Nobody downloaded yet

Heathrow Airport Project Evaluation - Essay Example

Comments (1) Cite this document
Summary
Heathrow Airport is the busiest international airport in the world with a terminal that caters for more than 20 million yearly travelers from around the world (BAA, 2012). BAA Airports was commissioned to refurbish the 40-year-old Terminal 1 which would make it an international airport. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.4% of users find it useful
Heathrow Airport Project Evaluation
Read TextPreview

Extract of sample "Heathrow Airport Project Evaluation"

Download file to see previous pages This meant some of the Star Alliance airlines having their operations at terminal 2 and 3 would have to move to terminal 1. Completion of this project on time would enable Heathrow Airport, which currently caters for 90 airlines, to rise up to more than 180 airlines worldwide.
Though completing the project on the laid timeline was one of the most important things, there were other factors that had to be considered, including the safety and health issues (BAA, 2012). This was important because the terminal was to be used by passengers, and their needs came first. All factors had to be considered so as to maintain the reputation of BAA to the stakeholders , the public, and the media. The passage of terminal 1 may lead to delays which could cause not only significant penalties but also loss of other clients.
A project manager, David Buisson, was chosen to manage the project as he was a certified project manager who also had more than 13 years of working experience as a manger in various challenging and complex projects (BAA, 2012). Mr. Buisson had worked with teams of professionals from various places around the world, including professionals from industries who were skilled enough to tackle major transport and communication projects. Using the experience developed from many years of experience and meeting different people around the world, Mr. Buisson had the required sufficient knowledge to choose a team that would be able to complete the project in the required timeline. The teams chosen would be required to collaborate and make the success of the project the most important thing they do. They should also remember the safety of the project as it is supposed to serve millions of people and for decades of years to come. Planning Approaches Planning and survey are a continuous process which may take time before being implemented. There are three proven planning approaches for projects which include top-down execution and responsibility; top-down policy and bottom-up planning and execution; and bottom-up execution and responsibility (Kerzner, 2000). The top down execution and responsibility is the department responsible for coordinating and planning of procedures and policies. The management in this approach is centralized as it involves a few people making decisions for the rest of the team (Cooke-Davies, 2000). In this case, the stakeholders are informed of the proceedings of the project and they make the decisions of whether the project would still be done or not. They decide whether the request for time extensions would be necessary, whether additional resources would make any changes to the project and they make conclusions without consulting the teams doing the project. This approach has its disadvantages as various departments may not get the special attention required to complete the project on time. Different teams may also not understand how they should relate to each other while trying to complete the project. The other approach is the bottom-up execution and responsibility which encourages each department to develop or come up with their ideas and implement plans without much supervision (Morris, 2004). In this approach, there is a manager in charge of them, but they only report to them in critical circumstances. In our case, the project manager encourages the team members to use the collaborative approach while solving various problems. This approach involves training various people as well as having different parties which can be expensive especially to big projects such as refurbishing Heathrow Airport Terminals. The last planning approach is the top down policy and bottom up planning and execution which have overall planning rules or guidelines which are ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Heathrow Airport Project Evaluation Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved from https://studentshare.org/business/1401003-project-planning
(Heathrow Airport Project Evaluation Essay Example | Topics and Well Written Essays - 1750 Words)
https://studentshare.org/business/1401003-project-planning.
“Heathrow Airport Project Evaluation Essay Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/business/1401003-project-planning.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
ay
aylin84 added comment 1 year ago
Student rated this paper as
I had an issue with a essay types of works. All until I came across this website and this particular paper. Even though "Heathrow Airport Project Evaluation " is far from my studies, the structure is so great that I use it all the time as an example for my own works.

CHECK THESE SAMPLES OF Heathrow Airport Project Evaluation

Project Evaluation

...?Task Project Evaluation Project Alpha Total Investment Cash Flow Payback Period Present Value 0 Year 000,000 000,000 000,000 1st Year 8,000 -992,000 7,273 2nd Year 200,000 -792,000 165,289 3rd Year 800,000 8,000.0 601,052 4th Year 820,000 560,071 5th Year 970,000 602,294 Net Profit 1,798,000 ROI 1.798 Payback Period 2.99 Present Value 935,979 Project Theta Total Investment Cash Flow Payback Period Present Value 0 Year -2,400,000 -2,400,000 -2,400,000 1st Year 900,200 -1,499,800 818,364 2nd Year 940,000 -559,800 776,860 3rd Year 980,000 420,200 736,289 4th Year 960,000 655,693 5th Year 500,000 310,461 Net Profit 1,880,200 ROI 0.783416667 Payback Period 2.61204082 Net...
11 Pages(2750 words)Essay

Heathrow terminal five: Project analysis from different stakeholder perspectives

...on a systematic evaluation of the T5 stakeholders and the perceived values of this project from different viewpoints. Conversely, the paper looks at the various strategies and approaches utilized by the proponents to enhance the values of Heathrow T5 projects. With these in mind, the discussion culminates with a justified proposal for the capturing and delivery of value to the present and future stakeholders of global projects like the Heathrow T5. 1.1 Project Description Heathrow Terminal Five is one of the largest airport terminals in the world by size, complexity, structural...
12 Pages(3000 words)Term Paper

