Project management Assignment Example | Topics and Well Written Essays - 1750 words

Project management - Assignment Example Thus, it was the world’s largest and most ambitious project being one of its kinds. The Palm Jumeirah was to be created from land reclamation by the company. The shape of the island would be that of a palm tree. The construction and the techniques would be used under the inspection of professionals in order to make sure that the project is carried out well. The island has to be made on a huge area which equals to the length of 800 football pitches. The project has to be planned critically so that the least number of issues are raised. This leads to the discussion of the main objective and strategy used in the planning of the project. Project Scope The objectives of the project will be set according to the requirements of the project. The initial aim of the project was set to improve Dubai’s economy, encourage tourism and build new costal areas. But most importantly, the aim of this project will be to be able to build the island successfully, and manage the maintenance f or a long period of time. To carry out these objectives, there are many technical requirements that have to be completed including the engineering, security and construction. The island will be entertained by many resorts and restaurants in order to attract the tourists. There also has to be a crescent island that surrounds the Palm Jumeirah and forms a breakwater. The project would need many professionals to be working on it along with the company so that the work is distributed. There have to be many departments in which the project work is divided. The project will be planned with proper suggestions from a number of sources. Ideas are generated from various places and then applied to the project management as the project has a huge scope on international level (Field, 1998). Estimated Project Scope The project is on a huge platform and an awaited one thus the plan is put forward with several of time taking tasks that is carried out as part of the plan. The project will start all the way from reclaiming the land and making an artificial island in the shape of a palm tree. Through the many parts in which the project is divided, it will be easier for the company to define the project as the total work scope. The Work Breakdown Structure will provide the scope of the project from the cost, service and data. These will be put together and will provide the necessary framework along with the scheduled development (Reid, 1999). The work breakdown for this project will be the reclamation of land and development including the buildings, sceneries, establishment of machineries, facilities and many other areas need to be developed on international level. The project would be a costly one, and the estimated cost of the project that our company has predicted would be around US $50 billion. Furthermore, the cost of maintaining the island is also huge and thus, the island should be one that could serve for a long time. The estimated time for the project completion would be 7 years. Estimated Direct Cost Cost estimation is an integral part of the project management process. The direct cost refers to the cost directly involved with the project ?(Verma, 2009). ?The direct cost for this project would also be very high as it will include all the material, labor and production costs that are charged. Starting from the island, to the development and the functioning, the island would need plenty of labor force and material to be