Varun Thatikonda - CQUniversity PPMP20012 Week 4 Portfolio

This report, submitted by Varun Thatikonda for the PPMP20012 unit at CQUniversity, explores the application of systems engineering concepts and methodologies in project management. The report discusses the importance of understanding different system types (situational, respondent, and system assets) and how system engineering helps in identifying and addressing potential problems within a project. It highlights the significance of verification and validation processes to ensure project elements meet client requirements and stakeholder expectations. The report also examines risks associated with concurrent engineering and identifies issues like system overlaps, reworks, and unexpected problems that can lead to cost overruns and schedule delays. References include Schwalbe (2015) and Svejvig & Andersen (2015). The report emphasizes the value of systems-level solutions for improving problem understanding and resolution, ultimately contributing to overall project and organizational success. This assignment is a valuable resource for students seeking to understand how to apply systems engineering principles to project management.

VARUN THATIKONDA / 12068175 - PPMP20012 Unit Portfolio for Week 4
Week 4 Topic: Describe how systems engineering concepts and methodologies can help a project manager
organise a project.
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
SEBoKhttp://
www.sebokwiki.org
•Part 2: Foundations of
Systems Engineering
-'Knowledge Area: Systems
Approach Applied to
Engineered Systems';
•Part 5: Enabling Systems
Engineering;
–Kerzner (2013) Chapters
1.21; 2.16-2.18; 17.18;
–AS/NZS 15288:2015
Chapter 6.1-6.2;
Optional Readings
AS ISO 21504:2016 Project,
programme and portfolio
management—Guidance on
portfolio management;
–Visit the PMI web site for
Portfolio Management -
http://www.pmi.org/Learni
ng/portfolio-
management.aspx
4. Describe how
systems engineering
concepts and
methodologies can
help a project
manager organise a
project
I have learned from the study learning materials of week 4 about the details of
whole system and its application is project and overall organizational success.
Three different types of systems are there such as situational system,
respondent system and system assets. In order to control the application and
other elements the system engineering concept and methodologies are very
essential. I have learned that in order to identify potential problems system
complexities are required to analyse first by the organizational project
managers. For some cases understanding opportunities and problems become
difficult for the project associates therefore, system solution may fail to resolve
problems at the initial stage. Though, in order to enhance the understanding for
both issues and solution for next problems system level solutions are very
helpful. I have learned that, verification and validation are the two different
stages must be followed to execute any project successfully within assigned
budget and timeline. Verification make sure that whether each of the project
elements are meeting the clients requirements or not. On the other hand, a
system will be identified as a validated one if it meets all the stakeholder’s
requirements and expectation.
I have gained knowledge regarding risks associated to concurrent engineering. I
have come to know that a project will face major issues due to the following
reasons:
 Extreme system over lapping
 Extreme reworks
 Unexpected issues
The above identified issues can collectively result issues of overrunning cost or
budget and schedule slippage.
PPMP 20012Program &
Portfolio Information
Systems Lecture 4 for
Week 4
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VARUN THATIKONDA / 12068175 - PPMP20012 Unit Portfolio for Week 4
References
Schwalbe, K. (2015). Information technology project management. Cengage Learning.
Svejvig, P., & Andersen, P. (2015). Rethinking project management: A structured literature review with a critical look at the brave new world. International
Journal of Project Management, 33(2), 278-290.
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