Portfolio Management Assignment: Summary Of Weekly Learning
Question
Task: Provide a portfolio on discussing the summary of learning outcomes of week 1 to week 11.
Answer
Introduction
The present study of Portfolio management assignment is focusing on project portfolio which is considered as a collection of programs and projects that are used to be managed as a group for achieving objectives for the organisation. It is important to consist of all programs and projects within the company to numerous characteristics of system engineering. The project management officers and managers for analysing and collecting characteristics for the particular project use PPM management of processes, technologies and methods. It is important for the project managers regarding program, project and portfolio managers supporting the effective knowledge and decision-making process. The study of Portfolio management assignment has a purpose to focus on the program and portfolio information system by introducing the principles, concepts and techniques for the managers.
It is important to apply and manage the contemporary development by using standards and knowledge questions based on simulation modelling techniques. The study will highlight the PPPM in application systems manual process explain the relevance of systems thinking and PPPM. Week 2 discussed in this Portfolio management assignment will focus on identifying the system tools and techniques in order to solve the problems. Assisting the description of system engineering, describing the system engineering, constructed methodologies, explaining the importance of project management application, describing the effective PM knowledge management, comparing electronic and manual PPPM application, PPPM application assisting the monitoring system, proposing appropriate PM application systems, system reflections for the PM system will be discussed in week 1 to 10 for the current study of Portfolio management assignment. The study will highlight the process gap and system knowledge by describing and analysing the application systems and process system to define the problem solving methods.
Summary of Outcomes
Week1: Project program and Portfolio application (PPPM) system is introduced to support the successful project and application systems. Portfolio and program information system has been focused in this week for the managers for solving project problems.
Week2: SE transformation has been introduced in the knowledge area and system project management. SE transformation and the implementation in the industries have been introduced so that the system engineering is evolved to combine the practices of any complex systems.
Week3: System classifications and complexity have been introduced by developing the system thinking and system representations as a concept of modelling and stimulating to represent the system with models. Modelling can be implemented to test and verify the project stimulations and programs for the international standards of system concept.
Week4: System approach is introduced with situation system, responded system, and control element and system assets to comment on the life cycle of the project. Moreover, identifying and understanding the main problems is important to state synthesis of the solutions and enabling solutions for system engineering.
Week5: PPM is discrimination resource planning that is important to receive asset management and business process management to browse for the program strategy alignment and program stakeholder engagement. Program stakeholder engagement is introduced in this chapter of Portfolio management assignment by discussing the management of portfolio in order to take decision-making activities and achieving the target performance for the organisation.
Week6: It is important to decide and define the effective PM management and decision making process in order to describe system realisation, system development, system engineering, management product and service management and engineering standard to test the viability of the system.
Week7: PPPM in application systems have been focused to develop the life cycle of a project to identify the program and portfolio management within knowledge area of a project. Program management and information system has been highlighted in this Portfolio management assignment to provide the needs and development processes by developing and deploying products and market segments with consumer based and public profit for data processing in system engineering.
Week8: It is distributed in different project communications by affecting different stakeholders and the communication, which is clearly defined and identified the life cycle of the project.
Week9: Supporting the PM application systems is important to execute the project in the status and detailed stages for conception phase to execution phase for the project life cycles. It is found to integrate the system development projects and engineering system to deliver organisational behaviour and conflict management in project management and portfolio management. It is important for the individual project analysis as discussed in this Portfolio management assignment while enhancing the committees and relationships building for apply manually or electronically.
Week10&11: Discussing the contemporary developments in the use of PM application system has been done to interpret the development and management in order to use the PM application systems in systems engineering. Application of system engineering is important to guide the body of knowledge and related disciplines in order to develop the project life cycles and stimulations of the system dynamics.
What are the learning outcomes explored in this study of Portfolio management assignment?
LO: Week 1
Week 1 examined in this Portfolio management assignment has been focused on the system thinking, system engineering and management principles for the techniques and portfolio management. Project program and Portfolio application (PPPM) system is introduced to support the successful project and application systems. Portfolio and program information system has been focused in this week for the managers for solving project problems. It is important to focus and explain the reflections for PPPM in the context of organisational project management and comparative standards for portfolio management. Role of portfolio manager and introduction of system management has been involved to interpret the ideas and basics for explaining the situation and position.
LO: Week 2
Identifying different systems thinking tools and techniques to solve the project problems have been focused in week 2 by introducing some transformations and user-friendly techniques. SE transformation has been introduced in the knowledge area and system project management. As discussed in this Portfolio management assignment, it is important to introduce and evolve to combine the practices in several industries to increase the system complexity and attributes in the future. SE transformation and the implementation in the industries have been introduced so that the system engineering is evolved to combine the practices of any complex systems. There is another response system in computer system complexity and users knowledge area to develop the project and system management and engineering.
LO: Week 3
This week within the Portfolio management assignment has been focused on assessing the relevance of system engineering in project cases. System classifications and complexity have been introduced by developing the system thinking and system representations as a concept of modelling and stimulating to represent the system with models. Modelling can be implemented to test and verify the project stimulations and programs for the international standards of system concept. Stakeholders system can be interested in practical solutions between the system elements. It is important to enable system of interest to be rooted as suborder system element and interaction with surrounding environment as a set of services to encapsulate the solutions.
