1. PRINCE2 Project Management Method
  2. Key pieces of information
    1. What the project is?
      1. Terminal 3 Pier
      2. Location
      3. Cost: 112.5 million
      4. Duration: 19 months
      5. Project Manager
    2. Project Justification
      1. Airbus A360 needs more space than older piers can offer
      2. Operational necessarity???
    3. The papers looks at project control for this project
    4. The need to break down the project into smaller chunks (WBS)
    5. The need for planning, monitoring and control
  3. What is the project scope
    1. Title
    2. Who is the project Manager?
    3. How long (time)?
    4. What resources do we need?
    5. What resources do we have already?
    6. How much money (cost)?
    7. Who needs to what what by when?
    8. What are the requirements?
      1. Build a pier to cope with the Airbus A360 plane
      2. Technical specifications
    9. Freedom of action
  4. What was the business case?
    1. Why do it?
      1. Retain Hub airport status
      2. Increase customer numbers
        1. Customer spend in the retail units
          1. Heathrow charge more to retail units etc
      3. Increase flexibility to deal with larger planes
        1. A360
        2. Dreamliner
    2. What are the benefits of doing this project?
      1. What about cost/benefit analysis?
      2. Revenue!!!
  5. How was the project planned?
    1. Do I need to make Assumptions?
    2. WBS (work breakdown structure)
    3. PERT Chart
      1. Gives the project manager more information in order to manage the project
        1. EST/LST/EFT/LFT/SLACK
      2. Better at complex projects
    4. Risk logs
    5. Change logs
    6. Quality logs
    7. CBS
    8. They must have used a project management method
  6. How do you think the project was monitored?
    1. Reporting
      1. Regular reports
      2. Exception reports
      3. Special interest reports
    2. Meetings
    3. Reaching milestones
      1. Product milestone
      2. Project milestone
    4. Quality
      1. product
      2. project
    5. Costs/progress against plan
    6. EVA Charts
  7. How do you think the project was controlled?
    1. Regular evaluations?
    2. Control techniques
      1. Go/no go control
      2. post control
      3. Cybernetic control
    3. The company wide introduction of Project Controls, which must include a Change management
      1. Prevent scope creep
      2. Ensure the delivery of desired product/service
  8. What was the lessons learnt?
    1. Provides the mechanism(s) and structure for effective delivery of projects
    2. • Integration T2B & B U - Rolling-up and analysing project data.
    3. • Provides effective links between project and financial data.
    4. • Improved transparency/clarity and decision-making.
    5. • Improved reporting on performance - EVA.
    6. • Improved forecasting, cash-flow information and monitoring of income.
    7. • Improved Resource Management ∴ Finance Management ∴
    8. • Reduction of the duplication of effort