The 2012 Olympics Infrastructure: Role of Projects in Delivering Organisational Strategy
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This report discusses the role of projects in delivering organisational strategy, the process for initiating, planning and managing projects, and evaluates the effectiveness of stakeholder management, risk analysis, benefits and decision making in the 2012 Olympics Infrastructure project.
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The 2012 Olympics Infrastructure
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Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Task 1...............................................................................................................................................3 The role of projects in delivering organisational strategy......................................................3 The process for initiating, planning and managing projects...................................................4 Task 2...............................................................................................................................................6 The 2012 Olympics Infrastructure..........................................................................................6 Recommendations..................................................................................................................8 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10 Books and Journals...............................................................................................................10
INTRODUCTION Project management is the process that helps the team members to attain goals and objectives. The information is present in the form of documents that support the development process (Ika and et.al., 2020). In this report, there is discussion related to “The 2012 Olympics Infrastructure”. The role of projects in achieving the organisation goals are part of this report. Along with that, the overall process of initiating, planning and managing projects is discussed in the report. To check the effectiveness of the project there is evaluation of the stakeholder management, risk analysis, benefits and decision making in the project. MAIN BODY Task 1 The role of projects in delivering organisational strategy The project must be commenced by with the clear view of deliverables. The objective must be clearly defined and by focusing on the project success can be attained. The decisions of the project must be based on maximising the profits of the organisation. The project must be prioritized by selecting right goals and setting portfolio (Picciotto, 2020). The delivery of the project can be done successfully with the help of skilled employees. The result must also be measured on regular basis so that cot, scope and time is adhered. Projects that are undertaken by the organisation must met with their strategy. The end result of the project must be related to the overall strategy of the organisation. It is seen that the organisation selects group of people who will work together to attain success of the business. There is need to conduct proper research and know about the needs and wants of the business organisation. By working effectively, the organisational strategy can be accomplished. The management of project must be done in such a manner that systematic goals and objectives can be attained. The delivery of each and every stage of the project must be done in proper manner so that the success of project is attained. The group of people must work together and not only focus on the individual goals but on the organisational goals. There is key role of the employees that are working in the project. So, they must be provided with proper training so that all of them are able to work carefully. There is key role of project in delivering the organisational strategy. The scope of project must be designed in such a manner that the organisation is able to attain strategy. The objectives
of the organisation must be clearly mentioned so that the project goals can be aligned with the same. It is necessary to motivate the team members so that they are dedicated and work with full potential and attain success (Tereso and et.al., 2019). The managers of the company must initiate the project with setting and defining clear goals. There is need of proper planning and better understanding of goals and objectives so that success can be achieved. All the resources must be used wisely so that the profitability position of the organisation can also be achieved. It is seen that budget must also be approved by the organisational team in the starting of the project. It will necessarily help them to stick on the same and align the success with the strategy of the organisation. The time must also be decided and the deadlines must be adhered. All this helps the company to carry on the work properly and will full enthusiasm that makes the work to be completed successfully. All the opportunities must be grabbed properly and actions must be taken so that the success of the project is attained. The process for initiating, planning and managing projects To carry on a project there are certain stages that must be followed. It is important to follow all the stage as they result in successful completion of the project. It is necessary to work effectively in each and every stage so that there is no problem. It not easy to manage the projects andhandlethem(Müller,DrouinandSankaran,2019).Byfollowingallthestages systematically, the success of project can be attained. The five phases of project are mentioned below: Project initiation: It is the very first stage in the project that deals in setting abstract of the project. A business case is being developed in this stage so that the needs of the project can be analysed. Project charter is being formulated in the first stage of the project that includes goals, budget and timeline of the project. The discussion related to stakeholders of the project are being evaluated and the way of communicating with the is also mentioned. It is one of the important step in the project management. Project Planning: In the project planning stage there is requirement of creating a roadmap for the project. The use of all the resources is done and the smart objectives are formulated. It is necessary to set clear objectives and communicate the same with all the people included in the project (Bjorvatn and Wald, 2018). The scope of the project is also defined in this step and the project managers divide the work in small task. Work breakdown structure is being created that visualise the entire project and the scenario in front of team members. All of them work together
