Project Management: London Bridge Station Redevelopment Plan

This project management report discusses the London Bridge Station Redevelopment Plan. It includes a network diagram, communication management plan, and cost estimation methods. The report also covers critical path analysis, project slack, and WBS.

Running head: PROJECT MANAGEMENT
Project Management: London Bridge Station Redevelopment Plan
Name of the Student:
Name of the University:

1PROJECT MANAGEMENT
Table of Contents
Task..................................................................................................................................................2
1. Network Diagram....................................................................................................................2
2. Communication management..................................................................................................7
3. Cost estimation......................................................................................................................11
Task................................................................................................................................................16
Part 1: Initiation.........................................................................................................................16
1. Stakeholder Register..........................................................................................................16
Part 2: Planning..........................................................................................................................20
2. Work Breakdown Structure (WBS)...................................................................................20
Part 3: Execution........................................................................................................................24
3. Gantt chart.........................................................................................................................24
Part 4: Controlling.....................................................................................................................29
4. Risk management...............................................................................................................29
Part 5: Closing...........................................................................................................................32
5. Lessons learned report.......................................................................................................32
References......................................................................................................................................35

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Task
1. Network Diagram
The network diagram is based on redevelopment work of the London Bridge Station.
Following is the network diagram for the project activities which are in parallel as well as
sequential in the sequence (Harrisonand Lock 2017). Network diagram is important tool to plan
the project work. The main objectives of the project network diagram are:
 Construction of network representation of project activities
 Understanding the type of dependencies of project activity
 Recognition of type of project constraints which create the activity sequences
 Identification of critical path in the project (Lock 2017).
 Analyzing the possible schedule of the project plan
Network diagram is used for detailed planning of project. It is an implementation tool to
analyze scheduling activities and control the project. This project is consisted of large number of
activities which are required to complete in certain period of time before completion of entire
project. The network analysis is performed to value the complex project which contains related
plus interdependent activities (Nicholas and Steyn 2017). It is a term to aid management for
planning in addition to controlling the project. The project management techniques show
interrelationship of different jobs and tasks that can make entre project and identify the critical
activities of the project.

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Activity Immediate
predecessor activity
Duration
A - 93
B A 159
C B 13
D B 140
E D 100
F D 62
G D 74
H C,E,G 75
I H 58
J I 27
Forward pass calculation
Activit
y Description
Time
(days
) EST
EF
T
A Initiation phase 93 0 93
B Pre-construction phase 159 93 252
C Project procurement phase 13 252 265
D Planning phase 140 252 392
E Execution phase 100 392 492
F Design phase 62 392 454
G Site work phase 74 392 466
H Construction phase 75 492 567
I Monitoring and controlling phase 58 567 625

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J Closing phase 27 625 652
Backward pass calculation
Activity Description Time(days) EST
EF
T LST LFT
A Initiation phase 93 0 93 0 93
B Pre-construction phase 159 93 252 93 252
C Project procurement phase 13 252 265 479 492
D Planning phase 140 252 392 252 392
E Execution phase 100 392 492 392 492
F Design phase 62 392 454 430 492
G Site work phase 74 392 466 418 492
H Construction phase 75 492 567 492 567
I
Monitoring and controlling
phase 58 567 625 567 625
J Closing phase 27 625 652 625 652

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Figure 1: Network Diagram
(Source: Created by author)
Critical path analysis is defined as logical sequence of series of project events required
for successful completion of project work. The critical path technique is aid into time
management, ongoing data to assess the project progress and considerable information for the
decision making (Heagney 2016). Following table shows the critical path of the project plan and
red highlighted part of the critical path of the project:
Activity Description
Time
(days
) EST
EF
T LST LFT Criticality
A Initiation phase 93 0 93 0 93 **
B Pre-construction phase 159 93 252 93 252 **
C Project procurement phase 13 252 265 479 492
D Planning phase 140 252 392 252 392 **
E Execution phase 100 392 492 392 492 **
F Design phase 62 392 454 430 492
G Site work phase 74 392 466 418 492
H Construction phase 75 492 567 492 567 **
I Monitoring and controlling phase 58 567 625 567 625 **

