Project Management Transport for London Project Brief
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This report presents a comprehensive view of project management in relation to the contract received by TFL (Transport for London) to develop close to 800 homes in Acton with focus on major aspects such as project initiation, network diagram and factors of risk analysis which are crucial aspects for execution of the given project in London.
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Project Management – Transport for London
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INTRODUCTION Executing and planning projects to be undertaken is how many businesses in the current trade landscape stay afloat and profitable consistently. Projects are very vital for a firm as they can come from various domains such as corporate ones along with government and civil authority backed projects. In order tos successfully execute and monitor progress on any given project, organizations rely on the crucial process of project management which refers to the combined application of the experience, skills, software technologies and business processes in order to successfully complete any given project goals within agreed parameters and constraints such as time (Caramia, 2020).This report will present a comprehensive view of project management in relation to the contract received by TFL (Transport for London) to develop close to 800 homes in Acton with focus on major aspects such as project initiation, network diagram and factors of risk analysis which are crucial aspects for execution of the given project in London. TASK Methodologies The main aim of this project that has been undertaken by the transport of London is to build close to 800 homes on the streets of Acton and this can only be done through effective project planning which is a major part of the execution of any given project because it is the process of documenting and formulating various feasible goals and objectives for smooth advancement towards the full completion of any given project. One of the main objectives of this assignment is to build sturdy and great quality homes to improve brand image and public goodwill (Yokee and Sahapattana, 2022).Several methodologies of project management are at play which all help achieve the targets in different ways and in the modern times, there are special software's and approaches which are built for regulation and management of projects, some of which have been described below that can be used by TFL. Waterfall– There are many ways in which a project can be planned and executed and this method is a very strict and traditional method which is very linear and sequential as
this software oriented methodology, the work which has to be done in a particular project is divided into various stages where one stage cannot be started before competing a previous one and after moving from one step to another, there is no going back which makes it a very tough model to adhere to. TFL will first identify the requirements of raw materials and all the resources needed to start the production of home building, the next stage is where the company will design the systems which will layout the planned home designs and set standards for planning and regulation (Bergmann and Karwowski, 2018). This is followed by execution of the project as well as the software coding and it's completion and finishing within given deadlines. The final stage of the waterfall style involves delivering the project to Ealing Council and thereafter, regularly checking for feedback. SCRUM– This is another viable approach through which project management of all the homes that to be built can be successfully undertaken by TFL and compared to the above listed waterfall method, it can be much more quicker and efficient depending upon the software's used and talent of the workforce working on the project (Ashmore, and et.al., 2018).The work on the homes will be pout under the watchful eye of the 'scrum master' which will spearhead the project and save daily problems and there will be lot of meetings held daily called 'sprints'. Network diagram It is a specifically generated plan and blueprint according to which various activities of the project are formulated and designed for the purpose of documentation, goal formation and establishing control standards and time parameters. Every project must be supplemented with it's own network diagram and some examples related to the housing project undertaken by TFL is given below.
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The above given network diagrams have bee drawn on the basis of the following criteria. Early StartActivity NumberEarly finish Slack timeACTIVITY NAME Late StartDurationLate Finish
Stakeholder analysis The huge scale projects that are undertaken by big organizations are complex processes which carry a great impact on multiple sections of society such as the housing project undertaken by TFL and executing such projects can only be done after due identification of it's stakeholders. All the internal and external people which are involved or affected by the project are it's stakeholders and an analysis has been given below detailing the interest of TDL stakeholders in this project (Carstens and Richardson, 2019). High power high interest– These are the type of stakeholders involved in the project which have high power and interest and can dictate the terms and conditions involved in the project which in context of TFL is the town hall committee and the government. High power low interest– According to the shareholder matrix, these entities possess high power to influence the development of the project but low interest in doing so which in TFL's case is the audience and the general public. Low power high interest– These entities have quite a low degree of power when it comes to disrupting the project life cycle but have very high interest in observing the project which can be attributed to the investors of TFL in this particular matrix. Low power low interest– The least important stakeholders which in relation to this project are the firm's workforce and internal participants which exist to comply with the
