Anandi Resorts` Happy Land Construction Project – Risk Management and Earned Value Analysis

Anandi Resorts` Happy Land Construction Project – Risk Management and Earned Value Analysis
Case Code: OPER159
Case Length: 8 Pages
Period: -
Pub Date: 2023
Teaching Note: Available
Price: Rs.300
Organization : Anandi Resorts Ltd.
Industry :Leisure & Entertainment
Countries : India
Themes: Project Management, Operations Analysis, Risk Analysis,Operations Strategy
Anandi Resorts` Happy Land Construction Project – Risk Management and Earned Value Analysis
Abstract Case Intro 1 Case Intro 2 Excerpts

Excerpts

Happy Land Project Challenges

Jain asked the project team to identify the risks involved in the construction and operation of Happy Land. A feasibility analysis of the Happy Land Project was done to determine whether the project was technically feasible as well as economically justifiable. It revealed certain key challenges pertaining to the project..

Happy Land Project Risk Management Plan

The risks were grouped according to the stages in project management and assigned with the arbitrary likelihood (the probability of the risk occurring) and impact values (the intensity of risk occurred) to obtain the risk severity of the project undertaken..

Happy Land Project Progress Evaluation

Jain asked the project team to give constant updates, measure the current progress of the project, and be in a position to forecast the future project progress..

Happy Land Project Inauguration

Despite several minor setbacks, the Happy Land Project was completed as per schedule. A grand inauguration function was held on March 25, 2021, and the park was opened with much fanfare. Afterward, the Phase 2 construction began and the project was completed by March 24, 2022..

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