Project Program and Portfolio Management

Unit code: EPM5510 | Study level: Postgraduate
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Footscray Park
N/A
Overview
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Overview

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.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Discriminate between the concepts of project, program and portfolio management and articulate the key features of each;
  2. Extrapolate a known or unknown organisational context of a Program Management Office;
  3. Critically analyse a Portfolio Services Organisation and how it relates to the strategic direction of an organisation; and
  4. Conceptually map reporting chains and systems within an organisation and relate them to theoretical models of decision-making.

Assessment

For Melbourne campuses

Assessment type: Test
|
Grade: 10%
Test
Assessment type: Case Study
|
Grade: 40%
Research and report
Assessment type: Assignment
|
Grade: 50%
Group report and presentation

Required reading

Reading materials and other resources will be provided on VU Collaborate.

As part of a course

This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.

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