Program and Portfolio Management (PRJM 6005) Assignment 2

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
BENEFITS REALISATON PLAN TEMPLATE
Program Title: (No marks): Development of a multi-purpose indoor entertainment and sports venue “Perth Arena” in Western Australia to be
operational by 2012.
Assumptions: (5 marks)
 The arena will be developed considering the sustainability issues.
 The Perth Arena will help to uplift the economic conditions of the locality.
 Health and safety measures are implemented for the construction workers.
 Adequate budget is available for the construction and development project.
 The arena could be utilized for various purposes rather than using only for sports events.
Problem or Opportunity Statement: (5 marks)
 There may be occurrence of legal and ethical issues during development of the arena.
 The delay in completion of the arena by 2012 may lead to failure of the program.
 The arena will provide modernized and advanced infrastructure to conduct world class events.
 The arena will help to host local and international level sports events.
 The development of the arena will provide employment opportunities for the locality.
 The arena will also help to uplift the local economic conditions as well as growth of tourism.
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
1

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management (PRJM 6005) Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for Verification Responsible Person for
assessing the Benefit
Risks that could prevent the
Benefit from being realised
(2 to 3 risks per benefit)
Strategic Objectives Supported
by this Benefit
Project 1 (30 Marks)
Project Name: Development and Installation of Retractable roof
Use of additional lights
during day time could be
reduced
Almost 20% additional
electricity consumption
will be reduced by the
first year
Electricity bill and
consumption records
Venue Manager Audience discomfort
Poor quality
Incomplete support
Development of Perth
Arena to be Green
building
The audience could be
protected from sunlight or
rain
The entire audience arena
could be covered by the
roof within 5 minutes
Roof test reports Operations Manager Coverage not provided
within 5 minutes
Roof is stuck
Poor quality roof
material
Development of
ecofriendly environment
for the audience
Audience will feel
comfortable leading to
attraction of more
audience
There will be almost 25%
increase in audience from
the last attended event
Audience survey reports Operations Manager No roof for indoor
events
Unavailability of proper
services
Inadequate support
Providing a comfort zone
to the audience alongside
entertainment
©CURTIN UNIVERSITY
SCHOOL OF DESIGN AND THE BUILT ENVIRONMENT
2