Project Management Report: Marriott Construction Project Analysis

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Added on  2023/01/07

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This project management report analyzes a construction project for Marriott Construction Ltd, focusing on a new site in Scotland. The report begins with an introduction and business case, identifying the problem of declining market share and the benefits of the new project. It includes a stakeholder analysis, identifying key stakeholders like staff, managers, and suppliers, and their interests. The report outlines SMART objectives, a work breakdown structure, and an activity list. It then delves into activity sequencing, creating a Gantt chart and identifying the critical path. Budget modeling, including cost-benefit analysis, budget analysis, and cash flow, is also discussed. Finally, the report addresses potential project execution challenges and concludes with a summary of the project's key elements and findings.
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Project management
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Table of Contents
1. INTRODUCTION ......................................................................................................................3
Business case .........................................................................................................................3
Business problem...............................................................................................................3
Benefits..............................................................................................................................3
Stakeholders analysis.........................................................................................................4
2. SMART objectives ......................................................................................................................9
Goals.......................................................................................................................................9
Objectives...............................................................................................................................9
3. Work breakdown structure...........................................................................................................9
Work Break down structure....................................................................................................9
Activity list...........................................................................................................................10
Risk register..........................................................................................................................10
4. Activity sequencing ..................................................................................................................13
Gantt chart............................................................................................................................13
Critical path..........................................................................................................................15
..............................................................................................................................................15
5. Budget modelling.......................................................................................................................15
Cost benefits analysis...........................................................................................................15
Budget analysis.....................................................................................................................15
Cash flow..............................................................................................................................16
6. Project execution challenges......................................................................................................17
CONCLUSION..............................................................................................................................17
REFERENCES .............................................................................................................................18
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1. INTRODUCTION
Project management is defined as accumulation of numerous practices which are related
to planning, controlling and performance of specific project in order to achieve goals in
appropriate manner. Execution of a project is totally dependent on project closing and
performance of various activities in which aim of the project is aligned so that to completion of
proposed project within ample time frame (Meredith and et. al., 2017). The prior objective of any
project is to accomplish high efficacy so that risk can be minimised and controlled as well in
order to handle prominent complexities as well. The following report is based on Marriott
Construction Ltd. The company is involved in providing friendly and high quality professional
building services. Marriott Construction Ltd is headquartered in London, UK. This report is
covering risk register by which elaboration of risks which are to be faced by the company in their
construction program is being enumerated. Along with this the report is explaining regarding
different stakeholders and their analysis so as to calculate interest of different stakeholders.
Business case
Business problem
The major problem which is faced by Marriott Construction Ltd is loosing of market
share and in order to deal with this problem company is coming up with a new construction site
in Scotland. On the other hand due to recession in market the company is facing problem in
maintaining their market image and this is the major reason that they are planning to initiate a
new site construction project.
Benefits
The major benefit of the this construction site is that the company will be able to attain
high customer base along with intensifying market size as well. Similar this new construction
project is helping the company in enhancing their market prominence which is advantageous for
Marriott Construction Ltd in order to sustain for long run
Project management plan
A project management plan is defined as a document which is formal in nature and
contains path way of the project in which various aspects are included. This plan is combination
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of various factors such as budget, time and deliverables by these aspects high control can be
exhibited in the project through out its execution. Project management plan is an action plan in
which overall journey of the project is enrolled by which pace can be given to the project. For a
construction project which is taking place in this report so as to execute the same in proficient
manner project management plan is highly useful for Marriott Construction Ltd. By taking help
of management plan in construction project high efficacy can be attained which is helpful in
minimising complexities in the business and project as well. A construction contract is related
with managing quality through out the project which leads in attaining business benefits for
Marriott Construction Ltd. There are various aspects of management plan which is elaborated as
under:
Stakeholders analysis
Stakeholders are defined as personnel who are having high interest in projects and
pertained with high impact with the project. These persons help the project to get succeeded by
which success can be attained. For a construction project their major stakeholders are suppliers,
resources, manager and government by which project activities can be carried out in effective
way. Stakeholder analysis is known as the process by which activities for stakeholders can be
managed and by which high efficacy can be attained within construction project. Stakeholder
analysis helps the project in designing various activities as according to their prominence. This
analysis helps the project to execute all the activities in easy manner. For determining interest of
each stakeholder this is necessary to examine their level of interest within project so that
construction contract can attain high success and quality as well (Kerzner, 2017). Marriott
Construction Ltd is a renowned organisation which are engaged constructing professional
buildings which are high in quality and standards. The company is keeping various stakeholders
such as staff, directors, suppliers, government and many more. The interest and relationship are
elaborated as under:
Stake holder's name Reason stating their
Interest
Whether they are in or
against Against
What is done to
manage them
Staff Staffs are having
high interest in the
project as these are
This project is providing
positive implications to
the staff by which they
The whole workforce
of Marriott
Construction Ltd is
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highly responsible
for completing the
project with high
quality and on
appropriate timing.
