CREATION OF A BUSINESS CASE FOR ESTABLISHING DUNDEE TRAM SYSTEM

1. Introduction:

1.1 Key planning problems associated with the Edinburgh Tram System

1.2 Benefits of project management techniques to mitigate the above-mentioned problems

1.1 Key planning problems associated with the Edinburgh Tram System:

Scheduling constraints

Rise in anticipated project cost

Excess interest payments

1.2 Benefits of project management techniques to mitigate the above-mentioned

problems:

Work breakdown structure

Gantt chart

Critical path

2. Project objectives:

3. Performance measurement/ quality management:

Planned Value (PV)

Actual work cost

Earned Value (EV)

Return on Investment (ROI)

Cost Performance Index (CPI)

Planned working hours against existing working conditions

Schedule Performance Index (SPI)

Utilisation of sources

Project percentage finished within time

4. Stakeholder analysis:

Contractor

Professional service providers

First-tier and second-tier consultants

Financial, Commercial and Legal Committee (FCL)

Financiers, clients and project sponsors

Regulatory agencies

State councillors and officials

Scottish government

Common public

4. Stakeholder analysis (Continued):

5. Activities and milestones scheduling of the project:

5. Activities and milestones scheduling of the project (Continued):

6. Resources required including project budget:Particulars Amount (in million £)

Layout of the project 40

Land 125

Labour 50

Raw Materials 100

Analysis of risks 15

Advertising and Promotion 8

Launch of the project 18

Total Budget Cost 336

7. Constraints and risks:

Lack of availability of sources

Loss of money

Overrunning of schedules

Failure to meet the performance requirements

8. Communications required:

Combination and coordination of work of the project team members

Delegation the tasks amongst the team members with clear description of the job types

and roles

Strong and positive methods of communication like e-mail and telephonic conversation

Top-to-down communication method

9. Success/ Failure factors for the project:

Worker involvement and strong back-up support of the executive body

Resource availability and mitigation of unanticipated risks

Fund allotment

Human resources

10. Conclusion and Recommendations about considerations

concerning future operations:

References and Bibliographies:

Books:

Heagney, J., (2012). Fundamentals of project management. AMACOM Div American Mgmt Assn.

Jeston, J. and Nelis, J., (2014). Business process management. Routledge.

Kerzner, H.R., (2013). Project management: a systems approach to planning, scheduling, and controlling. John

Wiley & Sons.

Leach, L.P., (2014). Critical chain project management. Artech House.

Meredith, J.R. and Mantel Jr, S.J., (2011). Project management: a managerial approach. John Wiley & Sons.

Weske, M., (2010). Business process management: concepts, languages, architectures. Springer Publishing

Company, Incorporated.

Wysocki, R.K., (2011). Effective project management: traditional, agile, extreme. John Wiley & Sons.

References and Bibliographies (Continued):

Journals:

Blomquist, T., Hällgren, M., Nilsson, A. and Söderholm, A., (2010). “Project‐as‐practice: In search of project

management research that matters”. Project Management Journal, 41(1), pp.5-16.

De Bakker, K., Boonstra, A. and Wortmann, H., (2010). “Does risk management contribute to IT project success? A

meta-analysis of empirical evidence”. International Journal of Project Management, 28(5), pp.493-503.

Ajmal, M., Helo, P. and Kekäle, T., (2010). “Critical factors for knowledge management in project business”.

Journal of knowledge management, 14(1), pp.156-168.

Meskendahl, S., (2010). “The influence of business strategy on project portfolio management and its success—a

conceptual framework”. International Journal of Project Management, 28(8), pp.807-817.

Caniëls, M.C. and Bakens, R.J., (2012). “The effects of Project Management Information Systems on decision

making in a multi project environment”. International Journal of Project Management, 30(2), pp.162-175.