This document outlines a project plan to develop and implement a new hiring process for ACCO Brands Corporation. It discusses the purpose of ACCO Brands, which is to provide quality office equipment and products while respecting diversity, teamwork and the environment. The document expresses interest in the organization and proposes developing a new hiring process to improve employee engagement and quality. It discusses assessing the current process, creating job descriptions, developing interviews and applying technology to streamline hiring. The plan is to implement the new process over 6 months in four phases: assessment, design, implementation and evaluation.
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Project Plan Part 4Continue developing the comprehensive p.docx
1. Project Plan Part 4
Continue developing the comprehensive project proposal
outline.
Develop the strategies used to execute the project.
Include the following:
· Strategies for management of human, physical, and financial
resources, including the following:
· Temporary resources
· Permanent resources
· Work plan management (deliverables management)
· Quality assurance strategies
· Communication strategies
· Documentation management strategies
· Change request management strategies
· Contingency plans
Develop the strategies used to monitor the project.
Address the following when developing your monitoring
strategy:
· Schedule
· Budget
· Critical path
· Resource levels
· Change requests
· Scope creep
1
2. 2
Human Right Campaign (HRC)
Organization Project Proposal Plan
Human Right Campaign (HRC)
The organization that I have chosen for this project proposal is
a non-profit organization based in America known as the Human
Right Campaign (HRC
). The organization operate
in the entire United States and it was founded by Steve Endean
in early 1980 as the first ever organization that advocated for
lesbian and gay rights in the United States.
Purpose for the Organization’s Existence
The organization that I have chosen for this project proposal is
a non-profit organization based in America known as the Human
Right Campaign (HRC). The
organization represents a force of 1.5 million members and
supporters nationwide campaign. It is the largest national
lesbian, gay, bisexual, transgender and queer civil rights
organization, HRC is aimed at creating a world where LGBTQ
people are ensured of their basic equal rights, and can be open,
honest and safe at home, at work and in the community and it
has its headquarters in New York City. This organization is
committed to ensuring that all people rights are respected and
are allowed to participate in national issues irrespective of their
sexual orientation. The organization’s vision is to accept
diversity, teamwork and also to respect each other. It is one of
the organizations that have been acknowledged for their efforts
to create a conducive environment for people with different
sexual orientation at their place of work and in the global
society. The organization is not just aimed at provide and
protecting human rights but is also engaged in environmental
conservation as it conduct its awareness campaigns through
environmental conservation platforms. The purpose of the
3. organizations existence is not only to protect the rights of
people with different sexual orientation but also to conserve
environment and this is why it is regarded as a responsible and
environmental conscious company.
Organization of Interest
Through the years, I
have developed interest of working with an organization that
care for the rights of other people throughout America and this
was one of the motivation that pushed me to pick on the human
rights campaign organization. The company fall within what I
see as a true human rights organization despite the fact that it
confines its activities with particular realms of human right and
this is the reason I have to do a project n the company. Working
on a project on the organization will give me an opportunity to
explore the organization deeply and get a better understanding
of it organization and activities. I have encountered several
people who talked positively about the organization and this
gave more interest in the organization as I intent to know how it
performs and it achievements so far. Several studies have shown
that a successful organization must consider the interests of its
employees and provide the best services to its target group
(Ismail Al-Alawi et al., 2007). It is my thinking that HRC does
these and that is why it is regarded as one of the most
successful human rights organization in the U.S. At the heart of
my interest in the organization is given the fact that the
organization work with the society to ensure that the rights of
all people are respected. As if this is not enough, the company
also work to ensure that environment is conserved at all cost not
forgetting that it provide employment to several people in
America most of them being youths.
Project and its Relationship to the Organization’s Objectives
In this project proposal for my organization of interest HRC is
to construct a new organizational office in Philadelphia which
4. will provide services to people in Delaware County. The major
function of this organization is to provide services to the people
irrespective of where they are in the society. This is important
as most of the people who suffer human rights violations are in
the periphery of the large urban centers and constructing an
office for the organization in Delaware will significantly help to
ensure that the victims in the region are served timely and
effectively. It is because of this that I am of the opinion that
building a new office at Delaware is an informed decision. The
project proposal is relevant to the organizations objectives of
ensuring that all people with varied sexual orientation are
protected against human rights violation and because of this,
they have to have their presence near the potential victims.
