The initiations as well as the closing phase of the project hold equal importance for its successful accomplishment. These phases have various steps of project management associated to it. Risk, procurement,…
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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
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(“Project Management: Project Review Essay Example | Topics and Well Written Essays - 2750 words”, n.d.)
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(Project Management: Project Review Essay Example | Topics and Well Written Essays - 2750 Words)
“Project Management: Project Review Essay Example | Topics and Well Written Essays - 2750 Words”, n.d. https://studentshare.org/miscellaneous/1563156-project-management-project-review.
The procedure so adopted, must consist of all the vital steps that are essential for achieving the objectives. Various organization also needs such strategy and planning in order to make the project a success. Project management in other words is a bench mark towards reaching the milestone.
As noted from the case of Major Projects Authority, a project is comprised of different phases which include the following: initiation, planning, execution and controlling as well as monitoring and close out. This project was initiated by the MPA in order to improve the central government’s poor track record with regards to delivering large projects.
The successful implementation of the project requires meeting both the technical and sociocultural aspects. The technical side includes identifying the scope of the projects, WBS, schedules, resource allocation, baseline budgets, and status reports. On the other hand, sociocultural aspects are leadership, problem solving, teamwork, negotiation, policies, and customer expectation.
In managing a project, a work breakdown structure assists the project manager as it is a dynamic tool, and its elements may vary from a product, data, service or any combination. With a work breakdown structure, estimation and control of cost becomes an easier task.
Project Management Review. The specified action in the question does not reflect the entire project communication but constitutes only one phase of project communication. Project communication is a broader term that refers to specific behavior and methodologies employed to lead, motivate, delegate, and report back to all stakeholders involved in the project.
The Change Control Management is usually applied when the first part of the deliverable is completed and approved by the management (‘Why, what, how’). The important functions include providing guiding principles for formulating the change requests for the project.
The scope of the project usually increases when new product or new features has been added to the current projects without corresponding addition in resources, time and budget; and as a result of the undesired changes in the project scope, the team drifts away from its original objective and scope into unintended additions (“Project scope management”).
The main purpose of written communication is that the majority of people easily understand written expressions rather than spoken ones since they get more time to process the message contained in it. Secondly, the individual should insist the outsourcers to re-document the placed requirements in their own words.
As reviewed by Agrawal (2009), shoot out is a book on how film gets made. It includes the movie making from the initial pitch to the last cut as well as the players from producers, directors, writers, marketers and agents (Bart, and Gube 2009). With the assistance of two Hollywood renowned pundits; Peter Guber and peter Bart, the account of Hollywood today, yesterday and tomorrow are narrated with rare intelligence, insight and candor.