What is Project Management? 2022
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Running head: PROJECT MANAGEMENT
Royale Pizza
Name of the Student
Name of the University
Author’s Note
Royale Pizza
Name of the Student
Name of the University
Author’s Note
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1
PROJECT MANAGEMENT
Table of Contents
1. Goals appropriate for the project and ways for measuring the project progress.........................2
1.1 Project goals...........................................................................................................................2
1.2 Ways for measuring project progress....................................................................................2
2. Scope statement and description of the methods which are helpful in scope identification.......3
3. Popular project delivery lifecycle methodology and discussion on success measurement.........6
3.1 Most popular project delivery life cycle methodologies.......................................................6
3.2 Delivery life cycle stages.......................................................................................................6
3.3 Methods used for monitoring and controlling the project.....................................................7
3.3 Measuring project success.....................................................................................................7
Bibliography....................................................................................................................................8
Appendix 1: Schedule plan............................................................................................................10
Appendix 2: Budget estimation.....................................................................................................14
Appendix 3: Risk register..............................................................................................................19
PROJECT MANAGEMENT
Table of Contents
1. Goals appropriate for the project and ways for measuring the project progress.........................2
1.1 Project goals...........................................................................................................................2
1.2 Ways for measuring project progress....................................................................................2
2. Scope statement and description of the methods which are helpful in scope identification.......3
3. Popular project delivery lifecycle methodology and discussion on success measurement.........6
3.1 Most popular project delivery life cycle methodologies.......................................................6
3.2 Delivery life cycle stages.......................................................................................................6
3.3 Methods used for monitoring and controlling the project.....................................................7
3.3 Measuring project success.....................................................................................................7
Bibliography....................................................................................................................................8
Appendix 1: Schedule plan............................................................................................................10
Appendix 2: Budget estimation.....................................................................................................14
Appendix 3: Risk register..............................................................................................................19
2
PROJECT MANAGEMENT
1. Goals appropriate for the project and ways for measuring the project
progress
1.1 Project goals
The main goal of the project is to properly increase the food quality and the annual sales
of Royale Pizza shop. It is found that for successfully accomplishing the objectives, the
organization needs to take the work of store renovation by incorporating different types of new
equipment so that they can serve a number of food items to the customers by maintaining the
food quality which will further be helpful in gaining profitability of around 25%.
1.2 Ways for measuring project progress
The progress of the Royale Pizza shop renovation can be properly measured by using
different types of criteria which are illustrated below:
Capturing start and finishing points: If the starting as well as finishing date of each of
the project activities are captured then it
Tracking project: If the project goal gets tracked properly on regular basis then the
project manager will get update on the project progress which helps in analyzing the present
status of the project progress (Joslin & Muller, 2015).
Establish milestones and goals: If the project goals and project milestones are set from
the initiation phase of the project then it will be easy for the managers for analyzing the progress
of the entire project and thus the project progress can be measured effectively.
PROJECT MANAGEMENT
1. Goals appropriate for the project and ways for measuring the project
progress
1.1 Project goals
The main goal of the project is to properly increase the food quality and the annual sales
of Royale Pizza shop. It is found that for successfully accomplishing the objectives, the
organization needs to take the work of store renovation by incorporating different types of new
equipment so that they can serve a number of food items to the customers by maintaining the
food quality which will further be helpful in gaining profitability of around 25%.
1.2 Ways for measuring project progress
The progress of the Royale Pizza shop renovation can be properly measured by using
different types of criteria which are illustrated below:
Capturing start and finishing points: If the starting as well as finishing date of each of
the project activities are captured then it
Tracking project: If the project goal gets tracked properly on regular basis then the
project manager will get update on the project progress which helps in analyzing the present
status of the project progress (Joslin & Muller, 2015).
Establish milestones and goals: If the project goals and project milestones are set from
the initiation phase of the project then it will be easy for the managers for analyzing the progress
of the entire project and thus the project progress can be measured effectively.
