Planning and Management- Project

Running head: PROJECT EXECUTION PLANNING AND MANAGEMENT
Project Execution Planning and Management
Name of the Student
Name of the University

1PROJECT EXECUTION PLANNING AND MANAGEMENT
1. Project Delivery Method
Design of a Bid Build: This particular project holds three different phases such as
designing phase, bidding phase and the building phase. In order to complete the project
successfully it is necessary to maintain all three of these phases properly. At the very initiation
phase the project designer should hire an architect who will help to design the plan of the project.
For designing and bidding the project all the necessary steps are required to be maintained by the
project designer. In order to complete the project successfully or without any kind of error it is
necessary for the project architect to keep in continuous touch with the project owner. The
project deliverable includes. The project could move further only after getting confirmation from
the project owner. However, if the project owner does not give any such confirmation then, the
project team members will not be able to continue the project. For taking up the project tender
the project owner is required to take part in the bidding session.
However, after the project contractor will be selected the documentation bid cannot be
changes at all. For starting the work on the particular tender, all the contractors associated to the
tender are needed to give proper permission. In order to produce an effective document it is very
much necessary for the project contractor to make proper auction on the project. On the other
hand, the project subcontractor takes relevant tender those are required to implement the project
successfully. However, at the end of the project proper documentation is required to be done
then, accurate working timelines is also required to be followed by the management authority of
the business organization to generate expected project outcome. In order to complete the project
successfully it is necessary to share every project art. For complete the project successfully it is
necessary that all the bid documents are shared with the auction.

2PROJECT EXECUTION PLANNING AND MANAGEMENT
1.1 Design the Bid
For successful completion of the project, the project owner, contractors and the project
architects are required to keep connected to the project properly. Even from the project start up
to the end of the project they are required to work as a collaborative team. In order to complete
the project the contractors and the sub contractors cannot be changed. With any out sided
contractors the project details cannot be discussed. Even no such bidding can also be done with
the other project contractors. With the help of this approach the project could be executed as a
collaborative project. It also helps to build relationship between the project owners and the
architects. In order to gain long term success from the project document it is necessary to
consider partnership.
1.2 CM @ Risk
While implementing the construction level design or planning of the project, it is very
much necessary for the project owner to provide the project outcome. The best value that has
been assigned for the project should be followed by the project owner. Not only this but also the
project manager is needed to follow the lowest bidding based on their previous knowledge and
skill. The project contractor should assign the project only based on the documentation. In order
to gain effective success from the project, it is very much necessary for the project owners to
consider every project components. For this particular project the components are as follows:
Schedule for perfect delivery: After considering the project scope, it has been
determined that, for successful implementation of the project proper schedule is needed to be
developed. With the help of accurate schedule the work can be divided in smaller segment and it
will reduce the work load from the project team members. The project schedule is divided in
different segments such as project planning, project design. Not only this but also there are

3PROJECT EXECUTION PLANNING AND MANAGEMENT
different bidding values will be rose in the project auction. Based on the project success criteria
the lowest auction price is required to be selected by the management authority. Thus, adoption
of lowest value is referred to as the most beneficial one.
Innovation, creative design and project complexity: In order to reduce the project risks
or project complexity, different new creative and innovative ideas are needed to be developed by
the project manager to reduce the project complexity. Not only this but also for eliminating the
risks project associated instruments and techniques are needed to be incorporated by the project
manager.
Initial risk assessment: During the implementation of the project different risks might
occur. In the absolute preliminary phase, for developing the project proper risk evaluation
approaches are needed to be implemented by the project manager. Not only this but also, the
main primary objective of the construction project is to prepare and motivate the project workers
to develop different approaches to mitigate the probable risks. During the project implementation
of the project, this kind of risks might occur.
Cost: Finance or commercial project budget is referred to as one of the most important
aspect that is strictly required to be considered by the project owner before the official
implementation of the project. Even a feasibility testing is also required to be made by the
project manager, with the help of the feasibility study the project manager will be able to
understand that whether the project is beneficial or not. Therefore, for successful completion of
the project, total cost must be developed by the project manager.
Experiences of the staffs and availability: Experiences of the consumers and competitors
are the most helpful things to be considered by the contractors and project managers. The project