Project Administration
QUT – Project Administration
QUT – Project Administration
Lachlan Steel – N7583842 Words - 2050
Lachlan Steel – N7583842 Words - 2050
The Ryugyong Hotel
The Ryugyong Hotel
Table of Contents Project Administration 2 Background Information 3 Name of the project 3 When it was built 3 Duration of the project 3 The Structure 4 Cost of the Project 5 Public or private 5 Detailed Analysis 6 Key issue/ problems 6 Causing the cost over run 7 Solution 7 References 8
Project Administration
Background Information
Name of the project
The Ryugyong Hotel also know as “Hotel of Doom” and “The Phantom Hotel,” pyramid-shaped building designed in the 80s Brutalist Sci-Fi style so beloved of Marxist dictators of the time, the 105 floor Ryugyong Hotel at 330 meters was to be one of the tallest buildings outside of the US. The Ryugyong Hotel in Pyongyang, the North Korean capital, was envisioned by the government as a symbol of wealth, but the economy prevented construction for more than 25 years. It became a popular Google Earth destination.
When it was built
Construction of the hotel began in nineteen eighty seven (1987) and continued until 1993, because the project cost necessary to correctly rebuild was simply to much for the bankrupt government/city to bear. For 15 years the people of Pyongyang simply chose to deny the existence of the abandoned concrete shell, even though it completely dominates the city 's skyline and western visitors found it bizarrely impossible to direct a taxi towards the site. Then in 2008 rumors started developing about movement on the site. This was slightly surprising since long-time observers of the project had estimated the cost of mending and finishing to be US$1-$2 billion according to Gizmag (2011). It emerged that an Egyptian conglomerate Orascom had committed $400 million to completion of the building and is likely to be finished in 2013.
Duration of the project
The Ryugyong
QUT – Project Administration
Lachlan Steel – N7583842 Words - 2050
Lachlan Steel – N7583842 Words - 2050
The Ryugyong Hotel
The Ryugyong Hotel
Table of Contents Project Administration 2 Background Information 3 Name of the project 3 When it was built 3 Duration of the project 3 The Structure 4 Cost of the Project 5 Public or private 5 Detailed Analysis 6 Key issue/ problems 6 Causing the cost over run 7 Solution 7 References 8
Project Administration
Background Information
Name of the project
The Ryugyong Hotel also know as “Hotel of Doom” and “The Phantom Hotel,” pyramid-shaped building designed in the 80s Brutalist Sci-Fi style so beloved of Marxist dictators of the time, the 105 floor Ryugyong Hotel at 330 meters was to be one of the tallest buildings outside of the US. The Ryugyong Hotel in Pyongyang, the North Korean capital, was envisioned by the government as a symbol of wealth, but the economy prevented construction for more than 25 years. It became a popular Google Earth destination.
When it was built
Construction of the hotel began in nineteen eighty seven (1987) and continued until 1993, because the project cost necessary to correctly rebuild was simply to much for the bankrupt government/city to bear. For 15 years the people of Pyongyang simply chose to deny the existence of the abandoned concrete shell, even though it completely dominates the city 's skyline and western visitors found it bizarrely impossible to direct a taxi towards the site. Then in 2008 rumors started developing about movement on the site. This was slightly surprising since long-time observers of the project had estimated the cost of mending and finishing to be US$1-$2 billion according to Gizmag (2011). It emerged that an Egyptian conglomerate Orascom had committed $400 million to completion of the building and is likely to be finished in 2013.
Duration of the project
The Ryugyong
References: Butler J.B., (1982) Element of Administration for Building Student, the Anchors Press Ltd, Great Britain Chitkara, K. 2005. Construction Project Management: Planning, Scheduling, and Controlling Min Suk Choi. 2011 “ North Korean college students mobilised for construction.” The Epoch Times. July 6. Rotterdam. Eathquake Engineering. 1992. Tenth world conference. Dicum, Gregory Shutt, R.C. 1995. Economics for the Construction Industry, 3rd ed. I Longman, London, U.K. Lang, J.E. and D.Q. Mills. (1979) The Construction Industry, Lexington Books, Lexington, MA.