Project, Program and Portfolio Management (PPPM) will introduce students to senior management decision-making models. Portfolio management involves prioritisation, risk assessment and deployment of resources across an entire organisation to achieve benefits to the whole-of-business. In contrast, program management identifies benefits and realises outcomes across programs and projects. PPPM concentrates on the development of a realistic picture of an organisation's business and future strategy and how to best use company resources to achieve beneficial results. These resources include adopting standards across an enterprise, developing staff competency through education and training, and implementing reporting regimes to provide senior management with information for sound decision making. Program Management feeds into portfolio decision making by providing accurate and real-time data, quality assurance across programs and projects and ensuring consistent processes are maintained.

Unit details

Location:
Study level:
Postgraduate
Credit points:
12
Unit code:
EPM5510

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Differentiate the concepts of project, program and portfolio management and articulate the key features of each;  
  2. Deconstruct the role and responsibilities of a Program Management Office and extrapolate these to a known or unknown organisational context;  
  3. Critically analyse the role and responsibilities of a Portfolio Services Organisation and exemplify how it relates to the strategic direction of organisations;  
  4. Conceptually map reporting chains and systems within an organisation and relate them to theoretical models of decision-making; and  
  5. Systematically evaluate the return on investment in program and portfolio project management in various contexts.  

Assessment

Assessment type Description Grade
Case Study Project 1 (2000 - 2500 words) 25%
Case Study Group Project 2 (2000 - 2500 words per group) 25%
Examination Final Examination (3 hours) 50%

Required reading

Formal class notes will be provided to students for each module within this unit of study. These notes are reviewed and updated regularly.

The Standard for Program and Portfolio Management 3rd ed.
Project Management Institute (PMI) (2013)
Project Management Institute (PMI)

Where to next?

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