Project management for business Essay Example | Topics and Well Written Essays - 2000 words

Project management for business - Essay Example mwork demonstrated by Arup management with the help of consulting the technical experts from engineering, management and mechanical departments, whose collaborative planning and implementations of the same could turn out to be triumphant in making the Olympic event as a great accomplishment in the eyes of jury, participants, spectators and experts alike. The report on the foundation of the given case study has reached the conclusion that Arup’s hiring services and consultation of skilled and proficient experts as well as taking risks out of their expertise has also contributed to the extraordinary success of the project they had articulated and presented on the eve of Olympic Games held in China, and hence won first prize from association of project management (APM) subsequently. This report has been created by making evaluation of the Water Cube project, which had been planned, managed, introduced and presented by Arup project management team as a venue for conducting of Summer Olympic competitions 2008 (Arup, 2008). One of the most essential reasons behind writing this report includes the exploration of project management by paying particular heed to the project planning, and project monitoring and control. Support has also been sought from the theories associated with the under-examination projects on one side, and practical steps taken by Arup for the successful accomplishments of their Water Cube project on the other (APM, 2008). Two theoretical frameworks including Project Constraints and Project Lifecycle have been included in this report, both of which had been selected by Arup management while planning, executing and administering their under-examination project. A project simply refers to a unique, transient endeavour undertaken to achieve planned objectives (APM, 2012). A project is a temporary organisation created for the purpose of delivering one or more business products according to an agreed business case (Team FME 2013, p. 9). In other terms,