Case Study Sydney 2000 Olympic Games: A Project Management Perspective

2) Time: All projects will have a deadline, whether it is tied to an event (e.g. Olympics) or an arbitrary deadline set by

A project is a temporary endeavour that creates a unique result. Time, budget, resources, and performance specifications, to meet requirements made by stakeholders, limit a project (Project Management Institute, 2013, pg.3). Project management is the application of tools, techniques, and knowledge to help achieve the three main constraints of scope, cost and time (Project Management Institute, 2013, pg.5). This applies managerial process and gives project managers the opportunity to make a project successful. However, there are still numbers of project failures both big and small projects. This failure does not only affect finances but also demoralizes employees who have laboured diligently to complete the work. The case of Wembley Stadium project failure will be analyzed in this paper to illustrate project management difficulties a project can encounter if appropriate tools and techniques are not successfully developed, implemented, and evaluated within the project management processes. The major problems concerning the Wembley Stadium project were scope, time, cost, quality, and stakeholder issues (Carter, 2002). However, this paper would be focusing on scope, time and cost issues. The format of this paper will include the project analysis, which will provide brief description of the Wembley stadium project, and main reasons why the project failed. This will be followed by the analysis of how the issue of the project failure is related to project management knowledge

Wembley stadium is a great stadium which has been awarded internationally. It was opened in 2007 after long delays of the project. The final cost of the project was £757 million (£918 million in 2014 sterling).

Project quality is concerned with two ultimate goals i.e. efficiency of processes employed in the implementation of the project and ensuring the quality of the end-product, So that the product is “fit for use” and covers all the needs of user and its cost effectiveness. PMBOK recommends suggests employing quality planning, assurance and control for quality implementation of the project. In simple terms it is necessary to produce a quality product that the projects are being run with quality. That is why experts of the fields believe that quality of project guarantees the quality of end-product (Windmüller, 2013).

Critical success factors and critical success process are the areas of the project that are absolutely essential to its success. By identifying and communicating with these two concepts, it will help ensure the project is well focused and avoid wasting effort and resources on less important areas.

When can say that when the project stakeholders are happy and plan is accepted.If one of this conditions are not completed,you cannot say your project is successful.

Project management provides reasonable scientific solutions in order to overcome difficulties and achieve success. Each project has a variety of objectives have to achieve, these objectives are vary and can be for organization objectives or for social objectives. However, the project objectives could face some obstacles could be lead to limited success. The attempt to discover the factors of project success and project failure was not easy task for both scholars and expertise. These definitions can provide a close understanding and explanation for these terms. Many project management literatures have variety definitions of project success. (Adinyira, 2012) pointed out that Pinto and Slevin (1988) defined the success as delivering projects on proper time, cost and quality. Others like westerveld, elizabith have different ideas regarding the success that are related to the judge of stakeholders and organizational management. However, nowadays success become more complex issue to determine, it is not only meeting the costs and time it is belonging to the typology and sector of the project

Many economists have warned the Australian public not to exaggerate the benefits of the games because of past experience in other host countries.(Dabkowski and Ketchell,1999 Gittens,1999 and Mules,1999) According to the early graph, it seems as though the host countries' economies have not been as robust as prior to the Olympics, when the bulk of construction expenditure was being undertaken. However, many poor results in the

According to Kloppenborg (2015), “Project success is creating deliverables that include all of the agreed-upon features” (p.11). Other measures of success include the customer’s success, the performing organization’s success, the project team’s success, and if the project is completed on time and on budget.

Even with the fact that the Olympic Games should be perceived as being a happy event that influences society as a whole to direct its interest toward concepts like sports and health, they are often responsible for generating some of the most intriguing controversies. Drug testing has progressed greatly during the recent years and it is difficult and almost impossible for an athlete to take drugs that are not accepted by the International Olympic Comittee. Even with this, many risk losing their career and significantly affecting their health in an attempt to be better than other competitors. The IOC needs to get actively involved in providing education for athletes worldwide with the purpose of discouraging the use of drugs that are not accepted.

Winning the bid for the 2012 Olympic Games by London city has brought the hope for regeneration of the entire Lea Valley in East London which can bring about the biggest urban development witnessed by Europe in the past 150 years (Coatler F 2004). In the year 2003 City of London was bestowed with the honour of being the host for 2012 Olympic Games. It’s easy to win the bid for hosting such a massive sporting event however the planning and development which is needed for successful execution of the games takes a lot of hard work and effort. The execution and planning involved behind the stage is a good measure of the host country’s capability and is put forward in front of the whole world to judge (Morgan, M. 2008). The London Olympics were successful primarily because of the flawless collaboration between the International Olympic committee and London Organizing Committee of the Olympic and Paralympic games (LOCOG) with its numerous partners and stakeholders. (Tramantano E , Bishop J , Jones G , Miller A).This even showcased the significance of

This paper analyzes the Whitbread World Sailboat Race case scenario presented in chapter 9 in the Gray and Larson text, Project Management: the Managerial Process. The Whitbread World Sailboat Race is a nine month round the world race. Bjorn Ericksen has been chosen by his country to head up the project of getting a boat and a team ready for the race. The objectives of the project are to design, build and test a new vessel and select and train a crew capable of winning the race. The objectives must be completed within 45 weeks, the start of the race, and with a planned budget of $3.2 million.

Project Time Management – an estimated time for the completion of each task and based on resources, the duration is determined.

This case study discusses the risks that comes with the Olympics. For many years, the Olympic games have been a part of history and the culture of many nations. Lots of us wish we can do what these amazing athletes do and represent our country with good faith and intentions.

It will also detail what milestones must be met to be able to successfully coordinate effort within the project timeline and meet the inauguration date as planned, without the milling of any other milestones nor the compromising of any nor all deliverables. Finally, it ensures the appropriate risk mitigation is in place to meet the final deliverables and the timeline requirements within every project phase.