Company Retreat Plan and Project Management

The assignment provided is a detailed plan for a company retreat that includes project management techniques such as segmentation, cost estimation, and time phased budgeting. The project manager is responsible for completing each task within the estimated budget and timeframe. The document also highlights the significance of degree of shared ownership in key planning issues to resolve organizational problems.

Running head: PROJECT MANAGEMENT:
Project Management: A Company Retreat to another Country
Name of the student:
Name of the university:

1PROJECT MANAGEMENT:
1. Introduction of the project
Company retreat plan mostly plays essential and successful role in corporate success. The
office administrative service department is responsible to offer different guidelines for helping
the project manager to develop the office retreat plan. As soon as the agencies lease the
agreements and they find the new location for the office, the tenant improvement is started and
simultaneously the company commences planning for the movement.
This report depicts the role of a project manager during retreat of a company to another
country. Many reasons are there for which a company requires to retreat. The corporate retreat
gives valuable opportunities to the company which helps them to connect with their project team
members and also improves the communication and companionship. For company retreat
project, the project manager should develop a schedule and work breakdown structure (WBS) to
reduce the workload from the project team members that are elaborated in this report.
Additionally project priority matrix, cost estimation plan and relative time phased budget and
time phased budget graph is also represented in this report.
2. Project scope statement
Project scope should be professionally documented at the very inception of the project
planning phase. This is the basic for a project that helps to meet its objective and goals staying
within the estimated budget and timeline. Scope of the company retreat project directly impacts
the project schedule, budget that helps to develop risk identification and risk management
framework also. For this project the scope statement is –“Successful retreat of a company to
another country within estimated time and budget”.

2PROJECT MANAGEMENT:
The scope specifications are elaborated below:
 New location building managers are to be hired as they are responsible to get all
the necessary planning and permit for the occupancy
 Not less than three years, the recent company staffing plan will be followed
 The construction of the building should be completed within allotted time
 Architect and interiors should play their allotted job roles
 Data and voice circuit of the company will not be changed rather
Project objective:
 To retreat a company to another country within budget $36,000 and estimated
time period as 2 years
 To analyze the location or site where the company is going to retreat
 To design the new building with digital equipments and other specifications
Project milestones
 Project initiation
 Permit for approval
 Completion of project planning phase
 Project implementation
 Project monitoring
 Project closure
Technical requirements
 Data and voice circuit of the company that is used in the previous location

3PROJECT MANAGEMENT:
 Data storage or server to store the confidential information of the employees who
are working in the company
 Development of telecommute approach to allow employees belongs to different
geographical domain
Limitation
 The detail design of the newly constructed building is not explained appropriately
 The reasons for which the owners are responsible for landscaping
3. Establishing project priority
Time Scope Cost Remark
Constraints For this project
the triple
constraints are
time, scope and
budget which
helps to increase
the total
performance of
the project.
Enhance Time for the
company retreat
to another
country is

4PROJECT MANAGEMENT:
important. Thus
the project
manager
instructed to
complete the
project within
estimated time.
Accept According to the
time and
performance the
project cost
estimated is
absolutely
accepted for the
project.
4. Work Breakdown Structure for the project
In order to reduce the workload from the project team members it is necessary for the
project manager to divide the total work in small work packages. For this particular project the
work packages are segmented in 6 parts and the 6 parts are
 Project initiation: In this phase, the total time, budget and other project
significance are allotted based on the retreat plan.

5PROJECT MANAGEMENT:
 Permit for approval: The company was facing many issues from the economical
aspects thus they had planned to change their location to another country. In this
phase they will get approval for changes from the government
 Completion of project planning phase: In this particular work package, the risk
management, contingency planning, budget planning are done by the project
managers. In order to accomplish the project successfully it is important for the
project manager to complete the project within estimated budget and time. Again
the project scope and objectives should also be met at the end of the project
planning phase.
 After completion of this work packages, project monitoring and project closure
phases are implemented to meet the project acceptance criteria.

6PROJECT MANAGEMENT:
Figure 1: WBS for the company retreat plan
(Source: created by author)
Project schedule
Task Name Duration Start Finish Predecessor
s
Resource
Names Cost
Project schedule for
company retreat plan 191 days Tue
3/27/18
Tue
12/18/18 $35,544.00
project initiation
phase 50 days Tue
3/27/18
Mon
6/4/18 $10,576.00
cost analysis and
preparation of data 10 days Tue
3/27/18
Mon
4/9/18
Project
manager,
resource
manager
$2,560.00
planning initial
meeting 7 days Tue
4/10/18
Wed
4/18/18 2
HR manager,
Project
manager
$1,960.00
data gathering 5 days Thu
4/19/18
Wed
4/25/18 3
HR manager,
resource
manager
$1,080.00
site analysis where
the company will retreat 6 days Thu
4/26/18
Thu
5/3/18 4 contractor,
subcontractor $1,440.00
Identifying
stakeholders list 9 days Fri
5/4/18
Wed
5/16/18 5 HR manager $1,080.00
meeting arrangement
based on scenario 3 days Thu
5/17/18
Mon
5/21/18 6 resource
manager $288.00
procurement 5 days Thu Wed 6 HR manager, $1,400.00

