Project Management for Transport for London - Methodologies, Network Diagram, Stakeholder Analysis, WBS, and Risk Assessment | Desklib

This article discusses project management methodologies, network diagram, stakeholder analysis, WBS, and risk assessment for Transport for London. It covers topics such as Agile and Waterfall methodologies, stakeholder analysis, risk register, and more. The article also provides study material, solved assignments, essays, and dissertations related to the topic.

PROJECT
MANAGEMENT
TRANSPORT FOR
LONDON
1

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
Main Body.......................................................................................................................................1
Task 1...............................................................................................................................................1
Methodologies.............................................................................................................................1
Task 2...............................................................................................................................................2
Task 3...............................................................................................................................................3
Stakeholder analysis....................................................................................................................3
Task 4...............................................................................................................................................5
WBS.............................................................................................................................................5
Task 5...............................................................................................................................................6
Risk analysis/ register..................................................................................................................6
Task 6...............................................................................................................................................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
2

INTRODUCTION
Project management is defined as activity that uses by individual for specific knowledge, tools
and techniques, skills and managing information. This is important for each organization to
understand what is running in environment and how thing is going on, so that task will be
manage accordingly. Project management is the application of methods, processes, knowledge
and experience of individual and group of people that used to achieve project objectives
effectively. The current project is all about road project to create safer, greener, and most
attractive streets as well as improving entire bus network across London (Diop, Scheren and
Niang, 2021). The project will be start from 27th of September 2021 to 12th November 2021. The
current project convers project methodologies, network diagram, stakeholder analysis, WBS and
risk assessment.
Main Body
Task 1
Methodologies
According to case scenario, TFL is appointed to construct Land along with Bollo Lane for
the purpose of creating more than 800 new home in Acton. This is a given assignment where
number of activities and functions are allocated between employees as per their skills that
supports to complete the project timely. The objectives of project are to celebrating the 40th
anniversary of G&S Society and to unveil TfL strategic direction. To complete this task different
methodology being used by researcher or project management in relation to TFL. This is
important for project management is to understand the given assignment properly and give their
contribution to finish the work. The description of methodologies defined below:
Several methodologies which could be taken into consideration for performing given
project activities that relates to TFL. The given methodologies are chosen in respect with taking
considerations of project nature and scope: Agile – This could be explained as software development strategy that related to any
project for developing attractive ideas and performing the activities effectively. In other
words, agile is a methodology of determining project activities in efficient manner that
could help to increase the business performance. TFL will use this method to developing
the ideas and managing all activities (Gould, 2020).
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 Waterfall – This is an internal process or methodology that highlights very little on the
end user and involve clients with a project. The main purpose of using waterfall model is
to help internal teams in moving appropriately via different phases of projects. This is
used by project management by dividing work as per linear sequential phases that make
sure interest of shareholders is protected by them. This could develop business activities
and functions with the help of software. This is relevant for given project as maintains
better working standards in project and fulfil stakeholders needs that supports to deve
Relevancy of the given methodology with the provided project develops better standards
of working in the project firm through considering fulfilment of basic organisational need
of the stakeholders. Moreover, building relations through communication techniques is
also focused under this methodology.
Task 2
Network diagram – Network diagram refers to visual representation of computer or
telecommunication network that related to activities, needs to perform effectively and manage all
functions. The current project is about building more homes and develop the brand image in
changing environment. The management of chosen organization understand needs of their
customers and construct homes accordingly which supports to accomplish the business goals.
Come to current project, network diagram is prepared by project managers that ensures
individuals that all resources are collected by reducing wastages that supports to develop
organizational productivity. The management used this model to ensure low wastages and high
productivity that supports maintain higher performance (Greenbaum and Kyng, 2020).
4