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J Closing phase 27 625 652 625 652 **
Table 1: Critical path
(Source: Created by author)
Project Slack
Activit
y Description
Time
(days
) EST EFT LST LFT Slack Criticality
A Initiation phase 93 0 93 0 93 0 **
B Pre-construction phase 159 93 252 93 252 0 **
C Project procurement phase 13 252 265 479 492 227
D Planning phase 140 252 392 252 392 0 **
E Execution phase 100 392 492 392 492 0 **
F Design phase 62 392 454 430 492 38
G Site work phase 74 392 466 418 492 26
H Construction phase 75 492 567 492 567 0 **
I Monitoring and controlling phase 58 567 625 567 625 0 **
J Closing phase 27 625 652 625 652 0 **

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2. Communication management
The communication management concerns to define type of information deliver to the
project stakeholders, who will receive, format to communicate and time of release plus
distribution. 90% of the project manager is spent on communication as it is required to get right
message at right time (Lock 2016). The first step in defining the communication plan is figure
the kind of communication the stakeholders required from the project to take good project related
decisions. The selected project is based on London Bridge Station Redevelopment Plan. The
selected project work is complex and critical; therefore a proper communication plan is required
to interact with each of the project team members (Heagney 2016). Communication technology
has an impact on how people are kept in loop. The methods of communication are written
reports, emails, status report, face-to-face meeting and presentation. The communication plan
documents type of information required to carry the project work when the information is
distributed and the information is delivered.
In the redevelopment project plan, the type of information communicated to the project
team members are project status, scope statement, and update of project, risk, performance
measurement and project acceptance information (Binder 2016). As the redevelopment project is
complex, therefore in order to get project success, it requires good communication among the
team members. Those team members can interact through electronic communication. The project
manager avoids miscommunication as it can influence trust and project culture. The project team
requires a plan to communicate in timely way (Marchewka 2014). Communication practices in
this project help to build plus maintain relations on the construction project. The team makes
decisions based on trust moreover relationships. It can foster sharing of idea along with

9PROJECT MANAGEMENT
innovation. It can help the team to build confidence furthermore strengthen the project team
members. Communication plan plays an important role in the redevelopment project by:
 Increasing the project visibility along with project status
 Providing the project opportunities to be shared with team members (Heagney 2016).
 Creating a written documentation based on project requirements
 Boosting the productivity of the team meetings (Delerueand Sicotte 2017).
 Ensuring the project is continued for project alignment with goals
The communication plan is focused on needs of project team members. The plan prior to
project start is different from the communication once the project is launched through and end of
the project. Initial communication related to the project plan is based on socializing the project
stakeholders (Zulch 2014). Following is the communication plan:
Communication Method Frequency Goal Owner Audience
Status report of
the project
Email and
meeting
Weekly Review the status of
the project, discuss the
issues and project
delays
Project
Manager
Project
team
members
and
project
sponsor
Review the
project plan
Meeting Weekly Present the project
deliverables and gather
the feedback and
discussion related to
Project
Manager
Project
team and
project
sponsor

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next project phases
Updates on the
task progress
Meeting and
email
Daily There is sharing of
daily progress of the
project activities on
schedule basis
Project
Manager
Project
team
Stand up of the
team or
performance
measurement
Meeting Daily Discuss about the
performance of the
team member
Project
Manager
Team
Leader
Existing issues
in the project
plan
Face-to-face
meeting
Weekly at
the time of
staff
meeting
Discussion of the
project issues which
the staffs are facing
Project
Manager
Team
Leader
Project baseline
information
Email and
presentation
Weekly Information related to
project cost and
scheduled baseline
Project
Manager
Project
Team
Scope statement Email,
meeting and
presentation
Monthly Discuss about the
project scope and
determine if the project
scope is met
Project
Manager
Team
Leader
Marchewka(2014) stated that communication can improve management of the project
team. Effective project manager can articulate vision of the project. When the project manager

11PROJECT MANAGEMENT
communicates effectively, then the team members can recognize and learn from it. Nicholas and
Steyn (2017) argued that management is responsible to set tone for efficient communication on
the redevelopment project. Communication practices deliver results that each team members are
looking to attain on the construction project (Lock 2017). The project team member with high
level of communication can deliver the project on time, ahead of project schedule, under budget
in addition to achieve of proper project goals.
3. Cost estimation
The project cost estimation is central to make key decisions, take initiatives, budget
activities and control expenditures. Cost forecast along with projections are used to set the
project metrics by which the project success is measured and communicated work progress to
stakeholders at provided point of time. Suliman and Kadoda (2017) explained that cost
estimation determines amount of resources needed to accomplish the activities related to project.
It is focused on allocation of optimal expenses for the project plan. Following are different
method of estimation to estimate the project cost and one of the best cost estimation method is
selected among them for this particular project plan.
Analogous estimation: This cost estimation method is based on the historical data from
earlier projects. The project can make money by meeting with client’s requirements. This
particular technique is mainly defined as historical data analysis (Trendowicz and Jeffery 2014).
The cost estimation method is applied to divide segments of the project and in combination with
methods plus tools.
Parametric estimation: It allows using of historical as well as statistical data in order to
make project activities parameters such as scope, budget, and project duration. This cost

