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The project for this course is a portfolio management plan for a company of your choice. You may use your own employer or a public company you can research to provide necessary details. To get started, you need to know the company’s strategic plan and strategic capacity plan.
Project Deliverables |
Your portfolio management plan should include the content below.
Organization’s strategic plan-Overall mission, long-term goals, and principal methods for attaining those goals for the organization
Organization’s strategic capacity plan-How organization matches resource requirements with available resources
Portfolio management process-Overview of the entire PPM process
Project selection criteria-Addresses both qualitative and quantitative criteria for selection
Program management plan-Overall plan for how projects in the program will be managed (especially Quality, Scope, and Schedule)
Plan to Identify and resolve possible areas/sources of conflict related to cost, schedule, or quality-You you’ll ensure that your stakeholders will be “on the same page” regarding priorities of cost/schedule/quality among the projects in the portfolio.
Change Management Plan: Develop a plan to manage organizational and cultural change and conflict that may occur due to project/program/ portfolio implementation-NOTE: This is not a scope change management plan but a plan for promoting, communicating, and gaining acceptance of PMO, PPM within the organization.
Resource Utilization Plan: Analyze and plan resource utilization to achieve maximum /optimal capacity utilization
Content Total-Contains All Project Portfolio Management Plan Deliverables
Documentation and Formatting- Follows APA guidelines for citing sources. Paper may be in a professional business format, using good design and attractive formatting. Use of tables, graphics, charts, and other PM communication elements are encourage. Paper MUST be in a single MS Word document!
Organization and Cohesiveness-Good flow and clear presentation of the 8 required content Deliverables.
Editing-Corrections made as suggested in the first draft and appropriate peer reviewed changes made
Total-A quality paper will meet or exceed all of the above requirements.
Paper Guidelines
Below are best practices in preparing this paper.
The purpose of an introduction or opening is to
Include in the introduction a reason for the audience to read the paper. Also, include an overview of what you will cover and the importance of the material. (This should include or introduce the questions you are asked to answer in each assignment.) Body of the report: Use a header with the name of the project. An example is, “The Development of Hotel X: A World-Class Resort.” Proceed to break out the main ideas: State the main ideas and the major points of each idea, and provide evidence. Show some type of division, such as separate, labeled sections; separate groups of paragraphs; or headers. Include the information you found during your research and investigation. Summary and conclusion: Summarizing is similar to paraphrasing but presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and the major support points from the body of the report; minor details are left out. Summarize the benefits of the ideas and how they affect the subject. Work cited: Use the citation format specified in the Syllabus.
Additional hints on preparing the best possible project are below.
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