Project Management for Newspaper Publishing Business in Cambodia

This project plan focuses on setting up of a newspaper publishing firm in Cambodia. The paper explains in details every aspect of the project. The paper defines the project plan. The project plan will help to know the task activities in details.

Running head: PROJECT MANAGEMENT
Project Management
Name of Student
Name of University
Author’s Note

1PROJECT MANAGEMENT
Table of Contents
Statement of the problem...............................................................................................2
Project goals and objectives...........................................................................................2
Project Deliverables.......................................................................................................3
Gantt chart......................................................................................................................8
Work Breakdown Structure............................................................................................9
Milestone of the project...............................................................................................10
Project Budget..............................................................................................................11
Cash Flow of the Project Budget.................................................................................16
5 years Financial Plan of Newspaper Publishing Business..........................................18
Project Risk Evaluation................................................................................................19
Risk Matrix...................................................................................................................20
References....................................................................................................................21

2PROJECT MANAGEMENT
Statement of the problem
The project plan focuses on setting up of a newspaper publishing firm in Cambodia.
The paper explains in details every aspect of the project. The paper defines the project plan.
The project plan will help to know the task activities in details. The business client can know
the budget and time constraints of every activity of the project. The paper also defines the key
personnel and resources associated with the project. The stakeholders associated with the
project analyses the project deliverables and work accordingly (Fuller et al. 2017). The
project team and the business client can conduct feasibility study based on the project plan
and the project deliverables. The project is expected to complete in about five years’ time.
The project requires a budget of $946,800.00.
Project goals and objectives
The goal of the project is to build a newspaper publishing firm. The stakeholders must
perform the business start-up operations effectively so that the project can become successful.
The project team has planned to prepare an implementation schedule with the usage of the
project management tools.
The project’s objective is to develop an appropriate schedule, develop an annual
revenue. The objective of the project is to predict profit projections for five years. The project
will get completed within stipulated time, and within stipulated budget, in this way, the
underlying project risks can be mitigated (Heagney 2016). The building materials and
fixtures project can get completed if the project plan is followed appropriately.

3PROJECT MANAGEMENT
Project Deliverables
Task Name Duration Start Finish Predece
ssors Resource Names
Start-up Newspaper
Publishing Business
Project Plan
1230
days Wed 2/14/18 Tue 11/1/22
Starting Business
Planning 220 days Wed 2/14/18 Tue 12/18/18
Land Survey 22 wks Wed 2/14/18 Tue 7/17/18
Project
Manager,ControllingInsp
ector,Department of Sales
Design Plan 22 wks Wed 7/18/18 Tue 12/18/18 3 Civil Engineer,Project
Manager
Contracts 190 days Wed 7/18/18 Tue 4/9/19
Supplying Sale
Agreement 17 wks Wed 7/18/18 Tue 11/13/18 3 Department of
Sales,Project Manager
Supplying Contract
Plans 19 wks Wed 7/18/18 Tue 11/27/18 3
Controlling
Inspector,ProjectManager
,Department of
Construction
Supplying
Specifications of
Contracts
17 wks Wed 7/18/18 Tue 11/13/18 3
Controlling
Inspector,Department of
Construction,Project
Manager
Supplying Contract
Site Plan 15 wks Wed 12/19/18 Tue 4/2/19 4
Department of
Construction,ProjectMan
ager,Controlling
Inspector
Secure and safe
financing 16 wks Wed 12/19/18 Tue 4/9/19 4
Department of
Construction,ProjectMan
ager,Controlling
Inspector

