Case Study The Channel Tunnel Mingyi Su Elvin Bayramov Christoph J. Szczecina Henrique A. Lima de Faria Fachhochschule Dortmund University of Applied Sciences and Arts Managing Change - Prof. Dr. Josef Mittmann May 26th‚ 2008 Content 1. Historical Context 2. Engineering 3. Organizational Transitions 4. Financial Developments 5. Case Study Answers • Historical Context • Engineering • Organizational Transitions • Financial Developments • Case Study: Answers Christoph
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An analysis of Channel Tunnel project Introduction Channel Tunnel project‚ which aimed to create a fixed connection between Britain and France‚ is one of the largest private funded projects in the world. It required the use of newest technology and great management skills in order to deal with unexpected changes. Also the cooperation of two countries’ governments‚ several constructors‚ banks and other agencies are needed to make this project run smoothly. This essay divided the whole project
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A PROJECT ANALYSIS ON THE DEVELOPMENT OF THE CHANNEL TUNNEL 1.0 INTRODUCTION The Channel Tunnel is one of Europe’s biggest infrastructure projects ever. The 50.45km long tunnel has fulfilled this old dream by linking Britain and the rest of Europe. The idea of a fixed link between Britain and France was first mooted by a French engineer in 1802; it connects England and France 50m below the seabed of the English Channel. It’s not just a tunnel‚ but a huge infrastructure containing massive machinery
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for money (65%)‚ and speed (30%). As reliability is assumed equal between the tunnel and ferries‚ the next biggest factor in customer value is price. By offering even a slightly reduced price than the ferries‚ many customers will switch to using Le Shuttle. Off-peak car travelers also placed a high value on speed. By offering a lower price than the ferries along with quicker speed in crossing the channel‚ the tunnel will be the more valuable choice among passenger cars. In the minds of the customer
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allowance for the possible impact of unseen circumstances on construction costs.” In reality the tunnel project was delayed and cost double as much as estimated from £4.9bn in 1987 to £10.1bn in 1994. * The project estimated the tunnel to be opened in June 1993 but in reality it was delayed about 12 months due to construction problems and cost overruns‚ and finally opened in 6 May 1994. The tunnel full operation also delayed about 4/5 months due to safety regulation. * Management was underestimate
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French mining engineer Albert Mathieu-Favier put forward the first ever design for a cross-Channel fixed link based on the principle of a bored two-level tunnel: the top one‚ paved and lit by oil lamps‚ to be used by horse-drawn stagecoaches ; the bottom one would be used for groundwater flows. 1803 In 1803‚ the Englishman Henry Mottray unveils another project for a cross-Channel fixed link: a submerged tunnel made of prefabricated iron sections. 1834 From 1830‚ the advent of steam trains and
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Channel Tunnel Project Management Mistakes Bellevue University PMGT335-316S Project Cost 15 February 2012 Channel Tunnel Project Management Mistakes The Channel Tunnel (Chunnel) project was one of the largest privately funded construction projects in history‚ and one plagued with mistakes. The project created a rail link between England and France spanning over 30 miles with 23.5 of the miles under water. The project melded a difficult mix of numerous contractors and regulatory agencies
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The Channel Tunnel linking England with France is a superb technical and engineering achievement. However‚ as a business project it has undoubtedly been a failure. Shareholders in the company operating the concession for the tunnel have witnessed significant loss of value in their equity stake in the company. In 1967 proposals were invited for private financing and construction of the tunnel‚ with 70 - 90 % of the loans guaranteed by the British
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Chilton Writ 340 Dr. Warford Across the Atlantic in an Hour This article discusses the proposed building of the Transatlantic Tunnel. This tunnel would be constructed between New York and London as a means of transportation. The article goes into the discussion of cost and proposed engineering aspects of the tunnel. The beginning also mentions the need for the tunnel and past history of mans travels across the Atlantic Ocean. Introduction: Imagine a world where New Yorkers could physically
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3004ENG PROJECT MANAThGEMENT PRINCIPLES THE CHUNNEL PROJECT Project Background * Objective is to create an underground tunnel connecting England and France * Create a fixed transportation link between England and France in an attempt to spur economic development‚ improve European trade‚ and provide an alternative high-speed transportation method. * Requires cooperation between two countries‚ numerous banks‚ contractors‚ etc to initiate‚ plan‚ executive and complete the project
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