Business Administration Project Report: Max Lionel Realty Analysis

This report presents a comprehensive analysis of a Business Administration project undertaken by Max Lionel Realty, a property development company. The report details the company's background, operational strategies, and key personnel involved in project management. It outlines the project's status, including budget, planning, and potential risks, while also emphasizing the importance of adhering to legal and ethical guidelines. A significant portion of the report is dedicated to stakeholder analysis, defining the roles and responsibilities of various stakeholders and outlining a communication plan to ensure effective coordination. Furthermore, the report includes a project snapshot, summarizing the project's purpose, deliverables, resources, and potential risks, providing a holistic view of the project's scope and management strategies. The report emphasizes on project planning and management.

Running head: DIPLOMA IN BUSINESS ADMINISTRATION
Diploma of Business Administration
Name of the Student
Name of the University
Author Note

1DIPLOMA IN BUSINESS ADMINISTRATION
Company Background
The property developer Max Lionel founded Max Lionel Realty in the year 2008. The
company presently has strength of 100 individual out of which 80 are licensed real estate agent.
The operational area of the company is to manage property sales and rental behalf of a wide
range of clients through its clients and agents. This program was implemented to build customer
good will and to fulfill the legal and ethical duties of the company. It is a means of informing the
agents of their legal and ethical responsibilities to the company. On to it, it is of more concern to
the Work Health and Safety and also the anti-discrimination legislation coupled with the
company code of conduct and the company rules as a medium of encouraging and promoting the
high standards in the scenario of professional conduct. The initiative aims to inform both the
client tenants and any willing and able tenants of the Max Lionel Realty to its commitments to
achieve employee and client buy in for the initiatives (onlymelbourne.com.au, 2017). The
organization’s strategy is to use the agents, clients and tenants as the part of their main strategic
plan to carry out its projects. With implementation of this strategy, the agents of the organization
work as the middlemen to connect the buyer and the seller or the salesperson. Agents according
to their area of expertise are utilized in tracking employment in the vast industries ranging from
small to large enterprises. The persons employed the organization in the field of selling and
buying are best to provide a quality service to the customers. The customers who come to MLR
are those who seek information regarding the products that the organization is providing and
desires to get the details of the products well in advance to the offer made available to them. The
duty of the agents is to deal with the potential customers and provide them some information
related to the property such as, address details and fill up details, the term of delivery, the
product quality and terms of information details if any exist. Last but not the least, the

2DIPLOMA IN BUSINESS ADMINISTRATION
organization categorizes the people or organizations that are using the company’s building or are
paying rent for the usage, as the tenants.
Project Manager
The duty of the director of Max Lionel Realty is to look after the everyday operations that
are undertaking in the company. The operations investigation general director of the company is
Kim Sweeney who is responsible for the everyday elements of the business association. The
primary responsibility of the director is to organize the framework, coordinate the audit, basic
partition and the take care of the activities for accomplishing the advantages of cooperation. The
company also hired a human asset supervisor to look after the creation limit and the welfare of
the individual (Skoog, Holler and Crouch 2017). The company’s human asset supervisor is Les
Good ale, who is also responsible for working along with operations administrator in the
planning project framework and to for taking active part in it. The supervisor private realty is
responsible for dealing with every single part of the private realty and for screening and
controlling the exercises of private operations which in this case is Sam Lee. Administrator
speculator of the company is Diminish Mitchell. He is in charge of dealing with the venture
realty from every single aspect (Martinelli and Milosevic 2016). Last but not the least; Dwindle
is positioned in the administration to exercise in identification with venture specialists
(reiv.com.au. 2017; Weil, Brady and Weil 2016).
Project Status
The design of the task is comprised of project budget, project plan, estimation of required
human asset and many more crude materials for carrying out the project development program.
The satisfaction of individuals in the team is considered while making decisions in the plan.

3DIPLOMA IN BUSINESS ADMINISTRATION
Moreover, the processes of speculation are also decided. Basic structural framework has been set
with accordance to the rest of the plan with expectation of the fulfillment of the project.
Moreover, a scope for amendments is planed as the project can be, and expected to be influenced
by the monetary allowance as the loan fees, trade rates and swelling rates may vary from the
calculations (Shen 2010).
Special Provisions
In order to have solid backbone for the business and to avoiding the unexpected
circumstantial results, the principles and directions surrounded by the administration has to be
approved by MLR. Various Acts needs to be studied and considered for the fulfillment of the
above mentioned reason. Some of the important ones in the field are, Pay Expense Appraisal Act
1997, Reasonable Work Act 2009, Risky Productive Act 1985, Enterprise Act 2001, Word
Related Wellbeing and Security Act 2004, Another Expense Framework Act 1999, Sex
separation Act 1984, Inability Segregation Act 1992, Rise to Circumstance Act 2010 and
Protection Act 1988 (austlii.edu.au 2017; Crowe et al., 2013).
Project Approval
Approval of the project is essential because of its authenticity to the numerous aspects of
the project as discussed.
Scope of the Project
Scope of the project identifies the limitation of the undertakings that is the controller of
the project and determines the path of its completion. It focuses on the aspects that can be
included of excluded from the plan and imperatives that influence the venture. Another purpose

