PPMP20012 Unit Portfolio: Monitoring Project Performance Using Systems

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Added on  2023/06/11

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AI Summary
This portfolio delves into the application of project management (PM) systems in monitoring project performance and managing changes. It reflects on systems thinking, engineering concepts, and methodologies relevant to project, program, and portfolio management (PPPM). The portfolio highlights the importance of selecting appropriate PM application systems to meet project objectives and facilitate effective knowledge management and decision-making. It compares manual and electronic PPPM application systems, emphasizing their advantages and disadvantages across various PPPM knowledge areas. Additionally, the portfolio explores contemporary developments in PPPM application systems, including their use in developing business cases and project charters across different industries. References to Kerzner, PMI standards, and Schwalbe underscore the theoretical and practical foundations discussed, with Desklib offering additional resources for students.
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 8
Week 8: Identify how PM application systems can assist project managers to monitor performance and
manage changes within the project.
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
PMI (2013) The
Standard for
Program
Management --
Third Edition
Chapter 8;
PMI (2013) The
Standard for
Portfolio
Management --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
1. Explain the
relevance of
systems thinking to
the project,
program and
portfolio manager.
I learnt about systems thinking procedures that help project managers to
develop appropriate project plans.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Kerzner, H. and
Kerzner, H.R.,
2017. Project
management: a
systems approach to
planning, scheduling,
and controlling. John
Wiley & Sons.
Mandatory Readings
PMI (2013) The
Standard for
Program
Management --
Third Edition
Chapter 8;
PMI (2013) The
Standard for
2. Identify different
systems thinking
tools and
techniques to aid
project managers
solve project
problems.
Many software based system thinking tools are available in the market. Each has
its own feature that helps the project managers to use different types of
thinking like dynamic thinking, structural thinking and others.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Kerzner, H. and
Kerzner, H.R.,
2017. Project
management: a
systems approach to
1 of 6
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Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 8
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 --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
planning, scheduling,
and controlling. John
Wiley & Sons.
Mandatory Readings
PMI (2013) The
Standard for
Program
Management --
Third Edition
Chapter 8;
PMI (2013) The
Standard for
Portfolio
Management --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
3. Assess the
relevance of
systems
engineering to
project cases.
I learnt that project cases are built in systematic methods and phases. These are
developed using systems engineering techniques.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Kerzner, H. and
Kerzner, H.R.,
2017. Project
management: a
systems approach to
planning, scheduling,
and controlling. John
Wiley & Sons.
Mandatory Readings
PMI (2013) The
Standard for
Program
Management --
Third Edition
Chapter 8;
PMI (2013) The
4. Describe how
systems
engineering
concepts and
methodologies can
help a project,
program and
portfolio managers
I learnt about various engineering concepts and methodologies that are being
used by project managers. These concepts are utilized to develop the project
portfolio that is used for the actual project.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Kerzner, H. and
Kerzner, H.R.,
2017. Project
management: a
2 of 6
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 8
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
Standard for
Portfolio
Management --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
organise a project. systems approach to
planning, scheduling,
and controlling. John
Wiley & Sons.
Mandatory Readings
PMI (2013) The
Standard for
Program
Management --
Third Edition
Chapter 8;
PMI (2013) The
Standard for
Portfolio
Management --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
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.
I learnt that unless appropriate project management application systems are
utilized, the project may fail or face different errors and problems. PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Kerzner, H. and
Kerzner, H.R.,
2017. Project
management: a
systems approach to
planning, scheduling,
and controlling. John
Wiley & Sons.
Mandatory Readings
PMI (2013) The
Standard for
Program
Management --
Third Edition
Chapter 8;
6. Describe how the
use of project
management (PM)
application systems
can lead to
effective PM
knowledge
PM application systems largely help in finding the outcomes of some particular
decision making processes.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Kerzner, H. and
Kerzner, H.R.,
2017. Project
3 of 6
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 8
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
PMI (2013) The
Standard for
Portfolio
Management --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
management and
decision making.
management: a
systems approach to
planning, scheduling,
and controlling. John
Wiley & Sons.
Mandatory Readings
PMI (2013) The
Standard for
Program
Management --
Third Edition
Chapter 8;
PMI (2013) The
Standard for
Portfolio
Management --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
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.
Electronic processes are faster but cannot be tuned as per requirements.
Manual processes are slower but values can be changed as per requirements.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Kerzner, H. and
Kerzner, H.R.,
2017. Project
management: a
systems approach to
planning, scheduling,
and controlling. John
Wiley & Sons.
Mandatory Readings
PMI (2013) The
Standard for
Program
Management --
Third Edition
8. Identify how
project, program
and portfolio
(PPPM) application
systems can assist
project managers
PPPM application systems can help project managers to develop monitoring and
quality control plans and standards. Based on these standards, the project
manager can monitor the performances of the project and make changes based
on the standards set using the PPPM application systems.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Kerzner, H. and
Kerzner, H.R.,
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Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 8
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
Chapter 8;
PMI (2013) The
Standard for
Portfolio
Management --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
to monitor
performance and
manage changes
within a project.
2017. Project
management: a
systems approach to
planning, scheduling,
and controlling. John
Wiley & Sons.
Mandatory Readings
PMI (2013) The
Standard for
Program
Management --
Third Edition
Chapter 8;
PMI (2013) The
Standard for
Portfolio
Management --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
9. Propose
appropriate
project, program
and portfolio
(PPPM) application
systems to support
successful project,
program and
portfolio execution
in different industry
domains.
There several PPPM software tools and systems that can be used in project
management in various industries. Some of these systems are 4c Portfolio
Manager, Jira Portfolio, Clarity PPM and others.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
Kerzner, H. and
Kerzner, H.R.,
2017. Project
management: a
systems approach to
planning, scheduling,
and controlling. John
Wiley & Sons.
Mandatory Readings
PMI (2013) The
Standard for
Program
Management --
10. Discuss
contemporary
developments in
the use of project,
program and
PPPM application systems are now widely used in developing business cases and
project charters for various project planning phases. These projects includes all
types of project management like construction project management, software
project management and others.
PPMP20012 Unit Profile
PPMP20012 Moodle
Web site
5 of 6
Document Page
(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 8
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
Third Edition
Chapter 8;
PMI (2013) The
Standard for
Portfolio
Management --
Third Edition
Chapter 7;
Optional Readings
-
Web Sites
-
portfolio (PPPM)
application
systems.
Kerzner, H. and
Kerzner, H.R.,
2017. Project
management: a
systems approach to
planning, scheduling,
and controlling. John
Wiley & Sons.
References
Kerzner, H. and Kerzner, H.R., 2017. Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.
Schwalbe, K., 2015. Information technology project management. Cengage Learning.
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