Conclusion. In controlling the project of risk management, the Project manager in charge of this aspect often utilizes a risk management log. 4 2.1 PROJECT MANAGEMENT TEAM OF BURJ KHALIFA According to Ahmad Abdelrazaq (2010), the principal owner of the project was Emaar Inc., which is renowned for its construction projects throughout the world. Towering above even the tallest of Dubai’s skyscrapers, Burj Khalifa is the world’s tallest building—by a long shot. Enter the email address you signed up with and we'll email you a reset link. The Burj Khalifa construction project is finished, though the management of the tower and its facilities still falls to the Emaar group, and hence likely requires a different mode of project management … However, for general illustrative purposes, a level 1 WBS is offered here to demonstrate at a macro scale the issues that needed to be addressed in figuring out the micro scale needs of the project (Haugan, 2002). Each era dealt with their limitations on time, money, and resources to make the project happen (Project Management Source, 2005). Towering above even the tallest of Dubai’s skyscrapers, Burj Khalifa is the world’s tallest building—by a long shot. The final height of the building is … Risk management is an effort and more … However, factors of unfavorability associated with the project are that the project was delayed due to reported upgraded finishes by Emaar. Analysis Of The Burj Khalifa Tower Project. Bianchi, S., & Critchlow, A. STEP 8: Generating Alternatives For analysis Of The Burj Khalifa Tower Project Case Solution: Burj Khalifa is a 163 story skyscraper in Dubai, United Arab Emirates. The Burj Khalifa team consisted of 12,000 professionals and skilled workers from around the world. The tower is composed of three elements arranged around a central core. Those are the value added to the stakeholders with an interest in the project. Currently, and over the past few years, a variety of construction projects have been taking place in the UAE, for which the main source of funding has been oil money. This Company is the largest Land … Project management principles guide businesses and organizations in achieving their project goals. The Burj Khalifa isn't just the world's tallest building. Organizations that have complex business goals embrace an organizational model the project organization. For the Bujr Khalifa the idea of the project was to design the world’s tallest building therefore the risk of height came into factor. (2005, November 2). anonymous project planning and management bus9041m word count: 3261/3,000 10%) table of contents abstract introduction to the shard and burj khalifa project Risk management strategies that can be used in project management include transferring the risk to another party, mitigating the risk factor, avoiding the risk, and accepting some consequence of the risk as a cost of the project (Edwards & Bowen, 2005). To start with, the project manager, Emaar, had put in place an … Communications Management • More than 65 separate consultants Success of Burj Khalifa Project The prime principle of success is what has been called the “Iron Triangle”, a principle which measures the project based on three perspectives: cost, time and quality In this sense, Burj Khalifa project also can be measured by the “Iron Triangle” method of evaluation. The project, which commenced in September 2004, was conceived by the Dubai government and Emaar Properties PJSC to consolidate the emirate's status as a key business and tourist hub. FINANCIAL MANAGEMENT . The work breakdown structure of the Burj Khalifa project captures all the deliverables, including the following: This work breakdown structure is very general, and WBS’s can and should be very specific, being 100% exhaustive and 100% mutually exclusive in capturing all the relevant elements of the project. 298 Project Management / Miscellaneous The Burj Dubai Project: A Symbol of Economic Strength or a Monument to Hubris? The company enjoys success in its project completion, realization of the project goals as they mesh with the corporate vision, and financial profit from the venture. Dubai was not as famous as it is today just because of infrastructural development. From the above study it can be concluded that the project Burj Khalifa was a massive construction which involved around 22 Million man-hours of work including the project management and other coordination activities and could be built with around 1.5 Billion USD with 9 months of delay. (2010, January 1). Modern project management dates to having roots in the 1950’s with the implementation of various project management models including the Critical Path Method, the Program Evaluation and Review method. Burj Khalifa's construction will have used 330,000 m3 (431,600 cu yd) of concrete and 39,000 tonnes (43,000 ST; 38,000 LT) of steel rebar, and construction will have taken 22 million man-hours. Burj Khalifa Project Management Case Study Analysis, Southwest Airline Strategic Formulation Case Study Analysis, Entrepreneurship Case Study Analysis Example, The Project Management of