Project Management Report: Analysis of Katz Office Fit-outs Project

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Added on  2023/01/24

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This report analyzes the Katz office fit-outs project, focusing on project management principles. It provides an overview of the project, including its current status, schedule variances, and cost variances. The report details the project's initial budget, actual costs incurred, and remaining funds. It also examines the leadership behavior of the previous project manager, Tony Faultier, and the team environment. The report recommends the use of democratic leadership to improve team dynamics and project completion. The conclusion emphasizes the importance of strategic development and risk management in project management. The report includes references to relevant project management literature.
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Principles of Project
Management
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Cover Content
Introduction
Regulatory Bodies
Details of All-inclusive tour,
Timescale
Methods of contracting
Information about hotels
Selling price of holiday
Conclusion
References
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Introduction
Project management is an area of management which involves
practices like initiating, planning, executing, controlling and
closure of the work in stated period of time.
In the contrary, this presentation will be aimed at project tracking
on a work till now done by Katz office fit-outs and its
reporting. Also, this report will also puts emphasis on
presentation skills, team leadership and learning or reflection
at a greater side.
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Overview of the project
This project is currently engaged by Katz office outlets, in which
firm is undertaking fit-out project in the medium size IT office
building in the Sydney suburbs
As, the current project manager has left this business entity and
work is abrupt in the middle process.
In this, work is partially completed on every level of this building
on which observation is necessary to this project. On this, big
amount has been spent and still completion of this project needs
to be undertaken
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Current status of the project
This outfit project was decided at budgeted amount of $1.2
million and original schedule for completion of this project work
is decided four months from 1 may to 30 June. In this outfit
project, four level of the building such as ground floor, first floor,
second floor and top floor
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Schedule variances:
Level of the building Standard work required Actual work done
Ground floor 100.00% 75.00%
First floor 50.00% 25.00%
Second floor 50.00% 25.00%
Top floor Not yet decided 50% ahead of previous call.
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Cost variance
Particulars Amount
Total cost budgeted for this fit-out project $1.2 million
Less: Actual cost spent on the fit-out $675K
Amount yet to be spend $525K
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Gantt Chart
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CONTINUED..
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Additional information
When this project of the Katz fit-out was undertaking, project
manager Tony Faultier has left position in a Katz office fit-out and
moved to abroad to join new job. So, this is necessary to recruit
any new project manager, so as to complete this entire project as
before of 30 June as per the policies.
Of-course, new project manager is required to be equipped with an
innovative skills or competencies such as an effective
communication & ability to interact with the BOD of the Katz
office fit-outs.
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CONTINUED…
As hired for Katz office fit-outs, decision making is required in
context of new project manager, who should be capable to
complete this remaining project. New hired project manager
will have to produces time to time report of work done and
report it to the BOD and owner & chairman of this business
firm
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Overview of the leadership behaviour
Leadership behaviour is easy to understand, though perhaps
requiring efforts to perform consistently. The change in the
behaviour gives every kind of a leader a forward path forward
to rise level of an effectiveness.
In this, organisational zoo model will be used, in which
emphasizes or analysis of a leadership behaviour of the Tony
Faultier to suggest further improvements into the leadership
system
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