Project Management Report: Royale Pizza Renovation MGT5PMT

This project management report details the renovation of Royale Pizza, encompassing a comprehensive project schedule developed using a work breakdown structure (WBS), specifying activities and durations. It includes an estimated budget with resource allocations, detailing costs for design, procurement, construction, and installation phases. The report also addresses risk management, identifying potential risks such as schedule delays and budget overruns, along with mitigation strategies. Furthermore, the document provides a detailed breakdown of direct and indirect costs associated with the project, including labor, materials, and equipment. The project incorporates various project management tools and techniques, such as Gantt charts for scheduling and a risk register for managing potential issues. The project's successful completion is marked by key milestones including design completion, procurement, construction, and final project review and sign-off.

Running Head: PROJECT MANAGEMENT
Project Management: Renovation of Royale Pizza
Name of the Student
Name of the University

1PROJECT MANAGEMENT
Table of Contents
1. Project Schedule..........................................................................................................................2
2. Appropriate Budget and Resource Allocations...........................................................................7
3. Risk Management......................................................................................................................16
Bibliography..................................................................................................................................19

2PROJECT MANAGEMENT
1. Project Schedule
For developing the project schedule, a work breakdown structure (WBS) has been
developed. In this WBS, the activities are specified and then duration of each activity is set
manually and considering the predecessor links, the total duration of the project is automatically
determined.
WBS Task Name Duration Start Finish
Predecessor
s
0 Renovation for Royale Pizza 4.42 mons
Mon
4/29/19
Thu
8/29/19
1 Design 1 mon
Mon
4/29/19
Fri 5/24/19
1.1 Analysis 0.42 mons
Mon
4/29/19
Thu 5/9/19
1.1.1
Requirement Gathering and
Analysis
0.02 mons
Mon
4/29/19
Mon
4/29/19
1.1.2
Analyzing the Existing Design of
the Store
0.02 mons
Mon
4/29/19
Mon
4/29/19
3
1.1.3 Analyze the Current Floor Plan 0.32 mons
Mon
4/29/19
Wed
5/8/19
4

3PROJECT MANAGEMENT
1.1.4
Undertake Discussion Regarding
the Proposed Project
0.01 mons
Wed
5/8/19
Wed
5/8/19
5
1.1.5 Discuss Resources Required 0.05 mons
Wed
5/8/19
Thu 5/9/19 6
1.1.6
Milestone 1: Approach Technical
Manager Regarding the Proposed
Renovation Details
0 mons
Thu
5/9/19
Thu 5/9/19 7
1.2 Planning 0.08 mons
Thu
5/9/19
Fri 5/10/19
1.2.1 Define Scope 0.01 mons
Thu
5/9/19
Thu 5/9/19 8
1.2.2 Estimate Project Schedule 0.01 mons
Thu
5/9/19
Thu 5/9/19 10
1.2.3
Milestone 2: Proper Allocation of
Time to Activities
0 mons
Thu
5/9/19
Thu 5/9/19 11
1.2.4 Estimate Budget 0.02 mons
Thu
5/9/19
Fri 5/10/19 12
1.2.5 Finalise Project Charter 0.04 mons
Fri
5/10/19
Fri 5/10/19 13

4PROJECT MANAGEMENT
1.3 Renovation Design 0.5 mons
Mon
5/13/19
Fri 5/24/19
1.3.1 Hire Contractor 0.1 mons
Mon
5/13/19
Tue
5/14/19
14
1.3.2
Discuss Requirements of the
Project
0.1 mons
Wed
5/15/19
Thu
5/16/19
16
1.3.3 Prepare New Design of the Store 0.15 mons
Fri
5/17/19
Tue
5/21/19
17
1.3.4
Develop New Floor Plan with
Proposed Layout
0.15 mons
Wed
5/22/19
Fri 5/24/19 18
1.3.5 Milestone 3: Design Complete 0 mons
Fri
5/24/19
Fri 5/24/19 19
2 Procurement and Delivery 2 mons
Thu
5/9/19
Thu 7/4/19
2.1
Handover the List of Requirements
to the Procurement Department
0.5 mons
Thu
5/9/19
Thu
5/23/19
8
2.2
Place Order for the Required
Materials
0.5 mons
Thu
5/23/19
Thu 6/6/19 22
2.3 Delivery of the Materials 1 mon Thu Thu 7/4/19 23

5PROJECT MANAGEMENT
6/6/19
2.4
Milestone 4: All Resources
Procured
0 mons
Thu
7/4/19
Thu 7/4/19 24
3 Construction 1 mon
Thu
7/4/19
Thu 8/1/19
3.1
Preparation of the Store for
Construction
0.05 mons
Thu
7/4/19
Fri 7/5/19 20,24
3.2
Packing and Storage of Existing
Equipments
0.05 mons
Fri
7/5/19
Mon
7/8/19
27
3.3
Mark Important Spots like Water
Faucet, Electrical Plug and Circuit
Points
0.05 mons
Mon
7/8/19
Tue 7/9/19 28
3.4 Demolish the Stairs 0.5 mons
Tue
7/9/19
Tue
7/23/19
29
3.5 Set Up New Partitions 0.2 mons
Tue
7/23/19
Mon
7/29/19
30
3.6 Install New Equipments 0.05 mons
Mon
7/29/19
Tue
7/30/19
31
3.7 Install the Previous Equipments that 0.05 mons Tue Wed 32

