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Heathrow Terminal 5. A Report of the Building Process and its Complications

Risk Management

Titel: Heathrow Terminal 5. A Report of the Building Process and its Complications

Essay , 2016 , 13 Seiten

Autor:in: Lilja Tilke (Autor:in)

BWL - Unternehmensführung, Management, Organisation
Leseprobe & Details   Blick ins Buch
Zusammenfassung Leseprobe Details

This assignment is a report to the building process of Heathrow’s Terminal 5. The Terminal opened in 2008 and should improve the check-in process at the Terminal. Even though the opening and the budget matched the given requirements, there had been huge complications while the implication of the new Terminal.

Therefore, the planning structure and the risk management of the project is analysed. It came to conclusion that the scheduling of the project had been sufficient. The terminal was ready to open on time. While it is not possible to say in how far each task itself has been done without complication. The implementation was not successful. Even though time and budget were matching the requirements.The risk management of a project like Terminal 5 is very complicated. But it was decided that the opportunities were worth the risks. The opening of Terminal 5 had been complicated. Bags got lost and the Terminal needed to be closed on the opening day again. Preforming the building of that project, assumption had been made, new worker had been employed and the testing session had been made with a new simulation model. Furthermore, the whole bag-system was new. So there have many different roots for problems. In the end influencing factors had been underestimated/ not predicted, so that problems had been raised. Even though the implementation struggled the new system was still a success for Heathrow’s Terminal 5. More passengers can be handled in a shorter time and the effectiveness of the Terminal went up.

Leseprobe


Table of Contents

EXECUTIVE SUMMARY

INTRODUCTION

PROJECT PLANNING

RISK MANAGEMENT

RECOMMENDATIONS

CONCLUSION

Objectives and Topics

This report examines the project management and risk assessment strategies applied during the construction and implementation of Heathrow’s Terminal 5. The primary research goal is to understand why, despite meeting budgetary and scheduling milestones, the project faced significant operational failures upon its opening in 2008, and to identify how such risks might be better managed in large-scale infrastructure projects.

  • Analysis of project planning phases and scheduling methodologies.
  • Evaluation of risk management frameworks and the impact of uncertainty and ambiguity.
  • The role of computer simulation models in technical planning.
  • Assessment of operational challenges including baggage system failure and staff training.
  • Strategic recommendations for mitigating risks in high-complexity infrastructure projects.

Excerpt from the Book

Risk Management

Every project which is stared consists of risks. Every project has its’ uniqueness and differs from others. Environment, requirement change, to perform a project (Kendrick 2015). ‘Experience helps in risk management, as project which are alike tend to be subject to similar types of risk. But all projects have a degree if uniqueness, whether it is the nature of the project itself or in the context in which it is being run. Hence, each project exhibits some individual risk’ (Newton 2009: 306). But, ‘Risk is not something that just has to accepted on a project – risk can be measured; choice can be made based on an understanding of risk: and projects can be managed to cope with risk’ (Newton 2009: 306).

‘There are many sources of risk on projects, which can be categorized into three generic roots causes: uncertainty, ambiguity and instability’ (Newton 2009: 305). Uncertainty – ‘A project manager is rarely certain that the work breakdown structure or estimates of task lengths are correct. The information required to be sure that the project can be completed within the expected time and cost is uncertain’ (Newton 2009: 305).

Ambiguity – ‘Project managers cannot be sure that their understanding of objectives and scope really matches that of all stakeholders (Newton 2009: 305).

Instability – ‘[…] Projects exist in an environment of instability. Stakeholders’ needs alter and envelope.'(Newton 2009: 305). ‘Projects exhibit a degree of novelty and innovation, so experience alone cannot fully predict the outcome’ (Newton 2009: 307).

Summary of Chapters

EXECUTIVE SUMMARY: Provides an overview of the Terminal 5 project, noting its success in meeting budget and timeline targets while highlighting the critical operational failures during the opening phase.

INTRODUCTION: Outlines the scope of the report, introducing the project timeline from 2002 to 2008 and defining the focus on project planning and risk management.

PROJECT PLANNING: Explores the structured approach to building Terminal 5, including the five key developmental stages and the use of technical simulation models for operational testing.

RISK MANAGEMENT: Investigates the sources of project risk, specifically uncertainty, ambiguity, and instability, and relates these concepts to the specific opportunities and threats encountered during the construction of the terminal.

RECOMMENDATIONS: Suggests improvements for future projects, emphasizing the necessity of thorough testing and the importance of data quality in risk analysis.

CONCLUSION: Summarizes that while the planning was organized, the failures in implementation serve as a lesson for the necessity of rigorous system testing regardless of initial appearances.

Keywords

Heathrow Terminal 5, Project Management, Risk Management, Project Planning, Operational Readiness, Simulation Model, Baggage System, Contingency Planning, Uncertainty, Ambiguity, Instability, Infrastructure Projects, Implementation, Data Quality, Construction Management.

Frequently Asked Questions

What is the core subject of this report?

The report focuses on the project management and risk management processes utilized during the construction and launch of Heathrow’s Terminal 5.

What are the primary themes discussed?

Key themes include project planning methodologies, the application of risk management theory, the use of computer simulations, and the operational challenges faced during the terminal's opening.

What was the main research objective?

The objective was to analyze why, despite achieving time and budget targets, the project suffered significant operational complications upon its opening.

Which scientific methods are analyzed in the work?

The author discusses project scheduling methods such as the Gantt Chart and Critical Path Analysis (CPA), as well as risk assessment tools like the probability impact chart and Failure Mode and Effect Analysis (FMEA).

What is covered in the main body of the report?

The main body details the five key stages of the project, technical planning through simulation, theoretical risk factors, and a specific review of what went wrong during the implementation phase.

Which keywords best characterize this work?

Essential keywords include Project Management, Risk Management, Terminal 5, Simulation Model, Operational Readiness, and Infrastructure Planning.

How did simulation models impact the Terminal 5 project?

Simulation models were used to test systems and identify potential bottlenecks; however, the report notes that over-reliance on these models and poor data quality led to unforeseen issues.

What specific operational failures occurred on the opening day?

Problems included staff being unable to locate parking, difficulties with the computer systems, and a failure of the baggage handling system, resulting in numerous flight cancellations.

What is the author's final conclusion regarding the project?

The author concludes that while the project appeared perfectly organized on paper, the implementation failed due to insufficient real-world testing, emphasizing that functionality must be proven through comprehensive system trials.

Why is the concept of "hideability" important in this study?

Hideability refers to the risk that problems remain undetected until it is too late to fix them, which the author identifies as a critical factor in the baggage system failure.

Ende der Leseprobe aus 13 Seiten  - nach oben

Details

Titel
Heathrow Terminal 5. A Report of the Building Process and its Complications
Untertitel
Risk Management
Hochschule
Coventry University
Autor
Lilja Tilke (Autor:in)
Erscheinungsjahr
2016
Seiten
13
Katalognummer
V378647
ISBN (eBook)
9783668557345
ISBN (Buch)
9783668557352
Sprache
Englisch
Schlagworte
Heathrow Terminal London Airport Risk Management Project
Produktsicherheit
GRIN Publishing GmbH
Arbeit zitieren
Lilja Tilke (Autor:in), 2016, Heathrow Terminal 5. A Report of the Building Process and its Complications, München, GRIN Verlag, https://www.grin.com/document/378647
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Leseprobe aus  13  Seiten
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