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to carry on the project and set the time lines. Along with that in this stage the project communication plan with schedule of communication with the relevant stakeholders is also analysed. This equation is another important aspect of this stage (Aanbari and Kwak, 2018). By exploring past events the potential risk is identified and a strategy is developed to minimise the risk. Change management plan is also designed so that it can be used in in case of requirement. The use of agile methodology is important part of this stage. Project execution: In this stage, the team members execute and implement the actual work. There is need of efficient workers that are managed by project managers so that work is undertaken properly. The progress of the team must be measured on regular basis. The project stakeholders must be consistently interacted so that they are aware about all the actions that are being taken by them. All the issues that are being faced are solved so that the project runs smoothly. The overall work must be done with the help of proper project collaboration tools that are available. This enhances the efficiency of the team and objectives are achieved effectively. Project monitoring and control: This is stage goes hand in hand with the project execution. It is important to monitor and control the steps taken by project members at each and every stage so that the success can be measured. To achieve the objectives and project deliverables it is necessary to keep on controlling all the steps that are being taken. The project manager needs to set critical success factors as well as key performance indicators and keep track on them. It is the responsibility of manager to tackle the efforts and cost being used at the time of project (Copola Azenha, Aparecida Reis and Leme Fleury, 2021). By checking the budget requirements and completion of activities within right time the success of the project can be checked. It is important to learn from the project and use the same in future projects as well. Project Closing: It is the final stage in project management. This stage indicates closure of the project and its final delivery. All the work is successfully completed and meeting takes place to discuss the success of the project. By carrying on all the stages properly the success of project is undertaken properly. There is need to follow all the stages in systematic manner and with full focus so that the objectives set can be attained. Each and every stage is necessary and there is need of project management to attain success of the project.
Task 2 The 2012 Olympics Infrastructure Project context:The biggest task here was to build structures, bridges, and highways so that access to the 2012 games. It is important to take care of all the areas that will facilitate to enhance the overall growth of the infrastructure. There is need to develop the infrastructure of theplaceandallowtransportationaroundnumerouswaterwaysandrailwaysduringthe construction process. The ODA built more than 30 new bridges in order to support the infrastructural development (Borkovskaya, 2018). The notable new structure was to build 250- m-long and 40-m-wide pedestrian bridge that provides main access Olympic park at the time of games. It not only provides foot traffic to enter the park but also serves as the roof structure of Zaha Hadid's Aquatics Centre training pool. It is seen that, to meet the energy centre that is proper power, Colling and needs at the time of 2012 ODA oversaw the development of an Energy Centre. The work was to utilize the renewable energy and energy-efficient technology. It was located in west section of Olympic Park and the plant is powered by natural gas. Another building that was build there was Pumping station. Which conveys, collects, and removes waste water from the main venues in the Park and from nearby residential developments. It also featured lantern at the top of its tower that was used as a landmark for the nearby areas. The development of physical infrastructure was important but at the same time the focus was on developing technology. The expenses on IT was also made so that the complexities can be removed. The IT systems were enhanced and new security networks were developed. This helped to ensure accurate time for games and time results can be taken out. There was development of score boards, and public announcement systems and utilizing new media technologies to provide worldwide access to the Games. Stakeholder management:The key stakeholders in 2012 Olympics Infrastructure were local police, authorities, and emergency services, together with venue owners, sponsors, committees. Managing all the stakeholders is important. They worked to involve them in decision making. It is necessary to carry on the proper communication so that all the stakeholders can be managed. All the vision and key responsibilities are being disclosed to them so that they are able to know about each and every action can be undertaken effectively. They are interested in the information of the infrastructure development. The delivery of all the essentials is done and the schedule is
