PROJMGNT 7040 - Portfolios and Programs Management
North Terrace Campus - Trimester 1 - 2020
General Course Information
Course Code PROJMGNT 7040 Course Portfolios and Programs Management Coordinating Unit Entrepreneurship, Commercialisation & Innov Centre Term Trimester 1 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Intensive: 36 to 40 hours Available for Study Abroad and Exchange Y Prerequisites PROJMGNT 5021 Course Description This unit specifically addresses how organisations deliver strategic goals and objectives through the selection of a balanced Portfolio and Programs of multiple Projects. This selection balances the needs of 'business as usual' with the need to be disruptive or face disruption in a rapidly changing market. This unit outlines how participants can gain competence in managing this balance of today's requirements with tomorrow's needs. Specifically, this unit will address how an organisation strategically applies management techniques to select, initiate, prioritise, executes and controls initiatives through Portfolio Alignment, Monitoring and Control. The course will also consider how an organisation can benefit from delivering multiple projects in a Program environment including governing, controlling and supporting the organisation's strategy through Program Management. The course objective is to build participants competence in managing portfolios and programs.
Course Coordinator: Dr Carmen Reaiche
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning Outcomes
On successful completion of this course, students will be able to:
1 Use best practice principles of portfolios management when balancing investment initiatives (portfolio components) required to align with an organisation’s strategic and business objectives and discuss the latest research and development of the principles for portfolio and programs management; 2 Evaluate portfolio needs with organisational constraints to select the right projects by using critical analysis techniques, creating models to prioritise portfolio initiatives; 3 Explain the nature of program management, its focus on benefits realisation, and the inter-relationship between program components; 4 Establish the appropriate governance, including risk management, for successful achievement of portfolio and program outcomes through understanding of stakeholders needs and influence; 5 Establish the portfolio and program performance reporting requirements for stakeholders and ensure strategic alignment of portfolios and their components; 6 Work effectively in a team, to have a positive influence and focus on strategic outcomes.
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1,2,3,5 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
1,2,3,5 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
2,3,4,5,6 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
1-6 Intercultural and ethical competency
- adept at operating in other cultures
- comfortable with different nationalities and social contexts
- Able to determine and contribute to desirable social outcomes
- demonstrated by study abroad or with an understanding of indigenous knowledges
4,6 Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
Required ResourcesProject Management Institute, (2013) The Standard for Portfolio Management, 3nd Edition, ISBN13: 978-1935589693
Project Management Institute, (2013) The Standard for Program Management, 3nd Edition, ISBN13: 978-1935589686
*note: students can use either the 2013 or 2014 editions of the two textbooks listed above
Recommended ResourcesStrategic Project Portfolio Management: Enabling a Productive Organization (Microsoft Executive Leadership Series) by Simon Moore.
Optimizing Corporate Portfolio Management: Aligning Investment Proposals with Organizational Strategy, by Anand Sanwal.
Project Portfolio Management, Leading the Corporate Vision (2007) by Shan Rajegopal, Phili McGuin and James Waller.
The University of Adelaide’s Barr Smith Library provides a range of learning resources including texts, journals, periodicals, magazines, and access to online databases and information services. It also offers a virtual library which is accessible via the University’s website. Access to the Library's electronic resources.
Other resources: Project Management Institute
If you are a member of the PMI you will “gain exclusive access to PMI publications and our global standards*, networking options with our chapters and online communities of practice, and leadership and volunteer opportunities. You’ll also receive discounts on certification exams and renewals, as well as our professional development offerings.” Student membership details
* Log in to access complimentary read-only PDFs of all of PMI's published standards or take advantage of discounts on paperback editions.
Online LearningMyUni is the University of Adelaide's online learning environment. It is used to support traditional face-to-face lectures, tutorials and workshops at the University. MyUni provides access to various features including announcements, course materials, discussion boards and assessments for each online course of study.
Learning & Teaching Activities
Learning & Teaching ModesThis course is offered in blended learning mode with the face-to-face component offered as intensives.
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.As a guide, a 3 unit course comprises a total of 156 hours work (this includes face-to-face contact, any online components, and self directed study).
Learning Activities Summary
Module Content Readings 1
- Organisational Context
- Problem Definition
Portfolio Management Standard (PMI) 2
- Problem Solving skills
- The portfolio prioritisation process
Portfolio Management Standard (PMI) 3
- Select an organisation and a challenge
- Assignment 1
Portfolio Management Standard (PMI) 4
- Program Context
- Program management processes
Program Management Standard (PMI) 5
- Explain the 11 program management processes
Project / Program Management Standards (PMI) 6
- Select an organisation program
- Start Assignment 2
Project / Program Management Standards (PMI)
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
# Assessment Task Task Type Length Weighting Learning Outcome 1 Proposal for a Portfolio Management Framework Group 4000 word report
30% 1,2,4,5,6 2 Program Charter, Plan & Control Individual 5000 words Assignment 30%
3,4,5 3 Research Paper Individual 3000 words 30% 1-5 Total 100%
Assessment Related RequirementsStudents should attend all classes in order to pass the course. There is considerable experiential learning during classes that build your knowledge and thus enable you to be successful in this course.
Course results may be subject to moderation by the Assessment Review Committee.
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Assessment DetailProposal for a Portfolio Management Framework Overview
Prepare a proposal to an organisation of your choice for implementing a Portfolio Management Framework. You will also need to include how you would facilitate an Alignment Workshop with initial recommendations as to how the organisation can balance their Project Portfolio to achieve the strategic directions of the organisation.
Program Charter, Plan and Control
Develop a Program Charter, Management Plan and Control and Closure Plan for initiating and executing a series of projects towards one of the organisation's strategic objectives. In addition to these deliverables, you will also need to prepare a presentation to the Portfolio Management Board to gain their comfort in granting you approval to proceed with the executon
Research media and academic reports and present a research paper that describes how an organisation or group of organisations have identified the challenges that they are facing. Develop a transformation plan that will assist them in addressing these challenges.
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Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending
Further details of the grades/results can be obtained from Examinations.
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