Strategic Management Accounting

This assessment discusses the Sydney light rail project and its impact on communication and transportation in Sydney. Key strategies and value chain analysis are explored.

Running head: STRATEGIC MANAGEMENT ACCOUNTING
Strategic Management Accounting
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Executive Summary
Sydney light rail is a project which is a valuable project to increase the communication and
improve the mode of transportation. And further in the end it is proved that this project
improves the economy of Sydney.

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Table of Contents
1. Introduction:........................................................................................................................3
2. Discussion:..........................................................................................................................3
2.1 Sydney Light Rail (SLR) Strategic Policies.....................................................................3
2.2 Two Key strategy aspects of SLR....................................................................................4
2.3 Value Chain Analysis of Sydney Airport Project............................................................4
3. Conclusion..........................................................................................................................5

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1. Introduction:
This assessments deal with the Sydney light rail project and further expansion related
to this project and in order to improve the communication and the transportation system of
the city where key strategies are identified in details.
2. Discussion:
2.1 Sydney Light Rail (SLR) Strategic Policies
Sydney light rail is a project which is really going to help the entire population of
Sydney to cope up with the busy world. It is playing an important role in the transportation of
the people of Sydney in the future (Sydney light rail 2014). It is the NSW Governments plan
to transform the city into much developed economy and fast transportation system. Trams
with help the people of Sydney to travel fast which will automatically reduce the carbon
emission. This will connect the cities central business district (CBD) with the suburban
districts of Randwick and Kingsford (Sydneylightrail.transport.nsw.gov.au. 2019). The CBD
and South East Light Rail is a new light rail project which is under construction now. The
strategy involves evolution of fast communication and detailed engagement process. The
light rail project is a major transportation solution for Sydney, which will help people to
connect with the jobs, daily services and many more activities from home. The Sydney City
Centre Access Strategy (SCCAS) which will further help all the people around the Sydney to
easily avail the various modes of transport.

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2.2 Two Key strategy aspects of SLR
It is important to identify the key stakeholders who are interested in this project that is
the parties who are interested. It is also important to provide the stakeholders and the
community to take major participation in the project. This will help the project to be
successful in the future with the help of the stakeholders and the community associated with
the project (Wheelen et al 2017). A range of effective communications and the major
engagement tools are needed for preparing the project and make it successful. This light rail
project of Sydney will provide the better transportation of service to the entire community.
This projects includes some of the major parameters which are nine new light rail stops, new
light rail vehicles, installations of power generations, access of new routes and alternative
routes and further expansion and improvisation of the existing light rail.
2.3 Value Chain Analysis of Sydney Airport Project
Value chain analysis is a process where a particular firm analyses the elements or
values which is needed to be added in the final product (Gereffi, and Fernandez-Stark 2016).
This means that the acitivites, which is related to the internal factors, are worked out in order
to transform the input to output. The approach of this analysis segment is based on the
economic sector and type of occupation.

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3. Conclusion
Thus it can be concluded that the key strategies are discussed in the above report and the
project involved in this case is a successful project in the future. This project will improve the
communication and transportation of the people of Sydney.

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References
Gereffi, G. and Fernandez-Stark, K., 2016. Global value chain analysis: a primer.
Sydney light rail (2014). Sydney Light Rail. 1st ed. [ebook] Sydney: Sydney Light Rail,
pp.10-30.
Sydneylightrail.transport.nsw.gov.au. (2019). Home | Sydney Light Rail. [online] Available
at: https://sydneylightrail.transport.nsw.gov.au/ [Accessed 13 Feb. 2019].
Wheelen, T.L., Hunger, J.D., Hoffman, A.N. and Bamford, C.E., 2017. Strategic
management and business policy. pearson.