Approved Project Proposal Plan
The project that will be implemented in this proposal is to build
new organization office in
Delaware which will help the organization to bring services to
the potential victims which is central to organizational best
practices that will lead to success. The building will have as
many offices that will include counseling, reporting, legal and
organization management office.
Project Managements
Project management is one of the factors that determine the
success completion of the project. The methodology used to
manage the project must be effective as it should be able to
identify project risks before they occur and stall the project
implementation. It is important that projects are implemented by
construction professional so that it can be termed success at the
end of the project implementation. Project management
methodology is the model that project managers use to design,
plan implement and achieve the project goals (Kim & Park,
2006). This project will use Lean Construction Management
methodology
5. as this will allow the project managers to asses and evaluate the
success of the project from time to time. The project will
implemented in stages and this will provide the best resources
for the project successful completion. The project will utilize
research as the main tool to understand the scope of the project.
It is also important to seek consultation from project experts so
as to understand any construction project. This project will be
done in four phases that will include, project designing,
planning, implementation and finally completion.
Project Scope and Scheduling
Understanding project scope is important as it provide the
required data to estimate the project cost and time required to
complete the project (Atkinson et al.,
2006). The scope
is also important as it provide the project planners and
designers with the information regarding the activities that will
be involved in the project and the requirements to complete the
project successfully. This project will require both financial and
human resources so as to complete it to the last part of the
project. The project will require a lot of labor force given that it
is to be implemented in the shortest time possible (Herroelen et
al., 2009
). The project will require construction materials from the
project implementation. It will also require human capital and
skills which will be vital during planning and designing stages
of the project. The project will be done in the way that it fits
the requirement of an office and therefore, high levels of skilled
manpower will be required.
As earlier discussed, the new office will be constructed to
provide services closer to the people. The activities that will be
included in the project include offices, recreation facilities and
multiple offices that will be used for different purposes
including reporting, counseling, provision of legal advice
among other activities that the organization may deem fit to be
carried out at the office (Herroelen et al., 2009). The primary
6. activities of the project will take at most
two months each activity taking not more than nine hours in a
single day. The activities will be done on a daily basis including
weekends.
This project will be developed in one year since it is required to
be successful at the end. The project will begin with
consultation and project evaluation which will be done in one
month. This stage is important as it will identify the best place
where the office will be built. The second stage will be project
design and planning for project implementation (Herroelen et
al., 2009). This stage will take two month as it will require wide
consultation to come up with the best design and plan for the
building. Project implementation which is largely project
construction will take eight months as this is the most crucial
stage that is labor intensive and requires step by step
implementation so that the project is successful. The project
will be done by construction companies which will itself collect
data as far as the project implementation is concerned. This is
important so that the organization can focus on its activities as
the project is implemented.
References
Atkinson, R., Crawford, L., & Ward, S. (2006). Fundamental
uncertainties in projects and the scope of project management.
International journal of project management, 24(8), 687-698.
Herroelen, W., Demeulemeester, E., & De Reyck, B. (2009). A
classification scheme for project scheduling. In Project
scheduling (pp. 1-26). Springer US.
Ismail Al-Alawi, A., Yousif Al-Marzooqi, N., & Fraidoon
Mohammed, Y. (2007). Organizational culture and knowledge
sharing: critical success factors. Journal of knowledge
management, 11(2), 22-42.
7. Kim, D., & Park, H. S. (2006). Innovative construction
management method: Assessment of lean construction
implementation. KSCE journal of Civil Engineering, 10(6), 381-
388.
Grading Guide
Content
60 Percent
Points Available
6
Points Earned
X/6
Additional Comments:
· All key elements of the assignment are covered in a
substantive way.
· Describes methodology used to manage the project
· Justifies the creation of project scope by providing resources
found
· Outlines proposed project phases
· Scope is clear and includes the following:
· Requirements for the project
· Definition of project activities
· Schedule has been planned out appropriately and includes the
following:
· Primary activity duration estimate
8. · Sequences the primary activities
· Work Breakdown Structure has been developed and tasks are
defined
· Human resource requirements
· Other resources required for the project
6
5
I’m not sure why you changed the project and the organization
from what was approved in Week 1. You are to use what was
approved for all remaining individual assignments. You will
need to focus on developing and implementing a new hiring
process for ACCO Brands Corporation. Have you taken this
course before? Is this your original work? I’m trying to figure
out how there could be such a jump in the topic.
