Business Background

Located at the eastern end of North Terrace, Lot

LOT FOURTEEN: Objective and concept

1. Setting leadership in environmentally,

Fourteen is a development site in South
Australia. It is an important part of the training,
PROJECT sustainable development by obtaining a 6 Star
employment, and smart technology industries of Green Star Communities rating from the Green
South Australia. As an example of a linked and Building Council of Australia
efficient mixed use zone, Lot Fourteen will bring
2. Take account of energy efficient alternatives
together industrial and educational facilities as
for all buildings and infrastructure, to allow the
well as research facilities and community
community to attain carbon neutrality in
services. There must be a safe and inclusive
activities.
environment in Lot Fourteen that fosters
pedestrian activity and provides a dynamic new
3. Get a WELL rating from the International
area to study and work for students and
Well Building Institute, to identify the
employees (Lot Fourteen, 2021).
significance placed on community, health and
security in the new area (Lot Fourteen, 2021).
.

(Lot Fourteen, 2021) (Lot Fourteen, 2021) (Lot Fourteen, 2021)

Success /failure criteria

1. Effective responsibility delegation of the project

activities Stakeholders

2. Expanded efforts (Andersson, and Chapman, 2017) 1. Government

3. Availability of resources and funds (Meredith et al., 2. Employees (Srinivasan, and Dhivya, 2020)
2017)
3. Suppliers
4. Capable staff and training programs
4. Australian citizens
5. Clearly communicated and defined plans
5. Managers
Competitive advantage or value
6. Contractors
1. Digital technology
(Srinivasan, and Dhivya, 2020)
2. Creative industries

3. Opportunity to expand with related activities or References

other complementary activities Garden Lot Fourteen, 2021, ‘About us’, viewed 6 August 2021, <https://lotfourteen.com.au/about-lot-fourteen/about-us>

4. Connections to adjacent destination like Andersson, T and Chapman, R 2017, ‘Project strategy for product innovation: the strategic project management
AdeTaide Botanic Garden (Lot Fourteen, 2021) framework’, International Journal of Project Organisation and Management, 9(4), pp.328-349.

5. Top- notch hub of modernization and culture in
the center of the city
6. International education and tourism
Meredith, J R Shafer, S M and Mantel Jr,S J 2017, ‘Project management: a strategic managerial approach’, USA,
John Wiley & Sons.
Srinivasan, N P and Dhivya, S 2020, ‘ empirical study on stakeholder management in construction projects’,
Materials Today: Proceedings, 21, pp.60-62.