6PROJECT MANAGEMENT
can be Used 7/30/19 7/31/19
3.8 Install Air Conditioning System 0.05 mons
Wed
7/31/19
Thu 8/1/19 33
3.9
Milestone 5: Completion of the
Construction Works
0 mons
Thu
8/1/19
Thu 8/1/19 34
4 Installation and Painting 2 mons
Thu
7/4/19
Thu
8/29/19
4.1
Installation of All Cooking
Equipments
0.2 mons
Thu
7/4/19
Wed
7/10/19
20,24
4.2
Installation of Dining Tables and
Chairs
0.4 mons
Wed
7/10/19
Mon
7/22/19
37
4.3 Interior Painting 0.5 mons
Mon
7/22/19
Mon
8/5/19
38
4.4 Exterior Painting 0.5 mons
Mon
8/5/19
Mon
8/19/19
39
4.5
Milestone 6: Completion of
Painting and Installation Works
0 mons
Mon
8/19/19
Mon
8/19/19
40
4.6 Review of the Project 0.2 mons
Mon
8/19/19
Fri 8/23/19 41

7PROJECT MANAGEMENT
4.7 Documentation 0.2 mons
Fri
8/23/19
Thu
8/29/19
42
4.8 Milestone 7: Sign Off 0 mons
Thu
8/29/19
Thu
8/29/19
43
2. Appropriate Budget and Resource Allocations
WBS Task Name Duration Resource Names Cost
0
Renovation for Royale
Pizza
4.42 mons $40,000
1 Design 1 mon $5,000
1.1 Analysis 0.42 mons $0
1.1.1
Requirement Gathering
and Analysis
0.02 mons Project Manager $0
1.1.2
Analyzing the Existing
Design of the Store
0.02 mons Project Manager $0
1.1.3
Analyze the Current
Floor Plan
0.32 mons Project Manager $0
1.1.4 Undertake Discussion 0.01 mons Project Manager $0

8PROJECT MANAGEMENT
Regarding the Proposed
Project
1.1.5
Discuss Resources
Required
0.05 mons Project Manager $0
1.1.6
Milestone 1: Approach
Technical Manager
Regarding the Proposed
Renovation Details
0 mons $0
1.2 Planning 0.08 mons $500
1.2.1 Define Scope 0.01 mons Project Manager $0
1.2.2
Estimate Project
Schedule
0.01 mons Project Manager $0
1.2.3
Milestone 2: Proper
Allocation of Time to
Activities
0 mons $0
1.2.4 Estimate Budget 0.02 mons Finance Manager $0
1.2.5 Finalise Project Charter 0.04 mons Finance Manager $500
1.3 Renovation Design 0.5 mons $4,500
1.3.1 Hire Contractor 0.1 mons Project Manager $2,500

9PROJECT MANAGEMENT
1.3.2
Discuss Requirements
of the Project
0.1 mons Project Manager $500
1.3.3
Prepare New Design of
the Store
0.15 mons Technical Manager $500
1.3.4
Develop New Floor
Plan with Proposed Layout
0.15 mons Technical Manager $1,000
1.3.5
Milestone 3: Design
Complete
0 mons $0
2
Procurement and
Delivery
2 mons $18,000
2.1
Handover the List of
Requirements to the
Procurement Department
0.5 mons Technical Manager $0
2.2
Place Order for the
Required Materials
0.5 mons Technical Manager $0
2.3 Delivery of the Materials 1 mon
Procurement Manager,
Installable Equipments[1]
$18,000
2.4 Milestone 4: All 0 mons $0

10PROJECT MANAGEMENT
Resources Procured
3 Construction 1 mon $7,000
3.1
Preparation of the Store
for Construction
0.05 mons Labour (Unskilled) $1,000
3.2
Packing and Storage of
Existing Equipments
0.05 mons Labour (Unskilled) $1,000
3.3
Mark Important Spots
like Water Faucet, Electrical
Plug and Circuit Points
0.05 mons Labour (Unskilled) $1,000
3.4 Demolish the Stairs 0.5 mons Labour (Skilled) $1,000
3.5 Set Up New Partitions 0.2 mons Labour (Skilled) $1,000
3.6 Install New Equipments 0.05 mons Labour (Skilled) $1,000
3.7
Install the Previous
Equipments that can be Used
0.05 mons Labour (Unskilled) $500
3.8
Install Air Conditioning
System
0.05 mons Labour (Skilled) $500
3.9
Milestone 5: Completion
of the Construction Works
0 mons $0

11PROJECT MANAGEMENT
4 Installation and Painting 2 mons $10,000
4.1
Installation of All
Cooking Equipments
0.2 mons Labour (Unskilled) $2,500
4.2
Installation of Dining
Tables and Chairs
0.4 mons Labour (Unskilled) $2,500
4.3 Interior Painting 0.5 mons Labour (Unskilled) $2,500
4.4 Exterior Painting 0.5 mons Labour (Skilled) $2,500
4.5
Milestone 6: Completion
of Painting and Installation
Works
0 mons $0
4.6 Review of the Project 0.2 mons Project Manager $0
4.7 Documentation 0.2 mons Technical Manager $0
4.8 Milestone 7: Sign Off 0 mons $0
The detailed analysis in the specific cost elements of the project is shown in the following
table.
WBS
Resource
Names
Direct Costs Indirect Costs Total
Estimate
Method Constraints /
Assumptions
1.2.5 Finance
Manager
$500 $0 $500 Bottom Up All elements
of the charter