Project management - sports pavillion at St. George's College Essay

Project management - sports pavillion at St. Georges College - Essay ExamplePART A INTRODUCTION The project understudy is the produceion work to extend and alter the sports pavilion at St Georges College and development of accommodation for Warden in and committee room. This project is taken as the comminuted opportunity generally for the following reasons The college is situated within densely populated area within city hence, there is mellowed risk associated with the construction work to be completed within defined frame. On-time completion is excessively critical as work is scheduled within holiday season. Project has high social value for the world provision of services to college. Successful accomplishment of the project is linked with the projects of two more schools. Hence, the project is taken with more responsibility orientation with clients defined framework of task to be well-mannered within time (most important), cost, gauge and risk. PROCUREMENT ROUTES The proc urement of the project is guided by three possible options which are as follows (Curtin University of Technology, n.d.) Traditional Approach Design and Construct Management Fee Each of the instrument carries suitability for some while costing other. For the under study project it is suggestible for the client to absorb the procurement route of Design and Construct with complete package by supplier variant. Design and construct entails hiring of the consulting steadfastly (project manager) that develops rule for the clients requirement and further hires contractor for the construction services. It will aid client with a single point of contact as the management intend to have least(prenominal) involvement in overall construction process. It is also suitable for the college management based on their judicial admission mentioned. Discussed below is the evaluation of the mechanism with respect to set criteria Time Fast tracked as the design and the construction can be carried in parallel. It also ensures the completion of the project on date which is truly critical in the case understudy. Cost It also provides accurate estimate of the cost. Quality This method is since non as quality oriented as management fee method but ensure quality construction according to the defined needs of required construction. Risk aligned with the need of the college management, this method also carries minimum risk on part of employer and almost all risk is born by contractor. accustomed below is the reflection of methods and associated risk (Curtin University of Technology, n.d.) Hence, the procurement method of design and construct can be justify as the most suiting method to the need of college management with facilitating of a single contractual firm that integrates design and construction expertise and accountability resting within one firm. RISK MANEGEMENT Success of the project is non only dependent on the accuracy of planning but is also dependent on take occupy of consideration given to risk management. Simple to state, risk is the probability of not achieving the stated goal, since single aim of every objective is to accomplish it successfully hence it requires projects to identify, analyse, asses and manage likelihood and impact