Commercial Building Construction Project Management Plan Analysis

This project management plan outlines the key aspects of constructing a commercial building, focusing on integrating advanced technologies. The plan addresses stakeholder concerns, including investors, employees, and government bodies, and details strategies for managing their interests. A comprehensive risk register identifies potential financial, time-related, and technical challenges, proposing mitigation strategies for each. Cost-benefit analysis evaluates the project's financial viability, with a detailed breakdown of costs and identified benefits such as enhanced security and appeal to potential tenants. The project timeline is structured in phases, from initial construction to closure, with specified durations for each stage. Finally, the plan acknowledges potential project execution challenges and provides a framework for effective management throughout the construction process.

Project management

Table of Contents
INTRODUCTION...........................................................................................................................3
PROJECT MANAGEMENT PLAN...............................................................................................4
Stakeholders concern...................................................................................................................4
Risk register.................................................................................................................................6
Cost benefits analysis..................................................................................................................8
Time scale..................................................................................................................................10
Project execution challenges......................................................................................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Project management is essential in any of the project as it simply allows to bring working
condition easier and more favourable through which goals can be accomplished easily. It is
further discussed as a process where includes number of activities such as planning, executing,
controlling as well as closing. In any of the project, there is a requirement of a team which can
support each of the member in performing work in specified manner (Gomes and Romão, 2016).
In any of the project, major target of project manager is to ensure that how work can be
completed on specific time period.
In context of the file, project for construction of commercial building has been selected
where it will be focused that how latest technology can be included so that effective facilities can
be provides to the one who purchase or lease the property for certain time period. During the
whole project the major topics which will be covered in it are related with the concern of
stakeholders. Including this there are number of other factors such as risk factor, time of the
project as well as stakeholder analysis.

PROJECT MANAGEMENT PLAN
It is defined as the plan and policy which is needed to be prepared by project manager where
each of the aspects are considered within the project. This particular document is prepared in the
written form where some of the important aspects are considered such as budget, time, marketing
cost and many more. It is necessary for the project manager of an entity that he should be able to
consider each of the aspects in desire manner so that suitable result can be obtained and even if
any of the problem arises then it can be resolved in perfect manner. As this project is basically
for the construction of a commercial building where different advanced technology will be
included such as sensor along with face unlock gate system. CCTV will have the key importance
in the building as a part of important means (Lloyd-Walker, French and Crawford, 2016). This
all facilities will allow commercial sector to perform their business activity in safe and secured
manner. For this, there are number of factors where entity should focus and that has been further
discussed below:
Stakeholders concern
Stakeholder are all those direct and indirect parties which have a connection with the
business entity. In any of the organisation stakeholders are the one who allows the business to
attain goals in specific time period. In context of the commercial building construction, there are
number of stakeholders who will be connected such as investors, constructor, employees,
government bodies and many more. It is essential to understand that all of these stakeholders
have a huge role within the construction process because it will certainly ensure that building
construction work as being done in a systematic manner. As stakeholders always plays the vital
role within the organisation, it means that their interest should be protected and managed in
required manner so that any of the problem do not arises at the time of performing any of the
work. The detail description about the relation and interest of stakeholders has been mentioned
below:
Stake holder's
name
Reason stating their
Interest
Whether they are in
Favour or against
What is done to
manage them
Investors
Students
In any of the construction
work, there is a high
interest of investor can be
As they are the who
will invest within the
whole project and even
In order to manage
them and their fund, it
will be necessary for

seen easily because they
are one who always wants
to earn profit from any of
the investment. This
building will include higher
technology due to which
high market demand can be
seen easily.
the idea which are to be
included within the
construction work are
quite different which
means that they are
supporting this whole
project (Martens and
Carvalho, 2016).
the project manager to
show the proper plan
that how they are going
to conduct whole of
this project.
Employees These are the person who
have a huge interest within
the project because it is
said that at the end of the
day, they are the one who
will work for the
construction work.
They will certainly
work in the favour of
the project because at
the time of performing
the duty they will
certainly learn number
of new things.
In order to manage
them, there are
different teams which
can be formed by the
entity. Along with this,
project manager can
provide proper training
to the employees.
Suppliers These are the person who
will need to deliver the raw
material on time just for the
purpose receiving the
payment on time.
It is always seen that
they are always in the
favour of a company in
starting any of the
project.
They should be
managed in the manner
so that they can easily
provide the raw
material as per the
requirement of project
manager.
Government Any of the commercial
building has a good
opportunity for government
generating income through
taxes and other charges.
As it is said that better
opportunity to generate
tax, government is in
favour of the
construction.
Here, government can
be managed by
providing them the
proper information
regarding the future
plans of the company
(Niazi and et. al.,

2016).
Risk register
It is among the most important factor in any of the project management as it allows to determine
about the risk included within the project. If project manager is able to ascertain about different
risk factors then it becomes easy for them to perform their work in an effective manner. In
context of the commercial building construction project there are certain risk which needs to be
managed in a systematic manner. It has been further discussed below in detail:
Risk Risk Level(L/M/H) Likelihood of events Mitigation strategy
Financial risk: It is
among the most
important risk which
is included within the
whole project where
proper fund needs to
be managed in a
systematic manner. It
is because
requirement of
additional equipment
or raw material then
expectation may
create issue for the
business organisation.
This type of risk may
also occur because of
not performing the as
per the planned
schedule.
Moderate It may happen It is said that investors
of the project are
willing to execute
project in systematic
manner due to which
they have well planned
about the required
budget for the
construction of the
building.
Time scale of project: High It has a higher For the purpose of

