Project Management and Relaunching of Carrillion
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This assignment provides an in-depth analysis of project management and its application to the establishment of a new entity, using the failed Carrillion company as a case study. The document highlights the importance of project planning, stakeholder involvement, and effective resource management. It also discusses the significance of adapting new technologies and implementing future-oriented strategies for business expansion.
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ABSTRACT
The report is based on understanding project plan and related tools for establishing new
business. In addition to this, reasons behind faliure of project plan in the last time as of financial
crises and others are discussed. Likewise, project management and systematic planning for
accomplishing tasks are identified. Including this, positive impcts on implementing project plan
and ways to mnage these changes are discribed in this assignment. However, project
management and planning is to introduced for setting up new entity.
The report is based on understanding project plan and related tools for establishing new
business. In addition to this, reasons behind faliure of project plan in the last time as of financial
crises and others are discussed. Likewise, project management and systematic planning for
accomplishing tasks are identified. Including this, positive impcts on implementing project plan
and ways to mnage these changes are discribed in this assignment. However, project
management and planning is to introduced for setting up new entity.
TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................5
Principles of project management...............................................................................................5
Success and failure of project.....................................................................................................6
Key elements in terminating projects and post project appraisals..............................................7
Project structure, roles and responsibilities.................................................................................7
Skills and qualities......................................................................................................................9
Planning and specification..........................................................................................................9
Resource required......................................................................................................................10
Project plan................................................................................................................................11
Work breakdown structure........................................................................................................12
Methods to manage change.......................................................................................................13
Evaluation.................................................................................................................................14
CONCLUSION..............................................................................................................................14
REFERENCES................................................................................................................................1
INTRODUCTION...........................................................................................................................5
Principles of project management...............................................................................................5
Success and failure of project.....................................................................................................6
Key elements in terminating projects and post project appraisals..............................................7
Project structure, roles and responsibilities.................................................................................7
Skills and qualities......................................................................................................................9
Planning and specification..........................................................................................................9
Resource required......................................................................................................................10
Project plan................................................................................................................................11
Work breakdown structure........................................................................................................12
Methods to manage change.......................................................................................................13
Evaluation.................................................................................................................................14
CONCLUSION..............................................................................................................................14
REFERENCES................................................................................................................................1
INDEX OF TABLES
Table 1: project plan to set up new entity......................................................................................11
Table 1: project plan to set up new entity......................................................................................11
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ILLUSTRATION INDEX
Illustration 1: Work breakdown structure......................................................................................13
Illustration 1: Work breakdown structure......................................................................................13
INTRODUCTION
Project management is considered as one of critical aspect which assist in effective
accomplishment of diverse projects. By having an effective consideration of project management
practice the planning and effective management of changes within project can be referred
properly. It has been noticed that there are number of factors which need to be referred by
experts for effective development of overall project. Key areas which need to be referred can be
classified as staffing and management of people, manufacturing and production, quality
management, new business development purchasing etc (Turkulainen, 2011). Present study is
focused on case of Carillion. Project was initially failure due to number of reasons which has
impacted the overall development. It has been noticed that Aberdeen Western Peripheral Route
development was having various issues such as sharp turns and risky road shows. It has also
affected the overall cost of the project and impacted the overall development of project. In
present study, the diverse factors information will be provided which can reduce the risk for new
project plan.
Principles of project management
According to given case study, the selection of route for the road development was not
appropriate which has affected the overall significance of project. It has been noticed that
planning regarding project activities was also not according to key principles of project
management. It means the key issues in terms of principles need to be evaluated properly for
sustainable opportunities (Bredillet, Yatim and Ruiz, 2010).
Project structure: In order to have effective development of project the appropriate
structure need to be proposed in desired manner. There are three key aspects which were
not properly referred at initial project of Carillion. Classification of key factors can be as
project goal, project timeline & order and project milestones. According to Bredillet,
(2010), it is necessary to have effective development of diverse junctures so that key
values of road project can be referred in desired manner (Bredillet, 2010).
Definition phase: It is also significant for members to ensure that proper information is
being provided to stakeholders. By having an effective reference of such values issues
can be resolved in desired manner. According to Burke, (2013) project manager must
ensure that appropriate information about the risk and further factors is being provided to
stakeholders so that issues can be overcome (Burke, 2013).
