The discipline of initiating, planning, executing, controlling and closing the work is known as project management. Project management requires a proper evaluation of all the aspects related with the management of various set of activities and aspects of developing some or the other new and innovative thing. For a project it is required that the specific goals and targets of an organization could get fulfilled and get managed in a proper way. Managing a project is very tough task as it requires proper planning and evaluation of the critical thinking aspects. It is required that innovative and effective set of plans should be developed before initiating a project. Gathering information related with the reason behind developing a project and evaluating a proper process helps in initiating a project in a right way (Desmond, 2017). Hence, a report is developed which will include information related with the construction projects and future of engineering in Australia. In depth information will shared by availing graphs and charts related with construction and engineering projects of Australia.
The process which helps in determining the boundaries and frameworks for the project is known as the scope of the project developed (Dennis, et. al., 2015). It is required that an individual should work towards to evaluate all set of aspects with the effect of which every single activity and boundaries for the project could get identified. Doing so helps the project manager as well as the team working on the same to gather the information of what is required to be done and what are the thinks should be included in the plan so that project could get completed. Hence, a report is developed which will provide relevant set of knowledge regarding how to manage a project and will avail proper information related with each and every aspects of the same.
The report will help in determining the set boundaries of a project and will provide information related with every single activity occurs in the project (Stanek, Babkin, & Zubov, 2016).
Project management is based on some other objectives. It is necessary that these objectives should be determined so that a proper set of direction could be availed to the same. Without objectives a project is of no use because it will not solve or meet the expectation of the people available in the market (Rob, 2015). Hence, it is necessary that the objectives of the project should be determined at the initial phase so that a direction could be provided which could help in managing the project in near future. There are certain objectives on the basis of which the report is being developed, these objectives are:
Identifying the importance of objectives and scope for the projects and how they solve the interest of the people available in the market (Larson, & Gray, 2016).
Identifying the importance of time management in a project so as to provide proper knowledge to the people available of how they can manage the time and process the work in an effective and appropriate way.
Identifying the importance of cost management in the project so that people could gain information related with cost management techniques and the applications of the same.
Hence, it could be evaluated that the objective of the report is to help the target population in gaining relevant set of information related with project management techniques and tactics. This will help in providing a better set of direction to develop a proper set of project and to manage the time and cost which will incur in the project (Taylor & James, 2008).
A Contractor has hired a team which will prepare a tender for the implementation of the case project in which it is required that a team should prepare a project plan which should focus upon the scope, time and cost management of the case project (Denas, 2017). Hence, a project report is developed for a construction project so that contract could be received. Information related with the previous construction work of team will be shared. There are several construction and engineering projects on which the team has work. Proper explanation about the skills will be shown with the help of graphs and charts (Edelist, Gelbard, & Kantor, 2012). Report will include a real data of construction projects on which the team has worked to avail proper and in depth information related with skills and abilities of the team hired for the tender.
Managing a construction project for an organization is not an easy task for the project management team. It is required that a proper plan and framework should be developed for the same with the effect of which construction work could get completed in a proper way. The project is developed for the construction of a building with the effect of which work could be managed in a proper way (Focacci, 2017).
Scope of the project is to determine the deadlines for a construction project. The quoted deadlines will help in attracting the interest of the company providing the tender.
The report will also help in determining the total cost of the project. Estimating a proper cost and quoting the lowest price will help in getting the tender for the project (Gido, & Clements, 2012).
The report developed will help in estimating the time which will indulge in every single activity of the construction project. This will help in providing a proper set of direction with the effect of which an assurance will be made that the project will get completed within the budget as well as in the required deadlines (Gomes, 2013).
In the report an assurance will be made that the team working on the project will have the access to indulge in decision making aspects. Such type of activity will help the project manager in gathering more innovative as well as effective set of ideas. These ideas will help in making the project more effective and will provide a set direction for the success of the project.