3
PROJECT MANAGEMENT
2. Scope statement and description of the methods which are helpful in scope
identification
2.1 Project scope
Scope description
The project scope includes:
ï‚· Creating new design of the shop for renovation
ï‚· Procurement and delivery of the project
ï‚· Undertaking renovation of the project
ï‚· Undertaking installation as well as painting
ï‚· Accomplishing the project goals within budget AU$40,000
Project deliverables
The project deliverables include:
ï‚· Project plan
ï‚· Blueprint of the design
ï‚· Meeting minutes report
ï‚· Project documentation
ï‚· Status report of the project
Project acceptance criteria
ï‚· Finishing the entire work as per the starting and finishing dates that was presumed
PROJECT MANAGEMENT
2. Scope statement and description of the methods which are helpful in scope
identification
2.1 Project scope
Scope description
The project scope includes:
ï‚· Creating new design of the shop for renovation
ï‚· Procurement and delivery of the project
ï‚· Undertaking renovation of the project
ï‚· Undertaking installation as well as painting
ï‚· Accomplishing the project goals within budget AU$40,000
Project deliverables
The project deliverables include:
ï‚· Project plan
ï‚· Blueprint of the design
ï‚· Meeting minutes report
ï‚· Project documentation
ï‚· Status report of the project
Project acceptance criteria
ï‚· Finishing the entire work as per the starting and finishing dates that was presumed
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ï‚· If the yearly revenue of the store gets increased by 25%
 If the store is capable of renovating the shop by adding all the needed equipment’s for
increasing the menus which will be served in the Pizza store.
Project exclusion
ï‚· The information about the constructors are excluded from the project
ï‚· The project manager does not have proper information that if any training session will be
provided or not.
Project constraints’
ï‚· It is found that both the installation as well as the construction stages of the project
cannot be undertaken at the same time
ï‚· The electrical wires should be handled properly as it can cause a number of challenges
while removing the stairs.
Project assumptions
ï‚· It is assumed that the workers will be able to complete the work of the project within time
and thus the penalty of AU$300 will not need to be paid
ï‚· The project manager makes an assumption that the project will be beneficial for raising
the economic benefits.
2.2 Methods which are used in determining scope
The different types of procedures which are used in order to determine the scope of the
project are illustrated below:
PROJECT MANAGEMENT
ï‚· If the yearly revenue of the store gets increased by 25%
 If the store is capable of renovating the shop by adding all the needed equipment’s for
increasing the menus which will be served in the Pizza store.
Project exclusion
ï‚· The information about the constructors are excluded from the project
ï‚· The project manager does not have proper information that if any training session will be
provided or not.
Project constraints’
ï‚· It is found that both the installation as well as the construction stages of the project
cannot be undertaken at the same time
ï‚· The electrical wires should be handled properly as it can cause a number of challenges
while removing the stairs.
Project assumptions
ï‚· It is assumed that the workers will be able to complete the work of the project within time
and thus the penalty of AU$300 will not need to be paid
ï‚· The project manager makes an assumption that the project will be beneficial for raising
the economic benefits.
2.2 Methods which are used in determining scope
The different types of procedures which are used in order to determine the scope of the
project are illustrated below:
5
PROJECT MANAGEMENT
Determining project needs: When a project manager have proper clear idea about the
different needs as well as requirements of the project then they are likely to set proper
benchmark from the starting of the project which further helps in understanding how the project
is helpful in enabling one to set the project objectives (Hornstein, 2015). Proper identification of
the project need helps in setting proper groundwork for executing the project and how they are
generally performed.
Confirming project goals: The basis of the scope helps in entailing the project
objectives and goals that further needs proper and SMART guideline. If the project objectives
are elaborated in the form of SMART guideline, then it will be quite easy for the project manager
to execute the project objectives successfully. Effective idea about the project objective helps in
developing the scope for the project quite effectively.
Developing WBS: WBS is considered as one of the most essential tools that is helpful in
defining the project scope (Todorovic et al., 2015). WBS helps in defining what is involved and
what is excluded within the project and it further helps in establishing proper interactions with
the client. Developing the WBS during the initiation phase generally helps in completing the
project accurately by following the scope that is developed and further helps in reducing risk by
minimizing the likelihood.
