MILESTONE 10 IT510
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PROJECT PLAN 5
The engineering team are planning on reconfigure the steam system so as to be able to recover waste as well as rehash it in the pasteurizer. The estimated benefit of the project is approximately $50 000 annually, this will be achieved through reduction of the energy costs as well as improvement in the reliability process. Improvements will be made to the lagging steam pipes and this will enhance the improvement of the comfort of the operator as well as Safety.
Project Scope
The Project’s scope of work involves the reconfiguration of the steam system in order to recover waste heat and also rehash it in the pasteurizer.
Objectives
Assist in the generation of more resource.
To boost income to approximately $37000 per annum.
Project Risks
The first risk which is likely to be experienced is safety during installation period, here the mitigation process will be following some standard operating procedures. The second risk which is impact on production, and the mitigation strategy which can be used conducting the work during annual plant shutdown.
Project Budget
The project will require about $40,000 to purchase all the resources needed as well as the installation cost. The project will also need $55000 to cater for control lagging and piping.
Risk Assessment
The first Risk Assessment endeavors to discover, portray, list and record a mitigation approach in respect to those dangers which can be identified before the beginning of the project. The Risk Assessment will be constantly observed and updated during the project, with monthly assessments integrated into the status report and open to alteration by the Project Manager.
Communication Plan
Communication between different stakeholders is very crucial in any project’s success. Every team member needs to be fully informed on the project’s status as well as their day-to-day roles. For effective communication, communications will take two directions:
Top-Down – This is where the top management will communicate with their juniors.
Down-Top – This is how the juniors will communicate with their seniors.
Project Budget Table
|
Budget Item |
Cost Calculation |
Total Cost |
|
Equipment and installation |
$ 40,000 |
$ 40,000 |
|
Control lagging and piping |
$ 55,000 |
$ 55,000 |
|
Labor |
$ 10,080 |
$ 10,080 |
|
Grand Total |
$ 105,080 |
$ 105,080 |
Cost Table
Project Gantt Chart
Project Resource Chart
Reference
· Kerzner, H. (2017). Project management: A systems approach to planning, scheduling, and controlling.
· Heerkens, G. R. (2015). Project management. Place of publication not identified: Mcgraw-Hill Education.