SWL's Roller Coaster Safety Project Analysis

The provided content is a detailed project report on the Sky Rock Roller Coaster Safety project, which aimed to rectify problems and ensure public safety. The project involved several activities such as replacing seats, testing systems, landscaping, certification by the Regulation Board, updating safety procedure documents, and relaunching the roller coaster. The project manager conducted thorough analysis, managed timelines effectively, and fulfilled requirements on time to prevent undue stoppage of work. Despite changes in the schedule due to workload pressure, extra days required for one task, and cost overruns caused by motor price appreciation, the project was completed successfully before the deadline. This experience helped me learn about MS Project and prepare for similar tasks in the future.

Section:-A
Answer: 1
a. Priority matrix
Time Scope Cost
Constrain Construction
footprint
- Construction time
frame
Enhance Outdoor lighting - raw material
Accept - -
b.
Conditions for using the bottom-up estimate are following:-
 Any organization which is using bottom-up estimate for measuring the project cost can
be inexperienced. In this estimate, less experience is required.
 The bottom-up approach is mostly suitable only for developing detailed project budgets,
schedules, and monthly forecasts.
 Using bottom-up approach by the management requires more time because it is
considered a time-consuming estimate.
 Bottom- up approach is based on the collective decision making and seeks to avoid the
pitfalls of change.
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Conditions for using top-down estimate:-
 This estimate is only suitable for those organizations which are experienced.
 For accurate estimation of the cost, following top-down approach requires that the
management of the organization should have knowledge of project pricing.
 For the top-down estimate, smaller-scale installation is considered the best environment.
 Top-down requires that management of an organization should have market knowledge
and clear insight into the details of a project.
For condition related to the requirement of experience. For SWL, the bottom-up estimate is
preferred because the management of the organization is inexperienced. The bottom-up estimate
is the case for RCS project because implementing the bottom-up approach requires less
experience from management. Hence, SWL shall use bottom-up estimate under the requirement
of required experience.
For condition related to developing detailed project budgets, schedules, and monthly forecasts.
Bottom –up approach estimate is preferred because RCS Project management prepare detailed
project budgets for which appropriate schedule and monthly forecasts is required, all this can be
done by using Bottom- up approach. This is the case for RCS project because management is
inexperienced and it needs to conduct forecasts and develop schedules. Hence, SWL shall use
Bottom-up estimate under the requirement of detailed project budgets and schedules.
For condition related to the requirement of more time. The bottom-up approach is preferred
because it gives an accurate estimate after spent more time. This is the case for RCS project
because it gives accurate estimates of the cost to management. Hence, SWL shall use bottom-up
estimate under the condition of the requirement of time.
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For condition related to collective decision making and avoid pitfalls of change. Bottom- up
approach is preferred because management is able to develop best decisions because of
involvement of a large number of peoples. This is the case for RCS project because it requires a
good decision for estimating the project cost. Hence, SWL shall use bottom-up estimate under
the requirement of decision making.
For condition related to experience. Top up estimate is preferred, when the management of RCS
is highly experienced. Top- up estimate require high experience from the management. The top-
up approach is not the case of RCS project because the management has no any experience.
Hence, SWL shall not use top-up estimate for estimating the cost of the requirement of
experience.
For condition related to the requirement of knowledge related to project pricing. Top- up
estimate is preferred when the management is fully experienced and has overall knowledge of
project pricing. The top-up estimate is not the case of RCS project because the management is
inexperienced and have not any knowledge about the project pricing. Hence, SWL shall not use
top-up estimate under the requirement of project pricing knowledge.
For condition related to the best environment. Top- up estimate is preferred because it provides
the best environment through smaller-scale installation. The top-up estimate is not the case for
RCS project because it needed no any smaller scale installation environment during its working.
Hence, SWL shall not use top- up estimate under the requirement of the environment.
For condition related to market knowledge. Top- up estimate is preferred when the organization
has higher knowledge of the market. The top-up estimate is not the case for RCS project because
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the organization is inexperienced and does not have any market knowledge. Hence, SWL shall
not use top-up estimate under the requirement of market knowledge.