The above diagram is prepared on the basis of activities:
Early Start Activity Number Early finish
Slack
time
ACTIVITY NAME
Late Start Duration Late Finish
This critical path showcase in above network diagram that there are multiple activities in
this project that needs to be complete by managing all functions effectively. 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. The network diagram is used to planning the structure, keep track of
components, reporting and troubleshooting network problems, and spending relevant
information. Thus, the lowest possible time to finish work will be around in 116 days that is
specified period of organizing event successfully (Hoffman and Tadelis, 2021).
Task 3
Stakeholder analysis
Stakeholder Analysis is defined as important practice of assessing system and bringing
potential changes for the purpose of making effective decisions. This is important for each
industry to use stakeholder analysis as it helps to understand what needs to bring in market and
how activities should be manage to complete the project. In other words, it is a technique used by
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individual to make effective decisions and develop organizational activities. In this, organization
get exposure or views from number of stakeholders by developing strategies that supports to
keep effective workplace. In relation to current project, TFL formulated a stakeholder analysis
for completing their event stated below:
 High power high interest - This means people or group of individual is having high
power and high interest in organisation’s operations that keep records of all activities and
functions which needs to be done. In relation to current project, government is
considering as great stakeholders as it has power and interest to interfere in each activity
that supports to complete timely (Kabir and et.al., 2020).
 High power low interest – This means stakeholder that possess high power and low
interest in operation working and supports to complete task. In relation to celebrating
event of constructing homes, investors and owner of project is categorised that has power
to take part in business meeting and keep their opinions to grow business.
 Low power high interest – This segment is related to low power and high interest that
are not allowed to take part in any decision making activities. In relation to current
project organiser and employees are categorised to this aspect as they work for getting
remuneration but not allowed to share their views.
 Low power low interest – This component of stakeholder matrix showcase individual
and people who belongs to low power and low interest that directly affects business
6

