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Implementing Lean Project Management for Building a Dream House - Desklib

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Added on  2022-11-13

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This report discusses the implementation of lean project management for building a dream house using Prince2 methodology. It covers the choice of suburb, land size, builder, stakeholders, and factors influencing the design and layout of the house. It also provides an overview of project management processes and a detailed explanation of achieving lean project management. Subject: Project Management, Course Code: PPMP20009, College/University: NA

Implementing Lean Project Management for Building a Dream House - Desklib

   Added on 2022-11-13

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Running head: PPMP20009 LEADING LEAN PROJECTS
PPMP20009 LEADING LEAN PROJECTS
Name of the Student
Name of the University
Author Note:
Implementing Lean Project Management for Building a Dream House - Desklib_1
PPMP20009 LEADING LEAN PROJECTS1
Table of Contents
Introduction..........................................................................................................................2
Discussion............................................................................................................................2
Choosing the Suburb........................................................................................................2
Deciding the land size to buy...........................................................................................3
Choosing the best builder................................................................................................4
Identifying the stakeholders.............................................................................................4
Factors which will influence design and layout of dream home.....................................5
Project Management Processes........................................................................................7
Detail explanation for achieving Lean Project Management..........................................8
Conclusion.........................................................................................................................10
References..........................................................................................................................11
Implementing Lean Project Management for Building a Dream House - Desklib_2
PPMP20009 LEADING LEAN PROJECTS2
Introduction
The following report is all about implementing lean project management which is needed
for building a dream house. The project is supposed to be completed by the help of Keystart
initiative, which is an initiative from Australian government. The project is to be completed by
using prince 2 methodology which comprises of seven steps (Mousaei & Javdani, 2018). This
particular methodology begins in the startup phase of the project to closure phase project. Prince
2 stands for project in a controlled environment which is a structured project management
methodology. It is basically a program for the practitioner certification. It focuses on driving
projects into manageable and controlled stages. This particular methodology has been adopted in
most of the globally recognized organization of UK, western countries and Australia (Vaníčková,
2017). Prince2 methodology comes up with merely seven steps that are project setup, project
initiation, direct stages, managing stage boundary, project delivery, control stages and project
closure.
The coming section of the report deals with the choice of the suburb where the house will
be constructed. After that, a decision is made with respect to a particular land size which requires
to be bought. The next section of report deals with making a proper choice for the best builder
for constructor of choice. In addition, a list of factors has been discussed in details which will
influence the overall design and layout of the dream home. The last part of the report provides
project management process.
Discussion
Choosing the Suburb
Implementing Lean Project Management for Building a Dream House - Desklib_3
PPMP20009 LEADING LEAN PROJECTS3
The choice of suburb for the construction of the house is Burswood. By making use of
Prince2 methodology, this particular project of house constriction will be done in this suburb of
Perth. The selection of the suburb comprises of seven steps of Prince 2 methodology. In the
staring phase, the land location for house construction is well defined (Siegelaub, 2017). In the
second stage that is initiation, proper selection of criteria is taken into consideration for selecting
the suburb. It merely outlines the project management strategies and control. In the third stage
that is project directing, it merely highlights the desired which should be followed by the project.
In the fourth stage, the day to day management of choice of the suburb is done for the present
project stage. In the fifth stage, the mere focus is all about focusing on product delivery which
focus on creating specialist product. In the sixth stage, the mere focus is all about managing the
stage boundaries. In this stage, the planning of house construction is done. The last phase of this
methodology is the project closing phase which is controlled in an orderly way. It is expected
that the average cost of land in Perth in around 3, 50,000 dollars (Tomanek & Juricek, 2015).
Buying land from real-estate investment can easily produce good returns. The negative side of
searching property with an agent is that seller has agreed to pay the required commission for the
sale. It will be merely reflected in the overall price of the land.
Deciding the land size to buy
The decision of required land size is mainly done by using Prince 2 methodology. In the
starting step, the overall fund value is calculated which is required for constructing the house at
this particular location (Jamali & Oveisi, 2016). In the initiation step, an outline has been
provided with respect to strategies and control to buy the land. In the third step, it clearly
highlights direction which should be taken for landing buying. In the fourth stage, day to day
management of the present project. The fifth stage is all about managing the delivery of project
Implementing Lean Project Management for Building a Dream House - Desklib_4

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