Renovation of Head Office for Superior Implements (SIM Co.)

TASK 2.4 FINAL REPORT
Renovation of head office of Superior Implements (SIM Co.)
Report Date: <Date>
1 INTRODUCTION
The project is developed for the renovation of the head office of Superior Implements (SIM Co.) and it
would involve the usage of less than 6 months for the completion of the renovation works. The
company wants their head office to be renovated and developed into a new office by working on the
flooring, replacing kitchen and bathroom facilities, and refurbishing them for the organization. The
main purpose of the project is completing the renovation works for the head office of Superior
Implements (SIM Co.) by finishing all the expected works in the assigned time and budget.
2 PROJECT IMPLEMENTATION
2.1 Specialist skill requirements of those implementing the project
Project Plan for the execution of the project
Cost estimation plan for managing the resources
Renovated head office of Superior Implements (SIM Co.)
Installed the new facilities at the kitchen and bathroom of head office
2.2 Identify any skill gaps and contingencies
The project involves the gap of integration of the project management principles and skills with that of
the construction and renovation work alignment. The contingency required for the achievement of the
project completion would be deployed with the formation of the implication management.
2.3 Record-keeping strategies
Records are to be managed with the help of effective storing and managing the records with the help
of development. The record management would be helpful for the formation of the effective storage
and implication of the innovative work alignment.
2.4 Use and approval of physical resources
The main physical resources for the project were Renovator, Project Manager, Planner, Worker,
Plumber, Painter, and Carpenter.
2.5 Risk treatment and contingencies
The risk treatment and contingencies would include Provisional budget, Time Management Plan,
Hiring Transportation, and Issue management.
BSBPMG522_AT2_Task2.4_FinalReport 1

3 PROJECT MONITORING
3.1 Reporting project progress
Identification of the reporting required
Developing strategy for the reporting implication
Evaluation of the reportings
Completion of the reporting implication
3.2 Assessing the performance of project team members
The team members can be assessed with the help of effective work requirement and the utilization of
the improved work alignment. The project team members would have to undergo training and it is
very important for the management of the training for the project team members. The main benefit of
implying the training is that the members would be assisted by the implication of the improved work
alignment.
3.3 Risk management
Risk management is the process of managing the project progress and keeping the impact of the risk
controlled.
3.4 Assessment of record keeping strategies
Records are to be managed with the help of effective storing and managing the records with the help
of development. The record management would be helpful for the formation of the effective storage
and implication of the innovative work alignment.
3.5 Assessment of quality requirements
Date Process
Measured
Required
Specification
Actual
Specification
Accepted?
(Y/N)
Remedial or
Corrective Action
Recommended
Date
Resolved
28-03-19 Process
Audit of
Project
Planning
Project plan
approved
HR Section of
Plan not
approved
N Correct HR
component of plan
and gain approval
10-04-19
15-04-19 Risk
Assessment
and analysis
Risk Planning Risk Priority
Matrix missing
N Priority matrix to be
made
25-04-19
4 FINALISE PROJECT
4.1 Finalisation of financial activities
The cost benefit analysis would be done considering the utilization of the cost income and expense
analysis. The cost benefit would be evaluated by deducting overall expenses from the income and
calculating the present value of the project. The one time cost of the project was expected to be
$60,000.00. The maintenance cost of the new head office would be increased by $500 per month.
However, the monthly benefit of the new head office would be $3000.
2
BSBPMG522_AT2_Task2.4_FinalReport