MBA Project Management: Risk Analysis for Highway Toll Booths

This MBA project focuses on a comprehensive risk analysis of seven toll booths implemented on the Bangalore-Chennai Highway, a 250 km stretch designed for high-speed travel. The project details include a thorough breakdown of the project budget, encompassing resource costs for human and material resources. It also provides a detailed project schedule, outlining the duration and stakeholder involvement for each phase. The project's scope encompasses surveying existing issues, analyzing the fare structure, and revising it, along with the recruitment and training of toll managers. Part B of the project further elaborates on major risk factors, utilizing a risk matrix to identify and analyze potential threats, including those related to toll locations, lack of training, traffic blockages, and political opposition. The project proposes mitigation strategies for each identified risk, aiming to optimize toll operations and revenue generation.

Running Head: MBA PROJECT MANAGEMENT
MBA Project Management
Name of the Student
Name of the University

1MBA PROJECT MANAGEMENT
Table of Contents
Part A...............................................................................................................................................2
1.1 Background of the Project.....................................................................................................2
1.2 Project Budget.......................................................................................................................2
1.3 Project Schedule....................................................................................................................6
1.4 Size and Scope of the Project..............................................................................................10
1.5 Project Rationale and Benefits.............................................................................................11
1.6 Expected Difficulties and Drawbacks.................................................................................11
1.7 List of Key Stakeholders.....................................................................................................11
Part B.............................................................................................................................................12
Part C.............................................................................................................................................24
Bibliography..................................................................................................................................27

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Part A
1.1 Background of the Project
This project is mainly based on the risk analysis of the seven toll booths that have been
implemented on the Bangalore-Chennai Highway. This is a 250 km long highway that aims to
allow cars and other vehicles to travel between the two cities at high speeds. However, in order
to recover the expenses faced during the construction phase, the government has implemented
seven toll booths on various points of route. While passing through these toll booths, the car
drivers have to pay a certain fair before getting green light to pass through.
1.2 Project Budget
In order to determine the project budget, the resource costs for human and material
resources are first determined as follows.
Resource Name Type Initials Max. Units Std. Rate
Project Manager Work P 100% $200.00/hr
Finance Manager Work F 100% $150.00/hr
HR Manager Work H 100% $150.00/hr
Construction Manager Work C 100% $75.00/hr
Workers Work W 100% $300.00/hr
Construction Materials Material C $150,000.00

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Training Costs Material T $10,000.00
Technical Support and
Equipments
Material T $20,000.00
Vendor Costs Material V $2,500.00
Accordingly, based on resource allocation to each of the project activity, the overall
budget breakdown using bottom up estimating is as follows.
Task Name Cost
Implementation of Toll Booths on Bangalore
Chennai Highway
$552,300.00 [TOTAL COST /
BUDGET]
Project Planning $10,600.00
Survey of the Entire Route $4,400.00
Analysis of the total construction costs of the route $600.00
Analysis of toll funding requirements on monthly
basis
$2,400.00
Risk Identification and Management $1,600.00
Approval of Project $1,600.00
Project Initiation $26,000.00
Assign Respective Roles to the Right Stakeholders $5,600.00

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Prepare Business Case for the Project $3,200.00
Develop Project Charter $1,600.00
Identify Scope of the Project $3,200.00
Estimate a Feasible Budget $1,200.00
Determine Assumptions and Constraints $1,600.00
Develop Project Schedule $3,200.00
Distribute duties and work packages among project
team members
$3,200.00
Get go ahead for the project $3,200.00
Project Execution $494,300.00
Assign Roles to Team Members $4,400.00
Mark Areas where the toll booths will be built $600.00
Secure budget from government $2,400.00
Start Developmet of Project $1,200.00
Hire Contractors $1,200.00
Build Toll Infrastructures $242,500.00

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Build Toll Booths $90,000.00
Build removable and automated roadblocks on toll
booth lanes
$36,000.00
Develop online collection calculation system $32,000.00
Recruit toll managers $12,000.00
Train toll managers $34,000.00
Prepare toll fare structure $6,000.00
Demo testing of toll operations $8,000.00
Mark lanes passing through toll booths $12,000.00
Divide lanes based on vehicle types (separate lanes
for trucks, buses and commercial cars)
$12,000.00
Project Closing $21,400.00
Project Review $5,600.00
Documentation of Project $5,400.00
Final Appraisal $4,800.00
Stakeholder Sign Off $4,000.00

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Official Closing $1,600.00
1.3 Project Schedule
An appropriate schedule for the project including the stakeholder involved in each of the
phases of the project is as follows.
Task Name Duration Start Finish Resource Names
Implementation of Toll
Booths on Bangalore
Chennai Highway
165 days Mon 5/7/18 Fri 12/21/18
Project Planning 7 days Mon 5/7/18 Tue 5/15/18
Survey of the Entire
Route
2 days Mon 5/7/18 Tue 5/8/18
Construction Manager,
Project Manager
Analysis of the total
construction costs of the
route
1 day Wed 5/9/18 Wed 5/9/18 Construction Manager
Analysis of toll
funding requirements on
monthly basis
2 days Thu 5/10/18 Fri 5/11/18 Finance Manager