Work breakdown structure will be developed which will help in managing the project. Work breakdown structure of the project will help in showing a proper bifurcation of every single activity. Time will be allotted to all the activities which will provide a direction for the completion of the project (Hoyle, 2013).
The project will ensure that every single activity will be divided equally among all the project members. Proper training will be provided to every single team member working on the project so that they could bring quality to the same.
Quality of the project will be maintained as every single activity related with the project will be taken into consideration in the report (Lock, 2013). A written description for every single activity which will indulge in the project will be determined. This will help the project manager in delivering quality to the project and will help in providing an effective set of support for the growth of the project.
Report will also include the methodologies which will be used by the project manager so as to manage the construction project. This will provide a set direction with the effect of which project will get completed and direction will be provided so as to manage the changes in a proper way.
Time management techniques like PERT and CPM will also be taken into consideration so as to manage the project. The time management techniques used by the project manager will provide the assurance that the project will get completed within the required deadlines and within the framework developed by the project manager (Maqsood, 2011).
The scope statement provided for the project gives an assurance that the project will get completed within the required boundaries. Proper set of objectives and frameworks are being designed for the project which will help in managing the project requirements (Rose, 2008). It could be evaluated that the scope statement designed is will help the project manager in delivering a proper set of direction for the completion of the same. It is necessary that a project scope should be designed taking all the project aspects into consideration.
The scope statement developed includes all the required instructions for the project which will deliver an option for the accuracy in a project (Rose, 2013). Hence, it is necessary that all the instructions should be followed in an appropriate way with the effect of which project could get completed within the required time and framework and proper assurance could be made to the company that quality of the project will be kept on the priority and the same will be delivered which will enhance the validity and the reliability of the brand of the company in the competitive environment in which it is working and will help in obtaining success ad sustainability (Saleh Al-Freidi, 2015).
Team hired for the project has worked on various construction projects, they have developed many of the homes in Australia and developed flyovers for highways (Samset, & Volden, 2016). It is necessary that a proper set of understanding should be developed with what actually project time management is and what are the different types of aspects which are attached with project time management. Project time management is a discipline of project management which looks at the time required to controlling the amount of time taken to perform an activity of the project. For a project team it is necessary that they should have a proper focus towards the time which will incur in the project and the aspects which are required to be taken into consideration for the completion of a project (TACHIKAWA, et. al., 2013).
Benchmarking is one of the aspects which h is kept on highest priority by the team hired for the tender. They prefer set the priorities after every project and develop a set plan to process the work. Sustainability should be kept on the priorities by the project management team (Tavan, & Hosseini, 2016). The team working on the project requires that proper scheduling should be done; division of every single activity should be done in a proper way which could help in managing the project and could ensure to provide a support system for the completion of the project. It is important that the focus of the team should remain with time management activities so that assurance could be made that the project will get completed within the required time decided by the company.
According to the PMBOK Guide project time management is made up of 7 processes and the team selected for the contract will ensure that these 7 processes should be taken into consideration so as to manage the time and complete the project within the required deadlines.
The time planned for the project is 1 year in which all the aspects which are required to be taken into consideration will be included in an appropriate way and a relevant time will be allotted to every single activity (Rozenes, 2011). This will help in providing quality to the construction project and will provide a set direction to the team to fulfill the requirements of the project. Therefore, the 7 processes required to be followed are:
It is necessary that a plan for the schedule management should be developed. This will help in evaluating every single activity which will be used in the project. Plan for the schedule management provides a set direction for the growth which helps in managing the things in a more subtle and smooth manner. This will provide a set path for delivering quality to every single activity and will design a set path for the growth of the project (Teller, Kock, & Gemünden, 2014).
Second time management process which will be followed by the team is defining every single activity on which the team will work. It is necessary that each and every project activity should be defined in a well in advance form. This will help the team members in gaining appropriate set of knowledge of the activities on which they are required to work in the project. Defining the activities will help in gathering proper set of information related with the tasks which are required to be performed at every level by the team members (Bhatia, 2014).
