Benefits Management Plan for the Perth Arena Project - Case Study Example

Reduce congestion in the parking lots in Perth city 680 capacity underground parking bay to be provided by November 2011 Perth city tracks movement of vehicles into and out of the city and their numbers in the parking lots DHW (Department of housing and works) Failure of parties involved in the project to take responsibility. Poor cost estimation Improve the appearance of Perth Arena and create the perception that it is a cool place to visit. Minimized cost of raising a car park by having it fabricated within the Arena $2 million saved by having an underground park bay by end of 2009 $2 million budgetary reduction in Perth Arena upgrading cost DHW Poor cost planning Negligence of responsibilities and errands Save the Australian government money required in upgrading and remodeling cities.

Increased revenues resulting from parking fees (600 new bays) $79200+ annual increase in parking fees by end of 2012 Assess the amount of parking profits collected in 2012 and in 2013 and calculate the change in terms of percentage VenuesWest and DHW Poor revenue collection systems Depreciating value of the Australian dollar as a result of changes in time value of money. Improved economic sustainability of the facility