Critical Analysis Of The Heathrow Terminal 5 Project

Work on the London Heathrow terminal 5(T5) began in 2002 after a 4 year public enquiry. It took six years to build at a cost of £4.3bn. The facility, situated on a 251hectar site had 6000 people working on site at any one time (Health and Safety Executive, 2005). It boasts of 30,000 square meters of glass walls, has 60 new aircraft stands and includes 13km of tunnels which were bored for baggage handling and rail links (BBC, 2007a).

Over the past few years, project managers and Project management has shown tremendous growth. Project management has evolved over the past several years from an activity in an organization to a discipline in its own right. Many professional bodies exist today to represent project management as a discipline, Some of which include, PMI, Prince2 Foundation, PM Bok.

The paper is divided into three sections, the first of which will establish a timeline of events. This project background will serve as a case study for the analysis in the following section that will be structured such that each of the previously mentioned facets will be independently analyzed and contrasted with project management principles. Finally the paper will conclude with a summary of the analysis and recommendations based on

This case study report delivers an investigation and assessment into the Federation Square project, providing answers for senior executives. The Federation Square, situated in the heart of Melbourne was one of the most complex and ambitious construction projects in Australia’s history, becoming an icon for years to come. This case study will report on four significant project management areas contained in PMBOK (Project Management Body of Knowledge), which include: Scope, Time, Cost and Quality.

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.

Project Management is the art of arranging, sorting out, spurring, and controlling resources to attain specific objectives. A project is a brief endeavor intended to deliver a unique product, service, attempted to meet extraordinary objectives and goals, commonly to achieve helpful change or included quality.

In cases like Federation Square that is unique in nature given the vast amount of stakeholders and resources involved, there are high implications for failure that are met with heavy condemnation from the public. For this reason numerous methods are adopted to mitigate the ambiguous catastrophe that is present during a build of this magnitude. Secondly it was discovered that even though the project had failed monetarily and its formal release extended, the overall result was a success because the public expectations did not foresee the positive effect of what this unique project had to offer once it was completed.

Megaprojects are the temporary undertakings portrayed by extensive speculation responsibility, complicated nature, and durable on the economy, the earth, and society. Megaprojects includes the production of energy plants, oil and gas extraction plants, airports and handling projects, railroads, motorways, dams, and even social occasions, such as the Olympic games or all-inclusive articles. Their prerequisites for the coordination and control of a complex collection of financial, social, and specialized assets to transform them into reality are the things that megaprojects have in common. In spite of their criticality, megaprojects are related with to a great degree poor conveyance execution and long-term benefits acknowledgment. The effective exchange of learning across projects and megaprojects has been a long-held want by those engaged with their outline and conveyance.

While BAE was already working on United’s baggage system, the PMT recognized the need for a fully integrated baggage-handling system for all of DIA. Since no other airlines were emerging with plans to develop their own baggage system, airport planners and consultants drew up plans for an airport wide baggage-handling system and sent out request for bids to several different companies. Initially BAE declined to bid on the project due to one main reason; the technology required to operate a system of such a large size and complexity should be determined very early in the project life cycle. BAE had the technology that was needed (destination-coded vehicles moving at high speed) but implementing this technology into such a complex project would have required much more time then was available.

Portfolio and project management are similar and sometimes thought of as being one another. Between the project and portfolio management the goals and the intended strategic action is similar. The process between the portfolio management includes and involves the resources that list a process, which includes the evaluation, selection, and prioritization. Portfolio management and strategic management assist with the organizations missions and goals. These lay out the objective in the continuous planning and monitoring that assist with reaching the goals.

Project management is the application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements (PMBOK Guide, 2008). Using this definition, it is made evident that the parties involved in the Denver International Airport (DIA) Baggage System project in the 1990’s failed at applying basic organizational practices towards managing the triple constraint of scope, time, and cost goals. The combination of inherent risks, uncertainties, and dysfunctional decision making geared the project towards disappointment while simultaneously designating it as a text book example of what not do when taking on a complex project. By looking at the key strengths, weaknesses, opportunities, and threats we can

Planning is the basic duty of the manager as no activity can be done without doing a proper planning. However there are some issues for the managers during the planning processes and setting up the targets of the organization (James, n.d.). The targets for the Lafarge Tarmac are very different from any other construction company in the United Kingdom as unlike Lafarge Tarmac almost 80 percent of the construction companies just do their tasks and do not take the safety and environment as their responsibility at all. During the strategic planning of the Lafarge Tarmac the environment of the operative area is analyzed very thoroughly and plans are made according to the results. Being a construction solution provider it is also a

Project Portfolio Management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics.

• Past evidence to manage big projects:- In year 2000, conversion of order management AtekPC used project management approach. They got everyone together and got it done smoothly. Everyone appreciated it and said it was done well.

Project management is a series of steps taken in sequence to manage a project through all phases from conception to completion. The steps are documented in a strategic plan. The plan is used to ensure that all parties are working towards a common goal. Project management requires applying knowledge, skills, tools and techniques to specific activities in accordance with established standards and guidelines. There are five basic functions of project management: planning, organizing, staffing, directing, and controlling. Basic activities of project management include: identifying project requirements to define the outcomes; addressing various needs, concerns and expectations of others; setting up, maintaining and carrying out communications; managing others; creating project deliverables; and balancing competing project constraints.