12PROJECT MANAGEMENT
estimation method provides higher degree of accuracy of data. This method is used to separate
and combine with additional tools (Khodakarami and Abdi 2014). This cost estimation method is
used tables to measure based on average data regards to how the tasks are being taken to
complete.
Bottom-up estimation: It is done when sponsor as well as project manager produced a
work breakdown structure and assigned the project team to project activities. This estimation
method shows that each individual cost of project activities and work packages are estimated to
smaller details.
Top-up estimation: It is opposite of bottom-up estimation. It assumes that entire project
budget is being determined at starting of the project and the project manager can identify the cost
for work items (Nicholas and Steyn 2017). By use of the work breakdown structure, the project
manager can determine quantity of work items which are delivered in fixed budget.
In this particular project work, selected cost estimation method is top-up and bottom-up
estimation.
WBS Task Name Resource Names Cost
A Initiation phase $157,600.00
1.1 Perform a feasibility study Project Manager $28,000.00
1.2 Development of business case $129,600.00
1.2.1 Establishment of project
charter
Project Manager, Operation
Manager $73,600.00
1.2.2 Appointment of project team
member Project Manager $56,000.00
B Pre-construction phase $248,400.00

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2.1 Design and planning $65,200.00
2.1.1 Sample approval of the
project plan
Operation Manager, Project
Manager $65,200.00
2.2 Contract execution Civil Engineer, Operation
Manager, Structural Engineer $96,800.00
2.3 Perform a phase review Project Designer, Project
Manager $86,400.00
C Project procurement phase $54,000.00
3.1 Subcontractor bid and
interview period $37,200.00
3.1.1 Recommendation and
approval from the subcontractors
Operation Manager, Project
Manager $37,200.00
3.2 Other materials procurement Operation Manager, Structural
Engineer $16,800.00
D Planning phase $216,800.00
4.1 Approval of the project plan $216,800.00
4.1.1 Draft of design documents
and drawings
Project Designer, Operation
Manager, Structural Engineer $50,000.00
4.1.2
Collaboration of trade
partners to achieve the project
goals
Civil Engineer, Operation
Manager, Project Manager $108,000.00
4.1.3 Providing alignment of cost,
scope and duration
Operation Manager, Project
Manager $58,800.00
E Execution phase $476,000.00
5.1
Execute the redevelopment
plan based on comprehensive
plan
$218,400.00
5.1.1
Develop of project
deliverables to satisfy the
customers
Project Manager $61,600.00
5.1.2 Assign the team members Operation Manager, Project
Designer, Project Manager $63,600.00

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5.1.3 Allocate the resources Operation Manager, Project
Manager $93,200.00
5.2 Execute of project
management plan
Operation Manager, Project
Manager $67,600.00
5.3 Conduct a status meetings Project Designer, Structural
Engineer $21,600.00
5.4 Updating the project schedule Operation Manager, Project
Manager $67,200.00
5.5 Modification in project plan Operation Manager, Project
Manager $101,200.00
F Design phase $250,800.00
6.1 Architectural detail
modelling $132,000.00
6.1.1 Redevelop the design of the
bridge station
Operation Manager, Project
Manager, Project Designer $132,000.00
6.2 Preliminary design of the
station
Project Designer, Operation
Manager, Project Manager $118,800.00
G Site work phase $169,200.00
7.1 Clear the site $169,200.00
7.1.1 Form the foundations Project Designer, Project
Manager $105,600.00
7.1.2 Utilities of the foundation Operation Manager, Project
Designer, Project Manager $63,600.00
H Construction phase $175,200.00
8.1 Mobilization Civil Engineer, Operation
Manager $64,000.00
8.2 Rough framing Civil Engineer $14,000.00
8.3 Structural repair Project Designer, Structural
Engineer $51,200.00
8.4 Inspection of the plan $46,000.00
8.4.1 Substantial completion Operation Manager, Project $46,000.00