Analyzing expectation and acceptance: It is identified that successful projects are those
that takes into account proper satisfaction of the end users whether they are helpful in meeting
the expectations of the end users by properly accepting the product, processes as well as services
(Badewi, 2016). Proper information about the expectations as well as acceptance before
determining the scope of the project is necessary for identifying scope accurately such that the
project gets accomplished successfully.
PROJECT MANAGEMENT
Determining project needs: When a project manager have proper clear idea about the
different needs as well as requirements of the project then they are likely to set proper
benchmark from the starting of the project which further helps in understanding how the project
is helpful in enabling one to set the project objectives (Hornstein, 2015). Proper identification of
the project need helps in setting proper groundwork for executing the project and how they are
generally performed.
Confirming project goals: The basis of the scope helps in entailing the project
objectives and goals that further needs proper and SMART guideline. If the project objectives
are elaborated in the form of SMART guideline, then it will be quite easy for the project manager
to execute the project objectives successfully. Effective idea about the project objective helps in
developing the scope for the project quite effectively.
Developing WBS: WBS is considered as one of the most essential tools that is helpful in
defining the project scope (Todorovic et al., 2015). WBS helps in defining what is involved and
what is excluded within the project and it further helps in establishing proper interactions with
the client. Developing the WBS during the initiation phase generally helps in completing the
project accurately by following the scope that is developed and further helps in reducing risk by
minimizing the likelihood.
Analyzing expectation and acceptance: It is identified that successful projects are those
that takes into account proper satisfaction of the end users whether they are helpful in meeting
the expectations of the end users by properly accepting the product, processes as well as services
(Badewi, 2016). Proper information about the expectations as well as acceptance before
determining the scope of the project is necessary for identifying scope accurately such that the
project gets accomplished successfully.
6
PROJECT MANAGEMENT
Determining constraints: There are a number of roadblocks that are helpful in achieving
what is needed to be achieved. Significant information about the project constraints are not
necessary for resolving them but to take care of those criteria before the identification of project
scope such that the challenges can be resolved.
3. Popular project delivery lifecycle methodology and discussion on success
measurement
3.1 Most popular project delivery life cycle methodologies
The design build is analyzed as the popular method of project delivery which is mainly
utilized in the construction industry as it is one of the methods that is used for proper delivery of
the project such that both the design and the construction based services are successfully
contracted by using one specific entity (Franz et al., 2016). It is identified that the build delivery
is found appropriate for the renovation of Royale pizza store.
3.2 Delivery life cycle stages
The different stages of the design build delivery lifecycle methods are illustrated below:
Planning: In the planning phase the architect engineer plans the project as per the
requirement of the owner so that the needs of the project can get fulfilled.
Designing: In the designing phase, the entire renovation-based blueprint is created so that
the renovation can be completed on time (Mesa, Molenaar & Alarcon, 2016).
Bidding: The bidding work is mainly done in the presence of general contractor as well
as trade contractor.
PROJECT MANAGEMENT
Determining constraints: There are a number of roadblocks that are helpful in achieving
what is needed to be achieved. Significant information about the project constraints are not
necessary for resolving them but to take care of those criteria before the identification of project
scope such that the challenges can be resolved.
3. Popular project delivery lifecycle methodology and discussion on success
measurement
3.1 Most popular project delivery life cycle methodologies
The design build is analyzed as the popular method of project delivery which is mainly
utilized in the construction industry as it is one of the methods that is used for proper delivery of
the project such that both the design and the construction based services are successfully
contracted by using one specific entity (Franz et al., 2016). It is identified that the build delivery
is found appropriate for the renovation of Royale pizza store.
3.2 Delivery life cycle stages
The different stages of the design build delivery lifecycle methods are illustrated below:
Planning: In the planning phase the architect engineer plans the project as per the
requirement of the owner so that the needs of the project can get fulfilled.
Designing: In the designing phase, the entire renovation-based blueprint is created so that
the renovation can be completed on time (Mesa, Molenaar & Alarcon, 2016).
Bidding: The bidding work is mainly done in the presence of general contractor as well
as trade contractor.
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PROJECT MANAGEMENT
Construction: In this phase, the entire renovation work gets completed so that the store
can be able to provide proper facilities to its customers and can earn more profit (El Asmar,
Hanna & Loh, 2015).
