1. Critically evaluate the strategic value of project management and project portfolio management, paying particular attention to their potential impact on social equity, project management life cycles, 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 1 discussions are designed to develop your understanding of the concepts of Project Portfolio Management and the project, program and portfolio management office (PMO) within the organisation. How an organisation views portfolio management and operates its PMO will depend on its size and project needs and the perceived impact of the initiative in terms of strategic organisational value, resource allocation optimisation and meeting its sustainability goals. Project/Portfolio managers must understand the functions, roles and responsibilities of the portfolio and PMO needs within their organisation to successfully design and plan the introduction of portfolio management. This can be achieved through their knowledge and utilisation of the different ‘best practice’ tools and techniques for project and program management

Instructions:

Considering the module reading resources and personal research, the student will post a main discussion within a timely and relevant manner (staying on the topic), being creative and bringing critical thinking and a thoughtful approach in the interactions. It is expected that student contribution to a particular discussion will be made within 3 days of the start of a new Module. After the main post, the student will contribute a minimum of 2 response posts to other students in the discussion. 

These discussions are to be conducted in a culture of mutual respect towards other students or participants.

Contemplate the PMI Project, Program and Portfolio Management standards, how these might integrate and include any academic literature available on Project Portfolio Management.

Part 1: Class and Group activity participation:

 Participation

 Leadership

 Feedback

 Cooperation

 Time Management