03 May EXPLAIN WHETHER THE CASE STUDY PROJECT ACHIEVED FINANCIAL SUSTAINABILITY.
Part C of the assessment allows the student to examine and analyse the challenges, stakeholders and financial aspects associated with the case study project. In preparing for this component, particular attention should be paid to the article ‘Innovation in Megaprojects: System Integration at London Heathrow Terminal 5 (Davies, Gann, & Douglas, 2009) and the six processes it calls out when examining challenges and the Indus Towers case study which highlights the complexity introduced when goal congruence amongst multi-stakeholder groups is sought.
As a guide, Part C Final Report (and associated analysis of the case study) MUST address the following 13 requirements: Integrated Infrastructure Project Management
Identification and Assessment of Key Challenges;
Identification and assessment of the key challenges experienced in the project (explicitly address the challenges in moving from project to operational status)
Explain how project leadership managed and overcame these challenges
Identification of opportunities for improvement in the management of the projects challenges
Stakeholder Analysis:
Approaches in public-private partnership case study project to identify stakeholders, assess their level of involvement and interest, the representative groups (e.g. whether the stakeholders include governmental, political or regulatory bodies), and why you feel they are or are not included
Did the case study highlight any effective attributes of public-private partnerships?
Analyse the level of involvement and interest in the case study project by each
Integrated Infrastructure Project Management
stakeholder
Analyse the potential tensions that may exist between the various stakeholder groups and how optimal trade-off between such tensions was achieved
Explain how the stakeholders needs were addressed and how competing interests between private and public stakeholders were resolved
Identification of opportunities for improvement in managing stakeholder interests Funding Model and Financial Arrangements
Identify what financial arrangement and/or funding model(s) were used on the case study project and why
Explain whether the case study project achieved financial sustainability. If so, explain why, and if not, explain why not and what was done to address this.
Evaluate whether the trade-offs between building infrastructures and providing services was an issue for the case study project. If so, identify the trade-offs and explain their impact on the project.
Highlight any opportunities for improving the management of project finances for the projects and the mechanisms and methods to be followed to achieve best practice
In considering these requirements, always be mindful of, and reflect on, the findings and the lessons learnt from the case study and how they can be applied in your own personal development and professional career. Highlight any specific instances where your strengths and limitations as a project manager or manager have been identified.
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