PPMP20012: Consolidated Portfolio of Project Management Methodologies

This assignment presents a consolidated portfolio evaluating various aspects of project management methodologies through ten weekly portfolios. It assesses learning outcomes related to project, program, and portfolio management (PPPM) application systems, including comparing manual and electronic systems, identifying their role in monitoring performance and managing changes, proposing suitable applications for different industries, and discussing contemporary developments. Each learning outcome is supported by a summary and evidence section, justifying the choice of PPPM applications. The portfolio covers topics such as systems thinking, project success factors, organizational maturity levels, and the financial aspects of project selection, providing a comprehensive overview of project management principles and practices. Desklib provides access to similar solved assignments and resources for students.

PROJECT MANAGEMENT METHODOLOGIES
Consolidated Portfolio
STUDENT NAME: <insert>
STUDENT ID: <insert>
LECTURER: <insert>
CAMPUS: <insert>
TERM: 1, 2018

Table of contents
1 Introduction...................................................................................................................................3
2 Course Learning Outcomes...........................................................................................................3
Learning Outcome 1: Compare and contrast the advantages and disadvantages of different manual
and electronic project, program and portfolio (PPPM) application systems within each PPPM
knowledge area over the life cycle of a project, program or portfolio...............................................3
Learning Outcome 2: Identify how project, program and portfolio (PPPM) application systems can
assist project managers to monitor performance and manage changes within a project.....................4
Learning outcome 3: Propose appropriate project, program and portfolio (PPPM) application
systems to support successful project, program and portfolio execution in different industry
domains.............................................................................................................................................4
Learning outcome 4: Discuss contemporary developments in the use of project, program and
portfolio (PPPM) application systems...............................................................................................5
3 Discussion and Conclusion............................................................................................................5
4 BIBLIOGRAPHY.........................................................................................................................6
4 Appendix.......................................................................................................................................7
4.1 Portfolio 1..............................................................................................................................7
4.2 Portfolio 2............................................................................................................................10
4.3 Portfolio 3............................................................................................................................12
4.4 Portfolio 4............................................................................................................................14
4.5 Portfolio 5............................................................................................................................18
4.6 Portfolio 6............................................................................................................................20
4.7 Portfolio 7............................................................................................................................26
4.8 Portfolio 8............................................................................................................................29
4.9 Portfolio 9............................................................................................................................33
4.10 Portfolio 10..........................................................................................................................35
1 INTRODUCTION

Various topics of project management has been assessed with the help of a number of portfolios for
the given assignment. A consolidated portfolio was created from 10 weekly portfolios and their
respective learning outcomes are assessed and evaluated. A summary and evidence section has
been proposed for every learning outcome. The justification for choosing the PPPM applications
has been assessed and evaluated.
2 COURSE LEARNING OUTCOMES
Learning Outcome 1: Compare and contrast the advantages and disadvantages of
different manual and electronic project, program and portfolio (PPPM) application
systems within each PPPM knowledge area over the life cycle of a project, program
or portfolio
Summary
In this assignment, I leant about PPPM application systems, different electronic and manual systems.
The main aim of every PPPM applications is to break down the difficult task into a number of easy
task so that the goal becomes achievable. I understand that the skill which is learned from this
experience is to gain the potential to manage a project and check it that the project gets to
completion. The advantages of the different systems over the span of the project includes the
inventory. The PPPM applications help to pinpoint where the resources are exactly. As the entire
process is fragmented, the applications help to provide a greater picture. This helps in the early
stages of the planning also learnt about the involvement factor. The manual and electronic projects
as well as the PPPM application helps to ensure that the project becomes successful. It also helped
me to understand the easy visibility of the performance issues in the project. I also came across
several disadvantages though. Resources can act as an advantage but it can also act as a
disadvantage in certain scenarios. I guess if a wrong person is made the head in charge of the
resources, it can lead to a lot of complexity in the project. Moreover, the prioritization of every
project needs to be checked so that the different elements of the entire portfolio are met. If there
are a number of projects going on, I can assume that it can lead to the wastage of resources in
organizing the labour and the operational costs of hiring them.
Evidence
I was recently involved in a field trip to assess the construction of a bridge. I learnt about the
different project management systems and how they are checked to assess the system. It gave me
an idea about throw different systems are applied in different domains of project management.
Learning Outcome 2: Identify how project, program and portfolio (PPPM)
application systems can assist project managers to monitor performance and
manage changes within a project.

