Weekly Portfolio: Project Management Learning Outcomes and Readings

This assignment is a weekly portfolio focused on project management, covering key aspects such as organizational project management, business case development, and project selection. The portfolio includes reflections on learning outcomes derived from experience and mandatory readings from Kerzner and PMI, exploring topics like critical success factors, change management, and organizational structures (functional and matrix). The assignment delves into project selection criteria, feasibility studies, and cost-benefit analyses, while also touching upon the roles of project managers and functional managers within organizations. References to academic journals like the Project Management Journal and International Journal of Managing Projects in Business are included to support the concepts discussed. The portfolio also emphasizes the importance of implementing project management methodologies and highlights tools used in the selection and prioritization processes. The assignment aims to provide a comprehensive understanding of project management principles and their application in business organizations.

Weekly Portfolio Learning Table
Topic and
reading
samples.
Personal learning
outcomes
Learnings from
your experience.
References.
Mandatory
Readings
 Kerzner
Chapter
1.14-1.16,
& 3;
 PMI
Implementi
ng
Organizati
onal PM
Chapter 2;
Readiness for the implementation
of organizational project
management in the business
organizations may be assessed with
the determination of business case,
flexibility, and critical success
factors. Critical success factors
associated with the business
organizations may include change
management plan, continuous
improvement, and executive level
leadership, current and desired
state of the organization.
Different projects can be
classified on the basis of the
varied factors, such as type of
the project, category of the
project, project resources,
stakeholders, project clients,
and likewise. Project
management is majorly
handled by the Project
Manager. The resource is at a
senior level in the organization
and is included in the category
of mid-level resources.
Ansari, R., Shakeri, E. and Raddadi,
A. (2015). Framework for Aligning
Project Management with
Organizational Strategies. Journal
of Management in Engineering,
31(4), p.04014050.
Optional
Readings
 Project
Manageme
nt Journal
Volume 44
No 1,
pages 17-
34 for the
article by
Besner C.
& Hobbs B.
(2012)
Contextual
ized
Project
Manageme
nt Practice:
A Cluster
Analysis of
Practices
The business case shall include
define the success criteria, capture
rationale of organizational project
management, and tools for
management and design, and
evaluation of project management.
Functional managers may
make good project managers
provided they have the
adequate skill set with
combination of technical and
managerial skills. They may
also look over the shoulder in
the activities of project
management. The aim of
project management is not to
transfer the powers from the
line manager to the Project
Manager.
Aubry, M., Sicotte, H., Drouin, N.,
Vidot‐ Delerue, H. and Besner, C.
(2012). Organisational project
management as a function within
the organisation. International
Journal of Managing Projects in
Business, 5(2), pp.180-194.
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Topic and
reading
samples.
Personal learning
outcomes
Learnings from
your experience.
References.
and Best
Practices
Some of the necessary points for
successful implement of
organizational project management
include strong sponsorship, clearly
defined implementation plan,
interaction with the stakeholders
and customers, meaningful
accountability, and enhanced
governance.
Project-driven organizations
have a defined organizational
structure, such as matrix,
functional, or divisional that
may assist in career growth.
The functional structures
group the similar skill sets for
enhanced collaboration and
functional execution.
However, communication
between the functional groups
may be a problem. Matrix
structures offer enhanced
collaboration and
communication but are very
complex.
Journals &
Standards
 IJPM The selection of the projects in an
organization is based on numerous
factors, such as project costs,
project feasibility, stakeholder
perception, and likewise. Feasibility
study and cost-benefit analysis are
some of the key aspects of project
selection and prioritization.
Feasibility study determines the
doability of project and cost benefit
analysis determines the utility and
value generation of a project.
Therapy sessions are
necessary for the resources
and may be executed in the
form of relaxation campaigns,
employee assessment
sessions, entertainment
initiatives, and likewise.
Nenni, M., Arnone, V., Boccardelli,
P. and Napolitano, I. (2014). How
to Increase the Value of the Project
Management Maturity Model as a
Business-Oriented Framework.
International Journal of
Engineering Business
Management, 6, p.8.
 PMJ
 SAI
Global
Organizational structures also
determine the selection and
Normally, an employee has
three bosses as immediate,
Wells, H. (2012). How Effective Are
Project Management
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Topic and
reading
samples.
Personal learning
outcomes
Learnings from
your experience.
References.
prioritization factors associated
with the organizations. Some of the
popular organizational structures
include functional and matrix
structures. Some of the toolsets
that are used in the selection
process include initial planning,
project closure, risk management,
team management, databases,
progress monitoring, business case
definition, variable price contract,
and advanced project
management. The performing-
maturity factor is used to prioritize
and select the projects.
Competence, maturity, success,
and support are some of the
factors that are used in project
selection.
functional, and project
manager.
Methodologies? An Explorative
Evaluation of Their Benefits in
Practice. Project Management
Journal, 43(6), pp.43-58.
Portfolio Reflection
Project Management in the business organizations depend upon various factors, such as organization
structure, skills of the Project Manager, skill set of the resources, and likewise. Adequate project
management methodologies shall be implemented in the organizations so that the management
activities are correctly implemented. The functional managers and line managers may also manage the
project activities.
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