I would encourage you to review this week’s reading as well. I
believe the Lewis method may help you to better understand the
phases that may be involved.
When addressing the scope, this entails more than simply what
you hope to accomplish. You need to include cost and schedule
parameters as well.
While you are on the right track with much of what was done in
the MS Project file, you need to focus on your approved project.
Might you be able to create something similar? The WBS is
going to serve as the foundation that you need to build the
schedule. Then, this is going to be helpful when you go to look
at costs later in the term. I believe you could provide more
information in your schedule specific to your project. We need
to be able to see how any slip in one activity can impact the rest
of the schedule. You need to ensure the information rolls up
correctly.
9. Organization / Development
20 Percent
Points Available
2
Points Earned
X/2
Additional Comments:
· Paragraph transitions are present, logical, and maintain the
flow throughout the paper.
· The tone is appropriate to the content and assignment.
· Sentences are complete, clear, and concise.
· Sentences are well constructed, strong, and varied.
· Sentence transitions are present and maintain the flow of
thought.
2
1.75
This document could use a bit of improvement relative to
organization. In the future, an introductory paragraph should be
used to introduce the reader to the task/scenario. What do you
intend to present in the paragraphs that follow? The rubric I
post each week should help you to identify the pertinent areas to
be addressed with headings as well. I would encourage you to
use a conclusion paragraph to summarize the information
presented. After all, you wouldn’t want to leave the reader
“hanging” or wondering if there might be more.
Mechanics
20 Percent
Points Available
2
Points Earned
X/2
Additional Comments:
10. · The paper—including tables and graphs, headings, title page,
and reference page—is consistent with APA formatting
guidelines and meets course-level requirements.
· Intellectual property is recognized with in-text citations and a
reference page.
· Rules of grammar, usage, and punctuation are followed.
· Spelling is correct.
2
1.5
You may want to review APA guidelines relative to references,
citations, and headings. With all submissions being required in
this format, understanding the requirements is crucial.
Total Available
Total Earned
10
8.25
I would encourage you to review the comments I have included
within the body of your document. I believe this is going to
provide you with additional insight and help to clarify your
focus in the coming weeks. If this were an actual project and
you had no background on it, would you be comfortable in
assuming this responsibility with the information given? Would
you not want even more? You can do this!
�The title is NOT to be in bold per APA guidelines.
�I believe you actually identified ACCO Brands Corporation in
your Week 1 proposal. Did I miss something? You need to
maintain focus on the same organization and approved project at
this point.
11. �…operates
Proper grammar is to be used throughout.
�What do you intend to present in the paragraphs that follow.
�Each key topic should be identified using a level one heading.
A level one heading is to be centered, use upper- and lower-case
letters, and appear in bold.
�Please focus on what was approved for the remaining
individual assignments.
�Modifications are needed to bring this heading into
accordance with APA guidelines.
�You do not need to repeat information from the earlier weeks.
You need to focus on the requirements for this assignment as
shown in the instructions and grading rubric.
�Writing in the first person is discouraged. Writing in the third
person is preferred. APA guidelines apply.
�I believe your project is to develop and implement a new
hiring process. Please review what you submitted in Week 1. I
do not permit people to change topics once the approval is in
place.
12. �Do you recall reading about the Lewis method in this week’s
reading? Might you want to consider how it might apply?
�With there being three authors for this work, all should be
identified here. You may want to review APA guidelines.
�When identifying the scope, you also need to consider cost
and schedule parameters. Perhaps you want to do XXX with a
schedule of XXX at a cost not to exceed XXX.
�What are you paraphrasing from this reference? This is to be
your work, so I am a bit confused. APA guidelines apply on all
work as well.
�All topics from the instructions and grading rubric are to be
addressed in your MS Word document. The MS Project file
only helps to clarify the points made here. Further explanation
is needed specific to your schedule and WBS. How would you
explain it to someone?
�A conclusion paragraph should be used to summarize the
information presented.
�Were the assigned readings of any value?
�Additional information is needed to bring this into accordance
with APA guidelines.