In order to manage
the brand, staff are
having high
implications as
Marriott
Construction Ltd is
making high efforts
to manage their staffs
so that to get their
high assistance over
the project. Staff are
highly required in
Marriott
Construction Ltd as
their actions are
reflection for market
image for the
company and in
construction project
with the help of staffs
information can be
gathered by Marriott
Construction Ltd in
order to initiate
construction project
and to attain success.
can learn new
capabilities and explore
future career
opportunities. On the
other hand staff of
Marriott Construction
Ltd is getting high
assistance from this
project in order to
enlighten their career to
the brighter side
(Andersen, 2016)
obtained with major
benefits of career
establishment.
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Managers Managers of Marriott
Construction Ltd is
having high interest
from this project as
these persons are
providing new ideas
in the business which
leads them to attain
high success and
quality in upcoming
construction project.
Manager of Marriott
Construction Ltd are
inclined towards success
of construction project
as with the help of
innovative ideas new
competencies can be
explored by the
company and this helps
the project to stay on its
path and attain success
as well.
Manager of Marriott
Construction Ltd are
giving their high
interest to the
construction project as
by appropriate
execution of the
activities so that to
execute the project in
appropriate time in
order to attain high
success.
Owner The owner of
Marriott
Construction Ltd is
making high efforts
to make success and
for this they are
making high efforts
towards making
systematic processes
by which customer
services and
customer catering
can be enhanced and
tackled in better way
(Meng and Boyd,
2017).
Owner of Marriott
Construction Ltd is
making high efforts for
initiating construction
project.
For achieving high
success in
construction
contract in the
company their owner
of Marriott
Construction Ltd is
making a booklet in
which information
regarding the project
can be conveyed in
better way.
Suppliers Suppliers are known
as the parties who are
Suppliers of Marriott
Construction Ltd are
In order to manage
suppliers quality of
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providing raw
material to Marriott
Construction Ltd. For
a construction project
suppliers are key
associated party for
the project in which
success can be
inhaled in better
manner.
working for construction
contract in which their
quality can be managed
so as to achieve success
in the project.
their raw material is
required to be
maintained so that
overall performance
of the construction
project can be
maintained. For
Marriott Construction
Ltd their major
purpose is to attain
success in which they
are making high
efforts on managing
quality so that efficacy
of the project can be
maintained.
Contractors High amount of
interest is hold by
contracts as
contractors are the
person who are
having control to
manage construction
sites and in lieu of
commission and
brokerage contractors
are executing their
activities as well.
Contractors are the
persons who are helping
construction contract to
execute the same.
Function of contractors
are executed in such a
way that high efficacy
can be maintained.
(Vanhoucke, Coelho and
Batselier, 2016).
By providing high
opportunities to the
contractor of Marriott
Construction Ltd
services of the
company is providing
high opportunities to
company for
enhancing their
services so that to
place services of the
company in better
manner.
Government By gathering high In construction contract By collection of such
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profits Marriott
Construction Ltd is
paying high taxes
and this is the reason
that this is creating
high source of
income for
government.
high implications are
drawn by government
and by success of this
construction contract
government is earning
high revenues as taxes.
information which are
related to the project
assistance can be
received by Marriott
Construction Ltd in
order to lead future
project in appropriate
manner. On the other
hand as Marriott
Construction Ltd is
paying taxes on time
so this is helping the
company to lead
market.
Resource Managers For the major
purpose to attain high
efficiency Marriott
Construction Ltd is
required to use their
resources in
appropriate manner
so that prominent
quality can be
achieved within
projects and market
image can be
enhanced. On the
other hand with the
help of utilising
resources high
quality can be
Resource manager is the
person who are
maintaining high quality
in construction project
by which overall project
can be controlled in
proper manner (Gomes
and Romão, 2016)
In order to maintain
quality this is highly
required that healthy
relationships are to be
kept so that skills can
be encouraged in
prominent manner.
