Aps1001 Project Management - 4617 Words

Rocky Flats Contamination Cleanup Project: Lessons Learned Project Management, APS 1001H Fall 2011 University of Toronto Fall 2011 Table of Contents Executive Summary iii Introduction, Background on the Rocky Flats Site Cleanup 1 Project Management Lessons Learned 3 Time, Cost and Performance Management 3 Risk Management amp; Planning 5 Quality Management 8 Knowledge Management 9 Communications Management 10 Human Resources Management 11 Regulation Management 13 Conclusions 14 Bibliography 15 Executive Summary The purpose of this report is to give the readers an overview about the Rocky Flats Cleanup Project which was completed in 2005 by Kaiser-Hill LLC (K-H). The Rocky Flats site was a†¦show more content†¦The first agreement, in 1995, was successfully accomplished at a cost of nearly $3 billion. Due to their achievement on the first contract, they were picked up for the second phase which started in 2000 and they were supposed to close the project by the end of 2006 within a budget of nearly $4 billion. The U.S. Department of Energy (DOE) anticipated at the beginning that the project would require $36 billion and almost 70 years to be completed; however, the cleanup was finished with a total cost of about $8 billion. The project was named the PMI’s Project of the year in 2006 and received many other awards such as â€Å"Project Merit Award from the Environmental Business Journal in 2005† (Hunsberger, 2007). This project was considered a very successful one since it was finished almost half a billion under budget and more than a year earlier than the promised schedule on October 2005. There are a large number of les sons learned that could help every project specifically contamination cleanup projects. All the very on time planning and scheduling, well defined project scope, correct budget planning, and many others have helped this project to be an example project. In the following report we will explore thirteen lessons learned from the closure project (the second phase