Essays on The Benefits Management for the Perth Arena Project Case Study

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The paper 'The Benefits Management for the Perth Arena Project" is a good example of a management case study. Project management is defined as the synchronized association, direction, and execution of projects or programs portfolio together with the activities and events that are involved in the outcome of the set benefits and strategic significance. Some of the strategies used are the startups and closing of the program, portfolio management, program governance, and management of benefits. All these procedures are applied and implemented to ensure risk control and stakeholder communication.

Management benefits are normally the primary focus when implementing any program. Focusing on the benefits of the program helps in the management of the costs involved, time, and other resources used1. Focusing on the benefits and continually revisiting the set outcomes is an effective and vital strategy for implementation. The importance of the benefits management plan for the Perth Arena project is to ensure the right designers and constructors are selected. The plan is based on the tender agreement and the design of the building. The benefits management plan explains all the advantages of the new Perth Arena plan and what the community and the stakeholders should expect once the arena is complete.

This is achieved by the client-agency and the delivery organization for being responsible for the service delivered by the constructors and the designers who have been awarded the contract. Additionally, the client and delivery agency is further responsible for the long-term proprietorship of the Perth Arena and the services that they will deliver. Project management is the managing, controlling, and planning of projects, which are usually complex in nature. Therefore, for effective governance, strategic project management must be applied.

Strategic project management involves the application of intuitive skills to be able to work well with the stakeholders. The project management committee in charge must be able to work together with the stakeholders involved and make them understand the benefits of the project.

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