Project management is considered as one of critical aspect which assist in effective
accomplishment of diverse projects. By having an effective consideration of project management
practice the planning and effective management of changes within project can be referred
properly. It has been noticed that there are number of factors which need to be referred by
experts for effective development of overall project. Key areas which need to be referred can be
classified as staffing and management of people, manufacturing and production, quality
management, new business development purchasing etc (Turkulainen, 2011). Present study is
focused on case of Carillion. Project was initially failure due to number of reasons which has
impacted the overall development. It has been noticed that Aberdeen Western Peripheral Route
development was having various issues such as sharp turns and risky road shows. It has also
affected the overall cost of the project and impacted the overall development of project. In
present study, the diverse factors information will be provided which can reduce the risk for new
project plan.
Principles of project management
According to given case study, the selection of route for the road development was not
appropriate which has affected the overall significance of project. It has been noticed that
planning regarding project activities was also not according to key principles of project
management. It means the key issues in terms of principles need to be evaluated properly for
sustainable opportunities (Bredillet, Yatim and Ruiz, 2010).
Project structure: In order to have effective development of project the appropriate
structure need to be proposed in desired manner. There are three key aspects which were
not properly referred at initial project of Carillion. Classification of key factors can be as
project goal, project timeline & order and project milestones. According to Bredillet,
(2010), it is necessary to have effective development of diverse junctures so that key
values of road project can be referred in desired manner (Bredillet, 2010).
Definition phase: It is also significant for members to ensure that proper information is
being provided to stakeholders. By having an effective reference of such values issues
can be resolved in desired manner. According to Burke, (2013) project manager must
ensure that appropriate information about the risk and further factors is being provided to
stakeholders so that issues can be overcome (Burke, 2013).
Clear goals: It has also been identified that proper goals were not being framed by the
project participants which has affected the design of road route. In this regards, the
SMART objectives should be develop. Along with this, the project manager has clearly
define the goals of the proposed project between the team members.
Risk recognition: At the initial level the risk analysis about the project was not done in
appropriate manner. As per view of Caniëls and Bakens, (2012) it is considered as one of
key reason that the risk related to projects were identified delayed which has also affected
the cost factor in diverse manner (Caniëls and Bakens, 2012). It means the managers need
to focus on early identification of risk aspects so that issues can be overcome.
Managing project disturbances: It is also significant for managers of project to have
effective development of diverse measures so that key issues can be identified in desired
manner. In addition to this, it can be said that by having an appropriate identification of
major disturbances in the work activities and try to manage them. By having an effective
development of diverse measures the issues can be resolved (De Bakker, Boonstra and
Wortmann, 2010).
Process development: It is also necessary for project managers to ensure that application
of activities is being designed in appropriate manner. Proper process need to be
developed effectively so that overall process development can be taken into account.
Success and failure of project
In addition to this, it can be said that success and failure of project is dependent over
number of factors. It has been noticed that there are various factors which were not referred by
the project manager of Carillion. It has affected the success of project and impacted directly on
the cost factor.
It has been noticed that user involvement is referred as factor which must be considered
properly for sustainable development. If all members are not properly engaging in the activities
then it will affect the overall outcome. Decision making must be accomplished with an
involvement of diverse stakeholders (Heising, 2012). It will ensure framing of activities in
manner to meet the objectives. Along with this, resource management practice was also not
properly employed by the Carillion experts. Heising, (2012) contended that it is necessary for
project manager to design a framework which impacts the resource allocation in positive manner.
project participants which has affected the design of road route. In this regards, the
SMART objectives should be develop. Along with this, the project manager has clearly
define the goals of the proposed project between the team members.
Risk recognition: At the initial level the risk analysis about the project was not done in
appropriate manner. As per view of Caniëls and Bakens, (2012) it is considered as one of
key reason that the risk related to projects were identified delayed which has also affected
the cost factor in diverse manner (Caniëls and Bakens, 2012). It means the managers need
to focus on early identification of risk aspects so that issues can be overcome.
Managing project disturbances: It is also significant for managers of project to have
effective development of diverse measures so that key issues can be identified in desired
manner. In addition to this, it can be said that by having an appropriate identification of
major disturbances in the work activities and try to manage them. By having an effective
development of diverse measures the issues can be resolved (De Bakker, Boonstra and
Wortmann, 2010).
Process development: It is also necessary for project managers to ensure that application
of activities is being designed in appropriate manner. Proper process need to be
developed effectively so that overall process development can be taken into account.
