Microsoft Word - MAN5401 Fracking Assignment Case Study S2 2018 1 Cox Peninsula Fracking Site Project - Case Study Assignment Contents Background...

Running Head: BUSINESS REPORT        1
BUSINESS REPORT                                        2
    
BUSINESS REPORT
COX PENINSULA FRACKING SITE PROJECT - CASE STUDY ASSIGNMENT
TASK 1
Executive Summary
In the cu
ent business report, the role of stakeholders, in the given context of proposed project and its occu
ences of issues have been discussed in two separate tasks. This is the first task, where in the context of a given case study, the impact of stakeholders has been discussed critically, taking help from literary sources for authentication of provided arguments. In the following section, the potential of the proposed project in meeting the demands of the stakeholders are discussed. In order to determine the level of engagement of the stakeholders, the stakeholders mapping technique has been used and based on the findings appropriate suggestions are provided. Lastly, a conclusion is provided to give readers a better chance to assess the entire range of discussion provided in the task.
Table of Contents
Task 1    4
Introduction    4
Impact of Present Proposals on Stakeholders    4
Evaluation of the KEF Gas Pty. Proposal Meeting the Needs of Stakeholders    6
Stakeholders’ Engagement    7
Findings and Recommendations for Project Sponsors    8
Conclusions    10
References    11
Task 1
Introduction
In the cu
ent case study, it is found that the proposal for staring gas extraction from Northern Te
itory of Australia, which has rich reserves of natural gases have certain issues with the stakeholders due to near location of two rural areas of Swisse Beach and Goordup of Cox Peninsular, which makes preparation of a business report necessary. The cu
ent case study shows how important is it to consider the needs of the stakeholders and its impact on business. The report presents the impact of the proposals on the stakeholders and evaluates them in the context of the chosen organisation, KEF Gas Pty. The report also provides proper assessment of issues and justified suggestions. In addition, the report also presents a proper conclusion at last that makes the readers easily aware about the entire discussion. In the report literary sources such as newspapers, journals and articles are used. Tools such as stakeholders mapping and data analysis have been used.
Impact of Present Proposals on Stakeholders
In the given case, the sponsors of the project, the upper and lower management and the employees appear as the internal stakeholders, while the customers and clients of the potential business product, which in the given case study is the natural gas, and are the external stakeholders.
    The proposal suggested that two sites from Northern Te
itory (Cox Peninsular) would be used for natural gas extractions. The entire region being full of natural gas makes the chances of failed plant installing minimal and would encourage the sponsors of the project to invest heavily, making the project advanced without the consideration of the risk generated from lack of gas in proposed sites. As mentioned by Bessolitsyn (2018), in case of mining and extraction businesses the availability of mined ores, or fossil fuels make the business set up process firm and the confident of the sponsors high. However, considering the past objections of local opposes of fracking process gas extraction, the sponsors have to keep in mind that there might be a need of more investment for objectionable delays, protests and security allocation for safety from mobs.
The high confidence in the proposal will make the proposed project realised, the managers, i
espective of being on the higher and lower levels would get consistent job, and the new set up would cast heavy workload of human resource management, project management, budget management, finance management, which would require showcasing of managerial skills and knowledge. As stated by Givord, Quantin and Trevien (2018), projects that are have long-term consistency of workload generate scope for mangers to work for organisations consistently, securing their earning and increasing workload.
In the context of the proposed project, it can be assumed that the employees of KEF Gas Pty would get the chance of consistent employment and the existing employees would get the chance to work at the newly installed facilities at Cox Peninsular. It is also noticeable that as the setting up process would be time consuming, employees from other facilities of the organisations might be transfe
ed to the installation sites to offer their labour, giving scope to acquire new skills. As identified by Patel (2018) employees transfe
ed to installation sites would face the issue of heavy machinery relocations and mounting, which increases will increase the chances of accidents and safety concerns.
Lastly, the customers and clients in the local area, namely the external stakeholders would get the chance of buying gas from within their country, which would
ing down the cost and save the additional expenses of imported gas. As mentioned by Marlina, Sjarkowi and Yusuf (2018), having resources of mined minerals and fossil fuel within the boundary of a country in ample amount always...