Construction of ABC Retail Plaza in Australia

Running head: CONSTRUCTION OF ABC RETAIL PLAZA IN AUSTRALIA
Construction of ABC retail Plaza in Australia
Name of the student:
Name of the university:

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CONSTRUCTION OF ABC RETAIL PLAZA IN AUSTRALIA
Table of Contents
Project charter: Construction of ABC retail Plaza in Australia.......................................................2
Introduction......................................................................................................................................3
1. Chosen project topic....................................................................................................................4
2. Case project background..............................................................................................................4
3. Project deliver method.................................................................................................................4
3.1 Project delivery speed............................................................................................................4
3.3 Cost control............................................................................................................................5
4. Evaluation and recommendation of Financial contract type.......................................................7
4.1 Project delivery speed............................................................................................................7
4.2 Cost control............................................................................................................................7
4.3 Quality work..........................................................................................................................8
4.4 Risk/Hazard sharing...............................................................................................................8
Quality work................................................................................................................................9
5. Best recommended procurement method..................................................................................10
5.1 Project delivery speed..........................................................................................................10
5.2 Quality work........................................................................................................................10
5.3 Selection flexibility..............................................................................................................11
6. Development of risk management plan.......................................................................................7
Conclusion.......................................................................................................................................7
Bibliography....................................................................................................................................8

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CONSTRUCTION OF ABC RETAIL PLAZA IN AUSTRALIA
Project charter: Construction of ABC retail Plaza in Australia
Title of the project Construction of ABC retail Plaza in Australia
Project details In order to accomplish the demand of fresh
grocery items and food products along with an
timely order delivery offers (both online and
offline) the owner of the project has decided to
construct a retail store in Australia. The retail
store has around 30 working employees. The
construction outline will be designed in such a
way so that it can attract the store visitors.
Project Scope The scope of the construction project is to
develop a 3D building prototype before
initiating the final construction of the retail
store. Project delivery method, financial
contract type, procurement method are required
to be developed.
Project Deliverables  To provide a greater inventory option to
the consumers of Australia
 To obtain an improved sales potential
 To reduce the rate of shipping cost and
obtain direct feedback from consumers
Identified risks and issues  Financial risk

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CONSTRUCTION OF ABC RETAIL PLAZA IN AUSTRALIA
 Environmental risk
 Technical risk
 Logistic risks
 Managerial risk
Project assumptions It has been assumed that, the construction of
the project will be completed in 8 months
within the estimated cost of $80,000.
Financial assumptions
Milestones schedule Activities Target dates
Project initiation 22/03/2019
Planning 25/04/2019
Construction design 12/08/2019
Execution 20/10/2019
Closure 25/11/2020
Introduction
Construction design is referred to as a unique process used to successfully complete any
construction project within the estimated time and budget. The number of steps varies for the
different construction project. In order to reduce project complexity the most suitable project
delivery method in terms of project delivery speed, seamless communication and cost control are
to be considered. Among three different project delivery methods design build, design bid build