PPMP20012: PM Application Systems in Knowledge Management & Decision

This report discusses how project management (PM) application systems can lead to effective PM knowledge management and decision-making. It references the project management life cycle, emphasizing system integration, verification, and validation. The report highlights the role of application systems in developing interrelations between processes and organizing them, leading to more accurate decision-making by processing raw information and identifying critical data. Knowledge management is crucial for understanding project aspects and challenges, such as delays, budget overruns, and requirement changes. The report also acknowledges the limitations of software accuracy and the importance of project managers' perceptions in successful decision-making, citing various sources and standards in project management and systems engineering.

(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 6
Week 6: Describe how the use of PM application systems can lead to effective PM knowledge management
and decision making.
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
 SEBoK
 Part 3: Systems
Engineering and
Management:
Knowledge Area:
Systems
Realization;
 Part 3: Systems
Engineering and
Management:
Knowledge Area:
Systems
Deployment and
Use;
 Part 3: Systems
Engineering and
Management:
Knowledge Area:
Systems
Engineering
Management;
 Part 3: Systems
Engineering and
Management:
Knowledge Area:
Product and
Service Life
1. Life cycle model of
the project
management
consists of series of
stages and each
stages is related to
each other.
2. There are different
approaches of the
life cycle models.
3. During the
implementation of
the life cycle
process, the whole
process should
contain system
integration,
verification and
validation part..
4. The potential of the
process life cycle
falls into three
categories-pre-
specified sequential
process,
evolutionary and
The application system in the project management are the tools which helps to
develop the interrelations between the processes and helps to organise the
processes.
The application software has certain impacts on the decision making process.
The accurate system software will help the project managers to indicate the
right decision making by processing the raw information. It will also help to
indentify the difference between important and non-critical data. The data can
be sorted using these system application (Kerzner,2013). It will help to save the
time and the cost of the project management process. The application software
will process the different knowledge areas and will fetch the information from
the each stages (SEBoK, 2018). The sorted information will be regarded as
relevant in the project management and decision making process The
knowledge management helps to understand the different possible aspects of
the project. There are certain challenges that may occur during the realization of
the project such as unexpected delay in the implementation of the project, the
project may run out of the estimated budget and the sudden changes in the
requirements in the middle of the compilation of the project. In order to
eliminate all those challenges certain standardizations like six sigma can be
considered as the parameter of the evaluation of the scope of the project. The
information are the raw materials for the decision making process. There are
various applications and services provided by the software giants which process
the information and helps the organizations and project managers in the
decision making process (Nejib, Beyer & Yakabovicz,2017). These software
companies claim that their software are accurate in the processing of the
information (Al-Mamary, Shamsuddin & Abdul Hamid,2013). However, it has
been found out no system or the software can be accurate, the successful
Brioso, X. (2015).
Integrating ISO 21500
guidance on project
management, lean
construction and
PMBOK. Procedia
Engineering, 123, 76-84.
Hornstein, H. A. (2015).
The integration of project
management and
organizational change
management is now a
necessity. International
Journal of Project
Management, 33(2), 291-
298.
Mir, F. A., & Pinnington,
A. H. (2014). Exploring
the value of project
management: linking
project management
performance and project
success. International
journal of project
management, 32(2), 202-
217.
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(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 6
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
Management;
 Part 3: Systems
Engineering and
Management:
Knowledge Area:
Systems
Engineering
Standards;
 Kerzner (2013)
Chapters 23;
 AS/NZS
15288:2015
Annex E
Optional Readings
 AS ISO
21504:2016
Web Sites
 YouTube: What is
Portfolio
Management vs.
Project
Management?
concurrent process,
interpersonal
process.
5. All the project
managers should
be concerned
about the fact that
all the elements of
the technical
aspects and
managerial aspects
are synchronized in
a right way.
decision making also depends on the perception of the project managers. Moraes, A. J. (2016,
January). Customization
of Project Management
techniques for the
construction of IT-
Information Technology
Systems with the
Development
Methodologies known as
Agile Processes
(Customização das
técnicas de
Gerenciamento de
Projetos para a
construção de Sistemas
de TI-Tecnologia da
Informação com as
Metodologias de
Desenvolvimento
conhecidas como
Processos Ágeis).
In WMSCI'16—20a.
Multi-Conferência
Mundial em Sistemas,
Cibernética e
Informática), IIIS-
International Institute of
Informatics and
Systemics (Instituto
Internacional de
Informática e Sistemas),
Proceedings (Anais).
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(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 6
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
References
Al-Mamary, Y. H., Shamsuddin, A., & Abdul Hamid, N. A. (2013). The impact of management information systems adoption in managerial decision making: A
review. Management Information Systems, 8(4), 010-017.
Kerzner, H. (2013). Project Management: A Systems Approach to Planning, Scheduling and Controlling. 2006. Editorial John Wiley, Hoboken, New Jersey,
ISBN, 471225770.
Nejib, P., Beyer, D., & Yakabovicz, E. (2017, July). Systems Security Engineering: What Every System Engineer Needs to Know. In INCOSE International
Symposium (Vol. 27, No. 1, pp. 434-445).
SEBoK, S. (2018). SEBoK. Retrieved from http://www.sebokwiki.org
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