PPMP20011 Portfolio: Project Management Standards and Frameworks

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Added on 2023/05/27

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This PPMP20011 portfolio assignment focuses on applying project management standards and frameworks, particularly in the context of commercial negotiation. It evaluates project management tools for conflict resolution and explores the role of a 'PraXitioner' in project management. The portfolio answers specific questions related to the impact of project management standards on commercial negotiation, the reasonableness of conclusions regarding commercial negotiation, and the importance of PraXitioners in the field. It also discusses the potential future shortage of skilled PraXitioners and whether RBP (presumably Results-Based Project management) is a good framework for commercial project negotiation. The assignment references Walker & Walker's 'Collaborative Project Procurement Arrangements' and Kerzner's 'Project Management: A Systems Approach,' alongside other sources.

(Insert Student Name) / (Insert Student Number) - PPMP20011 Portfolio template for Week 9
PPMP20011 Portfolio Template – Week 9
Description of
topics including
reading samples
Learning outcomes
of the unit
Learnings from your experience, this and prior unit reading,
assignments
Supporting
documentation
including your prior
learning
Week 9 Topic: Applying
Project Management
Standards and
Frameworks.
Collaborative Project
Procurement
Arrangements (2015)
by Derek H. T. Walker
and Beverly M. Lloyd
Walker;
6. Evaluate project
management tools
that help avoid or
provide conflict
resolution via
negotiated solutions.
The objective of this week’s topic is to make sure you have an appreciation of
the Role of the Project Manager in Commercial Negotiation.
Try to ask yourself the questions that were in the slides in this week’s lecture:
1. In what way would Project Management Standards and Frameworks
impact on Commercial Negotiation?
It is found that both the project management standards as well as frameworks
generally helps in creating huge impact on the commercial project negotiation It
is found that with the help of proper project management standards as well as
frameworks, the entire work that is mainly associated with the commercial
project negotiation can be managed quite effectively. If the frameworks as well
as standards are not utilized properly then it generally can cause huge impact on
the project negotiation.
Walker & Walker (2015) discuss the general thrust of this investigation in
Chapter 7 (p 137) what are your thoughts regarding:
2. Do the conclusions in Chapter 7 p 137 seem reasonable to you?
It is found that the conclusion that is mainly provided with chapter 7 is
considered to be very much reasonable as well as helpful in properly elaborating
the concept of commercial negotiation in context to the private organizations as
well as government organizations.
Walker & Walker (2015) then in Chapter 7talk about a “PraXitioner” what are
your thoughts regarding:
3. Do you agree with the authors that a PraXitioner is the way forward?
Yes, I agree that a PraXitioner’s is always a way forward. This is mainly because
this entire unit generally helps in providing proper information as well as details
Peña-Mora F., and
Tamaki T. 2001. "Effect of
Delivery Systems on
Collaborative
Negotiations for Large -
Scale Infrastructure
Projects”. Journal of
Management in
Engineering. April 2001
pp.105-121
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(Insert Student Name) / (Insert Student Number) - PPMP20011 Portfolio template for Week 9
Description of
topics including
reading samples
Learning outcomes
of the unit
Learnings from your experience, this and prior unit reading,
assignments
Supporting
documentation
including your prior
learning
that are generally associated with the PraXitioner. Furthermore, they are
considered are the person who are generally responsible for undertaking the
work that is associated with the project effectively and thus they are mainly
considered as quite helpful for the project. Moreover, the ways or strategies
that are used by them are very much helpful in handling the work of the project.
Continuing the theme of the PraXitioner Walker and Walker look at Implications
for PM Education and Skills; what are your thoughts regarding:
4. Do you think that there will be a future shortage of good PraXitioner’s
in Commercial Negotiation situations?
According to my analysis, in the future, there will be a shortage of proper
PraXitioner’s for dealing with the commercial negotiation related situations. For
minimizing this issue, it is quite necessary to give proper facility of training to
the PraXitioner’s so that they can properly deal with commercial negotiation.
Furthermore, the certificate in context to career guidance theory must be
provided for providing proper facility of information as well as information in
order to deal with such type of situations. Additionally, it is found that
In the last part of Chapter 7 is a Summary of the Walker and Walker book; what
are your thoughts regarding:
5. Do you agree with the authors?
Yes, I agree with the authors.
6. Do you think that RBP is a good framework for Commercial Project
Negotiation?
Yes, according to me, RBP is one of the good frameworks that are quite helpful
in commercial negotiation of project. It is found that RBP helps in drafting both
the initial as well as final project proposal that further helps in outlining the
scope of the project, its deliverables as well as timeframes of the project. Thus,
it is found that with the help of the RBP forms, the commercial project
negotiation can be performed quite effectively.
In conclusion to this week:
7. Do the ideas in Chapter 7 help in structuring your thoughts around
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