Summary
I decided to research a little but further about the PPPM applications and how they can provide the
managers an advantage in gaining a project success. I understood that the PPPM applications not
only runs the project but it also helps the project managers in choosing what types of executable
projects need to be chosen and how the funding need to be initiated. I learnt that it helps the
mangers in choosing the potential of every project and assess if they can support the goals and
objectives of the industry. This is how the managers eliminates the projects if they do not meet the
required criteria. To assess the performance and changes of the project, the contingencies and
interconnections of the project are assessed with the help of PPPM applications. As per my
understanding, the PPPM applications help the project manager to monitor the motion of the
project. The assessment helped me to understand how the monitoring of the portfolios of the
project are conducted and how they affect the projects which are in the portfolio.
Evidence
I was recently got involved with a press conference about project, program and portfolio application
systems. The conference helped me to assess the role of a project manager in a project and how
they can enhance their capabilities with the help of project, program and portfolio application
systems.
Learning outcome 3: Propose appropriate project, program and portfolio
(PPPM) application systems to support successful project, program and portfolio
execution in different industry domains.
Summary
This assignment helped me to learn about the different PPPM application system in a project related
to different domain of industry. The formal approach of the industries in prioritizing and
orchestration for the overall success of the project was understood by me. It helped me to
understand the different PPPM applications and selection methods. This assignment helped me to
understand the importance of PPPM applications in determining how the funds in a project need to
be utilized for properly returning the investment of the project. As an input to the selection process
of the project, the time value of money sometimes steers the project selection. It helped me to
assess how the future and present value of a project are determined and how different assumptions
are made. It helped me to learn about future value, interest rates and budget determination of a
project. The formulas of the present value helped me to assume the future value of the project.
With the help of different PPPM applications, I also learnt about how to determine the net present
value of the project. The financial based decisions overally determined the project selection
methods along with the PPPM applications.
Evidence
I recently learned about the organisational maturity levels and various PPPM applications from the
courses form our university. The assessment helped me to analyse different application systems
which helped me a lot in completing this assignment. I also learned the role of a project manager
from this assessment.

Learning outcome 4: Discuss contemporary developments in the use of project,
program and portfolio (PPPM) application systems.
Summary
In this assessment, I learned about the various developments that have happened in the PPPM
application systems. The longevity of the project is managed by the PPPM applications. The various
developments in the mentioned topic has been assessed in a PPPM research program. It included
about 400 organizations including non-governmental organizations and governmental agencies. A
general report, IT report, construction industry report and organizational change report were
developed which helped in assessing the various developments of the application systems.
Evidence
A survey related to information technology showed good results of a project to completion. It
constituted about 60 organization and several mini projects which were broken down for efficiency.
The use of PPPM applications were assessed.
3 DISCUSSION AND CONCLUSION
To conclude the report, it can be stated that four learning outcomes from the provided weekly
portfolios has been evaluated conclusively in the given assignment. The outcomes have been
evaluated according to their criteria and a small summary has been provided. The needs of a PPPM
application system for the success of a project has been discussed and evaluated.

4 BIBLIOGRAPHY
Binder, J. (2016). Global project management: communication, collaboration and management
across borders. Routledge.
JOSEPH. PHILLIPS, P. M. P., CBAP, I., & PMP, C. (2018). PMP PROJECT MANAGEMENT PROFESSIONAL
STUDY GUIDE. McGraw-Hill Education.
Kerzner, H. (2018). Project management best practices: Achieving global excellence. John Wiley &
Sons.
Kerzner, H., & Kerzner, H. R. (2017). Project management: a systems approach to planning,
scheduling, and controlling. John Wiley & Sons.
Leach, L. P. (2014). Critical chain project management. Artech House.
Mir, F. A., & Pinnington, A. H. (2014). Exploring the value of project management: linking project
management performance and project success. International journal of project management, 32(2),
202-217.
Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project management. Project
Management Institute.