industry. In relation to current project, customers or clients is having low power and
interest in any project. In case prices of any products and services increased then it will
be challenging for people to manage the business effectively (Kavanagh and et.al., 2020).
Task 4
WBS
WBS is a structure and method of organising and completing work in relation to a project
that increases the business performance. It has seen that there are many activities in a project that
needs to complete effectively by managing all functions so that it breaks in to smaller sections
which supports to complete the projects. This is a structure of showcasing activities and building
strong relationship between managers and employees who is working at the workplace. The
current project is about celebrating an event of completing project and becoming leading
organization in the changing environment that supports to develop business activities. The
project manager plays very important role as it understands project and allocate activities in to
smaller sections by dividing working between employees that benefited of completion project
and attaining objectives. This can help to develop the business activities and managing each
functions by skilled people (McSherry, Rykkje and Thornton, 2021).
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Task 5
Risk analysis/ register
While doing any project and task it is important to know upcoming risk that might be arises and
will impact business activities. This can help to formulate the planning and strategies which used
to overcome issues and maintain higher performance. The current project is all about organizing
event of celebration and building homes of their potential customers (Monaco and et.al., 2021).
In doing project, a risk register is being prepared by risk manager that conduct analysis and know
risks that might be arise. The risk register is prepared below:
No. Risk Effect Possibility Mitigation
1 Failure of power Low High To mitigate from this risk there is need to use prepare
stakeholder analysis, good quality of machines and
equipment that will help to complete the task by
increasing power to work (Omayio, Sreedevi and
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Panda, 2021).
2 Changes in
weather
High Average As construction is started after month of July then
will be low chances of changing in weather.
Moreover, there is need to good planning and
techniques to reduce impacts.
3 Safety and
security
Low High The project management should ensure safe and
secured workplace where work could be done and
employees feel good to work.
4 Low human
resource
High High To managing and completing work there is need to
recruit skilled and talented people by human
resources through conducting interviews and taking
technical round that will help to reduce risk.
5 Technological
updates
Low Moderate The project management should bring technology
advancement in their working.
6 Bad catering on
site
High Low There need to hire good quality of catering services
(Pievatolo, 2020).
7 Lack of
coordination
High Low E-mails, social media, what’s up group, and
Instagram are effective channel of communication
that could be used to mitigate risk.
8 Lack of space Low High The management should be allocate resources and
capital in effective manner.
9 Issues relation to
society
High Low The management needs to solve issues of society by
providing benefits and helping them.
10 Self-esteem High Low Providing self-respect and good working
environment
11 Lack of parking
space
Low Low Structuring right place to parking
12 Loss of finance Low Low Managing cash-flow and inflows by preparing
budget
13 Project conflicts High Low Effective supervision and leading people at the
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workplace
14 Low morale Moderate Low Filling employee’s needs, guiding and providing
training to staff that support to increase productivity.
15 Government
influence
High Low Market research and following all regulations
16 Shortage of
resources
High Moderate Effective allocation and optimum use of resources
17 Employee safety High Low Providing training sessions, equal opportunity, and
others
18 Act of God Low High Believing in god
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
customers or
visits by 25%
Use of
technology and
digital marketing
Training and
developing to
staff
Methodology High Increasing
productivity by
10%.
Agile and
Waterfall
Following
principles of
methodology
Risk assessment High Raising
productivity by
20%.
Risk register Proper
management and
arrangement of
resources
Performance High Increasing
turnover by 15%.
WBS and
network diagram
Supervision
techniques.
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CONCLUSION
From the above report it can be concluded that, project management is the involvement
of multiple activities and functions that designed for the purpose of developing business
activities. WBS is used by project manager to divide larger activities in to smaller section that
supports to attain project goals.
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REFERENCES
Books and Journals:
Diop, S., Scheren, P. and Niang, A., 2021. Introduction: Water Resource Management Within the
Climate Change Context in Africa: Synthesis, Key Findings and Future Challenges.
Climate Change and Water Resources in Africa: Perspectives and Solutions Towards
an Imminent Water Crisis. pp.1-12.
Gould, A. M., 2020. Introduction: Public Policy Failure, the Demise of Experts, and the Dawn of
a New Era. The Palgrave Handbook of Management History. pp.889-912.
Greenbaum, J. and Kyng, M., 2020. Introduction: situated design. In Design at work (pp. 1-24).
CRC Press.
Hoffman, M. and Tadelis, S., 2021. People management skills, employee attrition, and manager
rewards: An empirical analysis. Journal of Political Economy. 129(1). pp.243-285.
Kabir, M. and et.al., 2020. Combination drug therapy for the management of Alzheimer’s
disease. International journal of molecular sciences. 21(9). p.3272.
Kavanagh, E. and et.al., 2020. Managing abuse in sport: An introduction to the special issue.
Sport Management Review. 23(1). pp.1-7.
McSherry, W., Rykkje, L. and Thornton, S., 2021. Introduction: Understand Ageing and How
We Care for Older People—Reflections, Legacy and Lessons Learned in the Wake of
COVID-19. In Understanding Ageing for Nurses and Therapists (pp. 1-9). Springer,
Cham.
Monaco, M. E. and et.al., 2021. Introduction to the NOAA Integrated Ecosystem Assessment
Program: Advancing Ecosystem Based Management.
Omayio, E. O., Sreedevi, I. and Panda, J., 2021. Introduction to Heritages and Heritage
Management: A Preview. In Digital Techniques for Heritage Presentation and
Preservation (pp. 3-10). Springer, Cham.
Pievatolo, M. C., 2020. Introduction to the course" Open science and research data
management"(Pisa January-March 2020).
(Diop, Scheren and Niang, 2021) (Gould, 2020) (Greenbaum and Kyng, 2020)
(Hoffman and Tadelis, 2021) (Kabir and et.al., 2020) (Kavanagh and et.al., 2020)
(McSherry, Rykkje and Thornton, 2021) (Monaco and et.al., 2021) (Omayio, Sreedevi
and Panda, 2021) (Pievatolo, 2020)
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