Construction Project Planning Phase
Your clients have secured the financing to develop 48 acres land into mixed-use buildings. They have asked you to draft a high-level project plan to begin the more detailed discussions. Forty percent of the site is an undeveloped field, and the project must include a nursery school.
Where should you begin?
Based on your readings and your experience, identify the approach you would take to drafting this high-level plan.
Describe three key questions you would ask your clients and your rationale for starting your planning with those questions.
The beginning point for the project will be the planning phase. The planning phase is one of the most essential segments of the project because during this session the scope, schedule, and budget will be defined. The beginning of the planning phase is also equally important. One step that is often overlooked is to include all of the relevant stakeholders so that their...
5.4: Accept Bullring team accepted some risks; however, the company developed the effective cost and schedule strategies to manage these risks. For example, the company allotted sufficient fund to militate against risks associated with the project costs and schedule. Table 2 presents the compressive list all the risks deemed to affect the outcome of the Bullring project. Table 2: Associated Risks on the Project Cost Related Risks: Index Scores Tight project schedule 0.67 Design variations 0.49 Project variations from
(in its turn, the financial environment must be understood with reference to the wider economic situation.) Cost control is the activity which compares cost performance against the cost plan, adjusting one or the other dynamically by reference to the changing circumstances in the project's financial environment. (Hughes, 1991, p.1) 2. Time Control -. Timing is influenced by many environmental factors, but the client's attitude to the timing of the project
project planning and management analysis of two different projects .We compare and contrast the different approaches that should be adopted by a project manager who is managing the two types of projects that have different requirements as outlined in their charters. The two projects are Highway Expansion Project (HEP) and Next Generation Cell Phone Product (NGP). A project can be defined as an attempt to achieve a given objective or
Project Management and the Transformation System In this research paper, the author discussed he concept of project management employing in a construction firm. The author described briefly, the mission of construction organization, i.e. its product and services, intended markets, and how the product or service is distinct from those offered by competitors. The author also analyzed the scope of integration of project management concepts such as; Project Planning, Portfolio, Life Cycle,
Residential Construction Project Version description/reason for updating the document Initial version The company will provide project management services to the client for all stages of the residential home construction. Our process consists of the following phases, which are greatly simplified here: Initiating, planning, executing, controlling, and closing. Project scope: This project is being undertaken in order to build a new residence for the Jones family. The construction project is for a single-family swelling on a
Project Management How well the client's value was understood. Normally the client's values are not understood well or possibly at all. This often results in many delays or modifications because if the values are not understood then the quality is unlikely to meet the end-users expectations. There are many ways to try to mitigate these risks in a project during the planning phase. However, there are often a wide variety of different
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