Project Management Presentation

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Presentation made for my MBA course in Project Management on May 5, 2010. The assignment applied concepts learned in the course to an apartment renovation project. Although an actual project was used, the timeline, budget numbers, and potential problems were fictitious.

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Project Management Presentation

  1. 1. Blake Felson May 5, 2010 DS 856: Seminar in Project Management
  2. 2. <ul><li>72 unit luxury apartment building </li></ul><ul><li>Built in 1971 </li></ul><ul><li>Attracts high rents due to location and strong amenity package </li></ul><ul><li>Showing age and losing ability to compete with new high rise buildings in SOMA </li></ul>
  3. 3. <ul><li>Objective: To plan and renovate the building lobby and exterior façade in less than 10 months within a budget of $675,000.* </li></ul><ul><li>(*not actual numbers) </li></ul>
  4. 4. To complete the project on time and under budget To enhance the prestige of the property which will in turn raise rents and lower vacancy To not receive any Government citations or fines To keep noise and overall disruption at a minimum
  5. 6. Lobby Renovation Plan <ul><li>New mezzanine </li></ul><ul><li>window guard </li></ul><ul><li>New wall tile </li></ul><ul><li>New floor tile </li></ul><ul><li>New column </li></ul><ul><li>casing </li></ul><ul><li>New lighting </li></ul><ul><li>New furniture </li></ul>
  6. 8. <ul><li>Store front extended out </li></ul><ul><li>New entrance doors </li></ul><ul><li>New glass awning </li></ul><ul><li>New light fixtures </li></ul><ul><li>New paint </li></ul>
  7. 10. <ul><li>Preconstruction Activities (132 days) </li></ul>
  8. 11. <ul><li>Construction Activities (105 Days) </li></ul>
  9. 12. <ul><li>Post Construction Activities (16 Days) </li></ul>
  10. 13. Success Budget Client Acceptance Schedule Performance
  11. 14. <ul><li>Longest Activities </li></ul><ul><ul><li>Create Construction Drawings (30 days) </li></ul></ul><ul><ul><li>Construction Contractor Bid Solicitation (30 days) </li></ul></ul><ul><ul><li>Fabrication of Storefront (28 days) </li></ul></ul><ul><ul><li>Architect Bid Solicitation (20 days) </li></ul></ul><ul><ul><li>Fabrication of Glass Awning (20 days) </li></ul></ul>
  12. 15. <ul><li>Solutions </li></ul><ul><ul><li>Set Fabrications to begin upon approval of Construction Drawings, not upon Fire Dept. Permit Approval (speeds up project 15 days) </li></ul></ul><ul><ul><li>Crashing of Fabrication Activities </li></ul></ul>
  13. 16. <ul><ul><li>Mezzanine Window Guard </li></ul></ul><ul><ul><ul><li>Speed up by 7 days @ $1,200 per day </li></ul></ul></ul><ul><ul><ul><ul><li>Reject – preceding task (fire sprinklers) will be completed in time, installation not a predecessor to next task </li></ul></ul></ul></ul><ul><ul><li>Storefront </li></ul></ul><ul><ul><ul><li>Speed up by 3 days @ $1,150 per day </li></ul></ul></ul><ul><ul><ul><ul><li>Accept – Fabrication is precedent to Removal of Storefront, crashing allows installation to begin 3 days earlier </li></ul></ul></ul></ul><ul><ul><li>Glass Awning </li></ul></ul><ul><ul><ul><li>Speed up by 4 days @ $900 per day </li></ul></ul></ul><ul><ul><ul><ul><li>Reject – installation cannot begin until storefront is installed </li></ul></ul></ul></ul>
  14. 17. <ul><li>Project is ahead of Baseline Schedule </li></ul><ul><li>Crashing costs will be allocated from Budget Contingency Reserve </li></ul>

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