Project Management: Portfolio, Governance, and Project Structures

This report delves into the core concepts of project management, focusing on portfolio management, governance structures, and the different types of organizational structures that impact project success. It explores the significance of project design, emphasizing the early-stage planning that defines key features, success criteria, and deliverables. The report also examines the roles of key personnel in project management, including the immediate leader, Project Manager, and Product Manager. Furthermore, it touches upon the different types of projects (manufacturing, development, commercial) and the various ways projects can be categorized. The report draws on resources such as Kerzner's work on project management and the Project Management Professional (PMP) Handbook, providing insights into the practical application of these concepts within an organizational context.

Weekly Portfolio Learning Table
Topic and
reading
samples.
Personal learning
outcomes
Leanings from
your experience.
References.
Governance of
Projects
There are different types of
projects including:
1. Manufacturing
projects
2. Development projects
3. Commercial projects
4. Technical projects.
There are several ways in
which projects could be
classified. It could be
according to the source of
funds for the project,
whether the project is
foreign aided, according
to technique, function,
size or scale, speed or
frame, according to
nature and orientation.
Besner, C. and Hobbs, B. (2013).
Contextualized Project
Management Analysis of Best
Practices. [online] Pmi.org.
Available at:
https://www.pmi.org/learning/libr
ary/contextualized-project-
management-analysis-best-
practices-3798 [Accessed 11 Oct.
2017].
Kerzner
Chapter 1.14-
1.16, & 3
Project designs would be vital
in ensuring that the goals for
the project are met.
In this study, another
important factor was
project design. This
happens to be a very
early phase of project
management in which the
key features, success
criteria, structure, and
deliverables get planned
out.
Kerzner, H. (2013). Project
Management: A Systems Approach
to Planning, Scheduling, and
Controlling. [online] Available at:
https://leseprobe.buch.de/images-
adb/01/a0/01a0f1b5-054e-46ba-
a3d3-4d33b63eb326.pdf [Accessed
11 Oct. 2017].
Management of projects does
not work with transfer of
powers.
Each and every associate is
headed by three individuals
they are the immediate
leader, Project Manager and
Product Manager.
Pmi (2017). Project Management
Professional (PMP) Handbook.
[online] Available at:
https://www.pmi.org/-/media/pmi
/documents/public/pdf/certificatio
ns/project-management-
professional-handbook.pdf
[Accessed 11 Oct. 2017].
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Topic and
reading
samples.
Personal learning
outcomes
Leanings from
your experience.
References.
Journals &
Standards
 PM The structures of an organization
differ. However, the common types
are functional, divisional and team
structures. .
 PMJ
 SAI
Global
Portfolio Reflection
Expectation control helps business organizations evaluate their positions against whatever they
need.
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