Construction Project Failure

Management of construction projects needs skills and knowledge in modern management and comprehension of construction and design process. In construction projects, the relevant technology processes, and arrangements differ, but common sequence of events apply. Construction projects generally require a specification of the project plans and objectives that entail budgeting, scope, setting of performance requirements, scheduling, and project participants (Rojas, 2009). It also requires project management specifics like the resource utilization by procurement of materials, labor, and equipment to project plan and schedule. In addition, it leads to implementation of several operations by effective control, estimation, design, construction, and contracting (Mincks & Johnston, 2010). The sequence of events occurring in the construction phase is categorized into three broad areas including foundation, structural, and finishes sequence.

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

This document serves the purpose of critically analysing the differences that exist between managing construction projects and I.T Projects

Over the past few years, the construction industry has been changing dramatically. One of the most important stages in the construction management and business management is the planning phase. They share similar two main levels of planning which are the strategic and operational planning. However, business management planning to decide in advance what should be done, and how to do it, when you do and you are done. On the other hand, Construction management strategic planning is to deal with selection on a high level of overall objective of the project, including the scope, procurement methods, schedules and financing options but the planning of operations, including the

PROJECT PURPOSE (Describe the project, identify major issues, clarify the vision, and describe the strategies used to create the desired outcome.)

Projects are used today as a way of achieving a variety of outcomes in local or international locations for new constructions, new product development, product improvement, process design, process improvement, utility installation, theory and technology development, and many more. Bringing a project to a successful conclusion requires the integration of numerous management functions like controlling, directing, team building, communication and others. It also requires cost and schedule management, technical and risk management, conflict and stakeholder 's management, and life cycle management.

This is the problem which may happen before project manager was appointed due to lack of capital with the stake holders. Or this can also happen if the project manager is not organized and has not done proper planning. So project manager can exclude this problem by sustainable use of resources at the construction site.

The main cause of the project was how the project was managed, the choice of procurement used was construction management method, so the client became the contractual role, this helped speed up the procurement processes and allowed the client greater flexibility in design variation, but the risk of using this method was found out in the project as most of the risks stayed with the client rather than transferring to the contractors, so any delays in the project were the clients responsibility, which was found out as the project was scheduled to open in 2001 but ran three years over an was finished in 2004 so all the costs from the delays put a major impact on the final budget. The Project Leadership was not well established or organised properly to have a single point of leadership and control where decisions could be made about how to balance out the time, cost and quality of the build but the lack of this responsibility and accountability for managing the individual aspects

Throughout the construction and planning phase the cost raises which result in extreme recession of money to the builders.

Despite efforts to improve the ways of project management, the success rate has not significantly changed over a period of time. In that case there is a need to understand why projects fail. The underlying reason behind is the tendency of humans to react to a particular situation that would bring an entire shift in the work being carried out.

The overall goal of a project manager is to oversee a project from idea to completion. Within that scope, many roles and responsibilities arise that influence the project and how effectively it is completed, or not. The role of the project manager does not mean that the employees and other participants are not important. However, the management approach implemented by the project manager is key to the effectiveness of the project. The importance of an effective project management model can be illustrated through the lessons learned in Boston’s “Big Dig” project.

Construction projects are always unique and risks raise from a number of the different sources. Construction projects are inherently complex and dynamic, and involving multiple feedback processes. A lot of participants – individuals and organizations are actively involved in the construction project, and they interests may be positively or negatively affected as a result of the project execution or project completion. Different participants with different experience and skills usually have different expectations and interests. This naturally creates problems and confusion for even the most experienced project managers and contractors.

No integrated planning and control in the project activity. There is no proper control and planning related to the project.

There are numerous challenges facing today’s construction manager. Some are new to the industry, and some are centuries old. Many of these challenges are a direct result of construction operations, while others a result of indirect, peripheral activities. A surprising number of challenges are not construction issues but must be addressed and managed by the construction manager (CM) to ensure project success. Some of the construction issues include workforce considerations, safety, time constraints, and

The scope of this assignment is to study, compare and analyze the most commonly used Project control methods used in the Construction Projects management and to select the best method for efficient project control to be used in construction project management. In this assignment three different project control methods such as 1) Earned Value Management 2) Location Based Management 3) Building Information Modeling are studied and compared.