are also other
aspects to consider as such
client’s requirement and cost
and time scheduled.
The principles of
project management
which were
discussed in the
chapter was very
helpful that helps me
to understand the
process and the
activities
importance. This
information assists
me to make a project
schedule for an
office recon solation.
I am able applied
those principles
suitable during the
project scheduling.
This principles also
help me to
understand the
KERZNER, H. (2009). PROJECT
MANAGEMENT-A SYSTEMS
APPROACH TO PLANNING,
SCHEDULING, AND
CONTROLLING. 10th ed. John
Wiley & Sons, Inc., Hoboken, New
Jersey.

13PORTFOLIO MANAGER
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
responsibility and
managing ability of
a project manager.
Egelstaff (2013)
Academic
assignments:
Critical thinking
and writing
critically
This paper helps me to
understand the skills
requirement for proper
critical thinking. Critical
thinking is a major aspect of
the project management
which was presented in the
writing. It teaches me to
apply the theories I learned
in a structured manner
This assignment was
very suitable to
apply my theories
and understanding
the importance of
critical thinking. By
implementing this
assignment bi was
able to present in a
suitable manner.
Egelstaff (2013). Critical Thinking
and Writing. [online] Available at:
https://www.kent.ac.uk/learning/docu
ments/student-support/value-map/
valuemap1516/
criticalthinkingandwriting171015alg.
pdf [Accessed 3 Apr. 2018].
8.2 Week 2
Project
Management for
The management
process for managing
I experienced this through different
studies. This aspects were useful to
Bunner, A.
(2017). Project

14PORTFOLIO MANAGER
Operators of
Large Assets
large assets has major
significance. It helps to
understand the project
justifications with the
appraisal and selection
process.
understand. Those knowledge helps
me develop the idea of project
management for operators of large
assets.
Management vs. Change
Management: What’s the
Difference?. Retrieved 3
April 2018, from
https://www.clarizen.com
/project-management-vs-
change-management-
whats-the-difference/
Quality
Management
Quality management is
the process of checking
quality of the product
or services. Quality
management assist to
maintain the
investment cost and
customer requirement.
I came to know about role of
experts in managing changes in the
project. Quality management
involves ongoing activities having
no clearly specified deliverables due
to changing marketing conditions
Goetsch, D. L., & Davis, S.
B. (2014). Quality
management for
organizational excellence.
Upper Saddle River, NJ:
pearson.
Risk Analysis In Project management
risk analysis is an
significant factor.
Through risk analysis
industries can estimate
the possible risks
I get to know that risk analysis is a
major aspect to avoid the bad
circumstances which could possible
occurred in future. This helps to
understand scope, cost and time
interval of project
Kerzner, H., & Kerzner, H. R.
(2017). Project management:
a systems approach to
planning, scheduling, and
controlling. John Wiley &
Sons.

15PORTFOLIO MANAGER
which could be
occurred in the future
for taking some
specific approach. Risk
analysis can assist the
decision making to
avoid loss or progress
through execution,
project monitoring and
control, project closure
Importance of
project
management
methodologies
Project management
methodology assists to
mitigate risk and
enhance the chances of
success. This enable
team to share ideas and
thoughts on what is
happening and what
can be the final
outcome
I have learned that project
methodology helps to focus on right
things at right way
Guo, P. (2012). 4 Big
Benefits of Using a
Project Management
Methodology. Retrieved 3
April 2018, from
http://www.mnp.ca/en/post
s/4-big-benefits-of-using-
a-project-management-
methodology

16PORTFOLIO MANAGER

17PORTFOLIO MANAGER
8.3 Week3:
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
Project Finance After go through the project
management learning, there
are several outcomes which I
learned and understands.
Project finance is the term
used to describe the
financing of a particular legal
entity whose cash flows and
revenues will be accepted by
the lender as a source of
funds from which the loan
will be repaid.
The knowledge of
project Finanace was
helpful when I
started working on
my project during
the semester. I also
gathered many new
information which I
utilized during the
project lifecycle.
There is also many
aspects unknown to
me. I tried to be
familiarized with
those aspects
through experience.
Esty, B. (2014). An overview of project
finance and infrastructure finance-2014
update.
Project Risks Identification of the risks
associated with any project is
a necessary step before
The principles of
project Risks which
were discussed in
Teller, J., Kock, A., & Gemünden, H. G.
(2014). Risk management in project
portfolios is more than managing project
risks: A contingency perspective on risk

18PORTFOLIO MANAGER
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
analysis and allocation.
Project can have many types
of risks:
– Financial risks
– Revenue risks
– Commercial risks
the chapter was very
helpful that helps me
to understand the
process and the
activities
importance. This
information assists
me to make a project
schedule for an
office recon solation.
I am able applied
those principles
suitable during the
project scheduling.
This principles also
help me to
understand the
responsibility and
managing ability of
a project manager.
management. Project Management
Journal, 45(4), 67-80.

