This report discusses project management techniques used by Transport for London, including stakeholder analysis, risk identification, and project methodologies. It covers the tasks involved in the project and the strategies used to manage them. The report also includes a list of references for further reading.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Project Management – Transport for London
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Introduction Project management is an effective technique which is used for setting higher standards in the project industry. The techniques provided a service to their customers that ensure the effective use of project resources as well as a better working environment in the organisational firm. Operational work at Transport for London is taken into account in the provided report document (Adams, 2021). The analysis of project firm stakeholders, risk identification, and considerations of WBS, Gantt chart, and network diagram are highlighted in the following report document. Task 1 Project methodology mainly work as a critical path for communicating projects progress in the most concise and effective manner as possible. These methodologies are dedicated to maximising the benefits or output from the resources that are used to make an investigation in the project. Undertake road projects to create safer, greener, and more attractive streets, as well as improve the entire bus network across London, that is used in the project as well. The following are some key methodologies that could be focused on; ï‚·Agile: When working in self-organized and cross-functional teams, the given methodology is thought to be the best approach (Cao, 2021). In this context, as Transport for London considers developing streets and planning development with regard to greenery in the London region, As a result, the given methodology will be best suited to the firm's social prospective, in which the organisation will be exposed to multi-cultural aspects. ï‚·Waterfall: Second methodology that is used to work and make effective claims to be effective in promoting work efficiency in the manufacturing and construction industries. The methodology presented focuses on continuous work in the project industry. In its evaluation, if a worker leaves in the middle of a project task, arrangements are made to replace the individual while keeping the effectiveness of the work being produced constant. Which is helpful for generating different platform and manage the task in more appropriate and effective ways. This, methodology provide a systematic growth in the industry to achieve some growth in different channels.
Task 2 This section is helpful for generating different stages and make approaches to analyse work more effectively in major situations to complete this project. There are different activities is useful for the growth in starting from budget approval, to hire the orchestra and music to analyse systematic performance in different manners. It will be helpful for the project to achieve growth in advertising media and order customers for the growth perspective in Transport for London (Faith-Ell and Fischer, 2021). Where project management plan is helping for staging one of the famous that can be considered for the growth to create 800 new homes within London. All of these activities are completed in 70 weeks. In order to complete the activities Gantt chart is used to work effectively and manage the each and every activity in different manners. This will be helpful for working in an appropriate manner and considered as completed activities in specified time period (Zhang and Zhao, 2021).
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Task 3 Stakeholder’s analysis is an important component and it is one of the first step in stakeholder management process. It is a basic technique which is used by the successful people to gain and support the other people. Stakeholder’s management to use critical progress in providing more information to projects, allowing them to complete tasks more thoroughly (Kurup and et.al., 2021). Stakeholder management is used to develop long-term initiatives and is essential for achieving more effective results.When identifying various requirements, it is critical to examine how all three processes are engaged among company management, resulting in the identification, prioritisation, and, finally, comprehension of stakeholders. As a result, more people are involved in the company's process to complete work with important information in order to handle tasks effectively.
ï‚·High Power, High interest:It can be fully engage with different people and make great efforts to satisfy the need to satisfy the basic need. ï‚·High Power, Low interest:Those people to keep them satisfied is different matters and make systematic change to maintain the growth with high power and low interest. ï‚·Low Power, High interest:They are related to manage wide category that may further use and manage in well-planned manners (Vassallo and Bueno, 2021). ï‚·Low power, Low interest:They are the one who are related to work with low power stakeholders with lowest interest.
StakeholderInternal / External Amountof Power/Interest The stakeholder has How would the stakeholder affect the project or be affected by the project Communication Strategy CustomersEXTERNALHigh power, Low interestCustomer have the high power as they can change the decisions of the project team. But on the other side, they have less interest. Withthedifferent promotional techniques and selling methods are used to communicatewith stakeholders. Trade unionsEXTERNALLow power, Low interestTradeunionaretheexternal stakeholders of the company, as theyhavelowpowerandlow interest to this project. Tradeunionscanbe communicatethroughthe employees of the company. GovernmentEXTERNALHighPower,Low interest They are the external sources who havethehighpowerbutlow interestinthecompany.Which means that the respective projects to analyse an effective perspective (Liu and et.al., 2021). The government can make communicationthrough officiallettersanda meetingwithproject nature. EmployeesINTERNALLowPower,High interest Employeesaretheinternal stakeholders, they have very few They can be communicate withformalandinformal
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
power to the company whereas the interest is high. waysinaddressingsome major process. CEOINTERNALHighPower,High interest Theyarethemajorinternal stakeholders of the company, as they can make high strategies and takedecisionabouttheproject. Whereas, they have also the high interesttomakemoreeffective approaches in different schedules. Theyarethemajor stakeholdersofthe company, as they are the owner and make effective decision in the stages.
