PPMP20012 Unit Portfolio: Week 1 - Relevance of Systems Thinking to PM
VerifiedAdded on 2022/12/27
|4
|1337
|68
Project
AI Summary
This project analyzes the relevance of systems thinking within project, program, and portfolio management, focusing on the PPMP20012 unit. The assignment explores how systems thinking aids in identifying and solving complex project problems by considering various sub-systems to achieve synergistic outputs. It defines programs and projects, emphasizing the importance of systems engineering in meeting stakeholder needs and ensuring project success. The document highlights the role of portfolio management in controlling and prioritizing programs. It also discusses the application of software like Oracle Primavera and Microsoft Project, alongside manual methods, to solve complex problems. Additionally, the project explains how systems thinking and systems engineering are used to enhance project outcomes by integrating systems approach and science. The assignment concludes by emphasizing the significance of both technical and managerial efforts, including the use of systems thinking, to avoid project failures and achieve long-term success.
1 out of 4