Applying Project Management Standards and Frameworks

(Insert Student Name) / (Insert Student Number) - PPMP20011Unit Portfolio for Week 9
Weekly Portfolio Learning Table
Description of
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outcomes of the
unit
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Supporting
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prior learning
Week 9 Topic:
Applying Project
Management
Standards and
Frameworks.
Collaborative Project
Procurement
Arrangements
(2015) by Derek H. T.
Walker and Beverly
M. Lloyd Walker;
3. Differentiate
methods of project
negotiation, conflict
management, and
stakeholder
engagement across
projects consisting of
differing technology
standards and asset
lifecycles.
4. Explain and apply
methods of
identifying and
reconciling
inconsistent and
conflicting objectives
and drivers that
develop, maintain,
mange relationships
and communication
with key
stakeholders.
5. Explain the
Project management standard framework is the framework that manages the
life cycle of the project along with the methods for the negotiation of the
project and managing the conflicts and stakeholders involved in the process. The
main difference between the project negotiation, conflict management is that
the conflict management discusses about the managing of the constraints those
may encountered in the project. Negotiation process involves negotiation
regarding the cost and timeline of the project between the project management
team and the clients . The stakeholder engagement is the process of involving
the stakeholders in the development of the project (Prati et al. 2016). It can be
said that the proper negotiation of the project will develop the clarity in the
requirement documentation of the project. The proper knowing of the
requirements of the client will help to mitigate the chances of the scope creep in
the project development (McGivern et al. 2018). Application of the proper
standard framework in the development of the project will help in the better
stakeholder engagement and the proper compilation of the project life cycle.
Key aspect of managing of the stakeholders can be derived successful project
negotiation process. In the proper negotiation process the shortcomings in the
requirements and the development are identified (Prenzel and Vanclay 2014) .
This also helps to deliver the actual outcome of the project meeting all the
requirements.
There are certain consequences for the lack of proper project management
framework. The consequences are the project delay and scope creep in the
development of the project . The delay in the project will cost the project
management team to spend extra money and the overall budget of the project
will be increased which is not desirable. On the other hand the scope creep will
make the major changes in the requirements in the development of the project.
The change of the requirements during the development of the project will
cause the delay in the delivery of the outcome of the project resulting the
Prati, G., Albanesi, C.,
Pietrantoni, L. and
Airoldi, L., 2016. Public
perceptions of beach
nourishment and conflict
management strategies:
A case study of
Portonovo Bay in the
Adriatic Italian
Coast. Land Use
Policy, 50, pp.422-428.
Prenzel, P.V. and
Vanclay, F., 2014. How
social impact assessment
can contribute to conflict
management. Environme
ntal Impact Assessment
Review, 45, pp.30-37.
Ebner, N. and Parlamis,
J., 2017. Weaving
Together Theory,
Research, Practice, and
Teaching: A Four‐
dimensional Approach to
Negotiation and Conflict
Management
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