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    Panama 2006

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    Ashwin Rajaratnam
    The Panama Canal connects the Atlantic and Pacific oceans through the narrowest part of Central America. The French first attempted to build the canal in 1881 but failed. The US later took over the project in 1904 and completed it in 1914. Key factors in the ultimate success of the project included improved resource management, planning, and risk mitigation strategies to address issues like disease outbreaks, landslides, and damage from explosives.

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    Panama 2006

    Uploaded by

    Ashwin Rajaratnam
    55 views16 pages
    The Panama Canal connects the Atlantic and Pacific oceans through the narrowest part of Central America. The French first attempted to build the canal in 1881 but failed. The US later took over the project in 1904 and completed it in 1914. Key factors in the ultimate success of the project included improved resource management, planning, and risk mitigation strategies to address issues like disease outbreaks, landslides, and damage from explosives.

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    ppt on panama canal with apa citations

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    The Panama Canal connects the Atlantic and Pacific oceans through the narrowest part of Central America. The French first attempted to build the canal in 1881 but failed. The US later took over the project in 1904 and completed it in 1914. Key factors in the ultimate success of the project included improved resource management, planning, and risk mitigation strategies to address issues like disease outbreaks, landslides, and damage from explosives.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    55 views16 pages

    Panama 2006

    Uploaded by

    Ashwin Rajaratnam
    The Panama Canal connects the Atlantic and Pacific oceans through the narrowest part of Central America. The French first attempted to build the canal in 1881 but failed. The US later took over the project in 1904 and completed it in 1914. Key factors in the ultimate success of the project included improved resource management, planning, and risk mitigation strategies to address issues like disease outbreaks, landslides, and damage from explosives.

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    You are on page 1of 16

    Key Concepts in Project Management:

    Panama Canal

    Ashwin Rajaratnam 300989202


    Hardeep Kaur 300992114
    Melike Merih 300986470
    Rajvindra Singh 300990631
    Simrandeep Singh 300991264

    12/3/2018 1
    Agenda

    Introduction Issues Solutions

    2
    Introduction

     Panama Canal is a 48 mile canal that


    connects the Atlantic Ocean to Pacific
    Ocean (Canal De Panama, 2018).

     Located in the narrowest part of the


    American continent.

    Source: Canal De Panama; Retrieved from https://www.pancanal.com/eng/

    3
    History
    French started the project in 1881, but failed.
     USA took over the project in 1904 and completed in 1914.

    4
    Agenda

    Introduction Issues Solutions

    5
    Project Issue
     Failure of Panama Canal.

     Attempt by French Company.

    6
    Reasons of Failure

    7
    Agenda

    Introduction Issues Solutions

    8
    Resource Management

     Retaining people to do tasks.


     Building up work morale using routine messages for the cultural
    differences (Clarke,2015).
     Recognizing the work.

    Source: Clarke, Snyder, & Shwom (2015)

    9
    Planning

     Building productive and collaborative relationships (Clarke, 2015).

     Setting incremental goals.

     Learning based on previous projects and experience.

    10
    Risks
     Spreading of the diseases at workplace (Giancola, 2015).

     Occurring of Mudslides.

     Damaging the site with explosives (Nix, 2015).

    11
    Risk Management
     Overcoming the mudslides using contingency plan

     Approaching to diseases using a scientific approach.

     Engineering challenges for locking the doors ( Kendrick, 2018).

    12
    Risk Management (contd.)
     Protecting the houses from earthquake using wood houses/basement.

     Eliminating workers strike with adequate system of wages.

     Controlling the damage by explosives with various approaches.

    13
    Conclusion
    The first sea-going vessel passed the Panama Canal on August 15, 1914.

    The successful completion was through enhanced human resource management,

    proper planning and risk management.

    14
    References
    Canal De Panama. (2018). Retrieved from https://www.pancanal.com/eng/

    Giancola, S. (2015). E1 - Panama Canal Risk Analysis. Retrieved from


    https://www.slideshare.net/SstienGiancola/e1-panama-canal-risk-analysis

    Kendrick, T. (2018). A Tale of Two Projects: The Panama Canal and the Birth of Project and Risk
    Management. Retrieved from http://www.failureproofprojects.com/Panama2006.pdf

    Nix, E. (2014, August 15). 7 Fascinating Facts About the Panama Canal. Retrieved from
    https://www.history.com/news/7-fascinating-facts-about-the-panama-canal

    Clarke, L., Snyder, L. G., & Shwom, B., (2015). Business Communication: Polishing Your Professional
    Presence. New Jersey: Pearson Education.

    15
    Thanks

    16

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