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Manager
I Monitoring and controlling
phase $125,600.00
9.1 Track the project progress $125,600.00
9.1.1
Analyze key performance
indicators on cost, time and
quality
Operation Manager, Project
Manager $36,000.00
9.1.2 Calculation of KPI to track
the project work
Civil Engineer, Operation
Manager $89,600.00
J Closing phase $109,600.00
10.1 Execute the project
deliverables $70,400.00
10.1.1 Determine the project issues Operation Manager, Project
Manager $38,400.00
10.1.2 Recognize the valuable
project team
Project Manager, Structural
Engineer $32,000.00
10.2 Perform a lessons learned Operation Manager, Project
Designer, Project Manager $39,200.00

16PROJECT MANAGEMENT
Task
Part 1: Initiation
1. Stakeholder Register
The stakeholders are person and group those are interest in the project organization. The
stakeholders can affect by the organizational actions and policies. The stakeholders are those
people whose support is needed to get success in the project work.
Stakeholder Analysis for Project Name: London Bridge Station Redevelopment Plan
Prepared by: Project Manager Date:4th Jan, 2019
Stakeholder 1 Stakeholder 2 Stakeholder 3
Organization CPUK Group Partner Construction Ltd Ridge and Partners LLP
Role on project Project Manager Operation Manager Civil Engineer
Unique facts
about
stakeholder
The project manager
designs and applies
project management
standardfor review entire
project process. The
manager manages
production of project
deliverables, plans and
The operation manager
involves overseeing
production of goods and
services. There is smooth
and effective service
which can meet with
requirements and
expectations of the
The civil engineer can
perform duties in
preparation, design and
oversee the construction
of the bridge station.

17PROJECT MANAGEMENT
monitors the
project(Andriofet al.
2017). They can also
manage the project risks
included development of
contingency plan.
customers.
Level of interest High High Low
Level of
influence
Low High Low
Suggestions on
managing
relationships
The project manager can
build strong relationship
with other project team
members by
communicating with them
related to project
objectives and goals.
The operation manager is
responsible to provide
direction to different
managers. They are
required to make
corrections and
modifications when the
project goals are not meet
and carried out in a
proper manner.
The civil engineer
should have strong
relations with the
subcontractors and other
construction group
members.

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Stakeholder Analysis for Project Communications
Project Name: London Bridge Station Redevelopment Plan
Date:4th Jan, 2019
Created by: Project Manager
Stakeholder
Name Document Name
Document
Format Contact Person Due Date
John Smith Project Status Report
Pdf and word
document file Project Manager
Mon 12/7/18
Danny Johns
Project risk management
document Excel sheet Project Manager
Wed 12/9/18
Martin White Project cost document Excel sheet Project Manager
Mon 3/26/19
Joz Smith Project charter
Word
document file Project Manager
Mon 7/20/19
JenniliyaD’soza
Project procurement
document
Word
document file Project Manager
Wed 8/9/19
Gemini Alley Project schedule plan Ms project Project Manager Fri 1/27/19

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The key to manage the stakeholder is planning. With good stakeholder strategies, the
project manager can handle the success of project. A stakeholder is effectively managed and
engaged the project delivery and regarded as one to outsource the business as usual functions.
The project manager is based on people to respond towards project outputs plus benefits that the
project manager can deliver. The stakeholder management is implied that people can made to
respond to the project, but the project manager has no formal power of the authority as well as
relied on stakeholder engagement to achieve the project objectives. Andriof et al.(2017) stated
that stakeholder engagement process is involved with project activities like identification of
stakeholder, consultation, collaboration as well as project reporting.
The stakeholder engagement is referred to process by means of which the company is
communicated and interacted with the stakeholders to achieve desired outcome along with
enhance the project accountability (Sierra‐García, Zorio‐Grimaand García‐Benau 2015). The
benefits of engagement with the stakeholder are included of:
Build the trust: There is strong relationship with the stakeholders to improve relations
among company plus stakeholders.
Risk management: The stakeholders can guide to more steady operating environment as
well as serious information which are significant to take decisions (Henisz, Dorobantu and
Nartey 2014).
Improved productivity: Better engagement with the stakeholder is identified where the
company can become efficient. The employees should have great voice into the workplace.