4PROJECT MANAGEMENT
Document Review 250 days Wed
12/19/18 Tue 12/3/19
Plan Review 17 wks Wed 12/19/18 Tue 4/16/19 4
Controlling
Inspector,Project
Manager
Specifications
Review 16 wks Wed 4/10/19 Tue 7/30/19 5
Controlling
Inspector,Department of
Construction,Project
Manager
Site Plan Review
and Finalise 16 wks Wed 4/17/19 Tue 8/6/19 6,12
Builder,CivilEngineer,Co
ntrollingInspector,Mecha
nicalSubcontractor,Projec
t Manager
Printing Drawings
of Construction 15 wks Wed 8/7/19 Tue 11/19/19 12,13,1
4
Controlling
Inspector,Department of
Construction
Revised Plans
Approval 14 wks Wed 4/17/19 Tue 7/23/19 12
Civil
Engineer,ControllingInsp
ector,Department of
Construction,ExcavationS
ubcontractor,Inspector in
charge for Controlling
Sediment,MasonrySubco
ntractor,MechanicalSubc
ontractor,ProjectManager,
Client's Subcontractor
Revised
Specifications
Approval
14 wks Wed 7/31/19 Tue 11/5/19 13
Controlling
Inspector,Department of
Construction,ProjectMan
ager,Client's
Subcontractor
Revised Site Plan
Approval 17 wks Wed 8/7/19 Tue 12/3/19 14
Civil
Engineer,ControllingInsp
ector,Department of
Construction,Licences
and Permits
Department,ProjectMana
ger,Client's Subcontractor

5PROJECT MANAGEMENT
Contracts and Bids 300 days Wed 7/24/19 Tue 9/15/20
Making copies of
plans 12 wks Wed 7/24/19 Tue 10/15/19 16
Controlling
Inspector,Department of
Construction
Making copies of
specifications 16 wks Wed 11/6/19 Tue 2/25/20 17
Controlling
Inspector,Department of
Construction,Inspector in
charge for Controlling
Sediment
Distribution of
specifications and
plans
15 wks Wed 2/26/20 Tue 6/9/20 21
Builder,CivilEngineer,De
partment of
Construction,Licences
and Permits Department
Receiving Bids 14 wks Wed 6/10/20 Tue 9/15/20 22 Builder
Bids Review 105 days Wed 9/16/20 Tue 2/9/21
Sales 21 wks Wed 9/16/20 Tue 2/9/21 23
Builder,Department of
Sales,Licences and
Permits
Department,Project
Manager
Construction 20 wks Wed 9/16/20 Tue 2/2/21 23
Builder,ControllingInspec
tor,Licences and Permits
Department,Project
Manager
Executing
Agreements of
Subcontractor
18 wks Wed 9/16/20 Tue 1/19/21 23
Department of
Construction,Licences
and Permits
Department,Project
Manager
Grading and
Building Permits 235 days Wed 1/20/21 Tue 12/14/21
Scheduling Stake-
out 14 wks Wed 1/20/21 Tue 4/27/21 27 Builder,Civil Engineer
Identification of
Post Lot 13 wks Wed 1/20/21 Tue 4/20/21 27 Builder,Civil Engineer

6PROJECT MANAGEMENT
Stake Lot 18 wks Wed 4/21/21 Tue 8/24/21 30
Department of
Construction,Builder,Civi
l Engineer
Installing
Construction Entrance 17 wks Wed 1/20/21 Tue 5/18/21 27
Controlling
Inspector,Department of
Construction,Builder,Exc
avation Subcontractor
Installing Sediment
Control 16 wks Wed 1/20/21 Tue 5/11/21 27
Builder,CivilEngineer,Ins
pector in charge for
Controlling Sediment
Assigning Grading
Permit 15 wks Wed 1/20/21 Tue 5/4/21 27 Builder,Civil Engineer
Approving
Building Permit 15 wks Wed 5/5/21 Tue 8/17/21 34
Builder,CivilEngineer,Lic
ences and Permits
Department
Assigning Building
Permit 17 wks Wed 8/18/21 Tue 12/14/21 35
Builder,CivilEngineer,Lic
ences and Permits
Department
Excise Taxes and
Pay Permit Fess 15 wks Wed 1/20/21 Tue 5/4/21 27 Builder,Licences and
Permits Department
Site Work 155 days Wed
12/15/21 Tue 7/19/22
Clearing Lot 12 wks Wed 12/15/21 Tue 3/8/22 36
Excavation
Subcontractor,ConcreteS
ubcontractor,MasonrySub
contractor,Mechanical
Subcontractor
Striping Stockpile
and Topsoil 14 wks Wed 12/15/21 Tue 3/22/22 36
Concrete
Subcontractor,Excavation
Subcontractor,MasonrySu
bcontractor,Mechanical
Subcontractor
Rough Grade Lot 15 wks Wed 12/15/21 Tue 3/29/22 36 Concrete
Subcontractor,Excavation
Subcontractor,MasonrySu
bcontractor,Mechanical

