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Answer.Q1.

A:
Here is an example RACI matrix for the ABC company cricket stadium project, based
on a brief activities list:

Activity List:
1. Develop project plan and budget
2. Secure necessary permits and approvals
3. Design the cricket stadium and amenities
4. Construct the cricket stadium and amenities
5. Procure necessary materials and equipment
6. Hire and manage contractors
7. Ensure compliance with safety and environmental regulations

RACI Matrix:

Activity Responsible Accountable Consulted Informed


1. Project Manager Project Sensor Contractors , Stakeholders Project Team
2. Project Manager Project Sensor Legal , Regulatory Project Team
Authorities
3. Design team Project Sensor Contractors , Stadium Project Team
Operations Team
4. Construction Team Project Sensor Design Team , Engineers , Project Team
Safety Team
5. Procurement Manager Project Sensor Contractors , Vendors Project Team
6. Project Manager Project Sensor Human Resources , Legal , Project Team
Contractors
7. Safety Team Project Sensor Legal , Environmental Project Team
Agencies

Note:

- Responsible: the person or team responsible for completing the activity


- Accountable: the person who is accountable for the overall success of the project
- Consulted: people or teams who will provide input and advice for the activity
- Informed: people or teams who need to be kept informed of the activity's progress
and outcomes.

B.

Here are 4-6 project management related roles that may be involved in the ABC
company cricket stadium project:

1. Project Manager: Responsible for overall project planning, execution, and control.
They ensure that the project is completed on time, within budget, and to the
required quality standards.
2. Construction Manager: Responsible for overseeing the construction process and
ensuring that the work is carried out safely, efficiently, and in compliance with
relevant regulations and codes.

3. Design Manager: Responsible for overseeing the design phase of the project,
working closely with the design team to ensure that the stadium and amenities are
designed to meet the needs of the project stakeholders.

4. Procurement Manager: Responsible for procuring the necessary materials and


equipment for the project, negotiating contracts with vendors, and managing the
procurement process to ensure that it is carried out efficiently and cost-effectively.

5. Safety Manager: Responsible for ensuring that the project site is safe for workers
and visitors, and that all safety regulations and procedures are followed throughout
the project.

6. Stakeholder Manager: Responsible for managing stakeholder expectations,


communicating project updates and progress, and ensuring that stakeholder needs
and requirements are taken into account throughout the project.

C.

Here's an example RACI matrix for the ABC company cricket stadium project, based
on the project management related roles I provided earlier:

Activity List:
1. Develop project plan and budget
2. Secure necessary permits and approvals
3. Design the cricket stadium and amenities
4. Construct the cricket stadium and amenities
5. Procure necessary materials and equipment
6. Hire and manage contractors
7. Ensure compliance with safety and environmental regulations

Project Management Roles:


1. Project Manager
2. Construction Manager
3. Design Manager
4. Procurement Manager
5. Safety Manager
6. Stakeholder Manager

RACI Matrix:

Activity Project Construction Design Procurement Safety Stakeholder


Manager Manager Manager Manager Manager Manager
1. R A C C I C
2. R I C C A C
3. C C R I I C
4. C R C I R C
5. I C I R I C
6. R C I I I C
7. I C C I R C

Note:
- R: Responsible
- A: Accountable
- C: Consulted
- I: Informed

The matrix shows the roles of each project management team member for each
activity in the project. For example, the Project Manager is responsible for Activity 1 -
Develop project plan and budget, while the Construction Manager is responsible for
Activity 4 - Construct the cricket stadium and amenities. The Design Manager is
accountable for Activity 3 - Design the cricket stadium and amenities.

Answer.Q2:

As a project controller, my plan for project control for the ABC company cricket
stadium project would include the following:

A.
The feasibility study will involve the following steps:

1. Technical feasibility: This involves evaluating the technical aspects of the project
such as the design, construction, and installation of the stadium and amenities.

2. Economic feasibility: This involves analyzing the economic viability of the project. It
will determine whether the project is financially viable, considering the estimated
cost, potential revenue, and profitability.

