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Project Management

Group 8
by

Sophie Scamans

on 15 November 2014

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Transcript of Project Management

The London Eye
Tamara Schmitt
Alexander Svensson
Cong Shi
Sandra Senius
Sophie Scamans

History
Stakeholder
Risk Analysis
Budgeting
Team Building
Project Closeout and Termination
Conclusion
Finishing the Product
Handing Over the Product
Gaining Acceptance
Harvesting Benefits
Reviewing how it all went
Combining the components and Raising the Wheel
Safety Check-ups
New Millennium
March 2000 - opened to public
High profile project - located on South Bank
Surpassed expectations
Mace
Marks Barfield
Followed main objective
On-time nor on-budget
Safety, Quality, Construction
Permanent position, popular attraction
Slides of Dr. Chris Nicol, Project Management
Thank you!
Conceiving and development phases
Identify
Analyze
Consumer safety
Design, weather
Mitigate
CAD and simulations
Financial
Bankruptcy
Stakeholders
Knowledge
Missing skills?
1.Forming – members become acquainted
Marks Barfield
2.Storming – conflict begins
Single contractor vs. Several contractors
3.Norming – members reach agreement
More sub-contractors joined in the team.
4. Performing – members work together
Dual needs of both design & construction
5.Adjourning – group disbands
British Airways : give the deadline
Sharing problems & mutual solving
1993:
Design
Contest
1994:
founding of
"The Millennium
Wheel Company"
1995:
Financial backing by
British Airways
1996:
Planning
Permission
1998:
start of production
of Wheel parts
1999:
assembling & raising
of Wheel
31/12/1999:
Millennium Wheel
turns without any
passengers
01/03/2000:
opening to
public & media
Overview
Focus: Leadership/ Project Manager/ Project Champion
Marks & Barfield
:


British Airways
:


Mace
:


Mace
Execution and finalization
Identify
Analyze
Mitigate
Assembly
Accidents
Platforms
Rising the wheel
No attraction
Special equipment
Conceptualization
Planning
Execution
Termination
Marks Barfield and Mace jointed work to minimise time and cost
Backing up by British Airways with £600,000
Giving 50% of shares to BA
Getting more investors
West LB
Sumitomo
The Tussauds Group
Deutsche Bank
Final Cost
£75m
Few months later, gaining enough profits to cover expenses
Challenging project
Lasted 7 years
International project which went well
Limited time project became a fixed tourist attraction
Huge commercial success
Great cooperation between the architects, MACE, and two subcontractors - Hollandia and POMA
New project
i360 Brighton
Project Champion
Project Leader
Project Champion? No!
Only sponsor
Project Manager
(M&B maintained position as visionary leader)
Consultants
Engineers
British Airways
From the slides of Dr. Chirs Nicol, Project Management
Deadline
Cambridge University Colonade
British Museum Great Court
Awards
Full transcript