( Insert Student Name) / ( Insert Student Number) - PPMP20011 Course Portfolio for Week 1 Weekly Portfolio Learning Table Description of topics including reading samples Learning outcomes of the course Learnings from your experience, this and prior course reading, assignments Supporting documentation including your prior learning Week 1 Topic: Commercial Planning and Commercial Projects. Wikipedia article Channel Tunnel; Peña-Mora F., and Tamaki T. 2001. "Effect of Delivery Systems on Collaborative Negotiations for Large -Scale Infrastructure Projects”; 21 Apr 2016 Channel Tunnel's unique status confirmed; 29 June 2016 Brexit negotiations: Four ways to get 1. PMO for Commercial Planning and Commercial Project Management The objective of this week’s topic is to make sure you have a broad understanding of commercial planning and commercial projects. Try to ask yourself the questions that were posed in the 1st week’s lecture :- 1.What is a Commercial Planning? AnswerWecanexplaincommercialplanningasthe processandtechniqueofdevelopingthemodesand methods of operations for the successful completion of the project by analysis and evaluation of the monetary or commercial dependency of the project. The development of the commercially successful projects would be formed forinvolvingtheaccurateandappropriateprocessof developingthecommercialplanofoperations.The projectsofimplementationofbusinessprocessesand constructionofthebuildinginfrastructurewouldbe developedforintegratingtheeffectiveandinnovative processes of the organization. 2.What is a Commercial Project? AnswerThe commercial projects are defined as those setofprojectsthathavetheprofoundscopefor developingthesuccessoftheprojectintermsof commercialfactors.Theprojectslikeconstructionof retail business centre and installing application based for online operations of retail industries can be considered as commercialprojects.Thecommercialprojectsrequire modesandmethodsofoperationsforthesuccessful Kerzner H., 2013. Project Management: A Systems Approach to Planning, Scheduling, and Control, 11thEdition. Hoboken, USA: John Wiley & Sons. Peña-Mora, F. and Tamaki, T., 2001. Effect of delivery systems on collaborative negotiations for large-scale infrastructure projects. Journal of Management in Engineering, 17(2), pp.105-121. PMI., 2013a. A Guide to the Project Management Body 1of8
( Insert Student Name) / ( Insert Student Number) - PPMP20011 Course Portfolio for Week 1 Description of topics including reading samples Learning outcomes of the course Learnings from your experience, this and prior course reading, assignments Supporting documentation including your prior learning a good deal; YouTube: The Chunnel - World's Longest Underwater Tunnel - History Channel. completion of the project by analysis and evaluation of the monetary or commercial dependency of the project. 3.What role does Commercial Planning and Commercial Project Management have in the project, program, and a portfolio hierarchy? AnswerThecommercialplanningandcommercial project management would be deployed for building the properprojectoperationsanddevelopmentwithinthe system of the implementation for the organization. The analysis and development of the project, program, and portfolio hierarchy would result in forming the simplified processingoftheoperations.Theuseofcommercial planningandcommercialprojectmanagementwould help in lowering the chances of occurrence of flaws of the project. The probability of the achievement of the project successwouldbeincreasedbytheuseoftheproper integrationmanagement.Thedeploymentofthe effective project management concepts would be helpful for the development of the improved processes in the organization. 4.Are there any essential keys for success between the participants of large scale projects? AnswerThe essential keys for the success achievement among the participants would involve the use of proper communicationanddevelopment.Theanalysisofthe project would be formed for integrating the development oftheimprovedfacilitiesoftheorganization.The communicationsplayasignificantroleinformingthe appropriate development role for the system integration andsupplementarydevelopmentoftheoperationsfor improving the scope of the project. of Knowledge (PMBOK Guide) 5th Edition. USA: Project Management Institute. En.wikipedia.org. 2017. Channel Tunnel. [online] Available at: https://en.wikipedia. org/wiki/Channel_Tu nnel [Accessed 14 Sep. 2017]. Apsc.gov.au. 2017. Policy implementation through devolved government - APSC. [online] Available at: http://www.apsc.gov .au/publications- and-media/archive/p ublications- archive/devolved- government [Accessed 14 Sep. 2017]. 2of8
( Insert Student Name) / ( Insert Student Number) - PPMP20011 Course Portfolio for Week 1 Description of topics including reading samples Learning outcomes of the course Learnings from your experience, this and prior course reading, assignments Supporting documentation including your prior learning In the Wikipedia article and the other readings for the Channel Tunnel (Chunnel); Project try to explain:- 5.How much negotiation would have occurred during the project? AnswerThe development of the project would involve themanagementoftheeffectiveprocessingand development of the operations. The development of the successfulprojectswouldbeformedforinvolvingthe accurateandappropriateprocessofdevelopingthe project negotiation. The project negotiation is developed for forming the integration of the effective processes and management of the operations within the organization. The good level of negotiation would help in integrating theimprovedservicesoftheprojecttoformthe development of the operations. 6.Who would the negotiation have been between? AnswerTheproject involves the developmentof the stakeholdersofFranceandUnitedKingdomforthe successful completion of the project. The involvement of the two governments would require the use of the project negotiationanddevelopment.Thenegotiationofthe project would involve the management of the terms and conditions of the project contract in development of the effective processing of operations. The probability of the achievement of the project success would be increased by the use of the proper integration management. 7.Would successful negotiation have mitigated any of the subsequent outcomes? AnswerYes, the successful completion of the project negotiation would help in forming the development of the improvement strategies for forming the occasional deployment of contracts and procedures. The 3of8
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