Heathrow’s Terminal 5, Covid-19 (Coronavirus) Case Study Solutions. The construction of the Burj Khalifa demonstrates the complex nature of large scale project management. The Burj Khalifa is supported by a big reinforced concrete mat, which is in turn supported by bored reinforced concrete piles. A heavy-weighted matrix project organizational model best fits the nature of Emaar’s projects. Abstract The case study discusses the construction of the Burj Dubai (later renamed the Burj Khalifa on its inauguration), the world's tallest building, in Dubai. Twenty-six helical levels decrease the cross-section of the tower incrementa… Choosing the building site and running assessment on all variables (codes, politicians, risks, financials, human resources, building materials). The project… The modular, Y-shaped structure, with setbacks along each of its three wings, provides an inherently stable configuration for the structure and provides good floor plates for residential. Emaar Properties formed in 1997, and is a Dubai-based property construction and management property specializing in large-scale, high end communities and buildings. A lot of features to take care of the extreme events … For complex high-input needs, a company will adopt a project management structure, such as Emaar has done with its property management building model. The project, which commenced in September 2004, … Project management follows a typical project life cycle, and tools can be utilized during these phases, such as the Earned Value Method, to assess and track the evolution of the project life. ... engineer for the project and Harry G. Poulos of Coffey Geotechnics who is a technical reviewer for the geological aspects ... • "Burj Khalifa, Dubai (Burj Dubai or Tower of Kahlifa)." It is a publicly owned joint stock company, and is listed on the Dow Jones Arabian Titans Index (Emaar Properties, 2010). The building of the Burj Khalifa showed the world the cooperative ventures of architecture, engineering, construction, and follow through that is required for a venture of this scope. Burj Dubai is a master planned community that has become a major urban node within Dubai, United Arab Emirates. Sorry, preview is currently unavailable. View Ahmed Presentation Slides Revised.pptx from ACCT 311 at Louisiana State University. In the centre of Dubai stands the Burj Khalifa tower (formerly called Burj Dubai), the world’s tallest manmade structure. Project management is the framework within which the processes of planning, organizing and managing resources occurs for the ultimate goal of a timely completion of a task (Nokes, 2007). The model of the organizational structure depends on the nature of the desired outcome, whether it is a product or service, or something else entirely. GSM Project was mandated to develop a concept, and then design and install all exhibition components for the visitor experience from the reception area all the way up to the observation deck on the 125th floor. Project time Management of Burj Khalifa: There is no doubt that the time management of this project might have been one of the most challenging tasks that the team must have faced during its construction. Success is favored if the proper organizational structure is utilized to begin with, followed by a detailed project analysis consisting of financial assessments, risk analyses, stakeholder analyses, and other factors depending upon the project scope and nature. Procurement is essentially the process of securing goods and services external to the organization is order to facilitate the project. • The Burj Khalifa … The Burj Khalifa is the tallest skyscraper in the world (Bianchi & Critchlow, 2010). Moreover, the U.S. Department of Defense employed techniques of project management in their defense projects, and the American Association of Cost Engineers formed as well (Carayannis, Kwak, & Anbari, 2005). Success of Burj Khalifa Project The prime principle of success is what has been called the “Iron Triangle”, a principle which measures the project based on three perspectives: cost, time and quality In this sense, Burj Khalifa project also can be measured by the “Iron Triangle” method of evaluation. Choosing contractors for architecture, engineering, and construction. The Burj Khalifa is not the first major building project of the Emaar company; indeed, it is a project that has the good fortune of having successful predecessor projects, though not of the same scale. Final recommendations could be made from that point for future projects of the Emaar company. The project to build the Burj Khalifa tower is one of the most successful projects in the Middle East and in the world to date. Failure can happen if mismanagement occurs, whether it be from an improper assessment of risk, mismanagement of resources, lack of knowledge of various sectors involved, or even lack of human capital to get the job done (Laufer, 2009). Assessing risk in a project such as the Burj Khalifa is paramount in managing this scope of a project. Software and engineering technological developments drove the evolution of project management