The company has holdings in the Middle East, Pan Asia, Europe, North America, and North Africa, with over 60 different business segments (Emaar Properties, 2010). In 1975 the PROMPTII method was developed, which evolved into the PRINCE2 method in 1989 as a general project management method used by the UK government (Richards, 2007). This report examines the Burj Khalifa project and associated project management principles involved in this project. Enter the email address you signed up with and we'll email you a reset link. View Ahmed Presentation Slides Revised.pptx from ACCT 311 at Louisiana State University. It is a unique & spectacular skyscraper, and an engineering marvel to set ones sight on – if one could get a complete glance without having to strain their neck. Left: Dubai skyline with Burj Khalifa. • A Project is The facilities provided by the building project are based on Emaar’s corporate vision of offering a high-value luxury multi-use living space. Dubai Downtown is a popular destination for the tourist which is a great opportunity for Emaar properties to develop commercial and residential projects. Standing at a whopping 828 meters in the air, the Burj Khalifa is undoubtedly at the forefront of engineering innovations. For the Bujr Khalifa the idea of the project was to design the world’s tallest building therefore the risk of height came into factor. Therefore, the success is in its record-breaking fame as the tallest building in the world, bringing attention to Dubai and potential influx of dollars through tourism and investment. First, the company Emaar needed to have an organizational structure in place that could support these ventures. The Burj Khalifa has an observation deck, a fine dining restaurant, a four story fitness club, 37 office floors, 160 guest rooms and suites, 144 private residences, an 11 hectare park, 6 water features, four pools, a 3000 car garage, and access to the meticulously planned downtown Dubai, which offers even more amenities and value to those investing in the Burj Khalifa (The Burj Khalifa, 2010). (2005, November 2). Assessing risk in a project such as the Burj Khalifa is paramount in managing this scope of a project. For complex high-input needs, a company will adopt a project management structure, such as Emaar has done with its property management building model. For example; during the construction of Burj Khalifa proper raw materials should be used of high quality, it needs to verify a lot of things due to the risk associated with it. Undertakings of all sizes require a plan. HR Management • For the Burj Khalifa project, the employees, managers, consultants, engineers, and more professionals had to be recruited through a rigorous process that would ensure efficiency throughout the entire project. Success is favored if the proper organizational structure is utilized to begin with, followed by a detailed project analysis consisting of financial assessments, risk analyses, stakeholder analyses, and other factors depending upon the project scope and nature. The total cost for the building was $1.5 billion U.S. dollars (Springer, 2010). The case study discusses the construction of the Burj Dubai (later renamed the Burj Khalifaon its inauguration), the world's tallest building, in Dubai. While risk can be positive or negative, project management tends to focus on the potential negative effects, in order to mitigate bad outcomes. The project, which commenced in September 2004, was conceived by the Dubai government and Emaar Properties PJSC to consolidate the emirate's status as a key business and tourist hub. Risk management is an effort and more … Worlds Tallest Skyscraper Opens in Dubai. The aim of Burj Khalifa wa… The Burj Khalifa isn't just the world's tallest building. 1.1 Aims and Scope. The project… Examples of project management include budgeting, setting deadlines, allocating resources, assessing progress, and tracking expenditures (Webb, 2003). Twenty-six helical levels decrease the cross-section of the tower incrementa… It was planned by the Dubai government with the purpose of making the city a hub … Communications Management • More than 65 separate consultants January 2010 Group 7 Any Questions? However, that is not to discount the enormous efforts of managing large scale projects of ancient times, such as massive building projects including the Zuggerats, the Egyptian Pyramids, the Great Wall of China, the hugely complex Byzantine Cathedral projects, and more. ‘Burj Khalifa’, formerly known as ‘Burj Dubai’ is currently the world’s tallest building. Those are the value added to the stakeholders with an interest in the project. This impressive skyscraper, which reaches up to a record height of 828 m, is the focal point of the 500-acre mega-project … ... engineer for the project and Harry G. Poulos of Coffey Geotechnics who is a technical reviewer for the geological aspects ... • "Burj Khalifa, Dubai (Burj Dubai or Tower of Kahlifa)." The construction of the Burj Khalifa demonstrates the complex nature of large scale project management. The construction of Burj Khalifa is considered to be a truly international collaboration among more than 30 organizations from around the globe. Sorry, preview is currently unavailable. Burj Khalifa management selected the best and most experienced workers and engineers, In addition to the best and highest quality of raw materials and equipment and provide the enough money to meet their goal. Often utilizes a risk management, followed by the levels of the project manager in charge of aspect... Risk to materialise and take place with and we 'll email you a reset link inner construction work on and., is the Corporate Office management, followed by the building is a grand project... Take place ( Tuner, 2009 ) Middle East, is the stage. Management typically utilizes a risk management log seismic studies were made for design! A popular destination for the tourist which is a skyscraper located in Dubai that was built Emaar. 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