also communicated to them. The success of the project can be achieved by managing all the stakeholders properly and meeting their needs properly. It will help them to carry on the work properly and help in decision making. Governance & Monitoring progress: All the principles of governance were followed. No harm was being caused to environment and the resources were used in optimum manner for the success of the project. All the actions related to sustainability were followed by the team. It is necessary to monitor the progress on regular basis so that all the problems can be analysed. There is need to carry on proper research and monitoring on regular basis (Armenia and et.al., 2019). The use of KPI is done and it helps to check the progress at the time of executing the strategies and carrying on all the processes. Outputs, outcomes and benefits; reporting and achievement: Below is discussion related to the benefits of the Olympics: It helped to enhance the job opportunities as well as economic condition of the nation. It was important at the time of reception as the private construction sector got a big boom and the government spending was also enhanced. It provided job to various people at that time. Olympics also boost the prestige of the country. The development in the infrastructure was for the betterment of the nation and was an opportunity that was showcased to the world. The image was enhanced and is a good example of non monetary benefits. It also boosts travel and tourism in the nation at that time. Not only at that time but also in future period as well. All the infrastructural development was for the benefit of the nation. The developed various technology as well as energy consumption was also enhanced. The parks and stadiums were also beneficial for the nation. It also enhance the public transportation system of that place (Costs and Benefits London Olympics 2012, 2017). It also encourages the sportsmanship in the nation and people started being conscious about their health. It gave a boon to healthcare sector is well that results in fit and healthy people of the nation. Problem solving and decision making: It is seen that problems can arise at any time. There is need of understanding the problems and taking right decision at that time. It is seen that the project manager keeps on conducting research and analysing all the problems that arise. The
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conflicts arise in between the progress of the project. By working according to all the solutions the problems can be solved. It is necessary to know about the issue and then identify the root cause so that right decisions can be made (Hair and Sarstedt, 2021). It is seen that by dealing properly with the working people the tasks can be attained properly. There is need of solving the problems and taking wise decisions for success of the project. There is certain risk that are also part of the project and they must also be analysed so that proper actions can be taken. It is need to work as per all the measures and bringing the project to success. Recommendations There is need of considering some points and factors that will lead to success of the project. It is necessary to assure that the project is successful and overall goals and objectives can be achieved. The points are discussed below: All the planning must be done in effective manner so that there is no problem in. All the five phases of the project management plan must be followed in systematic manner as it helps to achieve success. The time and budget of the project must also be analysed in the starting. All the resources must be used in wise manner. it has to carry on the project within the available resources and the profitability is also achieved. The employees must be given proper training so that they are able to work with full potential. At the same time, they must be motivated as it enhances their efficiency and timely completion of work is done. There are certain problems that encounter at the time of project. That must be timely resolved so that there are no conflicts that arise among the members and they can work back with full dedication and success can be achieved.
CONCLUSION From the above report, it is concluded that project management must be done in such a manner that organisational goals can be attained. Along with that all the phases in the project management plan must be followed and are evaluated in the report. The discussion related to 2012 Olympics Infrastructure is done. The stakeholder analysis, proper management of the project and benefits of project are mentioned in the report.
REFERENCES Books and Journals Aanbari, F.T. and Kwak, Y.H., 2018, June. Impact on project management of allied disciplines. Project Management Institute. Armenia and et.al., 2019. Sustainable project management: A conceptualization-oriented review and a framework proposal for future studies.Sustainability,11(9), p.2664. Bjorvatn, T. and Wald, A., 2018. Project complexity and team-level absorptive capacity as driversofprojectmanagementperformance.InternationalJournalofProject Management,36(6), pp.876-888. Borkovskaya, V., 2018. Project management risks in the sphere of housing and communal services. InMATEC Web of Conferences(Vol. 251, p. 06025). EDP Sciences. Chofrehandet.al.,Theimperativeandresearchdirectionsofsustainableproject management.Journal of Cleaner Production,238, p.117810. Copola Azenha, F., Aparecida Reis, D. and Leme Fleury, A., 2021. The role and characteristics of hybrid approaches to project management in the development of technology-based products and services.Project Management Journal,52(1), pp.90-110. Hair, J.F. and Sarstedt, M., 2021. Explanation Plus Prediction—The Logical Focus of Project Management Research. Project Management Journal, p.8756972821999945. Ika and et.al., 2020. Cross-learning between project management and international development: Analysis and research agenda.International Journal of Project Management,38(8), pp.548-558. Müller, R., Drouin, N. and Sankaran, S., 2019. Modeling organizational project management. Project Management Journal, 50(4), pp.499-513. Picciotto,R.,2020.Towardsa‘NewProjectManagement’movement?Aninternational development perspective.International Journal of Project Management,38(8), pp.474- 485. Teresoandet.al.,2019.Projectmanagementpracticesinprivateorganizations.Project Management Journal,50(1), pp.6-22. Online CostsandBenefitsLondonOlympics2012,2017.[Online]Availablethrough: <https://www.economicshelp.org/blog/1390/economics/costs-and-benefits-london-olympics- 2012/>