Project Information Report for Traffic Light Installation and Road Widening Project
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Added on  2023/06/03
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This report provides options, issues, and recommendations for the Traffic Light Installation and Road Widening Project. It also identifies probable risk factors and their mitigation strategies. The report includes a project overview, risk identification, and conclusion.
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Running head: PROJECT INFORMATION REPORT Project Information Report Traffic Light Installation and Road Widening Project Name of the student: Student ID: Name of the University: Author’s note:
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1PROJECT INFORMATION REPORT Table of Contents Introduction ..................................................................................................................................... 2 Project Overview ............................................................................................................................ 2 Options, Issues, and Recommendations for Road Widening Project ............................................. 3 Risk Identification ....................................................................................................................... 5 Conclusion ...................................................................................................................................... 9 Bibliography ................................................................................................................................. 11
2PROJECT INFORMATION REPORT Introduction The following assignment has been made for the construction project considering the development of the construction project environment and alignment of the successful integration and management of the activities (Kerzner 2018). The listing of the activities and managing the utilization would be improved for the functional development and forming. The information management for the construction projects had been implied with the improvement development. The effective information and listing of the successful management information development has been done for compiling the information. The alignment had been implied for making sure that the implied for listing the utilization development. The probable risk management had been implied for integrating the listing of the implied management. In this assignment, the identification of the probable risk factors would be helpful for listing the probable management development. The project of Traffic Light Installation and Road Widening Project is being considered with the successful management and development. The successful completion of the report would provide the possible risks and their mitigation strategies. The report would provide the options, issues, and recommendations for road widening project. The utilization of the improved functional management risk management using the quantification of the time schedule and cost has been done using the Black Spot estimation. Project Overview The construction project of Traffic Light Installation and Road Widening Project has been implied for aligning the development of the successful alignment management. The utilization would result in implying the successful formation and listing of the information management. The widening of the roads is a major construction project developed for informing
3PROJECT INFORMATION REPORT the alignment of successful execution of the projects. The integration of the construction works has been constructed for modifying the development site on the corner of a busy state road and a local road with lesser amount of traffic. Both the roads meet at a T junction. Options, Issues, and Recommendations for Road Widening Project The construction works of Traffic Light Installation and Road Widening Project would be done following the construction of the roads and widening for the installation of the traffic lights. The construction works had been helpful for ensuring the development of proper and effective work outputs. The following section would highlight the options, probable issues, and provide some recommendations for Traffic Light Installation and Road Widening Project, Options:The construction projects have the following options for development of the effective plan of operations including the implication of the project management operations. The options of project are highlighted below, Information Utilization for construction works-The allowance of the construction management has been successfully implied with the utilization of the probable factors and developmentoftheinformationmanagement.Theoptionsfortheprojectincludethe construction works and resource utilization. The integration of the construction works has been implied for modifying the development site on the corner of a busy state road and a local road with lesser amount of traffic. Appropriate Budget Development-The project manager has been provided with a budget of $400,000 for the completion of the project. The analysis of the construction projects had been defined with the utilization of the management process. The widening of the roads is a major
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4PROJECT INFORMATION REPORT construction project developed for informing the alignment of successful execution of the projects. Issues:The major issues of the project include the budget estimation errors, inappropriate work requirement identification, and safety issues. The probable issues would result in forming major operational issues in forming the construction of the project activities. The lack of the resources is a major factor that can impact the construction works and it would also result in forming major issues in making sure that the activities are completed successfully. Budget Estimation Errors-The project of traffic light development would be influence by the estimated budget and the probable miscalculation of the budget would result in limiting the works of the project. The budget has been developed for the works of traffic light installation excluding the cost of the road widening. Inappropriate Work Requirement Identification-It is required for making sure that the bus bay, local road, and state road has the right amount of turning for the vehicles. Apart from the traffic light installation and there is also a requirement for the widening of the road that would not be met in the current scenario. Safety Issues-The state road is often used by many people and there is also a school present in that road. Hence, it is important that the work progress might not affect the traffic and the safety of the people. The poor condition of the road shoulder is a major issue for the construction development. Recommendations:Somerecommendationsfortheprojectincludeuseofagile methodology, proper investigation of reports, accumulation of resources, and hiring of a contract expert.
5PROJECT INFORMATION REPORT AgileMethodology-Theagilemethodologywouldbehelpfulforensuringthe completion of the project activities and alignment of the successful project development. Appropriate information-The correct information would be helpful for enabling the construction planning and resource management. Timely Resource Accumulation-The resource accumulation would be supported by the formation of the successful inclusion of the factors for development. Road Widening:The widening of the road would be required for the project and inclusion of the activities would be done cohesively for developing proper and effective traffic light installation. The widening of the road would be done along with the development side for the ease of turning and moreover it would help in fixing the poor condition of the shoulder. The traffic light installation would be done and the widening of road along the development site would help in making sure that the poor condition of the shoulder would be dealt with apart from increasing the scope for developing right turn lane. Risk Identification The possible identification of the risk factors includes the development of successful project completion and the alignment of the improved operations (Heagney 2016). Since, it is a construction project, there are several works related to the manual activities. The possibility of risk factors would be in abundance including the risks of budget estimation errors,inappropriate work requirement identification, andsafety issues. The risk factors had resulted in forming the major system issues with the alignment of the successive and development factorial issues.
