Stadium Construction Project - Example

Project Management Student Name: University: Subject: Instructor: November 26, 20132 Business Case- Football Stadium This project entails building an international standards football stadium in the Yas Island. The stadium will have a capacity of 70000 people. The estimated cost of the project is 50 million Dirham’s and the span of the project from commencement to completion will take roughly 2 years. The following paragraphs analyze the various components of this project. Scope Overview The project is a football stadium. The main activities of this project will involve round the clock construction of the stadium, management of personnel and procurement. The main objective of the project is to build a football stadium of international standards. The project also aims to transform Yas Island into a gaming zone through the construction of this stadium. The major deliverables of this project will be the stadium itself. However, there will be other deliverables such as parking lots, roads and other infrastructure to sustain the stadium needs. The objective of the project is to deliver a football stadium whose quality would match those of other international standards stadiums. Milestone Schedule and Acceptance Criteria The project will take a maximum of two years. The breakdown of the milestones of the project is detailed in the following diagram. Nov 2013 – Jan 2014 Feb 2014- April 2014 May 2014 – Dec 2014 Jan 2015- Mar 2015 April 2015 - Nov 2015 Oct 2015-Nov 2015 Feb 2016 Project Planning, evaluation Acquiring licenses Phase one of project Post phase 1- evaluation Phase two commencement Post phase 2- evaluation Launch of the stadium Milestone acceptance criteria The project will be evaluated at two milestones, the completion of phase one of the project and after the completion of the whole project at phase two. The following table shows the milestone acceptance criteria at every phase. Milestone Phase 1 (Nov 2013 – April 2014) Phase 1 (April 2015 – Nov 2015) Milestone acceptance criteria -Structural foundations laid as per the instructions from the engineer. -Wind and sand storm breakers set in place. -Project is running according to set schedule. -All materials to be used in phase two have been procured. -All construction factors have been looked into. -The stadium has a seating capacity of 70000 people. -Other deliverables such as parking areas and infrastructure are in place. -Wind and sand storm breakers have been demolished and stadium stands on its own. -The stadium has the capacity to withstand considerable pressure from wind and sandstorms Remarks If criteria is satisfied, proceed to phase 2 If criteria is satisfied, proceed to launch Risks Ever project has risks and it is important to identify them and act on them early enough (Longman and Mullins 56). One of the potential risk factors is government interference. The government may decide that the project is not viable to be built on the island. This brings the whole project to a stop. Another risk is the sand storms, which are a common occurrence in this area. They could be detrimental to the structure being made and lead to the project being slowed down greatly. The potential risk from the government can be dealt with through requesting licenses to build the stadium way before the build-up commences. The hurricanes are natural and hard to control. Barricades could be erected around the stadium to prevent them from damaging the main structure. Stakeholder List The football fans in the area are people who are very much in support of this project. Those who oppose the project are the people who consider themselves environmentalists who think the stadium will impede upon environment of the small island. The government supports the project and since they are the major players and policy makers, the project is Okayed to move to the construction stage. Others who are up for the project are the people financing this project. They are concerned about the returns this project will start bringing in once it is completed. Team Operating Principles Each person in the project group will take certain thing to take care of. Khaled Alhameli will be responsible for recruiting the people who will construct the stadium. Hamad Ali will be responsible for the finance and finally Khaled Jamal will be responsible for observing the work on the structuring the stadium and make sure everything goes right. We will be using these principles In order to complete this project Open and honest with each other- this means that people will share all important factors in this project with absolute honesty and as a team. WBS (Work Breakdown