3.3 Methods used for monitoring and controlling the project
The various types of methods which are used for monitoring as well as controlling the
entire renovation project are listed below:
Tracking: The entire project should be properly tracked once in a week for making sure
that the entire project gets completed on time. This is one of the most important method for
monitoring and controlling project (Kaiser, El Arbi & Ahlemann, 2015).
Establishing clear deadlines: If the task gets completed as per the deadline that is set
then it can be ensured that the entire project in on proper track.
3.3 Measuring project success
The project success should be measured by utilizing different types of criteria that are
mainly listed below:
Profitability: If the organization can be able to gain 25% profit then the undertaken
project can be considered to be successful (Kivila, Martinsuo & Vuorinen, 2017).
Time spend: If the project will get accomplished within the time-period that is assumed
by the project manager then the project is considered as successful.
PROJECT MANAGEMENT
Construction: In this phase, the entire renovation work gets completed so that the store
can be able to provide proper facilities to its customers and can earn more profit (El Asmar,
Hanna & Loh, 2015).
3.3 Methods used for monitoring and controlling the project
The various types of methods which are used for monitoring as well as controlling the
entire renovation project are listed below:
Tracking: The entire project should be properly tracked once in a week for making sure
that the entire project gets completed on time. This is one of the most important method for
monitoring and controlling project (Kaiser, El Arbi & Ahlemann, 2015).
Establishing clear deadlines: If the task gets completed as per the deadline that is set
then it can be ensured that the entire project in on proper track.
3.3 Measuring project success
The project success should be measured by utilizing different types of criteria that are
mainly listed below:
Profitability: If the organization can be able to gain 25% profit then the undertaken
project can be considered to be successful (Kivila, Martinsuo & Vuorinen, 2017).
Time spend: If the project will get accomplished within the time-period that is assumed
by the project manager then the project is considered as successful.
8
PROJECT MANAGEMENT
Bibliography
Badewi, A. (2016). The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), 761-778.
De Carvalho, M.M., Patah, L.A. & de Souza Bido, D. (2015). Project management and its effects
on project success: Cross-country and cross-industry comparisons. International Journal
of Project Management, 33(7), pp.1509-1522.
El Asmar, M., Hanna, A. S., & Loh, W. Y. (2015). Evaluating integrated project delivery using
the project quarterback rating. Journal of Construction Engineering and
Management, 142(1), 04015046.
Franz, B., Leicht, R., Molenaar, K., & Messner, J. (2016). Impact of team integration and group
cohesion on project delivery performance. Journal of Construction Engineering and
Management, 143(1), 04016088.
Hornstein, H. A. (2015). The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2),
291-298.
Joslin, R., & Müller, R. (2015). Relationships between a project management methodology and
project success in different project governance contexts. International Journal of Project
Management, 33(6), 1377-1392.
PROJECT MANAGEMENT
Bibliography
Badewi, A. (2016). The impact of project management (PM) and benefits management (BM)
practices on project success: Towards developing a project benefits governance
framework. International Journal of Project Management, 34(4), 761-778.
De Carvalho, M.M., Patah, L.A. & de Souza Bido, D. (2015). Project management and its effects
on project success: Cross-country and cross-industry comparisons. International Journal
of Project Management, 33(7), pp.1509-1522.
El Asmar, M., Hanna, A. S., & Loh, W. Y. (2015). Evaluating integrated project delivery using
the project quarterback rating. Journal of Construction Engineering and
Management, 142(1), 04015046.
Franz, B., Leicht, R., Molenaar, K., & Messner, J. (2016). Impact of team integration and group
cohesion on project delivery performance. Journal of Construction Engineering and
Management, 143(1), 04016088.
Hornstein, H. A. (2015). The integration of project management and organizational change
management is now a necessity. International Journal of Project Management, 33(2),
291-298.
Joslin, R., & Müller, R. (2015). Relationships between a project management methodology and
project success in different project governance contexts. International Journal of Project
Management, 33(6), 1377-1392.
