Project Management for Transport for London - Desklib

This report analyses project methodologies, stakeholder analysis, network diagram, WBS and risk analysis for the construction of 800 homes in Acton by Transport for London (TFL).

Project Management

Table of Contents
Introduction......................................................................................................................................3
Main Body.......................................................................................................................................3
Task 1...............................................................................................................................................3
Methodologies........................................................................................................................3
Task 2...............................................................................................................................................3
Network diagram....................................................................................................................3
Task 3...............................................................................................................................................4
Stakeholder analysis...............................................................................................................4
Task 4...............................................................................................................................................5
WBS.......................................................................................................................................5
Task 5...............................................................................................................................................6
Risk analysis...........................................................................................................................6
Conclusion.......................................................................................................................................6
References .......................................................................................................................................7

Introduction
The provided project ensures delivering up of effective project management techniques which could be used by corporate firm
to meet desired goals and objectives. For the given report project, operational working at TFL is being taken into consideration. TFL
i.e. Transport for London is being appointed for construction of Land along with Bollo Lane and are being deemed to develop new
800 homes in Acton. In the given document, evaluation over project methodologies, stakeholder analysis, Network diagram, WBS and
risk analysis is being analysed.
Main Body
Task 1
Methodologies
For the given construction project derivates of several project methodologies can be taken into consideration. For the provided
project as, TFL is being tasked to construct 800 homes in Acton and also relying on sustainability objectives of the region. Provided
methodologies ensures effective operations of project firm and also allows industry to focus on completion of social objectives. Below
are the methodologies can be taken into consideration for completion of project; Agile: The provided project methodologies aims its working for facilitating the project firm to derive with maximum
advantages through effective use of project resources. In regards to the given project, provided project industry by undertaking
techniques of agile methodology can gain advantage of professionalism of efforts being produced in the project firm and will
also allow project managers to comply with desired project goals.
 Waterfall: For the given methodology proper dividing of project work is being facilitated. The provided methodology enables
project managers to construct an effective pathways to attain the desired goals and objectives of the project firm. In this
method rational distribution of project task are being facilitated.

Task 2
Network diagram
Network diagram refers to graphical presentation of performed activities in the project firm. Such representation is useful for
managers of the project firm to develop better understanding of project aims and objectives in relation with their achievement of such
goals and objectives. The given presentation of project task or activities signifies interrelation with the several tasks or activities to be
performed for the given project. This also enables project firm to avoid wastages of resources of the project firm.

The above diagram is prepared through underneath basis
Early Start Activity Number Early finish
Slack
time
ACTIVITY NAME
Late Start Duration Late Finish
For the given project above network diagram represents best critical path through which project goals and objectives can be
ascertained. By presentation of network diagram project managers enables effective working techniques in the project firm by
ensuring clear vision towards attainment of such goals and objectives. As per the analysis of higher up chart of concert that different
activities are based on the shortest time such as, 1,2,4,5,9,10,21 and 22. Thus, the lowest possible time to finish them will be about in
116 days that is period of time of such events.

Task 3
Stakeholder analysis
The given analysis illustrates technique through which better decisions concerning to completion of project tasks can be
facilitated. Reflecting to project tasks there are various stakeholders which are being involved in project completion. This can be
inclusion of Customers, workers, investors, managers etc. The given analysis classify each stakeholders and allows project firm to
develop project strategies that relates to specified stakeholders which stays important for the project firm on the basis of interest and
power. The stakeholder analysis of TFL are as follows;
 High power, low interest: Under this category of stakeholder matrix, stakeholders who have high power to manipulate
operations of the business firm but possess low interest in operations of the business firm are being considered in this category.
In relation to the given project firm committee members of project industry are being taken into consideration.

 High power, high interest: Under this category of stakeholder matrix, stakeholders who have high power to manipulate
operations of the business firm and also possess high interest in operations of the business firm are being considered in this
category. For the given project firm investors as the stakeholders are being taken into consideration. Low power, high interest: Under this category of stakeholder matrix, stakeholders who have low power to manipulate
operations of the business firm but possess high interest in operations of the business firm are being considered in this
category. In contrast to the given project industry organisers will be considered as, they possess high interest but low power to
regulate working in the project firm.
 Low power, low interest: Under this category of stakeholder matrix, stakeholders who have low power to manipulate
operations of the business firm and also possess low interest in operations of the business firm are being considered in this
category. In the project firm audience are being stated for this category.

Task 4
WBS

Task 5
Risk analysis
No. Risk Effect Possibility Mitigation
1 Failure of power Low High Using good quality of machines and equipments
being used under guided manner.
2 Changes in weather High Moderate Estimating the possibilities and good planning
techniques.
3 Safety and security Low Moderate Vision of secured place to work
4 Low human resource High High Effective HR management
5 Technological updates Low Moderate Market research
6 Bad catering on site High Low Hiring good quality catering
7 Lack of coordination High Low Coordination techniques
8 Lack of space Low High Allocation of resources in proper manner
9 Issues relation to society High Low Completion of social objectives
10 Self-esteem High Low Providing fair working environment in the
operational firm.
11 Lack of parking space Low Low Organising good parking facilities
12 Loss of finance Low Low Finance management
13 Project conflicts High Low Effective supervision
14 Low moral Moderate Low Marking company good place to work through
motivational techniques.

15 Government influence Low Low Market research
16 Shortage of resources High Moderate Effective allocation and usage strategies.
17 Employee safety High Low Illustrating disaster management training session.
18 Act of God Low High -
19 Ineffective time management Low High Time management techniques
20 Market uncertainties High Low Market research and operational flexibility
Task 6
Particulars Quality expectation Acceptance criteria Quality specification Controlling techniques
Advertising High Increasing sales by 5% Technology usage Training and developing
Methodology High Increasing productivity
by 5%.
Agile and Waterfall Following principles of
methodology
Risk assessment High Raising productivity by
2%.
Risk register Effective risk
management techniques
Performance High Increasing turnover by
7%.
WBS and Gantt chart Supervision techniques.
Conclusion

References
Books and Journals