Project Management: Light Rail Project in Sydney

Running head: PROJECT MANAGEMENT
Project management
Name of the Student
Name of the University
Author’s Note

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PROJECT MANAGEMENT
Table of Contents
Selection of project....................................................................................................................2
Background of project................................................................................................................3
Recommendation of best project delivery method.....................................................................4
Evaluation and recommendation of best financial contract.......................................................5
Evaluation and recommendation of best procurement method..................................................6
Risk management plan...............................................................................................................7
References................................................................................................................................11

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Selection of project
Project management is presented as a practice that involves few steps for completing
a project. To execute the project management practice, it needs a project on which the
practice can be evaluated. For executing such a particular project, it needs to follow few steps
involved in project management practice and the steps are such as initiating, planning,
executing, monitoring and controlling and also closing (Kerzner 2017). To evaluate a project,
initially it requires to monitor the steps of initiation in which the identification of project as
well as testing of feasibility study or permission approval from the higher authority etc. are
needed. After the initiation phase, the project needs to ne planned through planning stage. In
this stage, it involves the defining of the project deliverables or objectives as well as making
of project schedule. In this phase, it requires to allocate the project activities among the
project team members. The third stage relates with the execution phase in which most of the
part of the project executes. After the execution phase, it requires to tracking the performance
of the project through the monitoring and controlling phase (Meredith, Mantel Jr and Shafer
2017). In this phase, mainly the testing procedures of the project takes place. The closing of
the project must done through the closure phase of the project.
In this following report, it needs to discuss various aspects of the project management
and therefore a selection of project is required. The following report particularises a project
which is oriented with the light rail project in Sydney. The NSW transport government take
the responsibility of this light rail project through the route of Circular Quay to Kingsford and
also Randwick over the George street in CBD (Heagney 2016). The actual motive of this
project is to diminish the transportation congestion in Sydney. However, the Sydney is
considered as a popular city for its quality of life as well as job facilities. Due to these
population, there takes place traffic congestion due to inconvenient transport services. The

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PROJECT MANAGEMENT
execution of this light rail project ensures most of the people for providing encourage for
going their corporate offices or businesses. With the help of this light rail project, almost 300
people can travel at one move during the peak hours which helps to reduce the congestion of
Sydney (Walker 2015). To execute this project, the NSW transport government authority
needs the timeline up to 2020.
Background of project
The project is established on a particular scenario of the light rail project in Sydney.
The NSW transport government takes over this project and has decided for completing this
project within the timeline of 2020. The actual intension of this project is to decrease traffic
related congestion occurring in Sydney. Moreover, the Sydney is considered as a popular city
for its quality of life. Therefore, in this location, due to having several number of job
opportunities, most of the people are attracted towards this city. For that, in this location, the
population is increased day by day. On the other side, the inconveniency of the bus services
take place in this location. Therefore, it introduces the traffic congestion which is considered
as one of the vital concern for the city of Sydney.
Thus, the NSW transport government authority has decided to initiate a project by
which the traffic congestion decreases (Mir and Pinnington 2014). This light rail project has
been routed from the location of Circular Quay to Kingsford and also Randwick over the
George Street in CBD. As per the analysis of the meeting, it has decided that the route of this
light rail will go in front of office area or shopping malls or other crowded locations. This
transport authority introduces the light rail project along with the bus services. This light rail
services is more reliable for the people of Sydney because the availability of this light rail is
normal and this services is also convenient for the huge population of Sydney. The light rail
provides their services to 300 people almost at one direction (Harrison and Lock 2017). To