PRJ656 Project Management Integration Framework

Planning

Planning

Planning Finishing Basement

Teresa Johnston

Grantham University

October 6, 2020

Planning will be the next step this would be to implement the project plan which will help prepare, coordinate, and define all the task and timeline of the project. All the knowledge areas will be used in this process below.

1. Scope Management Knowledge

2. Cost Management Knowledge

3. Time Management Knowledge

4. HR Management Knowledge

5. Quality Management Knowledge

6. Management of Communications

7. Procurement Management4

8. Risk Management

9. Stakeholders process or management knowledge area.

10. Initiating Management Knowledge area.

Discuss how the PMP is used to keep the project within scope, schedule, cost, and quality agreements.

Scope

The scope is used to define every item of expense either part of the project or any part of the project, examples would be purchase of any tools to the employee’s wages. It is used by the Project Manager to know and maintain the tasks or boundaries of the project.

Schedule

The schedule is what defines the beginning and end of the projects or tasks that assigned to certain roles by people who are performing them.

Cost

This is used to actively manage the budget on the project, so the cost does not get out of hand.

Quality Agreements

Quality Standards are deliverables of the project what should be itemized and listed. Thus, will ensure quality of services and product being rendered by vendors.

Project Management Concepts

Net Present Value Analysis refers to the difference of value of cash now and value of cash at a future date this us determined what the financial gains of the project will out weight todays investment.

Return on Investment

You use the Return of investment is calculated you would divide the net profit by the cost on the investment and multiply by 100 using excel application.

Payback Analysis

This is used to determine a payback over a period. This is important to decisions making to the cash flow derived from the asset of the project. Formula used y dividing the amount of the investment by the annual cash flow.

Balance scorecard

s a strategic planning and management system that organizations use to: Communicate what they are trying to accomplish. Align the day-to-day work that everyone is doing with strategy. Prioritize projects, products, and services. Measure and monitor progress towards strategic targets.

The Weighted Scoring Model

is a prioritization framework designed to help you decide how to prioritize features and other initiatives on your product roadmap? With this framework, initiatives are scored according to a set of common criteria on a cost-versus-benefits basis and then ranked by their final scores.

Project Management Plan

Project Objective statement

1.0 Overview of the Project

1.1 General Project Objective Statement

The Homeowner [Teresa Johnston] is finishing Framing the Basement of the primary residence. The homeowner will be responsible for purchasing the materials, tools and equipment. Owner will also be responsible of labor and all other expenses need to for the completion of the framing of the basement.

1.2 Project Location

Basement Framing Project

555 Main Street

Newton, Utah 85445

2.0 Deliverables

2.1 Owner will supply the deliverables to any outside contractors be electricians, plumbers and Hvac installers.

2.2 Owner will provide the plans to the electrician on where to place the receptacle outlets, light fixtures, and switches.

2.3 Owner will be provided where heating registers will be put installed.

2.4 The Deliverables due date will be provided for the date of execution for the electrician and Hvac installers.

3.0 Milestones

3.1 Foundation work making sure waterproofing the inside of basement.

3.2 Framing-Installation of wood framing.

3.3 Mechanical-Installation of electrical, heating and plumbing.

Interior work-Finishing of installing insulation, hanging of drywall, taping, mudding, and painting.

3.4 Trim-Finish window, door, and baseboard trim.

4.0 Work Breakdown Structure

5.0 Schedule

Johnston-Home Project Basement Finishing - Plans 02-05-2020
GENERAL REQUIREMENT	Qty	Start Date	Finished
Apply for Building Permit	1	02/05/2020	02/07/2020
Measure basement	1192	02/07/2020	02/07/2020
Storage container	1	02/09/2020	02/10/2020
Total
Building Materials	Qty
Drywall Sheets	40	02/12/2020	02/13/2020
2x4 boards	80	02/12/2020	02/13/2020
Drywall screws-Bucket	1	02/12/2020	02/13/2020
Plaster-Bucket	6	02/12/2020	02/13/2020
Fiber glass tape	4	02/12/2020	02/13/2020
Installation Rolls	15	02/12/2020	02/13/2020
Total
FRAMING LABOR	Qty
Framing materials:
Rough carpentry lumber	4	02/24/2020	02/27/2020
Total
Steps Started to complete Drywall Basement-Priority
Insulation Installed	15	02/28/2020	02/29/2020
Drywall Sheets Installed	40	03/01/2020	03/05/2020
Taped Seam of dry wall		03/06/2020	03/07/2020
Mudded Drywall		03/08/2020	03/09/2020
Textured Walls		03/10/2020	03/11/2020
Completion of Drywalling Basement			03/12/2020

6.0 Budgeting

01000 General Requirements Total	1				$3,675.00
SITE WORK & IMPROVEMENTS	Qty	Units	Unit Price		Amount
Site work scope:					Not Required
02000 Site Work & Improvements Total					$0.00
CONCRETE & FOUNDATIONS	Qty	Units	Unit Price		Amount
Clean existing masonry fireplace	1	ea	$800.00	800	Included
03000 Concrete Foundations Total					$800.00
FRAMING LABOR	Qty	Units	Unit Price		Amount
Selective demolition
Remove 6' section wall at staircase	3	MD	$400.00	1200	Included
Remove 6' section of wall at Kitchenette					Included
Remove closet / area under staircase					Included
Remove windows slated for replacement					Included
Framing labor as follows:
Frame exterior walls	4	MD	$400.00	1600	Included
Frame soffit for pipe chase Fireplace room	4	MD	$400.00	1600	Included
Frame interior partition walls	2	MD	$400.00	800	Included
Frame soffit around ductwork - Family Room	4	MD	$400.00	1600	Included
Miscellaneous framing / strap ceiling Family Room	2	MD	$400.00	800	Included
Framing materials:
Rough carpentry lumber			$2,400.00	2400	Included
04000 Framing Total	1				$10,000.00

7.0 Milestones

7.1 Foundation work making sure waterproofing the inside of basement.

7.2 Framing-Installation of wood framing.

7.3 Mechanical-Installation of electrical, heating and plumbing.

Interior work-Finishing of installing insulation, hanging of drywall, taping, mudding, and painting.

7.4 Trim-Finish window, door and baseboard trim

8.0 Technical Requirements

8.1 Find out the Basement requirements are from the City.

8.2 Checklist for obtaining Building Permit and Permit Fees.

8.3 Plans to the contactors that are hired.

9.0 Limits and exclusions

5.1 Standards of the scope of the project so the inspector will not make any recommendations or perform any actions during the inspection.

5.2 County Inspectors will not determine the following

· Cost of materials

· The effectiveness, and efficiency of heating and its components.

· Warranty and Guarantees of the contractors.

10.0 Review

6.1 Will be done by the owner where to purchase all materials need to complete the framing of the basement.