Project management is the broad term that uses for managing the activities related to a project by focusing on the initiating, planning, executing, monitoring and control and closing. The project manager is responsible for managing project activities by dividing the tasks as per the project plan. For a successful project completion, it is essential to identify and manage the risks that can impact the outcome. Strategic risk management is the process of identifying, quantifying and mitigating the risk for the particular project by considering the objectives. The current report will provide information about the redevelopment of ANZ Stadium in Sydney. The stadium is having significant contribution in organizing the sporting events in the country. The top authority of stadium is looking to increase the capacity and improvement in the facility areas. The report will provide information about scope, objectives, and stakeholders that will take active participation in the project management. Moreover, the report will discuss risks and scheduling of the tasks to complete the project in the estimated cost and time.
The redevelopment project for ANZ Stadium is going to be undertaken for increasing the capacity of the stadium and facility for the visitors. The redevelopment of the stadium will help the leading authorities to increase the seating capacity by 40000 to 45000. Moreover, the authority is looking for improving the experience of fans. The cost of this project would be high and create the dispute between the state and national government for allocation and arrangement of funds. The project manager will be responsible for planning the activities and offering the guidelines for team members to meet the objectives. The scope of the project involves the effective utilization of the existing infrastructure of the stadium and develops a sustainable plan for redevelopment. The focus of the project manager will be on budget, risk and proposed outcome of the project. Apart from that, the project manager will analyze and implement the standards of construction for the ethical and legal approach in the planning and execution of the project.
Following are the key objectives of the project of redevelopment of ANZ Stadium:
The project manager will consider the following objectives for developing the plan for the redevelopment of the stadium. The proper consideration of objectives will be helpful for determining the budget and standards that need to be focused on maintaining the sustainability of the project. The expected time for achieving objectives is the end of 2019. The project manager will make the breakdown of activities according to the time frame and arrange the resources.
Table 1: Resource
Resources |
Requirements |
Human resource |
· Project manager · Administrator team · Supplier · Workers · Supervision · Architect |
Financial resources |
Provided by the management authority and government |
Technical resources |
· CCTV · Security tools · Fire alarm · AC · Communication network |
Other |
· Machinery · Ladders · Health and safety equipments · Transportation vehicles |
Following are the internal and external stakeholders for the project of redevelopment of ANZ Stadium:
Authority: The stadium is managed by ANZ authority for organizing the sporting events and other functions. For the redevelopment of the stadium, the managing authority will provide information about the requirement and allocation of funds for maintaining the construction work. The main objective of this stakeholder is to meet the future needs of the stadium through the redevelopment project.
Employees: The employee of ANZ stadium will coordinate with the project management team for managing the activities related to documentation, fund planning, the offering of assessing of particular location and map of the past construction for implementing the changes. The employees of the stadium will also monitor the work of the project team as per the standards. The aim of employees of ANZ stadium is to keep the record of each activity related to construction.
Project manager: The project manager will be the key stakeholder of this project as he will manage all tasks from planning to the closing of the project. The project manager will communicate with ANZ authority and provide the information of the plan to team members. The role of the project manager is to develop the plan on the basis of requirement of redevelopment, allocate the budget, offering of role and responsibility to team members and evaluate their performance according to KPI’s.
Supplier: The supplier will play the critical role in managing construction project and complete it according to the proposed time. The project manager will make the agreement with suppliers for offering the construction material on time and with quality assurance. For this project, the supplier will provide their support for earning the profit by offering the material.
Supervisor: In order to manage the project, the stakeholder list involves the supervisor. The supervision of the big project will be responsible for monitoring and controlling the operations related to the construction plan and communicates the issues and performance of team members to the project manager for further decision making.
Workers: The project will be implemented by the worker as per the guidelines of the supervisor and project manager. The worker will perform operations according to the project plan and follow the instruction of the project manager to increase the efficiency and effectiveness of the project. The objective of the worker through this project is to gain monetary benefits for the day working.