4 APPENDIX
4.1 Portfolio 1
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
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
1. Explain the
relevance of
systems thinking to
the project,
program and
portfolio manager.
To manage the project, the leadership skills are important. Due to
lack of skills I faced some problems while handling my team due to
which I enhanced my leadership skills that are essentially needed to
attain by me for managing the project effectively. This is very
useful for me which provides me list about the leadership skills that
are required to become a successful and expert project manager.
Marsh, F. (2018). 10 Great
Leadership Skills of
Project Management.
[online] Available at:
https://aboutleaders.com/10
-great-leadership-skills-of-
project-management/
#gs.XWrPyJY [Accessed 3
Apr. 2018].
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
2. Identify different
systems thinking
tools and
techniques to aid
project managers
solve project
problems.
It is difficult for me to measure and attain the success but after
understanding that what aspects need to be focussed to attain
success effectively which is major demand towards the project as a
project manager. In last assignment I got very less marks due to
some problems in my assignment but after recognizing it that the
critical thinking is very important, I easily got good marks in my
next assignments.
Egelstaff, R. (2013).
Preparing and Writing
Academic Assignments -
Richard Egelstaff. [online]
YouTube. Available at:
https://www.youtube.com/
watch?v=I5UYb3d094M
[Accessed 3 Apr. 2018].
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
3. Assess the
relevance of
systems
engineering to
project cases.
The project success in defined as the accomplishment of all the
activities within all the constraints such as performance, cost and
time. The project manager should be able to handle the complete
project as per given schedule so that all the constraints will be
clearly fulfilled which is very necessary for the success of each
project. It is essential to complete the project within the original
scope only.

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
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
4. Describe how
systems
engineering
concepts and
methodologies can
help a project,
program and
portfolio managers
organise a project.
PPMP20012 Unit Profile
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
5. Explain the
importance of
appropriate
selection of project
management (PM)
application systems
in regards to
meeting the
internal and
external objectives
of a project.
Critical thinking and writing involve various types of essays,
papers, assignments and others. These all need to be done carefully
in order to get accurate results. In order to write this, proper
knowledge and skills are very important in the person so that all
things can be done accurately.
KERZNER, H.
(2009). PROJECT
MANAGEMENT.
[online] Available at:
http://honestyets.
pbworks.com/f
/Project+Mana
gement+-+A+
Systems+
Approach+-+
10thEd.pdf
[Accessed 4 Apr
. 2018].

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
portfolio
management;
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
6. Describe how the
use of project
management (PM)
application systems
can lead to
effective PM
knowledge
management and
decision making.
Before understanding the concept of the project management, it is
essential to understand what exactly a project is. Any project can be
simply considered as a series of different activities as well as tasks
that have some specific objectives. There are mainly five different
process groups which can be considered and identified in the
PMBOK Guide. These five different process groups are the project
initiation, project planning, project execution, project monitoring
and control and project closure
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
7. Compare and
contrast the
advantages and
disadvantages of
different manual
and electronic
project, program
and portfolio
(PPPM) application
systems within
each PPPM
knowledge area
over the life cycle
of a project,
program or
portfolio.
It helps me to be a perfect in the field of project manager while
managing my college project. It defines me that, the honesty is the
major requirement of every organization and I need to focus at this
aspect properly.
White, D. and Fortune, J.
(2002). Current practice in
project management — an
empirical study.
International Journal of
Project Management,
20(1), pp.1-11.
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
8. Identify how
project, program
and portfolio
(PPPM) application
systems can assist
project managers
to monitor
performance and
manage changes
within a project.
It is a demand of every project manager to become accurate and
better in respective field. For this, the manager must utilise the
consistent estimating as well as scoping process so that and also use
helpful tools related to project management. The project manager
needs to be honest and realistic while managing the project which is
also an important aspect which is considered by all the
Rose, K. (2015).
Effectiveness in Project
Portfolio Management.
Project Management
Journal, 46(1), pp.e4-e4.

