Project Management Essay Example | Topics and Well Written Essays - 2000 words

Project Management - Essay Examples authorship turn outlines the activities that drop be involved when mannikining a new house. This initiative has been underscored after realizing that it is wise to build a personal house than rely on rented accommodation. on that point ar respective(a) factors such as financial issues that atomic number 18 involved in this work. It is besides important for the individual involved to procure the arse to build a house first before undertaking any construction work. The paper is split into different categories that outline the different phases that can be involved in building a house. bloodline lineament Financial and other considerations The business case involves building a house and the set cipher for completing this project is ?25000. However, a supplementary budget of ?5000 has been set aside for this concomitant project. In order to complete this project there are different considerations that ought to be taken into account. in t hat location is need to procure raw materials that can be used in carrying out this project. There is also need to hire contractors who can execute this particular task. Planning assumptions and external constraints As is often the case when a project needs to be completed, proactive steps such as research, planning, communication, and review are often seen as basic tenets of project success (Josler & Burger, 2005). Basically, the term project is used to describe a set of activities that are linked and they are directed towards the attainment of a certain goal (Hellriegel 2001). A project can also be described as a onetime activity with a definite start and finish. As such, through utilization of project management methodology, a project can be completed within the expected time frame, on budget as well merging the expected standards that satisfy all the stakeholders who may be involved. In this case, the baseline of the project is to carry out a feasibility study to establish if t he project can be manageable. This is followed by outlining the cost and eudaemonia analysis of the project where the objectives are also set. When planning a project, the steps needed to obtain the goals of a project need to be outlined since this gives the team members direction to follow. A risk assessment ought to be carried out. In this case where a project involving the construction of a house is being undertaken, there are external constraints that can be encountered. As discussed in detail below, it can be noted that nearly of the external constraints may include the unprecedented changes in the price of raw materials used for building the house. displace labour costs can also affect the project hence the need to put eventuality plans in place in order to deal with such a scenario. Options considered There are various external constraints that are likely to be encountered when carrying out a project. However, certain measures ought to be implement in such a scenario. The last part of the paper outlines some of the contingent measures that can be implemented in case of challenges that can derail the progress being encountered. Benefits of building own house There are many