Benefits Realisation Plan for Perth Arena Project Management

This assignment provides a benefits realization plan for the Perth Arena project, treating it as a program nearing completion. It identifies three key projects within the program: a multipurpose indoor stadium, a forecourt facility, and a car park. For each project, three benefits are articulated, along with corresponding KPIs, verification sources, responsible persons, and potential risks that could hinder the achievement of these benefits. Assumptions are made regarding the project's budget, commercial viability, and impact on the sports event industry. The plan aims to support strategic objectives by ensuring the successful hosting of various events, providing convenient public spaces, and offering efficient parking solutions. The analysis considers potential challenges such as insufficient facilities, crowd management issues, and traffic congestion, offering a comprehensive overview of benefits management for the Perth Arena program. Desklib is a great platform to find similar assignments.

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management Assignment 2 Template
BENEFITS REALISATON PLAN TEMPLATE
Program Title: (No marks): The Planning and Management of Perth Arena
Assumptions: (5 marks)
 The project will be completed within the allocated budget of $483 million that has been extended from the previous assumption.
 The arena will be commercially and functionally viable.
 The arena will change the landscape of the sports event industry in the particular city as well as the country.
Problem or Opportunity Statement: (5 marks)
 The program will be massive opportunity to create a significant landmark in the city as well as a popular venue for concerts and sports but there are some associated risks due to budget and
complexity of the project that must be addressed accordingly.
Benefits to be Achieved KPI for the Benefit KPI – Source for Verification Responsible Person for
assessing the Benefit
Risks that could prevent the
Benefit from being realised
(2 to 3 risks per benefit)
Strategic Objectives Supported
by this Benefit
Project 1 (30 Marks)
Project Name: _Multipurpose Indoor Stadium Entertainment _________________
Support for indoor events like dance
concerts, comedy shows and others
Well developed indoor facilities Feedbacks from the indoor spectators
after an event
Indoor Manager I. Poorly developed indoor
facilities
II. Not sufficient space for
spectator
accommodation
Hosting indoor events in addition to
the large scale events in the arena
Compact events for limited number of Professional and compact Feedbacks from the executive Indoor Manager I. Not sufficient facilities Hosting special executive meets for
1

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for Verification Responsible Person for
assessing the Benefit
Risks that could prevent the
Benefit from being realised
(2 to 3 risks per benefit)
Strategic Objectives Supported
by this Benefit
spectators / executive spectators only environment for the executive
spectators
spectators after an event for executive service
II. Not sufficient privacy
system for executive
meets
special discussions and corporate
events
Place for plays and drama performances Good environment for the drama
performers
Feedbacks from the performers after
an event
Indoor Events Manager I. Not proper facility for
the drama performers
II. No facilities for the
performers to use during
intervals
Hosting drama and play events as a
part of the cultural pull of the arena
Project 2 (30 Marks)
Project Name: _Forecourt Facility_________________
Place for arts, culture and public events Hosting public cultural events and
exhibitions
The hosted events are completed with
success
Arts and Cultural Manager I. Not sufficient interest
among people due to
high entry fees
II. Forecourt not
sufficiently large for
supporting huge crowd
Hosting public cultural events as a
part of the cultural pull of the arena
Good place for public gatherings Suitable spot for mass public
gatherings
Mass public gatherings are hosted
without any inconvenience of the
nearby people or traffic
Public Events Manager I. Mass crowd gatherings
not allowed by the local
government except
special events
II. Mass gatherings form as
a form of protest and
outrage causing damage
to the facilities and
properties of the arena
enclosure
Hosting public gatherings during
special public hosted events
2

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for Verification Responsible Person for
assessing the Benefit
Risks that could prevent the
Benefit from being realised
(2 to 3 risks per benefit)
Strategic Objectives Supported
by this Benefit
Laneways and other facilities like food
plaza, drink stall and others
Convenient place for spectators to buy
food, snacks and drinks
Spectators are easily getting access to
the food and drinks stalls during an
event interval
Facilities Manager I. Due to large spectator
crowd, there might be
insufficient number of
food and drink stalls in
the court
II. There may not be
sufficient supply of food
or drinks in the court
III. Indoor vendors may
result in reduction of
sales in the court stalls
Provide the spectators with food and
refreshments during event intervals
Project 3 (30 Marks)
Project Name: _Car Park_________________
Convenient parking space for the cars Sufficient parking space for all the
spectators coming in cars
Parking of cars during the event Parking Manager I. Insufficient parking
space for all the cars
II. Too small space for
parking each car
Provide convenient experience to the
spectators for parking their cars
Less clogging of traffic around the
arena
No significant traffic blockage during
an event
Monitoring of traffic condition during
the event
Local Traffic Department I. High traffic blockage
during rush hour
II. Slow traffic movement
due to the large number
of cars
Avoid traffic clogging in the area
during an event
Easy to find a particular car during
exiting a concert
A spectator can find his car easily
even when there are hundreds of cars
parked in the space
Feedback from spectators after an
event
Parking Manager I. High congestion
resulting difficulty in
driving a car out of the
space
Provide convenient experience to the
spectators for parking their cars
3

PROJECT MANAGEMENT PROGRAM
Program and Portfolio Management Assignment 2 Template
Benefits to be Achieved KPI for the Benefit KPI – Source for Verification Responsible Person for
assessing the Benefit
Risks that could prevent the
Benefit from being realised
(2 to 3 risks per benefit)
Strategic Objectives Supported
by this Benefit
II. No security for the cars
4