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Project Control Methods for Melbourne Metro Rail | Desklib

   

Added on  2023-06-04

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Running Head: PROJECT CONTROL METHODS
Project Control Methods
Name of the Student
Name of the University
Project Control Methods for Melbourne Metro Rail | Desklib_1

1PROJECT CONTROL METHODS
Table of Contents
1. Background of the Project...........................................................................................................2
2. Justification of Tools Selection...................................................................................................2
3. Project Report..............................................................................................................................3
3.1 Risk Register..........................................................................................................................3
3.2 Stakeholders Engagement Assessment Matrix......................................................................6
References........................................................................................................................................9
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2PROJECT CONTROL METHODS
1. Background of the Project
This particular project is about the development of Melbourne Metro Rail along a
specified route through the CBD. As per a survey on the daily movement of passengers through
the CBD as well as the overall change in the population in the city, it has been found that within
the next 10 years, the total number of daily passengers will get doubled. Hence, in order to
provide faster traffic movement as well as additional transportation option through the city, the
metro railway will be developed. The entire route will have a number of stations at the most
popular areas and an underground rail tunnel through which the trains will run.
In this report, two different project management tools have been chosen and these have
been discussed and explained in the context of this project.
2. Justification of Tools Selection
For the purpose of discussion and analysis, the two tools selected are risk register and
stakeholder engagement assessment matrix. The justifications for the selection of these tools are
as follows.
Risk Register – A risk register is a documentation that involves identification of the main
risks in the project along with the probability and impact on project and an initial mitigation
plan. The Melbourne Metro project is a large scale project that is expected to consume the next
8-10 years and a huge amount of budget. From the scale of the project, it can be easily identified
that there are a large number of quantifiable and non-quantifiable risks associated (Marchewka
2014). However, it is not always possible to identify these risks once the project is underway.
Project Control Methods for Melbourne Metro Rail | Desklib_3

3PROJECT CONTROL METHODS
Hence, it is important to identify these risks and prepare mitigation plan as early as possible.
Thus, risk register is chosen for discussion in this particular progress report.
Stakeholder Engagement Assessment Matrix – Stakeholders are the personnel who are
responsible for managing and controlling various aspects of the project. Hence, it is important to
engage these stakeholders in suitable roles where they will be able to apply their professional
skills. For this purpose, it is required to clearly define their roles in the project before they are
assigned in it (Joslin & Müller 2015, p.1380). The stakeholder engagement assessment matrix
fulfills this purpose as it requires entry of each of the individual stakeholders, their designations
and their specific roles in the project. In this project, there are a large number of stakeholders
involved and it is required to identify and allocated proper roles to each of them. Hence,
stakeholder engagement assessment matrix has been chosen for the discussion in this progress
report.
3. Project Report
As two project management tools have been selected, they are now developed as follows
as a part of the project progress report.
3.1 Risk Register
For this project, there should be two different risk registers, one for quantifiable and one
for non-quantifiable risks. These risk registers are developed as follows.
Quantifiable Risks
Risk Chance of Occurrence Impact on Project Mitigation Plan
Variable capital cost Very High Very High Extensive review and
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