13. 1
9
Organization and Project Plan Template Proposal
Organization and Project Plan Template Proposal
Purpose for the Organization’s Existence
The organization that I have chosen for the study is ACCO
Brands Corp. ACCO Brands Corp is a manufacturer of office
equipment with its headquarters in Lake Zurich, Illinois. The
organization offers a wide range of services such as binding and
lamination, boards and easels, laptop physical security,
notebook, planning products and presentation and storage
(Camm, 2017). The common and leading brands and products
offered by the company are; Day-Timer®, Five Star®, GBC®,
Hilroy®, Kensington®, Marbig, Mead® among others. This
organization is committed to ensuring that their customers are
all satisfied with the products that they offer to them. The
organization’s vision is to accept diversity, teamwork and also
to respect each other. It is one of the organizations that have
been recognized as a company that cares for its employees as
well as the customers. In addition to that, it has shown how it is
responsible to the environment since it has done a lot to ensure
that they reduce any environmental impact. Therefore, this
clearly shows what the purpose of the organization is. It is to
ensure that they provide the best products and render the best
services to the customers and also to promote environmental
sustainability.
Organization of Interest
14. Through the years, I have been having the interest to know more
about ACCO Brands Corp and that is why I have decided to do a
project proposal about it. It will help me in researching more
about it. I once had a friend who used to work there and based
on the information that he used to tell me, I gained an interest
to know about its performance, how it relates to the customers
and also to know the probability of the company. For an
organization to be successful and to produce products of good
quality, it should engage its employees and ensure that they feel
comfortable and receive some benefit. Good treatment of
employees increases the productivity of the company.
Most importantly, ACCO Brands Corp is a company that
produces office equipment that is used in many organizations
that have offices. Therefore, the products offered by the
company affect most people in the society. This implies that
there is need to analysis the company through the project
proposal so as to understand how it runs its day to day
operations before the products reach in the offices.
Project and its Relationship to the Organization’s Objectives
In this project, the topic that I will deal with is the
implementation of a new hiring process.
One of the objectives of the organization is to ensure that they
provide high-quality products. Basically, a hiring process is
important because it has a great impact on the company’s
production and performance values. Therefore, I think that
ACCO Brands Corp should implement a new hiring process to
ensure that they meet their objectives easily and prevent further
costs that may be as a result of bad hiring.
The organization’s current selection and hiring process need to
be improved so as to avoid hiring an employee who is not
competent. The integrity test that helps in assessing the
15. personality of an applicant can be easily manipulated. Based on
the research that has been done in the past, it was noted that the
integrity questions are easy to cheat on (Bullard, 2003)). Of
course, an employer will choose an applicant who scored the
higher scores than an applicant who scored less. When I look at
it in the other perspective, something seems amiss. This is
because; the participant who scored higher than the others may
have cheated on by filling wrong answers so as to get that
position.
ACCO Brands Corp automated its hiring process with iCIMS
talent acquisition software. As much as it sounds better and the
use of advanced technology, an applicant may manipulate the
answers since the process is automated. Therefore, I think that
ACCO Brands Corp should implement a new hiring process that
will help in doing away with the manipulation of answers and
other related problems. There are many consequences of bad
hire which in most cases have a great impact on the
organization. Job applicants may provide great information and
perform brilliantly in their test but maybe they are not the right
person to fit for the position. Therefore, this means that
sometimes, bad hire may just be unavoidable. iCIMS talent
acquisition software may sometimes need an upgrade which
makes it face some integration issues hence makes it hard for
use (Guffey, & Loewy, 2014). When this happens, it may be
frustrating. Therefore, I think that ACCO Brands Corp should
implement new hiring process.
The use of iCIMS for hiring can make the company face a
decrease in applications. This is because the job postings may
not be cross-posted to job boards. ACCO Brands Corp being one
of the largest suppliers of its products should choose employees
who have skills in that particular field so as to continue
producing better products with high quality.
The hiring process is a great determinant of the productivity of
a company (Bullard, 2003). Therefore, there is a need for ACCO
16. Brands Corp to implement the new hiring process so as to
ensure that they get competent employees who are able to
utilize the available resources to improve the productivity of the
company. ACCO Brands Corp is a company that has great
potential in becoming a leading company in the office products.
This is mainly because it has products that are known by many
consumers. The company recorded 26.44 % in the earnings
growth as at September in the year 2017 compared to 12.01%
which was recorded in the year 2016. This shows that the
company has much potential in growing.
