Question
Conduct a detailed analysis of the following case study and article: After many delays and problems, the Edinburgh tramline opened on 31 May 2014. EDINBURGH
Conduct a detailed analysis of the following case study and article: After many delays and problems, the Edinburgh tramline opened on 31 May 2014. "EDINBURGH TRAMS: A CASE STUDY OF A COMPLEX PROJECT" (Lowe, J., 2010) http://www.arcom.ac.uk/- docs/proceedings/ar2010-1289-1298_Lowe.pdf. complete the following two tasks: PROJECT MANAGEMENT ASSESSMENT The assessment comprises 2 questions (task 1 and task 2). Using report format - answer both of the following questions as a single report. [Task 1 ] From the case study provided, undertake a critical evaluation of the project's overall success or failure, encompassing both its financial and practical dimensions. Analyse how elements such as budget management, cost control, and return on investment, interwoven with broader economic and market dynamics, as well as industry benchmarks, have influenced your perspective on the project's success or failure. Link the assessment to the effectiveness of deliverables, adherence to time constraints, scope realisation, and overall operational efficiency, whilst comparing these against best practices and the impact of external factors like technological advancements, regulatory changes, and socio-economic trends. Identify and discuss the pivotal components within the project plan, to substantiate your argument, considering both their positive and negative impacts, supported by specific instances and data from the case study. Integrate appropriate theoretical perspectives, applying them to deepen the impact of the critical aspects of the project plan and their influence on the project's outcome. This analysis should reflect not just a critique of the project's performance but also an appreciation of the complex interplay between various project management elements and their cumulative effect on success or failure. Example1 - MUST INCLUDE: Overview: Provide a comprehensive introduction to the project, setting the context and scope. Key Objectives: Detail the primary goals of the project, identifying the beneficiaries, purpose, and the overarching aims. Defined Project Strategy: Outline the project strategy, including a breakdown of costs, a clear timeline, and set expectations. Explain the strategic approach taken and its alignment with the project's objectives. Specific Organisation/Style/Structure: Describe the organisational structure, management style, and structural framework of the project. Discuss how this structure supports the project's goals and strategy. Detailed Schedule: Present a thorough schedule of the project, highlighting key milestones, phases, and deadlines. Detailed Resources: Enumerate the resources allocated to the project, including human, financial, and material resources. Assess the adequacy and management of these resources in relation to the project's needs. Detailed Risk Management Elements: Elaborate on the risk management strategies employed, including identification, assessment, and mitigation of potential risks. Overall Monitoring and Control Processes and Procedures: Describe the processes and procedures in place for monitoring and controlling the project. Include mechanisms for tracking progress, quality assurance, and corrective actions. Overall Summary and Assessment of the Project: Conclude with a comprehensive summary and critical assessment of the project. Reflect on the effectiveness of the strategy, organisation, and management in achieving the project's objectives. can you provide detailed answers to go about conducting this report? TASK 2 is based on your ability to critique and reflect on your learning from task 1. "You are a consultant for a major company and have been asked to review a major project of a similar size and scope from task 1. " As a consultant for a major investment company, adhering to the conventions of a formal report, you are required to develop a suite of pragmatic recommendations. These recommendations should be designed to mitigate potential issues and bolster the chances of a successful project outcome. You may base your analysis on an actual project to which you have access in your professional environment. Alternatively, you may opt for a theoretical project , one sourced from an internet reference, ensuring that proper academic citation is maintained. Your recommendations should be rigorously defended from both a practical and theoretical standpoint. This entails a reflective and critical appraisal of the attributes of project management techniques, incorporating both their strengths and weaknesses as identified in Task 1. Utilise these insights to create comparative framework within which your recommendations are positioned. The expectation is for a deep, analytical engagement with the subject matter, demonstrating not only a comprehension of the project's operational aspects but also an ability to synthesise and apply relevant theoretical constructs. Your discourse should showcase an advanced understanding of project management principles and their real-world application, supported by academic literature and practical examples. Key item for discussion are suggested below, although not all will be relevant for every project. Include at least 5 as topics and discuss each in detail. Example 2 - MUST INCLUDE: Examination of Forecasts/budgets/schedules Major or significant deviations from the original project plan, good/bad. Attributes of good/bad Project Management practices. Examination of administrative performance/planning Relevance of organisational structure Team composition/processes and procedures Key stakeholders can you provide some examples of similar companies I can use for task 2 and how to attempt answering task 2
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