It is necessary to
understand that
whenever any of the
project are being
conducted proper
time schedule must be
prepared for
performing the work
in a systematic
manner. It is needed
that all of the work
must be performed as
the per the
requirement of project
manager.
possibility. dealing with this
particular issue project
manager of
commercial building
construction, proper
plans has been
developed by the
management so that
each of the work can
be conducted in a
systematic manner.
Unrealistic
estimation of cost:
This are the cost
which are not
determined as the
initial phase of the
project.
Little It is doubtful As this project will
take longer time period
to complete and for the
purpose of dealing
with the issue, it will
be important for the
project manager
prepare proper
planning for the
project. This will allow
conduct project in a
specified manner.
Availability of project
team: This is not just
one of those project
Moderate. This can be possible. For the purpose of
dealing within this
respective issue, it will

which where only
construction work is
need as different
types of technology
will be included in it.
It means that proper
skilled and
knowledgeable team
is required by the
organisation for
attaining the goals.
Hiring the skilled
employees is the
major risk included in
it.
be important for
commercial building
constructing project
manager to check and
review the
performance of each
employees on a regular
basis so that
improvement can be
brought where ever it
is necessary.
Technical risk:
Among different
types of risk factor, it
will be among the
most difficult one
because it was already
discussed that whole
of this construction
will be based on latest
technology. There are
some of the chances
the problem might
occur within the
project.
High It can take place. In this respective
situation, it will be
necessary for the
project manager to
prepare budget
according to the
additional requirement
of technological
equipment so that
effective results can be
obtained.

Cost benefits analysis
It is among the important factor which the project manage as it certainly helps to analyse
about the intangible of the project (Young, 2016). This can certainly help the project manager of
to take additional benefit which is related to cost and through which different types of benefits
can be obtained.
Cost analysis
As it is one of the lengthy projects, which means that there is a requirement of allocating
the fund which is equals to £50000 as per the necessity of a project.
Cost Amount
Raw material £12000
Marketing cost £5000
Technological cost £15000
Research & Development £18000
Total £50000
In any of the project there are three different steps which must be considered by the
project manager. It is needed to understand that whenever any of this project is conduct there are
different steps which needs to be followed which has been discussed below in detail:
Identifying benefits: In present scenario, it is necessary to understand that whenever any
of the commercial building is constructed there are number of aspects which is considered. In the
similar manner, this particular building will have number of benefits as there will be number of
technologies which will be used such as advanced CCTV camera, face unlock gate system,
Emergency exit and many more (Boyle, 2017). This will certainly allow the organisation to feel
safe and secure to work. Even employees will not have any sort of tension at the time of
performing their duty. As building will be advanced and fall of latest technology which means
that there is higher probability to attract a greater number of corporations to establish their office.
Execute benefits: Once organisation is able to develop the plan and policy related to their
benefits, it will be necessary for project manager to execute the plan in effective manner. In order
to execute plan, project manager has discussed some of the points below:

 It will be important for the project manager to evaluate the project value chain because it
will allow them to identify about the progress of the project.
 Then, it is necessary that KPI must be used for the purpose of measuring the efficiency of
the project.
Sustain benefits: It is the final benefit where project manager needs to identify that how they
can work more effectively in similar type of project in future time period. Here, proper feedbacks
can be obtained by the management as it can easily allow them to accomplish the goals and
target of the entity (Kerzner, 2017).
Time scale
In current scenario, there are number of factors which is required to be analysed by the
project manager but the things which is quite crucial is that work must be divided into systematic
order so that goals and target can be accomplished. Looking at the requirement of the project,
different steps has been prepared and according to that steps will be conducted. In construction
work, initial phase will require 22 days. On the other side, process will be required around 40
days. In the execution period the time period which is required is 60 days. Talking about the
second phase, there will be the requirement of 25 days. For the purpose of controlling the whole
project there will be the requirement of 32 days and final the closure stage can be windup in
around 10 days. For detail information Gantt Chart and Work Break Down Structure has been
prepared below.
Work Break down structure: It is the crucial process within any of the project because it
certainly express that how work can be divided into number of segments. Dividing this task can
certainly allow the entity to accomplish goals and target on specific time period (Turner, 2017).
Gantt Chart: It is the graphical expression of the work where is divided on the basis of
time period to conduct any of the work. This chart says that work should be done according to
the schedule which has been prepared by the project manager.

Project execution challenges
It is never an easy task to conduct any of the work in a systematic manner because there are
lots of requirement of which must be fulfilled. But, at the time of performing the work there are
number of challenges which may come across in the project. In context of the project, it is there
are number of technical works which needs to be performed which means that major problem
can come within the technical section and also in the area of managing the staff who are involved
in the whole project (Borkovskaya, 2018). Below, there is a discussion about some of the major
challenges which has come across at the time of performing the work. Resource conflicts: There might be number of situation where available resources might
not be transferred as per the requirement. This particular scenario creates issue in
performing the work in a systematic manner and even it may increase the conflicts among
the employees. Ineffective communication which can lead to conflicts: There are some of the situation
in the project where some of the subordinates are unable to perform their work in a
systematic manner just because of the lack of communication. This can directly affect the
project in completing it on specific time period (LARSON and GRAY, 2018). Difficulty in decision-making: If in any of the situation, project manager should be able
to make effective decision for attaining the goals. But it is one of the challenging works
because there might be difficulties which may come across in taking suitable decision.
These are some of the major challenges which may come across the project manager while
conducting any of the project (Akkermans and et. al., 2020). Similarly, these are the main issue
which might create issue for the project manager at the time of constructing the commercial
building.
CONCLUSION
After analysing the whole report, it can be analysed that conducting any of the project is
not an easy task because there are number of responsibilities which must be fulfilled by the
project manager. Proper plans can be formed where work can be divided among the team
members because it can allow to bring favourable situation in the project.