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
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
organizations while hiring project manager for any project. These
tools involve Gantt chart, WBS and other tools.
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
9. Propose
appropriate
project, program
and portfolio
(PPPM) application
systems to support
successful project,
program and
portfolio execution
in different industry
domains.
The effectiveness of project management can be seen through the
status of the project like- if it satisfies all the requirements of the
client then it is considered as highly efficient project. Along with
this, it should also be useful in maintaining the quality level of the
project.
Mishra, K. and
Sudarsanam, D. (2016).
Project Expectation
Management – A Quality
Approach to Customer
Satisfaction. Adhyayan: A
Journal of Management
Sciences, 5(1).
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
10. Discuss
contemporary
developments in
the use of project,
program and
portfolio (PPPM)
application
systems.
When I was working as a project developer in a company, I could
see the project manager’s conditionwhile maintaining the
expectations of the stakeholders involved in the project. So I
learned that while a person is working on the project, it is important
to control the expectations of the team members as well as the
stakeholders of the project.
Marsh, F. (2018). 10 Great
Leadership Skills of
Project Management.
[online] Available at:
https://aboutleaders.com/10
-great-leadership-skills-of-
project-management/
#gs.XWrPyJY [Accessed 3
Apr. 2018].

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
portfolio
management—
Guidance on
portfolio
management;
4.2 Portfolio 2
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
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
11. Explain the
relevance of
systems thinking to
the project,
program and
portfolio manager.
With the use of highly appropriate project methodology, the scale
of project planning can be enhanced eventually. Project
methodologies cover each and every phase that needs to be focused
so that no problem can occurs during project development and
delivery.
Vukovic, Z. (2018).
PROJECT
MANAGEMENT -
SOFTWARE
DEVELOPMENT
METHODOLOGY.
[online] Available at:
http://ftp://ftp.repec.org/opt
/ReDIF/RePEc/osi/journl/P
DF/InterdisciplinaryManag
ementResearch/
IMR1a5.pdf [Accessed 8
May 2018].
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
12. Identify different
systems thinking
tools and
techniques to aid
project managers
solve project
problems.
When I was preparing WBS for my college project I found various
problems such as- assigning appropriate resources over each
module and managing their cost per hour. It took more than an hour
to design and develop the work breakdown structure of my project.
Ibrahim, Y. (2018). SEMI-
AUTOMATIC
DEVELOPMENT OF THE
WORK BREAKDOWN
STRUCTURE (WBS) FOR
CONSTRUCTION
PROJECTS. [online]
Available at:
http://www.irbnet.de/daten/
iconda/CIB16457.pdf
[Accessed 8 May 2018].
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
13. Assess the
relevance of
systems
engineering to
project cases.
The project success in defined as the accomplishment of all the
activities within all the constraints such as performance, cost and
time. The project manager should be able to handle the complete
project as per given schedule so that all the constraints will be
clearly fulfilled which is very necessary for the success of each
Passenheim, O. (2013).
Project Management.
[online] Available at:
http://home.hit.no/~hansha/
documents/theses/projectm

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
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
project. It is essential to complete the project within the original
scope only.
anagement.pdf [Accessed 8
May 2018].
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
Optional
Readings
 AS ISO
21504:2016
Project,
programme and
portfolio
management—
Guidance on
portfolio
management;
14. Describe how
systems
engineering
concepts and
methodologies can
help a project,
program and
portfolio managers
organise a project.
Mandatory
Readings
 SEBoK:
'Introduction to
SEBoK'
 SEBoK:
'Introduction to
Systems
Engineering';
 SEBoK: Part
7: Systems
Engineering
Implementati
on Examples
 Kerzner (2013)
Chapters 2.1;
2.6 - 2.8; 2.21;
 AS/NZS
15288:2015
Introduction;
15. Explain the
importance of
appropriate
selection of project
management (PM)
application systems
in regards to
meeting the
internal and
external objectives
of a project.
The detailed division of project leads to enhance the cost accounts
per module. Fluctuating requirements of the client cannot be
estimated. It consists of wide range of interdependent activities as
change in one will surely affect the previous one
Ibrahim, Y. (2018). SEMI-
AUTOMATIC
DEVELOPMENT OF THE
WORK BREAKDOWN
STRUCTURE (WBS) FOR
CONSTRUCTION
PROJECTS. [online]
Available at:
http://www.irbnet.de/daten/
iconda/CIB16457.pdf
[Accessed 8 May 2018].