Assignment 5

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Answer-ProjectProposalBuildingaHouse.edited2.docx

Project Proposal: Building a House

Student’s Name

Running head: PROJECT PROPOSAL: BUILDING A HOUSE 1

Institutional Affiliation

Project Proposal: Building a House

Introduction

A project proposal is a document developed by an organization or firm that offers external services or projects. In question, in this particular case, is a construction company that specializes in the development of affordable houses for clients with a budget of $150,000 - $250,000. The project proposal in question will be attached with the relevant architectural and structural drawing to the county commission for approval for building permits and permits in the State of Texas. Some of the project proposal's key aspects include the project's deliverables, risks, price, scope, and schedule.

Customer Needs

The customer in question is a young couple who plans to build a two-bedroom bungalow on a 10,890 square foot lot located just outside Piney Woods, Texas. The two-bedroom bungalow will be approximately 1,650 square feet, with an estimated cost of $150 per square foot, and the total construction cost being $247,500. The customer's dream of owning their own home in 12 to 15 months is self-financing 75% of the project from savings and a small sum from an inheritance that the husband received. The customers were also heavily involved in the project's design portion with the architect, as this is a dream project for them.

Assumptions

· One assumption is that after the project's commencement, the customers will not interfere with the construction process with unplanned changes.

· That the bank in talks with the customers will fully finance the remaining 25% in mortgage terms and provided the needed capital resources.

· That the couple has the required title deed proving that the piece of land on which the house is to be constructed is theirs.

· That the customer's 75% in financing for the project is in cash, rather than in assets that they plan on liquidating to finance their project, as this will ensure the project runs smoothly, and lack of funds is not an issue.

Project Scope

The scope of this particular project is to ensure that the young couples who are the clients get their dream house on the set budget and the timeline. The project is meant to take about 12 to 15 months, and the whole project is budgeted at a total amount of $247,500. The project aims to ensure that the clients get the exact house they want as they also helped design the house's architectural concept. The project's final product will be a high-quality house that the young couple can call home and raise a family in comfort.

Deliverables

This project's deliverables refer to the end product desired by both the client and the project manager. Therefore, the project's deliverables are a complete two-bedroom bungalow built on the provided budget and schedule (Banihashemi et al., 2017). The house has to be according to the client's desire, and the project should be carried out and delivered without causing a lot of negative impacts on the environment.

Resources

Some resources or utilities must be put in place to ensure that the project runs smoothly (Banihashemi et al., 2017). The resources required in this project include the following: the first essential resource for the project is the workforce or human resource. The human resource will consist of the architectures, project management team, construction workers, among other building specialists. The second resource is the building material used for the construction of the house, which consisted of timber, cement, sand, metals, and other building materials. Thirdly, electricity supply to enable operation of the machines used in building and lighting. The other utility needed is all the licenses and documents required to ensure that the project is approved by all the government agencies concerned. Finally are the finances as, without money, it is impossible to actualize the project.

Schedule

According to the implementations that are supposed to be undertaken before the project is finished and ready for the clients to occupy the house, it is expected to take around 12 to 15 months. The significant activities schedule that will be followed to ensure a smooth-running project includes the bank loan processing, procurement of equipment and materials, preparation of the construction area, and the building and construction work. Having a clear and accurate schedule for the project is essential as it enables one to know the achievements completed and what is left (Duarte et al., 2017). A program also allows the project team to measure their productivity and acts as a guide, preventing them from deviating into other things. The schedule should not be rigid but flexible to accommodate changes and challenges that might occur during the project's implementation. But it is essential to follow the schedule and only make changes due to unavoidable circumstances and after consultation. The schedule below shows the project's significant activities, and the particular time each activity is expected to take place.

SN

Activities

Date

1

Land request processing

November-December, 2020

2

Land approval

January 2021

3

Bank loan processing

February –March 2021

4

Site Development

April 2021

5

Building and construction work

May – November 2021

6

Preparation for service

December 2021

7

Service execution

January-February, 2021

8

Finishing up ready to be occupied

March 2021

Price

The project's budget totaled up to $ 247,500, which means that it should not exceed the budgeted amount. A project should never exceed the budgeted amount of money because once the amount exceeds, the client might not have money any other spare finances to top up the initial budget (Duarte et al., 2017). This project's funding will consist of the land, building, construction fee, equipment and construction machines, salary, and other charges incurred in the project's implementation process. Below is the budget process to ensure that the project is carried out without any complications.

SN

Description

Cost

1

Land, building & construction

100,500

2

Building machines & Equipment

30,000

3

Salary expense

51,950

4

Operation Expense

12,300

5

Pre-service Expense

6,000

6

Contingency (10%)

24,750

7

Licensing and other fees

5,000

8

Audit and legal fee

8,000

9

Water consumption

3,500

10

Electricity consumption

5,500

Total

247,500

Risks

Several risks are expected in any construction project where people are using machines and other equipment to construct a structure due to machine malfunction or human error. In this project, the risks that might be expected are accidents that might cause injuries to the construction workers, such as being fallen on by brick or timber used in the construction (Banihashemi et al., 2017). Environmental risks such as bad weather or natural calamities might force the project to stop. The project can also negatively impact the environment if no safety measures to protect the domain from the noise and dust emitted during the construction.

Conclusion

Having a project proposal is an essential initial step to take before commencing with the project. The document acts as a blueprint that guides the team involved in implementing the project on what is expected of them. Building a house is not an easy task to undertake as a project manager since the client already has the desirable deliverables that they desire. If not attained, it might cause conflicts. For this project, it will be essential to adhere to the schedule, budget and avoid the risks that might result from the project. With this proposal, it will be easy to measure the project's achievements at any given time by analyzing the schedule for the project. It is expected that the project will be completed in the given duration and provide the client with their desired home where they can live happily ever after.

PROJECT PROPOSAL: BUILDING A HOUSE 7

Reference

Banihashemi, S., Hosseini, M. R., Golizadeh, H., & Sankaran, S. (2017). Critical success factors (CSFs) for integrating sustainability into construction project management practices in developing countries. International Journal of Project Management35(6), 1103-1119.

Duarte, D. R., & Daltro, A. T. (2017, October). Light Steel Framing Social Housing as a Sustainable Construction Proposal. In International Congress on Engineering and Sustainability in the XXI Century (pp. 491-502). Springer, Cham.