However, its existing hiring process is not fully effective and
therefore, reaching the best candidates in the recruitment
process becomes difficult. In addition, the iCIMS hiring
approach used by the company could be lowering staff morale.
A bad hire is likely to cause a negative attitude towards work
(Guffey, & Loewy, 2014). This may easily lead to potentially
affect employees from working in the organization for a long
time. Holding talented employees for a long time in an
organization is very important because it enables an
organization to fully know understand about these employees.
Therefore, the organization can put the employees under
working conditions which fit with these employees and
therefore improving productivity becomes easy.
In addition, ACCO Brands Corporation needs to implement an
effective hiring process.
The use of iCIMS is more expensive because there are monetary
costs incurred when the company losses an employee especially
the talented employees. Therefore, the company must spend
more in getting other employees which reduce its profitability.
ACCO Brands Corporation has been using e-recruitment
(iCIMS) for a long time and therefore it’s important for the
organization to try implementing a new recruitment process.
This will help to reduce monetary costs and also improve its
productivity by reaching the most competent employees.
17. Therefore, the project will help the organization in improving
the quality of the products of offers and hence increasing its
productivity.
In 2016, ACCO Brands Corp recorded a revenue increase of
3.09%. The office equipment industry has been growing for the
past years at a higher level. Therefore, due to this, ACCO
Brands Corp should have recorded a higher increase in the
revenue. However, the
company is not able to express its full potential because its
employees are not able to fully improve the productivity.
Implementing a new hiring process is a good measure towards
increasing the revenue recorded by the company.
References
Bullard, S. (2003). Recruiting Strategies for the New
Millennium: A Corporate Guide to Building and Improving
Your Company's Recruiting Process. iUniverse.
Camm, J. (2017). Essentials of business analytics. Boston, MA:
Cengage Learning.
Guffey, M. & Loewy, D. (2014). Business communication :
process & product. Australia: South-Western.
Wolters
. (2016). Directory of corporate counsel 2016 - 2017. S.l:
Wolters
Kluwer Law & Bus.
Grading Guide
Content
60 Percent
Points Available
3
18. Points Earned
X/3
Additional Comments:
· All key elements of the assignment are covered in a
substantive way.
· Identifies an organization that can be used to build a project
plan for.
· Identifies a need for chosen organization that can be
developed into a project plan.
· A project plan template is chosen that aligns with the
organization and the organizational need for the project plan
· Justification of project plan, chosen organization, and project
plan template, which includes the following:
· The organization’s name
· The purpose for this organization’s existence
· Why this organization is of interest
· A description of the project and its relationship to the
organization’s business objectives
· A description of the availability of organizational data
3
2.75
I think you have a great idea in developing and implementing a
new hiring process for ACCO Brands Corporation.
In looking over the material, the one area that I would have
liked to know more about is the organizational data readily
19. available. If there are web sites that you will be using, I was
looking for them to be clearly identified as well as the types of
organizational data you would find. After all, I want the
research to be done as opposed to me doing to research to find
out for myself.
I did not see where you included a project management plan
template. I have no problem with you using the template as
suggested in class. Just remember, the template is ONLY going
to serve as a guide as to the types of information you might find
in various sections. This is why I made the suggestion in class
that I did. You are not going to actually populate this template,
but you will complete several sections in preparing your own
project plan. All documents for this class are to be in APA
format.
Organization / Development
20 Percent
Points Available
1
Points Earned
X/1
Additional Comments:
· Paragraph transitions are present, logical, and maintain the
flow throughout the paper.
· The tone is appropriate to the content and assignment.
· Sentences are complete, clear, and concise.
· Sentences are well constructed, strong, and varied.
· Sentence transitions are present and maintain the flow of
thought.
1
.75
20. Each document should begin with an introduction and end with
a conclusion. The introductory paragraph should explain the
task/scenario. What are you about to present? Headings are to
be used to clearly identify each key topic area. The conclusion
paragraph should summarize the information presented.
Mechanics
20 Percent
Points Available
1
Points Earned
X/1
Additional Comments:
· The paper—including tables and graphs, headings, title page,
and reference page—is consistent with APA formatting
guidelines and meets course-level requirements.
· Intellectual property is recognized with in-text citations and a
reference page.
· Rules of grammar, usage, and punctuation are followed.
· Spelling is correct.
1
.75
I would encourage you to review APA guidelines as they apply
to references and citations.
