Development Project for a Residential building (

Development Project for a Residential building (Report):
The project is designed so that you go through the important concepts in project
management using a real project (Residential Building) that you design and implement.
Your textbook has a detailed description of an example and the steps you should go
through in sections called: Integrated Project. The first attempt at the project definition
is on page (72), and pages (182), (253), (292), and (363).
To give you an idea of what to do with your project, in each section of the book where
the Integrated Project step is described, a sample project has been worked on (or solved)
in detail. The name of the sample project in our textbook is ABCups. Read these sections
before working on your own project.
1. Project Overview
1. Project Overview
1. Project Overview—This section is intended to provide a brief background description of the
project, including motivation, goals and objectives, success criteria by which it will be
evaluated, major project deliverables, and identified constraints. See Chapter 5 for development
of project scope.
1.1 Purpose, Scope and Objectives, and Business Case Describe the purpose of the project
here. What are the key deliverables; that is, major items to be delivered to the customer, other
stakeholders, suppliers, or other parties.
1.1.1 Scope
Describe the project scope in general terms. Include a problem statement, detailed steps in
requirements gathering (who was consulted, when?), information gathering (critical features
uncovered from investigation), project constraints, alternatives analysis, and business case
documentation.
1.1.2 Statement of Work (SOW) Include a detailed SOW for the project. Include:


 Key milestones
 Resource requirements
 Risks and concerns
 Acceptance criteria
1.1.3 Business Case
Insert the project Business Case here. You can find an explanation of the business case in
Chapter 5. Briefly identify the business needs to be satisfied, the feasibility of the project, a
description of internal and external forces likely to affect the project, a comparative analysis of
the costs and benefits of this project over alternative solutions, and time estimates to return on
investment. Identify how the satisfaction of business needs will be determined.
1.2 Project Deliverables—List the major items or project features to be delivered to the client.
1.3 Work Breakdown Structure (WBS)—Insert a WBS for the project, including all key
deliverables and work packages.
1.4.1 Include project task description documentation If appropriate, complete project task
description data sheets (for an example, see Figure 5.5 from Chapter 5.
1.4.2 Include an organization breakdown structure (OBS) if needed. Identify all cost accounts
across cooperating departments in the organization. See Figure 5.8 from Chapter 5.
1.5 Responsibility Assignment Matrix—Include a copy of a RAM for the project identifying
all team members by WBS task code, including tasks for which they assume responsibility,
notification, support, or approval upon completion. See Figure 5.10 from Chapter 5.
2. Risk Assessment
2. Risk Assessment
2. Risk Assessment—This section requires evidence of project risk assessment. The section is divided into
subsections on identification of risks, analysis (assessment of risk probability and consequences), and
mitigation strategies. See Chapter 7 for methods for risk management.
2.1 Risk Identification—Identify all relevant risk variables for the project, including a brief description
of the risk variable and the ways in which it is likely to affect the project.
2.2 Assessment of Probability and Consequence (Qualitative)—Insert a qualitative risk assessment
matrix in this space. Give evidence of how you arrived at this assessment, including sign-offs from key
project stakeholders participating in the risk assessment exercise.
Sample Qualitative Risk Assessment Matrix
Low Consequences High Consequences
Low Likelihood Low Priority Medium Priority
High Likelihood Medium Priority High Priority
2.3 Assessment of Probability and Consequence (Quantitative)—Insert a quantitative assessment
of probability and consequences, clearly identifying the criteria used for determining both probability of
failure and consequence of failure. Insert this analysis here.
2.4 Mitigation Strategies—Identify individual mitigation strategies for each high priority risk factor.
Briefly describe the strategy as either: Accept, Minimize, Transfer, or Share and specify actions to be
taken in order to accomplish the strategy.
3. Project Schedule
3. Project Schedule
3. Project Schedule—This section addresses the duration estimates for all project activities, their activity
networks, project critical path, and estimated project duration. A copy of the approved project schedule,
including both activity network and Gantt chart, should be inserted in this section of the execution plan.
See Chapters 9 and 11 for methods for project schedule development.
3.1 Activity Duration Estimates—Insert table with all activity duration estimates shown. Indicate if
each estimate was derived stochastically (through PERT probability estimates) or deterministically.
3.2 Gantt Chart—Insert copy of project Gantt chart. On the chart, make sure and identify the project
critical path, estimated time to completion, and resource assignments. Indicate all activity precedence
relationships.
3.3 Activity Network—Provide activity-on-node (AON) project network.
4. Project Budget
4. Project Budget
4. Project Budget—This section includes activity cost estimation and the project budget. All direct and
indirect costs should be included as well as the method used to develop fully loaded costs for all project
resources. See Chapters 8 and 12 for examples of methods for cost estimation, fully loaded resource
charges and time-phased budgeting.
4.1 Project Resources—Identify all project resources. Include employment status (full-time, part-time,
exemption status, etc.). Develop fully loaded cost table for all project resources.
4.2 Other costs—Identify all significant costs for materials, equipment, overhead, expediting, etc.
4.3 Cost estimates—Submit ballpark, comparative, and feasibility estimates. Show all information
gathered to support these estimates. Identify who participated in the cost estimate exercise. Provide final,
definitive estimate for final project budget.
4.4 Time-phased Budget—Submit time-phased budget with estimated expenses costed by project
duration increments (weeks, months, quarters, etc.).
Report and Presentation
Report and Presentation
Your report should take the form of a proposal to your manager (in this case your instructor). Each
report should comprise at least the following sections:
 Cover Sheet (e.g. Project, title, Group number and student names and ID’s)
 Introduction (what is in this report) (Page 1)
 Report body (topics/questions mentioned above) (page 2-15)
 Conclusion (page 16)
 References (page 17)
Project Presentations slides
Required Sections:
1. Project Overview
2. Risk Assessment
3. Project Schedule
4. Project Budget