Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Project Management Methodologies PPMP20009 Week 5 Lecture Best Practice • Different definitions “…best practices are those actions or activities undertaken by the company or individuals that lead to a...

1 answer below »
Project Management
Methodologies
PPMP20009
Week 5 Lecture
Best Practice
• Different definitions
“…best practices are those actions
or activities undertaken by the
company or individuals that lead to
a sustained competitive advantage
in project management.”Kerzne
• Early days – industry focused
successes whereas the
government looked at failures to
identify best practice.
Assessing Readiness for Implementing
Organisational PM
Critical Success Factors
• Committed sustained executive level
leadership
• Organisational change management including
assessing the organisation’s readiness fo
change
• Continuous Improvement to sustain benefits of
implementation
Critical Success Factors
• Determine feasibility by
determining strategic need and
the cost benefit position
• Share OPM information –
to increase awareness,
understanding and buy-in
• Evaluate the organisation’s
cu
ent state
Developing a blueprint or roadmap
Knowing where the
organisation is now.
Knowing where the
organisation wants to be
in the future.
How
Business Case
• Capture rationale of OPM
• Set parameters and define success criteria
• Tool to guide design, management, and
evaluation of the OPM initiative.
 What should be included in a business case?
Key Points (Kerzner)
• Once business case endorsed form an OPM
team to lead the implementation
• Need to demonstrate the linked to the
organisational strategic objectives
• Consider the culture and environment carefully
• Senior leadership commitment and support
needs to be visible, as do the OPM Leaders.
Strong sponsorship
Clear vision
Implementation plan
Understand your
people
Co-design with
diverse working group
Context appropriate
governance & method
Meaningful
accountability
Not in
the text
ooks
Audit management
70
% 20
%
10
%
Change Mgt initiative
Experienced
Practitioners
10, 20, 70 principle
Resource
constrained?
‘Project by numbers
vs practice flexibility
Key Points (DoC)
Understand what you want to achieve, why you want
to achieve it, & if you have an authentic sponsor.
Develop a practical and pragmatic implementation
plan. Know what is realistic with the resources and
timeframes you have.
Your people are your greatest asset. Implement as a
change management initiative. Use them to co-design
the journey and co-maintain the maturity.
Project Selection
(Portfolio Prioritisation)
What is it and who does it?
Feasibility Study vs Cost Benefits
analysis
Feasibility Study
• Can we do it?
• Validate that the project is
feasible in terms of cost,
technology, safety,
marketability, and ease of
execution requirements
Cost Benefit Analysis
• Should we do it?
• Validate that if executed
co
ectly, the project will
provide required financial
or non-financial benefits.
• That benefits are of
greater value than the
cost of the initiative.
1. What is an opportunity cost and why do executives prioritising
projects need to consider it?
2. What metrics could be used for a cost benefits analysis?
Prioritisation Criteria
What criteria would a portfolio board
use to select projects?
Organisational
Structures
Matrix Structures
Matrix and Project Management
The Article
• Project Management Journal
• Volume 44 No 1, pages 17-34
• Besner C. & Ho
s B XXXXXXXXXXContextualized
Project Management Practice: A Cluste
Analysis of Practices and Best Practices
Lessons Learnt
What are lessons learnt?
What are some ways to gather
lessons learnt?
PortfolioCollect
Reflect
Share
Select

Tutorial 5
1. Readings:
Mandatory Readings
• Kerzner Chapter XXXXXXXXXX, & 3;
• PMI Implementing Organizational PM Chapter 2;
Optional Readings
• If you have time then please access the Project Management Journal
Volume 44 No 1, pages 17-34 for the article by Besner C. & Ho
s B.
(2012) Contextualized Project Management Practice: A Cluster Analysis of
Practices and Best Practices
Make sure you have done the readings.
2. Watch recordings:
Also, watch YouTube: Project Governance by Darya Duma from Procept
Associates Ltd (9 mins)
3. Answer following Questions to reflect and assist in your Portfolio
 What are the different ways of classifying projects?
 How senior is a Project Manager in an organization?
 Do you think that functional managers would make good project managers?
 Project managers are usually dedicated and committed to the project. Who
should be “looking over the shoulder” of the project manager to make sure that
the work and requests are also in the best interest of the company? Does you
answer depend on the priority of the project?
 Is project management designed to transfer power from the line managers to
the project manager?
 Explain how career paths and career growth can differ between project-driven
and non–project-driven organizations. In each organization, is the career path
fastest in project management, project engineering, or line management?
 Think about your own career into the future and describe a possible caree
path.
 Describe the different organizational structures and explain the pros and cons
of each.
 Do you think that personnel working in a project organizational structure should
undergo “therapy” sessions or seminars on a regular basis so as to bette
understand their working environment? If yes, how frequently? Does the
frequency depend upon the project organizational form selected, or should
they all be treated equally?
 How would each person identified below respond to the question, “How many
osses do you have?”
o Project manage
o Functional team membe
o Functional manage

