Critical Analysis of the Clift Village Shopping Centre Project Management Plan

Risk management attempts to recognize and manage potential and unforeseen trouble spots that may occur when the project is implemented (Larson & Gray F, 2003). So, risk management will allow the project manager of “The Renovation of the Terminal B at LaGuardia Airport” identify as many risk event as possible, minimize their impact, manage response to those risks that do materialize, and therefore provide

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

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

The stages of the construction project management differ from the stage of business management, in several respects. For example, construction management first stage is the resolution; it is necessary to identify requirements relating to the project by the owner and choose a consult to help in completing a preliminary assessment for the project and the feasibility, also the impact of its presence in the economic and social development areas. However, planning is the first stage on

Each of the procurement strategy has its own advantages and disadvantages. In order to get the most suitable strategy for this particular project, it is necessary to look for the background of the project. Other than that, the appropriate type of tendering also has to be select for this construction project. Both procurement strategy and

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 Integration Management | Expert Judgment|-PM Plan is Formal, single document, approved (becomes officially the project plan. It defines how project is executed and controlled. Scope, schedule, and Cost, Change, and Configuration Management plans are created in this process and are part of the PM plan- Scope Management plan is developed here as well.|

Feasibility studies are carried out on certain sites to test the usefulness of the initial project brief and to consider how issues on the site can be approached. Site information is specific information on a project in the form of surveys or reports. The procurement task requires preparing project roles tables and contractual trees and continuing the building of the project team. A project roles table sets out the roles needed on a project, as well as outlining the stages of which those roles are required and the people in charge of carrying out the roles. A contractual tree is a diagram which shows the contractual relationship between the parties involved in a project. The programme task is a review of the project programme and the planning task is again where pre-application discussions occur. The suggested key support task involves preparing handover strategies and risk assessments. Handover strategies is the strategy for handing over a building including the requirements for beginning handovers, comissioning and training of

The aim is to complete the project with the traditional sequence, following the stages from the planning stage to the completion stage. Also, more emphasis will be given to human and physical resources, which should make it easier to exploit all constraints associated with the project and making it a priority.

Projects that have insufficient recourses from the beginning will cause stress among the construction professionals. This may create a better working environment, as it will allow employees to have an adequate workload as well as a suitable amount of work responsibilities. Besides this, there is a need to clarify what is expected from each employee in his or her position. Job instructions and goals must be explicit for professionals, in order to minimize unhealthy distress and increase efficiency.

This document is an annotated outline for a Project Management Plan, adapted from the PMI Project Management Body of Knowledge (PMBOK) and IEEE Standard for Project Management Plans. The Project Management Plan is considered to be a “Best Practice” template by the ETS Enterprise Program Management Office (EPMO).

Another interested participant is the project developer who will coordinate and plan the real estate development which will secure the progress of the land project (Gehner 110). Investment budget is allocated for every development stage and the project developer will have the independent authority to make decisions working in line with the development strategy. The internal and external parties will involve other actors as well who would support the development of the project. The internal parties are including project team which are coming from all the departments of the project development. In predevelopment and initiative phase, a concept developer will define the product and technical developer will plan and budget the construction and design process of the land site. The external financing will be arranged by investment manager. The department of Legal and Finance Control will be involved during the entire process with some regularity to communicate possible risks, changes in legislation, cost overruns. However, there are a number of obstacles which should be overcome in order to bring the project to fruition. To bring the project to fruition, the issue of zoning in site analysis should not be overlooked. The approval for rezoning should be obtained in order to avoid the potential problems in the land investment. Moreover, the analysis of existing and planned competing sites

The Project Management Plan (PMP) provides the general overview and establishes specific strategies and milestones for the preparation of study notes and delivery of presentation on the topic “Developing the Project Team “. The PMP will define the project 's requirements and expectations. This document will be updated as required, if there is any change in the subsidiary management plans.

This paper will explore the essential aspects of a Site Management Plan. Divided into two parts - part one is a graphical representation of the Construction Management Plan (CMP) - a flow chart demonstrating issues and/or notions relating to the construction and site plan. Part two

Each delivery method in the construction industry has some challenges that need to be considered to get the project done on time without any issue. Indeed, payment mechanisms play a major role in PPPs contracts because they allocate the risks between the public and the private parties. Therefore, they are essential because they reflect both of the levels of service required as well as the most cost-effective transfer of risk to the private entity .