Sequencing is the third process in which prioritizing of the work will be done. Priorities for every single activity will be made. Sequencing will include decision making of the team members in which all the team members will indulge in the practice of selecting and prioritizing the activities. It is necessary that prioritizing should be done in an appropriate way with the effect of which work related with project could get managed. Managing the activities according to their impact on the project will help in delivering an appropriate set of direction for the growth (Desmond, 2017).
Estimating activity resource is the fourth process which is important to be undertaken by a project team. Estimation of all the resources will be done so that proper support could be provided to the project team with the effect of which work could be processed. It is necessary that activities should be evaluated and resources should be allocated to every single activity. This will help project manager in delivering quality to the project and processing the same in a smooth and subtle way (Maylor, 2012).
Estimation of every single activity will provide a proper support to the project team in making appropriate set of strategies and processes with the effect of which work will be processed in a prescribed time (RAO, et. al., 2013). It is necessary that relevant time should be allotted to every single activity with the effect of which project could get completed within the required deadlines. Setting a time limit for every single activity and completing the same within the prescribed time will help in managing the project expenses and completing the same within the required deadlines (Remington, & Soderholm, 2010).
Developing a schedule for the project helps in determining the project requirements and will provide a set direction for the growth. It is required that scheduling of each and every activity should be done in a proper way. This will help the project manager in managing the things in a more effective and subtle way. It is required that schedule developed should consider all the required information with the effect of which appropriate decisions could be made and project could get completed within the required deadlines (Shtub, 2017).
Control schedule is the last project time management process that helps in time management. Occurrence of any kind of change is managed with the help of control schedule. It is required that appropriate controlling tactics should be designed so as to reduce eliminate the unnecessary time and providing a set path for smooth processing of the project (Stanek, Babkin, & Zubov, 2016).
Time management is a very crucial task which is attached with the project. Managing time requires proper set of predictions and analysis (Dennis, et. al., 2015). It is required that a project manager should determine accurate time and allot the same to each and every activity. Doing so will help in performing the activities within the time duration prescribed. There are certain set of techniques which are attached with project time management and it is necessary that a project manager should apply the same in the project. This will help in developing a proper schedule for the project with the effect of which project manager will succeed in obtaining the objectives targeted. Hence, certain techniques related with project time management will be taken into consideration and decisions will be made of which technique should be applied and how the project time could get managed in a proper way (Hartmann, et. al., 2009).
Critical Path Method is a technique which helps in determining step by step activities of the project. This process of the project helps in determining each and every step involved in the project with which process planning is done (Hearn, & Choi, 2013). Determination of the critical paths involved in the project and the paths which could help in completing the project in a most appropriate way is done with the help of critical path method. Opportunity of selecting a most appropriate path is being provided to the project manager with the help of which he could adopt the most appropriate path for the completion of the project. Critical path method helps in determining the expected completion or execution time of every single task. Critical Path Method is best suited for the project which includes numerous activities which interacts in a complex form (Jonas, 2010). There are certain set of steps which are applied in Critical Path Method these steps are:
Defining the required tasks and putting them in a proper order and developing a list Creating a proper flow chart of each and every activity, it is required that the flow chart should determine the relationship between each and every activity (Kerzner, 2013)
Then it is required that the identification of the critical and non critical activity should be done After identification of the critical and non critical activity it is required that the expected completion or execution time of each and every activity or task should be determined (Loureiro, & Curran, 2007) And the last step is to locate or advise the alternatives means taking the backup of each and every activity
These are the activities which are required to be taken into consideration in a critical path method with the help of which assurance could be made that the most appropriate and effective decision could be made so as to complete the project in a proper way. Hence, applying a critical path method will help the project team in choosing the most appropriate method so as to complete the construction project (Mosavi, 2014).
