Project Portfolio Management and Safety in Asset Rich Organizations

This unit portfolio covers the topics of project portfolio management, safety in asset rich organizations, tools and techniques for project processes, project planning, quality management, and effective teamwork and communication strategies. The mandatory readings include Smith Chapters 3, 11 to 3.13, 4801-2001, 4804-2001, Smith Chapters 16 & 17, and Smith Chapters 18, 19, 20 & 21.

(Insert Student Name) / (Insert Student Number) - PPMP20013Unit Portfolio for Week 10, 11 and 12
Week 10: Critically analyse the implications and impacts of safety.
Week 11: Explore modern approaches to extended projects.
Week 12: Ensure sustainability.
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,
11 to 3.13;
 4801-2001;
 4804-2001;
 Smith Chapters 16
& 17;
 Smith Chapters 18,
19, 20 & 21.
Case Study
 BAC: Work Health
& Safety;
 BMD Empower:
Health, Safety,
Environment and
Quality (HSEQ);
 Productivity
Commission:
Public
Infrastructure
Inquiry report;
 PMI: Submission
to the Productivity
Commission;
1. Review using clear
terminology the
key areas and
processes of
project, program
and portfolio
management
practices as applies
to asset rich
organisations.
Project portfolio management is a centralized management of the different
methods and processes associated with a project and further helps in analysing
the process by which the project evaluate analyses the changes in the project.
The project and the portfolio management is a centralized management process
that is used by the project managers in collectively managing the key
characteristics of the current as well as the proposed projects. The project and
the portfolio management helps in easier documentation of the project progress
and easier project sustainability.
For accurate project and portfolio management, it is essential to understand the
different processes of project progress and project management.
This week’s learning has helped me in understanding the different project
management approaches which were very helpful for me. Management of the
programs and the portfolios are important aspect of project management since
it helps in evaluation of the project.
Project and portfolio management helps in ensuring easier resource available by
regularly tracking the progress of the project. With accurate program and
portfolio management, it is possible to increase the value output of an
organization.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Mandatory Readings 2. Discuss the It is essential to tack and manage the progress of a project and for that, use of PPMP20013 Unit Profile
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(Insert Student Name) / (Insert Student Number) - PPMP20013Unit Portfolio for Week 10, 11 and 12
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
 Smith Chapters 3,
11 to 3.13;
 4801-2001;
 4804-2001;
 Smith Chapters 16
& 17;
 Smith Chapters 18,
19, 20 & 21.
Case Study
 BAC: Work Health
& Safety;
 BMD Empower:
Health, Safety,
Environment and
Quality (HSEQ);
 Productivity
Commission:
Public
Infrastructure
Inquiry report;
 PMI: Submission
to the Productivity
Commission;
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
status.
certain relevant tools and techniques are essential. There are certain tools and
techniques in project that ensure accurate project monitoring and project
delivery. Choice of an appropriate tools and techniques is essential as it ensures
that the project is implemented according to the need of the project.
There are certain project scheduling tools such as MS Project that helps in
accurate schedule of the project according to its activities and the deliverables.
These tools and techniques are essential appropriate project implementation
and mitigation of any risks and issues associated with a project. Other tools
include risk management tools.
PPMP20013 Moodle
Web site
Mandatory Readings
 Smith Chapters 3,
11 to 3.13;
 4801-2001;
 4804-2001;
 Smith Chapters 16
& 17;
3. Present and
interpret major
processes that are
based on sound
policy, information,
and research that
Projects are executed according the criteria and the set objectives of the
project. However, the implementation of a project should follow an appropriate
approach of project management.
One of the major processes associated with project management is project
planning. For ensuring accurate project implementation, it is essential to
develop a project plan. A project should be executed according to the
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
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(Insert Student Name) / (Insert Student Number) - PPMP20013Unit Portfolio for Week 10, 11 and 12
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
 Smith Chapters 18,
19, 20 & 21.
Case Study
 BAC: Work Health
& Safety;
 BMD Empower:
Health, Safety,
Environment and
Quality (HSEQ);
 Productivity
Commission:
Public
Infrastructure
Inquiry report;
 PMI: Submission
to the Productivity
Commission;
enable project
justification,
tenders, contracts,
and selection
criteria to occur in
an asset rich
organisation.
implementation plan that is prepared for a project. A planned approach of
project implementation ensures accurate implementation of the project.
Mandatory Readings
 Smith Chapters 3,
11 to 3.13;
 4801-2001;
 4804-2001;
 Smith Chapters 16
& 17;
 Smith Chapters 18,
19, 20 & 21.
Case Study
4. Critically analyse
management
strategies and
operational
activities from a
broad perspective
to ensure safety
and quality, to
avoid overruns or
rework, to manage
variations and
claims, and to make
With the implementation of the project. It is essential to ensure safety and
quality of the project deliverables. Quality management is an important aspect
of project management as it ensures that the project is implemented according
to the given specifications. With accurate project monitoring, it becomes
possible to ensure delivery of accurate products.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
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(Insert Student Name) / (Insert Student Number) - PPMP20013Unit Portfolio for Week 10, 11 and 12
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
 BAC: Work Health
& Safety;
 BMD Empower:
Health, Safety,
Environment and
Quality (HSEQ);
 Productivity
Commission:
Public
Infrastructure
Inquiry report;
 PMI: Submission
to the Productivity
Commission;
decisions to
discontinue or
close projects.
Mandatory Readings
 Smith Chapters 3,
11 to 3.13;
 4801-2001;
 4804-2001;
 Smith Chapters 16
& 17;
 Smith Chapters 18,
19, 20 & 21.
Case Study
 BAC: Work Health
& Safety;
 BMD Empower:
Health, Safety,
Environment and
Quality (HSEQ);
5. Demonstrate an
effective,
professional level
of teamwork and
communication and
support
collaborative peer
group learning.
Teamwork is an important aspect of project management. Appropriate
teamwork helps in easier management of the issues in a project and helps in
working in a collaborative environment.
Effective communication among the team members is essential for managing
the different aspects of the project. With effective communication it is possible
to process the data of the project in an accurate manner among the team
members and the stakeholders of the project.
For ensuring appropriate communication among the team members, it is
essential for the project team to deliver a communication plan that will be
followed for effective communication with the team.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
4 of 6

(Insert Student Name) / (Insert Student Number) - PPMP20013Unit Portfolio for Week 10, 11 and 12
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
 Productivity
Commission:
Public
Infrastructure
Inquiry report;
 PMI: Submission
to the Productivity
Commission;
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(Insert Student Name) / (Insert Student Number) - PPMP20013Unit Portfolio for Week 10, 11 and 12
References
https://bne.com.au/corporate/work-at-bne/safety-and-security
https://www.eepm.com.au/the-bmd-way/health-safety-environment
http://www.pc.gov.au/inquiries/completed/infrastructure/report
http://www.pc.gov.au/inquiries/completed/major-projects/submissions/submissions-test/submission-counter/sub032-major-projects.pdf
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