3. Financial feasibility: This involves evaluating the financial aspects of the project,
including the sources of funding, expected returns, and payback period.

4. Legal feasibility: This involves analyzing the legal framework governing the project,
including regulations, permits, and licenses required to construct the stadium and
amenities.
5. Environmental feasibility: This involves evaluating the environmental impact of the
project, including the impact on the ecosystem, air, water, and soil quality.

Based on the results of the feasibility study, the project team can make informed
decisions on whether to proceed with the project, modify the project plan, or cancel
the project. The feasibility study provides crucial information for stakeholders to
assess the viability of the project and to make an informed decision on the project's
future.

B. Estimating the cost of material and construction is a crucial step in the project
planning phase for the ABC Company's cricket stadium project. Accurate cost
estimation ensures that the project is financially viable, and the budget is allocated
appropriately to all project activities.

To estimate the cost of materials, the project team will need to develop a bill of
materials (BOM) that lists all the necessary materials required for the construction of
the stadium and amenities. This includes materials such as cement, steel, bricks, tiles,
electrical and plumbing fittings, seating arrangements, and other essential items. The
BOM will also include the quantity, cost per unit, and total cost for each item.

Once the cost of materials and construction is estimated, the project team can
develop a budget for the project, which will include all project expenses, including
project management costs, contingency costs, and other miscellaneous costs. The
budget will be a critical tool to ensure that the project is executed within the
specified budget and timeline.

Overall, estimating the cost of material and construction is a crucial step in the
project planning phase that ensures that the project is financially viable, budgeted
appropriately, and executed efficiently.

C. following are some considerations that the project team should take into account
while designing the stadium and amenities:

1. Stakeholder requirements: The project team should engage with stakeholders such
as the cricket board, players, fans, sponsors, and other relevant parties to understand
their needs and requirements.

2. Safety and security: The stadium should have proper lighting, fencing, and other
security measures to ensure the safety of the players and spectators.

3. Accessibility: The design should include provisions for wheelchair access, ramps,
and other accessibility features to ensure that everyone can enjoy the game
comfortably.
4. Sustainability: The project team should ensure that the design of the stadium and
amenities is sustainable, using eco-friendly materials and energy-efficient systems
where possible.

5. Aesthetics: The design should be modern, functional, and aesthetically pleasing to


attract visitors and create a unique identity for the stadium.

Overall, designing the stadium and amenities is a crucial step in the project planning
phase that ensures that the project meets the requirements of the stakeholders,
prioritizes safety and accessibility, is sustainable and visually appealing. The project
team should engage with all stakeholders, adopt a collaborative approach, and use
modern design techniques to develop a design that is practical, functional, and
aesthetically pleasing.

D. following are some considerations that the project team should take into account
while procuring the materials:

1. Supplier selection: The project team should identify potential suppliers who can
provide the materials required for the project.

2. Contract negotiation: The project team should negotiate contracts with the
selected suppliers, specifying the terms and conditions of the supply agreement,
including the quantity, quality, delivery time, and price of the materials.

3. Quality control: The project team should ensure that the materials procured meet
the required quality standards.

4. Delivery management: The project team should monitor the delivery of materials
to ensure that they are delivered on time and in the right quantity.

5. Cost management: The project team should keep track of the costs associated with
procuring the materials and ensure that they stay within the project budget.

Overall, procuring the materials for the cricket stadium project requires careful
planning, supplier selection, and contract negotiation to ensure that the materials
are of the required quality, delivered on time, and within the project budget.

E. The construction and installation phase of the cricket stadium project involves the
involves the following activities:

1. Site preparation: This involves clearing the site of any obstacles and preparing the
ground for construction.

2. Foundation and structural work: This includes the construction of the foundation
and the structural elements of the stadium, such as the steel framework and
concrete supports.
3. Electrical and mechanical work: This includes the installation of electrical and
mechanical systems such as lighting, air conditioning, and ventilation.

4. Plumbing and sanitation work: This includes the installation of plumbing and
sanitation systems such as water supply and drainage systems.

5. Finishing work: This includes the installation of flooring, seating, and other
amenities such as scoreboards and sound systems.