Above is the critical path diagram shown for the pre construction work, previously team had worked upon a construction work of building in which it had used this critical path method to determine the earliest completion time and latest completion time (Perry, 2011). It could be evaluated that the project team has a full proof plan for the construction project and will perform effectively so as to complete the same. The team which will work on project will develop a proper critical path for the project so that the same could get completed by choosing the most effective path. This will help in managing the project and will provide an effective set of direction for the completion of the same in a proper and effective way (Rob, 2015).
Program evaluation review technique is the technique which is used a project management planning tool (Larson, & Gray, 2016). PERT helps in calculating the amount of time project will take realistically to get completed. Estimating a realistic time is one of the most important parts of a project management. Determining the time and providing deadlines to each and every activity of the project will help the project management team in completing the same in a most appropriate way. Choosing PERT technique will help project team to manage the activities of project management in an appropriate way. It will help in delivering a direction working on which will provide a relevant set of support to the team and will help in finishing the project within the deadlines decided (Taylor & James, 2008).
PERT is the technique which shows a graphical presentation of each and every activity which will indulge in the project (Denas, 2017). A network diagram is developed to make easy understanding with the project activities. Such type of activity helps in delivering better results in the actual position. It is a process which helps in setting milestones for the project. Setting milestones for each and every activity of the project provides a better set of support for the growth of the same (Edelist, Gelbard, & Kantor, 2012). Such type of activity helps the project management team in delivering more appropriate and accurate set of results. Choosing such type of technique helps in maintaining the accuracy of the project and provides a better set of support for the growth of the project. It is required that a project management team should focus on each and every milestone and set the priorities of the work. Setting the priorities will help the project management team in maintaining accuracy and will help in fulfilling the objectives of the targeted project (Focacci, 2017).
Above is the example of the PERT flowchart which will help in delivering better set of understanding of how it works. In case if the team will get selected for the tender then assurance will be made that they will apply all the techniques in a proper way. The team has an appropriate set of knowledge of how to manage the work and how to process the work in a most relevant and effective way. Time is managed properly by the team as they have the skills to manage each and every activity and have the knowledge of prioritizing the work according to their requirement in the project (Gomes, 2013).
Work breakdown structure is another technique which can be used by the project management team so as to schedule the project. Work breakdown structure helps in bifurcating the project into smaller units with the effect of which work could be managed in a proper way. Division of work into small activities provides a set direction with the effect of which work could get managed in a proper way (Hoyle, 2013). Determining a set path for every activity and prioritizing the work help in developed an effective work breakdown structure for the project. For a project management team one of the most important aspect is developing a relevant and proper work breakdown structure. A flow chart is developed by the project management team with the effect of which assurance is made that the project will get completed within the required dates and a proper direction will be provided following which will help them in fulfilling all the requirements of the project (Lock, 2013).
Work breakdown structure of the project also helps in developing a Gantt chart which is a graphical presentation of every single activity (Maqsood, 2011). It is required that proper direction should be made to each team member and Gantt chart works a framework following which help in managing each project activity and completing the project within the required time and budget. Completing the project within the deadlines helps in maintaining the flow of work and provides a path for the future growth. It is required that a project management team should develop a proper flow chart of every single activity working on which they can assure that every single activity of the project will get completed within the required deadlines (Rose, 2008). Such type of activity helps in enhancing the quality of the project as well as goodwill of the team working on the project.
The work breakdown structure shown in the above image was developed by the project team for the previous project. Sequencing of every single activity was done in a proper way. All the activities related with the project were taken into consideration by the team (Saleh Al-Freidi, 2015). Every single activity was processed properly and within the time which was decided by the team in a well in advance form. The plan was successful as all the activities were performed within the time without any clash. Quality of the project was really appreciable as each and every aspect of the project was processed in the way required. Plans were properly being followed by every single team member indulged in the project and assurance was made that the work should get completed within the deadlines decided (Samset, & Volden, 2016).
Above is the milestone for the project plan. The actual milestone will be taken into consideration when proper information related with the construction work will be provided. The milestone developed shows the information related with the planning phase of the construction work so that skills and abilities of the team chosen could be shown (Tavan, & Hosseini, 2016).