7PROJECT MANAGEMENT
Subcontractor
Excavate for
foundation 16 wks Wed 3/30/22 Tue 7/19/22 41,36
Excavation
Subcontractor,ConcreteS
ubcontractor,Licences
and Permits
Department,MasonrySub
contractor,Mechanical
Subcontractor
Project Closure 75 days Wed 7/20/22 Tue 11/1/22
Project Delivery 10 wks Wed 7/20/22 Tue 9/27/22 42 Builder,CivilEngineer,Pro
ject Manager
Clients' Agreement 3 wks Wed 7/20/22 Tue 8/9/22 42
Client's
Subcontractor,Project
Manager
Preparing
documentation 12 wks Wed 8/10/22 Tue 11/1/22 45 Project Manager
Payment
Completion 6 wks Wed 8/10/22 Tue 9/20/22 45
Client's
Subcontractor,Project
Manager
Resource Release 6 wks Wed 8/10/22 Tue 9/20/22 45 Project Manager

8PROJECT MANAGEMENT
Gantt chart

9PROJECT MANAGEMENT
Work Breakdown Structure

10PROJECT MANAGEMENT
Milestone of the project
Task Name Expected Start
Start-up Newspaper Publishing Business Project Plan Wed 14-02-18
Milestone 1: Completion of Starting Business Planning Tue 17-07-18
Milestone 2: Completion of Contracts Tue 09-04-19
Milestone 3: Completion of Document Review Tue 03-12-19
Milestone 4: Completion of Contracts and Bds Tue 15-09-20
Milestone 5: Completion of Bids Review Tue 19-01-21
Milestone 6: Completion of Grading and Building
Permits Tue 04-05-21
Milestone 7: Completion of Site Work Tue 19-07-22
Milestone 8: Completion of Project Tue 20-09-22

11PROJECT MANAGEMENT
Project Budget
Task Name Resource Names Cost
Start-up Newspaper Publishing Business
Project Plan $946,800.00
Starting Business Planning $61,600.00
Land Survey
Project
Manager,ControllingIn
spector,Department of
Sales
$35,200.00
Design Plan Civil Engineer,Project
Manager $26,400.00
Contracts $127,600.00
Supplying Sale Agreement Department of
Sales,Project Manager $20,400.00
Supplying Contract Plans
Controlling
Inspector,ProjectMana
ger,Department of
Construction
$30,400.00
Supplying Specifications of Contracts
Controlling
Inspector,Department
of
Construction,Project
Manager
$27,200.00
Supplying Contract Site Plan
Department of
Construction,ProjectM
anager,Controlling
Inspector
$24,000.00
Secure and safe financing
Department of
Construction,ProjectM
anager,Controlling
Inspector
$25,600.00
Document Review $222,920.00

