The project charter outlines plans for the construction of Terminal 5 at Heathrow Airport in London. There is a need for Terminal 5 to alleviate congestion and facilitate growth as the current terminals cannot handle increasing passenger volumes. The project will construct a new state-of-the-art terminal dedicated to British airlines to manage large passenger numbers and increase flight capacity. Key deliverables are to achieve economies of scale, increase profits, minimize congestion, and facilitate growth. Risks include potential delays and issues with resources, technology, logistics, and external factors. The estimated budget is GBP 4.3 billion and milestones are provided for completing construction phases by various target dates.
The project charter outlines plans for the construction of Terminal 5 at Heathrow Airport in London. There is a need for Terminal 5 to alleviate congestion and facilitate growth as the current terminals cannot handle increasing passenger volumes. The project will construct a new state-of-the-art terminal dedicated to British airlines to manage large passenger numbers and increase flight capacity. Key deliverables are to achieve economies of scale, increase profits, minimize congestion, and facilitate growth. Risks include potential delays and issues with resources, technology, logistics, and external factors. The estimated budget is GBP 4.3 billion and milestones are provided for completing construction phases by various target dates.
The project charter outlines plans for the construction of Terminal 5 at Heathrow Airport in London. There is a need for Terminal 5 to alleviate congestion and facilitate growth as the current terminals cannot handle increasing passenger volumes. The project will construct a new state-of-the-art terminal dedicated to British airlines to manage large passenger numbers and increase flight capacity. Key deliverables are to achieve economies of scale, increase profits, minimize congestion, and facilitate growth. Risks include potential delays and issues with resources, technology, logistics, and external factors. The estimated budget is GBP 4.3 billion and milestones are provided for completing construction phases by various target dates.
The project charter outlines plans for the construction of Terminal 5 at Heathrow Airport in London. There is a need for Terminal 5 to alleviate congestion and facilitate growth as the current terminals cannot handle increasing passenger volumes. The project will construct a new state-of-the-art terminal dedicated to British airlines to manage large passenger numbers and increase flight capacity. Key deliverables are to achieve economies of scale, increase profits, minimize congestion, and facilitate growth. Risks include potential delays and issues with resources, technology, logistics, and external factors. The estimated budget is GBP 4.3 billion and milestones are provided for completing construction phases by various target dates.
Mujahid Hussain 1811254 Shehzi Sultan 1711219 Haseeb Ur Rahman 1811124 Awais Mir 1611170 Submitted to Sir Bilal Ahmed Date 30 March, 2020 Assignment 2 Project charter Terminal 5 Project charter Project title Terminal 5 Project manager Laing O'Rourke Project start date September 2002 Project end date March, 2008 Business Need There is an extreme need for Terminal 5 in Heathrow airport London because to alleviate that congestion and help facilitate growth, T5 is a state-of-the-art facility dedicated entirely too British airlines, it also helps in summer session when there will be tourist flow it help to handle huge masses and manage many planes. Eventually this will lead to achieve economies of scale and to make greatest airports in the worlds and improving scalability. Project scope Deliverables Construction of the Terminal at Heathrow airport To achieve economies of scale, gain more profit to London minimize congestion and to help facilitate growth. Increase passenger capacity.
Issues and risks Assumptions and dependencies
The main risk was completion dates begin to move T5 has to be the world biggest airports, Resource Machine failure risk availability throughout the Life cycle of the Project. It’s IT failure assumed the derived T5 agreement will effectively work Logistical issues between BAA and suppliers, team work can be effectively PEST achieved. Financials The estimated budget to complete Terminal 5 Project was GBP 4.3 Billion. Mile stone Target completion date Actual Date Completion of landside civil process. October 2002 November 2002 Completion of Terminal 5 building. January 2002 April 2002 Completion of Airfield and runway June 2003 August 2003 Completion of Rail and Road February 2004 December 2004 Infrastructure and Testing and Land August 2006 October 2006 scrapping phase Project team Approval/Review committee Project manager Laing O'Rourke Sponsor Heathrow Airport Holdings British Airline Team Members Mr. David Clelland Business division head Danial Wain Mr. Philip Hollobone Business unit head Kevin Turner Mr. John Leech Finance manager Donna Hayward Mr. Eric Martlew Mr. Graham Stringer