Structure) Project Schedule 1 CONSTRUCTION OF A 70,000 SEATER STADIUM 119.6 wks Wed 10/16/13 Fri 1/29/16 2 Project Planning, evaluation 8.8 wks Fri 11/1/13 Wed 1/1/14 3 Receive notice to proceed and sign doc. 1 wk Fri 11/1/13 Thu 11/7/13 4 Submitt bond and Insurance documents 0.5 wks Fri 11/8/13 Tue 11/12/13 5 Prepare and Submitt the work Schedule 1 wk Tue 11/12/13 Tue 11/19/13 6 Obtain Building permits 1 wk Tue 11/19/13 Tue 11/26/13 7 submitt preliminary shop drawings 4 wks Wed 11/13/13 Tue 12/10/13 8 Submitt Monthly requests for payment 1 wk Fri 11/1/13 Thu 11/7/13 9 Mobilization of Personnel and machines 5 wks Thu 11/28/13 Wed 1/1/14 10 Acquiring licences 18.4 wks Thu 1/2/14 Fri 5/9/14 11 Phase one of project 29.2 wks Wed 5/14/14 Wed 12/3/14 12 Clearing the site 8 wks Wed 5/14/14 Tue 7/8/14 13 Subsurface drainage 4 wks Wed 7/16/14 Tue 8/12/14 14 Filling to playing field and track 6 wks Wed 8/6/14 Tue 9/16/14 15 Installation of artificial turf 13 wks Wed 9/24/14 Tue 12/23/14 16 Excavation 2 wks Wed 7/9/14 Tue 7/22/14 17 Pouring of concrete footings 1 wk Wed 7/23/14 Tue 7/29/14 18 Pouring of concrete on supports for seat galley 5 wks Wed 7/30/14 Tue 9/2/14 19 Erecting pile cast gullies 5 wks Wed 9/3/14 Tue 10/7/14 20 Post phase 1- evaluation 9.2 wks Wed 12/24/14 Wed 2/25/15 21 Phase 2 of the project 36 wks Thu 2/26/15 Wed 11/4/15 22 Casting of seats 4 wks Thu 2/26/15 Wed 3/25/15 23 Installation of roof steel structure 10 wks Thu 3/26/15 Wed 6/3/15 24 Erection of roof 9 wks Thu 6/4/15 Wed 8/5/15 25 Construction of dressing rooms 6 wks Thu 8/6/15 Wed 9/16/15 26 Painting of seats 13 wks Thu 3/26/15 Wed 6/24/15 27 Electrical and mechanical installation 13 wks Thu 8/6/15 Wed 11/4/15 28 installation of scorecard and other facilities 3 wks Wed 10/14/15 Tue 11/3/15 29 Post phase 2- evaluation 7.2 wks Wed 11/4/15 Wed 12/23/15 30 Test and dummy runs 8.2 wks? Thu 10/15/15 Thu 12/10/15 31 Launch of thestadium 1 wk Wed 1/13/16 Tue 1/19/16 Network Diagram Project Budgetary Estimates Budget Project CONSTRUCTION OF A 70,000 SEATER STADIUM Project manager Eng. Ezekiel Mjory Sponsor Ministry of Culture and Sports Project artifacts Updated 23/11/13   Budget Status Approved Budget Planned Expenditures to Date Actual Expenditures to Date Variance 35,000,000.00 50,000,000.00 50,000,000.00 0.00   Planned Remaining Budget Actual Remaining Budget Variance -15,000,000.00 -15,000,000.00 0.00 Additional needed   Budget Details Internal Expenses Salaries Rate # Hours Total Cost   Senior management 36.00 2000.00 72,000.00 junior management 24.00 2000.00 48,000.00 Skilled workers 18.00 2000.00 36,000.00 Machine operators 16.00 2000.00 32,000.00 Unskilled workers 18.00 2000.00 36,000.00 miscellaneous 12.00 2000.00 24,000.00 Machinery and equipment Total Cost Earthmovers 2,200,000.00 Cranes 2,324,445.00 Transport machines 3,200,000.00 Total Internal Expenses 7,972,445.00 External Expenses   Consulting Costs Total Cost   Civil and structural consultants 3,200,634.00 Mechanical Consultants 2,109,883.00 Electrical Consultants 1,354,146.00 Capital Expenditures Total Cost Steel materials 12,682,487.00 Concrete materials i.e sand cement, ballast 7,434,678.00 Electro-mechanical installations 2,142,563.00 Total External Expenses 28,924,391.00 Total Budget 36,896,836.00 Budget Estimate The budget was arrived at based on the nature and magnitude of the project. This has taken into consideration; the BoQ as generated by the quantity surveyor, market rates of the various materials, nature of operations as outlined by the operations team. The estimates have as well been compared with the estimates and actual costs from other similar projects carried out in the recent past by the c Assumptions made in the budget preparations The preliminary design provided by the consultants will not be altered The market prices of materials, machines and labour will remain relatively constant over the project duration The construction project will strictly follow the outlined plan in the gantt charts Risk Management Plan In this project, some of the pointed out risks include: Possible government interference Potential natural calamities that usually plague the site such as sand storms Environmental activists and agencies who oppose interference of the natural setting Skeptism of the project financier on the return on their investment 1.0 Project Performance Measurements The project performance is measured by the comparison between the actual project progress and the project plan. The performance of the project will be based on the variation analysis on both work schedule provided at the onset of the project as well as on the budgetary estimates provided. Read More