Execution and Control with Risk

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Title: Execution and Control with Risk
Question Detail:Week 4 Individual Project Individual Project: Project Proposal
Your task for Week 4 is to prepare a project proposal on how to adjust the project schedule. The proposal should include only descriptions of the ways in which you propose to modify the project schedule. Your final project (due in Week 8) will include the following:A formal change requestAn evaluation of the impact of the change (as submitted to the Change Control Board)—time and labour only. Note: It will be necessary to create the original project schedule and budget to analyse the impact of the change request. Consider that the additional wing will be built concurrently.A list of all the assumptions madeAn analysis of risk factors due to the change requestA new project schedule that shows:The additional time requiredThe additional labour costThe new completion dateA statement of work for one contractorA contract closure process description for one contractorA project closure process descriptionThe project details are as follows:The Smiths decide to build a house on a piece of land that they have purchased. They have consulted with an architect and have the blueprints created. You are a general contractor and have agreed to build the house for them. The Smiths inform you that they had been considering the addition of an extra wing in the house but have now decided against it as the additional space is unnecessary. The original blueprints that the Smiths gave you did not have the additional wing.You have projected that it will take you 12 weeks to complete the house. However, you need a buffer to accommodate the uncertain weather conditions, and you tell the Smiths that you will need 14 weeks. The Smiths are really anxious to move into their new house. Although they agree for 14 weeks, they also want to put in a penalty for late completion. You agree, provided they also put in a bonus for early completion. You reach an agreement with the Smiths, and the contract is signed. You have figured the project duration and effort as follows:TaskDuration (days)Effort (staff days)CommentsGet a building permit.51Clear the site.520Dig the foundation and footings.39Install forms.39Pour concrete.15Wait for the concrete to harden.50This is referred to as lag time.Remove forms.13Build the floor.15Frame the first floor.210Build the second floor.210Frame the second floor.315Sheath the house.312Install windows and doors.48Install siding.26Put up roof framing.28Can start as soon as the second floor is framedShingle the roof.14Install plumbing.48Can start as soon as the roof is shingledInspect the plumbing.10Install wiring.612Can start as soon as the roof is shingledInspect the wiring.10Hang and finish sheetrock.412Can start only after the plumbing and electrical work are inspectedPaint the interior.39Lay the carpet.26Install the hardwood flooring.36Install trim.36Procure the certificate of occupancy.50Total75184Just as your crew starts framing the second floor, the Smiths tell you that they would now like the additional wing in the house they mentioned previously. The Smiths present you with a new set of blueprints, containing the new wing and ask for a projected difference in price and time for the addition.
You figure that to add the extra wing the following would be required in terms of duration and effort:TaskDuration (days)Effort (staff days)CommentsDig the foundation and footings.26Install forms.26Pour concrete.13Wait for the concrete to harden.50This is referred to as lag timeRemove forms.12Build the floor.14Frame the first floor.14Build the second floor.14Frame the second floor.28Sheath the house.26Install windows and doors.24Install siding.13Put up roof framing.26Shingle the roof.13Install plumbing.24Inspect the plumbing.Install wiring.24Inspect the wiring.Hang and finish sheetrock.26Paint the interior.13Lay the carpet.24Install the hardwood flooring.Install trim.13Total3483
This new estimate to add the wing, assumes the sheathing will go on the base house and then work will stop until the extra wing is sheathed. You believe this will be the most economical way to add the additional wing to the property. Another option would be for the project to continue as originally planned, and then add the wing after the Smiths have moved in. After considering both options, the Smiths choose to follow your recommendation to add the new wing now so that they move in when the whole house is complete. The additional work required is as follows:TaskDuration (days)Effort (staff days)CommentsProcure the building permit.51Dig the foundation and footings.26Install forms.26Pour concrete.13Wait for the concrete to harden.50Remove forms.12Build the floor.1.56Frame the first floor.1.56Build the second floor.1.56Frame the second floor.28Add the sheath.26Install windows and doors.24Install the siding.13Put up roof framing.2.57Shingle the roof.13Install plumbing.24Inspect the plumbing.10Install wiring.24Inspect the wiring.10Hang and finish sheetrock.26Paint the interior.13Lay the carpet.24Install trim.13Total3890The rates for the various trades (in $/hour) are as follows:CodeDescriptionRateCommentsGCGeneral contractor40.00HEHeavy-equipment operator50.00Includes equipmentCConcrete worker30.00FFramer20.00FSiding installer20.00WWindow/door installer30.00RRoofer20.00PPainter20.00EElectrician35.00FLFlooring installer20.00TTrim carpenter35.00PLPlumber35.00
In this project, you will analyse the situation andthe effect of the change request on the schedule, cost, and features. The final project, due in Week 8, will be based on your answers for this week and for Week 6.Please make sure that you cite and reference all your outside sources properly, as per the Harvard Referencing System.