Challenges Faced in 205 North Quay Project: A Project Management Report

Project Management Report

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
Aim..............................................................................................................................................3
Objectives....................................................................................................................................3
Project scope................................................................................................................................3
Assumptions.................................................................................................................................3
Constraints...................................................................................................................................3
A detailed Project Plan including....................................................................................................4
Overview......................................................................................................................................4
Analysis of stakeholder and their requirements...........................................................................4
Cost management plan.................................................................................................................5
Resources to facilitate the project................................................................................................6
Risk management plan.....................................................................................................................6
Gantt Chart.......................................................................................................................................9
Research Methodology..................................................................................................................10
REFERENCES................................................................................................................................1

INTRODUCTION
Aim
Project aim is to determine challenges faced in 205 North Quay project as company wants to
overcome it for its successful completion.
Objectives
 To identify the challenges of project to formulate the strategies that efficiently works
against its consequences.
 To become first commercial building in Australia to offer tenants a better work-life
approach
 To accomplish the project in suggested $600 million budget.
 To make sure that project will be completed in stipulated 2024 time-frame.
Project scope
In order to complete this project in successful way, following are the tools which will help to
achieve the goals of the project and provide the deliverables outcomes.
Assumptions
 In this construction project, it will deliver the most significant values where at the
initiation stage project feasibility will measure to continue the further stages successfully.
 The resources will be placed effectively and managed by the project manager and team
members.
Constraints
For completing the project, it is common that company will face some barriers which can be seen
as:
Budgetary issues: Finance is one the most important factor to be considered by the company
where without proper financial budget of the project, it will restrict the entire process of the
project management. Therefore, it is important to begin with the accurate budgeting system.
Knowledge and skills: To work on any project, project leader and team both must have
knowledge and skills for making the project completed successfully otherwise, it will cause
hindrance in project deliverables (Dasović and Klanšek, 2021).
Time-limitation: It is important to complete the project on time, where project management
team should begin with the proper approach as to allocate the activities to furnish the project on
time.

A detailed Project Plan including
Overview
205 North Quay is the first commercial building in Australia and one of Brisbane's most
internationally recognizable river-edge development. This construction is designed by
international architecture firms Hassell which is in New York. This construction building is
targeting a 6 green star rating however, the project will be complete in late 2024.
Analysis of stakeholder and their requirements
Stakeholder analysis is the process or method of evaluating the system and potential changes in
regard with the stakeholders participating in the overall project. In general, it is a kind of
technique which is used by the project managers to assist the team members that have an interest
in project and can deliver the successful outcome (Angarita and Gallardo, 2018). Stakeholders
play an important role in order to make the project successful and meet the goals and objectives
as well. The current project is to identify the challenges during the building construction which
becomes barriers for the successful completion of the construction project. Here, highlighting a
stakeholder analysis plan along with their requirements which supports the 205 North Quay
project to be successful in the future.
Name Position Role Contact Major
Requireme
nt
Expectation Category
Scott
Hutchison
Chairman Initiator of
building
projects
scothutch24
[e-mail]
m
Phone,
Email,
reports
Project
should be
complete
successful
in set time-
frame.
Internal
Greg Quinn Managing
Director
Control
operations
and provide
strategic
Quinn542@
gmail.com
Video
conferences,
Documents,
Phone calls,
To meet the
set goals
and giving
appropriate
Internal