CQUniversity PPMP20013 Week 4 Unit Portfolio: Estimating and Processes

This assignment is a student's week 4 portfolio for the PPMP20013 Project Management unit at CQUniversity. The portfolio focuses on defining and applying estimating processes and concepts within project management, emphasizing the importance of project, program, and portfolio management practices in asset-rich organizations. It explores the relevance of tools and techniques, such as MS Project, for project development and resource allocation, highlighting the significance of policy, information, and research in project justification, tenders, and contracts. The assignment also analyzes management strategies for ensuring safety, quality, and effective communication within project teams, referencing mandatory readings like Smith Chapters 7 and AS 4915-2002, and optional readings that provide real-world examples from the Brisbane Airport project. The portfolio covers topics like cost and resource management, policy standards, and the importance of teamwork and communication, supported by various references on project management.

(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 4
Week 4: Define and apply estimating processes and concepts to the project.
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 7;
 AS 4915-2002
Project
management -
General
conditions;
Optional Readings
 Engineering &
Construction
Risk Institute;
Case Study
 BMD
Constructions
Awarded Civil
Contract for the
Reclamation Phase
of the New Parallel
Runway at
Brisbane Airport
 Jan De Nul Group:
New parallel
runway for
Brisbane Airport
 Hall Contracting:
New Parallel
Runway Project
1. Review using clear
terminology the
key areas and
processes of
project, program
and portfolio
management
practices as applies
to asset rich
organisations.
The use of the project management is important for managing the outcome of
the project. It is needed to be concerned about that the project and the
portfolio management are different things. In the project management the
managing of the similar process is needed to be done. On the other hand in the
portfolio management, the managing of the different projects is needed to be
done.
The project management process also includes managing of the cost and the
resources. It has been seen that managing of the cost and resources in a proper
way will help the project team to deliver the project in proper time with
maintain the budget.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
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(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 4
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
 Jacobs Awarded
Contracts through
Brisbane Airport
Airside
 Airbiz: Aircraft
noise projections
Mandatory Readings
 Smith Chapters 7;
 AS 4915-2002
Project
management -
General
conditions;
Optional Readings
 Engineering &
Construction
Risk Institute;
Case Study
 BMD
Constructions
Awarded Civil
Contract for the
Reclamation Phase
of the New Parallel
Runway at
Brisbane Airport
 Jan De Nul Group:
New parallel
runway for
Brisbane Airport
 Hall Contracting:
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
status.
The tools and techniques used for the development of the project includes MS
project. Using these tools the proper allocation of the resources and the time for
the compilation can be achieved for the ach module of the project.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
2 of 7

(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 4
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
New Parallel
Runway Project
 Jacobs Awarded
Contracts through
Brisbane Airport
Airside
 Airbiz: Aircraft
noise projections
Mandatory Readings
 Smith Chapters 7;
 AS 4915-2002
Project
management -
General
conditions;
Optional Readings
 Engineering &
Construction
Risk Institute;
Case Study
 BMD
Constructions
Awarded Civil
Contract for the
Reclamation Phase
of the New Parallel
Runway at
Brisbane Airport
 Jan De Nul Group:
New parallel
runway for
3. Present and
interpret major
processes that are
based on sound
policy, information,
and research that
enable project
justification,
tenders, contracts,
and selection
criteria to occur in
an asset rich
organisation.
The management of the policy and the information are the important aspects of
the project management. Different standards can be used for maintain the
policy and the standard of the project. Some of these policies are ISO standard.
Apart from that the section of the right methodology is important for the
managing of the project.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
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(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 4
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
Brisbane Airport
 Hall Contracting:
New Parallel
Runway Project
 Jacobs Awarded
Contracts through
Brisbane Airport
Airside
 Airbiz: Aircraft
noise projections
Mandatory Readings
 Smith Chapters 7;
 AS 4915-2002
Project
management -
General
conditions;
Optional Readings
 Engineering &
Construction
Risk Institute;
Case Study
 BMD
Constructions
Awarded Civil
Contract for the
Reclamation Phase
of the New Parallel
Runway at
Brisbane Airport
 Jan De Nul Group:
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
decisions to
discontinue or
close projects.
The operational activities of the management includes maintain the delivery
time of the project along with maintain the resources of the project. The
allocation of the proper resources are needed to be done for each of the
modules in the project. Apart from that estimation of the budget is needed to
be made on the basis of the required resources.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
4 of 7

(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 4
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
New parallel
runway for
Brisbane Airport
 Hall Contracting:
New Parallel
Runway Project
 Jacobs Awarded
Contracts through
Brisbane Airport
Airside
 Airbiz: Aircraft
noise projections
Mandatory Readings
 Smith Chapters 7;
 AS 4915-2002
Project
management -
General
conditions;
Optional Readings
 Engineering &
Construction
Risk Institute;
Case Study
 BMD
Constructions
Awarded Civil
Contract for the
Reclamation Phase
of the New Parallel
Runway at
5. Demonstrate an
effective,
professional level
of teamwork and
communication and
support
collaborative peer
group learning.
Maintaining the proper communication among the team members is important
as it will help in the progress of the project in a positive way. Apart from that
due to the brain storming process the solution of the any problem can be
achived.
PPMP20013 Unit Profile
PPMP20013 Moodle
Web site
Have you any insights
you can add from other
units you have studies or
readings you’ve made?
5 of 7

(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 4
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
Brisbane Airport
 Jan De Nul Group:
New parallel
runway for
Brisbane Airport
 Hall Contracting:
New Parallel
Runway Project
 Jacobs Awarded
Contracts through
Brisbane Airport
Airside
 Airbiz: Aircraft
noise projections
References
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Nicholas, J. M., & Steyn, H. (2017). Project management for engineering, business and technology. Routledge.
Sánchez, M. A. (2015). Integrating sustainability issues into project management. Journal of Cleaner Production, 96, 319-330.
Serra, C. E. M., & Kunc, M. (2015). Benefits realisation management and its influence on project success and on the execution of business
strategies. International Journal of Project Management, 33(1), 53-66.
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(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 4
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