Project Management: Consolidated Portfolio - [University Name]

This consolidated portfolio provides an overview of key concepts in project management. It begins with an introduction to project characteristics, phases (initiation, planning, execution, monitoring/controlling, and closing), and the importance of effective project management. The portfolio then delves into three learning outcomes. The first discusses the relationship between system engineering and project management, highlighting their overlaps and the need for strong communication. The second focuses on the vital role of project managers, emphasizing their leadership, the impact of application systems on project efficiency, and the importance of choosing the right application. The third learning outcome explores the benefits and complexities of application systems in managing projects. The conclusion emphasizes the course's contribution to understanding project management, particularly the use of application systems for control, communication, and risk management. References to relevant academic sources are included.

Running head: CONSOLIDATED PORTFOLIO
Consolidated Portfolio
[Name of the Student]
[Name of the University]
[Author note]

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Introduction:
Project is something which is temporary in nature, which is generally defined from
the beginning to the end of time and besides this there also exists a well defined scope and
resources as well. Each project is unique in nature and there is no such routine operations.
But despite of this there exists a specific set of operations which are generally designed in
order to accomplish a particular goal. In a project team there exists a group of people who
don’t usually work together or might be belonging to some other organization or might be
present in different geographical locations. It is necessary to manage a project expertly so as
to deliver the desired outcome in time, within the budget and a good outcome. Project
management is the process associated with managing the projects which includes the
application of knowledge, skills, tools and techniques so as to conduct the project activities in
order to meet the requirements.
Each project generally consists of 5 phases. Firstly comes the initiation of the project
which is followed by the planning phase of the project. Once the planning phase is completed
comes the execution phase where all the plans are executed. Once executed in the monitoring
and controlling phase all the activities of the project are monitored and controlled lastly
comes the closing phase where the project comes to an end and the final outcome is
delivered. In this consolidated portfolio a discussion has been conducted regarding the
learning and the knowledge that has been gained from the course conducted in last few
weeks.

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Learning outcome 1
Summary
There exists no standard relationship between the system engineering and project
management. This is mainly due to the reason that there exists a great deal of overlap. This
two discipline might be disjoint or partially intersecting or might be seen to be a subset of one
another and this is entirely dependent upon the environment of the project and the
organization which is conducting the project. Despite of having no standard relationship the
project managers and the system engineers are associated with the encompassing of the
technical as well as the managerial leaderships existing in a project between them. This in
turn requires the enterprise of each project manager and the system engineers to work on
particular details for their own context. Besides it is also essential for any kind of project to
have an effective communication between the project manager and the system engineer. This
efficient communication is needed so as to accomplish the mission in an easy way.
Communication of this type generally needs to be established in the early stage of the project
and should occur at frequent intervals.
Learning outcome 2
Summary
Project managers are associated with playing a vital role in the delivering of the
projects. The project manager is the individual who is associated with leading and managing
the entire team associated with the project. Besides this the Project manager is having the
authority and responsibility of running the entire project on a day-to-day basis. Besides this it
is generally seen that the usage of the application systems by the project has turned out to be
a revolutionary addition in the field of project management. This addition has made it very

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convenient fro the project managers to handle the project in an efficient way. Selection of the
proper application system for a particular project is very important as this heps in the
determination of the success of fact if the project would become successful or unsuccessful.
In case if the application is not chosen properly then it might lead to wastage of time as well
as resources by trying to handle the application system. So it is essential to understand the
project first in order to choose the system application. Project managers are capable of
controlling the project by selection of proper application control. Besides this there exists
several tools in a particular application system which helps in reporting of the capabilities of
he project manager so as turn the data fed to the system into meaningful information. Turning
of the data into a meaningful information wold be assisting the project managers in taking the
right decisions. Besides this selection of proper application system would also help in
managing the complexities that exists in a particular project along with tracking each and
every stage of project life cycle. But the real game player is the internet connectivity of the
application system which is associated with providing real time reporting along with the
updating of the data.
Learning outcome 3
Summary
Application systems have been associated with helping in understanding the project
management in a better way. Besides this the application systems are generally used in
managing the projects as this makes the managing of the projects very easy along with
depicting the various kind of benefits that the project managers would be getting due to the
usage of the application systems. A very vital role is played is the played by the application
system in any kind of project because of the handling capabilities that they are having for
addressing the various kind of aspects included in a project. Application system can be

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complicated as well as simple so it is essential for the project managers to choose the
appropriate application system. Failure might occur in a project if a complicated application
system is chosen for a simple project as this might lead to higher rate of complications.
There exists various kind of tools in an application system. Besides this it is seen that the
application systems are also complex like the complexness of the project. This complexity
can be eliminated if the scope and the complexity of the project is understood and the
application system is chosen depending upon the input.
Conclusion
The course conducted in the last few weeks helped in understanding the various
aspects of project management. One of the important aspect of project management is the
usage of the application systems. Besides this it also helped in understanding the fact the the
project application systems is one of the great way which is used by eth project managers for
the purpose of managing the project and also keeping the project within control. The major
reason for this is because of the fact that the project managers are capable of monitoring,
tracking, executing, managing the risks and many more. Besides this the usage of the
application system helps in the communication between various stakeholders along with the
setting of the budget for the project. Due to all this reason the application system is generally
considered to be a boon for any of the project managers as this helps in elimination or
controlling of the various kind of complexities. The course also helped in learning the fact
that a application system can be complex as well as simple.

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References:
Badiru, A. B., & Osisanya, S. O. (2016). Project management for the oil and gas industry: a
world system approach. CRC Press.
Braglia, M., & Frosolini, M. (2014). An integrated approach to implement project
management information systems within the extended enterprise. International
Journal of Project Management, 32(1), 18-29.
Cavanagh, M. (2017). Second order project management. Routledge.
Harris, E. (2017). Strategic project risk appraisal and management. Routledge.
Harrison, F., & Lock, D. (2017). Advanced project management: a structured approach.
Routledge.
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Laudon, K. C., & Laudon, J. P. (2015). Management information systems (Vol. 8). Prentice
Hall.
Nicholas, J. M., & Steyn, H. (2017). Project management for engineering, business and
technology. Routledge.
Turner, R. (2016). Gower handbook of project management. Routledge.
Walker, A. (2015). Project management in construction. John Wiley & Sons.

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Appendix: