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burj khalifa project management analysis

The Burj Khalifa is a grand scale project, requiring the outsourcing of risk and the outsourcing of project management. 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. 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. In the centre of Dubai stands the Burj Khalifa tower (formerly called Burj Dubai), the world’s tallest manmade structure. According to Atkinson (1999) project management is the set of aims and methods in order to achieve a unique task that should be accomplishment within a given amount of time, within a certain budget, and at a certain standard or quality. Resource Management: • For the Burj Khalifa project, the employees, managers, consultants, engineers, and more professionals had to be recruited through a rigorous process • . This report examines the Burj Khalifa project and associated project management principles involved in this project. Emaar also utilizes organizational structure models of management in both hierarchical and flat structure, with project management being the foundation to all functional entities in their project process. Success or failure ? As such, in the design process of the project development, various analyses will be performed to assess inputs, risks, and favorability of success (Carayannis, Kwak, & Anbari, 2005). The success and failure of projects is related to project management. Emaar Properties formed in 1997, and is a Dubai-based property construction and management property specializing in large-scale, high end communities and buildings. The exterior cladding of Burj Khalifa began in May 2007 and was completed in September 2009. 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 to keep pace with the company’s model of growth engines. 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). Emaar has a hierarchical management structure with the Chairman at the top, followed by the Board of Directors. 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. The total height of the building is 829.8 [m], with a podium development at its base, including a 4 – 6 story garage. Feng Fu, in Design and Analysis of Tall and Complex Structures, 2018. Project Management Source. It is a unique & spectacular skyscraper, and an engineering marvel to set ones sight on … • A Project is Burj Khalifa is the tallest building on the planet, it is a sleek structure that stands some 828 meters (2,716.5 feet) tall, piercing the desert sky of Dubai. The structure of the following essay is divided into two main parts: part one is on the issue of project management, and part two is the case study example of the Burj Khalifa project. Choosing contractors for architecture, engineering, and construction. In the centre of Dubai stands the Burj Khalifa tower (formerly called Burj Dubai), the world’s tallest manmade structure. 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. 298 Project Management / Miscellaneous The Burj Dubai Project: A Symbol of Economic Strength or a Monument to Hubris? The construction of Burj Khalifa demonstrates effective planning process of a largescale and complex project through project management. The building is a mixed-used building, offering residential, business, and entertainment facilities. 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). Worlds Tallest Skyscraper Opens in Dubai. The tower is composed of three elements arranged around a central core. Effective Project Management Case Study Burj Khalifa Tower December 2020 What is a Project? FINANCIAL MANAGEMENT . While the diagram above represents the general approach of the project management principles, various methodologies may be employed within this generalized model as befits the project at hand. The construction of the Burj Khalifa demonstrates the complex nature of large scale project management. Opening of Burj Khalifa References January 2009 Completion of spire pipe Success or failure ? The management of risk is very important and different tools should be used for managing and mitigating risk in the organization. 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. ‘Burj Khalifa’, formerly known as ‘Burj Dubai’ is currently the world’s tallest building. Projects are size, time, and financially delimited issues; project management utilizes methods to facilitate these the processes bound within these delimitations for a successful outcome. A lot of features to take care of the extreme events … Burj Khalifa, which is also known as Burj Dubai, is one of the tallest buildings in the world with a... Project Planning. The Burj Khalifa team consisted of 12,000 professionals and skilled workers from around the world. 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). It is a unique & spectacular skyscraper, and an engineering marvel to set ones sight on – if one could get a complete glance without having to strain their neck. 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. Each level is flat unto itself, yet has a higher chain of command up to the Chairman (Emaar Properties, 2010). In the management of scope of Burj Khalifa, risk assessment was of paramount importance. 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). Twenty-six helical levels decrease the cross-section of the tower incrementa… The Burj Khalifa is supported by a big reinforced concrete mat, which is in turn supported by bored reinforced concrete piles. Carayannis, E., Kwak, Y., & Anbari, F. (2005). 298 Project Management / Miscellaneous The Burj Dubai Project: A Symbol of Economic Strength or a Monument to Hubris? anonymous project planning and management bus9041m word count: 3261/3,000 10%) table of contents abstract introduction to the shard and burj khalifa project 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 International Project Management Association formed in 1965, and the Project Management Institute formed in 1969. For complex high-input needs, a company will adopt a project management structure, such as Emaar has done with its property management building model. As Haugan, (2002) explains, risk in project management implies the possibility of harm … 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. The procurement process can be illustrated in the following general diagram: Within project management and the procurement phase, the contract management portion involves determining needs, such as should something be made or purchased, determining correct costs, deciding on what type of cost contract will be used (fixed price, cost-plus contract, cost plus fee contract, etc), deadlines, and how the job will be determined to be ‘complete’; that is, in the final stages of the contract, a method needs to be managed to close out the contract (Houman, 2002). View Ahmed Presentation Slides Revised.pptx from ACCT 311 at Louisiana State University. The design team of Burj Khalifa conducted over 40 wind tunnel tests to determine the amount of stress that the wind would place on the building. 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 factors of success of the Burj Khalifa reside within the value created by its completion. It was planned by the Dubai government with the purpose of making the city a hub … 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). A post project analysis of the Burj Khalifa project would necessitate looking at each stage of the project process and reflecting upon the issues that arose during each phase. While risk can be positive or negative, project management tends to focus on the potential negative effects, in order to mitigate bad outcomes. It took 1325 days for the completion of the structure. Principles of project management are related to the Burj Khalifa project to illustrate the application of the concepts of project management. Final recommendations could be made from that point for future projects of the Emaar company. The UAE, located in Middle East, is the third largest oil-producing country in the world. The facilities provided by the building project are based on Emaar’s corporate vision of offering a high-value luxury multi-use living space. Save my name, email, and website in this browser for the next time I comment. Burj Khalifa management selected the best and most experienced workers and engineers, In addition to the best and highest quality of raw materials and equipment and provide the enough money to meet their goal. Examples of project management include budgeting, setting deadlines, allocating resources, assessing progress, and tracking expenditures (Webb, 2003). Burj Khalifa History : Burj Khalifa was designed to be the centerpiece of a large-scale, mixed-use development which would include 30,000 homes, nine hotels (the Address Downtown Dubai included), 3 hectares or 7.4 acres of parkland, at least 19 residential towers, the Dubai Mall, and the 12-hectare or 30-acre man-made Burj Khalifa Lake.. A firm (like analysis Of The Burj Khalifa Tower Project) must organize its management systems, processes, policies and strategies to fully utilize the resource’s potential to be valuable, rare and costly to imitate. 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). Additionally, the issue of risk as related to the Burj Khalifa project is conceptualized. 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. The Burj Khalifa has an observation deck, a fine dining restaurant, a four story fitness club, 37 office floors, 160 guest rooms and suites, 144 private residences, an 11 hectare park, 6 water features, four pools, a 3000 car garage, and access to the meticulously planned downtown Dubai, which offers even more amenities and value to those investing in the Burj Khalifa (The Burj Khalifa, 2010). 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. 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. A project can also be terminated at any stage, before it ever reaches a completion time. The project was delayed by one year because of the economic shock that Dubai faced. For example; during the construction of Burj Khalifa proper raw materials should be used of high quality, it needs to verify a lot of things due to the risk associated with it. In the Burj Khalifa project, the risk in designing and constructing the tower was clearly transferred to outside sources, and the risk was assumed by another company involved in the construction project (Turner Construction Company, 2010). Enter the email address you signed up with and we'll email you a reset link. STEP 8: Generating Alternatives For analysis Of The Burj Khalifa Tower Project Case Solution: The Client of Burj Dubai Tower, Emaar Properties, The size and scope of this project … Bianchi, S., & Critchlow, A. 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. Burj al Arab being a unique project with huge budget was funded through loan of $1.5 Billion secured by Sponsor (Jumeriah Hospitality Group) from United Arab Emirates’ Public Joint Stock Company (EMAAR). The Burj Khalifa Project is the tallest structure ever built by man; the tower is 828 meters tall and compromise of 162 floors above grade and 3 basement levels. The construction of Burj Khalifa demonstrates effective planning process of a largescale and complex project through project management. • The Burj Khalifa team consisted of 12,000 professionals and skilled workers from around the world. Wind force on the tower was one of the critical stressors … Those are the value added to the stakeholders with an interest in the project. But … The total cost for the building was $1.5 billion U.S. dollars (Springer, 2010). It is a publicly owned joint stock company, and is listed on the Dow Jones Arabian Titans Index (Emaar Properties, 2010). 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. This trend has made it mandatory for project managers to learn … Academia.edu no longer supports Internet Explorer. Detailed overview and analysis of the relevant project management concepts, tools and techniquesBurj Khalifa project was associated with the 16 consultants, 2 real estate companies, 3 sub … The final height of the building is … The case study discusses the construction of the Burj Dubai (later renamed the Burj Khalifaon its inauguration), the world's tallest building, in Dubai. The 828-meter (2,717-foot) structure is a towering symbol of the new Dubai, a global business and cultural center in the heart of the Middle East—now far … Emaar’s vision is to offer premier global lifestyle solutions, incorporating not just real estate but also shopping, entertainment, health, education, and finance. (2010, January 1). Undertakings of all sizes require a plan. The success of failure of any given project can happen at any stage from development to closing. The Burj Khalifa project The Burj Khalifa project located near down-town Dubai, United Arab Emirates, consists of the following: Ł 160+ storey tower Ł Adjacent podium structure Ł Separate six storey office annex Ł Two-storey pool annex The tower has 280,000 m2 … It can also be concluded that the project management of Burj Khalifa was a success. Burj Khalifa have a … An outline of the history of project management is offered, followed by a breakdown of the general principles of the concept. Modern project management is credited to begin in the era of the 1950’s. The architecture features a triple-lobed footprint, an abstraction of the Hymenocallis flower. Using EVM as a method of assessing and tracking project management. 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. Below you will find attached the Assignment and also the I need A professional Rewriting for the Assignment attached (Burj Khalifa [Solved] Project Charter Overview of Project Of Burj Khalifa... Register & GET $2 in Your CallTutors Wallet IMPORTING URBAN GIANTS: Re-Imaging Shanghai and Dubai with Skyscrapers, Tall Buildings and Urban Habitat of the 21st Century: A Global Perspective, Tall Buildings, Design, and Technology: Visions for the Twenty-First Century City, SKYSCRAPERS AND PLACEMAKING: SUPPORTING LOCAL CULTURE AND IDENTITY.pdf. The challenging diagnosis for analysis Of The Burj Khalifa Tower Project and the management of information is needed to be provided. 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). For architecture, engineering, and tracking expenditures ( Webb, 2003 ), others! 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