6PROJECT INFORMATION REPORT The quantification of the risk factors of budget estimation errors,inappropriate work requirement identification, andsafety issues have been done using the probability cost estimation for the contingency cost estimation. The steps included in the estimation are, Identification of the risk factors, Estimation of the cost estimates, Evaluation for determining the risk type (high, low, medium), Inputting the value of standard contingency, Calculating total contingency and strategic estimates Ite m DESCRIPTI ON ESTIMAT ED COST RISK STANDARD CONTINGEN CY TOTAL CONTINGEN CY STRATEG IC ESTIMAT E (Low, Mediu m, High) 1 Budget Estimation Errors ₹50,000.00Mediu m20%25%$62,500 2 Inappropriate Work Requirement Identification ₹40,000.00Mediu m20%25%$50,000 3Safety Issues₹60,000.00Mediu m20%25%$75,000 Strategic Issues in Construction
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7PROJECT INFORMATION REPORT The construction project had been developed using the project management method and estimation of the probable cost time estimation (Fleming and Koppelman 2016). The inclusion of the factors for the development of the project schedule would be based on the listing of the successful execution of the project plan development. The project plan had been developed with the information alignment and use of proper management methodology. The risk of climate conditions, human health and safety, lack of resources, machineries issue, and time delay are the factors that result in forming the major issues in constructing the management process (Harrison and Lock 2017). The quantification of the time schedule for the project is, ï‚·Identification of the activity schedule, ï‚·Estimation of the time estimates, ï‚·Evaluation for determining the risk type (high, low, medium), ï‚·Inputting the value of standard contingency, ï‚·Calculating total contingency and strategic estimates Ite m DESCRIPTIO N ESTIMATE D SCHEDULE RISKSTANDARD CONTINGENC Y TOTAL CONTINGENC Y STRATEGI C ESTIMATE (Low, Medium , High) 1Initiation Phase7.00Low20%20%8.40 1. 1 Analysis of requirements1.00Low20%20%1.20 1. 2 Charter Documents2.00Low20%20%2.40 1. 3 Project Initiation Documents 2.00Low20%20%2.40 1. 4 Submission of documents1.00Low20%20%1.20 1. 5Kick off0.00Low20%20%0.00 2 Planning Phase7.00Mediu m20%25%8.75
8PROJECT INFORMATION REPORT 2. 1 Activities are listed2.00Mediu m20%25%2.50 2. 2 Scheduling of project activities 3.00Mediu m20%25%3.75 2. 3 Review of Plan1.00Mediu m20%25%1.25 2. 4 Plan Approval0.00Mediu m20%25%0.00 3 Construction Works14.00High20%30%18.20 3. 1 Resource Accumulation3.00High20%30%3.90 3. 2 Development of Concrete Medium 2.00High20%30%2.60 3. 3 Management of right turn bay 2.00High20%30%2.60 3. 4 Traffic Management and design standardizatio n 3.00High20%30%3.90 3. 5 Widening of the road5.00High20%30%6.50 3. 6 Renovation of road ways4.00High20%30%5.20 3. 7 New Traffic Signal Development 4.00High20%30%5.20 3. 8 Landscaping Process2.00High20%30%2.60
9PROJECT INFORMATION REPORT 3. 9 Construction Work Completed 0.00High20%30%0.00 4Closure5.00Low20%20%6.00 4. 1 Final Documentatio n 2.00Low20%20%2.40 4. 2 Submission of documents1.00Low20%20%1.20 4. 3 Review of final documents 2.00Low20%20%2.40 Conclusion The assignment had covered the impact of the various risk factors and the probable inclusion of the project management factors. The information management for the construction projects had been implied with the improvement development.The project of Traffic Light Installation and Road Widening Project was being implied with the successful management and development. The probable risk management had been implied for integrating the listing of the implied management.The utilization and implying of the project integration management had been used for the successful formation and listing of the information management. The widening of the roads wasa major construction project developed for informing the alignment of successful execution of the projects.The project involved the options of information utilization for construction works and appropriate budget development. The identified factors of risk were budget estimation errors, inappropriate work requirement identification, and safety issues. Some recommendations for the project had also been listed in the report as use of agile methodology, proper investigation of reports, accumulation of resources, and hiring of a contract expert. The
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10PROJECT INFORMATION REPORT report had helped in realizing that the construction works had included the significant listing of information development.
11PROJECT INFORMATION REPORT Bibliography Binder, J., 2016.Global project management: communication, collaboration and management across borders. Routledge. Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute. Harrison,F.andLock,D.,2017.Advancedprojectmanagement:astructuredapproach. Routledge. Heagney, J., 2016.Fundamentals of project management. Amacom. Kerzner, H. and Kerzner, H.R., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Kerzner, H., 2018.Project management best practices: Achieving global excellence. John Wiley & Sons. Leach, L.P., 2014.Critical chain project management. Artech House. Lock, D., 2017.The essentials of project management. Routledge. Marchewka, J.T., 2014.Information technology project management. John Wiley & Sons. Mir, F.A. and Pinnington, A.H., 2014. Exploring the value of project management: linking projectmanagementperformanceandprojectsuccess.Internationaljournalofproject management,32(2), pp.202-217. Nicholas,J.M.andSteyn,H.,2017.Projectmanagementforengineering,businessand technology. Routledge.
12PROJECT INFORMATION REPORT Walker, A., 2015.Project management in construction. John Wiley & Sons.
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13PROJECT INFORMATION REPORT Appendix A: Black Spot Estimation 19-20 black-spot-19-20-esti mating for cost.xlsx black-spot-19-20-esti mating for schedule.xlsx