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Question Description
Please reply to the below discussion with a 150 – 200 word response and a cited source.
Winningthe bid to host the 2012 Olympic Games, London was faced with asignificant task. London had to turn an uninhabited, wasteland into astadium. The stadium could not be designed to support any one sportsuch as track, rugby or soccer. The stadium required 80,000 seats,25,000 permanent and 55,000 temporaries. The stadium also had to bedesigned to host a myriad of athletics which make up the Olympic games.Therefore, London was challenged with the Iron Triangle, also known as the Triple Constraint, which are scope, time and cost (Meredith, Mantel, & Shafer, 2017).
SCOPE
The scope was not necessarily to build an infrastructure to host the2012 Olympics with 80,000 seats. The scope was to design and construct along-term infrastructure with 25,000 permanent seats and 55,000temporary seats so the building can be adapted to host the 2012 Olympicgames but remain standing and occupied long thereafter (Tramantano, etal., 2015).
TIME
London won the bid in 2006 and had to have it completed in mid-2011,less than 5 years to complete, with groundbreaking constructionbeginning in 2008.
COST
London allocated £537 million for the project which came in £51 million under budget.
The direct goal was to have a permanent venue in place for longevitywhich could also be adapted to host the Olympics. Ancillary goals wereto clean the waste in which the venue would be built, buildinfrastructure around the stadium such as roads, railways and businessesand have the venue occupied after the Olympics to pay back some of themoney spent on the venue.
The Stadium had a stretched-J project life cycle. Much like the cakeexample provided by Meredith, et al. (2017) in the text. Once thestadium took form and was completed, the life cycle concluded, therewere no needs for the life cycle to tamper off.
References:
Meredith, J. R., Mantel, S. J., & Shafer, S. M. (2017). Project management: A managerial approach (10th ed.). Hoboken, NJ: John Wiley & Sons Inc.
Tramantano, E., Barnwell, D. C., Bishop, J., Jones, G., & Miller,A. (2015). Developing a Program Map: 2012 London Olympics ConstructionProgram. Journal of Economic Development, Management, IT, Finance & Marketing, 7(1),14–29. Retrieved fromhttp://search.ebscohost.com.csuglobal.idm.oclc.org…
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