Success and failure of project
In addition to this, it can be said that success and failure of project is dependent over
number of factors. It has been noticed that there are various factors which were not referred by
the project manager of Carillion. It has affected the success of project and impacted directly on
the cost factor.
It has been noticed that user involvement is referred as factor which must be considered
properly for sustainable development. If all members are not properly engaging in the activities
then it will affect the overall outcome. Decision making must be accomplished with an
involvement of diverse stakeholders (Heising, 2012). It will ensure framing of activities in
manner to meet the objectives. Along with this, resource management practice was also not
properly employed by the Carillion experts. Heising, (2012) contended that it is necessary for
project manager to design a framework which impacts the resource allocation in positive manner.
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If project manager is having focus on key values then it will allow to meet the deadlines
properly.
Scheduling also need to be advanced as per motive and purpose of project. It has been
noticed that at the initial level the key aspects in terms of scheduling was also not proper which
has also affected the key outcome.
Project success factors Project failure factors
Effective leadership Poor leadership
Dedicated commitment of team members Underutilized resources
Clear vision Unclear goals and objectives
Effective distribution of information Improper communication
Motivation Lack of motivation
Support of top management Unsupportive top management
Key elements in terminating projects and post project appraisals
Project termination is referred as decision which is one of critical aspect for the overall project. It
is mainly be identified at the level of implementation of project plan. It has been noticed that
factors which need to be referred at the time of termination are classified as legal requirements,
closing the contract with the different suppliers and contractors. Along with this, Hwang and
Tan, (2012) argued that billing to various parties and transferring of roles also need to be referred
effectively. If key measures in terms of sharing information are not being well maintained then it
will affect the effectiveness of project. It is significant for manager of Carillion project to ensure
that human capital and other values are also being referred properly (Hwang and Tan, 2012).
Along with this, variance analysis and post project analysis is also required to be consider
so that key goals and objectives can be accomplished. In this regard the risk must be explained in
detailed manner so that sustainable opportunities can be attained. In addition to this, it can be
said that classification of diverse activities can be as planning, review of elements, review of
documents and sharing of findings.
properly.
Scheduling also need to be advanced as per motive and purpose of project. It has been
noticed that at the initial level the key aspects in terms of scheduling was also not proper which
has also affected the key outcome.
Project success factors Project failure factors
Effective leadership Poor leadership
Dedicated commitment of team members Underutilized resources
Clear vision Unclear goals and objectives
Effective distribution of information Improper communication
Motivation Lack of motivation
Support of top management Unsupportive top management
Key elements in terminating projects and post project appraisals
Project termination is referred as decision which is one of critical aspect for the overall project. It
is mainly be identified at the level of implementation of project plan. It has been noticed that
factors which need to be referred at the time of termination are classified as legal requirements,
closing the contract with the different suppliers and contractors. Along with this, Hwang and
Tan, (2012) argued that billing to various parties and transferring of roles also need to be referred
effectively. If key measures in terms of sharing information are not being well maintained then it
will affect the effectiveness of project. It is significant for manager of Carillion project to ensure
that human capital and other values are also being referred properly (Hwang and Tan, 2012).
Along with this, variance analysis and post project analysis is also required to be consider
so that key goals and objectives can be accomplished. In this regard the risk must be explained in
detailed manner so that sustainable opportunities can be attained. In addition to this, it can be
said that classification of diverse activities can be as planning, review of elements, review of
documents and sharing of findings.
Project structure, roles and responsibilities
Participants for
ACME project
Roles and responsibilities in the form of job description Carillion Project
specific
Project manager Manager must focus on application of plan as per key standards
Effective management of risk and resources is also significant to
consider by management
Quality standards need to be employed by the experts for better
opportunities in terms of manager.
Proper reference to the project plan deadlines is also significant for
sustainable opportunities.
Management of various operational activities is necessary to refer
Recruitment of the staff members.
Application of monitoring process is necessary to refer
Architecture Development of design in respect to Carillion road project is also
significant.
It is also necessary to identify the issues in terms of construction
like sharp turns, etc.
Quality analyst Quality analyst must focus on effective development of measures
that allows to have monitoring of quality.
Project team
members
Diverse assistance is being required from subordinates.
Application of activities as per key needs is also necessary so that
key outcome can be attained
Project sponsor Must provide proper funds and other resources so that key values
can be well maintained.