9
PROJECT MANAGEMENT
Kaiser, M.G., El Arbi, F. & Ahlemann, F. (2015). Successful project portfolio management
beyond project selection techniques: Understanding the role of structural
alignment. International Journal of Project Management, 33(1), pp.126-139.
Kivilä, J., Martinsuo, M. & Vuorinen, L. (2017). Sustainable project management through
project control in infrastructure projects. International Journal of Project
Management, 35(6), pp.1167-1183.
Mesa, H. A., Molenaar, K. R., & Alarcón, L. F. (2016). Exploring performance of the integrated
project delivery process on complex building projects. International Journal of Project
Management, 34(7), 1089-1101.
Svejvig, P. & Andersen, P. (2015). Rethinking project management: A structured literature
review with a critical look at the brave new world. International Journal of Project
Management, 33(2), pp.278-290.
Todorović, M. L., Petrović, D. Č., Mihić, M. M., Obradović, V. L., & Bushuyev, S. D. (2015).
Project success analysis framework: A knowledge-based approach in project
management. International Journal of Project Management, 33(4), 772-783.
PROJECT MANAGEMENT
Kaiser, M.G., El Arbi, F. & Ahlemann, F. (2015). Successful project portfolio management
beyond project selection techniques: Understanding the role of structural
alignment. International Journal of Project Management, 33(1), pp.126-139.
Kivilä, J., Martinsuo, M. & Vuorinen, L. (2017). Sustainable project management through
project control in infrastructure projects. International Journal of Project
Management, 35(6), pp.1167-1183.
Mesa, H. A., Molenaar, K. R., & Alarcón, L. F. (2016). Exploring performance of the integrated
project delivery process on complex building projects. International Journal of Project
Management, 34(7), 1089-1101.
Svejvig, P. & Andersen, P. (2015). Rethinking project management: A structured literature
review with a critical look at the brave new world. International Journal of Project
Management, 33(2), pp.278-290.
Todorović, M. L., Petrović, D. Č., Mihić, M. M., Obradović, V. L., & Bushuyev, S. D. (2015).
Project success analysis framework: A knowledge-based approach in project
management. International Journal of Project Management, 33(4), 772-783.
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Appendix 1: Schedule plan
Schedule Plan
Milestones Due Dates
1. Milestone 1: Finishing the project designing phase
2. Milestone 2: Finishing the procurement and
delivery process
3. Milestone 3: Finishing the project construction
phase
4. Milestone 4: Painting and installation
28-03-19
23-05-19
20-06-19
15-08-19
WBS
ID
Activity
Description
Precedence Duration
Estimate
Resource Cost
Estimate
(base on
budget
plan)
0 Renovation of
Royale Pizza store
6 mons $40,000.00
PROJECT MANAGEMENT
Appendix 1: Schedule plan
Schedule Plan
Milestones Due Dates
1. Milestone 1: Finishing the project designing phase
2. Milestone 2: Finishing the procurement and
delivery process
3. Milestone 3: Finishing the project construction
phase
4. Milestone 4: Painting and installation
28-03-19
23-05-19
20-06-19
15-08-19
WBS
ID
Activity
Description
Precedence Duration
Estimate
Resource Cost
Estimate
(base on
budget
plan)
0 Renovation of
Royale Pizza store
6 mons $40,000.00
11
PROJECT MANAGEMENT
1 Designing phase
of the project
1 mon $5,000.00
1.1 Determining the
different project
requirements
6 days PM consultant $1,960.00
1.2 Creating the
blueprint for
renovation
2 12 days Designer $3,040.00
1.3 Getting
