Page 6: Conclusion
Metro Cammell is operating in a market place characterised by change, particularly in the domestic market. National privatisation of the rail industry has changed not just the way the market operates but also the customer base and its requirements. Passenger rolling stock, locomotives, carriages and multiple-unit trains were transferred to leasing companies (ROSCOS) in 1994 before privatisation in 1995.
The UK government’s Private Finance Initiative (PFIs) has also affected Metro Cammell’s operations. Recently GEC ALSTHOM was selected to build and maintain trains for the Underground’s Northern Line over a 20 year period.
A successful project meets schedules and provides end-user satisfaction whilst at the same time fulfilling the criteria of cost. Efficient project management provides Metro Cammell with the flexibility to respond to project requirements from the offer of tender until the project is completed and is the key to future success. Metro Cammell can adapt and rapidly respond in a way which takes advantage of opportunities created through change in a highly technical industrial environment.