6. Safety and quality assurance: This involves ensuring that the construction work
meets the required safety and quality standards.

As the head of project control, I would personally monitor the safety and quality
assurance aspects of the construction and installation phase. Safety is of paramount
importance during the construction phase, and any safety issues must be addressed
promptly to avoid accidents and injuries.

F. The following activities are typically involved in the finishing work phase:

1. Painting and decoration


2. Landscaping
3. Signage and wayfinding
4. Final testing and commissioning
5. Cleaning and maintenance

As the head of project control, I would personally monitor the final testing and
commissioning of all systems and amenities to ensure that they are functioning
properly before the stadium is opened to the public. This is a critical aspect of the
project and must be completed successfully to ensure a successful launch of the
stadium.

Answer.Q3.A:

To evaluate the options, we need to calculate the Net Present Value (NPV) of each
option using the given discounting rate of 8% per year.

The formula for calculating NPV is:


NPV = ∑(Ct / (1+r)^t) - Co
where:
Ct = cash flow in year t
r = discount rate
Co = initial investment

Using the above formula, we can calculate the NPV of each option as follows:
Option-I NPV = (-20/(1+0.08)^1) + (5/(1+0.08)^2) + (5/(1+0.08)^3) + (5/(1+0.08)^4) +
(5/(1+0.08)^5) + (5/(1+0.08)^6) - (-20)
= -20 + 4.63 + 4.30 + 3.98 + 3.67 + 3.38 + 3.10 - (-20)
= $2.06 million

Option-II NPV = (-25/(1+0.08)^1) + (10/(1+0.08)^2) + (5/(1+0.08)^3) + (5/(1+0.08)^4)


+ (5/(1+0.08)^5) + (5/(1+0.08)^6) - (-25)
= -25 + 9.26 + 4.07 + 3.75 + 3.46 + 3.18 + 2.92 - (-25)
= $5.49 million

Option-III NPV = (-30/(1+0.08)^1) + (10/(1+0.08)^2) + (10/(1+0.08)^3) +


(5/(1+0.08)^4) + (5/(1+0.08)^5) + (5/(1+0.08)^6) - (-30)
= -30 + 9.26 + 8.56 + 3.75 + 3.46 + 3.18 + 2.92 - (-30)
= $7.93 million

Therefore, based on the NPV analysis, Option-III is the most profitable option with an
NPV of $7.93 million, followed by Option-II with an NPV of $5.49 million and Option-I
with an NPV of $2.06 million.

B.
The triple constraints of a project refer to the interdependent relationship between
time, cost, and scope. In the context of conducting a grand event in a stadium, these
constraints can be explained as follows:

1. Time: This constraint refers to the project timeline, i.e., the deadline by which the
project must be completed. In the case of the grand event, the timeline may include
tasks such as booking the stadium, arranging for permits and licenses, coordinating
with vendors and suppliers, promoting the event, and managing the event logistics.
For example, if the event is scheduled to take place on a specific date, the project
must be completed within the given timeframe to ensure a successful event.

2. Cost: This constraint refers to the budget allocated for the project, i.e., the amount
of money available to complete the project. In the case of the grand event, the cost
may include expenses such as stadium rental fees, vendor fees, marketing and
promotional expenses, staffing and management fees, and other miscellaneous
expenses. For example, if the allocated budget for the event is limited, the project
team must prioritize expenses and optimize spending to ensure that the event is
successful within the given budget.

3. Scope: This constraint refers to the project deliverables or objectives, i.e., what
needs to be accomplished within the project. In the case of the grand event, the
scope may include the size of the event, the number of attendees, the types of
activities and entertainment offered, and the overall impact on the audience. For
example, if the scope of the event is to attract a large number of attendees, the
project team must plan accordingly, ensuring that the venue, activities, and
marketing efforts are appropriate to meet this objective.
In summary, the triple constraints of a project are interdependent and must be
carefully managed to ensure project success. In the context of conducting a grand
event in a stadium, the project team must balance the constraints of time, cost, and
scope to ensure that the event is delivered on time, within budget, and meets the
expected objectives.

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