logo

Introducing the Project Execution Plan

   

Added on  2021-04-21

13 Pages2774 Words183 Views
Running head: PROJECT EXECUTIONS PLANNING AND MANAGEMENTProject Executions Planning and ManagementName of the StudentName of the UniversityAuthor Note
Introducing the Project Execution Plan_1
1 PROJECT EXECUTIONS PLANNING AND MANAGEMENTTable of ContentsIntroduction..........................................................................................................................21. Project Delivery System for M4 widening Project..........................................................22. The Financial Contract type.............................................................................................8Conclusion.........................................................................................................................11References..........................................................................................................................11
Introducing the Project Execution Plan_2
2 PROJECT EXECUTIONS PLANNING AND MANAGEMENTIntroductionThe existing Sydney motorway network project is undertaken by APIC CONSULT,which is an organization that works as a general contractor and project consultant for both thegovernment and the private agencies. The project deals with the widening of the existing M4Motorway as the current roads are insufficient for the growing demands. The new and theimproved highway system that is proposed is expected to enhance the traffic management systemby removing an estimated 4000 trucks a day from Parramatta road. These trucks will be routedunderground that will in turn trigger the opportunity for the neighbourhood revitalization. As aconsultant, EPIC CONSULT has taken up the project to advise the client about the best projectdelivery method and the financial contract type that will be suitable for this project. Since theproject size is particularly huge, the project was undertaken by a joint venture company of all thethree prime contractors associated with the project. The project is expected to be delivered by2023. Since the size of the project is particularly huge, there are certain challenges associatedwith the project as well. . The following paragraphs discusses in detail, financial contract type,procurement method, the delivery method for the project (Akintoye, Goulding & Zawdie, 2012). 1. Project Delivery System for M4 widening Project Since M4 widening is a construction project and is particularly complex, it is necessary tochoose the proper project delivery system in order to ensure that the project is not delayedfurther. Choosing an accurate project delivery method is crucial as this method is used by theproject or the contractor manager to organize and manage the different operations and servicesassociated with the delivery of a project. The proposed project delivery method for the M$widening projects includes Design Bid Built delivery system, Design build delivery system and
Introducing the Project Execution Plan_3
3 PROJECT EXECUTIONS PLANNING AND MANAGEMENTCM at Risk project delivery system (Bilbo et al., 2015). In order understand which projectdelivery method will be suitable for the M4 Motorway Widening project, the characteristics ofall the three project delivery methods and the evaluation criteria of the three project deliverymethod is represented in the following matrix. The project Delivery System Matrix Criteria/Goals CriteriaWeight Projectdeliverysystem Method1:DesignBuildMethod2:DesignbidBuildMethod3: CMat Risk ScoreWeighted ScoreScoreWeighted ScoreScoreWeighted Score1.TheProject isneeded to becompletedwithin 20232036048081602. More than140000vehiclesshould bekept movingthrough theprojectcorridorduringprojectimplementation305150624031803. A firsttrackschedule is tobemaintained 20480612081604. The projectis to beimplemented30721082404120
Introducing the Project Execution Plan_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Project Delivery Method Assignment
|10
|2558
|65

Project Execution Planning & Management (DOC)
|10
|2860
|104

Project Execution Planning and Management
|12
|2520
|115

Project Execution Planning and Management: Methods and Financial Contracts
|8
|2905
|243

Project Execution Planning and Management for NSW M4 Motorway Expansion
|8
|2483
|255

SBM3302 - Project Execution Planning and Management Assignment
|13
|2623
|145