4DIPLOMA IN BUSINESS ADMINISTRATION
supplements in resulting out the issues that organizes additionally (Alletto-Walton et al. 2014;
Phillips 2013).
Scopes Assumptions Out of Scope Constraints
 Fulfillment of
the clients’
requirement will
be kept in mind.
 Individual with
responsibility
will take part
accordingly to
meet the
obligations
 Development of
the venture is of
prime
importance.
 Execution of the
program in
appropriate
manner by
assessing the
human asset and
 Customers’
requirement
will be given
top most
priority and
the quality will
be maintained
accordingly.
 The plan will
be executed as
per discussion
to complete
the project.
 An incarnation
of additional
cost has to be
kept in mind
during
implementation
of the project
plan as there are
various factors
that might vary.
 Construction of
multiple floor is
not included
that might go
wrong.
 The
efficiency
of the
project lies
with
individuals
with
particular
responsibil
ities and
the roles
assigned.
 Various
rates
involved in
the project
might vary,
which can
have direct
impact in

5DIPLOMA IN BUSINESS ADMINISTRATION
the crude
materials.
the
completion
of the
project.
Project planning and management Project client: Date version: 26/ 08/
2017
Project sponsor:
Max Lionel
Officer Riz Mehra
Project manager:
Kim Sweeney
Les Goodale
Sam Lee
Pat Mifsud
Peter Mitch
File name:
Stakeholder analysis
Name Working areas Stakeholder types Success criteria and
impact on project

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Management of the
organization
They manage all the
activities of the
company from within
and look after the day
to day operations
Service providers or
internal stakeholders
They tend to have a
big impact on every
project that they
undertake.
The employees of the
organization
They perform their
roles as they are the
key players in helping
the organization to
achieve the success
Service providers or
internal stakeholders
They also have a huge
impact on the project
as they are the ones
who complete the
works.
Customers The activities are
being performed for
their convenience and
provide them the
proper services.
They are the end-users
or the external
stakeholders
They have to provide
different types of
projects to the
organization.
Investors They are very
important for the
company as they
provide the needed
funds for the project
to be completed. They
help to execute the
activities.
They are the external
stakeholders.
The amount of the
investments made by
the investors has a
huge impact on the
financial condition
and growth of the
company.
Government The government
guides the company
They are the
regulatory body and
They make a good
deal of impact on the

7DIPLOMA IN BUSINESS ADMINISTRATION
by making new rules,
regulations and
formulates them to
achieve the further
success in the coming
future.
can be assumed as the
external stakeholders
as well.
company by
formulating several
new rules, regulations
and policies for the
future business
operations.
Communication plan
The communication plan for Max Lionel realty has to be designed properly so that the
different stakeholders can be able to communicate with each other relating to different matters.
what who purpose frequency type
Meeting for
initiation
between
stakeholders
The customers or
the clients
The stakeholders
have to collect
the data from the
clients so that
they can evaluate
what the
customers need
from the project..
This has to be
done at the
beginning time
of the project.
Meetings have to
done and the
written notices
have to be put up
to communicate
with the various
stakeholders.
Employees or
workers
They will be
concerned with
the time, cost and
the effort that

8DIPLOMA IN BUSINESS ADMINISTRATION
will be needed to
complete the
project..
Management
team
They have to
approve the
decisions and
make the project
plans authentic
ones.
Investors The investors
have to be made
aware by them
about the project
that they are
investing in.
Experts They should be
able to identify
the feasibility of
the project.
Distribute project
initiation plan
Client or
customer
The information
have to be
provided to the
customers about
It is done before
the starting of the
project.
Information have
to be sent
through emails or
posts or project

9DIPLOMA IN BUSINESS ADMINISTRATION
the project plan brief description.
Investors Information has
to be distributed
to the investors.
Experts The experts have
to be provided
information as
well.
Management
team
Providing details
to the
management of
the project for
their consent.
Employees or
workers
Delegate all the
relevant
information to
the employees.
Project kick-off To the
employees,
clients,
management
team and
managers
This is done to
make the
stakeholder
aware of their
responsibilities
and to make the
It heppens just
before the
starting of the
project.
Meetings
between
stakeholders
have to be
arranged.