Answer 2:-
a. Advantages of outsourcing the work to the Tron AG implementation team are following:-
 Expertise: - Most of the times the organization outsourced their tasks to vendors
who specialize in their field. Due to the appointment of Tron AG, RCS project
may utilize the expert services. This will enhance the success chance of the RCS
project. Quality of the project enables the SWL in creating a good image in the
eyes of the consumer.
 Reduced cost: - Hiring the expert services reduced the wastage of resources, due
to which it helps SWL in cost saving. This leads the development of the project in
a structured budgeted amount.
b. The best practices for managing Tron AG are following:-
 Well defined requirements and procedures: - SWL defined all the requirements
and procedures to the consultancy Tron AG, this will improve their work quality
without raising any confusion.
 Extensive training and team-building activities:- training should be imparted to
the employees of both the parties. This will help in removing barriers for
collaboration between the Tron AG and SWL.
 Build respect and trust: - SWL organization must be open, fair, and honest
throughout the project. By being open and trusting, both SWL and Tron AG foster
a good relationship. This reduced any unpleasant surprises, restrain from changes,
and disobey rules, which are common problems in outsourcing.
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 Establish common objectives: - Establishing the common objective for both the
parties, helps in doubling the efforts for achieving the predetermined objective.
Answer 3
a.
b. Before following the leveling operation, some of the activities of the project was over
pressurized. This pressure was facing due to the deadline of the project activities. But,
after leveling, the operation pressure over the activities of the project seems reduced.
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c. After performing resource leveling beyond the deadline affects the finishing date of the
project. After following the leveling option beyond the deadline the project which will be
finished on 22 Dec will be finished on 26 Dec. leveling beyond the deadline helps the
management in maintaining the quality of the project without pressurizing any activity.
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Answer 4
a. (ii)
(iii) Cost performance index is used to measure the efficiency of expenses spent on a project. It
measures the value of the completed work compared to the actual cost spent on the project. Cost
performance index specifies how much the organization is earning for each dollar spent on the
project. CPI can be calculated by dividing earned value by actual cost.
CPI = EV/AC
Task Name
Planned
Value - PV
(BCWS)
Earned
Value - EV
(BCWP)
CV CV
% CPI BAC EAC VAC
Roller
coaster
safety
project
$258,666.6
7
$265,000.0
0
($10,000.00
) -4% 0.9
6
$265,000.0
0
$275,000.0
0
($10,000.00
)
initial
meeting $0.00 $0.00 $0.00 0% 0 $0.00 $0.00 $0.00
Constructi
on by Tron
$20,000.00 $20,000.00 $2,000.00 10% 1.1 $20,000.00 $18,000.00 $2,000.00
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AG 1
Purchase
new motor $80,000.00 $80,000.00 ($4,000.00) -5% 0.9
5 $80,000.00 $84,000.00 ($4,000.00)
Purchase
new seats $30,000.00 $30,000.00 $0.00 0% 1 $30,000.00 $30,000.00 $0.00
Prepare
worksite $10,000.00 $10,000.00 ($4,000.00) -
40%
0.7
1 $10,000.00 $14,000.00 ($4,000.00)
Expand
electrical
power
capacity
$25,000.00 $25,000.00 $0.00 0% 1 $25,000.00 $25,000.00 $0.00
Reinforce
Sky Rock
structure
$50,000.00 $50,000.00 ($1,000.00) -2% 0.9
8 $50,000.00 $51,000.00 ($1,000.00)
Upgrade
motor $9,000.00 $9,000.00 ($1,000.00) -
11% 0.9 $9,000.00 $10,000.00 ($1,000.00)
Replace
Sky Rock
seats
$5,000.00 $5,000.00 $0.00 0% 1 $5,000.00 $5,000.00 $0.00
Test
system $10,000.00 $10,000.00 ($1,000.00) -
10%
0.9
1 $10,000.00 $11,000.00 ($1,000.00)
Landscapi
ng $12,000.00 $12,000.00 $0.00 0% 1 $12,000.00 $12,000.00 $0.00
Certificati
on by
Regulation
Board
$5,000.00 $5,000.00 $0.00 0% 1 $5,000.00 $5,000.00 $0.00
Update
safety
procedure
document
$1,333.33 $2,000.00 ($1,000.00) -
50%
0.6
7 $2,000.00 $3,000.00 ($1,000.00)
Press
release $1,333.33 $2,000.00 $0.00 0% 1 $2,000.00 $2,000.00 $0.00
Relaunch
Sky Rock
roller
$0.00 $5,000.00 $0.00 0% 1 $5,000.00 $5,000.00 $0.00
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coaster
b. The following actions should be followed by the project manager for preventing all the
issues raises in question 4(a):-
 Project analysis should be conducted in a significant manner. The project manager should
not perform partial analysis, but he should conduct an analysis of all the activities
involved in the project.
