Project Management: Project Review - Essay Example

This accomplishment was able to be achieved in 2004. This tower now generates a great range of revenues with respect to its trade. Besides this, the tower is also responsible for a successful trade between the domestic as well as the international market. A project is a temporary endeavor undertaken to create a unique product or service (PM BOK). Every project has several pros and cons associated to it. These pros and cons establish the basic theme of building a particular project. History testimonies that many huge projects have been built after a thorough and a continuous struggle and these projects have had to face their end before their start could took place.

The project under our consideration is the Taipei 101 Tower. It is one of the tallest buildings of the world and is situated in the city of Taiwan named as Taipei. The construction of Taipei 101 Tower began in 1999 and was completed in 2004. Taipei 101 Tower was considered to be the tallest building on earth until Burj Khalifa was built in UAE. This tower is a great demonstration of the Chinese culture and possesses a hugely built structure. The building consists of a huge mega structure with a ratio of one hundred and one stories and the height of the tower seems to touch the horizon of sky.

The basic inception of Taipei 101 Tower lies with the concept of building a world financial center accustomed with the practice of Chinese culture. The tower encloses a huge variety of fashionable restaurants, shops etc. A mall is also present inside the skyscraper and an extremely reasonable parking also exists within the gigantic building. Although the building comprises of a long, erected tower, but it occupies an enough area for its standing and orientation. The basic design of the Taipei 101 Tower was proposed by C.Y. Lee & Partners.

It is also stated that the construction of the tower was a joint venture between KTRT and South Korean Samsung C&T (Patrick