Approve budget according to need of the project.
Participants for
ACME project
Roles and responsibilities in the form of job description Carillion Project
specific
Project manager Manager must focus on application of plan as per key standards
Effective management of risk and resources is also significant to
consider by management
Quality standards need to be employed by the experts for better
opportunities in terms of manager.
Proper reference to the project plan deadlines is also significant for
sustainable opportunities.
Management of various operational activities is necessary to refer
Recruitment of the staff members.
Application of monitoring process is necessary to refer
Architecture Development of design in respect to Carillion road project is also
significant.
It is also necessary to identify the issues in terms of construction
like sharp turns, etc.
Quality analyst Quality analyst must focus on effective development of measures
that allows to have monitoring of quality.
Project team
members
Diverse assistance is being required from subordinates.
Application of activities as per key needs is also necessary so that
key outcome can be attained
Project sponsor Must provide proper funds and other resources so that key values
can be well maintained.
Approve budget according to need of the project.
Steering committee Provides a guidance to the experts so that key outcome can be
attained in desired manner.
Reports are being analysed on regular basis so that key deliverables
of current project plan can be taken into account effectively.
System administrator Effective management of data base is also significant to refer so that
key outcome can be accomplished.
Skills and qualities
It is necessary for management of Carillion project is effectively focused towards diverse
skills among members so that effectiveness can be well maintained. Problem solver skills will
allow to have identification of ways that can resolve issues. It has been noticed that by having an
appropriate development of norms. It will also help in dealing with diverse problems. Along with
this, it has been noticed that team building skills is also required to be referred by the experts in
order to have better opportunities (Jun, Qiuzhen and Qingguo, 2011). Manager should know the
appropriate use of leadership skills and under the working styles of the team members.
Planning and specification
It is essential to create a specific planning for establishing new business as launching an
emergency fundraising. It includes considering factors as; cost to be incurred in operations, work
segmentation among members and so on (Beringer, Jonas and Kock, 2013). However, it will be
suitable for accomplishing tasks and meeting set goals effectively. Including this, optimum
utilization of resources and fund can be gained for setting up new entity. In this regard, following
factors are to be considered as mentioned below:
Allocation of resources and fund: It is analysed that what quality and quantity of
resources are required for building up new entity (Burke, 2013). Including this, budget is
prepared regarding how much cost is to be incurred for construction and infrastructure. In
addition to this, it is also recognised that what quality materials of resources are to be
required for the process.
Analysing environmental factors: For setting up new fundraising for Carallian, it is
required to analyse environmental factors like; market structure, government policies of
Saudi Arabia (Coghlan, 2014). Similarly, costs in terms of purchasing materials, labour
attained in desired manner.
Reports are being analysed on regular basis so that key deliverables
of current project plan can be taken into account effectively.
System administrator Effective management of data base is also significant to refer so that
key outcome can be accomplished.
Skills and qualities
It is necessary for management of Carillion project is effectively focused towards diverse
skills among members so that effectiveness can be well maintained. Problem solver skills will
allow to have identification of ways that can resolve issues. It has been noticed that by having an
appropriate development of norms. It will also help in dealing with diverse problems. Along with
this, it has been noticed that team building skills is also required to be referred by the experts in
order to have better opportunities (Jun, Qiuzhen and Qingguo, 2011). Manager should know the
appropriate use of leadership skills and under the working styles of the team members.
Planning and specification
It is essential to create a specific planning for establishing new business as launching an
emergency fundraising. It includes considering factors as; cost to be incurred in operations, work
segmentation among members and so on (Beringer, Jonas and Kock, 2013). However, it will be
suitable for accomplishing tasks and meeting set goals effectively. Including this, optimum
utilization of resources and fund can be gained for setting up new entity. In this regard, following
factors are to be considered as mentioned below:
Allocation of resources and fund: It is analysed that what quality and quantity of
resources are required for building up new entity (Burke, 2013). Including this, budget is
prepared regarding how much cost is to be incurred for construction and infrastructure. In
addition to this, it is also recognised that what quality materials of resources are to be
required for the process.
Analysing environmental factors: For setting up new fundraising for Carallian, it is
required to analyse environmental factors like; market structure, government policies of
Saudi Arabia (Coghlan, 2014). Similarly, costs in terms of purchasing materials, labour
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and additional overhead as well. However, variety of ideas are generated for construction
and appropriate quantity of materials used.
