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Prairie Waters Project

Decent Essays

Assignment 1: IT Project Management Assessment

CIS 515: IT Project Management
Jan 12th, 2012

Project overview:
According to "Prairie Waters Project Receives Project Management Prestigious 2011 PMI Project Of The Year Award" (2011), “Its exemplary innovation and completion, two months ahead of schedule and $100 million under budget, has made it the 2011 recipient of the Project Management Institute’s prestigious PMI(R) Project of the Year Award. ” (para. 1).
The Prairie Water project led by CH2M HILL was an environmentally responsible, publicly funded project to collect water for city of Aurora from the South Platte River. The project was a crucial one for the city to sustain its population with only 10 months worth of water …show more content…

The project team members were consistent about performing their responsibilities and meeting project milestones. According to "Prairie Waters Project Receives Project Management Institute’s Prestigious 2011 PMI Project Of The Year Award" (2011), “Eight significant stakeholder agreements, 145 land parcels and 44 permits were acquired for approval and completion of the project, which took six years to complete”. Managing 145 stake holders and keeping them informed throughout the project is an enormous task. Various parts of the project required 44 permits to satisfy various codes. Each one of these could have impacted the project schedule or caused the project timeline to slip.
The triple constraints of project management are Cost, Time, and Scope. A proper balance of these three constraints is necessary for successful project completion. Every project, regardless of size or complexity, has to deal with these constraints. The Aurora Water project was initially projected to cost $854 million dollars. Through extensive and successful use of Earned Value Management (EVM), CH2M HILL was able to slash the project cost by $200 million dollars. By fast tracking the project they were able to complete the project 2 months before the original completion date. This was almost a 25% savings from the projected cost. Without innovative ideas to share the savings or fast track the project timeline, the project’s cost could have gone over budget or resulted in fewer savings than

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