Construction project Tiffany Williams Columbia Southern University The project I chose for this paper is a construction project. This project involves construction of four two-story townhouses to be constructed on a small site in a largely built-out area in our neighborhood. These are going to be used as warehouses for storage since the problem of storehouses is rampant in our area. The budget for the project is $1.8m. I chose it because I have experience on the use of project management techniques which are needed here and ensure success of the project The primary purpose of project management techniques is to help managers plan, execute and control all aspects of the project management process. We rely on key tools for managing a project to ensure that each task is completed on time and to balance staff workload for optimal time management. Because project management tools enhance resource efficiency and ensure project scope, such tools are especially important for projects like this one. The strategic planning will involve the following steps: Planning I would plan on how the various activities are going to be accomplished, who to accomplish them and the time frame of the project. This will also involve financial planning. Defining the deliverables I have to determine the outcome of the project. What is the output? The deliverable here is for the house to be built and this enables proper channeling of resources. Determination of objectives and strategies The objective is to construct the house which has to be built and completed in two months. Therefore to achieve this we will develop a strategy to ensure faster completion by working overtime and on weekends as well as involving the best construction experts. Implementation and evaluation The next step is to implement and evaluate the plan. We will also need to constantly monitor and assess the implementation of the project to determine if the plan is achieving the objectives. The timeframe has to be monitored and compared to the amount of work completed for proper action to be done. Prioritization Criteria-Based Matrix for prioritizing construction project Criteria Scoring Project Competitive Advantage Rating Weight Score 4 5 15 Estimated Project Cost Rating Weight Score 2 4 13 Potential Revenue Rating Weight Score 3 5 20 Customer Satisfaction Rating Weight Score 5 5 15 Ease of Implementing Rating Weight Score 4 8 13 References Patrick J. Burkhart and Suzanne Reuss (1993). Successful Strategic Planning: A Guide for Nonprofit Agencies and Organizations. Newbury Park: Sage Publications. Karl E. Wiegers (1999) First Things First: Prioritizing Requirements .