Preview

Project Planning and the Twin Towers

Powerful Essays
Open Document
Open Document
1464 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project Planning and the Twin Towers
PETRONAS TWIN TOWERS AND THE PROJECT PLANNING CYCLE

PROF. TAN SRI DR. SULAIMAN BIN MAHBOB
KPB3263
PROJECT PLANNING AND DEVELOPMENT

SYAHRUL NIZZAM BIN NORDIN
KLC1080107
OCTOBER 1, 2012

INTRODUCTION
In many developing countries including Malaysia, project planning has been criticized by the World Bank and other organizations for the lack of executing projects, such as delays, corruption, etc. However, project planning is becoming an “increasingly important role in the public administration of developing countries” and “have become critical components of development assistance and basic building blocks in the development process” (Rondinelli 1). In every project planning, there is a basic process, and this process is called the project planning and management cycle which consists of twelve stages. As many may know, the Petronas Twin Towers is one of the biggest and most successful mega projects in Malaysia, as it helps create a refine image for Kuala Lumpur, increasing attraction for many tourists.

STAGES OF PROJECT PLANNING AND MANAGEMENT CYCLE 1. The first stage of this project planning and management cycle is Project Identification and Definition. In this stage, microanalysis and macro analysis are performed, including set up of immediate and long-range objectives, identification of beneficiary groups or target areas. When Tun Mahathir, Malaysia’s fourth Prime Minister took office, he had a vision to make Malaysia prosperous, through the increase of investments, tourism, manufacturing etc. He wanted to put Malaysia in the world map, and by establishing a high rise office building, preferably one of the tallest in the world, Malaysia would be known. That was the micro and macro analysis. By having foreign investments and investors, with the increase in tourism, it would help with the growth of the Malaysian economy. 2. The second stage is Project Formulation, Preparation, and Feasibility Analysis. In this stage, the location is

You May Also Find These Documents Helpful

  • Powerful Essays

    References: [1] North S, Winch GM, Dawood N, Heesom D, Kelsey J, Sriprasert S, Technical evaluation: VIRCON Task 12 report UMIST, a VIRCON project report, 2003. [2] Laufer A, Howell GA, Rosenfeld Y. Three modes of short-term construction planning. Constr Manage Econ 1992;10:249–62. [3] Laufer A, Tucker RL. Is construction project planning really doing its job? A critical examination of focus, role and process. Constr Manage Econ 1987;5:243–66. [4] Laufer A, Tucker RL, Shapira A, Shenhar AJ. The multiplicity concept in construction project planning. Constr Manage Econ 1994;12:53–65. [5] Laufer A, Tucker RL. Competence and timing dilemma in construction planning. Constr Manage Econ 1988;6:339–55. [6] Laufer A. A micro view of the project planning process. Constr Manage Econ 1992;10:31–43. [7] Turner JR. The handbook of project-based management. 2nd ed.. London: McGraw-Hill; 1999. [8] Winch GM. Managing construction projects: an information processing approach. Oxford: Blackwell Science; 2002. [9] Goldratt EM. Critical chain great. Barrington: The North River Press; 1997. [10] Barber P, Tomkins C, Graves A. Decentralised site management – a case study International. J Proj Manage 1999;17:113–20. [11] Ballard G, Howell G. Shielding production: essential step in production control. J Constr Eng Manage 1998;124:11–7. [12] Faniran OO, Love PED, Li H. Optimal allocation of construction planning resources. J Constr Eng Manage 1999;125:311–9. [13] Kelsey J, Winch G, Penn A. Understanding the project planning process: requirements capture for the virtual construction site Bartlett research paper 15, a VIRCON project report: University College London; 2001. [14] Heesom D, Mahdjoubi L. Technology opportunities and potential volume 2: project planning software, a VIRCON project report: University of Wolverhampton; 2002. [15] Rummler GA, Brache AP. Improving performance: how to manage the white space on the organization chart. San Francisco: Jossey-Bass; 1995. [16] Winch GM, Carr B. Processes maps and protocols: understanding the shape of the construction process. Constr Manage Econ 2001;19:519–31.…

    • 6037 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    Historically, in world of business, it is recognized that corporate strategic planning, including project selection, lies on the efforts of executive managers. Project planning and execution on the other hand are done by project managers (Milosevic & Srivannaboon 2006). However, opinion are gaining grounds among scholars that such approach causes disconnection between the strategy and project, and is strongly related with the poor growth in project performances of the past ten years (Standish, 1994-2004; Thiry 2005; Ginevri & Beraha 2006).…

    • 4544 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Project Management

    • 1126 Words
    • 4 Pages

    • Initiation: This step determines the nature and scope of the project. All the basic elements of the project like requirements analysis and feasibility, review of current operations, goals are determined. It is the most crucial stage and if performed incorrectly, results in the failure of the whole project.…

    • 1126 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    The most common characteristics of a project are implementing objectives, possessing a definite life span with a start and a finish, participation, a specified time frame, a defined unit of cost a performance. Almost every project has constrictions such as cost, time, and a scope. Every project will have a beginning and an end, cost, and management tasks that will determine the success or failure of the project. A project involves a managing process that involves the application of knowledge and skills, techniques and tools, and the development of tasks to meet all requirements of the project. Project management is defined as “a set of principles, practices, and techniques applied to lead project teams and control project schedule, cost, and performance risks to…

    • 1109 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Pinto Pm2 Tif Ch07

    • 4029 Words
    • 17 Pages

    4) The period of highest risk impact for a project risk exists primarily in the:…

    • 4029 Words
    • 17 Pages
    Better Essays
  • Good Essays

    The lack of planning out a project causes a variety of emotions from confusion and frustration with all members involved, the planning process starts at the introduction of the strategic plans for the whole organization. There are three levels of the planning process and these three steps create and implement the strategies for the accomplishment, these steps are strategic, this process occurs at the highest level of the organization and has a time frame of over five years. The tactical stage time frame is one to five years and concentrates on the production planning and integrates organizational resources at a lower level for the entire enterprise and the intermediate duration, and the operational part looks at the daily operation of local resources and happen in the current or short term (Whitman & Mattord, 2014).…

    • 705 Words
    • 3 Pages
    Good Essays
  • Better Essays

    After the project has been planned it is time to begin executing the project lifecycle. At this point, the project manager integrates two groups of project management processes. Some of these processes are classified as “executing” and some are classified as “monitor and control”. This plan focuses on the “executing” project management processes. It has seven main steps.…

    • 1106 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Greendale Stadium Case

    • 1281 Words
    • 6 Pages

    Gray, C., Larson, R. (2008). Project Management: the managerial process (Fourth Edition). Singapore: Mc Graw Hill, International Edition.…

    • 1281 Words
    • 6 Pages
    Better Essays
  • Best Essays

    Reynolds, D. (2009, May 13). Phases of project management: Planning. Bright Hub weblog. Retrieved from www.brighthub.com/office/project-management/articles/1673.aspx…

    • 1343 Words
    • 6 Pages
    Best Essays
  • Good Essays

    The next step would be initiating the process. This means that a team would be assembled and the overall project is outlined to detailed specifications. This includes strategic planning, like how long the project will take, how many steps will take place, and what tools will be needed to execute the project.…

    • 754 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Project management is a vital method to the economic process of a company. The advantage of project management is that the capability of achieving improved productivity and provides a company with quality within the work atmosphere. After you strive against a project, the target is to set up, deliver, and end the task at hand. Therefore, there are a unit techniques and steps to require once beginning a project. The project life cycle uses four stages to develop a purpose start line place to begin And a finish point. “The four stages are: defining, planning, executing, and delivering. The project manager is the person who would handle these functions and motivate his or her team to help in the process of completing the project” (Larson & Gray, 2014).…

    • 577 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Project Management

    • 1088 Words
    • 5 Pages

    A project has some factors such as unique goals, required outcomes, time, designated budget, specialist resources, client, stakeholders, and degree of complexity. The project management is the discipline of planning, organizing, motivating and controlling resources to achieve special goals. Additionally, to manage a project, sometimes people should find the solutions to the problems. And also need to balance time, cost, resources and specification decisions. A project manager is the person who looks into the application of knowledge, tools, skills and techniques to organize and control the project process. Obviously, most people are willing to take on as much more than they can handle. Actually, nobody can handle everything; there are so many objectives in one project planning. Here are two cases of project management…

    • 1088 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Unit Plan

    • 3461 Words
    • 14 Pages

    This unit examines the fundamental principles, strategies and approaches used in project management across a number of industries, for example planning and development, tourism, manufacturing, sport and events. The unit covers…

    • 3461 Words
    • 14 Pages
    Good Essays
  • Good Essays

    Cis207

    • 776 Words
    • 4 Pages

    The planning phase determines which systems are required to support the strategic goals of the organization and to deliver organizational benefits. Projects are selected for further phases dependent upon their prioritization within the portfolio of projects in queue for an organization. Once done, a feasibility study should be conducted that will determine if the project is feasible to be undertaken. Finally, a high-level project plan should be developed with the appropriate work break down structure.…

    • 776 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Explain what project scope is and why it is important. Describe the areas of project feasibility that are examined in the analysis phase of…

    • 1348 Words
    • 5 Pages
    Powerful Essays