Project Management: Royale Pizza Shop Renovation

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

PROJECT MANAGEMENT
1
Table of Contents
1. Project schedule.....................................................................................................................2
1.1 Preparation of a schedule.................................................................................................2
1.2 Discussion about the methods, tools and techniques.......................................................5
1.3 Critical path of the project................................................................................................6
1.4 Tools and techniques used...............................................................................................7
2. Project budget.........................................................................................................................7
2.1 Proper budget for the project............................................................................................7
2.2 Assumptions that are made in preparing budget............................................................10
2.3 Actions taken in controlling budget...............................................................................11
3. Risk identification................................................................................................................11
3.1 Identification of risk management techniques and tools................................................11
3.2 Risk response strategies for keeping risks on track.......................................................12
Bibliography.............................................................................................................................15

PROJECT MANAGEMENT
2
1. Project schedule
1.1 Preparation of a schedule
The schedule that is developed for undertaking the renovation works reflects that
around 6 months of time is needed for successful completion of the project. The below
showcases the starting and ending date for each of the activity of the project.
WBS Task Name Duration Start Finish Predecessors Resource Names
0
Renovation of
Royale Pizza
shop
6 mons
Fri 01-
03-19
Thu 15-08-
19
1
Project
designing phase
1 mon
Fri 01-
03-19
Thu 28-03-
19
1.1
Determining
the requirements
of business
8 days
Fri 01-
03-19
Tue 12-03-
19
Project management
consultant
1.2
Developing
blueprint for
construction
11 days
Wed 13-
03-19
Wed 27-03-
19
2 Architect designer
1.3
Getting
approval for
construction
1 day
Thu 28-
03-19
Thu 28-03-
19
3 Project sponsor
1.4
Milestone 1:
Project design
complete
0 days
Thu 28-
03-19
Thu 28-03-
19
4

PROJECT MANAGEMENT
3
2
Project
procurement &
delivery phase
2 mons
Fri 29-
03-19
Thu 23-05-
19
2.1
Recognizing
different needs
and requirements
of the project
8 days
Fri 29-
03-19
Tue 09-04-
19
5
Project contractor,
Procurement manager
2.2
Suppliers of
the project are
identified
5 days
Wed 10-
04-19
Tue 16-04-
19
7
Procurement
manager, Additional
cost[1]
2.3
Proper
understanding
and knowledge
about price terms
10 days
Wed 17-
04-19
Tue 30-04-
19
8 Project sponsor
2.4
Purchase of
different types of
materials
12 days
Wed 01-
05-19
Thu 16-05-
19
9
Procurement
manager, Equipment
supply[1]
2.5
Getting
inspection as
well as receipt
5 days
Fri 17-
05-19
Thu 23-05-
19
10
Construction
manager, Shop
supervisor
2.6 Milestone 2:
Project
procurement &
delivery phase
0 days Thu 23-
05-19
Thu 23-05-
19
11