12PROJECT MANAGEMENT
Plan Review
Controlling
Inspector,Project
Manager
$20,400.00
Specifications Review
Controlling
Inspector,Department
of
Construction,Project
Manager
$25,600.00
Site Plan Review and Finalise
Builder,CivilEngineer,
ControllingInspector,
MechanicalSubcontrac
tor,Project Manager
$42,880.00
Printing Drawings of Construction
Controlling
Inspector,Department
of Construction
$12,000.00
Revised Plans Approval
Civil
Engineer,ControllingI
nspector,Department
of
Construction,Excavati
onSubcontractor,Inspe
ctor in charge for
Controlling
Sediment,MasonrySub
contractor,Mechanical
Subcontractor,Project
Manager,Client's
Subcontractor
$55,440.00
Revised Specifications Approval
Controlling
Inspector,Department
of
Construction,ProjectM
anager,Client's
Subcontractor
$22,400.00
Revised Site Plan Approval Civil
Engineer,ControllingI
nspector,Department
of
Construction,Licences
$44,200.00

13PROJECT MANAGEMENT
and Permits
Department,ProjectMa
nager,Client's
Subcontractor
Contracts and Bids $63,720.00
Making copies of plans
Controlling
Inspector,Department
of Construction
$9,600.00
Making copies of specifications
Controlling
Inspector,Department
of
Construction,Inspector
in charge for
Controlling Sediment
$19,200.00
Distribution of specifications and plans
Builder,CivilEngineer,
Department of
Construction,Licences
and Permits
Department
$28,200.00
Receiving Bids Builder $6,720.00
Bids Review $125,880.00
Sales
Builder,Department of
Sales,Licences and
Permits
Department,Project
Manager
$47,880.00
Construction
Builder,ControllingIns
pector,Licences and
Permits
Department,Project
Manager
$45,600.00
Executing Agreements of Subcontractor
Department of
Construction,Licences
and Permits
Department,Project
Manager
$32,400.00

14PROJECT MANAGEMENT
Grading and Building Permits $173,960.00
Scheduling Stake-out Builder,Civil Engineer $12,320.00
Identification of Post Lot Builder,Civil Engineer $11,440.00
Stake Lot
Department of
Construction,Builder,
Civil Engineer
$23,040.00
Installing Construction Entrance
Controlling
Inspector,Department
of
Construction,Builder,
Excavation
Subcontractor
$29,920.00
Installing Sediment Control
Builder,CivilEngineer,
Inspector in charge for
Controlling Sediment
$20,480.00
Assigning Grading Permit Builder,Civil Engineer $13,200.00
Approving Building Permit
Builder,CivilEngineer,
Licences and Permits
Department
$22,200.00
Assigning Building Permit
Builder,CivilEngineer,
Licences and Permits
Department
$25,160.00
Excise Taxes and Pay Permit Fess Builder,Licences and
Permits Department $16,200.00
Site Work $132,720.00
Clearing Lot
Excavation
Subcontractor,Concret
eSubcontractor,Mason
rySubcontractor,Mech
anical Subcontractor
$25,920.00
Striping Stockpile and Topsoil Concrete
Subcontractor,Excavat
ionSubcontractor,Mas
onrySubcontractor,Me
$30,240.00

15PROJECT MANAGEMENT
chanical Subcontractor
Rough Grade Lot
Concrete
Subcontractor,Excavat
ionSubcontractor,Mas
onrySubcontractor,Me
chanical Subcontractor
$32,400.00
Excavate for foundation
Excavation
Subcontractor,Concret
eSubcontractor,Licenc
es and Permits
Department,MasonryS
ubcontractor,Mechanic
al Subcontractor
$44,160.00
Project Closure $38,400.00
Project Delivery Builder,CivilEngineer,
Project Manager $16,800.00
Clients' Agreement
Client's
Subcontractor,Project
Manager
$2,400.00
Preparing documentation Project Manager $9,600.00
Payment Completion
Client's
Subcontractor,Project
Manager
$4,800.00
Resource Release Project Manager $4,800.00

