Project Management: Weekly Portfolio Learning, Analysis, and Insights

This report focuses on project management, emphasizing continuous improvement, quality management, and project planning. It references essential documents such as the Project Management Institute (PMI) and Kerzner's work. The report explores the significance of a Work Breakdown Structure (WBS), the importance of quality management plans, and the role of configuration management. It highlights the need for integrating continuous improvement in project tasks, developing project specifications, and adhering to ISO 9000 standards. The report also touches upon change management plans and project charters, and discusses the role of senior managers and executives in project execution. The overall goal is to demonstrate how to achieve and maintain continuous improvements in projects.

Weekly Portfolio Learning Table
Topic and reading
samples
Personal learnings Learnings from experience. References
Continuous
Improvement
The projects that are executed
must make sure that the
approach of continuous
improvement is included in the
project tasks and activities.
Project specifications are
developed using the business
cases and user experiences.
Bumblauskas, D. (2017).
Continuous improvement
project selection and
execution. [online]
Available at:
https://www.pomsmeetin
gs.org/confpapers/060/06
0-0146.pdf [Accessed 3
Sep. 2017].
Kerzner Chapters
11.9-11.14, 11.22-
11.29
Quality Management Plan
shall be developed which
should include the components
of quality into the product
itself. Taguchi approach shall
be used to make sure that
complete adherence to the
target is maintained.
Work Breakdown Structure is
designed by determining the
set of activities that are to be
implemented in a hierarchical
order. The decomposition
challenges may include
incorrect estimations and
breaking up of the activities.
Kerzner, H. (2009).
Project Management: A
Systems Approach to
Planning, Scheduling,
and Controlling. [online]
Available at:
http://honestyets.pbworks
.com/f/Project+Managem
ent+-
+A+Systems+Approach+
-+10thEd.pdf [Accessed
3 Sep. 2017].
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Topic and reading
samples
Personal learnings Learnings from experience. References
ISO 9000 standards and its
version have been defined to
maintain quality in the
projects.
Senior manager is required to
control and monitor the
projects and is an important
resource. Executive is
responsible for administrative
and operational activities.
Pmi (2017). Project
Management Institute -
Project Management
Certifications India.
[online] Pmi.org.in.
Available at:
http://www.pmi.org.in/
[Accessed 3 Sep. 2017].
Journals &
Standards
 IJPM The management must work
towards overall project
improvement and must also
include the change
management plan by including
phases such as planning,
management and sustaining of
the changes.
The projects that are
outsourced to a third part are
an example where somebody
else owns the project. The
activities are carried out as per
the methodology and technique
that is applicable.
 PMJ
 SAI Global Project plan must include
project goals, scope, budget,
schedule, communication
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Topic and reading
samples
Personal learnings Learnings from experience. References
guidelines, stakeholder register
and team charter. Project
charter is a document that shall
be designed in the initiation
phase using the initial
information provided for the
project.
SOW is the Statement of Work
that is designed for specifying
project related activities,
deliverables and schedule.
Configuration Management is
one of the sub-systems under
project management which is
used to manage the versions,
performance, functions and
deliverables.
Project methodology can
enhance project planning by
providing the guidelines and
adequate steps for the phase.
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