approval from the
higher authority
3 2 days Project sponsor' $0.00
1.4 Milestone 1:
Finishing the
project designing
phase
4 0 days $0.00
2 Delivery and
procurement
phase
2 mons $18,000.00
2.1 Determining the
procurement needs
5 10 days Contractor,
Procurement
manager
$5,000.00
2.2 Identifying the
supplies from the
7 8 days Procurement
manager,
$5,800.00
PROJECT MANAGEMENT
1 Designing phase
of the project
1 mon $5,000.00
1.1 Determining the
different project
requirements
6 days PM consultant $1,960.00
1.2 Creating the
blueprint for
renovation
2 12 days Designer $3,040.00
1.3 Getting
approval from the
higher authority
3 2 days Project sponsor' $0.00
1.4 Milestone 1:
Finishing the
project designing
phase
4 0 days $0.00
2 Delivery and
procurement
phase
2 mons $18,000.00
2.1 Determining the
procurement needs
5 10 days Contractor,
Procurement
manager
$5,000.00
2.2 Identifying the
supplies from the
7 8 days Procurement
manager,
$5,800.00
12
PROJECT MANAGEMENT
project Additional
cost[1]
2.3 Analyzing the
prices of the
materials
8 8 days Project sponsor' $0.00
2.4 Purchasing
different types of
material
9 8 days Procurement
manager,
Equipment
supply[1]
$4,840.00
2.5 Undertaking
inspection
10 6 days Construction
manager,
Supervisor
$2,360.00
2.6 Milestone 2:
Finishing the
procurement and
delivery process
11 0 days $0.00
3 Construction
phase
1 mon $7,000.00
3.1 Completing the
work of floor
12 10 days Construction
manager,
Contractor,
Project manager
$4,200.00
3.2 Increasing the 14 4 days Installer, $1,000.00
PROJECT MANAGEMENT
project Additional
cost[1]
2.3 Analyzing the
prices of the
materials
8 8 days Project sponsor' $0.00
2.4 Purchasing
different types of
material
9 8 days Procurement
manager,
Equipment
supply[1]
$4,840.00
2.5 Undertaking
inspection
10 6 days Construction
manager,
Supervisor
$2,360.00
2.6 Milestone 2:
Finishing the
procurement and
delivery process
11 0 days $0.00
3 Construction
phase
1 mon $7,000.00
3.1 Completing the
work of floor
12 10 days Construction
manager,
Contractor,
Project manager
$4,200.00
3.2 Increasing the 14 4 days Installer, $1,000.00
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capacity of the
compressor
Construction
manager
3.3 Providing
service of cleaning
the kitchen
15 2 days Cleaner,
Construction
manager
$800.00
3.4 Buying different
types of
equipment’s
16 4 days Contractor,
Project manager
$1,000.00
3.5 Milestone 3:
Finishing the
project construction
phase
17 0 days $0.00
4 Installation and
painting
2 mons $10,000.00
4.1 Air condition
installation
17 10 days Technical
analyst,
Installer
$3,000.00
4.2 Undertaking
painting that is dust
free
20 30 days Installer $7,000.00
4.3 Milestone 4:
Painting and
installation
21 0 days $0.00
PROJECT MANAGEMENT
capacity of the
compressor
Construction
manager
3.3 Providing
service of cleaning
the kitchen
15 2 days Cleaner,
Construction
manager
$800.00
3.4 Buying different
types of
equipment’s
16 4 days Contractor,
Project manager
$1,000.00
3.5 Milestone 3:
Finishing the
project construction
phase
17 0 days $0.00
4 Installation and
painting
2 mons $10,000.00
4.1 Air condition
installation
17 10 days Technical
analyst,
Installer
$3,000.00
4.2 Undertaking
painting that is dust
free
20 30 days Installer $7,000.00
4.3 Milestone 4:
Painting and
installation
21 0 days $0.00
14
PROJECT MANAGEMENT
Appendix 2: Budget estimation
WB
S
Resource Direct
Costs
Indirec
t Costs
Total
Estimat
e
Method Additional
Informati
on
WB
S
0 Renovation
of Royale
Pizza store
