PPMP20013 Portfolio - Week 9: Managing Change, Disputes, Arbitration

This portfolio assignment for PPMP20013, focuses on managing change, disputes, arbitration, and mediation within the context of project, program, and portfolio management. The report reviews key areas and processes relevant to asset-rich organizations, including asset allocation, enhancement, and rebalancing. It explores tools and techniques for investigating project processes, such as cost correlation and capital spending aggregation, alongside degree of profitability calculations. The assignment also presents major processes for project justification, tenders, contracts, and selection criteria, emphasizing tender procedures and contract administration. Furthermore, it critically analyzes management strategies for ensuring safety, quality, and risk management, including identifying trends, implementing adjustments, and managing risks and quality. Finally, it demonstrates effective teamwork, communication, and collaborative learning, highlighting the importance of change management and its impact on project outcomes, supported by relevant references. The report includes insights from other units and readings.

(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 9
Week 9: Manage change, disputes, arbitration and mediation.
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 4,
15 & 20;
Optional Readings
 Pinto, J. K. &
Kharbanda, O. P.
(1995);
 Diekmann, J. E. &
Girard, M. (1995).
Case Study
 QBCC.
1. Review using clear
terminology the key
areas and processes of
project, program and
portfolio management
practices as applies to
asset rich
organisations.
Asset allocation: long term asset mix has been one of the way to compelling
portfolio management that has been founded on the learning about the diverse
kinds of the advantages and their tendency of instability and show.
Enhancement: it is a procedure of distinguishing the expansive extent of the
recognized resources or class of the assets that has been a spreading of the
prizes and dangers among the resource class.
Rebalancing: Returning the portfolio into genuine target area inside an interim
of a year can be portrayed as the key performing artist for the PPPM. Pondering
the financial specialist's arrival or hazard profile is an essential perspective for
the holding the asset mix.
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?
Mandatory Readings
 Smith Chapters 4,
15 & 20;
Optional Readings
 Pinto, J. K. &
Kharbanda, O. P.
(1995);
 Diekmann, J. E. &
Girard, M. (1995).
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
Proportionate yearly cost correlation: this examination is useful in
looking at the quantitative estimation of the cost examination and
dealing with alternate requirements in light of this finding.
Accumulating the capital spending: capital spending aggregation is
dependably a viable approach towards breaking down the present
estimation of the protected innovation and resources accessibility to the
association.
Degree of profitability computations: It is an estimation of the resulting
in the increased rate through the speculation made all through the
project lifecycle that on the other hand helps in dealing with the asset
lifecycle
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PPMP20013 Moodle
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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 9
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
Case Study
 QBCC.
facilities and
equipment within the
context of their
technological and
asset lifecycle status.
Mandatory Readings
 Smith Chapters 4,
15 & 20;
Optional Readings
 Pinto, J. K. &
Kharbanda, O. P.
(1995);
 Diekmann, J. E. &
Girard, M. (1995).
Case Study
 QBCC.
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.
Following are the significant procedures engaged with the areas stated in the
inquiry:
Deciding the tender procedure that will emphasize upon the selecting tendering,
opening tender, multi-arrange tendering, and welcomed tendering.
Asking for the planning of the tender, tenders being as of now welcomed,
reaction of the providers, Selection after assessment, questioning in the wake of
informing about the tender, lastly, contracts foundation and administration.
These procedures can assume exceptionally critical part in the satisfaction of the
prerequisites those are important for the venture empowering, contracts,
tenders, support and determination criteria.
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?
Mandatory Readings
 Smith Chapters 4,
15 & 20;
Optional Readings
 Pinto, J. K. &
Kharbanda, O. P.
(1995);
 Diekmann, J. E. &
Girard, M. (1995).
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
Following are a portion of the operational exercises administration systems
those could be useful in contributing the administration of the limitations
specified in the left section:
Distinguishing the rising patterns, and Gaps is a powerful approach towards the
estimation of the techniques those can drag the project towards progress.
Execution of the adjustments in smooth way: Changes are the conduct in the
project and ought to be actualized inside the undertaking in way rouse them
towards the set destinations and objectives.
Task assessment helps in distinguishing the proficiency and adequacy of the
undertaking those should be controlled for the valuable conveyance of the
PPMP20013 Unit Profile
PPMP20013 Moodle
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Have you any insights
you can add from other
units you have studies or
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(Insert Student Name) / (Insert Student Number) - PPMP20013 Unit Portfolio for Week 9
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
Case Study
 QBCC.
decisions to
discontinue or close
projects.
project
Hazard Management helps in dealing with the effect of the dangers at the base
level
Quality Management guarantees that the conveyance of the undertaking is of
high value and quality
Mandatory Readings
 Smith Chapters 4,
15 & 20;
Optional Readings
 Pinto, J. K. &
Kharbanda, O. P.
(1995);
 Diekmann, J. E. &
Girard, M. (1995).
Case Study
 QBCC.
5. Demonstrate an
effective,
professional level of
teamwork and
communication and
support collaborative
peer group learning.
As said above, changes are constantly suitable approach towards inspiring the
conveyance of the project according to the normal yield and conveyances.
Notwithstanding, it has two points of view on which the whole change can be
transformed into a benefit or catastrophe. Legitimate administration systems
can lead towards the effective execution of the change and bring out important
positive results. Then again, if the distinguished change acquires question the
task conveyance it can be turned towards the lawful frameworks and courts.
Consequently, thought of the successful and effective approach is most
significant viewpoint in the general conveyance of this undertaking.
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 9
References
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Muller, R. (2017). Project governance. Routledge.
Schwalbe, K. (2015). Information technology project management. Cengage Learning.
Turner, R. (2016). Gower handbook of project management. Routledge.
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