Workers' involvement: Planning process also involved involvement of team members
work for accomplishing tasks. Beringer, Jonas and Kock, (2013) stated that it includes
project manager, team leader and group workers for meeting goals and construction. In
addition to this, work is also segmented among team members according to their abilities
and performances.
Therefore, planning is created in respect of considering all the above mentioned factors
which impacted on construction and infrastructure. It is specified that project can be
accomplished effectively as with coordination of all members (Conforto and et.al., 2014). In
addition to this, fund can manage appropriately for the construction plan. Similarly, which source
is appropriate at most for business plan is analysed by which different ideas are created for
project and meeting its goals efficiently. Thus, planning in terms of all these factors will be
successful to set a new entity with effective funding and resource plan.
Resource required
Different resources are required to be allocated for setting up new entity and managing
fund efficiently. In accordance to this, required resources are considered as materials, fund,
people and so on. Therefore, for reducing financial crises and building a new entity of Carillion,
resources are to be allocated as; steel, bricks, stock etc. Similarly, analysis of costs incurred for
labour, purchasing materials, workers' involvement in team building and so on (Heagney, 2016).
Therefore, all required are to planned for construction and building new entity as for providing
variety of goods and services. Including this, it is helpful for systematic planning and balancing
between incurred expenses and gained revenue. Therefore, project can be succeed effectively by
which new entity will construct systematically. Along with this, Conforto and et.al., (2014)
contended that project manager analyses all wrong and mistakes which have suffered in last time
on which decisions are made to overcome them.
However, identifying and allocating resources needed to building new entity as well
constructing will be effective for Carillion appropriately. In accordance to this, variety of ideas
are created for balancing and getting success in project plan (Lock, 2014). Apart from this,
and appropriate quantity of materials used.
Workers' involvement: Planning process also involved involvement of team members
work for accomplishing tasks. Beringer, Jonas and Kock, (2013) stated that it includes
project manager, team leader and group workers for meeting goals and construction. In
addition to this, work is also segmented among team members according to their abilities
and performances.
Therefore, planning is created in respect of considering all the above mentioned factors
which impacted on construction and infrastructure. It is specified that project can be
accomplished effectively as with coordination of all members (Conforto and et.al., 2014). In
addition to this, fund can manage appropriately for the construction plan. Similarly, which source
is appropriate at most for business plan is analysed by which different ideas are created for
project and meeting its goals efficiently. Thus, planning in terms of all these factors will be
successful to set a new entity with effective funding and resource plan.
Resource required
Different resources are required to be allocated for setting up new entity and managing
fund efficiently. In accordance to this, required resources are considered as materials, fund,
people and so on. Therefore, for reducing financial crises and building a new entity of Carillion,
resources are to be allocated as; steel, bricks, stock etc. Similarly, analysis of costs incurred for
labour, purchasing materials, workers' involvement in team building and so on (Heagney, 2016).
Therefore, all required are to planned for construction and building new entity as for providing
variety of goods and services. Including this, it is helpful for systematic planning and balancing
between incurred expenses and gained revenue. Therefore, project can be succeed effectively by
which new entity will construct systematically. Along with this, Conforto and et.al., (2014)
contended that project manager analyses all wrong and mistakes which have suffered in last time
on which decisions are made to overcome them.
However, identifying and allocating resources needed to building new entity as well
constructing will be effective for Carillion appropriately. In accordance to this, variety of ideas
are created for balancing and getting success in project plan (Lock, 2014). Apart from this,
management of all resources can be gained in terms of using taking financial aid from
appropriate source and implementing plans effectively. Thus, new building can be established
efficiently in respect of allocating materials and resources for project management efficiently.
Project plan
Project plan is a process of accomplishing tasks and preparing systematic framework for
setting up new entity. This plan includes systematic stages for construction, managing resources
and fund as well getting success (Pollack and Algeo, 2014). However, project plan and steps
involved in establishment of new entity is to be identified as follows:
Table 1: project plan to set up new entity
Plan Activity Estimated cost
incurred in plan
Time frame
Analysing available
fund and resources
At first, available fund and resources
are identified for establishing new
entity for Carrilion.
200 1 week
Planning for
construction
Afterwards, appropriate budget is
prepared as cost incurred on
purchasing materials, labour cost and
additional overhead.
