Table of Contents INTRODUCTION...........................................................................................................................1 PRINCE 2 METHODOLOGY........................................................................................................1 Starting Up a Project (SU)..........................................................................................................1 Initiating a Project (IP)................................................................................................................4 Directing a Project (DP)..............................................................................................................7 Controlling a Stage (CS).............................................................................................................8 Managing a Stage Boundary (SB).............................................................................................11 Managing Product Delivery (MP).............................................................................................12 Closing a Project (CP)...............................................................................................................13 CONCLUSION..............................................................................................................................13 REFERENCES..............................................................................................................................14
INTRODUCTION Project Management refers to a detailed planning, organising and overall managing and controlling the implementation as well as execution of the overall project. It is a highly essential activity which is appropriate in context with enhanced and effective accomplishment of set activities at pre-set standards(Hornstein, 2015). The project below is based on development of a project management plan in context with building a house. It includes a detailed application PRINCE2Methodologyand includesa stepwisedevelopment oftheoverallprojectof construction of the house. PRINCE 2 METHODOLOGY It is an effective project management framework which meansPRojectsINControlled Environments. It is inclusive of several principles and processes which must be adopted by individuals which are associated with developing and executing a construction process. The project development plan below is about building a house, which would be a basement, along with 5 rooms. This project requires a keen insight on the implementation of each resource and technique, which would be contributing in achieving a better as well as sustainable design of the house. Thus, it is required to essentially apply PRINCE 2 Technique in order to build an effective house. Starting Up a Project (SU) This is the very beginning of the whole project, which requires to set up a work frame for the construction of house to take place upon. It requires the project manager to lay down certain appropriate and effective layout of the project to develop a business case on which the construction would take place(Joslin and Müller, 2015). Therearecertainessentialswhichtakesplacewithinthisstageintheproject management. These aspects are laid down below: Appointment of the Project Management Team: The first step in this stage is to appoint a project management team that would be undertaking the building of this house. 1
Illustration1: Project Management Team As showcased above, there are several individuals who would be undertaking the overall project of building the house. However, below are the key personnels who would be actively engaged in the construction process. PERSONNELROLES AND RESPONSIBILITIES Project Managers This entity is the most prime and important member of the overall project. They are responsible for carrying out the management of the complete project and regulate each resource for its optimum utilisation(Kerzner, 2017). 2
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Contractors These are the individuals who would be supplying the required raw materialslikecement,electricalequipments,aluminium,etc., which would be used by the company in giving a sustainable design to the house. Lead Consultants Thisindividual is responsible for heading up the design and construction department who would be working on building the project. ArchitectsAnother essential team members are the architects, who would be physically working on the sustainability and design of the building. Development of a Business Case: Another aspect associated with this step is preparation of a business case. A proper and effective business case for construction of the house is developed below: STEPSDESCRIPTION SummaryA project management plan has to be developed concerning building a new house, with a basement and five rooms. Objectives The objective which the construction firm is willing to accomplish through building this house is to provide a sustainable, effective and essentialdesignalongwithlongtermdurabilityinthestructure (Meredith and et. al., 2017). Research The firm would be undertaking both external and internal research for the construction project. As for secondary research, the engineers and architects of the company would be undertaking knowledge regarding the overall construction technique and equipments to construct the house. As for primary, geothermal analysis would be performed to understand the condition of the ground fit for construction. Funding The plan of this project is to generate funding through bank loans as it would be a viable option to generate such a high funding for the project. 3
Initiating a Project (IP) The next step of the overall procedure calls for initiating the whole project. This is a very important stage which is to be considered by the project management team in order to provide a pathway for the whole building project(Klein, Biesenthal and Dehlin, 2015). There are several essential elements which the team would be accomplishing at this stage, which are discussed below: Project Scheduling: To successfully initiate the project, it is very important that a schedule is developed along with the activities and time required for the company to build the house in a sustainable manner. Below are the essentials of this stage: ACTIVITIESTIME Site Preparation and Grading3 Weeks Construction of Foundation2 Weeks Framing2 Weeks Development of Superstructure20 Weeks HVAC, Insulation and Drywall3 Weeks Painting and Electrical Finish2 Weeks Flooring, Plumbing and Finishing Installations1 Week Gantt Chart: 4
