PROJ6005 - Sustainability in Project Portfolio and Program Management - Report Writing - Management Assignment Help

Assignment 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.

3. Develop and defend arguments both for and against the implementation of project portfolio management in a range of organisations.

Context:
Assessment 4 builds upon the second assessment but focuses on the implementation of 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:
You have been successful in convincing executive management that your organisation should introduce a project portfolio management function and now that all the planning has been completed, you have been given the responsibility for its implementation. However, not everyone in the organisation is convinced that it is the right approach to take and you can already feel the forces of resistance starting to build from those who will be directly affected by its day-to-day operation.

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