20PROJECT MANAGEMENT
Part 2: Planning
2. Work Breakdown Structure (WBS)
The work breakdown structure (WBS) is key project deliverable which can organize
team’s work in manageable sections. WBS shows the hierarchical decomposition of the project
activities which are planned to complete the project work (Crawford 2014). WBS defines the
scope of project in manageable chunks that the project team can recognize as each level of WBS
provides details of the project activities.
WBS Task Name
0 London Bridge Station Redevelopment Plan
A Initiation phase
1.1 Perform a feasibility study
1.2 Development of business case
1.2.1 Establishment of project charter
1.2.2 Appointment of project team member
B Pre-construction phase
2.1 Design and planning
2.1.1 Sample approval of the project plan
2.2 Contract execution
2.3 Perform a phase review
C Project procurement phase
3.1 Subcontractor bid and interview period
3.1.1 Recommendation and approval from the subcontractors

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3.2 Other materials procurement
D Planning phase
4.1 Approval of the project plan
4.1.1 Draft of design documents and drawings
4.1.2 Collaboration of trade partners to achieve the project goals
4.1.3 Providing alignment of cost, scope and duration
E Execution phase
5.1 Execute the redevelopment plan based on comprehensive plan
5.1.1 Develop of project deliverables to satisfy the customers
5.1.2 Assign the team members
5.1.3 Allocate the resources
5.2 Execute of project management plan
5.3 Conduct a status meetings
5.4 Updating the project schedule
5.5 Modification in project plan
F Design phase
6.1 Architectural detail modelling
6.1.1 Redevelop the design of the bridge station
6.2 Preliminary design of the station
G Site work phase
7.1 Clear the site
7.1.1 Form the foundations
7.1.2 Utilities of the foundation

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H Construction phase
8.1 Mobilization
8.2 Rough framing
8.3 Structural repair
8.4 Inspection of the plan
8.4.1 Substantial completion
I Monitoring and controlling phase
9.1 Track the project progress
9.1.1 Analyze key performance indicators on cost, time and quality
9.1.2 Calculation of KPI to track the project work
J Closing phase
10.1 Execute the project deliverables
10.1.1 Determine the project issues
10.1.2 Recognize the valuable project team
10.2 Perform a lessons learned
From the above work breakdown structure in table format, there are three main activities
of the project such as initiation phase, pre-construction phase, project procurement phase,
planning phase, execution phase, design phase, construction phase, monitoring and controlling
phase and closing phase (Flemingand Koppelman 2016).Below diagram shows the work
breakdown structure of the redevelopment project plan in hierarchical structure as:

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Figure 3: Work breakdown structure
(Source: Created by author)

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In the work breakdown structure, the top level represents the final deliverable of the
project. The sub-deliverables contain the work packages which are assigned to the organization’s
department. The elements of WBS are not defined to same level. The work package is defined
work, duration as well as cost of the project tasks needed to produce the sub-deliverable. The
work packages are independent of work packages into WBS. Those are unique and are not
duplicated across WBS (Turner 2014). The goal of WBS is to create larger project more
convenient.WBS is a method to divide as well as conquer the larger project such that it can get
the things faster as well as effective. WBS is a hierarchical structure which can outline the
project and break the project in smaller and manageable portions. With help of the structure, the
project manager can analyzethe work activities so that they can allocate the project activities to
the project team members based on their expertise and skills (Project Management Institute
2018).Therefore, the project manager is responsible to perform all the project related work as per
project requirements and goals so as to achieve a higher level of success.
Part 3: Execution
3. Gantt chart
Task Name Duration Start Finish
London Bridge Station Redevelopment Plan 175 days Wed 12/12/18 Tue 8/13/19
Initiation phase 93 days Wed 12/12/18 Fri 4/19/19
Perform a feasibility study 5 days Wed 12/12/18 Tue 12/18/18
Development of business case 88 days Wed 12/19/18 Fri 4/19/19
Pre-construction phase 159 days Wed 12/19/18 Mon 7/29/19
Design and planning 17 days Mon 6/24/19 Tue 7/16/19
Sample approval of the project plan 12 days Mon 6/24/19 Tue 7/16/19

