PPMP20012 Project Management Principles and Practices Assignment

This assignment focuses on project management principles, emphasizing the importance of systems thinking. It explores project risks, quality management, planning, and evaluation within the context of PPMP20012. The assignment also delves into the phases of project management, including planning, implementation, and risk management, alongside the significance of quality assurance and continuous improvement. References to specific readings such as Kerzner (2013) and SEBoK materials are made to provide context and support the concepts presented. The assignment also explains the aspects of project management which includes project justification, cost benefit analysis and risk management. The assignment also discusses the importance of quality management and the non-functional requirements.

(
Insert Student Name) / (
Insert Student Number) - PPMP20012 Unit Portfolio for Week 1
Week 1 Topic: Explain the relevance of systems thinking to PM.
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:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part 7:
Systems
Engineering
Implementation
Examples
 Kerzner (2013)
Chapters 2.1; 2.6 -
2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
Project justification can
be explained by the
factors, such as project
appraisals, project
implementation, and
operations of the
assets. Project cash flow
is determined by the
project activities and
cost benefit analysis.
Preplanning and planning phases are included in the process of appraisal. Design
and construct equipment, and installation of equipment come under the
implementation phase.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
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(
Insert Student Name) / (
Insert Student Number) - PPMP20012 Unit Portfolio for Week 1
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;
There may be certain
risks and uncertainties
that may come up
during the project
timeline. There are risk
management strategies
that are present to
manage the project
risks.
Project evaluation can be done in various aspects, such as economic aspect is
determined by performing the cost benefit analysis on the project.
There are risk
management phases
that are executed as
risk identification, risk
analysis, risk evaluation,
risk treatment, and risk
monitoring and control.
The risks may be classified in the categories as physical, construction, design,
technology, operations, maintenance, training, financial, and revenue risks. The
aim of the project resources and managers is to reduce the risks.
Quality management is
one of the significant
aspects in the projects.
There are various non-
functional requirements
that must be fulfilled by
the project resources
during the project
timeline.
Quality is the non-functional requirement of the projects that includes planning,
assurance, and control activities. The process of continuous improvement is
implemented for maintaining and enhancing the project quality. There is a
continuous improvement plan that is prepared in the projects so that the
project resources have the guidelines on the project tasks and activities.
References
Gasik, S. (2015). An Analysis of Knowledge Management in PMBOK® Guide. [online] Sybena.pl. Available at:
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(
Insert Student Name) / (
Insert Student Number) - PPMP20012 Unit Portfolio for Week 1
http://www.sybena.pl/dokumenty/PM-World-Journal-2015-January-Gasik-Analysis-of-knowledge-management-in-PMBOK-Guide-PMI.pdf
[Accessed 24 Mar. 2018].
Kerzner, H. (2013). A Systems Approach to Planning, Scheduling, and Controlling. [online] Books.mec.biz. Available at:
https://books.mec.biz/tmp/books/55F1OL4WQC7HL2OBCGHS.pdf [Accessed 24 Mar. 2018].
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