Project Management for Transport for London: Project Brief
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This report covers the project management methodologies, network diagram, stakeholder analysis, risk analysis, and work break down structure for Transport for London's project of building 800 new homes along Bollo Lane.
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Project Management Transport for London Project
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INTRODUCTION The project management is an activity of delivering of functions that requires to be done and mange business functions. It include use of the specific knowledge, tools, techniques and skills for different purpose and develop the organizational productivity.Practice of the project management include the use of software in order to improve the business process, reliefs efforts, construction of buildings and many more(Cheraghi. and et. al., 2022).For every organization, it is essential to understand the project by analyzing the environment and make efforts in order to bring some innovative that is helpful to improve the business activities. In this report, the project taken is Transport for London where the project is related to the development of some land along the Bollo Lane for creating around 800 new homes in actions. This report will include the initiation, developing network diagram, WBS, stakeholder analysis and risk analysis that aid to enhance the productivity. Methodologies This project isrelatedto build around 800 homes in action by the TFL that is helpful for developing the organisational practices and performance.TheProject plan is a process of the documenting andaggregationof the activities which are used by several people with heintention to accomplish theirenterpriseobjectives. Main motive of this project ismainlyto build the homes with good structure and also organise the events successfully that help the company to improve their brand image. Variousmethodologyareaffiliatedwiththeprojectmanagementwheretheseare succeedingthrough a software that help in the development of organisational productivity. In context of theselectedproject, the TFL ischosenin order toutilisevarious methodology which are mentioned below: SCRUM- This methodology is used to develop the software and also deliver value to the customer while doing a project. This methodology is used for working collectively after building a group and or team and manage their work(Dalcher, ed., 2022).Its is based on mainly three principals including inspection, adaption and transparency that support to complete a project successfully. At the stage of transparency, TFL visualise the inputs, output and steps of the development process. Inspection is used to receive feedbacks on particular products and at last,
adaption is used in order to bring the changes related to the process of a project. It help in developing a business case and also maintain higher performance. Waterfall-This methodology is sued by individual in their projects which are related to the manufacturing, construction and engineering that provide advantages of the project completion. Stages of the waterfall methodology include the requirement, design implementation, verification andmaintenance(Pereira and et. al., 2022).The TFL uses the requirement stages for analysing the product requirement document during constructing homes, then software architecture is used for designing projects and implement accordingly that help to mange all functions. In the stage of verification, all stages, raw material and product while the constructing home should be check in a proper manner so that it can manage all functions. At last, ending stages is maintenance which is used to maintain every project and the activities in effective manner. It may help in the development of organisational profitability and productivity by following all stages and software. Network diagram Thefigureisplannedby usingacomputing machineand software in the form of a graphicalcreationis known as the network diagram. It is essential forpersonwho handle project is to decide the project and then prepare a networkmapby managing the networkcredentials. In givencase, networkmapisplannedby the project management by taken into all thephaseand actionof the project which areaffiliatedto the constructing home and celebrating the events. A mapfor thepresentproject isdiscussedbelow:
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Form of the network diagram is being prepared by the following this; Early StartActivity NumberEarly finish Slack timeACTIVITY NAME Late StartDurationLate Finish
Inthecritical path it isdeterminedthat whenwork onthe project, followinghuman activityare which arementionedin the brief that would take some time in project completion. According to the analysis, highest time takenactionsissupposedasabove1 week. Based on this, highest possible time consuming activities are 1, 2, 4, 5, 9, 10, 21 and 22 that consumemuch periodfor completing thetask. Thus, the project will take 116 days for its completion. Stakeholder analysis The Stakeholder Analysis described as that technique which isused by the employerto get know about stakeholder and giving preference for completing the project(Rudra Kumar, Pathak and Gunjan, 2022).It isan activityof gathering and analysing the quantitative data when doing a project that can help in the development of organizational performance. In the beginning of any organizationaltaskit is crucial to conduct theexaminationthat states which shareholder holds the highlevel ofpower and interest. In context of the TFL project, stakeholder analysis is mentioned below:
