Sustainability in Project Portfolio Assessment 2022

   

Added on  2022-10-17

12 Pages2770 Words10 Views
Running head: SUSTAINABILITY IN PROJECT PORTFOLIO
Sustainability in Project Portfolio and Program Management
Name of the Student:
Name of the University:
Authors Note:
Sustainability  in Project Portfolio  Assessment 2022_1
SUSTAINABILITY IN PROJECT PORTFOLIO
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Table of Contents
Introduction:...............................................................................................................................2
Situational Context and Evaluation:...........................................................................................2
Opportunities and Threats:.........................................................................................................4
Development of the Plan:...........................................................................................................7
Tools and Techniques:...............................................................................................................8
Conclusion:................................................................................................................................9
References and Bibliography:..................................................................................................10
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Introduction:
The overall assessment aims in evaluating the portfolio management that has been
adopted by Origin Energy Ltd in their operations. Moreover, the relevant evaluation of the
requirements that is maintained by the project management is disusing the assessment. There
are relevant requirements such as situational context, evaluation, opportunities, threats,
development of plan, tools and techniques, which can help in determining the financial
performance of the organisation. There are certain criteria’s that has been evaluated to
understand the portfolio management measures that has been taken into consideration by the
organisation. Furthermore, adequate plan is developed for improving the performance of the
organisation in the long run.
Situational Context and Evaluation:
The introduction of portfolio management into the operations of the organisation will
be welcomed by the management of Origin Energy Ltd, as the company continuously
maintains adequate level of portfolios for securing their expenses. However, the company
does not have any kind of project portfolio management function, which helps in improving
quality of the project that is adopted by the management. The introduction of portfolio
management would mainly allow the management to detect correct valuation of the relevant
projects and the overall resources that would be required for completing the project and
increasing the overall income of the organisation. Operations of Origin Energy Ltd is relevant
high, which will require additional level of projects and larger size for maintaining the level
of operations and profitability for the organisation (Originenergy.com.au, 2019).
Origin Energy Ltd does not maintain a project portfolio management function within
its operations, which is used for analysing the comprehensive ability of the project. In
Sustainability  in Project Portfolio  Assessment 2022_3
SUSTAINABILITY IN PROJECT PORTFOLIO
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addition, the quality of projects that is required by the company will mainly increase, which
might help in improving the financial performance and revenue generation capability. Thus,
the implementation of the project portfolio management function would eventually help in
improving the level of projects that increase performance of the organisation in the long run.
The incorporation of sustainability criteria into its business decision making process
and its operations would directly allow the organisation to increase its social equity,
economic efficiency and environmental performance. The improvement of sustainability
criteria would eventually help in determining the appropriate level of financial performance
that would improve its productivity level. The above figure provides information about the
sustainability measure that is being implemented by Origin Energy Ltd for appropriately
supporting the programs that implement health, safety, and environmental strategies. The
sustainability measure that has been implemented by the organisation directly includes safety
such as mental health and physical wellbeing. Moreover, the sustainability program adopted
by Origin Energy Ltd has the capability of identifying economically, socially and
environmentally sustainable developments, which could improve their overall functionality
(Originenergy.com.au, 2019).
Sustainability  in Project Portfolio  Assessment 2022_4

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