LO: Week 4
Week 4 within this Portfolio management assignment described how the system engineering concepts and methodologies can be used to help project managers and organisers for any project. It is implemented to meet the requirement of program and portfolio management system in order to help project manager to organise the project. System approach is introduced with situation system, responded system, and control element and system assets to comment on the life cycle of the project. Moreover, identifying and understanding the main problems is important to state synthesis of the solutions and enabling solutions for system engineering.
LO: Week 5
Program and portfolio information system has another site to explain the importance of PM application in the context of project realisation. It is involved regarding project management information system while containing the essential and supporting information for PMIS. PPM is discrimination resource planning that is important to receive asset management and business process management to browse for the program strategy alignment and program stakeholder engagement. Program stakeholder engagement is introduced in this chapter of Portfolio management assignment by discussing the management of portfolio in order to take decision-making activities and achieving the target performance for the organisation. By defining the portfolio management plan, it is important to standardise, develop and optimise addition of the knowledge area and system engineering support with some life cycle and model stages.
LO: Week 6
Program and portfolio information is described how the use of PM application system can be effective for knowledge management and decision making for project. It is important to decide and define the effective PM management and decision making process within this Portfolio management assignment in order to describe system realisation, system development, system engineering, management product and service management and engineering standard to test the viability of the system. Implementation of the system engineering and management has been focused to provide evidence and supply chain by integrating the global top down integration and knowledge area to validate and verify with the comparison of the deployed system of service.
LO: Week 7
Week 7 illustrated within this Portfolio management assignment has been described to compare and contrast the disadvantages and advantages of PPPM application system. Different manual and electronic PPP in application systems have been focused to develop the life cycle of a project to identify the program and portfolio management within knowledge area of a project. Program management and information system has been highlighted to provide the needs and development processes by developing and deploying products and market segments with consumer based and public profit for data processing in system engineering.
LO: Week 8
Identifying how the PM application system can be assisted has been generated and described in this week. Again, project managers can monitor the performance and the changes within the project by using the information system and procurement management, which has been distributed for the appropriate information generation and collection. It is distributed in different project communications by affecting different stakeholders and the communication, which is clearly defined and identified the life cycle of the project.
LO: Week 9
The topic of this week mentioned in this Portfolio management assignment is to propose appropriate PM application systems for supporting the project execution successfully in infrastructure and resource industries. Supporting the PM application systems mentioned within this Portfolio management assignment is important to execute the project in the status and detailed stages for conception phase to execution phase for the project life cycles. It is found to integrate the system development projects and engineering system to deliver organisational behaviour and conflict management in project management and portfolio management. It is important for the individual project analysis while enhancing the committees and relationship building for apply manually or electronically.
LO: Week 10&11
Week 10&11 has been focused within this Portfolio management assignment on the system dynamics and PM application system in order to develop the knowledge base and applications, which has been gathered from week 1 to 9. Discussing the contemporary developments in the use of PM application system has been done to interpret the development and management in order to use the PM application systems in systems engineering. Application of system engineering is important to guide the body of knowledge and related disciplines in order to develop the project life cycles and stimulations of the system dynamics.
Discussion
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Week number |
Discussion |
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1 |
Week 1 illustrated within this Portfolio management assignment has been centred on the system thinking, system designing and the executive’s standards for the methods and portfolio the board. Project program and Portfolio application (PPPM) system is acquainted with help the effective project and application systems. Portfolio and program data system has been engaged in this week for the supervisors for tackling project problems. It is critical to centre and clarify the reflections for PPPM with regards to hierarchical project the executives and similar norms for portfolio the board. Job of portfolio administrator and presentation of system the executives has been included to decipher the thoughts and essentials for clarifying the circumstance and position. |
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2 |
Distinguishing various systems thinking instruments and strategies to take care of the project problems have been engaged in week 2 by presenting a few changes and easy to understand procedures. SE change has been presented in the learning territory and system project the executives. As discussed in this Portfolio management assignment, it is essential to acquaint and advance with consolidate the practices in a few ventures to build the system unpredictability and characteristics later on. SE change and the usage in the businesses have been presented with the goal that the system designing is advanced to consolidate the acts of any perplexing systems. There is another reaction system in PC system multifaceted nature and client’s information region to build up the project and system the board and designing. |
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3 |
This week illustrated in this Portfolio management assignment has been centred on surveying the significance of system building in project cases. System groupings and multifaceted nature have been presented by building up the system thinking and system portrayals as an idea of demonstrating and animating to speak to the system with models. Demonstrating can be executed to test and confirm the project incitements and programs for the universal norms of system idea. Partners system can be keen on handy arrangements between the system components. It is imperative to empower system important to be established as suborder system component and collaboration with encompassing condition as a lot of administrations to epitomize the arrangements. |
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4 |
