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Project management mainly emphasizes on the overall planning and organization of a project as well as the resources (Levy, 2018). It eventually involves in identification and management of the lifecycle to be utilized and even application of it to the user centric design procedure. The project management team is being formulated for properly executing the phases of the project. With an effective approach of project management, it becomes quite easier to achieve the goals and objectives successfully. It is also helpful for the project team members to understand the responsibilities and efficiently utilize the available resources (Lock, 2017). Balfour Beatty is a popular and significant construction organization in the United Kingdom that has been executing several distinct projects. The following essay provides a brief discussion on the project management approach of Balfour Beatty with PRINCE2 methodology.
Balfour Beatty PLC is a successful player in the industry of construction in the United Kingdom. They comprise of different capabilities in construction services, infrastructure investments and support services and the organization has been doing business across the UK, Canada, the USA, Ireland and South East Asia (Balfour Beatty. 2022). They have executed several popular construction projects and have been following an effective and efficient approach to execute these projects. Every construction project is being organized for accomplishing the work in an effective manner and the project manager can consider the span of control in an efficient manner.
APM project management aspects are being followed in the organization to execute the construction project works. The complexity profile of a project as well as the skills and knowledge of the team can be easily analyzed and ensure that the project can be influenced without any kind of issue. Balfour Beatty has been following a formal approach for executing the project and as a result, the successful execution of the project has not been an issue for the organizational management (Meredith et al., 2017). The APM promotes the overall disciplines of project management and program management in the United Kingdom.
Balfour Beatty has also received an award for APM project management in 2021 for their successful approach towards the work and making these projects a successful one. They have included a program called the five dimensions of professionalism and APM also provides various products and services like registered membership and qualifications, online services and events (Richardson & Jackson, 2018). APM principles could be used for emphasizing a major shift for getting control. The main focus would be on individuals, who are accomplishing advantages through an engaged, accountable and even high performing teams for sharing data and team communication in Balfour Beatty. The distinct action that can be undertaken for implementing this principle is customer collaboration over contract negotiation and also focusing on contract negotiation.
One of the most distinct and noteworthy projects of Balfour Beatty is MECD or Manchester Engineering Campus Development. It is a flagship project of the University of Manchester for the core purpose of developing the innovators and engineers of the future generation for including forward thinking and collaboration research techniques. MECD is considered as one of the largest and single construction project that is being undertaken by a higher education institution in the United Kingdom (Manchester.ac.uk. 2021). The project would be responsible for transforming the method of the University educating engineers in respect to the requirements of the faster changing globalized economy.
The buildings in the campus involve modern and extensive teaching spaces, which reflect on the changing demands of the staff and students for flexible learning and mobile. As a result, it would be needed to focus on a highly distinctive and advanced approach and Balfour Beatty has selected APM project management approach for executing the project eventually (MECD. 2017). Moreover, for selecting the methodology or approach, they have considered lean project management methodology. The main reason for selecting lean methodology is that there had been greater visibility and improved communication. Moreover, the project can also be executed faster and risks are reduced. The distinct principles of lean management are values, value stream, flow, pull and perfection and Balfour Beatty can use a balanced scorecard for identifying the optimal factors and even avoiding every shortcoming of each aspect with the lean strategy.
The selected project of Balfour Beatty is MECD and the description of each of the stages of PRINCE2 methodology is provided in the following paragraphs:
iii) Execution: The next phase of project management is execution, in which the entire team does the actual work. It is needed to establish the most efficient workflows for monitoring the overall progress of the team (Kerzner, 2017). The next phases of PRINCE2 processes of controlling a project and managing product delivery are involved in this particular phase of project management. These ensure that the project controlling becomes easier and the negative effects are reduced. Moreover, the project manager uses different tools of project collaboration for increasing the productivity of the team in an effective manner. The key performance indicators and critical success factors would be established for gaining maximum efficiency. A main approach in this specific phase was quantitative tracking of the effort as well as cost in the process and an alternative approach would have been conducting team building exercises and motivating all team members (Boyle, 2017). A vital repercussion of the approach would be issues within the team members and not completing team building exercises successfully.
The selected project of MECD has focused on the unique strategies and plans to gain efficiency and effectiveness in the project plan and also for focusing on the required changes in the processes (Radujkovi? & Sjekavica, 2017).
iii) In the execution phase, the alternative approach is to conduct team building exercises and motivating the members. As it is the most crucial phase of a project, every vital and significant decision is being undertaken in this particular phase. Hence, the approach should be considered for better results and efficiency (Meredith et al., 2020). The case supporting the approach is that every team member should be focusing on the changes that are needed for the project welfare and support the activities of one another for maximum efficiency and effectiveness. However, the case against the approach is that there could be different issues within the team members and hence the activities might not be completed and the project can be delayed. The theme of change for PRINCE2 can be developed by considering every risk to the project work and avoiding them successfully.
Balfour Beatty is one of the most leading construction companies in the United Kingdom and they have focused on using the most innovative and effective approaches for executing the work successfully. PRINCE2 is a popular and significant process based methodology for effective project management (Hinde, 2018). Different projects can be managed accordingly and also brought them on time and budget and focusing on a high quality deliverable accordingly. The project of MECD can be made more innovative and effective with the most accurate and effective with a few changes and these distinct changes are provided in the following paragraphs:
Therefore, from the above discussion, a conclusion can be drawn that there are a few attributes for knowledge management in a project and these include integration management, scope management, time management, cost, quality, human resources, communication, as well as risk and procurement management. Communication is also encouraged subsequently and there are certain opportunities for planned and regular meetings as well as workflow for the approval and decisions. The phases of a project are required to be executed for proper visioning and conceptualizing the work in an effective manner. Balfour Beatty has been successfully executing several construction projects and this essay has focused on the involvement of PRINCE2 methodology for the organizational projects.
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