10DIPLOMA IN BUSINESS ADMINISTRATION
effective
communication
between
themselves.
Status report To the
employees,
clients,
management, and
managers
It is done to
make the
stakeholders
aware of the
current status of
the project
(Weiss 2014).
This has to be
done vary
regularly.
Meetings have to
be arranged..
Team meetings Team or the
individuals
involved in the
planning.
The performance
of the project and
individuals has to
be assesses.
Meetings have to
be arranged at
regular intervals..
With the help of
meetings.
Sponsor
meetings
The management
team and
investors.
Communicate
the project status
and taking
approvals from
the management.
Regular meetings
must be
arranged.
Meetings and
emails.
Roles and responsibilities
Role Names Responsibilities Signatures

11DIPLOMA IN BUSINESS ADMINISTRATION
Project client David James His responsibility is to
provide all the relevant
information so that the
project can be prepared
properly.
Project sponsor Max Lionel officer Riz
Mehra
The project manager
should be looking after
the funds and financial
cycles of the project
(Walker 2015). The
budget reports should be
analyzed by him as
well.
Project manager Kim Sweeney, Peter
Mitchell
The coordinating system
and benefit projects
have to be reviewed by
the project managers
(Burke 2013).
Project managers Kim Sweeney, Peter
Mitchell
They should ensure that
the project is on the
right track.
Working parties Officer Riz Mehra The working party
should be able to
provide certain

12DIPLOMA IN BUSINESS ADMINISTRATION
recommendations to
improve the quality of
the project.
Project snapshot
Project snapshot
Name of the project: Project Planning and Management
Purpose of the project: A plan must be prepared to execute the building of a house as wanted by the
client and providing him the best quality services.
Deliverables with time frames:
To complete project within time.
Maintaining good quality work.
To maintain the ethical and legal frameworks
(Ferrell and Fraedrich 2015).
Stake holders
Max Lionel
Officer Riz Mehra
Kim Sweeney
Peter Mitchell
David James
Resources:
The resources to complete this project are:-
Human resource
Raw material
Best equipments to execute the plan
Communication software (Kristiansen,
Risks:
The risk factors in this project are:-
Limited resources must be used to achieve
maximum benefits
The fixed budget may be hampered due to

13DIPLOMA IN BUSINESS ADMINISTRATION
Plagemann and Goebel 2013).
Financial support
Experts for making estimates for the project
plan.
interest change and inflation
Technological changes may affect the feasibility
as well.
Company must complete the project within the
limited time.
Max Lionel Realty needs to follow all the legal
frameworks.
Interdependencies:
This project is dependent on the projects being
done earlier.
Project preparation is based on the experts.
Success criteria:
As the earlier projects have been successful, it
will help them to continue the success story.
All the resources should be made available.
Project objective
The objectives for the project are to achieve the maximum satisfaction and benefits for
the clients by completing the project on time with quality services (Kerzner 2013).
Governance
Max Lionel Realty has taken up certain acts which will help them to comply with the
ethical guidelines and employee safety (Kapp 2012).

14DIPLOMA IN BUSINESS ADMINISTRATION
Scope including key variables
The scope for this project is to build a house for the client with a construction project
plan. The scope for this project is to complete within the given timeline and within the allocated
budget. The additional construction is excluded from the project. It can be assumed that the
resources will help the company to complete the project with efficiency.
Resource and cost plan
Deliverable Resource Cost ($)
Planning Software 3,500
Human resources
Funds
Techniques
Implementation Human resource 15,000
Technological elements
Funds
Raw materials
Monitoring and controlling Techniques 5,500
Human resources
Equipments
Project risk assessment
Risk Level Management strategy

15DIPLOMA IN BUSINESS ADMINISTRATION
lack of proper resources High Arranging effective resource
Not maintaining the acts High Conduct activities in legal and
ethical manners
Poor workplace environment Low Adopt values and principles
Changes in economic policies High Prepare contingency funds to
adjust with impacts of
economic policies.
Quality management plan
Stakeholder Information required When required
Management Relevant information about the
company (Goetsch and Davis
2014).
Every stage.
Employees Important information about
the employees.
Every stage
Customers Company performance
information.
At the time to communicate
with report details
Investors Project information in which
investors have invested.
The investment processing
time (Bodie, Kane and Marcus
2014).
Government Information of the adopted
policies.
At every stage