It also includes quality and quantity
of resources as well needed fund to
get success in project plan.
300 1-2 weeks
Purchasing materials
and segmenting work
among workers
As determined plan, resources are
purchased as steel, bricks and others
for setting up new entity.
400-500 2 weeks
Implementing plan All plans are converted into action
for project and getting success in its
plan.
700-900 12-15 weeks
appropriate source and implementing plans effectively. Thus, new building can be established
efficiently in respect of allocating materials and resources for project management efficiently.
Project plan
Project plan is a process of accomplishing tasks and preparing systematic framework for
setting up new entity. This plan includes systematic stages for construction, managing resources
and fund as well getting success (Pollack and Algeo, 2014). However, project plan and steps
involved in establishment of new entity is to be identified as follows:
Table 1: project plan to set up new entity
Plan Activity Estimated cost
incurred in plan
Time frame
Analysing available
fund and resources
At first, available fund and resources
are identified for establishing new
entity for Carrilion.
200 1 week
Planning for
construction
Afterwards, appropriate budget is
prepared as cost incurred on
purchasing materials, labour cost and
additional overhead.
It also includes quality and quantity
of resources as well needed fund to
get success in project plan.
300 1-2 weeks
Purchasing materials
and segmenting work
among workers
As determined plan, resources are
purchased as steel, bricks and others
for setting up new entity.
400-500 2 weeks
Implementing plan All plans are converted into action
for project and getting success in its
plan.
700-900 12-15 weeks
Evaluation In this process, evaluation on
accomplished task as built entity is
created.
It is comparative analysis as
comparison between actual and
expected performance.
200 2-3 weeks
Cost calculation Afterwards, comparison is created
between estimated and incurred cost
on project as for setting up new
entity.
It impacts on monetary position of
Callirion as well different ideas are
generated for reducing expenses and
increasing revenue.
100 1 week
Taking feedback In this stage, feedback is to taken
from all members involved in project
plan including project manager, team
members and so on.
Including this, requirements to fulfil
in the future time are identified.
200 1-2 weeks
Reporting In the end, report is prepared as in
terms of project plan and tips to be
considered for the next time.
100 1 week
Work breakdown structure
It is a structural framework which project planning from starting to end. However, it
includes processing with starting of project to closure for which different ideas are generated for
accomplished task as built entity is
created.
It is comparative analysis as
comparison between actual and
expected performance.
200 2-3 weeks
Cost calculation Afterwards, comparison is created
between estimated and incurred cost
on project as for setting up new
entity.
It impacts on monetary position of
Callirion as well different ideas are
generated for reducing expenses and
increasing revenue.
100 1 week
Taking feedback In this stage, feedback is to taken
from all members involved in project
plan including project manager, team
members and so on.
Including this, requirements to fulfil
in the future time are identified.
200 1-2 weeks
Reporting In the end, report is prepared as in
terms of project plan and tips to be
considered for the next time.
100 1 week
Work breakdown structure
It is a structural framework which project planning from starting to end. However, it
includes processing with starting of project to closure for which different ideas are generated for
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its completion and gaining participation of workers in planning (Terskikh, 2015). In this regard,
work breakdown structure for this project is to be identified as follows:
However, project is to be completed in three stages as planning, implementing and
completing. All stages have different forms of functions as; selection of financial source,
evaluation on purchasing materials and so on (Beringer, Jonas and Kock, 2013). This planning
process is helpful for accomplishing all tasks and getting success more efficiently to set new
entity for Callirian. Along with this, it also involves evaluation on outcomes as well comparing
actual and expected outcomes. Therefore, project plan can be succeed effectively in terms of
establishing new entity and reducing financial crises.
Illustration 1: Work breakdown structure
work breakdown structure for this project is to be identified as follows:
However, project is to be completed in three stages as planning, implementing and
completing. All stages have different forms of functions as; selection of financial source,
evaluation on purchasing materials and so on (Beringer, Jonas and Kock, 2013). This planning
process is helpful for accomplishing all tasks and getting success more efficiently to set new
entity for Callirian. Along with this, it also involves evaluation on outcomes as well comparing
actual and expected outcomes. Therefore, project plan can be succeed effectively in terms of
establishing new entity and reducing financial crises.
