¶ … Panama Canal
Resources
Core Project Concept and Market Analysis
Costs and Benefits
Project Stakeholders
Project Strategy - Recommended Courses of Action to Problems or Issues
Panama Canal
After finishing a project need and feasibility assessment applying the GM591 Unit 1 Worksheet: Demonstrating Project Need and Feasibility for a Project of the distant past in order to examine the project of the construction of the Panama Canal, I have determined that the Project was without a doubt an initial example of strategic project management that attained the directed benefits and goals. The project objective and essential idea were visibly well-defined, the economic and organizational resources were arranged, and a marketplace examination in order to display the need and the costs and benefits were clearly communicated. Project stakeholders were looked up and the project strategy was evidently described.
Project Goal
The goal of the Panama Canal project was obviously defined for the project guarantors who would be the client, customer, final owner, or object offering subsidy. A project promoter is the decision-making interested party or shareholder who has extensive responsibility for the project's result (Resch, 2011). In the circumstance of planning the Panama Canal, the chief supporter would have been President Theodore Roosevelt himself. The main goal of the project was to build to shorten the distance that ships had to travel to pass between the Atlantic and Pacific Oceans of 1904. (McCullough, 2012).
Resources
President Theodore Roosevelt developed offered a one-time $10 million payment to Panama, and an annual annuity of $250,000. There were already beyond 24,000 men working on the Panama Canal. Within five years, the number had swelled to 45,000. These workers were not all from the United States, but from Panama, the West Indies, Europe, and Asia (Missal, 2008). President Theodore Roosevelt made sure that housing for married workers was delivered rent-free, and homes increased in luxury as stated by a worker's place...
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... They were accustomed to living in the open, to enduring great fatigue and hardship, and to encountering all kinds of danger." The war against Spain and for the liberation of Cuba was one that would prove the superiority of America and its ideals. The United States, too, could join the nations of Europe as a major world power, with interests in every corner of the globe. Roosevelt became a hero
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Ocean Village is UK-based and is uses the differentiated experience of offering families the opportunity to define their own cruise itinerary (Kwortnik, 2006). There is freedom as to when passengers will eat, what they choose to participate in, and the concept focuses on breaking out of the mold of highly predictable and regimented cruise programs. The two remaining brands, P&O Cruises Australia and the Yachts of Seabourn, each have
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