Government: The government bodies will influence project plan and operations. The role of government in this project would be monitoring of tasks according to rule and regulations of national standards of construction. Moreover, the government will provide the access of resources for construction to the authority of ANZ and project team.
Environmental bodies: The environmental bodies will contribute in the project by offering guidelines for proper waste management and follow of environmental laws for construction. The project manager will coordinate with the head of environmental bodies and make the appropriate changes in the project plan.
In order to manage the project of construction, there are various types of approaches shave been used by the project manager to achieve the goals and objectives in a determined manner that include waterfall and agile. The current project is about the redevelopment of ANZ stadium to increase the seating capacity and facilities for the fans and players. The project manager can apply the waterfall model approach for managing the project activities and operations. The consideration of the waterfall model for managing project will help in the breakdown of project activities in small functions and proper management according to standards and regulations. The implementation of the waterfall model in project planning and implementation will increase the efficiency and effectiveness of the redevelopment project. Following are the key steps of the waterfall model that used for managing the project:
Clarity in requirement and scope: To develop the effective project plan and proper consideration of operational actions to meet the specification and desired standards in the reconstruction of the ANZ stadium, the clarity in the requirements and scope is essential for every individual who is part of it. For example, to increase the clarity about the process and progress of the project, the project manager will conduct the meetings with stakeholders and provide the information about the scope and actions that going to be taken by the project team. Moreover, the manager will offer information for resources, utilization and standard requirements to avoid confusion. The information related to schedule and risks is essential for managing the project operations.
Analysis: For increasing the possibility of success in the project, it is important to conduct the analysis of all operations. The project is going to be completed by end of 2019 and analysis of technical, legal and financial aspects is helpful for maintaining the effectiveness. The analysis will support to develop the contingency plan and revise the time and budget of the redevelopment project. In order to analyze and manage the risks in the big construction project, the manager will conduct brainstorming sessions and collect the feedback from the team members. This kind of approach will support to identify and mitigate the potential issues in the project to increase the success.
Design and scheduling: To manage the project of the redevelopment of ANZ stadium, the designing, and scheduling of the tasks is essential for the arrangement of resources and offering the role and responsibilities to the team members. The project manager will schedule the activities as per the scope and consult the architect for design. The major activities of scheduling involve the initiation, planning, design, and implementation, monitoring, and closing. Additionally, the scheduling of the task will consider the milestone activities, subtasks and allocation of the resources as per the requirements. The proper consideration of design and schedule will improve the effectiveness of the operation and help to meet the deadlines of the activities.
Implementation: According to the waterfall model for managing the project, after planning and scheduling of the task, the project team will implement the activities. The team members will follow guidelines and instructions of the project manager to meet the specification of the tasks. In the stage of implementation, the consideration of project management principles and regulations that proposed by NSW authorities will play a critical role. Moreover, the project team will work according to the KPI’s to maintain their performance. The project manager will monitor the work and review the documentation provided by the supervisor to maintain the flow and specification of the redevelopment of ANZ stadium.
Support and maintenance: After the successful implementation of the plan, the support and maintenance are required to overcome the issues. The project manager will evaluate construction work according to standard proposed by the ANZ authority and government for managing the redevelopment. The timely review and support from the project team will also help in improve the outcome and meet the objectives of the redevelopment. For example, the project manager will collect feedback from the authorities and surrounding people for analyzing the issues and provide the input to overcome them.
For redevelopment of ANZ stadium, the management plan will focus on the needs and requirements that proposed by the authority. The management plan for the project will involve work breakdown, scheduling, budgeting and consideration of deliverables. The proper utilization of resources and allocation will finalize in the management plan. The estimated time of the completion of the project is the end of 2019 and the budget is $ 2 billion. The project manager will develop and make changes in the plan by considering the following deliverables:
The project manager will focus on these deliverables for the redevelopment of ANZ stadium. For that, the manager will identify the potential supplier, machinery, security equipment and develop the contract by analyzing the optimum cost and quality. The training and development sessions will be arranged by the project manager before starting the construction work to provide the necessary information to workers and improve their understanding related to the requirements. Apart from that, management planning will involve the analysis of the cost of each activity and tools that required for completing the task with effectiveness. The tacking and communication of information will manage through the online sources like email and text messaging.
