Unit Aims
The aim of this unit is to allow the learner to understand concepts of portfolio management and the associated features. The value of having a Project Management Office will also be examined and the stages of establishing and effective project management office will be considered. Learners will also examine the supply chain ecosystem and review IT frameworks appropriate for logistics and supply chain complexities.
Assessment Criteria –The learner can:
1. Understand the features and aims of project, program and portfolio management.
1.1 Compare the features and aims of programme management with project management.
1.2 Define the principles of portfolio management.
1.3 Examine the differences between programmes and portfolios.
1.4 Evaluate the relation between portfolio management and organizational strategy.
1.5 Evaluate the efficacy of various portfolio selection tools and techniques.
2. Understand the requirements for implementing a Project Management Office.
2.1 Critically assess the benefits of the Project Management Office.
2.2 Assess the implementation of a levelled Project Management Office structure.
2.3 Critically evaluate the stages involved in planning and implementing the Project management Office.
2.4 Create a Project Management Office charter for an organisation.
3. 3. Understand the global supply chain ecosystem.
3.1 Define what global supply chain ecosystem is.
3.2 Explain how to map global supply chain ecosystem.
3.3 Explain the use of the ecosystem framework in supply chain analysis.
3.4 Examine how modern manufacturing and services are intertwined.
4. Understand the role of information technology in logistics and supply chain.
4.1 Critically assess the relationship between logistics and information systems.
4.2 Define Critical Success Factors (CSF) for IT integration in logistics.
4.3 Design a framework to integrate IT into the Total Logistic System.
Scenario
You are a Senior advisor for Logistics department of ‘RAC Limited’, a fast-growing energy and chemical company based in South Africa. The company has also expanded into India, Burma, Sri Lanka and Bangladesh, and hope to expand into other countries soon.
You are tasked with giving an overview of the operations to Operations managers of the other countries of operation who will join as delegates in a summer leadership camp in London, UK.
Task 1 of 1 – Senior Management Report
Director of Operations Lewis has asked you to create a management report for the delegates.
Instructions
Your report should consist of two sections containing the following:
Section A
1. Compare the features and aims of programme management with project management.
2. Define the principles of portfolio management.
3. Examine the differences between programmes and portfolios.
4. Evaluate the relation between portfolio management and organizational strategy.
5. Evaluate the efficacy of various portfolio selection tools and techniques (ACs 1.1, 1.2, 1.3,1.4, 1.5, 1.6)
6. Critically assess the benefits of the Project Management Office.
7. Assess the implementation of a levelled Project Management Office structure.
8. Critically evaluate the stages involved in planning and implementing the Project management Office.
9. Create a Project Management Office charter for an organisation.
(ACs 2.1, 2.2, 2.3, 2.4)
Section B
1. Define what global supply chain ecosystem is.
2. Explain how to map global supply chain ecosystem.
3. Explain the use of the ecosystem framework in supply chain analysis.
4. Examine how modern manufacturing and services are intertwined.
(ACs 3.1,3.2, 3.3, 3.4)
5. Critically assess the relationship between logistics and information systems.
6. Define Critical Success Factors (CSF) for IT integration in logistics.
7. Design a framework to integrate IT into the Total Logistic System.
(ACs 4.1, 4.2, 4.3)
Delivery and Submission
1x Report MS Word processed file
3500 words excluding TOC, diagrams, references and appendices
