1. Executive summary 2
2. Project Appraisal 3
Project initiation 3
Stakeholder and communication management 4
Change/Control Management 5
Risk management 6
Contract 7
Others 7
Works Cited 9
1. Executive summary
The Chunnel Tunnel project was initiated to connect via a tunnel France and England. It was among the biggest privately funded infrastructure projects ever. Fifty kilometres long, the tunnel extended under the English Channel from France to England. It required the collaboration of two very different government entities, with very different policies. The tunnel was designed and built by Trans Manche Link a private group and financed by Eurotunnel a combination of French and British investors. The project required the teamwork of variety of stakeholders from two different government entities, many contractors and investors, international lending banks, and various regulatory commissions. Furthermore the project itself required engineers to approach the task that up to that point was unprecedented in its feat
As this case study will reveal, Numerous factors with stakeholder communication, underestimated financial budgets, government intervention and many others played a role in extending and adding to the life cycle of the project, by the time the project was completed, it was a year late and $10 billion over budgeted. The reasons for losing vital cost and schedule targets, along with other aspects related to Chunnel Tunnel PM and processes are examined all through the case study.
Stakeholder involvement is crucial throughout the life of the project. They are essential in the stages of conception, development, and implementation. The importance of stakeholders is made evident in the Chunnel project because of its unprecedented size, difficulty, and uniqueness. Cost and scheduling in the project represented many challenges for the project. The entire project was extended and inflated due to the numerous changes to the
Cited: AUT University. (2012). Issues in Project Management. Auckland: Printsprint. Kirkland, C. J. (1995). The Channel Tunnel—Lessons learned. In C. J. Kirkland, Tunnelling and Underground Space Technology (pp. 5-6). Great Britain: Elsevier Science Ltd. Nicholas, J. H. (2004). Project Management for Business and Engineering Principles and Practice . Massachusetts: Butterworth–Heinemann. Pompée, P.-J. (2001). Chunnel Tunnel Project Overview. Amicale Des Batisseurs , 1-7.