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Risk Identification and
Management
1 day Mon 5/14/18 Mon 5/14/18 Project Manager
Approval of Project 1 day Tue 5/15/18 Tue 5/15/18 Project Manager
Project Initiation 15 days Wed 5/16/18 Tue 6/5/18
Assign Respective
Roles to the Right
Stakeholders
2 days Wed 5/16/18 Thu 5/17/18
Project Manager, HR
Manager
Prepare Business Case
for the Project
2 days Fri 5/18/18 Mon 5/21/18 Project Manager
Develop Project
Charter
1 day Tue 5/22/18 Tue 5/22/18 Project Manager
Identify Scope of the
Project
2 days Wed 5/23/18 Thu 5/24/18 Project Manager
Estimate a Feasible
Budget
1 day Fri 5/25/18 Fri 5/25/18 Finance Manager
Determine
Assumptions and
Constraints
1 day Mon 5/28/18 Mon 5/28/18 Project Manager
Develop Project 2 days Tue 5/29/18 Wed 5/30/18 Project Manager

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Schedule
Distribute duties and
work packages among
project team members
2 days Thu 5/31/18 Fri 6/1/18 Project Manager
Get go ahead for the
project
2 days Mon 6/4/18 Tue 6/5/18 Project Manager
Project Execution 133 days Wed 6/6/18 Fri 12/7/18
Assign Roles to Team
Members
2 days Wed 6/6/18 Thu 6/7/18
Project Manager,
Construction Manager
Mark Areas where the
toll booths will be built
1 day Fri 6/8/18 Fri 6/8/18 Construction Manager
Secure budget from
government
2 days Mon 6/11/18 Tue 6/12/18 Finance Manager
Start Developmet of
Project
2 days Wed 6/13/18 Thu 6/14/18 Construction Manager
Hire Contractors 1 day Fri 6/15/18 Fri 6/15/18 HR Manager
Build Toll
Infrastructures
30 days Mon 6/18/18 Fri 7/27/18 Construction Manager,
Construction
Materials[1],Vendor

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Costs[1],Workers
Build Toll Booths 30 days Mon 7/30/18 Fri 9/7/18
Construction Manager,
Workers
Build removable and
automated roadblocks on
toll booth lanes
15 days Mon 9/10/18 Fri 9/28/18 Workers
Develop online
collection calculation
system
5 days Mon 10/1/18 Fri 10/5/18
Technical Support and
Equipments[1],Workers
Recruit toll managers 10 days Mon 10/8/18 Fri 10/19/18 HR Manager
Train toll managers 15 days
Mon
10/22/18
Fri 11/9/18
Project Manager, Training
Costs[1]
Prepare toll fare
structure
5 days
Mon
11/12/18
Fri 11/16/18 Finance Manager
Demo testing of toll
operations
5 days
Mon
11/19/18
Fri 11/23/18 Project Manager
Mark lanes passing
through toll booths
5 days
Mon
11/26/18
Fri 11/30/18 Workers
Divide lanes based on 5 days Mon 12/3/18 Fri 12/7/18 Workers

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vehicle types (separate
lanes for trucks, buses and
commercial cars)
Project Closing 10 days
Mon
12/10/18
Fri 12/21/18
Project Review 2 days
Mon
12/10/18
Tue 12/11/18
HR Manager, Project
Manager
Documentation of
Project
3 days
Wed
12/12/18
Fri 12/14/18
HR Manager, Construction
Manager
Final Appraisal 3 days
Mon
12/17/18
Wed
12/19/18
Project Manager
Stakeholder Sign Off 1 day Thu 12/20/18 Thu 12/20/18
Finance Manager, HR
Manager, Project Manager
Official Closing 1 day Fri 12/21/18 Fri 12/21/18 Project Manager
1.4 Size and Scope of the Project
This is a large scale project that aims to survey the implemented toll booths on
Bangalore-Chennai Highway. The scope of the project includes the following.
 Survey of existing issues at the toll
 Analysis of the existing fare structure

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 Revising the fare structure
 Recruitment of new toll managers
 Training to the toll managers
1.5 Project Rationale and Benefits
The project aims to manage the risks associated with the tolls in the highways so as to
make the operations more efficient and earn sufficient revenue to cover for the construction costs
of the highway. For this process, more efficient toll managers are to be recruited and the fare
structure should be revised for making it feasible for all types of drivers.
1.6 Expected Difficulties and Drawbacks
Some expected difficulties and drawbacks are listed as follows.
 High toll fares
 Too many tolls on one highway
 Insufficient number of toll managers
 Inappropriate location of tolls
1.7 List of Key Stakeholders
The key stakeholders are identified as follows.
Stakeholder Duty
Project Manager Planning and management of project
Finance Manager Management of financial aspect of project
HR Manager Recruitment of human resources
Construction Manager Management of the construction processes