Total Available
Total Earned
-.5
Due to this submission being made after the deadline, a 10%
late penalty was applied as discussed in the Instructor Policies
21. document.
5
3.75
I would encourage you to also take a look at the comments I
have included within the body of your document. Your topic is
approved. Keep up the good work!
�After the title, you are to begin with an introductory
paragraph. What do you intend to present in the paragraphs that
follow?
�Moving forward, you will need to focus on what is needed to
develop and implement this new hiring process as opposed to
what would occur after the process is in place. This is
something that many students struggle to accomplish.
�You have made your case. I’m going to be interested in what
you would do to create a new process.
�This has been repeated too often.
�What organizational data is available? Where is it located?
�A conclusion paragraph should be used to summarize the
information presented.
�You need to use the centering function in MS Word instead of
trying to use tabs and spaces.
22. �Additional information is needed to bring this reference into
accordance with APA guidelines.
�What is the author’s first initial?
�The city/state is needed before the publisher when creating a
reference per APA guidelines and adhering to APA format.
�For each reference listed, there needs to be at least one in-text
citation.
1
2
Human Right Campaign (HRC)
Organization Project Proposal Plan Part 2
23. Project budget Comment by Carol: Have you reviewed my
earlier comments? You are to begin with the title as it appears
on the cover page. The title is not to be in bold per APA
guidelines. Then, you are to proceed with an introductory
paragraph. What do you intend to present? You would also
need to identify your specific project so the reader would
understand how you are applying the various topics to your
project.
The project budget is an extensive estimate of all the total
financial cost required to complete a particular project. This
budget is inclusive of cost of materials, labor costs, operational
cost and any bother direct cost that is involved in the project at
hand. The main aim of a project budget is to provide the
sponsor with the correct anticipated cost to complete the project
(Diab, Varma & Panthi, 2017). The project budget also enables
to track if the financial success of the project. Project manager,
sponsors, and the project team are the people greatly involved
in the project begetting. In this case, the project that will be
implemented in this proposal is to build new organization office
in Delaware which will help the organization to bring services
to the potential victims which are central to organizational best
practices that will lead to success. Comment by Carol: I am
looking for you to distinguish between a labor and a capital
budget. I’ll read on to find out more. Comment by Carol:
The same font and font size should be used throughout.
Comment by Carol: Enables who or what to track? Proper
grammar is to be used throughout. Comment by Carol: The
project manager… Comment by Carol: ?? Comment by
Carol: No. You are to use the project topic that was approved
in Week 1. You are to focus on developing and implementing a
new hiring process.
The building will have as many offices that will include
counseling, reporting, legal and organization management
office. Construction of that kind of an office requires extensive
24. research before the projects start to ensure that the financial
resources used are not wasted at the end. The construction of
this office which is estimated to hold about four departments to
ensure the clients in Delaware community enjoy the service of
HRC is estimated to cost over $130 per square foot. The office
is estimated to occupy a two-story building with a total of
100000 squares foot. Therefore the total cost estimated for this
project is close to $13,000,000.this cost if inclusive of the
construction material, subcontractors, architectures, civil
engineers, mechanical engineers, excavators, furniture’s,
government regulations among others. In this project proposal
for my organization of interest, HRC is to construct a new
organizational office in Philadelphia which will provide
services to people in Delaware County we decided to use the
available resource of our subcontractor by the name Premium
Quality Construction located in Philadelphia. By choosing this
company was to get a 5% discount on the total estimated cost of
the project. Comment by Carol: You are not permitted to
change project topics at this point. You will want to focus your
individual assignments on what was approved.Comment by
Carol: How did you arrive at this cost? I did not see a MS
Project file included with your submission.
Labor budget of the project Comment by Carol: Each key
word in a level one heading is to begin with a capital letter per
APA guidelines.
This is the number of labor hours required to complete a
project. Labor cost management defines a project, forecasting,
budgeting and managing other cost is easy, but when it comes to
labor, it’s what makes the project succeed better work force will
eventually result to a successful project (Epstein & Shapiro,
2017). On the other hand, poorly motivated and underproductive
workforce will make the project fail. Regarding that the longer
the crew works, the higher the costs and therefore effort should
be done in reducing the working hours to avoid excess use of
finances. With the help of the project manager and a team of the
project management, we came up with the estimated cost for
25. this office construction project. Comment by Carol: What is
the number of hours? The number of hours is only one variable
used to calculate the labor budget.