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Contract execution 11 days Wed 12/19/18 Wed 1/2/19
Perform a phase review 9 days Wed 7/17/19 Mon 7/29/19
Project procurement phase 13 days Thu 1/3/19 Mon 1/21/19
Subcontractor bid and interview period 6 days Thu 1/3/19 Thu 1/10/19
Recommendation and approval from the
subcontractors 6 days Thu 1/3/19 Thu 1/10/19
Other materials procurement 7 days Thu 1/10/19 Mon 1/21/19
Planning phase 140 days Tue 1/22/19 Mon 8/5/19
Approval of the project plan 140 days Tue 1/22/19 Mon 8/5/19
Draft of design documents and drawings 5 days Tue 1/22/19 Mon 1/28/19
Collaboration of trade partners to achieve the
project goals 9 days Tue 1/29/19 Fri 2/8/19
Providing alignment of cost, scope and
duration 13 days Fri 1/25/19 Mon 8/5/19
Execution phase 100 days Fri 1/11/19 Thu 5/30/19
Execute the redevelopment plan based on
comprehensive plan 91 days Fri 1/11/19 Fri 5/17/19
Develop of project deliverables to satisfy the
customers 11 days Fri 1/11/19 Fri 1/25/19
Assign the team members 16 days Mon 1/28/19 Tue 4/9/19
Allocate the resources 17 days Wed 4/10/19 Fri 5/17/19
Execute of project management plan 11 days Mon 2/11/19 Mon 2/25/19
Conduct a status meetings 9 days Fri 5/17/19 Thu 5/30/19
Updating the project schedule 12 days Mon 2/25/19 Wed 3/13/19

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Modification in project plan 11 days Thu 3/14/19 Thu 3/28/19
Design phase 62 days Fri 3/29/19 Mon 6/24/19
Architectural detail modelling 24 days Fri 3/29/19 Wed 5/1/19
Redevelop the design of the bridge station 19 days Fri 3/29/19 Wed 5/1/19
Preliminary design of the station 22 days Mon 5/20/19 Mon 6/24/19
Site work phase 74 days Thu 5/2/19 Tue 8/13/19
Clear the site 74 days Thu 5/2/19 Tue 8/13/19
Form the foundations 17 days Thu 5/2/19 Mon 5/27/19
Utilities of the foundation 10 days Tue 6/25/19 Tue 8/13/19
Construction phase 75 days Tue 2/26/19 Mon 6/10/19
Mobilization 16 days Tue 2/26/19 Thu 4/18/19
Rough framing 5 days Thu 3/14/19 Wed 3/20/19
Structural repair 8 days Fri 4/19/19 Tue 4/30/19
Inspection of the plan 10 days Tue 5/28/19 Mon 6/10/19
Substantial completion 6 days Tue 5/28/19 Mon 6/10/19
Monitoring and controlling phase 58 days Tue 4/30/19 Fri 7/19/19
Track the project progress 58 days Tue 4/30/19 Fri 7/19/19
Analyze key performance indicators on cost,
time and quality 10 days Tue 4/30/19 Fri 7/19/19
Calculation of KPI to track the project work 16 days Wed 5/1/19 Tue 6/4/19
Closing phase 27 days Wed 6/5/19 Thu 7/11/19
Execute the project deliverables 23 days Wed 6/5/19 Fri 7/5/19
Determine the project issues 9 days Tue 6/11/19 Mon 7/1/19
Recognize the valuable project team 12 days Wed 6/5/19 Fri 7/5/19

27PROJECT MANAGEMENT
Perform a lessons learned 8 days Mon 7/1/19 Thu 7/11/19

28PROJECT MANAGEMENT

29PROJECT MANAGEMENT
Figure 4: Gantt chart
(Source: Created by author)
Part 4: Controlling
4. Risk management
Risk management has significance in monitoring as well as controlling the project. Risk
management is an approach in which it can explore recognition, analysis as well as mitigate of
risks which can affect the project. It is considered as important part of the project management
which leads to success of the project. The risk is an uncertain event as well as condition which
can affect the project. Glendon and Clarke (2015) stated that the risk mitigation technique is
based on nature of the project risk which are faced by the project team, therefore it is developed
as an action plan to fight against the project risks. Wolke (2017) argued that the risk management
is essence of the project management. It can cause an increase in success up of the project risks
at great extent (Lam 2014). Following risk management table shows the possible risks in the
redevelopment plan of London Bridge Station:
Risk Details Impact Probab
ility
Risk
level
Contingency
Operatio
n risk
Poor record of the
project completion due
to cost and schedule
Moderate Likely Medium Before staring the
project work as per
project goal, the project
manager should
conduct a schedule and
cost management plan.
Safety There is poor safety Major Likely High A proper protection

