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British Airways London Eye - The Millennium Wheel - Operations management.

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CONTENTS Sr. No. TOPICS Page No. 1. Part A: Executive compensation and Agency theory 2 2. Stages of project London Eye 3 3. Project Environment 4 4. Project Definition 7 5. Typology of London Eye 13 6. Project Planning 16 7. Project Control 21 8. Critical evaluation of planning & control 22 9. Conclusion 24 10. Bibliography 25 11. Appendices 26 INTRODUCTION British Airways London Eye ('LE /The Millennium Wheel') is a remarkable piece of engineering in the heart of London offering visitors, a unique opportunity for a panoramic view of London. The concept of the wheel was an ideal symbol for London in the Millennium - representing the turning of the century. The wheel was an outcome of the united efforts of the project team comprising of Mace Ltd, Tussauds Group, Marks Barfield (the original conceiver of LE) and other specialists from different European nations making this masterpiece truly European. Though the project was agreed to be sponsored by British Airways ('BA') back in 1996,...

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