Unit pricing from estimate (materials and labor) = $40,000.
Comment by Carol: I need for you to clearly identify who
is completing each activity in your schedule (which was to be
started last week). Then, you would need to explain the
calculations performed to arrive at these numbers.
Material costs from vendor quote = $15,000 Comment by
Carol: If material costs are here, then why are they also
included in your capital budget? Further clarification is needed.
Labor budget = (Unit pricing – Materials) = $34,000
Average burdened labor rate = $20/hour
Labor hours = $34,000/$20 = 1300 hours.
Capital budget
This is the process of allocating finances to the various areas as
required to complete the project. In this project, we allocated
funds to the construction of the project as follow; Comment by
Carol: There is a bit more to distinguishing between a capital
and a labor budget. Might you elaborate?
Construction material $2450000
Furniture’s $260000
Architects $100000
Government certification $8000000
Engineers $7000000
Excavators $2300000
Total costs $13000000
Scope and schedule of the project labor and capital
Understanding project labor and capital scope are important as
it provides the required data to estimate the project cost and
time required to complete the project. The scope is also
important as it provides the project planners and designers with
the information regarding the activities that will be involved in
the project and the requirements to complete the project
successfully. This office construction project was planned to
take the shortest time possible so that victims can access the
26. services as soon as possible.
A lot of labor and material are required for the successful
completion of the project but still to complete it is limited. It
will also require human capital and skills which will be vital
during the planning and design stages of the project. The project
will be done in the way that it fits the requirement of an office
and therefore, high levels of skilled manpower will be required.
With this consideration with hired a time manager who designed
the best time frame to complete this project. This project will be
developed in one year since it is required to be successful at the
end. The project will begin with consultation and project
evaluation which will be done in one month. This stage is
important as it will identify the best place where the office will
be built. The second stage will be project design and planning
for project implementation.is was assumed that in that one year
only the estimated budget of $130,000,000 would be used with
no other cost though we had a contingency plan in place in case
of any eventualities.
Risk management plan
In any project management, there must be anticipations that
something may go wrong and this makes a project successful.
Solid project risk management practices should be taken to
deliver the project in the stipulated timeframe (Klakegg, 2016).
Proactive risk management allows a project manager to optimize
project results by implementing proven tools to plan for both
threats and opportunities. For this project, we came up with a
risk management plan which included the following steps.
Comment by Carol: …wrong, and
Run-on sentences can be corrected with the appropriate use of
punctuation or by creating multiple smaller sentences.
Comment by Carol: Writing in the first person is
discouraged. Writing in the third person is preferred. APA
guidelines apply.
Identify risk and consequences: we formed groups and discussed
the potential risk that may arise in the course of the project
implementation. We also pointed out if the risk could affect the
27. schedule and resourcing of constructing the office. Comment by
Carol: What are some specific risks associated with developing
and implementing a new hiring process for ACCO Brands?
The probability of the risk was occurring: we were able to
assess the percentage in risks occurring that would affect the
office construction.
Impact of the risk: we discussed the potential impact if any risk
occurred during the project implementation and we noted the
possible scale since the office construction was a large project
and a lot of resources were involved compared to other smaller
projects.
Prioritizing the risk for mitigation: After identifying the
potential risks, we planned for mitigation depending on the
severity to the office construction project in case it occurred
during the one year of the project process.
Mitigation of the risk: we came up with the steps of eliminating
the risk. We put aside about $2000000 to cater for any
budgetary allocation that may necessitate addition during the
implementation. For example, the price of construction material
may rise due to dollar pressure.
Internal and external risks and their respective contingency
budget plans
Internal risks are the risks that are faced by any company based
on its internal organization occurring from its day today’s
operations. These risks can be avoided by having better
management in the company (Nicholas & Steyn, 2017. In our
office construction project example of an internal risk, we
identified was that some of the internal project managers were
not competent in the construction industry to oversee this big
project. We then came up with extra $25000 contingency fund
to hire a new project manager to assist in the project
management. Comment by Carol: What is the risk? Do you
know the difference between a risk and a risk factor? A risk is
what might happen.
