MGT5PMT Assessment 2: Project Schedule, Budget, and Resources

This project plan outlines the renovation of a Royale Pizza shop, covering schedule, budget, and resource management. The plan includes a Work Breakdown Structure (WBS), a detailed schedule with milestones and due dates, resource allocation, and cost estimations. It addresses the design, procurement, construction, and installation phases, with specific activities, precedence, durations, and resource assignments. The budget estimation incorporates direct and indirect costs, along with constraints and assumptions. The plan emphasizes the identification of potential resourcing stress points for the critical path and discusses the relative merits of selected project management tools and techniques, aligning with the requirements of MGT5PMT Assessment 2. The plan also includes a risk register to identify potential risks, their probabilities, impacts, and response strategies.

Schedule Plan
Milestons Due Dates
Milestone 1: Design phase completion
Milestone 2: Completion of procurement and delivery phase
Milestone 3:Completion of construction phase
Milestone 3:Completion of construction phase
28-03-19
23-05-19
20-06-19
15-08-19
WBS
ID
Activity
Description Precedence Duration
Estimate
Resource Cost
Estimate
(base on
budget
plan)
0 Royale Pizza shop 6 mons $40,000.00
1 | P a g e

renovation
1 Project design
phase
1 mon $5,000.00
1.1 Identification of
business needs
5 days Project management consultant $1,800.00
1.2 Proper design for
blueprint
2 13 days Designer $3,200.00
1.3 Providing
approval for the
project
3 2 days Sponsor $0.00
1.4 Milestone 1:
Design phase
completion
4 0 days $0.00
2 Procurement and
delivery phase
2 mons $18,000.00
2.1 Procurement need 5 10 days Contractor, Procurement manager $5,000.00
2 | P a g e

identification
2.2 Project suppliers
identification
7 9 days Procurement manager, Additional cost[1] $6,000.00
2.3 Understanding the
price of the materials
8 7 days Sponsor $0.00
2.4 Material purchase 9 9 days Procurement manager, Equipment
supply[1]
$5,000.00
2.5 Receipt and
inspection
10 5 days Construction manager, Shop supervisor $2,000.00
2.6 Milestone 2:
Completion of
procurement and
deliver phase
11 0 days $0.00
3 Construction
phase
1 mon $7,000.00
3.1 Finishing the 12 8 days Construction manager, Contractor, Project $3,000.00
3 | P a g e

flooring work manager
3.2 Compressor
capacity increment
14 4 days Installer, Construction manager $2,000.00
3.3 Proper cleaning
kitchen
15 5 days Cleaner, Construction manager $1,000.00
3.4 Buying of various
equipment’s
16 3 days Contractor, Project manager $1,000.00
3.5 Milestone
3:Completion of
construction phase
17 0 days $0.00
4 Painting or
installation
2 mons $10,000.00
4.1 Installation of air
condition
17 17 days Technical analyst, Installer $4,000.00
4.2 Dust free painting 20 23 days Installer $6,000.00
4.3 Milestone 4: 21 0 days $0.00
4 | P a g e

Completion of
painting and
installation
5 | P a g e