High powerandhigh interest-In this, shareholders hold a highlevelpower with high interest so thatpolicycan be followedconsequentlyby explaining the projects. In context of theactualproject, government and Town Hal committee areclassifiedin this matrix as they formulate the rules and regulation for thistask. High power and low interest- In context of the current project,theparticipants are considered as having a high power and low interest to run this project. They have power to make changes in their project plans(Sharifian and et. al., 2022). Low power high interest- It include the individual who have a low power and low interest. In relation tot he current project, its investors are consider in thisgroupwho make decision and get other information. Low power low interest–In this project, customers and employees are come in thisclass as theyperformto getearningsand meet their requirement. If firm is not able tofinish their project then, theaudiencewill switch to other brand. Work break down structure People uses this farm work when they have multiple activities to do as it help to divide such activities into the smaller area. Project manager of the TFL has prepared a WBS bydefining their given task
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Risk Analysis No.RiskEffectPossibilityMitigation 1Power'snon achievement Lower-levelTop-levelRisk is inimitable byutilisingagreat qualityofrawmaterialand machines. 2weather’s changes Top -levelMediumBycomputingtheweather antecedentandoriginateplans will aidto bring down risk. 3Securityand safety Lower -levelMediumFollowupdataprotection,and employee safety regulation to reduce the risk. 4Lesshuman resource Top -levelTop -levelChooseexcellenthumanresource andthemanageworkeffectively risk can be controlled. 5Updatesin technology Lower -levelMediumTheorganisationalmanagement should make research to introduce innovative technology that help to complete the given project or task.. 6Badcateringon the site Top -levelLower -levelHiretalented,loyalandskilled workers in the catering will aid to bring down the risk. 7Bad coordinationHigh-levelLower -levelusethemarketingchannelsand coordinatetheteaminorderto complete a project successfully.
8Lackofthe space Low-levelTop -levelAsuitablearrangementofall resources and the capital will aid to minimize risk(Verstraete and et. al., 2022). 9Society's issuesTop -levelLower -levelUnderstand the problem of a society and provide them a right solution. 10Self-esteemTop -levelLower -levelProvide an effective and good work environment and listen employee's view to make decision. 11Lackofthe parking space Lower -levelLower -levelFacilitate a right parking place so that it help to overcome form an issue or problem.. 12Lossofthe finance Lower -levelLower -levelAllocate the fund by deciding an accurate budget. 13Project conflictsTop -levelLower -levelMinimizeconflictsbygetting instruction from the superior. 14Lowlevelof morale MediumLower -levelUnderstand theworker'sissues and providing them advantages helps to increase morale. 15Influence of the government Lower -levelLower -levelByfollowingtheauthorities regulationsto solve problems and issues 16Inadequacyof the resources Top -levelMediumTogatherinformationandthe resources from a range of places 17TheEmployee's safety Top -levelLower -levelin order to overcome from any risk try to maintain equality among all employees. 18Act of the GodLower -levelTop -level- 19Ineffectivetime management Lower -levelTop -levelimplementthe activitiesaccording the prepared schedule
20TheMarket uncertainties Top -levelLower -levelmanage the functions and examine the market Task 6 CONCLUSION From the abovewritten reportit is find out that the project management is concerned towards theplanning, controlling, organising and directingthe practises by examined risks. In order toaccomplisha project, peoplerequireto use the WBS that help them to split abigger function intolittlertask. Itaidthe perform theorganisational practiceseffectively and efficiently.
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REFERENCES Books and Journals Cheraghi, E. and et. al., 2022. A multiproject scheduling and resource management model in projects construction.Engineering, Construction and Architectural Management. Dalcher, D. ed., 2022.Rethinking Project Management for a Dynamic and Digital World. Routledge. Pereira, L.F. and et. al., 2022. Knowledge management for project management: a model proposal based on a learning system.International Journal of Knowledge Management Studies, p.1. Rudra Kumar, M., Pathak, R. and Gunjan, V.K., 2022. Machine Learning-Based Project Resource Allocation Fitment Analysis System (ML-PRAFS). InComputational Intelligence in Machine Learning(pp. 1-14). Springer, Singapore. Sharifian, A. and et. al., 2022. Insights into thermal characteristics of spiral carbon-based nanomaterials:Fromheattransportmechanismstotunablethermaldiode behavior.International Journal of Heat and Mass Transfer,189, p.122719. Verstraete, M. and et. al.,2022. Unraveling heat transport and dissipation in suspended MoSe 2 crystals from bulk to monolayer.Bulletin of the American Physical Society. Winch, G.M. and Sergeeva, N., 2022. Temporal structuring in project organizing: A narrative perspective.International journal of project management,40(1), pp.40-51.