External risks: this is the risks that face an organization, but
they are beyond their control. In our project, we discovered one
28. external risk which was the current political stalemate that made
the dollar weaken. This could directly affect the cost of office
construction materials making the price to rise. In response to
these risks, we developed a contingency budget plan of setting
aside $1200, 000 to supplement the estimated budget in case of
such occurrences. Comment by Carol: How did you arrive at
this number?
Reference Comment by Carol: Were our assigned readings of
any value?
Diab, M. F., Varma, A., & Panthi, K. (2017). Modeling the
Construction Risk Ratings to Estimate the Contingency in
Highway Projects. Journal of Construction Engineering and
Management, 143(8), 04017041. Comment by Carol: This is
not in accordance with APA guidelines.
Epstein, B., & Shapiro, A. F. (2017). Employment and firm
heterogeneity, capital allocation, and countercyclical labor
market policies. Journal of Development Economics, 127, 25-
41. Comment by Carol: You may want to review APA
guidelines as they apply to references.
Klakegg, O. J. (2016). Project Risk Management: Challenge
Established Practice. Comment by Carol: Additional
information is needed to bring this into accordance with APA
guidleines.
Nicholas, J. M., & Steyn, H. (2017). Project management for
engineering, business and technology. Taylor & Francis.
Grading Guide
Content
29. 60 Percent
Points Available
6
Points Earned
X/6
Additional Comments:
1. All key elements of the assignment are covered in a
substantive way.
0. The budget includes the following:
· Resources available
· Labor budget
· Capital budget
0. The budget aligns with the project’s scope and schedule
0. The risk management plan is complete, while identifying
internal and external risks.
0. Risk management plan addresses contingency plans and
budget adjustments relevant to risks identified
6
4.75
You are not to change project topics from what was approved in
Week 1. I believe you initially talked about developing and
implementing a new hiring process. I expect to see that project
being used as a basis for the completion of your Weeks 1-4
Individual Assignments. You need to be able to apply what you
are learning in the assigned reading to this project.
While you may have a clear understanding of what is required
for a budget, I didn’t see it being reflected in this work.
Further clarification is needed. For instance, how do you
distinguish between a labor and a capital budget? Even if one
understands how to calculate labor costs, this needs to “marry”
with the many activities in the schedule (submitted last week).
Each activity should have an associated cost. I noticed you
including material costs under both the labor and the capital
budgets. I did not see where a schedule was included. Without
knowing the costs for each activity, how did you arrive at the
30. numbers you did?
By looking at the costs as they relate to each activity, I believe
we get a more clear and accurate picture. In putting together
your schedule, you would want to ensure you didn’t have the
overlap over resources as time may be a constraint. People
typically will only work 40 hours per week. If you have one
person assigned to work on multiple activities which would
require more than 40 hours per week for that one person, it
could pose a problem.
I did not see where you truly addressed risks for a project. I
want to see specifics. Do you understand the difference
between a risk and a risk factor? Sometimes we plan to avoid a
risk, but it could occur despite our best planning. If any risks
were to occur on your project, what impact would it have to
your budget? Again, we would likely want to look back at our
schedule and the many activities required to get a more clear
picture.
Organization / Development
20 Percent
Points Available
2
Points Earned
X/2
Additional Comments:
1. Paragraph transitions are present, logical, and maintain the
flow throughout the paper.
1. The tone is appropriate to the content and assignment.
1. Sentences are complete, clear, and concise.
1. Sentences are well constructed, strong, and varied.
1. Sentence transitions are present and maintain the flow of
thought.
2
1.75
In the future, an introductory paragraph should be used to
31. introduce the reader to the task/scenario. The document started
out without any mention of what the actual project entailed. I
would encourage you to use a conclusion paragraph to
summarize the information presented. After all, you wouldn’t
want to leave the reader “hanging” or wondering if there might
be more.
Mechanics
20 Percent
Points Available
2
Points Earned
X/2
Additional Comments:
1. The paper—including tables and graphs, headings, title page,
and reference page—is consistent with APA formatting
guidelines and meets course-level requirements.
1. Intellectual property is recognized with in-text citations and a
reference page.
1. Rules of grammar, usage, and punctuation are followed.
1. Spelling is correct.
2
1.75
I would encourage you to get better acquainted with APA
guidelines, especially as they relate to references and headings.
Total Available
Total Earned
10
8.25
I believe there is still more that can be done. With a little more
attention to some of the details I have identified with my
comments, I think you could make this a much better project.
You can do this!