instructions of the organization and are only doing so mostly for the sake of earning a decent pay rather than personal interest. Structure breakdown The housing project which has been undertaken by TFL to build more than 800 homes is a massive undertaking with a lot of processes involve which must be executed carefully as it is the matter of public service and customer convenience (Cerdeiral and Santos, 2019).This is a major reason as to why there must be a procedural breakdown of all major tasks involved in the project into minor division's which are given below by WBS for TFL. Risk Analysis Various parameters have been listed below which can be potential disruptions in TFL's housing project management along with their effects, possibility and measures to prevent them from happening (Slagmulder and Devoldere, 2018). No . RiskEffectPossibilityMitigation 1PowerandLowHighUsage of hi-tech machines and
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electricity issuestechnologieswhichare sustainable and dependable 2Bad weatherHighModerateBytakingintomeasure constant and accurate weather forecasting methods 3Workplace Security issues LowModerateBy following and formulating proper rules to be followed at the work floor at all times 4Lackof personnel HighHighHiringtalentedhuman resource managers and acting in the interest of the workers 5Technology getting outdated LowModerateThe company must regularly invest in R&D and integrate businessoperationswiththe current latest technology 6Problems in on- site catering HighLowHiringandrecruiting professionals with prior work experienceinthecatering department 7Projectgetting stalkeddueto uncooperative staff HighLowPlanningtheactivities involved in project by software andholdingconstantstaff meetings 8Constricted workspace LowHighProperresourcemanagement andestablishingsystemsto mitigatewasteand mismanagement in workplace (Galli, 2018). 9Cultural problems HighLowSolidandconsistent participationinCSRand communicatingconstantly
with the stakeholders involved in the project 10Slumping workforce morale HighLowProvide employees with decent compensationpackages, establishingapositivework culture and taking their inputs in project management. Projected standards of quality control The various important aspects of TFL's project management process have been described below along with the various stages of quality control they will be subjected to. ParticularsQuality expecta tion Acceptance criteriaQuality specificationControlling techniques Advertisem entand promotion BestPhysical and digital traffic increase by 25% Latesttechnology integrationandusing social media promotion Business administrationand training(Joseph andMarnewick, 2018). Project methodolog y BestOrganizational performanceand productivityincreaseby 20% Waterfallfor a solid yet traditionalapproachor SCRUMwhich is faster and more efficient Followingwritten rules an guidances onproject methodologies Analysis of risk BestPotentialpreventionof projectdisruptionsby 70% Registrationand regulation of risk Riskmanagement practices(Rane, PotdarandRane, 2019). Standards of BestIncrementincompany turnover by 7% Gantt Charts and other documents prepared by Techniquesand modelsof
performanc e WBSproductivity analysis CONCLUSION The above concluded report went into detail regarding the nature of projects which are undertaken by big organizations and whose scope and impact affect a wide variety of people which makes their proper management and execution a priority. The various approaches to managing and regulating projects were discussed such as Waterfall and SCRUM along with network diagrams and analysis of stakeholder interests which are involved in housing projects. The breakdown of tasks involved in building public homes was also highlighted along with risk analysis of several elements and the report was concluded with the quality control process which such large scale housing projects are often subjected to.
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REFERENCES Books and Journals Ashmore, and et.al., 2018. An exploratory examination of modes of interaction and work in waterfall and agile teams. International Journal of Agile Systems and Management, 11(1), pp.67-102. Bergmann, T. and Karwowski, W., 2018, July. Agile project management and project success: A literaturereview.InInternationalConferenceonAppliedHumanFactorsand Ergonomics (pp. 405-414). Springer, Cham. Caramia, M., 2020. Project management and scheduling. Annals of Operations Research, 285(1), pp.1-8. Carstens,D.S. and Richardson, G.L., 2019. Project management tools and techniques: A practical guide. CRC Press. Cerdeiral, C.T. and Santos, G., 2019. Software project management in high maturity: A systematic literature mapping. Journal of Systems and Software, 148, pp.56-87. Galli, B.J., 2018. The future of economic decision making in project management. IEEE Transactions on Engineering Management, 67(2), pp.396-413. Joseph, N. and Marnewick,C., 2018. Investing inprojectmanagementcertification:Do organisations get their money’s worth?. Information Technology and Management, 19(1), pp.51-74. Rane, S.B., Potdar, P.R. and Rane, S., 2019. Development of Project Risk Management frameworkbasedonIndustry4.0technologies.Benchmarking:AnInternational Journal. Slagmulder, R. and Devoldere, B., 2018. Transforming under deep uncertainty: A strategic perspective on risk management. Business Horizons, 61(5), pp.733-743. Yokee, M. and Sahapattana, P., 2022. EFFECTIVENESS OF THE WATERSIDE HOUSING DEVELOPMENT PROJECT (Doctoral dissertation, National Institute of Development Administration).