Project Management for OPAIC Rooftop Building

1
PROJECT MANAGEMENT FOR OPAIC ROOFTOP BUIDLING
Project Management for OPAIC Rooftop Building
Name of the Student
Name of the University
Author Note

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PROJECT MANAGEMENT FOR OPAIC ROOFTOP BUIDLING
Table of Contents
Introduce the role/members who will work on the project........................................................3
Payback period- IRR, Cash flow................................................................................................4
Cost-Benefit - INPUT VALUES...........................................................................................4
Project Cost-Benefit Analysis................................................................................................5
NPV of all BENEFITS...........................................................................................................5
One-Time COSTS..................................................................................................................5
Overall NPV...........................................................................................................................5
Overall ROI............................................................................................................................5
Project Management Approach / method which is the waterfall methodology.........................6
Project scope & Management Plan............................................................................................7
Objectives, Milestones...............................................................................................................7
Management Plan- How will I manage the scope?....................................................................8
Assign responsibilities in detail to each member.......................................................................9
Risk management plan/ Risk analysis use the Traffic light system model..............................11
Use a risk identification/Action Plan.......................................................................................12
Milestones (breakdown by phase)............................................................................................13
Schedule baseline & work breakdown.....................................................................................14
Work Breakdown Structure..................................................................................................17
Gantt Chart...........................................................................................................................18
Change management plan........................................................................................................21
Cost baseline & management plan...........................................................................................21
Quality Baseline.......................................................................................................................24
Project approvals create a sign off page...................................................................................25
Network diagram, critical path.................................................................................................26
Bibliography.............................................................................................................................27

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PROJECT MANAGEMENT FOR OPAIC ROOFTOP BUIDLING
Introduce the role/members who will work on the project
Sl. No. Members Role
1. Project Management Manage the project management related approaches
2. General Management Make better decision-making
3. Procurement Develop and manage the project procurement
4. Accounting Management and development of the project finance and budget
that is necessary for the project delivery
5. Scheduler Manage and develop the project scheduling
6. Superintendent Management the daily operations and activities of the staffs
7. Rough Carpenter Crew Deliver the carpeting related works within the construction of the
roof tops
8. Survey Crew Deliver the survey before and throughout the project delivery
9. Labour Crew Management and delivery of the operational activity as suggested
by the superintendent or the managers
10. Plumbing Contractor Manage and deliver the plumbing related activities
11. Concrete Crew Deliver and manage the construction of the concrete walls and
related construction while building the cafe
12.
Electric Contractor
Manage and establish the electric connectivity throughout the
building construction and make sure that the available
construction will be managing the delivery of the roof top café
13. Elevator Contractor Elevator related construction safety requirement development
14. HVAC Contractor Design, develop, and build the HVAC management throughout
the café and assure proper ventilation
15. Steel Erection Contractor Steel implementation and construction throughout the OPAIC
building and support for the cafe

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PROJECT MANAGEMENT FOR OPAIC ROOFTOP BUIDLING
16.
Masonry Contractor
Necessary constructions those could be vital for the management
and delivery of the small constructions those is necessary for the
café design and development
17. Drywall Contractor Drywall construction throughout the walls and arrangements of
the café being developed
18. Roofing Contractor Management and delivery of the roofing related construction
19. Tile Contractor Tiles deployment or installation within the floors, kitchen and the
respective place per the interior designs
20. Painting Contractor Painting the café internally and externally
Payback period- IRR, Cash flow
The average construction of the New Zealand costs $3000 for one square meter
The roof top of the institution size is of about 100 square meter even after eliminating
the entrance and stairs space.
Thus, total construction of the project would be: $ 300,000
The raise in the cost of the material will lead to the cost of the hardware to be $
75,000
Cost-Benefit - INPUT VALUES
Construction $ 3,00,000.00
Hardware $ 75,000.00
Development team salaries $ 75,000.00
Total Development Cost $ 4,50,000.00
Construction $ 3,00,000.00
Materials required for development $ 74,000.00
Operational Labour $ 70,000.00
Total Operational Cost $ 4,44,000.00
Approximate salary savings $ 4,00,000.00
Reduced operating cost $ 2,00,000.00

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PROJECT MANAGEMENT FOR OPAIC ROOFTOP BUIDLING
Total Benefit $ 6,00,000.00
Discount Rate Used 10.00%
Project Cost-Benefit Analysis
Analysis Variables:
Discount Rate Used 10.00%
Annual Benefits $ 6,00,000.00
Annual Operational
Costs
$ 4,44,000.00
One-Time
Development Cost
$ 4,50,000.00
Year of
Project
0 1 2 3 4 5 TOTALS
Economic Benefit $0.00 $
6,00,000.0
0
$
6,00,000.0
0
$
6,00,000.0
0
$
6,00,000.0
0
$
6,00,000.0
0
Discount Rate 1.0000 0.9091 0.8264 0.7513 0.6830 0.6209
PV of Benefits $0.00 $5,45,454.
55
$4,95,867.
77
$4,50,788.
88
$4,09,808.
07
$3,72,552.
79
NPV of all
BENEFITS
$0.00
$ 5,45,454.55
$
10,41,322.
31
$
14,92,111.
19
$
19,01,919.
27
$
22,74,472.
06
$
22,74,472.0
6
One-Time
COSTS
$(4,50,00
0.00)
Recurring Costs $0.00 $(4,44,00
0.00)
$
(4,44,000.0
0)
$
(4,44,000.0
0)
$
(4,44,000.0
0)
$
(4,44,000.0
0)
Discount Rate 1.0000 0.9091 0.8264 0.7513 0.6830 0.6209
PV of Recurring
Costs
$0.00 $(4,03,63
6.36)
$
(3,66,942.1
5)
$
(3,33,583.7
7)
$
(3,03,257.9
7)
$
(2,75,689.0
7)
NPV of all COSTS $(4,50,00
0.00)
$(8,53,63
6.36)
$(12,20,57
8.51)
$(15,54,16
2.28)
$(18,57,42
0.26)
$(21,33,10
9.33)
$
(21,33,109.
33)
Overall NPV $
1,41,362.74
Overall ROI 0.0663
Break-even Analysis

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PROJECT MANAGEMENT FOR OPAIC ROOFTOP BUIDLING
Yearly NPV Cash
FLOW
$(4,50,00
0.00)
$
1,41,818.1
8
$
1,28,925.6
2
$
1,17,205.1
1
$
1,06,550.1
0
$
96,863.73
Overall NPV Cash
FLOW
$(4,50,00
0.00)
$(3,08,18
1.82)
$
(1,79,256.2
0)
$
(62,051.09
)
$
44,499.01
$
1,41,362.7
4
Payback Period
0 1 2 3 4 5 0
$-
$545,454.55
$1,041,322.31
$1,492,111.19
$1,901,919.27
$2,274,472.06
$450,000.00
$853,636.36
$1,220,578.51
$1,554,162.28
$1,857,420.26
$2,133,109.33
Break-Even Analysis: OPAIC Rooftop
NPV of all BENEFITS NPV of all COSTSYear
D
o
l
l
a
r
s
Project Management Approach / method which is the waterfall methodology
The waterfall methodology is the adapted technology for the proposed project in
manner to manage the ongoing operational activities of the construction project in manner to
assure that the project being delivered meets the objective and scope developed throughout
project lifecycle. Following are the phases included in this adapted methodology:
 Project initiation
 Project planning
 Project execution
 Project monitoring
 Project evaluation