$29,360.0
0
$10,64.00
0
$40,000.0
0
Bottom up
estimation
N/A
1 Designing
phase of
the project
$5,000.00 $5,000.00 Bottom up
estimation
N/A
1.1 Determi
ning the
different
project
requirement
s
PM
consultant
$1,960.00 $1,960.00 Bottom up
estimation
N/A
1.2 Creating
the
blueprint
for
Designer $3,040.00 $3,040.00 Bottom up
estimation
N/A
PROJECT MANAGEMENT
Appendix 2: Budget estimation
WB
S
Resource Direct
Costs
Indirec
t Costs
Total
Estimat
e
Method Additional
Informati
on
WB
S
0 Renovation
of Royale
Pizza store
$29,360.0
0
$10,64.00
0
$40,000.0
0
Bottom up
estimation
N/A
1 Designing
phase of
the project
$5,000.00 $5,000.00 Bottom up
estimation
N/A
1.1 Determi
ning the
different
project
requirement
s
PM
consultant
$1,960.00 $1,960.00 Bottom up
estimation
N/A
1.2 Creating
the
blueprint
for
Designer $3,040.00 $3,040.00 Bottom up
estimation
N/A
15
PROJECT MANAGEMENT
renovation
1.3 Getting
approval
from the
higher
authority
Project
sponsor'
$0.00 $0.00 Bottom up
estimation
N/A
1.4 Milesto
ne 1:
Finishing
the project
designing
phase
$0.00 $0.00 Bottom up
estimation
N/A
2 Delivery
and
procureme
nt phase
$18,000.0
0
$18,000.0
0
Bottom up
estimation
N/A
2.1 Determi
ning the
procuremen
t needs
Contractor,
Procureme
nt manager
$5,000.00 $5,000.00 Bottom up
estimation
N/A
2.2 Identifyi
ng the
supplies
Procureme
nt
manager,
------- $5,800.00 $5,800.00 Bottom up
estimation
N/A
PROJECT MANAGEMENT
renovation
1.3 Getting
approval
from the
higher
authority
Project
sponsor'
$0.00 $0.00 Bottom up
estimation
N/A
1.4 Milesto
ne 1:
Finishing
the project
designing
phase
$0.00 $0.00 Bottom up
estimation
N/A
2 Delivery
and
procureme
nt phase
$18,000.0
0
$18,000.0
0
Bottom up
estimation
N/A
2.1 Determi
ning the
procuremen
t needs
Contractor,
Procureme
nt manager
$5,000.00 $5,000.00 Bottom up
estimation
N/A
2.2 Identifyi
ng the
supplies
Procureme
nt
manager,
------- $5,800.00 $5,800.00 Bottom up
estimation
N/A
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16
PROJECT MANAGEMENT
from the
project
Additional
cost[1]
2.3 Analyzi
ng the
prices of the
materials
Project
sponsor'
$0.00 $0.00 Bottom up
estimation
N/A
2.4
Purchasi
ng different
types of
material
Procureme
nt
manager,
Equipment
supply[1]
------ $4,840.00 $4,840.00 Bottom up
estimation
N/A
2.5
Underta
king
inspection
Constructi
on
manager,
Supervisor
$2,360.00 $2,360.00 Bottom up
estimation
N/A
2.6 Milesto
ne 2:
Finishing
the
procuremen
t and
delivery
process
$0.00 $0.00 Bottom up
estimation
N/A
PROJECT MANAGEMENT
from the
project
Additional
cost[1]
2.3 Analyzi
ng the
prices of the
materials
Project
sponsor'
$0.00 $0.00 Bottom up
estimation
N/A
2.4
Purchasi
ng different
types of
material
Procureme
nt
manager,
Equipment
supply[1]
------ $4,840.00 $4,840.00 Bottom up
estimation
N/A
2.5
Underta
king
inspection
Constructi
on
manager,
Supervisor
$2,360.00 $2,360.00 Bottom up
estimation
N/A
2.6 Milesto
ne 2:
Finishing
the
procuremen
t and
delivery
process
$0.00 $0.00 Bottom up
estimation
N/A
17
PROJECT MANAGEMENT
3 Construc
tion phase
$7,000.00 $7,000.00 Bottom up
estimation
N/A
3.1
Complet
ing the
work of
floor
Constructi
on
manager,
Contractor,
Project
manager
$4,200.00 $4,200.00 Bottom up
estimation
N/A
3.2 Increasi
ng the
capacity of
the
compressor
Installer,
Constructi
on
manager
$1,000.00 $1,000.00 Bottom up
estimation
N/A
3.3 Providin
g service of
cleaning the
kitchen
Cleaner,
Constructi
on
manager
$800.00 $800.00 Bottom up
estimation
N/A
3.4 Buying
different
types of
equipment’s
