Project Management Case Study Analysis

This assignment presents a case study analyzing a project involving the renovation and formation of tankers. Students are tasked with examining the different phases of project management (planning, execution, closure) as outlined in the case, identifying challenges faced, and evaluating the effectiveness of the project's strategy.

Project goal, scoping and
overview
(Case study)

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK...............................................................................................................................................1
Objectives and detailed measured of goals............................................................................1
Brief scope statement related to case study and stakeholder of the same..............................2
Overview of case study and project life cycle with techniques and process..........................3
CONCLUSION................................................................................................................................4
REFERENCES ...............................................................................................................................5

INTRODUCTION
Project management is an exercise of initiating, planning, executing, monitoring and
controlling and shut down the work of the group to attain certain objective and match particular
success criteria at the certain time. Majorly it involve single task rather them more (Sears and et.
al., 2015). The project report is based on a case study which is a large multinational oil firm that
has more storage facilities. The firm is located in around Australia. Their project management
office is based in Melbourne. This report reflect objective, scope and overview of the case.
TASK
Objectives and detailed measured of goals.
Firm is dealing in unleaded petrol which oil that does not have mix of lead. Unleaded
petrol is about gasoline that are not treated with the lead compound. They are derived form
petroleum which majorly used as the flue in internal- burning engines. It protect engines form
harm cause it is not having any lead components. This kind of oil is commonly used for
vehicles , it is a crude oil product. Therefore, company is having 30% of the unleaded fuel
capacity in the Western Australia. The borders of storage tanker somehow going falls down due
to the condition and age and their infrastructure. The situation of tanks in Western Australia is
majorly bad and damaged cause storing tank has 50 year of age which is quit old and having
complex or outdated design. Hence leakage is drawn in the roots of foundation of the tankers
which leads some harmful effects on human and environment to make apology firm are paying
around $20,000 per month as a fines due to sensed leakage of petroleum product in the
surrounding oil.
On the basis of the entire case, project manager required to design some of goal which
needs to be accomplished on prior bases hence, as a manager of entitled project it has been
observe that all the storage tanker required renovation cause they are old aged (Joslin and Müller,
2015). They also required to provide safety measures for their product so it will not get leaked.
In order to find or resolve the enlisted issues, project manager frame out some objective
and to accomplish it they provide certain solution they are as-
To resolve tanker's condition, firm needs to hire best and effective engineers who are
capable to manage all the thing and provide solution for problem. Like tanker's required to be
more effective and it does not have nay leakage in it (Popaitoon and Siengthai, 2014). Hence
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engineers needs to work hard to maintain the sustainability of tankers so that petrol will not get
leaked and it will help in entire company in making environment more healthy and not creating
any harm. Also engineers needs to work on the bases on outlay of the tank. All total tanks are 3
with different requirements.
Brief scope statement related to case study and stakeholder of the same.
The case is having wider scope cause division of project management are desired and
required to improve the quality of their storage tanker which are in bad and damage condition.
Firm is having different stakeholders involvement in their company as this organisation is
dealing in unleaded oil which is crucial to save and they served in all over Western Australia.
There are stakeholders and scopes are known as:
Investors- They are important entity who are playing effective and powerful role in an
organisation as it is a petroleum firm they have larger numbers of investors who shows their
interest in their project and generate an effective profit so that whenever firm are having trouble
like renovation of tankers they does not needs to interpret their profit they can use invested
money which is different form profit and revenue (Hornstein, 2015). Apart form it investor are
having some shares of the firm so legally its their duty also to contribute in the operation and
requirements of the company.
Governance- As this is a fuel company, in Melbourne. Hence they also have involvement
of government in their operation. In wider term if storage tanker needs renovation then
government tool playing specific role in it cause company can easily attain all the resource in
cost effective manner.
Suppliers- they are prominent entity in an organisation cause if they are not working with
firm then how will company operates their actions and business (Kaiser and et. al., 2015). They
are important for each and every firm.
The company multinational oil firm that has multiple storage facilities. They deals in
unleaded oil which is majorly used in engine's of vehicle. They are important for every one cause
oil is free form lead which is harmful for every thing including humans too. After it firm will get
to know their production standard and actual production by the marking and judgement for it
criteria will needs to determine accordingly.
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Overview of case study and project life cycle with techniques and process.
Overview of the case- The case study is all for a multinational firm that are dealing in
unleaded oil and also having multiple storage facilities in the area of around Australia (Svejvig
and Andersen, 2015). The project management divisional office is particularly based on
Melbourne they determine the importance and priority of the project that what needs to be done
in prior basis and what next to it. In the case, firm is facing bad and damaged conditions of their
storage tanker and also they detached some leakage form it that goes spread into soil which make
environmental damage. As a fine they have paying around $20,000 per month to the government.
Due to leakage it may cause of some health issues in outer world and in the firm too (Pinto,
2014). Therefore they suppose to renovate their tanker or create new ones because they are
damage cause they all are 50 years old.
Hence, due to all forecast issues; firm's project management division framed a project life
cycle which is important form them. The phases of PLC are:
Initiation- It is about the first step which is a framing and designing action. It is they
took initiating for the project in that they required to develop a business case and determine the
feasibility of the same. After it they have manage a project charter who monitor entire project
and appoint a project team who has member of different background and team of engineers cause
they are performing a special task for their related firm. They also determine office project and
determine phase and review it.
Planning- the next phase come on planning where project manager will create planning
in regards of issues and makes resource plan in that they club all the data form which they garb
their all demanded resources that helps in tankers formation (Nicholas and Steyn, 2017).
Planning come to financial phase where all financial thing are look after and also makes plans for
quality standards. They also forecast risk that may arise at time of execution of plan. They makes
contract with suppliers so that all of reasons of fraud will be vanishes.
Execution- In this phase they make execution as per the planning for resolving the issues
and renovate tankers. They monitor all over working and engineer's performance that does they
are working on per determine criteria or not.
Closer- In this phase they performs their all duties in certain task. In it they determine
project completion, listing activities and deliverables. They also review all the plan and
measuring profit as well as objectives.
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CONCLUSION
Form the report is has been concluded that a project is a temporary business design in
order to frame a specific product and services with definite start and ending. Project management
includes planning and utilizing available resource to drag out a specific task. The report shows
solution of the case.
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REFERENCES
Books and Journals
Nicholas, J. M. and Steyn, H., 2017. Project management for engineering, business and
technology. Taylor & Francis.
Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature
review with a critical look at the brave new world. International Journal of Project Management.
33(2). pp.278-290.
Hornstein, H. A., 2015. The integration of project management and organizational change
management is now a necessity. International Journal of Project Management. 33(2). pp.291-
298.
Joslin, R. and Müller, R., 2015. Relationships between a project management methodology and
project success in different project governance contexts. International Journal of Project
Management. 33(6). pp.1377-1392.
Sears and et. al., 2015. Construction project management. John Wiley & Sons.
Kaiser and et. al., 2015. Successful project portfolio management beyond project selection
techniques: Understanding the role of structural alignment. International Journal of Project
Management. 33(1). pp.126-139.
Pinto, J. K., 2014. Project management, governance, and the normalization of deviance.
International Journal of Project Management. 32(3). pp.376-387.
Popaitoon, S. and Siengthai, S., 2014. The moderating effect of human resource management
practices on the relationship between knowledge absorptive capacity and project performance in
project-oriented companies. International Journal of Project Management. 32(6). pp.908-920.
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