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Understanding Project Management Careers

   

Added on  2020-06-04

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CONSTRUCTION PROJECT
MANAGEMENT
Understanding Project Management Careers_1

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
A) TIME/ PLANNING SCHEDULE..............................................................................................1
1) Detailed time/planning schedule (Checklist of questions).....................................................1
2) Division of time/planning schedule........................................................................................3
3) Internal and external time influences......................................................................................5
4) Planning (Bottom-up or top-down).........................................................................................7
5) Time limiting or resource limiting project..............................................................................7
6) Dependent and parallel tasks..................................................................................................8
B) RISK MANAGEMENT..............................................................................................................9
1) Project risks (Internal and external)........................................................................................9
2) Risk assessments (Qualitatively and quantitatively)............................................................10
3) Risk register..........................................................................................................................11
4) Risk management table.........................................................................................................14
5) Transition and contingency plan...........................................................................................16
6) Insurance considerations.......................................................................................................17
7) Discussion on emergency plans............................................................................................19
C) NEGOTIATION AND CONFLICT RESOLUTION...............................................................20
1) Problem (Definition).............................................................................................................20
2) Responses from each of the parties involved........................................................................20
3) Types of negotiation styles and adoption of adequate negotiation (With justification).......21
4) Steps taken in order to resolving the issue............................................................................22
CONCLUSION..............................................................................................................................23
REFERENCE.................................................................................................................................24
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ILLUSTRATION INDEX
Illustration 1: Gantt Chart................................................................................................................5
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INTRODUCTION
Project management is a process of planning, implementing and controlling team work to
achieve any specific goal regarding business expansion and innovations in its services. It is a
technique of project succession and management of entire operations. The present report is based
on understanding aspects of project management for Harrowford & Sons regarding property
development. It is Property Development Company in Australia which is known for property
development and professional advisor on purchasing, selling and renting properties. In this
regard, all tools including time schedules, management of risks and negotiation on project plans
are to be described. However, project plan and timing to accomplish any activity can be
presented for goal accomplishment. In addition to this, risks occurred in projection and solutions
for them are to be expressed through this assignment. Along with this, negotiation and conflict
resolution for success of project plan has been presented for the organisation. Thus, students are
able to understand several aspects of project management for property development through this
report.
A) TIME/ PLANNING SCHEDULE
Harrowford & Sons is wide spread and well-known company which deals with property
related projects such as buying, selling and renting them. In this project plan, company is
planning to set up a luxury apartment of 20 units of two and three-bedroom flats. Including this,
luxury reception room, balcony, fitted kitchen, a gym and 24 hours guard are also planned for
property development of the entity (Argirova and Ivanov, 2015). In addition to this, parking
facilities and different other facilities are also planned for project accomplishment. However,
for selling flat of the apartment, director has set its selling price as £420,000 and £500,000 or
equivalent. For this purpose, proper timing and scheduling set for accomplishing task and
implementing action plans properly in a certain time. In this regard, planning scheduling for
project management can be understood as follows:
1) Detailed time/planning schedule (Checklist of questions)
For construction of apartment and selling of flats, all planning and questions are detailed
to be accomplished for Harrowford & Sons. In this regard, checklist of all questions and details
regarding projection can be described as below:
Project plan Review checklist
1
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Project name Construction project management
Project manager David Das
Team structure Team builder, engineers, workers, assistances.
Project plan questions
Serial Number Question Answer
1 Are all required sections have been addressed
in the project plan?
Yes
2 Is adequate time set on each project activity
for apartment of 20 units?
Almost
3 Have all risks been assessed for project from
all angles?
Yes, with back up of solving
upcoming risks
4 Is there any planning for effective team
building and conflict management tools?
Yes, work is to be segmented
among workers according to
their capabilities.
Scope and management plan related questions:
Serial Number Question Answer
1 Is scope for project clearly identified? Yes, also expressed to all team
members.
2 Are all project assumptions and approaches
are recognised efficiently?
Yes
3 Is team structure prepared effectively for
segmenting work according to members'
Yes, by identifying their
capacities for working in team.
2
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working capacities?
4 Have you planned for all activities as
estimated cost to be incurred and time
consumption on each action plan?
Yes
Risk and quality management related questions:
Serial
Number
Question Answer
1 Have potential risks in project been assessed
properly with back up plans?
Yes
2 Can all team members get adjusted according
to dynamics occurred for project's success?
Yes (In accordance to their
working abilities).
3 Are all workers able to contribute in team
work according to expected efficiency?
Yes
4 Can project accomplish qualitatively for
construction of apartment?
Yes, definitely.
2) Division of time/planning schedule
Project plan for constructing apartment for Harrowford & Sons regarding property
expansion requires setting time and schedule properly (Bonnal, 2012). Therefore, all action
plans for implementation are segmented in a certain time period can be understood as below:
Plan Activity Time frame
Setting objectives and
strategies (map)
At first, goals are set for construction
according to which mapping and
strategies are prepared regarding all
tasks and project (Demeulemeester,
1-2 weeks
3
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