PROJECT MANAGEMENT

Project Management

Project Management

Executive Summary

 

The major reason of this research paper is to make a project investigation on the new project acquisition. The major reason of this study report is to make a feasibility investigation of new project for Touprom. In our life particularly for those going up their vocation ladder, at some issue in time, one will always being called upon to lead and organize a project. Depending upon the environment of the work and the commerce one is in, the dimensions and magnitude, the power and rigor needed of the procedure of project management may differ. At the simplest, it may just be the straightforward identification and delineation of the diverse undertakings and jobs with allotted functions and responsibilities simultaneously with clear timelines and key consignment milestones.

 

 

 

 

Table of Content

 

 

 

 

Project Management

 

Introduction

The major reason of this paper is to make a project management report on the organizational restructure and new merger. At the farthest, it may engage the full rigor of project management best practices utilizing robust Project Management (PM) methodology (such as those propounded by PM Institute, US or PRINCE, UK) and adoption of the diverse automated devices (e.g. Microsoft Office Project, full with recruitment of completely trained full time project supervisor or controller to organize the convoluted method (Allinson 2007 45).

Construction of Touprom's new project engages construction nine positions, a 32.5-hectare upkeep centre, and laying 88 km of pathway along with a path line comprising 13.4 km of viaduct, 14.7 km of tunnels and 2.4 km of exterior alignment. The project furthermore needs the purchase of 154 new train vehicles, and the setting up of a state-of-the-art “Seltrac” indicating scheme simultaneously with other endeavored and checked, up to date trains schemes along the line, encompassing traction power and overhead line, telecommunications, major command scheme, etc.

 

Project Background

The major target of the project management scheme for Touprom is to double-check that the new trains is requested securely, on time, inside allowance, and to the approval of all the stakeholders (Barkeley 2004 56).

 

Contracting and Procurement Strategies

KCRC has established a procurement scheme for Touprom next equitable, open and comparable tendering practices in agreement with the World Trade Organization procurement rules. Contract situation set out in the KCRC articles are founded on ICE and FIDIC obligations, both being internationally identified standards. The genuine wording of the contractual clauses furthermore sketches upon the know-how of Hong Kong's Airport Core Programme and the diverse periods of agreement utilized by Government, the MTR Corporation and the Airport Authority. Tourprom adopts two contracting advances, one is to blend the conceive and the building works into a lone design-build (DB) agreement, and the second is to distinct the conceive undertakings from the works, producing in design-only agreements in addition to distinct construct-only (CC) contracts. These two distinct advances are utilized for advanced flexibility and cost-effectiveness, the alternative counting upon the environment, magnitude and complexity of the works involved. In periods of agreement wrapping, the comprehensive municipal technology conceive of Tourprom is divide into 5 ...