Synoptic Approach To Project Management Case Analysis

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Synoptic Summary The Wembley Stadium project by WNSL is defined as unsuccessful project that fails to perform on completion date and is an unpleasant event that cost large amount of money to the organization. A project is considered a failure “whenever a project does not meet the expectations of the stakeholders”. The cost and time overruns, quality degradation, inaccurate estimates, inexperience in project management, lack of change management, lack of risk management and many more. The method of avoiding project failure, a project manager must have a number of skills to use during the project to guide the rest of the team to successfully complete all the objectives. As a project manager, I will select a new contractor and subcontractor…show more content…
To estimate the completion time must be more realistically and efficiently. The time frame is to define a work package and milestone to achieve targets. The costs are budgeted and keep tracking to ensure the project cost within the budget. It should not be fixed as baseline until after the completion of the engineering phase. Project manager must be able to exert interpersonal influence, excellent communication and strong leadership skills. With the ability to handle stress, problem solving, behavioural characteristics can lead to inspire the project team to succeed and win the confidence of the client. The Project Management Institute defines project management as “the art of directing and coordinating human and material resources through the life of a project by using modern management techniques to achieve pre-determined goals of scope, cost, time, quality and participant satisfaction” (Smith 2002). Therefore, for a project to be successful, the methodology employed for the execution is very important. Requirements, statement of work, risk assessment and schedule estimates must align when during the initiation of a project. The research methodology are as

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