This kind of approach will support in the offering of data in real time to eliminate the delay in the project as well as the collection of documents for analysis. Moreover, the payment and inventory of raw material will be managed by the supervisor by considering the requirements of the construction team and the phase of the construction. In spite of that, the management plan will also focus on the health and safety training and implementation of equipment which is an important part of construction work. The project manager and head of the different team will provide the safety-related information and utilization of equipment in the case of emergency.
Work Breakdown Structure (WBS) is an essential element of project planning and implementation that helps to provide the breakdown of the large operations into small tasks that improve the monitoring and consideration of standards for each task. The project manager develops the work breakdown structure for developing the subtasks of the activities like initiation, planning, design, and implementation as well as budget, resource planning, monitoring and closing of the project. The WBS is designed and used according to prioritization of activities and needs of the ANZ authority for the redevelopment of the stadium. The WBS provides in-depth knowledge about the activities and functions that have a significant role in the construction work and achievement of goals and objectives of the project plan. The project manager and project team are responsible for developing and executing the plan for the redevelopment of stadium and arrangement of resources. The allocation of funds and consideration of machinery requirements also been done through WBS.
Task Name |
Duration |
Start |
Finish |
Predecessors |
Resource Names |
Cost |
Project |
12.45 mons |
Mon 15-10-18 |
Thu 26-09-19 |
$147,000.00 |
||
Initiation |
1.2 mons |
Mon 15-10-18 |
Thu 15-11-18 |
Project manager |
$17,120.00 |
|
Identification of requirements |
1 mon |
Mon 15-10-18 |
Fri 09-11-18 |
Project manager ,Project team |
$8,800.00 |
|
Analysis of scope |
0.05 mons |
Mon 12-11-18 |
Mon 12-11-18 |
3 |
Project manager |
$280.00 |
Need of resources |
0.05 mons |
Tue 13-11-18 |
Tue 13-11-18 |
4 |
Project team |
$160.00 |
Stakeholder meeting |
0.05 mons |
Tue 13-11-18 |
Tue 13-11-18 |
3,4 |
Project manager |
$280.00 |
Objectives |
0.05 mons |
Wed 14-11-18 |
Wed 14-11-18 |
5 |
Project manager |
$280.00 |
Financial requirements |
0.05 mons |
Wed 14-11-18 |
Wed 14-11-18 |
6 |
Accounting ,Project team |
$320.00 |
Risk analysis |
0.05 mons |
Thu 15-11-18 |
Thu 15-11-18 |
4,8 |
Project manager |
$280.00 |
Planning |
3.3 mons |
Fri 16-11-18 |
Fri 15-02-19 |
9 |
Project manager |
$34,680.00 |
Analysis of existing design |
0.05 mons |
Fri 16-11-18 |
Fri 16-11-18 |
6,9 |
Project manager |
$280.00 |
Requirement of machinery |
0.05 mons |
Mon 19-11-18 |
Mon 19-11-18 |
11 |
Project team |
$160.00 |
Human resources |
0.05 mons |
Tue 20-11-18 |
Tue 20-11-18 |
12 |
Project manager |
$280.00 |
Suppliers |
1 mon |
Wed 21-11-18 |
Tue 18-12-18 |
13 |
Project manager |
$5,600.00 |
Health and safety |
0.05 mons |
Wed 19-12-18 |
Wed 19-12-18 |
14 |
Supervisor |
$200.00 |
Fund allocation |
0.05 mons |
Wed 19-12-18 |
Wed 19-12-18 |
12,13,14 |
Project manager |
$280.00 |
Standards |
0.05 mons |
Thu 20-12-18 |
Thu 20-12-18 |
15,16 |
Administrator team |
$160.00 |
Deliverables |
0.05 mons |
Fri 21-12-18 |
Fri 21-12-18 |
17 |
Administrator team ,Project manager |
$440.00 |
Risk management |
1 mon |
Mon 24-12-18 |
Fri 18-01-19 |
18 |
Project manager |
$5,600.00 |
Waste management |
1 mon |
Mon 21-01-19 |
Fri 15-02-19 |
17,19 |
Project team |
$3,200.00 |
Design |
1.4 mons |
Mon 18-02-19 |
Wed 27-03-19 |
20 |
Project manager |
$15,320.00 |
Design specification |
1 mon |
Mon 18-02-19 |
Fri 15-03-19 |
17,18 |
Project manager |
$5,600.00 |
Future requirements |
0.05 mons |
Mon 18-03-19 |
Mon 18-03-19 |
22 |
Project manager ,Project team |
$440.00 |
Environmental aspects |
0.05 mons |
Tue 19-03-19 |
Tue 19-03-19 |
23 |
Project team |
$160.00 |
Facilities |
0.05 mons |
Wed 20-03-19 |
Wed 20-03-19 |
24 |
Project manager |
$280.00 |
Accommodation and exit |
0.05 mons |
Thu 21-03-19 |
Thu 21-03-19 |
25 |
Project team |
$160.00 |
Parking |
0.05 mons |
Fri 22-03-19 |
Fri 22-03-19 |
26 |
Project team |
$160.00 |
Emergency exit |
0.05 mons |
Mon 25-03-19 |
Mon 25-03-19 |
27 |
Project team |
$160.00 |
Ventilation |
0.05 mons |
Tue 26-03-19 |
Tue 26-03-19 |
28 |
Project team ,Supervisor |
$360.00 |
Communication |
0.05 mons |
Wed 27-03-19 |
Wed 27-03-19 |
29 |
Administrator team |
$160.00 |
Budget |
0.3 mons |
Thu 28-03-19 |
Thu 04-04-19 |
30 |
Accounting ,Project manager |
$3,880.00 |
Banking institute |
0.05 mons |
Thu 28-03-19 |
Thu 28-03-19 |
22 |
Administrator team |
$160.00 |
Fund requirements |
0.05 mons |
Thu 28-03-19 |
Thu 28-03-19 |
23 |
Project manager |
$280.00 |
Allocation to team |
0.05 mons |
Fri 29-03-19 |
Fri 29-03-19 |
33 |
Administrator team |
$160.00 |
Documentation |
0.05 mons |
Mon 01-04-19 |
Mon 01-04-19 |
34 |
Administrator team |
$160.00 |
Salary |
0.05 mons |
Tue 02-04-19 |
Tue 02-04-19 |
35 |
Accounting |
$160.00 |
Medical facility |
0.05 mons |
Wed 03-04-19 |
Wed 03-04-19 |
36 |
Administrator team |
$160.00 |
Supplier payment |
0.05 mons |
Thu 04-04-19 |
Thu 04-04-19 |
37 |
Accounting |
$160.00 |
Resources |
0.35 mons |
Fri 05-04-19 |
Mon 15-04-19 |
38 |
Project manager |
$3,440.00 |
Human resource |
0.05 mons |
Fri 05-04-19 |
Fri 05-04-19 |
34 |
Project manager |
$280.00 |
Technical resources |
0.05 mons |
Mon 08-04-19 |
Mon 08-04-19 |
40 |
Project team |
$160.00 |
Machinery |
0.05 mons |
Tue 09-04-19 |
Tue 09-04-19 |
41 |
Project manager |
$280.00 |
Transportation |
0.05 mons |
Wed 10-04-19 |
Wed 10-04-19 |
42 |
Project team |
$160.00 |
Warehousing |
0.05 mons |
Thu 11-04-19 |
Thu 11-04-19 |
43 |
Project team |
$160.00 |
Tool and equipments |
0.05 mons |
Fri 12-04-19 |
Fri 12-04-19 |
44 |
Project team |
$160.00 |
Training |
0.05 mons |
Mon 15-04-19 |
