Project Management for Renovation of Royale Pizza

Running head: PROJECT MANAGEMENT
Renovation of Royale pizza
Name of the Student
Name of the University
Author’s Note

PROJECT MANAGEMENT
1
Table of Contents
1. Project schedule and different types of tools, techniques and methods......................................2
1.1 Project schedule.....................................................................................................................2
1.3 Critical path reflecting stress point........................................................................................8
1.4 Tools for critical path.............................................................................................................8
2. Project budget and ways for controlling cost of the project........................................................9
2.1 Project budget........................................................................................................................9
2.2 Assumptions that are made..................................................................................................11
2.3 Ways for controlling cost.....................................................................................................11
3. Risk management and identification of tools and techniques...................................................12
3.1 Tools and techniques for identifying risk management.......................................................12
3.3 Risk identification, analysis and mitigation.........................................................................12
Bibliography..................................................................................................................................16

PROJECT MANAGEMENT
2
1. Project schedule and different types of tools, techniques and methods
1.1 Project schedule
The prepared schedule reflects duration, resources as well as total budget that is required
for the purpose of renovating the shop of Royale pizza.
WBS
ID
Activity
description
Precedence Duration
estimate
Resource Cost
estimate
0 Pizza shop
renovation
6 mons AU$
40,000.00
1 Design phase 1 mon AU$
5,000.00
1.1 Undertaking
meeting with the
workers of the
store
1 day Project management
consultant
AU$ 500.00
1.2 Researching
the problem
2 4 days Project manager AU$ 500.00
1.3 Identifying
solution
3 5 days Project management
consultant, Project
manager
AU$ 500.00
1.4 Creating
schematic
design
4 10 days Designer AU$
3,500.00

PROJECT MANAGEMENT
3
1.5 Milestone 1:
Getting approval
for the design
5 0 days AU$ 0.00
2 Procurement
and delivery
phase
2 mons AU$
18,000.00
2.1 Determining
products and
services
5 5 days Procurement manager AU$ 400.00
2.2 Hiring
suppliers
8 9 days Procurement manager,
Project management
consultant
AU$ 300.00
2.3 Buying
different types
of materials and
equipment
9 10 days Supplier AU$
12,000.00
2.4 Performing
quality
assurance
10 8 days Quality analyst AU$
4,300.00
2.5 Analyzing
the results and
margins
11 8 days Procurement manager,
Project management
consultant
AU$
1,000.00
2.6 Milestone 2: 12 0 days AU$ 0.00