This presentation discusses the project management aspects of constructing a flyover, including business drivers, objectives, expected benefits, estimated cost, assumptions and constraints, communication plans, work breakdown structure, network diagram, and risk register.
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Table of Content •Introduction •Business Drivers •Project Objectives •Expected Benefits •Estimated Cost •Assumptions and Constraints •Communication plans •Work based divisions •Network diagram •Risk register •Conclusion •Refernces
Introduction Projectmanagementfacilitateintakingnecessarystepsfor managing the project which includes initiation, planning of the resources required their implementation and monitoring etc. In this presentation the project of constructing a flyover is taken into consideration by a UK based constructing company Northstone Ltd. For managing the project they need to provide the overview o the project and the business plan etc.
Business Drivers The business drivers are key activities and inputs and for undertaking this project various activities includes procurement of resources, planning of the structure of the bridge, setting the time limit for completing the project on time. Various resources to be used in the construction include the building material, funds that to be procured, labour for constructing the project.
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Project Objectives The objective of undertaking this project is to reduce the time of travelling as the flyover will connect two roads as there is railway crossing which takes time to travel from one side to other. With this flyover the waiting time will be reduced. .
Expected Benefits The estimated benefits of undertaking this project is around 40% of the amount to be taken from the government as the company has contract with the labour contractor who will provide them the labour on agreed rated. Similarly they can gather material from the agreed suppliers which will reduce the chances of impact of increased prices.
Estimated Cost Estimated cost of undertaking the project is given below: ParticularsAmount (£) Estimated cost of material58000 Estimated cost of labour65000 Estimated indirect cost such as travelling, electricity, development of the software etc. 25000 Estimatedcostofpurchasingsafety equipments and taking license 5000
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Assumptions and Constraints For undertaking the project various assumptions are to be taken by the project managers.The assumptions that are related with the project include that in the near future their will not be any change in the prices of the material and the labour rates will also be constant.
Communication Plans •The communication is very much necessary for undertaking any project. The company has tospecifytheflowofcommunicationfor whichthepeoplecancommunicate among themselves.Communicationwouldhelpin bringing the transparency among the activities if employees which would benefit the both the organizationandtheemployees(Kerzner, 2017).
Work Breakdown Structure •Work break down structure is a structure in which the activities which needs to be included into the project gets breakdown into small activities and that to into the sequence in which they needs to get executed. The break down of activities has helped the project in making it simpler and much clear.
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Activity list and network diagram •Activity list is the list which is prepared bythe projectinchargestatingtheactivitieswhich would be including into the completion of the project. Activities includes the minor to major task orworkwhichhelpincontributingintothe completion of the project. Whereas network dialog refers to the diagram in which the activities are presented into diagram along with the sequence in which they need to get performed.
Risk register •Risk register is the table which tells the project holder about the risk which is being associated with the project. There are many risks which cangetincludedsomeofthemincludes, financialrisks,resourcesrisks,manpower risks and the so on (Burke, 2013).
Conclusion •From the presentation presented above, the proper planning which needs to be taken under account before starting up a project has been presented. These may include risk register, communicationplans,networkdiagrams, work divisions and the so on.
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REFERENCES Nicholas, J.M. and Steyn, H., 2017.Project management for engineering, business and technology. Taylor & Francis. Gino, F., 2018. The business case for curiosity. Liu, J., Zhang, N., Kang, C., Kirschen, D. and Xia, Q., 2017. Cloud energy storage for residential and small commercial consumers: A business case study.Applied energy,188, pp.226-236. Burke, R., 2013. Project management: planning and control techniques.New Jersey, USA,26. Kerzner, H., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons.