This weekly portfolio covers the topic of project management, including methodologies, benefits, and failures. It also includes personal learning outcomes and experiences, as well as supporting documentation and readings.
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Exemplar 20009_ Weekly Portfolio Weekly Portfolio- 2 Name of the Student: Name of the University:
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Exemplar 20009_ Weekly Portfolio Weekly Portfolio Learning Table Topic and reading samples Your personal learning outcomes from this course Learning’s from your experienceSupporting documentation including your prior learning Lecture slides Understanding project management Project Management (Note: Week 2 Lecture slides covered in portfolio) The week 2 lecture slide is based on a research which shows that most of the project is failed. It also analyzes the biggest barriers into the project work, people factors and understanding of the project complexity. I have leant about various project management methodologies which provide success to the project work and those methodologies which are failed. Lecture slide of week 2: Project management methodologies Recommended readings Project management growth: Concepts and definitions Kerzner: Chapter 2Project management: 1945-1960 Project management: 1960-1985 Project management: 1985-2009 From the history of project manager, I have charted the major developments as well as events in project management as far back as it were recorded. There has been project management since the early civilization; the project management has begun in the year 1950s. From the history of engineering projects, I have revealed that the projects are strong similarities. The project is involved of schedule, budget as well as customers. I have leant about the three periods into development of modern project manager are: Prior to 1960: There is craft system to the human relations. 1960-1985: There is application of the management science. 1985-2009: There is production of the centre of human resources as well as creating a new project environment. I have analyzed the major project which was undertaken during period in the year 2000 is Y2K project. It is known as millennium bug which is referred to problems which the computers can function correctly on 1stJanuary, 2000. It was a problem for the organization as the organization is not guaranteeing the immunity due to breakdown of the organization’s supply chain which affects operating capability of the organization. From the chapter 2 of book’s author, Kerzner Page1of4
Exemplar 20009_ Weekly Portfolio Topic and reading samples Your personal learning outcomes from this course Learning’s from your experienceSupporting documentation including your prior learning Kerzner: Chapter 21 Benefits of project management Project methodology Project change management I have analyzed the benefits of the project management such as: Improve chances to achieve the required results Prioritize the resources of the business and also ensures for it efficient usage Setting the scope and schedule, budget from beginning of the project work Improve the productivity along with quality of the work The project management methodologies created deal with particular project which consist of requirements that are required to take into account throughout the entire project lifecycle. I have selected the waterfall model as the project methodology which has similarities to the project management. It is the easier method by which project management can approach a project. The project is involved of resources, processes and project methodologies for planning, executing, monitoring and closing the project activities. Change management is similar to project management as it consists of processes and tools to manage the changes occurred into the project. Systems, programs and projects: A definition (Kerzner: Chapter 2) Learning includes: System Program Project Failed project Project life cycle System is set of methods, and procedures required to carry out particular activity to solve te project related problems. Program is set of related projects which are managed in proper way to get benefits and control not available for managing it individually. As per PRINCE2, the project is being defined as a temporary organization which created for purpose to deliver one as well as more business products as per the project business case. I had experienced a project failure in my college when all the project tasks were allocated to us based on our interest area and skills. In our group, only one member had technical skills, but suddenly he was absent for one week. Due to lack of technical skills into the project, we were not able to do the technical work. Due to this, we had not completed the work on time. At that position, we should require to take a backup of technical resources. Topic and readingYour personal learning outcomesLearning’s from your experienceSupporting Page2of4
Exemplar 20009_ Weekly Portfolio samplesfrom this coursedocumentation including your prior learning The project management lifecycle is consisted of five phases such as initiation, planning, execution and monitoring along with closure. Project Management Journal Vol. 42, No. 5, 4-16 and Walker D., Dart C. J. (2011) Frontinus--A Project Manager From the Roman Empire Era Project management methodologies Continuous improvement into the workplace increases the bottom line; the manager is looked for methods for finding measurable gains to take future decisions. Failure into the exam is a bad experience which make educational career more difficult. The project management methodologies made the project work easier by elimination of wastes from the project and deliver a quality work. By applying of various principles, frameworks, procedures as well as standards, I am able to provide structure to way for delivering the project on time. As for example, continuous improvement is done by monitoring of the training programs in the organization. When the training employee’s calls out for sick and take leaves, then there is slowdown into the production. Schedule of training programs on monthly basis that rotate the employees move to new positions and learn about their job role. It is critical to predict outcomes of the exams. Failing into the exam is one of the worst experiences in my education career. The way to cope up with the exam failure I have reviewed is to talk with people. Failing into the exam is not end of world, but I had faced many hurdles in life. In my point of view, improvement is to learn more and gain knowledge about the outer world so that I can able to understand what is perfect and what not. Page3of4
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Exemplar 20009_ Weekly Portfolio Bibliography Binder, J., 2016.Global project management: communication, collaboration and management across borders. Routledge. Harold Kerzner, P., 2013.Project Management, A Systems Approach to Planning, Scheduling and Controlling.Eleventh ed. New Jersey: John Wiley & Sons. Hristov, L. and Reynolds, J., 2015. Perceptions and practices of innovation in retailing: Challenges of definition and measurement.International Journal of Retail & Distribution Management,43(2), pp.126-147. Kerzner, H., 2017.Project management metrics, KPIs, and dashboards: a guide to measuring and monitoring project performance. John Wiley & Sons. Massaro, M., Dumay, J. and Garlatti, A., 2015. Public sector knowledge management: a structured literature review.Journal of Knowledge Management,19(3), pp.530-558. Snyder, J.R., Dilaver, O., Stephenson, L.C., Mackie, J.E. and Smith, S.D., 2017. Agent-based modelling and construction–reconstructing antiquity’s largest infrastructure project.Construction Management and Economics, pp.1-15. Walker, D. H. T. &. D. C. J., 2011. Frontinus—a project manager from the Roman Empire era. Project Management Journal,Volume 42(5), pp. 4-16. Page4of4