Contractor,
Project
manager
$1,000.00 $1,000.00 Bottom up
estimation
N/A
3.5 Milesto
ne 3:
$0.00 $0.00 Bottom up
estimation
N/A
PROJECT MANAGEMENT
3 Construc
tion phase
$7,000.00 $7,000.00 Bottom up
estimation
N/A
3.1
Complet
ing the
work of
floor
Constructi
on
manager,
Contractor,
Project
manager
$4,200.00 $4,200.00 Bottom up
estimation
N/A
3.2 Increasi
ng the
capacity of
the
compressor
Installer,
Constructi
on
manager
$1,000.00 $1,000.00 Bottom up
estimation
N/A
3.3 Providin
g service of
cleaning the
kitchen
Cleaner,
Constructi
on
manager
$800.00 $800.00 Bottom up
estimation
N/A
3.4 Buying
different
types of
equipment’s
Contractor,
Project
manager
$1,000.00 $1,000.00 Bottom up
estimation
N/A
3.5 Milesto
ne 3:
$0.00 $0.00 Bottom up
estimation
N/A
18
PROJECT MANAGEMENT
Finishing
the project
construction
phase
4 Installati
on and
painting
$10,000.0
0
$10,000.0
0
Bottom up
estimation
N/A
4.1 Air
condition
installation
Technical
analyst,
Installer
$3,000.00 $3,000.00 Bottom up
estimation
N/A
4.2 Underta
king
painting
that is dust
free
Installer $7,000.00 $7,000.00 Bottom up
estimation
N/A
4.3 Milesto
ne 3:
Painting
and
installation
$0.00 $0.00 Bottom up
estimation
N/A
PROJECT MANAGEMENT
Finishing
the project
construction
phase
4 Installati
on and
painting
$10,000.0
0
$10,000.0
0
Bottom up
estimation
N/A
4.1 Air
condition
installation
Technical
analyst,
Installer
$3,000.00 $3,000.00 Bottom up
estimation
N/A
4.2 Underta
king
painting
that is dust
free
Installer $7,000.00 $7,000.00 Bottom up
estimation
N/A
4.3 Milesto
ne 3:
Painting
and
installation
$0.00 $0.00 Bottom up
estimation
N/A
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19
PROJECT MANAGEMENT
Appendix 3: Risk register
PROJECT MANAGEMENT
Appendix 3: Risk register
20
PROJECT MANAGEMENT
Ris
k ID
Risk
Statement
Probabil
ity
Impa
ct
Scor
e
Response
plan/Strategy
1 Schedule slippage:
Due to slippage of
schedule, delay
occurs in the project.
Probable High 4 Tracking of schedule
on weekly basis is
helpful in avoiding
delays.
2 Shortfall of
finances: Due to
lack of finances, the
project manager is
unable to complete
the project on time.
Most likely Extreme 5 Undertaking earned
value analysis helps in
managing finances.
3 Lack of onetime
delivery of
materials: Due to
lack of on-time
delivery, delay issue
can occur in the
project.
Likely High 4 Timely delivery from
the suppliers can
avoid this issue.
4 Inexperienced
workers: If the
workers are not
experienced then
they are unable to
finish the work
successfully.
Probable Medium 3 Hiring experienced
staffs for the project.
PROJECT MANAGEMENT
Ris
k ID
Risk
Statement
Probabil
ity
Impa
ct
Scor
e
Response
plan/Strategy
1 Schedule slippage:
Due to slippage of
schedule, delay
occurs in the project.
Probable High 4 Tracking of schedule
on weekly basis is
helpful in avoiding
delays.
2 Shortfall of
finances: Due to
lack of finances, the
project manager is
unable to complete
the project on time.
Most likely Extreme 5 Undertaking earned
value analysis helps in
managing finances.
3 Lack of onetime
delivery of
materials: Due to
lack of on-time
delivery, delay issue
can occur in the
project.
Likely High 4 Timely delivery from
the suppliers can
avoid this issue.
4 Inexperienced
workers: If the
workers are not
experienced then
they are unable to
finish the work
successfully.
Probable Medium 3 Hiring experienced
staffs for the project.
21
PROJECT MANAGEMENT
PROJECT MANAGEMENT
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