Mon 15-04-19 |
45 |
Project manager |
$280.00 |
Implementation |
3.35 mons |
Tue 16-04-19 |
Wed 17-07-19 |
46 |
Project manager ,Project team |
$40,800.00 |
Operational function |
3 mons |
Tue 16-04-19 |
Mon 08-07-19 |
44,45 |
Project team |
$9,600.00 |
Scheduling |
0.05 mons |
Tue 09-07-19 |
Tue 09-07-19 |
48 |
Project manager |
$280.00 |
Resource allocation |
0.05 mons |
Wed 10-07-19 |
Wed 10-07-19 |
49 |
Administrator team ,Project manager |
$440.00 |
Guidelines |
0.05 mons |
Thu 11-07-19 |
Thu 11-07-19 |
50 |
Project manager |
$280.00 |
Design specification |
0.05 mons |
Fri 12-07-19 |
Fri 12-07-19 |
51 |
Project team |
$160.00 |
Environmental functions |
0.05 mons |
Mon 15-07-19 |
Mon 15-07-19 |
52 |
Supervisor |
$200.00 |
Consideration of KPI’s |
0.05 mons |
Tue 16-07-19 |
Tue 16-07-19 |
53 |
Supervisor |
$200.00 |
Communication |
0.05 mons |
Wed 17-07-19 |
Wed 17-07-19 |
54 |
Administrator team |
$160.00 |
Monitoring |
1.3 mons |
Thu 18-07-19 |
Thu 22-08-19 |
55 |
Supervisor |
$12,280.00 |
Monitoring of activities |
0.05 mons |
Thu 18-07-19 |
Thu 18-07-19 |
55 |
Project manager ,Supervisor |
$480.00 |
Analysis of feedback |
1 mon |
Fri 19-07-19 |
Thu 15-08-19 |
57 |
Project manager |
$5,600.00 |
Security |
0.05 mons |
Fri 16-08-19 |
Fri 16-08-19 |
58 |
Supervisor |
$200.00 |
Design specification |
0.05 mons |
Mon 19-08-19 |
Mon 19-08-19 |
59 |
Project manager |
$280.00 |
Collection of documents |
0.05 mons |
Tue 20-08-19 |
Tue 20-08-19 |
60 |
Administrator team |
$160.00 |
Risk management issues |
0.05 mons |
Wed 21-08-19 |
Wed 21-08-19 |
61 |
Project team |
$160.00 |
Supervision |
0.05 mons |
Thu 22-08-19 |
Thu 22-08-19 |
62 |
Supervisor |
$200.00 |
Closing |
1.2 mons |
Fri 23-08-19 |
Wed 25-09-19 |
63 |
Accounting ,Project manager ,Supervisor |
$19,200.00 |
Documentation |
0.05 mons |
Fri 23-08-19 |
Fri 23-08-19 |
63 |
Administrator team |
$160.00 |
Submission of resources |
0.05 mons |
Mon 26-08-19 |
Mon 26-08-19 |
65 |
Project team |
$160.00 |
Final budget |
0.05 mons |
Tue 27-08-19 |
Tue 27-08-19 |
66 |
Accounting |
$160.00 |
Salary |
0.05 mons |
Wed 28-08-19 |
Wed 28-08-19 |
67 |
Accounting |
$160.00 |
Support |
1 mon |
Thu 29-08-19 |
Wed 25-09-19 |
68 |
Project team |
$3,200.00 |
Final closing |
0.05 mons |
Thu 26-09-19 |
Thu 26-09-19 |
69 |
Project manager |
$280.00 |
The proper consideration of scheduling of tasks will be beneficial for the project manager and project team to maintain the effectiveness in the operations. According to schedule, the project will be completed within 13 months and the approximate cost of the project will be $147,000.00 that is not including the salary of workers and technical tools that going to be used in the final construction work for maintenance and support. The major activities of the scheduled tasks involve initiation, planning, design, budget, implementation, and monitoring. The project team will manage these activities according to subtasks and additional functions that considered through breakdown structure.
