University Project: Labuan Square Redevelopment Project Report

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The report details a project management plan for the Labuan Square redevelopment, encompassing the demolition of existing shops and construction of a two-story building. It outlines project parameters, including scope, time, and budget constraints. The methodology employed is the waterfall model, aligning with the construction-based nature of the project. The report meticulously addresses the ten knowledge areas of the Project Management Body of Knowledge (PMBOK), including integration, scope, schedule, cost, quality, resource, communications, risk, and procurement management, along with stakeholder management. It provides detailed work breakdown structures, Gantt charts, cost breakdowns, and S-curves, alongside explanations of techniques like Earned Value Analysis (EVA). The project involves various stakeholders, and the report includes a communication management plan. The report is a comprehensive analysis of the project's planning phase.
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Running Head: PROJECT MANAGEMENT
Labuan Square Redevelopment Project
Name of the Student
Name of the University
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Table of Contents
Introduction and Project Background..............................................................................................2
Project Parameters and Boundaries.................................................................................................2
Project Management Practice and Methodology.............................................................................2
Project Management Techniques and Tools....................................................................................3
Project Integration Management..................................................................................................3
Project Scope Management.........................................................................................................3
Project Schedule Management....................................................................................................4
Project Cost Management............................................................................................................9
Project Quality Management.....................................................................................................11
Project Resource Management..................................................................................................11
Project Communications Management......................................................................................12
Project Risk Management..........................................................................................................13
Project Procurement Management.............................................................................................13
Project Stakeholder Management..............................................................................................13
Conclusion.....................................................................................................................................14
Bibliography..................................................................................................................................16
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2PROJECT MANAGEMENT
Introduction and Project Background
In this project, as a part of the plan developed by the client, a two storey building will be
constructed including various specifications once ten shops on the west of Labuan Square are
demolished. It is evident from these requirements that significant demolition and construction
works are necessary in the project along proper design and planning. In addition to knowledge
and skills specific to the construction, project management knowledge (PMBOK knowledge
areas) are also required to plan, initiate, execute and close the project.
This report is based on the planning of the project as well as discussion about various
parameters of the project with specific focus on the ten knowledge areas of Project Management
Body of Knowledge (PMBOK).
Project Parameters and Boundaries
The main parameters for any project include three main boundaries – scope, time and
budget. For the redevelopment of Labuan square, the primary scope involves demolition of ten
shops and construction of a two storeyed building. The time allocated for the project is 300
working days and the allocated budget is $2,250,000.
Project Management Practice and Methodology
As with the case of any normal project, this particular project will also be conducted with
a specific methodology and practice. Since this project is primarily based on demolition and
construction works, the most favourable methodology for the project is waterfall method. The
project management practices involved will be as per the ten knowledge areas as specified by the
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Project Management Body of Knowledge (PMBOK). Further details of the project management
practice that will be applicable for the project are discussed under the following headers.
In addition to the PMBOK knowledge areas, some other details of the project also need to
be discussed. As for the methodology, waterfall model will be used for the project. This method
is utilised because this project is not software based and the sequence of activities specified in
the waterfall model suits this project. The use of the waterfall method in this project will be
reflected in the work breakdown structure that will be discussed later in this report.
Project Management Techniques and Tools
Tool / Technique 1: Project Integration Management
The entire project, integrated with all the different parameters, techniques and tools, that
can be presented as a part of a full project plan is called project integration. On the other hand,
the process by which all the project parts are integrated within one plan is called project
integration management. In this project, the project integration management will be done once
all the different parts of the project are planned and completed and the project is ready for
execution.
Tool / Technique 2: Project Scope Management
Project scope signifies the boundary of the project and the management of the scope is
essential for keeping the project on track during execution. For the project that is under focus for
this report, the scope is defined as follows.
Demolition Works – Ten shops on the specified location will be demolished for the
purpose of construction of the building.
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Construction Workers – Construction of the two storey building will be done as per the
specifications provided by the client.
Tool / Technique 3: Project Schedule Management
It is of highest importance to manage the schedule of a project so as to ensure the
delivery deadline is not missed. If the project is not delivered within the specified time, there will
significant financial losses for both the parent organisation (client) and the project management
organisation (contractor). For effectively and efficiently managing the schedule of the project,
the time breakdown needs to be determined for the individual work packages in the project.
Usually, the schedule is determined for the project after breaking the project down into
individual work packages in the form of a Gantt chart.
For the project that is under focus in this report, the time schedule for the project is
developed and shown in the following table.