methods in the 1980’s, 1990’s, and into the 21st century. Opening of Burj Khalifa References January 2009 Completion of spire pipe Success or failure ? A multi-organisational matrix structure was used to. Value is given to residents and occupants of the tower, through the amazing service amenities and access to luxurious dining, parks, and entertainment, as well as access to a thriving and desirable downtown Dubai destination. For large-scale, multi-phase projects, a heavy-weighted model of a project organization is utilized. These then influence the risk to materialise and take place. Abstract The case study discusses the construction of the Burj Dubai (later renamed the Burj Khalifa on its inauguration), the world's tallest building, in Dubai. The final report is the stage at which the projects success and failings can be documented, and recommendations made for future projects based on the issues encountered in the project. A look at the Emaar organization is offered, followed by a discussion on the Burj Khalifa project. However, that is not to discount the enormous efforts of managing large scale projects of ancient times, such as massive building projects including the Zuggerats, the Egyptian Pyramids, the Great Wall of China, the hugely complex Byzantine Cathedral projects, and more. HR Management • For the Burj Khalifa project, the employees, managers, consultants, engineers, and more professionals had to be recruited through a rigorous process that would ensure efficiency throughout the entire project. An outline of the history of project management is offered, followed by a breakdown of the general principles of the concept. The success and failure of projects is related to project management. The project management responsibilities of the Burj Khalifa … latest innovation in analysis, design, materials, and construction methods. This includes a process that takes into account the accounting principles that maximize the return on investment, as well as issues related to minimizing risk and exposure to potential fraud (Benton, 2010). There are various models of project management, and stages within each model that can be adopted depending upon the organization and scope of the project. The aim of Burj Khalifa wa… The UAE, located in Middle East, is the third largest oil-producing country in the world. The five stage process given in the diagram presented earlier in this report was generally followed by the Emaar in getting from implementation to closing. Turner Construction Company, one of the largest construction companies in the United States and a subsidiary of a German company, was hired as the major project manager of the venture (Turner Construction Company, 2010). Burj Khalifa have a … Before the mega projects like Dubai Mall, Burj Khalifa etc. The unfavorable issues cannot be considered failures as the project was a success with the ultimate realization of that success yet to be determined based on interest and investment. Generally, projects bring measurable outcomes and changes and these bring about other developments and opportunities (Tuner, 2009). Project Overview ‘Burj Khalifa’, formerly known as ‘Burj Dubai’ is currently the world’s tallest building. Organizations have different frameworks in place in order to facilitate their companies goals and objectives. Effective Project Management Case Study Burj Khalifa Tower December 2020 What is a Project? The need for more complex models to reflect and manage complex multi-phase projects involving scores of various inputs were and are the impetus for the evolving nature of project management (Evaristo & van Fenema, 1999). Additionally, the issue of risk as related to the Burj Khalifa project is conceptualized. The construction of Burj Khalifa is considered to be a truly international collaboration among more than 30 organizations from around the globe. A conclusion is offered to highlight the main points of this report and synthesize the topics. Burj Khalifa was designed to be the centerpiece of a large-scale, mixed-use development to include 30,000 homes [citation needed], nine hotels (including The Address Downtown Dubai), 3 hectares (7.4 … Evaristo, R., & van Fenema, P. (1999). … For the organization involved in a profit-driven enterprise that engages in large scale operations of staggering complexity, the rubric of project management is necessarily utilized. Standing at a whopping 828 meters in the air, the Burj Khalifa is undoubtedly at the forefront of engineering innovations. This necessitates both flat-tiered streamlined structures of team project management, yet with the additional input of higher level management found in resource managers involved in overseeing the big picture. Resource Management: • For the Burj Khalifa project, the employees, managers, consultants, engineers, and more professionals had to be recruited through a rigorous process • . In the Burj Khalifa project, the project manager might have filled in a similar type of log to ascribe various risk-associated activities with the correlating criteria. 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