Project Planning for New Model Home Pre-construction Rey Ross GBA 573 July 10, 2003
Project Overview To increase efficiency in the homebuilding process and maximize profitability Assess and reduce risks that can cause delays before construction begins Standardize the pre-construction project plan to establish an accurate means of estimation for future projects
Revenues/Cost
Measures of Success Increased profit as percent of revenue Increased accuracy in project cost and schedule estimation Decreased direct budget due to reduction in construction defects throughout the process Decreased indirect budget due to efficient standardized project plan Increase in customer satisfaction
Feasibility Analysis
Risk Management Strategy
Communication Strategy Weekly: Project Manager Bi-weekly: Project Team Monthly: Executive Committee Quarterly: Sponsor or Equity Partner
Gantt Chart
Work Breakdown Structure Plot Plans Development Review Model Interiors and Landscaping Construction Loan Plan Check & Final Pre-Construction
Conclusion Focused Team Members Volatile Market – Risk assumed Market sets the price Due diligence Communication Market studies Accurate forecasting