The major resources that take active participation in the project include the project manager, project team, supervisor, accounting and administrator. These human resources are responsible for developing the plan and implementation of activities accordingly. As per the scheduling of activities, the project planning will focus on the implementation and designing phase of the redevelopment of ANZ stadium. In addition to this, the documentation and closing of the project also play the critical role in the project success. The record of data and performance of the team members will also essential for developing the final report and confirmation of objectives. The information will also require for future construction work for ANZ stadium.
The Gantt chart is offering detail information about the relationship among the operational tasks of the reconstruction project of ANZ stadium. The project manager and team members will follow the task according to allocated time and resources to meet the objectives more professional manner. The tracking of activities will be done through the Gantt chart and helpful for managing the resources and supply of the raw material for construction. In addition to this, the analysis of action and future requirements can also be tracked through the Gantt chart.
Change management and control play a critical role in the completion of the project. The project manager and ANZ authority are responsible for identifying and implementing the changes in the scope, requirements and operational scheduling. However, the implementation of changes after planning could affect the cost and time of completing the project. Following are the objectives of change management plan that considered for implementing the changes:
Following are the authorities that approve and implement the changes in project:
Change management steps:
Risk management is an essential process that considers for identifying and mitigating the risk factors in the project. The construction project involves various types of risk that can influence the outcome and cost of the project. The proper consideration of risk and implementation of the strategy to overcome the risks will be beneficial for the maintaining the effectiveness of the project as well completion of activities as per the estimated plan. The risk management plan of the project will consider the following assumptions:
Implementation of risk plan and function will be communicated to project manager
Table 2: Risk register
Table 3: Risk matrix
Unpredictable Risks |
Predictable Risks |
Non-Technical Risks |
Technical Risks |
Legal Risks |
Natural Disasters |
Budget Risks |
Accidents on the event |
Are the Pre-project Activities viable? |
Risk for fulfilling the contract |
Man-Made Disaster |
Workers Availability |
Workers Misconduct |
All tools working well? |
Brach of environmental policies |
Deliverables are on track? |
Cost Fluctuation |
Availability of required technicians |
||
Environmental Impacts |
Absenteeism of management staff |
Delay in supply |
||
Loss of potential |
Risk specific to technology |
In order to overcome the risk in the redevelopment project of the ANZ stadium, the project manager will use the acceptance and mitigation strategies. According to these strategies, the project manager will identify and accept the risk like fund management, lack of human resources and supply of the raw material. The manager will maintain the inventory of the essential raw material that will help to overcome the delay in the project. Apart from that, the mitigation strategy of risk will involve health and safety issues, training and management of human resources natural disaster and technical issues related to the utilization of machinery. The risk management strategies will require the proper control and monitoring of the operations to maintain the effectiveness and identification of root causes that might affect the success of the redevelopment project. The consideration of these strategies will improve the decision making and design flow of construction to meet the objectives and deliverables.