Cost management is the process which is concerned with the planning and controlling the budget for a project. It is a process which includes every single activity of controlling the expenses and estimating the cost which is required to spend on every single activity of the project (Rozenes, 2011). For a project team one of the most important aspects required to be taken into consideration is defining a proper budget for every single activity of the project. There are various set of activities which are included in a project cost management these activities are planning of the cost sheet, estimation of the expenses which will incur in the project, budgeting of each and every activity, financing, funding for the project, managing the project activities and controlling the change which will occur in near future. These are some of the aspects which are being taken into consideration so as to manage the cost (Teller, Kock, & Gemünden, 2014). Budget should be developed in such a way in which the unnecessary cost or expenses which could result in the hike of the project could get eliminated. Such type of activity helps in getting proper approvals and attracting relevant set of funding for the project.
According to PMBOK a proper process should be followed by a project management team so as to manage the cost of the same (Desmond, 2017). The process which is required to be followed is:
It was discussed in the previous section that developing a Work Breakdown Structure will provide a proper set of direction to the team to manage the time which will indulge in the project. In the same manner WBS will also help in managing the cost. With the help of WBS all the resources of the project will be determined with the help of which project team will be able to estimate the cost for each and every activity of the project (Kite, 2009).
It is important that a project management team should work towards to estimate the cost for every single activity (Maylor, 2012). Estimating cost for every single activity determined by the project team will help in setting cost limits and eliminating unnecessary expenses.
Cost budgeting is the process which helps in providing an overview of the periodic and total cost of the project (RAO, et. al., 2013). It is required that a proper budget of every single activity should be developed by the project team. Developing a periodic table which includes detailed information of the expenses which will incur in the project will help the project team in formulating the project in a proper way. It is required that a project team should work towards to develop the budget which is cost effective and should prescribe a proper direction to the team members with the effect of which project could get completed in an appropriate way without occurrence of any hindrance in the formulation process (Remington, & Soderholm, 2010).
Fourth step of the process is cost control; it is a process in which variances from the baseline of the project will be measured by the project management team. The process will help in fulfilling all the project requirements and controlling the expenses which will incur in the project process. Applying cost control software will also help the team in managing the project cost in an appropriate way (Shtub, 2017).
Project team suggested for the tender will ensure to apply appropriate setoff techniques so as to manage the project cost and will ensure that the same could get completed in a proper set of budget (Stanek, Babkin, & Zubov, 2016). The team has a capability of managing the project in an appropriate way and they have the capability of availing a proper set of direction with the help of which a cost effective project could be developed.
Cost Benefit analysis and PERT are the techniques which will be used by the team so as to manage the cost of the project. Cost benefit analysis will help the project team in determining the benefits that will be provided to the organization after implementation of the project. It will help in determining the payback period, return on investment and the breakeven point for the project. This will help in making appropriate set of decision of whether the project should be initiated or not. It will help in determining that whether the project is cost effective or not and will help in indulging in the further processes of the same (Hartmann, et. al., 2009).
Project performance analysis is the last step which will be taken into consideration by the project team.
Monitoring and controlling will be done in this step so as to ensure that the project could get completed in a proper way.
Testing of each and every activity will be done.
Checklist of all the activities will be prepared
Cross checking of every single activity will be done
Final changes will be implemented so as to make the project perfect (Hearn, & Choi, 2013)
At the end it could be concluded that the project team selected for the project have the skill to manage and maintain the project. They have the knowledge of developing scope for the project. Project team also has the knowledge of managing time and cost with the effect of which assurance could be made that the project will get completed in a proper way. The project team has the capability of handling the project with quality and has the capability of assuring that the project on which they are working could get completed within the required deadlines. Hence, it could be suggested that if the tender will be given to the prescribed team then an assurance will be made that the project will be completed with quality and all the aspects of the project will be processed within the prescribed budget and deadlines.
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