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achieved within
projects which is
helpful for the
company in getting
more projects in
future.
Communication plan
This is essential that proper communication plan is to made by Marriott Construction Ltd
so that to check out effectiveness of the project. Communication in this context is elaborated as
under:
Stakeholder Name Engagement Channel Frequency
Proprietor of the project Managing Cautiously One to one interaction
through personal
messages and emails.
Very often
Investors, sponsors of project
employees associated with
the project.
Managing project
activities
Important emails Fortnightly
Suppliers for the project Keep Learned Memos Once in a while
Project manager Screen News sheets Regularly
2. SMART objectives
Goals
Marriott Construction Ltd is having major goal to attain market prominence and market
image as due to slump in marketplace so many complexities has arisen which has created dodges
for the company. On the other hand market recession is leading Marriott Construction Ltd to
loose their market which is another goal for the company to regain the same.
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Objectives
ï‚· Marriott Construction Ltd is planning to down their cost by 5% so that to attract more
customers and enhance customer base as well.
ï‚· Marriott Construction Ltd is trying to enhance their overall efficacy by 8% so that to
upkeep their manufacturing processes and stay adhered to market trends.
3. Work breakdown structure
Time scale
This is known as calculating time period so as to decide time management of the project
in which time can be given to various activities in order to complete the same within time. For
Marriott Construction Ltd their major objective is to avoid ant delay and complexities so this
aspect is highly essential for them. For project initiation 22 days were taken. Similarly for
planning process 40 days were taken and for first stage of project execution 60 days were taken
and at last execution second stage 25 days were taken. The last process is taking 10 days and
controlling process is taken 32 for completion (Badiru and Osisanya, 2016).
Work Break down structure
This is known as the structure by which overall project can be divided into number of tiny parts
in order to execute the same in most effective manner.
Activity list
ï‚· Initiation: This is the stage under which construction project is initiated by Marriott
Construction Ltd. This is a primary step in which this project is started by the company in
order to attain their objectives.
ï‚· Planning: This is a crucial stage under which proper plans are made by project manger
and this plan is known as road map in which the whole project is required to be
completed.
ï‚· Execution stage I: Project manager of Marriott Construction Ltd has divided whole
activities in two execution stage so as to maintain proper record and track activities in
proper manner. This stage is related with execution of the project in phase one.
ï‚· Execution stage II: This stage is related with execution of phase two in which last parts
of the project is going to be completed by whole team.
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ï‚· Controlling: Under this stage the project is managed in order to attain high efficacy. On
the other hand this stage is helpful in maintaining management over processes and
adherence to practical implementation.
Risk register
This is considered as the tool by which assistance can be received by management of
Marriott Construction Ltd for managing coming risk and measures to control the same. Marriott
Construction Ltd is using risk register in order to assess their pertained risk by which the same
can be minimised. Risk register for Marriott Construction Ltd is elaborated as under:
Risk Risk Level(L/M/H) Likelihood of events Mitigation strategy
Financial risk: A
construction contract
is associated with
application of high
cost and this risk is
imperative from the
same. On the other
hand demands of
customer are dynamic
so financial risk is
associated with any
construction contract.
Medium This is possible. For Marriott
Construction Ltd the
management team is
making budget and in
which they are
associating all the
activities of project so
as to assign cost to
them. This is helpful
for them in staying
adhered to cost
application by which
appropriate control can
be established within
the project. In the
context of construction
project there are
various activities in
which high risk is
associated. So this is
necessary that proper
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control is being
enumerated so that
proper execution can
be enumerated (Walker
and Lloyd-Walker,
2016).
Time scale of project:
This is related with
project completion
within given time
period. In this context
the management team
of Marriott
Construction Ltd is
coordinating different
activities so that
overall standard can
be maintained.
High This is having high
chances of occurrence.
For the main objective
of managing deal
within project and in
order to get success
coherent plan is to be
prepared. With the
help of this plan delays
can be avoided and
time and cost can
effectively utilised.
Unrealistic
estimation of cos:
This is associated
with estimation of
cost by which
resources can be
utilised in proper
manner (Meredith and
et. al., 2020). This is
associated with
wrongfully
consumption of
Low It is improbable For managing this risk
proper amount of
planning is required so
that this risk can be
eliminated. By
managing this risk high
impact can be attained
by Marriott
Construction Ltd.
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