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PPMP20013 Unit Portfolio for Week 2: Project Justification and Contract Processes

   

Added on  2024-05-20

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(MOHAMMED ABDUL BAKHI) / (12067067) - PPMP20013 Unit Portfolio for Week 2
Week 2: Explore and explain the project justification and contract processes.
Reading samples Learning
outcomes of the
unit
Learnings from your weekly study, experience, this and
prior unit readings and assignments
Supporting
documentation
including any
prior learning
Mandatory Readings
Smith Chapters 3,
4 & 5;
Optional Readings
Australia National
Audit Office
Developing and
Managing
Contracts
Australian
Commonwealth
Government Rules
of Procurement
Victorian
Government Rules
of Procurement
HB 140-2000
Administration
manual for AS
4000-1997
General conditions
of the contract.
WA Government
Rules of
Procurement
NSW Government
Rules of
Procurement
1. Review using clear
terminology the
key areas and
processes of
project, program
and portfolio
management
practices as applies
to asset rich
organisations.
For an asset rich organisation, it is essential to justify the project such that the
project may be continued in accordance with the plans. It is essential to justify
the project that is required to be approved by all the three levels of
government. In the project process, it is essential for the company to undertake
the various processes such that the project can be sanctioned. In order to
sanction the project the steps that are required to be followed are the appraisal,
the implementation and the operation of project. In the appraisal, it is essential
for the project management team to get it cleared by the government of the
country. After this step is done, the next step would be to critically undertake
the processes such that the implementation can be done. In this, it is required
that the project should be started keeping in mind various internal and external
factors such as project funding, viability, affordability, contract requirements
and also keeping in mind various other ethical considerations. The major part
while completing the project was the investment. In this phase, it is required
that the project manager should specify two essentials of the airport
construction i.e.
The interest payments that are compounded during the completion of
the project will also be included in the cost of the project.
The investors of the project would not be able or allowed to derive any
benefits until the project is successfully completed (Smith, 2002).
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PPMP20013 Unit Portfolio for Week 2: Project Justification and Contract Processes_1

(MOHAMMED ABDUL BAKHI) / (12067067) - PPMP20013 Unit Portfolio for Week 2
Reading samples Learning
outcomes of the
unit
Learnings from your weekly study, experience, this and
prior unit readings and assignments
Supporting
documentation
including any
prior learning
QLD Government
Procurement
Transformation;
Case Study
Brisbane Airport's
New Parallel
Runway – Climate
Change;
BNE Airports
EIS/MDP -
Approvals.
2. Discuss the
relevance of tools
and techniques for
investigating and
describing project
process related to
developing new
workings, facilities,
equipment, plant
and processes for
justifying,
designing,
developing, or
maintaining
existing facilities
and equipment
within the context
of their
technological and
asset lifecycle
It has been identified that in the process of development of the Brisbane airport,
there are various processes involved that may imply a huge impact on the
project development. Various tools and techniques have been used in order to
complete the project and ensure the quality management which has been
stated below as follows:
The company has adopted a quality policy according to which all the
processes and techniques would be done keeping in mind the quality of
equipment’s and tasks being done.
The quality principle is another technique that was kept in mind during
the development of the airport. These principles were distributed
among the employees to ensure that they follow them and complete
their respective tasks (Stevens et. al., 2010).
Working instructions were also given to the employees which are a
paper that guides the evidence of completion of the tasks and how to
do the same.
It has been identified that it is required by the project manager to keep an
evaluated and a close check on the processes of the management of quality in
the project development. BPR and TQM are the processes that can be chosen
for the same (Smith, 2002).
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PPMP20013 Unit Portfolio for Week 2: Project Justification and Contract Processes_2

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