Stand Alone Project-Chase Retail Complex

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Question Description

The Scenario. Chase Opportunity has selected you as the project manager to oversee their latest project – Chase Retail Complex. Chase’s vision is to build four (4) 10,000 square foot buildings (see concept drawing below). Within each building, suite sizes may vary per customer rental agreement (estimating five (5) 2,000 square foot areas per building). Chase has the funds to cover the total project costs and they have already purchased the land for construction. Chase wants to start construction January 2, 2007 and complete the project as soon as possible.

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The Scenario. Chase Opportunity has selected you as the project manager to oversee their latest project – Chase Retail Complex. Chase’s vision is to build four (4) 10,000 square foot buildings (see concept drawing below). Within each building, suite sizes may vary per customer rental agreement (estimating five (5) 2,000 square foot areas per building). Chase has the funds to cover the total project costs and they have already purchased the land for construction. Chase wants to start construction January 2, 2007 and complete the project as soon as possible. Building A Building B Building C Building D This project is comprised of seven (7) parts. Please read each part carefully to ensure that you submit all of the work. Your Stand-Alone Project responses should be both grammatically and mechanically correct, and formatted in the same fashion as the project itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your response and document in a bibliography using APA style. (A 10-page response plus associated Gantt charts and Excel spreadsheets is required.) Part A Develop a project life cycle analysis of the proposed project. Include and discuss at least two (2) tasks for each of the four (4) stages. Part B Develop a work breakdown structure (WBS) and a responsibility matrix like those found in your text. You may use MS Word or Excel to develop both of these charts. (A chart and matrix are required.) The following work activities should be included in your charts. Look them over and determine the best sequence in which they should be accomplished. Some activities (WBS Level 1) may be performed simultaneously whereas others may not. Using your personal knowledge and research, include at least two (2) sub-activities/sublevels (WBS Level 2) for each activity. Use each of the two (2) names listed under Support Responsibility as a “Primary” for one of your sub-activities/sub-levels and as “Support” for the other sub-activity/sub-level. The WBS and matrix for Activity “Roof” may look something like these examples. Cover Steve Wally Roof Structure Cover Wally Structure Steve Work Item Jack Jack Roof P S S S P S S S P Activity Roof HVAC Landscaping Paving Plumbing Grading and Site Prep Interior Structure Foundation Construction Exterior Structure Electrical Primary Responsibility Support Responsibility Jack Bill John Greg Max Sal Don Randy Bob Seth Steve, Wally Scott, Trevor Lynn, Beth Jeff, Pat Tyler, Damian Jim, Joe Keith, Andrea Mark, Mike Dan, Ken Neil, Roy Part C Prepare a WBS and Gantt Chart in MS Project using the information developed in Part B and the information given. Then explain how much time the overall project is going to take to complete as is. 1. It takes 30 days (standard 8-hour workdays, Monday through Friday) to complete each activity. 2. Construct the WBS and Gantt Chart (in Project) illustrating the construction of each building in sequence. For example, building “A” must be built (completed) before construction on building “B” is started, etc. DO NOT include the Level 2 tasks in your Gantt Chart created in Part B. Part D Incorporate the following information into your WBS from Part C. The project manager is paid $30/hour and each primary (P) worker is paid $25/hour while support (S) workers are paid $15/hour. 1. Determine the project’s total labor costs. Explain your results. Submit a copy of your Resource Sheet. 2. When developing the project cost plan, what things should be considered to estimate the total project costs? It may be helpful to contact actual contractors, construction companies, vendors, etc., for the tasks involved in this type of project. Part E In Part C, your WBS and Gantt Charts were based on each of the buildings being constructed one after the other. We know that building in this manner is a large waste of resources, namely people and time. Revise your original WBS and Gantt charts to reflect better use of your resources. In addition, submit a copy of your new Resource Sheet. Explain the changes you made, why you made them, and how these changes affect your overall project (i.e., costs, project duration, etc.). Part F Identify three (3) conflicts that may arise during this project. Then provide a solution to each conflict using Steps 1-7 of Gido and Clement’s Nine-Step Approach to Problem Solving. Part G Write a description explaining to Chase Opportunity what a successful project looks like. In other words, how will Chase know when you have achieved the common goal you set out to achieve? Describe three metrics, or measures, that you will use throughout the project life cycle. Explain how each metric relates to the project. ...
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Tutor Answer

EinsteintheProf
School: UIUC

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Stand Alone Project-Chase Retail Complex

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PART: A
The project manager and project team of any project have one shared objective: to hold out the
project work for the point of meeting the project's goals. Each project incorporates project
initiation, which is a center where all tasks (activities) are pushed through towards the project
toward fulfillment, where Stand Alone Project is a consummation (either no-hit or unsuccessful).
A standard project more often than not has the resulting four noteworthy stages: initiation,
planning, execution, and closure. Brought, these stages speak the trail a project takes from the
beginning to its completion and are regularly noted on the grounds as the project "life cycle."
Initiation
Amid the crucial stages of project life cycle, project initiation, also the project target or need is
recognized; this will be a business drawback or shot. Stand Alone Project starts in this phase.
Here the Stand Alone Project objective is set, that is, the Stand Alone Project top management
will decide and convey the decision to the entire stakeholders that the construction of buildings
will start as from 2nd January 2007. The project management team will then conduct a feasibility
study of all resources that are required and how to get these resources, the team will also discuss
the constraints, and if the project is feasible, then the team will move to the next step in project
management. This step will even beg for such questions as, should the Stand Alone Project of
constructing the buildings be carried on as discussed in this stage.
Once the directed answer is affirmed, a project is started to convey the endorsed response, and a
project manager is designated. The project sponsor and in this manner the partaking project team
are known, and hence the project team starts to required shape. The endorsement is then needed
by the project sponsor to move onto the watchful thinking of part.

Planning
The following part is wherever the project answer is created in the most extreme sum detail as
achievable and accordingly the means essential to fulfilling the project's objectives are arranged.
This phase will involve planning the task and resource allocation of the Stand Alone Project.
This stage will also include setting project objectives stating precisely what the company wants
to achieve that is, discussing into details the construction of 4 buildings. This is thoroughly
planned to know which building would be made first or simultaneously all buildings would be
made. All the necessary planning is done. Also, this phase will involve discussion of cost
estimates, that is, what should be the approximate cost that would be incurred, how to get the
machinery required for constructing the building and so on.
Once the project team has known their tasks, they will prepare a project schedule, and costs
estimates, the three essential parts through to the project completion. This is regularly a holy
time to spot, investigate and adjust something that may result in risks thereby blasting the
consummation of the project — this will to periodically eluded as risks management. In risks
management, high potential risks are closely monitored by the move that will be made on each
potential high-risk drawback, either by doing proportional back-check if the risk can happen or
downsizing the effect on the project on the off chance that it will happen. This is regularly
communicated to all project stakeholders so that a buildup correspondence can be orchestrated to
portray the information required and furthermore the conveyance of the management method of
curbing the risk.
Lastly, the project will be planned exceptionally well and is set up for completion (Journal of
Business Ethics).

Execution
In the execution segment, the project plan is put into action, and furthermore, the work of the
project is performed. It is essential to keep up management and impart as required all through
execution. Project advancement is relentlessly monitored and satisfactory changes made and
recorded as fluctuations from the underlying mastermind. In any project, a project manager
invests much of his/her effort amid this progression. At this phase, the tasks are implemented,
and control is taken for any deviation from the planned progress. Therefore, the construction of
the Stand Alone project starts in t...

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Anonymous
Thanks, good work

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