Answer To: In this unit you are required to complete a weekly and consolidated portfolio. A portfolio provides...
Ahmedali answered on May 11 2020
Project Management Methodologies
Topic and reading samples.
Your personal learning outcomes from this unit.
Learnings from your experience.
Supporting documentation including your prior learnings.
Lecture Slides
Organizations can align their project portfolio with their strategies with proper selection of projects.
Organizational PM framework identifies three phases of implementation of project including analysis, roadmap, and actual implementation. Outputs of each of these phase include state review and gap analysis, prioritization matrix and roadmap, and policy, plan, and lessons learned respectively (Morris, 2010).
Project governance is used for maximizing project value, managing projects consistently, and taking effective decisions. It involves establishment of contracts, identification of KPIs and review of performances..
Competency management involves assessment and development of skills in human resource through proper planning and establishing of continuous improvement mechanisms. It involves activities like training, experiential learning competency development, knowledge sharing, skill assessment, and benchmarking (PMI, 2013).
Project objectives should be validated for SMART such that they are specific, measurable, attainable, results focused, and time focused. Objectives of change management include building support, reducing resistance, and developed required abilities. Objectives of project management include development of plans to achieve change within the given cost and time.
Models of change management include Lewin-Freezy analogy, Kotter steps, PRosci ADKAR, APMG, and CMBoK (J.M., 2006).
In past I had a company that used to work on a variety of different IT projects that came under a development program. The choice of projects to be executed depended on the management objectives...