Illustration4: Critical Path Defining the Scope: Another crucial aspect associated with this project is defining the scope of the whole construction plan(Samset and Volden, 2016). Thus, it is required by the project management team to define several aspects appropriately within this project that are discussed below: Requirements: There are several requirements which are associated with the overall project and that are very much needed to be defined at this stage for a smooth and essential execution later on. Some of the essential requirements of the project are described below: ▪Construction Documentation:The very first requirement within building the house is all the associated documentation which are related to executing the project in a legally bound manner. Some of the essential documentation include site map, legal description of the project, architect information, legal contracts binding the project, official government permissions and client agreement form. ▪Budget Estimates:Another crucial requirement of building the house project is the requirement of financial assets that would be used within the plan to execute the construction(Ramazani and Jergeas, 2015). The budget for this plan is mentioned below: EXPENSESAMOUNT (£) Hard Construction Costs Foundation,Drywall,Framing,Roofing, Flooring468000 Plumbing, Security System, Electrical60000 Furnishings, Equipment and Fixtures53200 6
HVAC68000 Landscaping14500 Site Operations17000 Sub-total Hard Costs680700 Acquisition of Land66150 Soft Construction Costs Engineers and Architects28000 Salaries and Fees3900 Sub-total Soft Construction Costs31900 Contingencies14000 Total Expenses792750 Stakeholders and Communication: Another essential element related to defining scope of the project is determination of stakeholders and ways to communicate them(Svejvig and Andersen, 2015). It is again necessary for the project management team to determine the individuals that are associated with building the house. Some of these individuals and ways to communicate them are described below: STAKEHOLDERSCOMMUNICATION METHOD Suppliers and ContractorsLetters ArchitectsTelephones ClientE-Mails Government OfficialsCirculars Directing a Project (DP) The next stage calls out for directing the project in an effective and essential manner. This stage requires to set up the human resources and provide them day to day roles and responsibilities under which they would be performing(Sánchez, 2015). Moreover, this stage 7
also undertakes development of a project plan which would be showcasing the key deliverables from the project. This plan in association with building the house is discussed as under, which would be appropriately be contributing to the business case developed above: Cost The project management team estimates the overall cost to be around £800,000, which would be including all the activities like purchasing, hiring equipments, employing human resource and so forth(Walker, 2015). This would coincide with the funding option of Bank Loan which was mentioned in the case above. Communication The company would be adopting all sorts of communication like lateral, horizontal, vertical as well as linear communication in order to ensureappropriateandnecessaryflowofinformationduringthe research carried out by the project team and in the overall construction. Quality To ensure effective quality, the firm would be using techniques like Lean Production and Total Quality Management in the process of construction of the house. However, this stage also requires monitoring ofstandards,forwhich,KeyPerformanceIndicatorsand Benchmarking analysis would be used(Todorović and et. al., 2015). Scope The scope at this stage would be quite effective as new technologies andequipmentsthatwouldbeusedtoexecutetheconstruction. Moreover,thefirmwouldalsobeimplementingtechniqueslike Automation which would be reducing errors within construction. Project DeliverablesThere are several deliverables which would be provided by this project. For instance, the engineering reports would be informing about the currentstatusandrequiredconstructionaspectsofthehouse. Moreover, design documentations would be weighing on the kind of designrequiredbytheclients.Anotherdeliverablewouldbe investigationreport,thatwouldbeinformingaboutthequality standards of the overall project, which in this case is building the 8
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house. Controlling a Stage (CS) It is highly essential to appropriately controlling the project and measure as well as monitor the progress of each stage of the given project. It allows project managers to effectively and essentially enhance the scope of success and better management of the overall project. At this stage, controlling the project risks and quality standards is very important. Thus, it is essential to examine the risks within the overall project and to take corrective actions associated with the same. Thus, risk management plan within this stage is showcased as under: RISKSEVERITYRISK OWNERCORRECTIVE STRATEGY Safety HazardsHIGHProject ManagerOne of the most fatal risks which might be facedbytheproject managementteamis the hazards related to safety.Inorderto essentially mitigate the same,thestrategy whichmustbe developed would be a detailed training to the employeesregarding severaltypeof technological and fatal risksassociatedwith working from different equipments. Moreover,adetailed assessmentand 9
analysisofthe equipments is another strategy which must be adopted. Ineffective Technological Equipments MEDIUMProject Sponsor Anotherprimerisk which might risk the durability of structure and finishing of design is absence of effective tools and machinery to work.Thus,the projectsponsormust formulatecontracts withrenownedand accountablesuppliers which provide the firm withtopquality equipmentsand technologiestowork with(Golini, Kalchschmidtand Landoni, 2015). Labour ShortageLOWLead ConsultantHoweverlowerthis threatonseverity,it might cause a serious delaytothewhole project. Thus, in order to effectively cope up with the risk, the lead consultantmust 10
employeffective humanresourcesthat maintain the regularity ofwork.Moreover, effectiverecruitment and selection practices must be implemented in context with hiring aptandeffective individuals only. Moreover, in terms of controlling the quality, there are several methods which would be implemented in order to ensure that the work is being done in a safe and effective manner. Some of the quality control techniques are discussed below: Testing and Inspections: The first and most appropriate technique used in this stage is testing and inspections. Several government officials would be contacted who would be coming and assessing the quality of material used in construction, methods utilised as well as equipments employed in building the house. The inspection could be on the grounds of safety, quality, reliability and feasibility Key Performance Indicators: Another appropriate technique which would be utilised within the same is KPI. Several indicators in terms of design and durability would be chosen, which would be showcasing the effectiveness in the project management. Benchmarking Analysis: This technique is associated with setting up several benchmarks to achieve to ensure utmost quality and feasibility in the structure and design of the new house(Fleming, and Koppelman, 2016). This technique would be allowing the team to measure their success based on the benchmarks set before starting up the project. Managing a Stage Boundary (SB) Within this stage, the house building process would be appropriately divided into management stages, plus, the boundaries would be set on which the project performance would 11