In this unit you are required to complete a weekly and consolidated portfolio. A portfolio provides evidence of previous and cu
ent experience and presents a dynamic record of your growth and professional learning over the duration of this unit. Your portfolio will provide an account of your learning based on your practice and your critical reflection.Further information is available on the Moodle site.
Task
Your task is to write weekly portfolios reflecting upon your learning from the prior week. In your portfolio you will identify:
· the learning outcomes and module/topic of the unit,
· a description of your experience, including reading samples or records,
· your learning from your experiences, and
· any supporting documentation of prior or cu
ent learning.
Purpose
The primary purpose of this assessment item is to help you to develop skills for undertaking research and translating, via your technical and creative skills, underpinning concepts about project management methodologies. The secondary purpose of this assignment is to give you the opportunity to enhance your analysis, critical thinking and written communication skills; particularly in the areas of thinking about and reflecting on different project domains and project management methodologies. Developing a portfolio, as a result, makes your learning more explicit as you translate your workplace and personal experiences into documented evidence. You can then learn to critically examine the nature of your learning on this unit in relation to specific experiences in your project management practice and demonstrate that you have learned from those experiences and how you have achieved or maintained your professional competence as a result.
The assignment will also give you the opportunity to enhance your analysis and written communication skills; particularly in the areas of rigorous structured assignment writing.
Structure
You will be provided on the Moodle web site with a template for the weekly portfolios. You should use this template to structure each weekly portfolio and then upload weekly portfolios to the Moodle web site as directed (Portfolio Submission 1 contains portfolios for weeks 1 to 4, Portfolio Submission 2 contains portfolios for weeks 5 to 8 and Portfolio Submission 3 contains portfolios for weeks 9 and 10). At the end of the unit you will consolidate your portfolio submissions into a single document and upload an overall consolidated portfolio submission.Your portfolio should contain a coherent, but necessarily restricted review of the academic literature related to the project management topics for each week. You should also include a weekly reference list formatted in the prescribed Harvard style. You are also encouraged to include a bibliography.
This assessment item involves researching the topics to enhance your understanding of each concept through an utilisation of academic literature and secondary sources. Whilst you must use the recommended textbooks and web links, you should also refer to other sources on the Moodle web site and additional relevant peer reviewed academic journal articles of your choosing.
Weekly Portfolio
Each weekly portfolio is to be no more than 4 pages long.The portfolio shows your development of understanding during the unit. Naturally, this will make the portfolio different for everyone. Each student’s background, education, cu
ent and past work experiences is what makes it different. Each student’s personal researches will be different.What you need to do is to give yourself enough time to reflect and show how you have thought and come to grips with the ideas that address the learning outcomes of the unit. The amount of time you should be allocating to the unit is 12 to 16 hours per week (which includes writing the portfolio). So there should be a fair bit of time for you to make the reflections and reach a depth of insight that will make the portfolio meaningful. With each week's portfolio that you submit you do not include the writing that you made for a prior week. Instead you use the same portfolio template using only the section for the week you are writing about. In other words each week’s portfolio is a reflection upon that week. You should however, revisit the whole of the unit learning outcomes each week.The portfolio for any previous week is a reflection of your insights and thoughts for that week. Over the duration of the unit you will find that there is a development and change of your ideas as you study the material. You will then have opportunity at the end of the unit to consolidate everything and show how you have gained the insights that the unit is seeking to provide. At the end of the unit you should review your weekly portfolios and consolidate them into a single submission. You should make a personal reflection in this submission. This is the assessment that gets marked in detail.
It is to your benefit to have the personal discipline to make sure that you do not get behind. If you are allocating 12 or 16 hours per week for the unit then there is plenty of time for the portfolio. If you find that one week you slip then ok, but the unit is fundamentally planned so that you need to allocate 12 to 16 hours each week. Two hours lost in one week means that you need to do 14 to 18 hours the next! The unit is straight forward, but there are lots of web sites to visit and material to download. The text books are only part of the story and you won’t be able to do the unit with just the text books. Unfortunately, much of the material is written from a North American perspective. You will need to consider other industry sectors and also to be able to translate the learning outcomes into an Australian or other cultural perspective. Therefore, you will need to download other files and visit web sites to be able to gather the material you need in your portfolio. There are no bonus points for getting the weekly portfolio perfect from the first week but marks will be awarded for timely submission (as per the schedule) and for content that
Answered Same Day Apr 23, 2020 PPMP20009 Central Queensland University

Solution

Ahmedali answered on Apr 29 2020
129 Votes
(Insert Student Name) / (Insert Student Number) - PPMP20012 Unit Portfolio for Week 1
Week 1 Topic: Explain the relevance of systems thinking to PM.
    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
· Kerzner Chapter 1.14-1.16, & 3;
· PMI Implementing Organizational PM Chapter 2;
Optional Readings
· Project Management Journal
· Volume 44 No 1, pages 17-34 for the article by Besner C. & Ho
s B. (2012) Contextualized Project Management Practice: A Cluster Analysis of Practices and Best Practices
    Project Management is a discipline that provides the business organizations with the ability to manage and efficiently handle their projects. It is implemented in the business organizations so that the project goals and project success can be achieved. Organizational project management is designed for the business organizations and its readiness shall be determined on the basis of the critical success factors and feasibility analysis.
    The projects can be classified in a number of ways. The primary way is the classification on the basis of domain, such as the organizational expertise that handles the project. These lead of the classification of the projects in the categories as healthcare projects, financial projects, construction projects, developmental projects, manufacturing projects, etc.
    Au
y, M., Sicotte, H., Drouin, N., Vidot‐Delerue, H., & Besner, C. (2012). Organisational project management as a function within the organisation. International Journal Of Managing Projects In Business, 5(2), 180-194. http:
dx.doi.org/10.1108/17538371211214897
    
    The critical success factors shall comprise of executive leadership, continuous improvement for the organization, evaluation of the cu
ent state of the organization, and change management plan of the firm.
    Project Manager is the primary resources that is responsible for project management activities and is placed in the rank of middle level managers in the business organizations. Functional managers are the ones that are responsible for handling the business tasks and activities being ca
ied out in a specific functional unit. These managers can make up good project managers as they have technical and functional knowledge and are also...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here