Pleasant View a Case Study
Title: Planning & Budgeting with Risk Week 8 Discussion Question – Case study - Pleasant View
Date: 20/01/2012
Case Study – Pleasant View
Background
Pleasant view project involves the design, erection and personalisation of individual dwellings based on land owned by Jim Staid of Staid and Son’s. This development of a Township will be called Pleasant View. Staid and Son’s has 35 years experience in the construction industry and has grown from what was once initially a 1 man firm run by Jim. After earning a good reputation in the local residential construction market Jim brought his 2 sons on board and the company now operates with its own crews in a matrix organisational structure, with 5 functional managers and 5 project managers.
The project is currently constructing its first property within the township; however the team has discovered new risks which will have an adverse effect on the project schedule. Additionally the project is currently running behind schedule and over budget.
There is also a request from the client to make changes to the layout and finishing of the rooms within the dwelling, the resources required to deliver the changes are not available from within the company, and the project sponsor has requested that the additional scope be included.
Measures and actions required to bring the project back on schedule and within budget
The project team should convene a meeting which should issue tasks and areas of responsibility to each team member to be responsible for sections of the Project Plans, they should conduct a full investigation into the current status of project, and individuals should make recommendations to the team to implement appropriate risk responses and process improvements. The team have discovered new risks that they were found by accident and not planned for. In order to ensure that there are no further surprises to be later discovered I’d recommend and full review of the Risk Management Plan to ensure
Date: 20/01/2012
Case Study – Pleasant View
Background
Pleasant view project involves the design, erection and personalisation of individual dwellings based on land owned by Jim Staid of Staid and Son’s. This development of a Township will be called Pleasant View. Staid and Son’s has 35 years experience in the construction industry and has grown from what was once initially a 1 man firm run by Jim. After earning a good reputation in the local residential construction market Jim brought his 2 sons on board and the company now operates with its own crews in a matrix organisational structure, with 5 functional managers and 5 project managers.
The project is currently constructing its first property within the township; however the team has discovered new risks which will have an adverse effect on the project schedule. Additionally the project is currently running behind schedule and over budget.
There is also a request from the client to make changes to the layout and finishing of the rooms within the dwelling, the resources required to deliver the changes are not available from within the company, and the project sponsor has requested that the additional scope be included.
Measures and actions required to bring the project back on schedule and within budget
The project team should convene a meeting which should issue tasks and areas of responsibility to each team member to be responsible for sections of the Project Plans, they should conduct a full investigation into the current status of project, and individuals should make recommendations to the team to implement appropriate risk responses and process improvements. The team have discovered new risks that they were found by accident and not planned for. In order to ensure that there are no further surprises to be later discovered I’d recommend and full review of the Risk Management Plan to ensure
References: PMBOK guide (2008): A guide to the project management book of knowledge (PMBOK Guide) – Forth edition, PMI Sanghera P, (2010) PMP in Depth; Project Management Professional Study Guide for the PMP Exam, USA, Course Technology Cengage Learning University of Liverpool (2009), Module 2 Planning & Budgeting with Risk, week 8, Lecture notes, Laureate on line Wysocki R, (2009) Effective Project Management Traditional Agile Extreme, 5th Edition, IN, Wiley