Unit VII Project
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Unit VII Project
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Scenario: You are the project manager responsible for a new building
construction in northern Virginia. The building is worth $500,000 and
will have five bedrooms, a kitchen, landscaping, and a two-car garage to
be completed in two years. This was agreed upon in a firm fixed
contract. During the execution (construction) of the building, you
realize that the cost of materials have gone up by 10%, and your schedule
is behind by 90 days due to delays from county inspections and permit
processes. You also notice that if you continue with the current cost
rate and schedule rate that the total cost to complete this house would
be $600,000 and delivered three months late.
Submit a three-page report explaining the reasons for these variances
from your original project management plan and the proposed steps on how
you are going to control the cost and schedule to achieve the contract
threshold of $500,000 to be delivered in two years. Your plan must
include the following:
Unit VII Project
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◾Address identifications of impacted activities with their cost
and schedule attributes, remembering to account for contingencies.
◾Address explanations of the roles your project management team will
play during the execution of your project management plan and how they
will help you to control the issues that are arising during the project.
◾At the end of your essay, add a separate section entitled, “Reflections
on My Learning.” In this stand-alone section, summarize what you have
learned in doing the research, reading the textbook, and reading the
written lessons in regard to project management and how it impacted your
decisions in this essay.
Refer to the execution and control process examples in the Handbook of
project-based management: Leading Strategic change in organizations
textbook, Chapter 17. Include at least one additional source to support
your ideas, thoughts, and theories. Use APA format to document your
sources in-text and in your “References” list at the end of the essay.
Unit VII Project
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