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be reviewed.There are several stages which would be accomplished within this step. All these stages are discussed as under: Next Stage Planning: In this stage, the current project performance would be evaluated and alteration would be marked to be performed to keep up with the objectives of the project plan. This requires a detailed review of the project initiation documentations. Updating Project Plan: After calculation of actual results, project plan would be altered to suit the new criteria and alterations. These modifications could be on the terms of quality which is yet to be achieved, or the changes in cost, or the deliverables from the project. Updating Business Case: Current adaptations in the results would also embark certain changes in the business case in this stage, which would be inclusive of the risks, tolerance level and delivered benefits of the project. Reporting Stage End: At this step, authorisation from the project manager is very necessary and thus, each stage would be reported on terms of performance, general progress, current situation of risk, project forecasts and alterations in business case. Exception Plan: After the desired modifications are authorised, project management team would be developing an exception plan with the needed changes and would start progressing towards the same effectively. Managing Product Delivery (MP) In this stage, the project manager would be acting as a supplier, who would be working on the deliverables of the project. There are three effective steps of this stage, which must be followed by the manager, which are discussed below: Accepting Work Packages: This is towards the end of the whole project, where definite deliverables would be decided by the manager, along with the risk factors, constraints and resources. This stage also would be witnessing creation of a team plan where all the activities would be crafted for the human resources to carry out(de Carvalho, Patah and de Souza Bido, 2015). 12
Executing Work Packages: This means a continuous execution, where all the plans would finally be executed. In this stage, the project manager would oversee that the work is being performed by the team as per the set standards and all the modified activities are being carried out appropriately. Delivering Work Packages: In this, the package could be referred to as the design and overall construction of the house. Thus, it includes accomplishment of the construction process, along with aspects like flooring, roofing, HVAC finishing and setting up of furnitures and furnishings. Closing a Project (CP) The last stage of overall house building project requires a definite closure to the construction of this house. A detailed evaluation is expected at this stage to make sure that the house has been built with utmost effectiveness and sustainability. Moreover, revisions would be performed to check as to whether the construction is at par with the plans and whether some modifications are to be done(Costantino, Gravio and Nonino, 2015). If not, the house would be declared available for the clients to move into, along with signing up of final documentation of finishing up the project of building a house. CONCLUSION Thus, it is concluded by the information above, that project management is quite essential in terms of appropriately enhancing the scope of success of a particular project. PRINCE 2 technique is very crucial to be implemented, which would be providing the project management team with a framework to work upon. Lastly, each stage of the process must be accomplished appropriately with regards to providing essential design and sustainability to the project, to ensure a complete success. 13
REFERENCES Books and Journals Costantino, F., Di Gravio, G. and Nonino, F., 2015. Project selection in project portfolio management:Anartificialneuralnetworkmodelbasedoncriticalsuccess factors.International Journal of Project Management.33(8). pp.1744-1754. de Carvalho, M. M., Patah, L. A. and de Souza Bido, D., 2015. Project management and its effects on project success: Cross-country and cross-industry comparisons.International Journal of Project Management.33(7). pp.1509-1522. Fleming, Q. W. and Koppelman, J. M., 2016, December. Earned value project management. Project Management Institute. Golini, R., Kalchschmidt, M. and Landoni, P., 2015. Adoption of project management practices: Theimpactoninternationaldevelopmentprojectsofnon-governmental organizations.International Journal of Project Management.33(3). pp.650-663. Hornstein, H. A., 2015. The integration of project management and organizational change management is now a necessity.International Journal of Project Management.33(2). pp.291-298. Joslin, R. and Müller, R., 2015. Relationships between a project management methodology and projectsuccessindifferentprojectgovernancecontexts.InternationalJournalof Project Management.33(6). pp.1377-1392. Kerzner, H., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Klein, L., Biesenthal, C. and Dehlin, E., 2015. Improvisation in project management: A praxeology.International journal of project management.33(2). pp.267-277. Meredith, J. R. and et. al., 2017.Project management: a managerial approach. John Wiley & Sons. Ramazani, J. and Jergeas, G., 2015. Project managers and the journey from good to great: The benefits of investment in project management training and education.International Journal of Project Management.33(1). pp.41-52. Samset, K. and Volden, G. H., 2016. Front-end definition of projects: Ten paradoxes and some reflectionsregardingprojectmanagementandprojectgovernance.International Journal of Project Management.34(2). pp.297-313. Sánchez, M. A., 2015. Integrating sustainability issues into project management.Journal of Cleaner Production.96.pp.319-330. Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature review with a critical look at the brave new world.International Journal of Project Management.33(2). pp.278-290. Todorović, M. L. and et. al., 2015. Project success analysis framework: A knowledge-based approach in project management.International Journal of Project Management,33(4). pp.772-783. Walker, A., 2015.Project management in construction. John Wiley & Sons. 14