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Portfolio Manager

   

Added on  2023-06-11

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Running Head: PORTFOLIO MANAGER
Portfolio Manager
Name of the Student
Name of the University
Author Note
Portfolio Manager_1

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
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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
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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.
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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:
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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
Portfolio Manager_6

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