Strategic Project Management: Duplex Construction Project in New South Wales, Australia

Running head: STRATEGIC PROJECT MANAGEMENT
Strategic Project Management: 33, Englorie Park Drive, New South Wales, Australia duplex
construction project
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1STRATEGIC PROJECT MANAGEMENT
Introduction
This report depicts the role of the strategic project management practices and their
application in the practical field to gain commercial profit and competitive advantages as well.
For this real estate project the chosen location is 33, Englorie Park Drive, New South Wales,
Australia. It is possible that, the success of this project will increase the income and the equity.
The project defines a real estate business for which cash is reserved for commercial funding
development project. The total investment estimated for the successful implementation of the
project is $800,000. Besides the funding the total time that has been allotted for the completion
of this project is 9 months. A feasibility calculation study details along with a details timeline are
also represented in this report for this project.
1. Constraints and goals
1.1 project constraints
For this specific duplex construction project triple project constraints are chosen in terms
of time, budget and scope. It is determined that if three of these constraints are properly chosen
by the project manager then the project will meet the success criteria and all other components.
Budget
This is mandatory for the construction project manager to define the project budget
accurately to ensure that the planned cost and the actual cost of the project are almost equal. This
is the responsibility of the finance manager to allot the budget in such a way so that within
estimated time it can accomplish the activities within the estimated budget. It is also determined

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that if the finance manager fails to estimate the budget then, the project will face different
construction level challenges. The total budget estimated for this project is $800,000.
Time
Based on the project requirements it is estimated that, the duplex construction project
should be completed within 9 months. If the project time is increased then the cost of the project
will also be interrupted. For reducing the project complexity the project manager should divide
the large project in small activities. Again, for each of the project activity resources and budget
will be allotted accordingly. It is the role of the resources to accomplish their allotted job roles
within the estimated timeframe without any kind of extension.
Scope
The project scope is the approved project documentation. The documentation stars with
project charter, which demonstrates the details of the project including the project goals, in scope
and out scope also. Not only this but also the stakeholders associated to the project are also
mentioned in the document. The scope creep, kick off meeting, communication patter, resource
management and also risk management approaches considered for this project are also elaborated
in the project scope. Whether the estimated budget according to time and activity are feasible are
not is calculated for the duplex construction project. In addition to this, representation of the
project timeline is another scope of this project.
1.2 Project goals
The goal of the project is define and calculate a project feasibility study based on the
macro environment and the mocro environment of the project. The macro environment of the
project is determined considering the economic, competitive, demographic and resource factors.

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On the other hand, the micro environment of the project is estimated based on the technical,
internal expertise, externals factors etc. The feasibility report of the project is dependent on the
timeline that has been allotted as to be 9 months for the project.
2. Feasibility study for the construction project
2.1 Feasibility report
Project Feasibility Study
1. Land
Information
2. Purchase
Information
Land Address: 33, Englorie Park Drive,
New South Wales,
Australia
Land Price: 250,000
Suburb/Town: Glen Alpine
(Subrub)
Stamp Duty: $18,000
Land Size: 12,000 square feet Conveyancin
g Fees:
$8,000
3. Local Council
Information
4.
Construction
Information
Local Council Campbell town City Builder Silverdale building Pty Limited