An effective communication plays an important role in the success of any project activity. It is very important for the project authorities to establish efficient communication plan in order to ensure the effective and correct flow of information among the team members. The project team of the redevelopment of ANZ Sydney stadium would communicate by using various means like emails, meetings, discussions, to-do-lists and written documents. The required important information would be conveyed from the upper levels to the lower levels members or stakeholders involved in the project. It is essential to ensure that the right and accurate information is been conveyed to the individual engaged with the project activities. The communication plan for the current project of the redevelopment of ANZ Stadium in Sydney is described below:
Table 4: Communication plan
Stakeholder |
Communication Method |
Frequency |
Responsibility |
Notes |
Key stakeholders |
Formal meeting |
At the initiation of the project |
Project management |
The team and key stakeholders refer initialing meetings. |
Project manager |
Formal discussions and meetings |
Daily and weekly |
Project management |
Manage team, discuss about project and convey set goals. |
Project sponsors |
Status of the project through emails |
Monthly |
Project manager |
Review status, discussion of the progression and values earned out of the same. |
Project Team Members |
Informal and formal meetings, discussions, instant messaging, emails, reports |
Daily |
Project manager |
Discussion related to the project, issues, and risks out of the project |
Financial managers |
Formal meeting and emails |
Monthly |
Project manager and supervisor |
Information related to the financial resources and the required funds |
Supervisors |
Formal and informal meetings |
Daily |
Project manager and team members |
Information related to project progress, issues and objectives |
Other higher authorities |
Direct communication through meetings |
Monthly or when needed |
Project manager, sponsors and supervisor |
Any change requirements and important factors must be disclosed |
The above table includes the description of the stakeholders and the communication method to convey the information among them. It would contribute to ensuring an effective flow of communication of important information regarding the project and be in touch with the key stakeholders of the project of the redevelopment of ANZ Sydney stadium.
With the intention to ensure quality management in the project, the manager would make use of the PDCA model of Total quality management. The PDCA model is basically the abbreviation of the plan, does, check and act. The manager would implement the model within the framework of the project so that to meet the quality standards in the redevelopment of ANZ stadium. Below is the description of the implementation of TQM in the project:
Plan: The manager here would identify the issue which requires to be addressed and acquire relevant information related to the stadium. It would also identify the root cause behind the redevelopment; asses best possible intervention, schedule corrective process by making the plan and map the process through flowcharts.
Do: The do phase of the model would include the development of the project plan and execute corrective actions for the ANZ Stadium in Sydney. The manager would ensure to follow the plan effectively and prepare specific instructions for the team members for complicated tasks in the project.
Check: The manager would then check and inspect the quality by comparing the before and after data related to the project of redeveloping stadium. It would even help in reviewing the outputs of the process followed in terms of success and failures out of the project.
Act: The final phase of the model for total quality management would enable the manager to document the results and inform the stakeholders about the process changes if required. The manager would also utilize the quality control tool such as check sheet in this process. The tool would help in documenting the real-time progression by collecting and evaluating the data available out of the project progression activities specifically.
Thus, the project manager of the redevelopment of stadium in Sydney project would be highly beneficial out of the quality management model in meeting the set quality standards out of the same.
Procurement management refers to supply and management of raw material that required for managing the operation of the redevelopment of the ANZ stadium. The analysis of requirements of raw material will be done by the manager for different construction aspects and effective utilization of them. The project team will use logistic control model for procurement management. According to this model, the manager will analyze the cost and quality of the different suppliers and develop the contract with them by applying the bidding concept. The kind of approach will help the manager and project team to maintain the record of the raw material and flow as per the requirements. The quality and cost will be a major concern for the project manager in developing the contract with the supplier for procurement. In addition to this, the manager will follow Green guidelines for managing procurement which is essential for environmental safety and waste management. However, there are some factors like lack of communication, delay in payment and lack of monitoring of inventory of goods and services could affect the procurement management process of the project. To overcome the impact of the issues the, the project manager will conduct the analysis of needs and make the prior orders for the material related to construction and machinery. This will help to maintain the flow of operations and reduce time and cost of the construction.
Conclusion:
From the above study, it can be considered that project management is a broad approach which helps to maintain the operations and activities in a planned manner. The report has provided detail information about the redevelopment of ANZ stadium Sydney and proposed the plan for construction. The major stakeholders of the project are the project manager, team, supplier, government bodies and environmental regulatory. The report has also provided information related to scheduling, work breakdown structure, risk management, and communication plan. These are important elements of the project plan that plays a critical role in the success of the redevelopment of ANZ stadium. The effective utilization of resources and planning of the team members also discussed in the project that will help in the implementation of the project. Moreover, the report has explained the quality management and change management approaches that used for managing the project according to deliverables and standards that proposed by the ANZ authority for redevelopment.
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