30PROJECT MANAGEMENT
risk along with occupational
record of health. There
is lack of protection at
the construction site.
rules and regulations
are implemented in the
organization so that the
construction site is
protected.
Cost risk There is high return on
the funds which are
invested
Minor Modera
te
Medium Proper fund is collected
for the project so that
the project can
complete within
estimated cost.
Health
and
safety
risk
There is pressure on the
health as well as safety
provision.
Major Modera
te
Medium The organization
should implement
safety rules and
regulations based on
construction work
requirements.
Human
resource
risk
There is inexperienced
workforce along with
staff turnover
Minor Likely Medium The workers should
train based on business
requirements so that
they can handle the
project work
efficiently.
Design The contractor is failed Moderate Modera Medium The contractor should

31PROJECT MANAGEMENT
risk to carry out the work as
per the contract
te schedule the project
based on the contract.
From the above identified risks, it is seen that most high risk is safety risk when proper
protection is not taken into the construction site. It may cause death of the persons. Other
identified risks are medium risk. The risk manager should take proper precautions so that they
can overcome with the safety risks (Glendon and Clarke 2015). The organization should
implement of safety rules and regulations so that all the workers should follow them to mitigate
any physical risks of the workers those are working into the construction site. Following is the
risk matrix which shows the impact and likelihood of the identified risks:
Impact
Probability
Trivial Minor Moderate Major Extreme
Rare
Unlikely
Moderate Cost risk Design risk Health and
safety risk
Likely Human
resource
risk
Operation
risk
Safety risk
Very likely
Table 1: Risk matrix

32PROJECT MANAGEMENT
Part 5: Closing
5. Lessons learned report
Prepared by: Project Manager Date: 1/16/2019
Project Name: London Bridge Station redevelopment plan
Project Sponsor: Please fill
Project Manager: Please fill
Project Dates: 7/19/2019
Final Budget: $1,983,200.00
1. Did the project meet scope, time, and cost goals?
The project is able to meet with scope, time and cost goals as it is completed within
scheduled time and estimated budget.
2. What was the success criteria listed in the project scope statement?
The project is succeeding if it will complete on scheduled time and cost. The key successes
of this project are to allocate human resources to the project based on their expertise and
skills to work in the construction project.
3. Reflect on whether or not you met the project success criteria.
I have meet with the project success criteria by analyzing the network diagram. A network
diagram is drawn which shows the critical path of the project activities. Gantt chart helps to
determine the total duration of project along with its start time and date. The major outputs

33PROJECT MANAGEMENT
of this project are improving the communication among the team members so that cost
estimation and project scheduling would be done properly.
4. In terms of managing the project, what were the main lessons your team learned?
 It is recommended to improve the communication process among the project
manager and project stakeholders.
 It is required to allocate all the project tasks to the resources based on their expertise
plus skills.
 It is easier to replicate the project success in the project context by schedule the
entire project plan effectively and properly.
 The mistakes are avoided by proper planning and developing the project so that it
can meet with business requirements, project objectives and goals.
 It is recommended to implement WBS which shows the hierarchical decomposition
of the project activities and planned to complete the project work.
 It is recommended to implement a risk management plan to overcome with the
project issues and take proper mitigation strategies to mitigate those.
5. Describe one example of what went right on this project.
The project is based on redevelopment plan of the London Bridge Station. In this project,
the bridge station is redeveloped so that it can analyze the entire plan. In this project, the
identified project risks are operation risk, design risk, safety risk, health and safety risk, cost

34PROJECT MANAGEMENT
risk and human resource risk. Those are challenges which are faced at middle of the project.
6. Describe one example of what went wrong on this project.
The main shortcoming is the safety risk which cause physical damage to the human
resources. Therefore, the risk manager is required to implement safety rules and regulations
to overcome with the issues.
In this project plan, required changes are to be schedule the project properly and
communicate with the project team members. It is required so that all the project challenges
are mitigated and the project plan will get success.
7. What will you do differently on the next project based on your experience working
on this project?
Based on the final project review, the project manager takes decisions to complete the
project on time and within estimated cost so that the project will get success.

35PROJECT MANAGEMENT
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