Posted: January 15th, 2015
designing a 2 bed room flat
Order Description
Instructions
You are to consider a project and prepare a report assessing its management. This should be a personal one or one drawn from your work experience. Your report should
focus on the effectiveness of the planning as well as the implementation activities. The management of project resources and budgets should be considered and the risks
discussed. Applications of the techniques discussed in class and covered by the textbook are strongly encouraged, and speculative or indicative data is permitted. Your
assignment should illustrate the application of techniques in areas such as:
1.Project Selection and Evaluation Methods
2.Work Breakdown Structures,
3.Planning techniques such as Gantt Charts or the Critical Path Method,
4.Workload and Cost Estimation methods,
5.Budgeting and Financial Control,
6.Risk Assessment and Management, and
7.Resource Management
Given the wide variety of projects that may be found, and the unlikelihood that any particular one might have sufficient data for all these techniques to be shown, but
as many should be used as possible.
THEREFORE I HAVE CHOSEN TO DESIGNEE A 2 BED ROOM FLAT
P.S:- here is a summary go 700 words to be more specific
My Summary:
The Prestige Group is a real estate company based in India and develops properties in Residential, Commercial, Retail, Leisure & Hospitality sectors. Therefore it has
just started with a luxury high-rise apartment complex in Bangalore (India) called ‘West Woods’ where most of the flats are almost tailor-made for the residence. In
addition it offers various lifestyle facilities for the residence, for instance children play area, clubhouse, sports club. Hence this project will concentrate on the
way in which one of the flats in this apartment will be tailor-made according to personal requirements. It is a two bedroom flat with a kitchen, balcony, living and
dining area. As it is a long-term investment, planning is necessary, hence this project will consider on creating a design with the help of a floor plan for the flat
in terms of energy efficient, fitting furniture and other equipment’s in the flat. The purpose of this project is to enable completion of project in the shortest time
possible while balancing cost and quality. Moreover it is a roadmap till the end of the project. Tools, techniques, procedures and activities are used to help
successfully initiate the project and complete a project on time and within budget by tracking all the components of the project.
All the management tools used in this project help in the decision making process such as better cash flow management, stock management and encourage forward planning,
which finally allows the project to run smoothly. Project estimation and planning is required and this can be done by using a work- breakdown structure (WBS), that
defines each activity required to complete the project. This would provide an effective communication tool to ensure understanding of project goals and the means to
achieve them. Projects are limited by their product quality and process quality requirements, thus the essay will identify the project scope, flexibility and
alternatives by estimating the total costs, time and resources required. The purpose of this tool is to understand the content and complexity of this project. To
finance activates it is necessary to identify a reliable source of finance, so this project will be funded by internal finance such as personal funds and retained
profit. However external finance is also needed due to scarcity. Therefore the most common types of loans, such as real estate mortgage will be used after negotiation.
Consequently, the EMI (Equated Monthly Installment) will be calculated based on the mortgage. Therefore this loan amount can be used to pay the rent and other project
necessities. Furthermore this project will have to choose either time or quality in terms of completing the flat, hence this decision would be made with the help of a
dissection tree, budgeting and a complete cost-benefit analysis. This project will include costs such as labor, equipment, suppliers, materials, travel, overhead and
contingency plan.
A network analysis can be used by identifying start and completion dates of all activates the duration of the project could be estimated, after which it gets easier to
track progress by providing a baseline. In addition it will help to identify the minimum time required to complete a project. Therefore this network analysis consists
between 15-17 activates that would help allocate resources efficiently almost within 18-24 weeks. With the help of these various tasks the project can be planned in a
logical and coherent manner so that the different processes are completed with minimum delay and maximum efficiency. Subsequently the CPA (critical path analysis) will
be identified, which will assist in identifying the minimum amount of time needed to compete the project. It is necessary to identify, analyze and respond to any of
the threats throughout the projects in order to meet its needs. Therefore prioritizing and planning could reduce the impact of risks to a large extent.
Finally a project manager cannot execute his/her job without a proper set of tools with the help of all these management tools, techniques, procedures and activities
the project is capable of moving forward. Planning is less expensive then reorganizing and recovery. Therefore the essay will conclude based on the results obtained by
the various analysis made by each tool and technique.
here is a structure to help you
STRUCTURE:
•Intro
•Background
•Work- breakdown structure (WBS)
•Loan-real estate mortgage
•Dissection tree
•Budgeting
•Complete cost-benefit analysis-include costs such as labor, equipment, suppliers, materials, travel, overhead and contingency plan.
•A network analysis-15-17 activates within 18-24 weeks_ identify CPA (critical path analysis)
•Analysis
•Conclusion
you could also include
Process- Water supply and Water profiting
Toilet
Kitchen
Balcony
Electrical services
CCTV
Air conditioning services
Fire hydrate works (fire system)
Flooring
Wood work
Metal works
Painting
Fitting and fixing
Polishing and finishing
Prequring loss furniture and furnishing
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