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Construction in 2008 recession
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In the early 1980’s, Denver experienced significant economic growth due to the booming oil, real estate, and tourism industries. The major airport that operated within Denver during that time was the Stapleton Airport. Up to 1970, the Stapleton Airport was able to accommodate the demands of Denver but in subsequent years it was unable to meet the ever growing needs of the city. The Stapleton Airport was seen as a liability and limited the attractiveness of businesses that were swarming to it. Issues with handling high traffic volume, disruptions in connection schedules, and an overall poor airport layout led the city of Denver to decide whether they wanted to expand or replace the Stapleton Airport. A study performed in 1983 determined that an expansion of Stapleton’s capacity was needed.
In the mid-1980s, there were some changes in the financial climate that caused concern among both economists and business leaders. The dreary economy forced Denver to embark on a major public construction mission to try and save the region from the economic freefall. This also caused a push for a new airport to stimulate new business to the area, import federal capital, and help in the creation of new jobs to help offset the short-term loss in the economy.
In November 1989, ground was broken on the construction of the Denver International Airport (DIA). A typical master plan approach was taken by the City of Denver during the initial conception of the DIA project, and eventually a consulting team was awarded a contract to help due to their expertise in the fields...
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...m being successful. The PMT should have worked closely with the city of Denver to determine the needs for the new airport before construction. Since the deadline was tight, the project was required to go into a design-build mode that proved to be the downfall of the whole project. If BAE was contacted at the beginning of the project, they could have helped in the design and layout of the airport so it could heave accommodated a sophisticated baggage-handling system. Coordination and organization should have been key aspects of the project, but both were lacking. In order for a project of this magnitude to be successful, proper project planning is needed to ensure that all project management knowledge areas are in sync and working as a cohesive unit.
The series of events as shown in the ABC documentary with the application of PMBOK in complex projects will be evaluated in the following report. The Federation Square project was launched in March 1996 then embarked in 1998 and was opened in October 2002, two years behind schedule however with all manufacturing still not complete (Vic Auditor-General 2003) requiring considerable post-completion maintenance and support and further wasting of valuable resources. This was the culmination of six years hard work coupled with two different political parties and involved thousands of contract personal costing $473.3million (Report on Public Sector Agencies, May 2003 2.232). As well as been constantly besieged with issues and heavy criticism from the general public the project is an example of the major problems that can impede a project that is outside the total control of the project
Denver already had a functioning airport with Stapleton and increased only in space but no technology with the construction of the Denver International airport. Consequently, this brings questions as to why there was a need for a new airport in the first place. The runways have been laid out to resemble
From the 1940s to the 1980s, Colorado was experiencing a powerful growth. Jobs and investments that were created because of World War II were bringing in so much money to the American people. The military personnel as well as their families had so much money that nobody was real sure on what they should do with it. The money was just steadily increasing. The prices of farm goods were beginning to increase which was pure benefit for Colorado (From War to Prosperity: 1940 – 1980, 2008). Colorado was starting to boom with success thanks to many different key factors.
Retrieved June 17, 2015, from http://money.cnn.com/infographic/news/companies/airline-merger/ Lawrence, H. (2004).
“All told, there is over 6 million square feet of public space at DIA. The airport brags that they have room to build another terminal and two more concourses and could serve 100 million passengers a year. The airport flew 50.5 million in 2008” (Anomalies Unlimited 3). There is no need for that much room in any one airport especially when they are only flying half as many as th...
As Frontier approached its 10th year of operation, Frontier officials realized an image shift was in order. The airline had established a reputation for friendly and reliable service, and reasonable airfares, mainly appealing to leisure travelers. But they reali...
Many factors played into the bust of the 1980’s. One of these was layoffs. During this economic downturn nearly 48,000 workers were laid off. Frontier airlines went bankrupt in 1986 and shut down. 3,500 workers were laid off. Other companies that laid off workers and closed include Lowry Air Base, Fitzsimons Army Hospital, the Rocky Mountain Arsenal, and the Rocky Flats nuclear weapon plant. Real estate prices were over speculated. Another factor was construction. With high immigration into the state, construction companies started over building. Instead of looking back, when the increase in prices was caused by speculation, people were looking forward to continued growth. Oil also played a part. The recession also hit western Colorado because of oil. Shale oil was promising ...
After September 11th, 2001, the airline industry experienced a significant drop in travel. The reasons for the airline industry downfalls also included a weak U.S and global economy, a tremendous increase in fuel costs, fears of terrorist's attacks, and a decrease in both business and vacation travel.
"Problems" in the airline industry have not risen due to too much competition within the industry. To the contrary, Washington regulators should turn the industry loose in any more ways that it can. Lowering restrictions to enter the market place, emphasizing private ownership of aviation matters, and encouraging open and free competition within the scope of anti-trust law should be the goals of the Clinton Administration. Instead of heading towards re-regulation, Washington should get out of the airline business for good.
As aviation matured, airlines, aircraft manufacturers and airport operators merged into giant corporations. When cries of "monopoly" arose, the conglomerates dismantled.
Airport planning, once carried out utilizing a single future forecast, failed to account for the complexity and uncertainty of the aviation industry. Today, it is widely assumed airport success can only be met through the utilization of a flexible, integrated planning approach that sees forecasts as incorrect.
Airports can be considered as important national resources of most countries in the world. The main responsibility of an airport is in transportation of people and goods and in internal and global business. They are where the nation’s aviation system connects with other modes of transportation and where state responsibility for managing and regulating air traffic operations intersects with the role of governments that own and operate most airports. However, most major airports are owned and operated by the private sectors. This is due to several reasons such as to improve efficiency and economic performance, be more competitive as well as to maximize the community’s return from the airport assets in which public enterprise found out to be less efficient in term of its production and management.
The competitive advantage of an airport depends on five core factors, namely the Spatial, Facility, Demand, Service and Managerial factor. The Spatial factor refers to the level of regional development surrounding and around the airport, for example, an international trade zones, convention centres, and other facilities. Facility factors are the level of facilities and the airport’s ability to expand and increased its facilities. Demand factor refers to the level of origin-destination demand and that of transit and transfer traffic volumes for hub-and-spoke network. Service factor refers to the...
Airports are vast facilities covering many acres of land where passenger beginning the flight portions of their travels. The first flight by the Wright brothers in Kitty Hawk, NC in 1903 only required a runway. As the technology of flight advanced to offer passenger service, there was soon a need for a building to manage passenger needs. Airports of today provide many key services needed for the traveler whether they are beginning, transferring, or ending their journeys. The demand for air transportation rises each year, according to the Department of Transportation (United States Department of Transportation, 2013) 815.3 passengers traveled by airplanes in 2012. With the demand expected to rise, airports must be able to keep pace with services. There are many different services provided however, this report will discuss terminal design, baggage handling, and ground access.
When planning a new project, how the project will be managed is one of the most important factors. The importance of a managers will determine the success of the project. The success of the project will be determined by how well it is managed. Project management is referred to as the discipline that entails the processes of carefully planning, organizing, controlling, and motivating the organization resources so as to foster and facilitate the achievement of specific established and desired goals and meet the specific criteria of success required in the organization (Larson, 2014). Over the course of this paper I will be discussing and analyzing the importance of project management.