19PORTFOLIO MANAGER
8.4 Week 4:
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
Coat Estimation Cost estimation is utilized to
complete any project under
budget and check the
availability of optimum
invest process.
The knowledge of
cost estimation was
helpful when I
started working on
my project during
the semester. I also
gathered many new
information which I
utilized during the
project lifecycle.
There is also many
aspects unknown to
me. I tried to be
familiarized with
those aspects
through experience.
Managementstudyguide.com. (2018).
Importance of Project Management
for Organizations. [online] Available
at:
https://www.managementstudyguide.
com/project-management-
importance.htm [Accessed 2 Apr.
2018].
Early Estimation Early estimations are done
for getting proper idea about
the expenses, time and
The principles of
Early estimation
which were
Alexander, M. (2018). 6 traits of
highly effective project managers.
[online] CIO. Available at:

20PORTFOLIO MANAGER
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
resource requirement. Early
estimation can produce a
clear view of the future work
and the aspects associated
with it such as risk, progress
and cost.
discussed in the
chapter was very
helpful that helps me
to understand the
process and the
activities
importance. This
information assists
me to make a project
schedule for an
office recon solation.
I am able applied
those principles
suitable during the
project scheduling.
This principles also
help me to
understand the
responsibility and
managing ability of
a project manager.
https://www.cio.com/article/2433916/
project-management/project-
management-six-attributes-of-
successful-project-managers.html
[Accessed 3 Apr. 2018].

21PORTFOLIO MANAGER
8. 5 Weak 5:
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
Planning Planning is also a significant
aspect of project
management as the
successful realization of a
project depends on the
proper planning.
Planning is essential
in order to complete
any product, I
implanted a plan for
making a warehouse
recently during my
semester as I was
able to understand
the significance of
planning.
Network
Analysis
There are two forms of
Network Analysis: –
Precedence diagrams (also
known as Activity on Node)
– Arrow diagrams (also
known as Activity on Line)
The principles of
Network analysis
which were
discussed in the
chapter was very
helpful that helps me
to understand the
process and the
[online] Available at:
http://www.books.mec.biz/tmp/books
/55F1OL4WQC7HL2OBCGHS.pdf
[Accessed 3 April 2018].

22PORTFOLIO MANAGER
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
activities
importance. This
information assists
me to make a project
schedule for an
office recon solation.
I am able applied
those principles
suitable during the
project scheduling.
This principles also
help me to
understand the
responsibility and
managing ability of
a project manager.
8.6 Week 6:
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
Contracts Contracts are used to procure All projects have an Managementstudyguide.com. (2018).

23PORTFOLIO MANAGER
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
people, plant equipment,
materials and services that
are fundamental to project
management.
outcome and
therefore are about
achieving results. •
Resources are not
always available
internally and very
often are from other
organisations.
Importance of Project Management
for Organizations. [online] Available
at:
https://www.managementstudyguide.
com/project-management-
importance.htm [Accessed 2 Apr.
2018].
Project
Organisation
After go through the project
organizatuin learning, there
are several outcomes which I
learned and understands.
The importance of project
organization was understood
so that I could applied the
theories in future. As I
understood the knowledge of
project organization is
essential in order to develop
The principles of
project organization
which were
discussed in the
chapter was very
helpful that helps me
to understand the
process and the
activities
importance. This
information assists
me to make a project
KERZNER, H. (2009). PROJECT
MANAGEMENT-A SYSTEMS
APPROACH TO PLANNING,
SCHEDULING, AND
CONTROLLING. 10th ed. John
Wiley & Sons, Inc., Hoboken, New
Jersey.

24PORTFOLIO MANAGER
Topic and
reading samples.
Your personal learning
outcomes from this unit.
Learnings from
your experience.
Supporting documentation
including your prior learnings.
schedule for an
office recon solation.
I am able applied
those principles
suitable during the
project scheduling.
This principles also
help me to
understand the
responsibility and
managing ability of
a project manager.