Business Development Report: Northstone Ltd. Flyover Project Analysis

This report provides a comprehensive overview of a flyover construction project undertaken by Northstone Ltd. in the UK. It delves into the essential aspects of project management, including business drivers such as resource procurement and project planning, and the project objectives, which aim to reduce travel time. The report outlines expected benefits, estimated costs, and assumptions made during the project. It includes detailed communication plans, work breakdown structures, and a network diagram. Furthermore, it presents a risk register to identify and mitigate potential challenges. References to relevant project management literature are also provided. This report serves as a practical example of project management principles applied to a real-world construction scenario, demonstrating the importance of planning, risk assessment, and communication for successful project execution.

Project
management

Table of Content
• Introduction
• Business Drivers
• Project Objectives
• Expected Benefits
• Estimated Cost
• Assumptions and Constraints
• Communication plans
• Work based divisions
• Network diagram
• Risk register
• Conclusion
• Refernces

Introduction
Project management facilitate in taking necessary steps for
managing the project which includes initiation, planning of the
resources required their implementation and monitoring etc. In this
presentation the project of constructing a flyover is taken into
consideration by a UK based constructing company Northstone Ltd.
For managing the project they need to provide the overview o the
project and the business plan etc.

Business Drivers
The business drivers are key activities and inputs and for
undertaking this project various activities includes procurement
of resources, planning of the structure of the bridge, setting the
time limit for completing the project on time. Various resources
to be used in the construction include the building material,
funds that to be procured, labour for constructing the project.

Project Objectives
The objective of undertaking this project is to reduce the time of
travelling as the flyover will connect two roads as there is
railway crossing which takes time to travel from one side to
other. With this flyover the waiting time will be reduced. .

Expected Benefits
The estimated benefits of undertaking this project is around 40%
of the amount to be taken from the government as the company
has contract with the labour contractor who will provide them the
labour on agreed rated. Similarly they can gather material from
the agreed suppliers which will reduce the chances of impact of
increased prices.

Estimated Cost
Estimated cost of undertaking the project is given below:
Particulars Amount (£)
Estimated cost of material 58000
Estimated cost of labour 65000
Estimated indirect cost such as travelling,
electricity, development of the software etc.
25000
Estimated cost of purchasing safety
equipments and taking license
5000

Assumptions and Constraints
For undertaking the project various assumptions are to be
taken by the project managers. The assumptions that are
related with the project include that in the near future their
will not be any change in the prices of the material and the
labour rates will also be constant.

Communication Plans
• The communication is very much necessary
for undertaking any project. The company has
to specify the flow of communication for
which the people can communicate among
themselves. Communication would help in
bringing the transparency among the activities
if employees which would benefit the both the
organization and the employees (Kerzner,
2017).

Work Breakdown Structure
• Work break down structure is a structure in which
the activities which needs to be included into the
project gets breakdown into small activities and
that to into the sequence in which they needs to get
executed. The break down of activities has helped
the project in making it simpler and much clear.

Activity list and network diagram
• Activity list is the list which is prepared by the
project in charge stating the activities which
would be including into the completion of the
project. Activities includes the minor to major task
or work which help in contributing into the
completion of the project. Whereas network dialog
refers to the diagram in which the activities are
presented into diagram along with the sequence in
which they need to get performed.

Risk register
• Risk register is the table which tells the project
holder about the risk which is being associated
with the project. There are many risks which
can get included some of them includes,
financial risks, resources risks, man power
risks and the so on (Burke, 2013).

Conclusion
• From the presentation presented above, the
proper planning which needs to be taken under
account before starting up a project has been
presented. These may include risk register,
communication plans, network diagrams,
work divisions and the so on.

REFERENCES
Nicholas, J.M. and Steyn, H., 2017. Project management for
engineering, business and technology. Taylor & Francis.
Gino, F., 2018. The business case for curiosity.
Liu, J., Zhang, N., Kang, C., Kirschen, D. and Xia, Q., 2017.
Cloud energy storage for residential and small commercial
consumers: A business case study. Applied energy, 188,
pp.226-236.
Burke, R., 2013. Project management: planning and control
techniques. New Jersey, USA, 26.
Kerzner, H., 2017. Project management: a systems approach
to planning, scheduling, and controlling. John Wiley &
Sons.