16PROJECT MANAGEMENT
Cash Flow of the Project Budget

17PROJECT MANAGEMENT
Key personnel and
resources
Resource Name Type Max. Units Std. Rate
Department of Sales Work 100% $10.00/hr
Department of
Construction Work 100% $10.00/hr
Controlling Inspector Work 100% $10.00/hr
Inspector in charge for
Controlling Sediment Work 100% $10.00/hr
Civil Engineer Work 100% $10.00/hr
Concrete Subcontractor Work 100% $15.00/hr
Excavation
Subcontractor Work 100% $12.00/hr
Mechanical
Subcontractor Work 100% $15.00/hr
Masonry Subcontractor Work 100% $12.00/hr
Project Manager Work 100% $20.00/hr
Builder Work 100% $12.00/hr
Licences and Permits
Department Work 100% $15.00/hr
Client's Subcontractor Work 100% $0.00/hr

18PROJECT MANAGEMENT
5 years Financial Plan of Newspaper Publishing Business
Year 1 Year 2 Year 3 Year 4 Year 5 Total
Operating activities
Net income $66,000 ($5,44,4
66)
($5,55,4
26)
($5,98,2
87)
($6,40,8
11)
($22,72,
990)
Depreciation 45,000 51,500 52,500 53,000 54,000 2,56,00
0
Accounts receivable 0 0 0 0 0 0
Inventories 0 0 0 0 0 0
Accounts payable 0 1,150 0 -1,500 0 -350
Amortization 0 0 0 0 0 0
Other liabilities 0 0 0 0 0 0
Other operating cash
flow items
0 0 0 0 0 0
Total operating
activities
$1,11,0
00
($4,91,8
16)
($5,02,9
26)
($5,46,7
87)
($5,86,8
11)
($20,17,
340)
Investing activities
Capital expenditures $0 $0 $0 $0 $0 $0
Acquisition of
business
0 0 0 0 0 0
Sale of fixed assets $0 $0 ($750) $0 $0 -750
Other investing cash
flow items
0 0 0 0 0 0
Total investing
activities
$0 $0 ($750) $0 $0 ($750)
Financing activities
Long-term
debt/financing
$1,51,4
27
($64,25
2)
($29,96
4)
$54,287 ($1,05,9
98)
$5,500
Preferred stock 0 0 0 0 0 0
Total cash dividends
paid
0 0 0 0 0 0
Common stock 0 0 0 0 0 0
Other financing cash
flow items
0 0 0 0 0 0
Total financing
activities
$1,51,4
27
($64,25
2)
($29,96
4)
$54,287 ($1,05,9
98)
$5,500
Cumulative cash flow $2,62,4
27
($5,56,0
67)
($5,33,6
41)
($4,92,4
99)
($6,92,8
09)
($20,12,
590)
Beginning cash balance $47,500 $3,09,9
27
($2,46,1
40)
($7,79,7
81)
($12,72,
280)

19PROJECT MANAGEMENT
Ending cash balance $3,09,9
27
($2,46,1
40)
($7,79,7
81)
($12,72,
280)
($19,65,
090)
Project Risk Evaluation
S.No New Security
Threat/Risk of
employee data
Description
(after moving to
Saas)
Risk level Contingency Actions
1. Product Risk Medium They need to highlight
all the current news, all
the relevant news
2. Product Quality Very High It is a start-up business;
they need to focus on
improving the product
quality constantly
3. Project Team Low They need to hire
employees having
desired skills and
expertise and must
develop a team that can
offer maximum
productivity
4. Product Sales High The business need to
focus on the product
sales
5. Product Market Medium The business need to
focus more on
marketing
6. Project Funding Medium It is a self-funded
business, however,
they can get long-term
benefits
7. Short-Term
Competition
Low Few competitors are
there right now, they
need to cope up with

20PROJECT MANAGEMENT
the competitors
8. Long-Term
Competition
Very High It is a start-up business,
they are compete with
newspaper publishing
giants to establish
themselves in mere
future
Risk Matrix
Probability
Very High
High
Medium
Low
Very Low
Severity Very Low Low Medium High Very High

21PROJECT MANAGEMENT
References
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