Project Management Assignment 2 Van Lo

Topics: Project management, Marina Bay Sands, Area Pages: 7 (1638 words) Published: November 11, 2014
Executive Summary
This main objective of this report is to develop a project which is Marina Bay Sands, a large resort in Singapore. It is one of the most luxury resorts in the world which include casino and restaurant. This report will first give a brief overview of the project which explain what the project was and the context in which the project occurred. Secondly, project stakeholder and description of how the project was managed will be analyzed. Lastly, there will be a critical analysis of the project outcome.

Introduction
Marina Bay Sands, a luxury resort located opposite to Marina Bay in Singapore, is considered as the world’s most expensive independent casino property which costs a total amount of US $5.7 billion including the land cost (Archinnovations). Marina Bay Sands was designed by Moshe Safdie and developed by Las Vegas Sands, an American casino and resort operating company based in the USA. “Marina Bay Sands is really more than a building project, it is a microcosm of a city rooted in Singapore’s culture, climate, and contemporary life,” says architect Moshe Safdie. “Our challenge was to create a vital public place at the district-urban scale, in other words, to address the issue of mega scale and invent an urban landscape that would work at the human scale” (Archinnovatons). The resort was officially opened on 23 June 2010 at 3.18 pm featuring a 2560 hotel rooms which include Deluxe, Premier, The Club and Grand Club rooms serving from lower class to higher class. Moreover, the resort also brings together an art & science museum, convention-exhibition Centre, two theatres, a shopper mall, six dining restaurants and the world’s largest “atrium style” casino features four levels of gaming and entertainment in one space located in the middle of the resort provides over 500 gaming tables and almost 2500 slot machines1. Not to mention there is an infinity swimming pool sitting on the top of Marina Bay Sands giving swimmers the feeling that they never experienced before.

Project Stakeholder Analyze
“A stakeholder in an organization is any group or individual who can affect or is affected by the achievement of the organization’s objectives” (Freeman 1984). For example, a project leader, a project customer or a project team member can be considered as a stakeholder as long as they are actively involved in a project. The main stakeholder as well as sponsor of Marina Bay Sands project is Las Vegas Sands, an American casino and Resort Company, the role of the sponsor is to provide funding and resources in order to develop Marina Bay Sands. Moreover, Marina Bay Sands attracts many of foreigner’s visitors every year which make a large contribution to the resort, according to Mr. Adelson: “The foreigners come in Marina Bay Sands with more money than the local Singaporean”. It’s a commonsense that people tend to bring more money with them when going oversea because they’re there less frequently. Besides sponsor and visitors, Marina Bay Sands also has some other stakeholder such as project manager and project team members. The role and responsibilities of project manager is to manage and execute the project to completion, whereas the roles of project team members is to carry out the project tasks to support objectives in order to achieve the project's goals.

Description of how the project was managed
Marina Bay Sands’ project was a unique project therefore it has to be well managed. In order to do this we need to divide it in several stages. The very first and most important stage in any project is to define the scope of the project. For example, what need to be accomplished by managing the project? What are the objectives of doing this project? In this project, we decided that the scope and objectives of the project is to build an integrated development that is everlasting, a landmark that possesses a distinct identity which will distinguish Singapore from other cities. Secondly, the available...

References: Clark, W, 2011, Risk Management or How to Avoid Construction Disputes, Construction Law Bulletin, viewed 10 October 2013
http://www.cwilson.com/component/cwnewsletters/article/770-risk-management-or-how-to-avoid-construction-disputes.html
Freeman, R.E. (1984) Strategic Management: A stakeholder approach, Pitman, Boston
Holmes, S 2012, Singapore’s Marina Bay Sands Sees More Foreign Gamblers, Southeastasiarealtime, viewed 16 October 2013,
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