 The timeline should be suitable as per the length of the project.
 The requirement of the project should be fulfilled timely for preventing undue stoppage
of work.
Section: - B
Answer: - 1
The Sky Rock Roller Coaster was implemented seven years ago by Wagon Pty, which is
completely defunct now. It is considered one of the main attraction point of the public. The main
objective of the SWL behind reinforcement of the Rock Roller Coaster was to rectify the
problems as per the safety requirement of the SRB’s. It is imperative for SWL to solve the
problem completely to ensure the public that is safe for enjoyment. This project is called the
Roller Coaster Safety project. The priorities of the Project were to start the project from 1
September and should finish before the deadline for the roller coaster which was prescribed by
SRB’s. This will help SWL to maintain its reputation in the eyes of the public. The organization
was successful in met their objectives. The project completed on before the deadline of the
project. This will enhance the little cost of the project but management able to maintain its image
in the market.
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Answer: - 2
Yes, there were changes in the schedule of the project. The project which should be finished on
22 December finished on 28 December. The contributing events behind the schedule changes
are:-
 Work burden: - In this project, due to the deadline of the project, project members feels
more pressurize. Pressure can be the reason due to which the quality of the project will be
reduced. But the management of the project didn't want to compromise on the quality of
the project. Labelling was done by the management to minimize the burden of the
employees. Due to this, project deadline was crossed, and schedule of the whole project
changes.
 Extra days: - One task (upgrade motor) of the project consume more days then the days
prescribed by the management for the task. Due to this, schedule of all the project works
which should be performed after completing that task was changed. Through this, the
schedule of the project also changes.
Answer: - 3
Yes, the cost of the project was overrun than the prescribed level of the budget by the
management. Contributors for the cost overrun was following:-
 Motor cost: - Due to the appreciation of the Japanese Yen, the cost of the motor was
increased by 4000$.
 Entrance to the worksite: - The entrance to the work site was found by the management
of the project too small. Then, the management has made 4000$ for enlargement of this
activity.
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 Upgrade of motor: - Upgrade motor activity consumes the extra days then the days fixed
by the management. This will incur the extra cost of the management because the
management has to pay extra 1000$ to the subcontractor for performing work in non-
performing days.
Answer: - 4
Working on this project helps me in learning lots things about the MS Project and also prepare
myself for doing such type of task in near future. This will enhance my knowledge and skills,
due to which I can perform every task successfully with the help of MS Project. The following
suggestions I will recommend to the organization for conducting this project successfully:-
 Strong manpower: - For handling all the tasks within specified time limit, the
organization should hire those peoples who are specialized in the related fields. This will
help the organization in reducing the wastage of both time and money.
 Contingency funding: - Contingency reserve should be there in an organization. for
implementing the contingency plan contingency funds are required by the organization.
This will helps the management in cover unidentified risks involved in the project.
 Proper planning: - Project manager should do proper planning for the every activity of the
project. This will be aware the management about the days involved in completed the
project work and also aware about the quality of the project.
 Risk response control:- A organization should have a proper risk control system. The
result of the risk identification, their assessments and response steps should be recorded
in a register which is known as a risk register. This helps in meeting all the uncertainties
of future.
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 Effective distribution of Activities: - Project manager of the Project should distribute the
activities to the employees in an effective manner. This will help in balancing all the
functions and can avoid any other extra cost.
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