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Project Management Assessment 1 for Cross Rail Elizabeth Line London

   

Added on  2023-06-07

12 Pages2983 Words418 Views
Management
Assessment 1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Project Overview.........................................................................................................................3
Project development....................................................................................................................5
Stakeholders concerned..............................................................................................................5
Risk analysis................................................................................................................................7
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Project management refers to the use of particular skills, knowledge, tools and techniques for
delivering some value to people. Development of software for the enhanced process of business,
construction of the building, relief efforts after the natural disaster, expansion of sales in the new
geographic markets. Project management have always been practiced informally, but starts for
emerging as the different profession in mid-20th century. It simply means as the process of team
leading for hitting the objectives and completing the deliverables in the set frame (Raharjo and
Purwandari, 2020). It involves the project documentation, tracking, planning and communication
all aiming for delivering successfully in the constraints of scope, time and budget. This report is
made in context of Cross rail –Elizabeth Line London, UK. It will mention the core attributes of
project like the time, budget, quality stakeholders and factors of risk. This report will basically
focus on initial project plan and determination of why project resulted in overrunning and delays.
MAIN BODY
Project Overview
Cross rail is the new Elizabeth Line railway project, is the currently biggest infrastructure
project going on in Europe. Due to the cost, size and complexity it is categorized as the
megaproject. 16 billion Pound railway line will enhance rail capacity of London by 10%
significantly enhancing environment performance of entire city. About sustainability it is the
correct project as megaproject as its challenging for doing it in a correct way as executives and
stakeholders of the project are reluctant for opting the new approaches. They preferred the trial
and test ways for avoiding risks. Management team of Cross rail pursued the innovation and sets
the precedents in the sustainability for project of big size.
Cross rail project will be delivering east west Elizabeth line railway in across London.
There will be of 10 new station, tunnel of 42 km, working for surfacing railways and related
depots and facilities of maintenance. Initial funding of £15.8 billion for constructing from year
2008 to 2019, new line will enhance the London’s passenger capacity and have the £42 billion
value in present benefit to economy of UK (Lai , Deng and Chang, 2019). For being the public
transport project, Cross rail delivers the outcomes by-
Relieving the overcrowding in the existent underground services of train.

By addition of 10% extra capacity of rail in London.
Reducing the trip time in London, as it brings the 1.5 million people in 45 minutes’
distance of London’s district. Approximately 200 million passengers will travel in the
Cross rail per year. 8 sub-surface stations are going to be connected by the twin tunnel
whose measurement is 21 km in London (Elia, Margherita and Secundo, 2020) .
Cross rail Ltd was established as the subsidiary of the transport for London for delivering
project to need of financiers.
This project is funded by UK government in form 60% funding and remaining
40% by TFL. In the year 2007 the budget of funding was £15.9 billion for delivering the
Cross rail scheme completely. By following spending review in year 2010, budget of
funding was decreased to £14.8 billion. Total length of underground and over ground is
118 km, which connects the commerce, business and transport hubs. It’ll directly connect
the Heathrow airport with London’s commercial heart in Oxford Street and hubs of
London. It’s a project funded by public but is managed by privately owned firms having
board which acts as the practices of private sector. Funds parts were collected by special
tax applicable on the businesses of London. Small contributions were done from firms
who will be directly benefitted from project like City of London, Heathrow and others.
Project need the additional funds in 2018 and estimated at £15.4(Dinnik, Grigoryeva and
Galoyan, 2019). Final cost of project will be increased by project completion.
Construction and design of Elizabeth line presents the example of complex program of
the projects for managing as evidencing by contract arrangements needed for delivering
infrastructure and systems. Cross rail Ltd have farly assigned the 23 model frameworks
contracts and over the 80 contracts of logistics and logistics.

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