The paper 'Engineering Project Management - Wembley Stadium" is a great example of a management case study. Managing projects have advanced to planning, coordinating and controlling the intricate and varied activities of contemporary industrial, management and commercial changes. The inevitable element of risk and ambiguity means that activities and work leading to project completion can never be predicted with utmost accuracy (Wysocki, et al. , 1995). There exist varied projects in civil or chemical engineering and construction projects, manufacturing projects and managing projects and projects meant for scientific research globally.
These are real examples of projects that have underestimated or overestimated the timeline or the resources which have resulted in projects completing late, projects being abandoned prior to completion and the need for more funding to complete the project. For this reason, guidelines such as the Project Management Body of Knowledge (PMBK) and PRINCE2 have been developed to ensure projects are implemented based on best practice. In addition, ensure project managers are more aware of the risks, are therefore able to effectively and efficiently strategize, organize and control activities during project development, and ensure successful completion of projects (Lewis, 2006).
By so doing, the project manager is able to satisfy the needs and expectations of the project client, project sponsor among other major stakeholders of the project since the project is able to run and complete within the anticipated time schedule and within the allocated budgets. This report seeks to develop and analyze a sustainable project plan for the new Wembley Stadium. The Project- the Wembley Stadium The New Wembley Stadium located in Wembley Park, London, England, is an iconic global stadium and conference centre constructed on the location of the previous 1923 Wembley Stadium.
The project plan for the stadium cost a staggering amount of seven hundred and ninety-eight million pounds with a timeline of approximately five years -with the project commencing in 2002 and completing in 2007 (W. N.S. 2012).
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