PPMP20011 Unit Portfolio: Stakeholder Commercial vs Political

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Added on  2023/06/11

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This portfolio assignment delves into the critical aspects of stakeholder management within project environments, specifically focusing on the management of stakeholders' commercial and political interests. The assignment reflects on methodologies for stakeholder engagement, project negotiation, and conflict management, referencing real-world examples such as the Chunnel project to illustrate these concepts. It also addresses the consequences of project delays and explores various project management tools, including Gantt charts and PERT charts, highlighting their role in conflict resolution and project success. The portfolio emphasizes the importance of continuous communication and the reconciliation of conflicting objectives in maintaining effective stakeholder relationships.
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 4
Weekly Portfolio Learning Table
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 4 Topic:
Managing
Stakeholders'
Commercial Interests
vs. Stakeholders'
Political Interests.
Collaborative Project
Procurement
Arrangements
(2015) by Derek H. T.
Walker and Beverly
M. Lloyd Walker;
3. Differentiate
methods of project
negotiation, conflict
management, and
stakeholder
engagement across
projects consisting of
differing technology
standards and asset
lifecycles.
In this assignment, I learned about the methodologies of stakeholder
engagement, project negotiation and conflict management. I was part of a
project related to the construction of a bridge and it helped me to assess the
different technologies that are involved in making a project. I also researched
about this topic and came to a research article on the case studies of various
project management systems. The Chunel project helped me to understand and
evaluate the various methods that are utilized in maintain a project cycle.
Anbari F.T., Giammalvo
P., Jaffe P.,
Letavec C., and
Merchant R.
(Date
Unknown)
“The Chunnel
Project”. PMI
Case Studies in
Project
Management.
http://www.p
mi.org/~/medi
a/PDF/Academ
ic/case
%20studies/Ch
unnel
%20Project.as
hx Visited
…../…/…
Are any of the
activities above
relevant to your
reflections for the
4. Explain and apply
methods of
identifying and
In this assessment, I learned the methods to address conflicting project
objectives and the methods by which the stakeholder relationships can be
maintained. I learned about the identification process of various target groups
and understood why continuous communication in a project is necessary.
Peña-Mora F., and
Tamaki T.
2001. "Effect
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Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 4
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
learning outcomes
on the right?
reconciling
inconsistent and
conflicting objectives
and drivers that
develop, maintain,
mange relationships
and communication
with key
stakeholders.
of Delivery
Systems on
Collaborative
Negotiations
for Large -
Scale
Infrastructure
Projects”.
Journal of
Management
in Engineering.
Vol:April 2001
pp.105-121
Are any of the
activities above
relevant to your
reflections for the
learning outcomes
on the right?
5. Explain the
consequences of
project delays,
disruptions, and
changes to planned
activities and the
methods for claims
variations, liquidated
damages, contract
entitlements, and
arbitration.
This assessment helped me to assess the consequences of project delays and
helped me to evaluate the process by which claims are made for contract
arbitrations, entitlements and variations. I understood that the delays result in
a lot of issues for several project sites. Negative effects such as contract
termination, contractors, loss of productivity and increased costs were
investigated and evaluated.
Kerzner H. 2013.
Project
Management:
A Systems
Approach to
Planning,
Scheduling,
and Control,
11th Edition.
Hoboken, USA:
John Wiley &
Sons.
Are any of the
activities above
6. Evaluate project
management tools
The assessment helped me to come across various management tools during my
research process. It helped me to analyse how the systems were used in
PMI. 2013a. A Guide to
the Project
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Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 4
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
relevant to your
reflections for the
learning outcomes
on the right?
that help avoid or
provide conflict
resolution via
negotiated solutions.
avoiding conflicting situations through negotiations. I learned about Gantt chart,
logic networks, PERT chart, PBS or product breakdown structure and more.
Management
Body of
Knowledge
(PMBOK
Guide) 5th
Edition. USA:
Project
Management
Institute.
3 of 4
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 4
References
Anbari F.T., Giammalvo P., Jaffe P., Letavec C., and Merchant R. (Date Unknown) “The Chunnel Project”. PMI Case Studies in Project Management.
http://www.pmi.org/~/media/PDF/Academic/case%20studies/Chunnel%20Project.ashx Visited …../…/…
Kerzner H. 2013. Project Management: A Systems Approach to Planning, Scheduling, and Control, 11th Edition. Hoboken, USA: John Wiley & Sons.
Peña-Mora F., and Tamaki T. 2001. "Effect of Delivery Systems on Collaborative Negotiations for Large -Scale Infrastructure Projects”. Journal of
Management in Engineering. Vol:April 2001 pp.105-121
PMI. 2013a. A Guide to the Project Management Body of Knowledge (PMBOK Guide) 5th Edition. USA: Project Management Institute.
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