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    project management tools and techniques

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    What kind of challenges did this project (see attached) face with regard to project management tools and techniques?

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    What kind of challenges did this project (see attached) face with regard to project management tools and techniques?
    At every stage of project management, the Eurotunnel faced challenges. For instance during the initiation stage of the project it is necessary to carry out financial analysis of costs and benefits including a budget. The project team should develop a project charter clearly delineating the costs, tasks, deliverables, and schedule. However, in case of Eurotunnel the construction costs were estimated to be 2.842 billion pounds and the financing requirement was estimated to be 4.874 billion pounds. However, the actual costs were 4.65 billion pounds and 8.93 billion pounds respectively. Eurotunnel not only failed to carry out realistic financial analysis of costs/budget but also miscalculated the time that would be taken to complete the project. ...

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    project management tools and techniques are discussed very comprehensively in this explanation..

    $2.19

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