PPMP20012 Unit Portfolio: Knowledge Management via PM Applications

This report delves into the pivotal role of project management (PM) application systems in fostering effective knowledge management and informed decision-making within projects. It highlights how these systems facilitate the establishment and refinement of project strategies, ensuring alignment with objectives and goals. The report underscores the importance of knowledge management in understanding project-related information and individual expertise, emphasizing its contribution to overall project output and production. Furthermore, it explores the interplay between personal and professional development and how both can be leveraged for organizational success and project advancement. The document also examines how PM application systems empower project managers to effectively manage stakeholder roles and responsibilities, ensuring that individuals are assigned tasks aligned with their knowledge and skills, ultimately leading to successful project delivery. The integration of knowledge and project management, facilitated by these systems, is presented as a key driver of organizational productivity and output.

(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
Describe how the use of
project management
(PM) application
systems can lead to
effective PM knowledge
management and
decision making.
Project management application can be helpful in establishing and fixing the
strategies those could be utilized for the growth and development of the project
however; knowledge management is another crucial aspect for the delivery of
the project and it needs to be considered while taking decisions and assuring
that the project is on the track and will accomplish all the objectives and goals of
the project. The project management Knowledge management allows the
stakeholders to effectively and efficiently understand the aspects related to the
information and the knowledge of the individual and how it could be utilized for
the overall output and production of the project being delivered. Personal
development and professional development both are interrelated to each other
and thus, both of them can be utilized for the proper and efficient functioning of
the organization and delivering the best results and contribution in the growth
and development of the project. project management application system allows
the project manager to manage the roles and responsibilities of the entire
stakeholders involved in the project growth and development and thus, assuring
that every individual is capable of handling their respective of the work as per
their knowledge standard and could possibly lead to the successful and efficient
delivery of the project.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Project management
systems can effectively
and efficiently led to the
integration of the
knowledge and project
management within a
project that can
alternatively reflect in
the overall production
and output of the
organization.
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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?
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(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 6
References
Danesh, D., Ryan, M.J. and Abbasi, A., 2015. Using Analytic Hierarchy Process as a Decision-Making Tool in Project Portfolio Management. World Academy
of Science, Engineering and Technology, International Journal of Social, Behavioral, Educational, Economic, Business and Industrial Engineering, 9(12),
pp.4194-4204.
Kokshagina, O., Le Masson, P., Weil, B. and Cogez, P., 2016. Portfolio Management in Double Unknown Situations: Technological Platforms and the Role of
Cross Application Managers.‐ Creativity and Innovation Management, 25(2), pp.270-291.
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