BM522 Project Management: TfL Housing Project and Event Management

This project management assignment focuses on a Transport for London (TfL) initiative to develop housing and stage an event. It covers various aspects of project management, including methodology selection (Agile, Waterfall), network diagram creation for project scheduling, stakeholder analysis to identify key players, work breakdown structure (WBS) for task management, risk analysis and mitigation strategies, and quality control measures. The project aims to construct 800 homes in Acton while adhering to sustainability requirements and celebrating the 40th anniversary of the G&S Society. The assignment provides a detailed plan for managing the project's complexities and ensuring its successful completion. Desklib provides students access to similar past papers and solved assignments for enhanced learning.

BM522 Project
Management

Contents
INTRODUCTION...........................................................................................................................................3
TASK 1..........................................................................................................................................................3
Methodology...........................................................................................................................................3
TASK 2..........................................................................................................................................................3
Network Diagram....................................................................................................................................3
TASK 3..........................................................................................................................................................7
Stakeholder Analysis................................................................................................................................7
TASK 4..........................................................................................................................................................7
Work Break down structure....................................................................................................................7
TASK 5..........................................................................................................................................................9
Risk Analysis............................................................................................................................................9
TASK 6........................................................................................................................................................13
Quality Control......................................................................................................................................13
CONCLUSION.............................................................................................................................................13
REFERENCES..............................................................................................................................................14

INTRODUCTION
Project management may be described as the oversight of a work done to help an
organisation meet its objectives, including a music festival or something else that enables the
firm in some manner. As a result, the network diagram is discussed in the context of project
management, stakeholder analysis, work breakdown structure, hazard assessment and
prevention, indicators that can be implemented to regulate the event, and thoughtful evaluation
of the methodology used during project planning with appropriate results and findings in the
sense of the given situation.
TASK 1
Methodology
As excerpts for the stated construction projects, many project methodologies might be chosen.
TFL has been tasked with constructing 800 homes in Acton all while meeting the town's
sustainability requirements. The approaches presented ensure that everything in a venture firm
runs effectively, permitting the sector to focus on achieving social goals. For such work's
execution, the techniques indicated under can be explored.
• Agile: The project methodologies given are intended to assist the sustainable construction in
getting most out of its initiatives by deploying them effectively. By applying agile methodology
methods, the project industry may profit from the expertise of the efforts being created in the
contract administrator, along with enabling consulting firms to fulfill the project's desired aims.
• Waterfall: The proposed technique allows for appropriate project task segmentation. The
provided approach may be used by construction businesses to provide effective routes to the
enterprise firm's intended needs and targets. This method enables for more rational project given
tasks.
TASK 2
Network Diagram
A network diagram is a project systematic methodology that shows the listing and organisation
of all activities in the construction project. It's utilized to assess and show the project's numerous

activities' interconnections. This is a graphical representation tool that assists the client in project
completion in a diagram using the policy frameworks.

The task plan for the project serves as the foundation for the diagram above. As seen above, the
red outlined box represents the operations price, while the squares on the left represent the
previous start date and the containers on the correct side represent the estimated finishing time.
The box to the right of the red box represents free time, whereas the box under their represents
procedure identification. A later start is indicated by the major boxed with the finish line on the
left, following by a box indicating duration, and finally a box indicating a late end.

The critical route is the greatest series of events that should be completed from start to end
in order to successfully accomplish the job. Operations in the case of Land along Bollo Lane are
depicted by the blue and orange colored markers. It also shows the shortest time to complete the
task, which is 1, 2, 4, 5, 9, 10, 21, and 22, with a potential duration of 1 + 14 + 7 + 7 + 2 + 84 + 1
+ 10 days, or 116 days.
TASK 3
Stakeholder Analysis
Internal stakeholders: Internal stakeholders are individuals who are participate in the operation of
the business, like spending plan authorization staff members, promotional executives, sales &
marketing personnel, activities management staff, computer programmers, printing personnel,
promotional trying to plan personnel and digital advertising business owners.
External stakeholders: External stakeholders are persons who are participate in a firm's event but
are not employees, such as stage designers, producer and PR crews, created and constructed,
crowd or consumers, symphony, picture actors and crew dress procession and modification
personnel.
The below are direct and indirect partners with marketing messaging in regard to Land along
Bollo Lane:
High power and high interest: Participants and investors that are interested in the Land along
Bollo Lane activity or initiative get a lot of clout as well as a lot of enthusiasm. The project's
communication strategy might include using a range of assessment methods to keep members up
to date.
High power and low interest: Visitors and consumers are examples of many agencies with
great judgment capacity but little involvement in activities of the project.
TASK 4
Work Break down structure
A work breakdown method is a program management way to perform a variable, inter task.
The goal of a work breakdown structure is to make the hard task more manageable. The work

breakdown plan includes the beginning and conclusion dates for all activities, occurrences, and
objectives stated in the WBS. A variety of management experience and methodologies are using
the WBS or its aspects as inputs.
In the WBS image, the project events are shown in the sequence in which they were scheduled. It
will assist employees and project management in having a complete understanding of project
activities and processes, leading to better manpower control and business enhancement. A well-
defined new organizational assists in the define of hierarchies. The allocation of responsibilities
as per regions, significance and skill, providing for timely and cost-effective advancement. The
project's organisational structure is as follows:

TASK 5
Risk Analysis
Sr. No Risk Impact Management team Mitigation strategy
1. Shortage of funds High Finance manager Having some cash
available and take out
loans from lenders.
2. Resistance of
stakeholders
High Human resource
manager
Every data has been sent,
and benefits are utilized
to keep them motivated.
3. Technology failure High Information
technology
Copies of data are often
used, as well as the safety

manager of devices and identities.
4. Last minute
cancellations
High Marketing manager Maintaining databases of
all attendance,
implementing acceptable
revocation restrictions,
and occupying spaces to
prevent departures are all
actions that may be
intended to limit misses.
5. Reputational risk High Operational
manager
Digital marketing,
encouraging goodwill,
and staying a look out for
crises are all essential
responsibilities.
6. Supply chain High Operational
manager
Cultivating ties with a
variety of providers and
collecting supplies sooner
than expected
7. Poor promotion of
event
High Marketing manager Advertising an event
through online methods.
8. Cash mismanagement Medium Finance manager Developing a financial
strategy and allocating
adequate funds to all
divisions
9. Unbeneficial
investment decisions
Medium Finance manager To use an approach for
improving pricing and
evaluating it
10. Incompetent talent Medium Human resource Utilizing online job

manager boards to find competent
and professional workers
to complete project tasks.
11. Changes in legislation
for organizing event
Medium Project manager Creating strategic
changes that are both
sensible and well-
managed.
12. Lack of support from
government
Medium Project manager Providing updates on the
project and verifying that
all criteria are satisfied.
13. Resistance from
communities
Medium Project manager Implementing corporate
responsibility
requirements and
involving populations in
the development of a
project are both important
considerations.
14. Unclarity about roles Low Project manager Producing a report with
information on every
player's roles and
obligations, as well as
employees participating
in the design process.
15. Injuries to personnel Low Human resource
manager
Special equipment and
the initial kits will be
distributed to each team.
16. Strategic risk Low Project manager In order to successfully
manage programmers,