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Project Management of an Integrated Resort Research Paper 2022

The thesis paper focuses on the development project of an Integrated Resort (IR) in Singapore, analyzing opportunities for value creation and the impact on the economy, society, and environment. The research includes case studies of existing IRs in SE Asia and proposes the development of a new IR on the East Coast of Singapore.

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Added on  2022-10-15

Project Management of an Integrated Resort Research Paper 2022

The thesis paper focuses on the development project of an Integrated Resort (IR) in Singapore, analyzing opportunities for value creation and the impact on the economy, society, and environment. The research includes case studies of existing IRs in SE Asia and proposes the development of a new IR on the East Coast of Singapore.

   Added on 2022-10-15

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Running head: PROJECT MANAGEMENT OF AN INTEGRATED RESORT
Project management of an integrated resort (IR)
Name of the Student:
Name of the University:
Project Management of an Integrated Resort Research Paper 2022_1
1PROJECT MANAGEMENT OF AN INTEGRATED RESORT
Abstract
The thesis paper is based on development of Integrated Resort in Singapore. The study is focused
on reviewing the project management principles and concepts in development of Integrated
Resort (IR). The development work is also considered the economic, social as well as
environmental factors. There is development of existing knowledge related to project
management theme used in developing of resort within SE Asia and Singapore. Development
work of IR is playing a key role to boost economy of Singapore and it will attract the customers
and grow in the customers. The researcher analyzes three case studies examples to achieve of IRs
that have been established in SE Asia. After examination of the case studies, the projects should
establish a proposed IR development on the East Coast of Singapore will have positive impacts
on visitors as well as to the local community. The selected research method for this research
paper is primary data collection by means of surveying 30 local residents and people those are
taking an opportunity of the Integrated Resort. The survey questions are to be selected on
environmental plus social impacts of development work. Quantitative data analysis is performed
on the collected data where the data are analyzed by statistical method and regression analysis.
Recommendations are provided that the development work should require implementing
construction policies and supporting from the government to gain higher benefits and financial
profits.
Keywords: Integrated Resort, Project Management Principles, Economic, Social, Environmental,
Local community.
Project Management of an Integrated Resort Research Paper 2022_2
2PROJECT MANAGEMENT OF AN INTEGRATED RESORT
Table of Contents
Chapter 1: Introduction....................................................................................................................9
1.1 Background of the research study..........................................................................................9
1.1.1 Background of Singapore for development of Integrated Resort.................................11
1.2 Aim of the study..................................................................................................................12
1.3 Objectives of the study........................................................................................................12
1.4 Research questions...............................................................................................................13
1.5 Research hypothesis.............................................................................................................13
1.6 Problem statement...............................................................................................................14
1.7 Rationale of the study..........................................................................................................14
1.8 Structure of the study...........................................................................................................15
1.9 Chapter summary.................................................................................................................17
Chapter 2: Literature Review.........................................................................................................18
2.1 Key factors in establishing and sustaining an integrated resort...........................................19
2.1.1 Project theme................................................................................................................19
2.1.2 Project management principles.....................................................................................28
2.1.3 Phases of integrated resort development......................................................................33
Project Management of an Integrated Resort Research Paper 2022_3
3PROJECT MANAGEMENT OF AN INTEGRATED RESORT
2.2 Case examples achievement of IRs that have been established in SE Asia........................35
2.3 Value creation opportunities in establishing IR considering economic, social and
environmental............................................................................................................................39
2.4 Analyzing the positive impacts of IR development on the visitors and the local community
...................................................................................................................................................40
2.5 Suitable recommendations to improve opportunities..........................................................41
Chapter 3: Research Methodology................................................................................................42
3.1 Introduction..........................................................................................................................42
3.2 Agile Methodology..............................................................................................................43
3.3 PRINCE2 Methodology.......................................................................................................45
3.4 Data collection method........................................................................................................47
3.5 Population and sample.........................................................................................................49
3.6 Sampling technique.............................................................................................................49
3.7 Ethical considerations..........................................................................................................50
3.8 Research limitations.............................................................................................................50
3.9 Time Horizons.....................................................................................................................51
3.10 Summary............................................................................................................................53
Chapter 4: Data Analysis...............................................................................................................54
Project Management of an Integrated Resort Research Paper 2022_4
4PROJECT MANAGEMENT OF AN INTEGRATED RESORT
4.1 Introduction..........................................................................................................................54