7PROJECT MANAGEMENT:
management plan 5/17/18 5/23/18 Project
manager
Contingency
planning 8 days Thu
5/24/18
Mon
6/4/18 7,8 resource
manager $768.00
Milestone 1:
completion of project
initiation phase
0 days Mon
6/4/18
Mon
6/4/18 9 Project
manager $0.00
Permit for project
approval 24 days Tue
6/5/18
Fri
7/6/18 $4,576.00
Document
presentation based on
retreat need
4 days Tue
6/5/18
Fri
6/8/18 10
contractor,
Project
manager
$1,216.00
requesting executive
for additional changes 5 days Mon
6/11/18
Fri
6/15/18 12 contractor $720.00
submitting request to
the government 7 days Mon
6/18/18
Tue
6/26/18 13 contractor,
subcontractor $1,680.00
completion of permit
for project approval
phase
8 days Wed
6/27/18
Fri
7/6/18 14 HR manager $960.00
Milestone 2: Final
approval from the
government to
implement the retreat
plan
0 days Fri
7/6/18
Fri
7/6/18 15 Project
manager $0.00
project planning 76 days Mon
7/9/18
Mon
10/22/18 $14,352.00
analyzing the
complexity of each
activity
12 days Mon
7/9/18
Tue
7/24/18 16
Project
manager,
resource
manager
$3,072.00

8PROJECT MANAGEMENT:
Budget estimation
for each activity 6 days Wed
7/25/18
Wed
8/1/18 18 finance
manager $720.00
risk management
planning 8 days Thu
8/2/18
Mon
8/13/18 19 Project
manager $1,280.00
project priority
matrix development 9 days Tue
8/14/18
Fri
8/24/18 20 Project
manager $1,440.00
signing contract to
the contractors 5 days Tue
8/14/18
Mon
8/20/18 20
contractor,
Project
manager,
subcontractor
$2,000.00
signing contract to
the subcontractors 8 days Mon
8/27/18
Wed
9/5/18 21,22 subcontractor $768.00
contract with
interiors 5 days Thu
9/6/18
Wed
9/12/18 23 Project
manager $800.00
contract with the
electricity suppliers 6 days Thu
9/13/18
Thu
9/20/18 24 Project
manager $960.00
contract with
architect 8 days Fri
9/21/18
Tue
10/2/18 25 contractor $1,152.00
analyzing both
functional and
nonfunctional
requirements
5 days Wed
10/3/18
Tue
10/9/18 26 contractor $720.00
Milestone 3:
Completion of project
planning phase
9 days Wed
10/10/18
Mon
10/22/18 27 Project
manager $1,440.00
Milestone 4:
Completion of project
implementation phase
0 days Mon
10/22/18
Mon
10/22/18 28 Project
manager $0.00
project monitoring 22 days Tue
10/23/18
Wed
11/21/18 $3,320.00

9PROJECT MANAGEMENT:
preparation of
project status report 5 days Tue
10/23/18
Mon
10/29/18 29
Project
manager,
resource
manager
$1,280.00
weekly meeting 8 days Tue
10/30/18
Thu
11/8/18 31 HR manager $960.00
arrangement of
weekly conference 9 days Fri
11/9/18
Wed
11/21/18 32 HR manager $1,080.00
milestone 5:
completion of project
monitoring phase
0 days Wed
11/21/18
Wed
11/21/18 33 Project
manager $0.00
project closure phase 19 days Thu
11/22/18
Tue
12/18/18 $2,720.00
stakeholder signoff 5 days Thu
11/22/18
Wed
11/28/18 34 resource
manager $480.00
final submission of
the report 4 days Thu
11/29/18
Tue
12/4/18 36 Project
manager $640.00
Post project
maintenance plan 6 days Wed
12/5/18
Wed
12/12/18 37 Project
manager $960.00
Milestone 6:
Completion of project
closure phase
4 days Thu
12/13/18
Tue
12/18/18 38 Project
manager $640.00

10PROJECT MANAGEMENT:
Figure 2: Gantt chart for the company retreat plan
(Source: created by author)
5. Cost estimation
After analyzing the details of company retreat in another country it has been found that in order
to deliver all the project objectives and goals it is necessary for the project manager to complete
the project within estimated time period. In order to reduce the workload from the project team
members it is necessary for the project manager to segment the total project into small segments.
For each segment proper cost will be allotted and it is the responsibility of the project manager to
complete a particular task within the estimated budget. In addition to this, degree of shared

11PROJECT MANAGEMENT:
ownership in the key planning issue helps to resolve different organizational problems. The cost
estimated for each of the activities should be estimated based on its complexity. Not only
estimating but also it has t be completed within the estimation.

12PROJECT MANAGEMENT:

13PROJECT MANAGEMENT:
Figure 3: Time phased budget for the company retreat plan
(Source: created by author)
Q1 Q2 Q3 Q4 Q1
2018 2019
0
2000
4000
6000
8000
10000
12000
14000
16000
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
Cost Cumulative Cost
Cost
Cumulative Cost
Figure 4: Time phased graph for the company retreat plan
(Source: created by author)

14PROJECT MANAGEMENT:

15PROJECT MANAGEMENT:
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