WBS Task Name Duration
0 Redevelopment Project for Labuan Square 295 days
1 Requirement Analysis and Planning 35 days
1.1 Meeting with Client and Other Related Parties 35 days
1.1.1 Analysis of the project requirements and discussion regarding shop demolition and
building construction 6 days
1.2 Finalise the project and ready to proceed 0 days
1.1.2 Develop project proposal and get it reviewed by the project owner 8 days
1.1.3 Receive approval for the project from government by reviewing the proposal 6 days
1.1.4 Estimation of approximate budget required to complete all work requirements of the
project 5 days
1.1.5 Determine if the project parameters are feasible as per the requirements and limitations 10 days
2 Project Planning and Verification 52 days
2.1 Assign work requirements of the project to respective stakeholders 5 days
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2.10 Hire workers for the demolition and construction work 4 days
2.11 Set the final budget and time for execution and delivery of the project 2 days
2.12 Formally start working on the project 0 days
2.2 Create project charter with all relevant specifications for the project 12 days
2.3 Development of project scope 4 days
2.4 Finalise the budget with accurate estimation and cost breakdown 5 days
2.5 Develop the work breakdown structure along with the project schedule in the form of
Gantt chart 2 days
2.6 Break the project into small work packages 4 days
2.7 Release tender notice for contractor hiring 6 days
2.8 Hiring of the contractor from the tender bids 3 days
2.9 Discuss project specifications with contractor 5 days
3 Demolition and Construction Works 179 days
3.1 Demolish the ten shops at the selected site 25 days
3.10 Plastering works on the building 12 days
3.11 Installation of electrical and other equipments 5 days
3.12 Finishing touches on the internal and external walls 5 days
3.13 Structural development of the building complete 5 days
3.14 Installation of windows and doors on the cutouts 5 days
3.15 Connection with main electrical and water supply lines 5 days
3.16 Decorations and Other Works 29 days
3.17 Completion of all construction works 2 days
3.18 Delivery of the project to the client 0 days
3.2 Land excavation and building of the foundation 10 days
3.16.1 Interior Walls Colour 6 days
3.3 Construction of architectural framework of the building 15 days
3.16.2 Exterior Walls Colour 7 days
3.4 Strengthening of the framework with TMT bars 15 days
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3.16.3 Testing of electrical circuits 5 days
3.5 Develop the infrastructure with bricks and concrete 15 days
3.16.4 Testing of water supply 6 days
3.6 Construct the internal dividers and walls 15 days
3.16.5 Security and safety equipments installation 5 days
3.7 Cut out of door and window spaces 4 days
3.8 Installation of electrical circuits 6 days
3.9 Installation of water supply circuits 6 days
4 Closing of the Project 29 days
4.1 Project review 10 days
4.2 Appraisal of work done in the project 12 days
4.3 Finalise the pending payments 5 days
4.4 Verification and sign off from the stakeholders 2 days
4.5 Project official closing 0 days
Accordingly, following is the Gantt chart of the project developed from the above table.
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Figure 1: Project Gantt Chart
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(Source: Created by Author)
Figure 2: Project Critical Path
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(Source: Created by Author)
Critical Path Explanation: The smallest path in the Gantt chart that connects the start and
the end dates of the project denotes the critical path. Critical path may be linear (in case of all
finish-to-start linear dependency) or complex (in case of parallel activities and separate
dependencies). In this case, the entire Gantt path is the critical path due to linear activities and
dependencies among them.
Tool / Technique 4: Project Cost Management
Similar to the management of schedule of the project, it is equally important to control
the cost of the project in order to avoid overshoot of budget. When the planning of the project is
done, the budget is generally set after estimation of all possible costs in the project. It is not
desirable to exceed the maximum budget limit as it may cause massive financial losses for all the
parties. Hence, effective cost management is one of the most important requirements for any
project.
Generally, the cost is estimated by breaking down the various elements of cost including
material resources and human resources involved in the project. For the Labuan Square
redevelopment project, the cost breakdown in shown in the following table.
Resource Name Type Std. Rate
Manager of the Project Work $300.00/hr
Assistant Manager of the Project Work $225.00/hr
Supervisor of the Project Work $260.00/hr
Chief of Project Finance Work $250.00/hr
Construction Manager Work $200.00/hr
Labour Work $600.00/hr
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Building Materials Material $350,000.00
Construction Vehicles Rent Material $250,000.00
Other Costs Material $100,000.00
Using these costs in the main project considering the total working hours of each of the
stakeholders and the fixed costs utilised in the project, the budget breakdown can shown in the
following table.
WBS Task Name Cost
0 Redevelopment Project for Labuan Square $2,117,360.00
1 Requirement Analysis and Planning $289,800.00
2 Project Planning and Verification $187,000.00
3 Demolition and Construction Works $859,200.00
4 Closing of the Project $781,360.00
Based on the costs estimated for each work package shown above, the S-curve of the
project can be developed as follows.
Requirement Analysis
and Planning Project Planning and
Verification Demolition and
Construction Works Closing of the Project
$0.00
$100,000.00
$200,000.00
$300,000.00
$400,000.00
$500,000.00
$600,000.00
$700,000.00
$800,000.00
$900,000.00
$1,000,000.00
Actual Cost Remaining Cost Baseline Cost
Figure 3: S-Curve of the Project Costs
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11PROJECT MANAGEMENT
(Source: Created by Author)
In addition to the estimation of costs, it is also equally important to manage the costs
throughout the course of the project. The proposed technique for the same is EVA i.e. Earned
Value Analysis technique. This particular technique is used to monitor and analyse various cost
related performances in the project so that appropriate adjustments can be made accordingly.
Monitoring the project costs is very essential so as to avoid unnecessary expenditures or budget
overshoot. Some of the major components of EVA include actual cost (AC), earned value (EV),
cumulative cost (CC), budget at completion (BAC), planned value (PV) and others.
Tool / Technique 5: Project Quality Management
Quality is an essential aspect of a project and it is important maintain a specific quality
standard for any project. Quality may refer to the work quality or product quality and there must
be a specific quality standard set during the start of the project that the project team needs to
fulfil positively. Accordingly, for the Labuan square redevelopment project, there should be
specific quality standards set for the building that will be constructed on the property.
Tool / Technique 6: Project Resource Management
Resources are the primary requirements of the project that can be both human and
material. The human resources utilise the material resources for reaching the final outcome of the
project within the limitations of time and budget. The list of resources for the Labuan square
redevelopment project is shown in the following table.
Resource Name Type
Manager of the Project Work
Assistant Manager of the Project Work
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