Internal Code: 4ACG
Portfolio Making Assignment Help:
Task:
Learning Outcomes
1. Critically evaluate the strategic value of project management and project portfolio management, paying particular attention to their potential impact on project management life cycles, project offices, change management, resource
management and organisational change.
2. Demonstrate understanding and initiative in the application of project portfolio management tools, techniques and processes to achieve improved business practices and performance and integrate sustainable project outcomes.
Context:
Assessment 3 builds upon the second assessment but focuses on topics surrounding project portfolio management. This assessment is designed to highlight the skills, methodologies, tools and techniques required in project selection and management of a portfolio in order for an organisation to meet its specific business objectives. As organisations become more multi-faceted, evaluating the performance of their project portfolios becomes more complex and new methods of evaluation must be developed to account for this complexity.
Improving performance is also a key determinant for achieving organisational success which, in turn, is related to the project portfolio management maturity level of the organisation which may vary considerably. During implementation, organisations will be impacted by changes created by project and portfolio management initiatives and the project manager’s response must be cognisant of the corporate culture in which it is taking place and the strategies needed to account for any adverse impacts.
Instructions:
The presentation for online will be a power point presentation with the cost benefits for the
implementation of project portfolio management and could include components of
implementation that you are presenting to the executive.
For face to face the facilitator will assign groups and topics which may include one of the following:
1. What is the difference between Project vs Portfolio Management Maturity levels?
2. How can the implementation of PPM be executed as a project?
3. How could a change manager be used for the implementation of PPM?
4. What are some of the solutions to Benefits and Barriers outlined in the article “Investigating Association of Benefits and Barriers in Project Portfolio Management to Project Success”.
5. What are some of the different types and functions of a PMO?
6. How do principles of investment portfolio planning align with project portfolio planning?
7. What are some of the Governance components in Project Portfolio Management?
8. How does Project Portfolio Management contribute to Organizational Agility?