4.2 Quantitative Data Analysis..................................................................................................54
4.3 Summary..............................................................................................................................86
Chapter 5: Results and Recommendations....................................................................................87
5.1 Results..................................................................................................................................87
5.2 Recommendations................................................................................................................91
Chapter 6: Conclusions..................................................................................................................93
6.1 Conclusion...........................................................................................................................93
6.2 Linking with the objectives.................................................................................................94
Chapter 7: Future scope for further research.................................................................................98
References......................................................................................................................................99
Appendix......................................................................................................................................108
1. Survey Questions.................................................................................................................108
Project Management of an Integrated Resort Research Paper 2022_5
5PROJECT MANAGEMENT OF AN INTEGRATED RESORT
Table of Figures
Figure 1.1: International arrival of visitor to Singapore................................................................12
Figure 2.1: Integrated resort..........................................................................................................18
Figure 2.2: PRINCE methodology................................................................................................24
Figure 2.3: Risk identification.......................................................................................................25
Figure 2.4: Change management process......................................................................................26
Figure 2.5: Project management principles...................................................................................32
Figure 2.6: Integrated resort in Singapore.....................................................................................36
Figure 2.7: Integrated resort in Nusa Dua, Bali.............................................................................37
Figure 3.1: Agile Methodology.....................................................................................................44
Figure 3.2: PRINCE2 methodology..............................................................................................46
Figure 4.1: Gender.........................................................................................................................55
Figure 4.2: Age..............................................................................................................................56
Figure 4.3: Educational Background.............................................................................................57
Figure 4.4: Duration of residence..................................................................................................58
Figure 4.5: Monthly Income..........................................................................................................60
Figure 4.6: Positive impact on visitors and local community due to development of Integrated
Resort.............................................................................................................................................61
Project Management of an Integrated Resort Research Paper 2022_6
6PROJECT MANAGEMENT OF AN INTEGRATED RESORT
Figure 4.7: Help to play a growth of the Singapore in the sector of tourism................................63
Figure 4.8: Sense of superiority of residents rising due to development of Integrated Resort......65
Figure 4.9: Negative social impact of gambling............................................................................67
Figure 4.10: Efficiency of Singapore’s government management improved................................69
Figure 4.11: Promotion of Integrated Resort to define Integrated Resort facilities to the local
people.............................................................................................................................................71
Figure 4.12: Helpful in strengthening the entertainment as well as leisure for enhancing the
reputation of Singapore..................................................................................................................73
Figure 4.13: Economic landscape in Singapore changing to adapt a competitive environment...75
Figure 4.14: Development of Integrated Resort in Singapore lead to energy savings..................77
Figure 4.15: Level of residential satisfaction towards community’s environment.......................79
Figure 5.1: International visitors arrivals, 2013-2017...................................................................89
Project Management of an Integrated Resort Research Paper 2022_7
7PROJECT MANAGEMENT OF AN INTEGRATED RESORT
Table of Tables
Table 4.1: Gender..........................................................................................................................55
Table 4.2: Age...............................................................................................................................56
Table 4.3: Educational Background..............................................................................................57
Table 4.4: Duration of residence...................................................................................................58
Table 4.5: Monthly Income...........................................................................................................60
Table 4.6: Positive impact on visitors and local community due to development of Integrated
Resort.............................................................................................................................................61
Table 4.7: Help to play a growth of the Singapore in the sector of tourism..................................63
Table 4.8: Sense of superiority of residents rising due to development of Integrated Resort.......65
Table 4.9: Negative social impact of gambling.............................................................................67
Table 4.10: Efficiency of Singapore’s government management improved.................................69
Table 4.11: Promotion of Integrated Resort to define Integrated Resort facilities to the local
people.............................................................................................................................................71
Table 4.12: Helpful in strengthening the entertainment as well as leisure for enhancing the
reputation of Singapore..................................................................................................................73
Table 4.13: Economic landscape in Singapore changing to adapt a competitive environment.....75
Table 4.14: Development of Integrated Resort in Singapore lead to energy savings....................77
Table 4.15: Level of residential satisfaction towards community’s environment.........................79
Project Management of an Integrated Resort Research Paper 2022_8

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