Week 4 portrayed how the system designing ideas and procedures can be utilized to help project supervisors and coordinators for any project. It is actualized to meet the necessity of program and portfolio the executives system so as to help project supervisor to sort out the project. System approach is presented with circumstance system, reacted system, and control component and system resources for input on the existence cycle of the project. In addition, recognizing and understanding the fundamental problems is critical to state blend of the arrangements and empowering answers for system building. |
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5 |
Program and portfolio data system has another site to clarify the significance of PM application with regards to project acknowledgment. It is included in this Portfolio management assignment with respect to project the executive’s data system while containing the basic and supporting data for PMIS. PPM is separation asset arranging that is essential to get resource the board and business process the executives to peruse for the program system arrangement and program partner commitment. Program partner commitment is presented in this section by examining the administration of portfolio so as to take basic leadership exercises and accomplishing the objective execution for the association. By characterizing the portfolio the board plan, it is essential to institutionalize, create and advance expansion of the learning region and system designing help with some life cycle and model stages. |
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6 |
Program and portfolio data is depicted how the utilization of PM application system can be powerful for information the board and basic leadership for project. It is essential to choose and characterize the viable PM the board and basic leadership process so as to portray system acknowledgment, system advancement, system building, the board item and administration the board and designing standard to test the suitability of the system. Execution of the system designing and the executives has been engaged to give proof and store network by coordinating the worldwide top down reconciliation and learning zone to approve and confirm with the examination of the sent system of administration. |
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7 |
Week 7 mentioned in this Portfolio management assignment has been depicted to look into the impediments and focal points of PPPM application system. Diverse manual and electronic PPP in application systems have been engaged to build up the existence cycle of a project to recognize the program and portfolio the board inside information region of a project. Program the executives and data system has been featured to give the necessities and improvement forms by creating and sending items and market portions with shopper based and open benefit for information handling in system designing. |
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8 |
Distinguishing how the PM application system can be helped has been created and portrayed in this week. Once more, project chiefs can screen the presentation and the progressions inside the project by utilizing the data system and obtainment the executives, which has been conveyed for the suitable data age and accumulation. It is conveyed in various project interchanges by influencing various partners and the correspondence, which is unmistakably characterized and recognized the existence cycle of the project. |
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9 |
The theme of this current week is to propose fitting PM application systems for supporting the project execution effectively in foundation and asset businesses. Supporting the PM application systems is critical to execute the project in the status and point by point stages for origination stage to execution stage for the project life cycles. It is found to coordinate the system improvement projects and building system to convey authoritative conduct and refereeing in project the board and portfolio the board. It is significant for the individual project examination while improving the boards of trustees and relationship working for applies physically or electronically. |
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10&11 |
Week 10&11 discussed in this Portfolio management assignment has been centred on the system elements and PM application system so as to build up the learning base and applications, which has been assembled from week 1 to 9. Talking about the contemporary advancements in the utilization of PM application system has been done to decipher the improvement and the board so as to utilize the PM application systems in systems designing. Utilization of system building is essential to direct the group of learning and related trains so as to build up the project life cycles and incitements of the system elements. |
Conclusion
In order to conclude the study of Portfolio management assignment, it can be said that system engineering and system thinking have been focused in the study to develop the PPM system and techniques for the project management. The project managers focus on organisational projects to implement the execution of the PM and the system thinking to complete the project successfully. System engineering mentioned in this Portfolio management assignment has relevance to the project management to prepare its solution of other activities to define the project and monitoring for the risk assessment and corporate context. It is developed to represent the top management and relationship building to define the portfolio management and the knowledge areas mapping. On the other hand, portfolio management and the standard of this can be introduced by inputting the roadmap management plan, reports and assessment by analysing the updates of the stakeholder analysis. It is significant for the stakeholder group, interested role and expectations by using the management plans, tools and techniques to update the report and development for the program management.
PM application systems is included to assist the project managers to set the standards of communication, financial, quality, procurement, risk, research, scope and schedule management. Planning and its formation distributions are included to define the program stakeholders and addressing for globalisation challenges and appropriate media uses. Communication skills and program delivery are used to execute the programs in the budget and controlling the cost analysis in the financial context. It is important for the PPPM application system, which has been focused in the study of Portfolio management assignment through several life cycle stages of the project and developing the decision-making approaches.
References
Mailloux, L. O., Garrison, C., Dove, R., & Biondo, R. C. (2015, October). Guidance for working group maintenance of the Systems Engineering Body of Knowledge (SEBoK) with systems security engineering example. Portfolio management assignment In INCOSE International Symposium (Vol. 25, No. 1, pp. 1004-1019).
Raymond, L., & Bergeron, F. (2015). Impact of project management information systems on project performance. In Handbook on Project Management and Scheduling Vol. 2 (pp. 1339-1354). Springer, Cham.
Walden, D. D., Roedler, G. J., & Forsberg, K. (2015, October). INCOSE Systems Engineering Handbook Version 4: Updating the Reference for Practitioners. Portfolio management assignment In INCOSE International Symposium (Vol. 25, No. 1, pp. 678-686).