Evaluation Project

...?Evaluation of the BP Deepwater Horizon Oil Budget report Summary The of the report being evaluated is BP Deepwater Horizon Oil Budget: what happened to the oil? This report was assembled by the National Incident Command (NTC) in late 2010. There are seven authors associated with the original report. Additional credit was given to 32 additional scientists who contributed by assisting in verifying oil budget calculations, field data contributions, formulas, analysis approaches and reviewed various algorithms used. Special note is made that the current document is not complete and may have changes applied over time as necessary, as the team continues to refine the analysis. (Report 5) The report itself...
2 Pages(500 words)Essay

Operations Management: Heathrow Airport (BAA) Process Technology

...that satisfies the customers in all channel of the operation. The many areas of operation within the Heathrow Airport Process Technology is in the variety of job duties that correlated to process tasks, such as, ticket ordering, baggage handling, and specialized reservations of airline travel. The understanding of how Heathrow Airport illustrates a project processes are in the affordability to implement a structured work flow. In doing so, the process tasks are either geared for successful fast processing or slow processing of ticket ordering. The defined starting of each process tasks from one point to the next is reviewed for determining how essential...
10 Pages(2500 words)Essay

London heathrow Airport Passenger Process Mapping and Evaluation

...? LONDON HEATHROW AIRPORT PASSENGER PROCESS MAPPING AND EVALUATION {Insert {Insert {Insert November 28, 2011. LONDON HEATHROW AIRPORT PASSENGER PROCESS MAPPING AND EVALUATION Heathrow airport is located in Hilling don London, according statistics (2011) it is one of the busiest airports in United Kingdom alone and the third in the world in terms of passenger travel, it handles more international travelers than any other airport in the world. It figures are outdone by Frankfurt Airport and Paris-Charles de Gaulle Airport but in the recent years, it has replaced a number of London based airports to make it London’s main airport and the global busiest airport system (Monkman & McMahon 2007, pp 34). London Heathrow airport is operated... and...
6 Pages(1500 words)Essay

Project Evaluation

...?Running Head: PROJECT EVALUATION Project Evaluation School Contents INTRODUCTION 3 ANALYSING THE FEASIBILITY OF THE PROJECT 3 JUSTIFICATION ABOUT THE METHOD USED TO EVALUATE THE PROJECT 4 OTHER FACTORS THE COMPANY MIGHT CONSIDER 6 CONCLUSION 7 Reference List 9 Appendix 10 INTRODUCTION This report analyses one of the projects that Salsbury is analyzing to invest. Salsbury is a nationwide chain of supermarkets and it is evaluating whether it should start a new retail store on the outskirts of Dingwall or not and for this purpose, the report discusses the feasibility of the retail store. The management uses one of the most widely used project evaluation techniques, Net Present Value (NPV) to evaluate the feasibility of the project... and then...
5 Pages(1250 words)Math Problem

Heathrow Airport - Terminal 5

...? Heathrow Airport - Terminal 5 Contents Contents 2 Task 3 Business and Operational Strategies 3 External Environment 6 Operational Strategy by Heathrow Airport 8 Task 2 11 Problems of T5 Project 11 Appropriate Approach of Quality Management 13 Major Causes of the Problems 14 Reference List 17 Task 1 Business and Operational Strategies Strategic Management in an organization helps to formulate its development program. With the help of this development program, the organization can easily achieve its desired business goals. Once an organization has formulated its desired mission and visions, it can easily formulate, implement and evaluate...
13 Pages(3250 words)Assignment

The future of London Heathrow Airport

.../media/assembly-press-releases/2014/01/assembly-rejects-expanded-heathrow Accessed on 11-02-2014. Gudmundsson S., Palean S., and Redondi R (2014). “Spill over effects of the development constraints in London Heathrow Airport”, Journal of Transport Geography, Vol. 36, p.p. 64-74. Hampton S.L. (2013). UK Airport Strategy, Dicing with the property market, available from www.lsh.co.uk accessed on 10-03-2014. Johansen B. (2009). The Encyclopaedia of global warming science and technology. Greenwood Publishing Group. Kable Intelligence System (2014). London Heathrow Airport Expansions (LHA/EGLL), United Kingdom, Available from...
5 Pages(1250 words)Literature review

TERMINAL 5 HEATHROW AIRPORT

...with satisfying customers’ requests for goods and services (Maylor, 2010). In large international airports like Heathrow, it is absolutely necessary to provide a system of luggage sorting that is automated. This is because it expands the terminal building’s capacity as well improves the service standards. This kind of sorting makes use of bar codes and luggage tags, electronic chips or magnetic strips for destination and luggage identification. 8.0 Background of Development of the Terminal 5 Its construction started in September 20020 this being after almost 13 years of the project’s planning. The project is estimated to have cost close to f our and a half billion...
12 Pages(3000 words)Case Study

Project Management (Heathrow Airport)

...Project Management (Heathrow Airport) Affiliation This project requires a mobile communication technology. Refurbishing Heathrow Airport Terminal 1 needs efficient information and data flow between all the agencies, such as staff, contractors, technicians, project manager and engineers. According to Abdel-Wahab and El-Masry (2010), in a renovation project, the information/data framework plays a significant role in the attainment of the set goals. This project encounters some challenges, such as lack of proper communication among the staff members and agencies. Also, it is facing numerous technological, structural, environmental challenges which hamper the delivery process. All these challenges can be addressed swiftly and urgently... ...
1 Pages(250 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Heathrow Airport Project Evaluation for FREE!

Contact Us