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Managing Aviation Projects from Concept to Completion 1st Edition by Triant G Flouris, Dennis Lock ISBN 0754676153 9780754676157

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Managing Aviation Projects from Concept to Completion 1st Edition Triant G. Flouris Digital Instant Download

Author(s): Triant G. Flouris, Dennis Lock
ISBN(s): 9780754676157, 0754676153
Edition: 1
File Details: PDF, 11.04 MB
Year: 2009
Language: english
SKU: EB-50501886 Category: Tags: ,

Managing Aviation Projects from Concept to Completion 1st Edition by Triant G Flouris, Dennis Lock – Ebook PDF Instant Download/Delivery: 0754676153, 9780754676157
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ISBN 10: 0754676153 
ISBN 13: 9780754676157
Author: Triant G Flouris, Dennis Lock

Triant Flouris is a prominent academic and administrator in aviation management education; Dennis Lock has more than forty years experience in practising, lecturing and writing about project management. When these two experts combined their considerable talents to write their earlier book Aviation Project Management, it was little wonder that distinguished reviewers gave generous praise and acclaimed it as a welcome addition to what, until then, had been a neglected field. That first title was structured as an essential primer for managers and students. The authors have now written this more in-depth book for managers and students who need to study aviation project management in much greater detail, as well as critically connect project management within an aviation context to prudent business decision-making. Aviation project management is described in considerable detail throughout all stages of a lifecycle that begins when the project is only a vague concept and does not end until the project has been successfully completed, fully documented, and put into operational service. Aviation projects have commonly failed to deliver their expected outcomes on time and have greatly exceeded their intended budgets. Many of those failures would have been prevented if the project managers had adhered to the sound principles of project management, as described and demonstrated throughout this book.

Managing Aviation Projects from Concept to Completion 1st Table of contents:

1 The Nature of Projects and their Management
An introduction to project management
Four different types of projects
Project life cycles and life histories
Four principal players in a project life cycle
Project management—a matter of common sense, logical reasoning and determination
Senior management support
References
2 Factors for Project Success or Failure
Success or failure factors in relation to the initial project definition
Three primary success or failure factors that are particularly relevant to the project execution phase
Trade-offs between the time, cost and performance objectives
Perceptions of project success or failure beyond the three primary objectives
Identifying and ranking the stakeholders
Benefits realization from a large aviation project
Case example: Denver International Airport—a project with failure built in from the start
Conclusion
References
3 Project Definition
Aspects of project definition for external and internal projects
Project definition through the project life cycle
Safeguards for projects which are difficult or impossible to define
Checklists as an aid to project definition
Defining projects proposed by external clients or customers
Defining the project scope
Defining internally funded projects
Documenting the project specification
4 Strategic Decisions
What are strategic decisions?
Examples of early strategic questions and the strategic management process
The strategic management process
Questions of project definition and methodology
Questions of project resources
Questions of in-house management competence
SWOT analysis as a tool for considering the competition and business environment
Formulating project strategy under uncertainty
Early dealings with regulatory bodies of the aviation industry
References
5 Estimating the Project Costs
Introduction to cost estimating
Cost accounting terms commonly used in project cost estimating and cost control
Accuracy or reliability of cost estimates
Top-down or bottom-up?
Compiling the project task list for bottom-up estimates
Documenting the cost estimates
Estimating manufacturing costs
Estimating project labor costs
Estimates for material and equipment costs
Personal estimating characteristics
Reviewing the cost estimates
Version control of project cost estimates
6 Evaluating an Aviation Investment Project and Preparing a Business Case
Projects carried out by contractors for external customers
Investment projects
The dimension of time in project financial evaluations
Introduction to project financial feasibility analysis
Case example: An airport visitors’ center building project
The simple payback method of project financial appraisal
Discounting the cash flows
How much confidence can we place in the data?
Preparing and presenting a business case
Project funding
7 Project Authorization
Purposes of a project authorization procedure
Project authorization as a chain reaction
Many variations on the authorization theme
Authorization criteria for multiple projects
Project registration and numbering
Distribution of project authorization documents
Authorizing work without a contract or customer’s order
References
8 Organizing the Project
Organization charts
Introductory observations about organization in project companies
Coordinated matrix organizations
Matrix solutions for multiple projects
Project team organizations
Team or matrix: which organization is best?
Hybrid organizations
Contract matrix organizations
Joint venture projects
9 Some Key Roles and Stakeholders in the Project Organization
The role of senior management in projects
The project customer (or owner)
The financial institutions
The design engineers and managers
The project manager
Director of projects or program manager
The project engineer
Project support office
References
10 Work Breakdown and Coding
The WBS concept
WBS examples
Coding systems
Examples of coding systems
Benefits of a logical coding system
Choosing a coding system
What happens when the customer says ‘You shall use my coding system!’?
References
11 Relating the Project Dimensions of Work, Organization and Cost
Dimensions of a typical aviation project
Managing the incomprehensible and creating order out of chaos
Introducing the project OBS
A project case example
Relationship between the project WBS and OBS
Introducing the CBS
Case example: cash crisis at Jet-U-There
12 Introduction to Detailed Project Planning
A demonstration case example
Planning the 4J airstrip project by the diary method
A simple remedy for the 4J airstrip project
Limitations of Gantt charts
13 An Introduction to Critical Path Network Analysis
A general introduction to critical path project planning
Activity-on-arrow network diagrams
The 4J airstrip project planned using an arrow network diagram
Activity-on-node (precedence) network diagrams
The 4J airstrip project planned using a precedence diagram
Dummy activities in precedence networks
References
14 Critical Path Network Analysis in More Practical Detail
Making a detailed plan for a new project
Level of detail in the project schedule
Estimating task durations
Rolling wave planning
Use of PERT to resolve uncertainty in estimated task durations
Hangar restoration project: A case example planned using PERT
What if the predicted timescale is too long?
Time/cost optimization through crashing
Fast-tracking to accelerate project delivery without adding cost
Extreme measures
References
15 Principles of Resource Scheduling
The nature of project resources
Resource scheduling without a computer
A Gantt chart resource scheduling case example
Time-limited and resource-limited schedules
The significance of float in resource scheduling
16 More Advanced Aspects of Resource Scheduling
Choosing which resources to schedule
Specifying resource availability levels
Specifying cost rates for labor and materials
Allocating resource quantities to tasks
Scheduling more complex tasks
Using different calendars
Multi-project scheduling
Administration of the multi-project model
Project resource scheduling in the corporate context
What-if testing using a multi-project model
Choice of software
Case example: The Lox Brothers light aircraft development projec
17 Planning For Risk and Uncertainty in Aviation Projects
Introduction to project risk management
Uncertainty about time and cost estimates
Identifying the possible risks
Risk appraisal and analysis
Qualitative cause and effect analysis
Quantitative analysis
Risk register
Methods for dealing with risks
Insurance
Unique properties of aviation insurance
Obtaining project insurance
Planning for crises and emergencies
References
18 Contracts and Terms of Payment
Contracts
Contract payment structures
The timing of payments for contracts with external customers
Financial viability of participating organizations
19 Purchasing—Part 1: Principles and Initial Ordering
Introduction to aviation project purchasing
The purchasing cycle
Requests for quotations
Bid receipt procedures for high-priced goods and services
Bid evaluation procedures
Terms of trade used in international business (Incoterms)
Purchase requisitions and orders
Purchase orders
Timing of orders and deliveries
20 Purchasing—Part 2: The Supply Chain
Simplest supply chain organizations
Complex supply chains in international project purchases
Expediting
Shortages
Receipt of purchased goods and equipment
Purchase order amendments
Stores administration
21 Managing Project Start-up
Preliminary organization of the project
Correspondence and other documents
Engineering standards and procedures
Physical preparations and organization
Getting work started
Issuing detailed planning and work instructions
References
22 Managing Progress
Progress management as a closed loop control system
Progress management styles
Updating drawing and purchase schedules and records
Updating the project network diagram and work schedules
Collecting progress information
Statistical checks
Managing the progress and quality of bought-in materials and equipment
Managing sub-contractors and agency employees
Routine priority allocation in manufacturing projects
When the news is bad
Corrective measures
Meetings
Progress reports
References
23 Managing Changes
Special reasons for managing changes in aviation projects
The impact of changes in relation to the project life cycle
Origin and classification of changes
Authorization arrangements
General administration of project changes
Forms and procedures
Version control for modified drawings and specifications
Emergency modifications
24 Managing Project Costs
Establishing and maintaining project cost budgets
Principles of cost control
Controlling direct costs
Controlling fixed costs and overhead cost recovery
Additional cost control factors
The total cost approach
A checklist of cost management factors
Transactions in foreign currencies
Cost collection methods
Audits and fraud prevention measures
Conclusion
25 Managing Project Cash Flows
Understanding cash flows
Cash flows for internally funded projects
Methods for scheduling cash flows
Case example: scheduling cash flows for the Loxylene aviation fuel project
Using project management software to schedule cash flows
Conclusion
26 Reporting Progress and Costs
Milestone analysis
Earned value analysis
Case example: Using earned value analysis on a project to renew perimeter fencing at an airport
Effect of project changes on earned value analysis
Predicting and reporting profitability for a whole project
Post-mortem
Case example: ATM project
27 Project Closedown
Reasons for closing a project
Formal project closure
Authorizing post-project expenditure
Final project cost records
Disposal of surplus materials
Final project as-built definition: the end of a continuous process
As-built records of ground-based projects
As-built condition of a project that is interrupted before completion
Additional as-built record requirements for flight-based projects

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