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Project Management Analysis of Sydney Opera House Failed Project

   

Added on  2023-04-25

11 Pages948 Words51 Views
COST AND TIME
OVERRUN
CASE STUDY OF SYDNEY AUSTRALIA S OPERA
HOUSE PROJECT

INTRODUCTION
Sydney Australia's iconic opera house is a study in the failure project of Australia
The project plan is four year timeline with a budget of AU$7 million, but actual budget is
AU$102 million with 14 years to complete (Sydney opera house failed project 2017).
Failed due to cost and time overrun
Analyze of project management actions to take better control the project and
stakeholders in order to increase the chance for successful delivery

RANGE OF USED CONTROL SYSTEM FOR
COST, SCHEDULE, SCOPE AND QUALITY
Calculate and control time and cost outcomes for project work
Lessen business expenses for increasing profits and starting with the budget processes
Cost control is a key significant factor to maintain and grow the project profitability
Schedule project control leads to measure the project progress and compare to plan progress
on timely and daily basis (Fleming and Koppelman 2016).
Scope control is required monitoring and controlling entire process group so that the work is
controlled on time (Nicholas and Steyn 2017).
The control system for quality is required to maintain a better quality of the construction
materials

ANALYSIS OF REASONS EXPLAIN THE COST AND TIME OVERRUN ENCOUNTERED
DURING THE PROJECT
Poor planning
Financial problems
Delay in land acquisition
Unexpected ground conditions
Shortage of the construction materials
Inexperienced contractors
Underestimation of construction cost

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