Question 1

Review one of the pages from your local newspaper, and try to identify all the projects contained in the articles. How many were you able to find? You must highlight all of them. From the articles that you had chosen, explain the definition of a project. Why did you classify them as ‘project’?

Answer 1

I have chosen two articles extracted from The New Straits Times (Business Times B2) – from the 15th November 2014 issue.

There are two (2) articles that I have found that can be classified as a “project’

1. AirAsia Eyes Higher Load in 2015

a. This article entails a project – new cooperate building that is slated to begin in December 2014 and is scheduled to complete by June 2016 which defines a life span of a project and has defined objective of constructing a new building. b. It is unique as it is a 60 story building dubbed RedQ with an estimated floor area of 613,383 square feet. c. A building cost of close to RM 140 million with the purpose of serving as a its new cooperate headquarters satisfies the elements of cost and performance requirements that defines a project. d. It requires cross orginizalation participation because the proposed corporate building is to accommodate multiple departments with various individual and or specialized requirements and needs which involves the input and collaboration for various organizational participates. e. This building has the element of risk and uncertainty as it has to be built within its own certain set area, budget and time to serve a predetermined purpose which makes it unlikely to have been done or carried out before.

2. Dialog Subsidiaries Ink RM2.7b Petronas Gas Deal.

a. The project has the objective of creating a facility which includes a regasification unit and two LNG storage tanks with a 200,000 cubic meter capacity each. b. The construction