PPMP20011 Portfolio Week 1: Commercial Planning and Project Overview

Verified

Added on  2023/06/10

|4
|967
|222
Project
AI Summary
This portfolio, created for the PPMP20011 unit, focuses on commercial planning and commercial projects. It explores various contractual arrangements in government and non-government projects, emphasizing the understanding of building agreements, ICT, and managed services. The assignment delves into methods of project negotiation, conflict management, and stakeholder engagement, highlighting the importance of communication and collaboration in complex projects. It also examines the consequences of project delays, disruptions, and changes, along with methods for claims variations and contract entitlements, using the Chunnel Tunnel case study as an example. Furthermore, the portfolio analyzes project management tools for conflict resolution, referencing case studies like the Central Artery and Tunnel (CA/T) Project, and includes references to supporting literature such as PMBOK and other project management handbooks.
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 1
Weekly Portfolio Learning Table
Description of
topics including
reading samples
Learning
outcomes of the
unit
Learnings from your experience, this and prior unit
reading, assignments
Supporting
documentation
including your
prior learning
Week 1 Topic:
Commercial Planning
and Commercial
Projects.
Wikipedia article
Channel Tunnel;
Peña-Mora F., and
Tamaki T. 2001.
"Effect of Delivery
Systems on
Collaborative
Negotiations for
Large -Scale
Infrastructure
Projects”;
21 Apr 2016 Channel
Tunnel's unique
status confirmed;
29 June 2016 Brexit
negotiations: Four
ways to get a good
deal;
YouTube:
The Chunnel -
1. Describe the
operation of
diverse and
complex
government
and non-
government
project
contractual
arrangements
relevant to a
range of
managed
services, ICT,
and build
agreements.
The assignment experience helped me to understand the various types of
contractual agreements that are related to building agreements, ICT and a
number of managed devices. I came to understand the complex government as
well as non-government operations and how their expertise are listed. The
assessment also helped me to know about a number of contractual agreements.
(Snyder 2013)
1 of 4
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 1
Description of
topics including
reading samples
Learning
outcomes of the
unit
Learnings from your experience, this and prior unit
reading, assignments
Supporting
documentation
including your
prior learning
World's Longest
Underwater Tunnel -
History Channel.
3. Differentiate
methods of project
negotiation, conflict
management, and
stakeholder
engagement across
projects consisting of
differing technology
standards and asset
lifecycles.
After reading the assignments and the unit learning courses, I was able to make
out the difference between stakeholder engagement, conflict management and
project negotiation. I learnt about how the process of communicating
continuously to reach a joint agreement of ideas is necessary for complex
projects with a number of asset lifecycle and a number of technology standards.
I also understood the importance of stakeholder engagement and how it heps in
identifying and mitigating issues in an effective and balanced way. Due to the
complexity of the project, stakeholder engagement is also important as it affects
the people due to particular decisions taken by the institution.
(Larson and Gray 2015)
4. Explain and apply
methods of
identifying and
reconciling
inconsistent and
conflicting objectives
and drivers that
develop, maintain,
mange relationships
and communication
with key
After evaluating the unit, I understood the importance of addressing the various
conflicting and inconsistent objectives that are responsible fir managing,
marinating and developing communication and relationships. I learned about
the methods of confronting where the parties are asked to collaborate face to
face for an agreement. To reach a decision, both parties have to compromise
something in order to reach a satisfaction level. Moreover, I also learned about
the process of smoothing, avoiding and forcing if the issue turns out to be a win
lose situation.
(Turner 2014)
2 of 4
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 1
Description of
topics including
reading samples
Learning
outcomes of the
unit
Learnings from your experience, this and prior unit
reading, assignments
Supporting
documentation
including your
prior learning
stakeholders.
5. Explain the
consequences of
project delays,
disruptions, and
changes to planned
activities and the
methods for claims
variations, liquidated
damages, contract
entitlements, and
arbitration.
After prior reading of the assignment, I got a sound idea about the list of causes
of project disruptions and delays. The delays can be caused by the client,
contractor, consultant, lack of material and equipment, labours and external
factors. The Chunnel Tunnel case helped me to assess the various consequences
of the project delays such as lack of proper negotiation, dispute, cost overrun
and time overrun. I also came to know about the various methods of claim
variations such as risk, shared contracts and owner practices. The methods of
contract entitlement also helped me to learn several types of contracts such as
period, verbal and written contracts.
(Burke 2013)
6. Evaluate project
management tools
that help avoid or
provide conflict
resolution via
negotiated solutions.
The case study of Central Artery and Tunnel (CA/T) Project helped me to
understand the various types of management tools that are used to address
conflicts and bring up solutions through negotiations. The case study helped me
to assess the various types of tools that were used such as JIRA, Basecamp and
Scoro. I was impressed by how the tools helped not to solve the symptoms but
the underlying problem in general.
(Larson and Gray 2015)
3 of 4
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20011 Unit Portfolio for Week 1
References
Larson, E.W. and Gray, C.F., 2015. A Guide to the Project Management Body of Knowledge: PMBOK (®) Guide. Project Management Institute.
Snyder, C., 2013. A User's Manual to the PMBOK Guide. Wiley.
Turner, J.R., 2014. Handbook of project-based management(Vol. 92). New York, NY: McGraw-hill.
Burke, R., 2013. Project management: planning and control techniques. New Jersey, USA.
4 of 4
chevron_up_icon
1 out of 4
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]