Task 4 Main activities for Transport for London Budget ApprovalMusicAdvertisingDevelop an Advertisement Plan Train Production Crew Performance Director Approval Department approval Hire Orchestra Manager’s concern Hire publicity Director Use of digital techniques Marketing tools Hire set designer Set designed and built Cast rehearsal Advertisement media Concern of marketing manager Performance management techniques Training
Task 5 A risk is the matrix which is basically used for allocating the risk and identify the challenges in diferent perspective. It is basically working on the two major perspective that are event probab;lity and its impact on the project from both of the sides positive and negitive (Li, 2021). In order to identify major risk it is analysed to work and make more effective and appropriate approach to work accordingly as per the need and demand of the project. Risk Description of the risk Negative / Positive Probability / ImpactStrategy to deal with the risk Social riskNegativeHigh Probability and low impactThis risk should be mitigate as it can be social risk and make
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
changes in different ways. Furthermore, it make an impact on the decision and strategies of project. ConstructionNegativeLow probability and high impactThis risk should be share by the management team as they can transfer the possibilities of this risk to the other department of the project. Financial funding NegativeHigh probability and high impactHere, the project team should strategies the other plan that meansalwaysbereadywiththedifferentstrategiesand growth. Cost controllingPositiveHigh probability and high impactTo minimise the cost sector of project, it is important to reduce the cost and improve safety of the project. Political factorsPositiveLow probability and high impactThepoliticalfactorsshouldbeavoidedbytheproject management team as they have no control to minimise or reduce the risk. They have to bear the risk if any occur during the project. System designPositiveHigh probability and low impactRisk buffering can be used by the project company, as it will helpthesystemdesign toextrasuppliesonthehandto eliminate the risk of running out. Technological transfer NegativeHigh probability and high impactIt will be helpful for conducting technological transfer to achieve risk level and way to down to resist the technological transfer. Project feasibility PositiveLow probability and low impactIt control the growth and achieve transfer to analyse systematic another organisation that can be helpful for result and their low impact. Public safetyNegativeLow probability and high impactIt helps in controlling by performing analyses in different segments to achieve the public safety. Decision making process PositiveLow probability and low impact.There are different process to analysis in different decision making accepting consequences to select in terms of money and time.
References Books & Journals Adams, J., 2021.Transport planning: Vision and practice(Vol. 1). Routledge. Cao, M., 2021. Transport Planning and Management and its Implications in Chinese Cities. InInternational Encyclopedia of Transportation(pp. 44-50). Elsevier. Faith-Ell, C. and Fischer, T.B., 2021. Strategic environmental assessment in transport planning. InHandbook on Strategic Environmental Assessment. Edward Elgar Publishing. Kurup, S., Golightly, D., Clarke, D. and Sharples, S., 2021. Passenger information provision: Perspectives from rail industry stakeholders in Great Britain.Journal of Rail Transport Planning & Management,19, p.100264. Li, X., 2021.Project Management Tools and Techniques in Predicting Project Management Performance for Strategic Projects(Doctoral dissertation, Capella University). Liu, H.J., Love, P.E., Zhao, J., Lemckert, C. and Muldoon-Smith, K., 2021. Transport infrastructure asset resilience: Managing government capabilities.Transportation Research Part D: Transport and Environment,100, p.103072. Vassallo, J.M. and Bueno, P.C., 2021. Sustainability assessment of transport policies, plans and projects. InAdvances in Transport Policy and Planning(Vol. 7, pp. 9-50). Academic Press. Zhang, M. and Zhao, P., 2021. Literature review on urban transport equity in transitional China: From empirical studies to universal knowledge.Journal of Transport Geography,96, p.103177.