Illustration 1: Work breakdown structure
Methods to manage change
As discussing on success of project plan on setting up new entity, it is needed to maintain
impacted positive changes. It can be done through implementing plans and managing fund as
well resources for the entity (Coghlan, 2014). However, following methods can be applied for
managing changes as: Preparing future oriented strategies: Through preparing strategies in context to future
orientation will be effective for business' expansion. Including this, various ideas are
generated for balancing between incurred expenses and gained revenue efficiently
(Heagney, 2016). However, it is effective for decision making regarding further years and
maintaining its performance appropriately.
Adopting new technologies: It is recognised that technologies get changed from time to
time therefore, adopting these technologies remain effective for further operations.
Including this, market position and management of entire operations can be determined
for Callirion (Lock, 2014). Similarly, business and number of its branches can be
increased across Saudi Arabia. However, impacted positive changes can manage
effectively in terms of increasing performance and profitability at higher level.
Evaluation
It is project plan activity by which different ideas are generated for managing project and
implementing actions in the upcoming time. In this process, differences between actual and
expected performance is identified for Carrilion. It impacted on creating balances and improving
its services efficiently. Along with this, it is helpful to get success in project and meeting goals
for improving services and further operations (Project Management, 2016). However, project
can be managed which impacted on further growth and improvements in its profile. Therefore,
evaluation on project plan, cost incurred in plan as labour cost, purchasing materials and
overhead.
Recommendations
For project management and setting up new entity, following recommendations are
required to be considered as:
As discussing on success of project plan on setting up new entity, it is needed to maintain
impacted positive changes. It can be done through implementing plans and managing fund as
well resources for the entity (Coghlan, 2014). However, following methods can be applied for
managing changes as: Preparing future oriented strategies: Through preparing strategies in context to future
orientation will be effective for business' expansion. Including this, various ideas are
generated for balancing between incurred expenses and gained revenue efficiently
(Heagney, 2016). However, it is effective for decision making regarding further years and
maintaining its performance appropriately.
Adopting new technologies: It is recognised that technologies get changed from time to
time therefore, adopting these technologies remain effective for further operations.
Including this, market position and management of entire operations can be determined
for Callirion (Lock, 2014). Similarly, business and number of its branches can be
increased across Saudi Arabia. However, impacted positive changes can manage
effectively in terms of increasing performance and profitability at higher level.
Evaluation
It is project plan activity by which different ideas are generated for managing project and
implementing actions in the upcoming time. In this process, differences between actual and
expected performance is identified for Carrilion. It impacted on creating balances and improving
its services efficiently. Along with this, it is helpful to get success in project and meeting goals
for improving services and further operations (Project Management, 2016). However, project
can be managed which impacted on further growth and improvements in its profile. Therefore,
evaluation on project plan, cost incurred in plan as labour cost, purchasing materials and
overhead.
Recommendations
For project management and setting up new entity, following recommendations are
required to be considered as:
All ethical considerations should be considered for project management and collecting
data.
Prepared strategies should be implemented as determined for getting success in setting up
new entity.
CONCLUSION
It is concluded that project management is an essential approach for setting up new
entity. In this regard, reasons behind failure of Carrillion has been discussed as occurrence of
financial crises, imbalanced market structure of Saudi Arabia. Including this, significance of
project planning and its management is identified for which different ideas are generated
regarding expansion and managing impacted positive changes in the entity. Likewise, several
resources required for project on establishing new entity is recognised in this assignment. Along
with this, stakeholders' involvement in project plan as project managers and other workers is
recognised. However, what wrong has done with Carillion and ideas for its relaunching has been
discussed in terms of project management. In addition to this, project management concepts and
tools are determined for establishment of new entity and decision making regarding its further
operations.
data.
Prepared strategies should be implemented as determined for getting success in setting up
new entity.
CONCLUSION
It is concluded that project management is an essential approach for setting up new
entity. In this regard, reasons behind failure of Carrillion has been discussed as occurrence of
financial crises, imbalanced market structure of Saudi Arabia. Including this, significance of
project planning and its management is identified for which different ideas are generated
regarding expansion and managing impacted positive changes in the entity. Likewise, several
resources required for project on establishing new entity is recognised in this assignment. Along
with this, stakeholders' involvement in project plan as project managers and other workers is
recognised. However, what wrong has done with Carillion and ideas for its relaunching has been
discussed in terms of project management. In addition to this, project management concepts and
tools are determined for establishment of new entity and decision making regarding its further
operations.
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