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Managing Budget And Resources In Construction Essay

Dream Home: Project Charter

Table of Contents

1. Statement of Work

2. Assumptions

3. Constraints

4. Risks

5. Requirements

6. Deliverables

7. Project Stakeholders

8. Payment Schedule

9. Approval

10. Bibliography

1. Statement of Work

The Dream Home Project will construct a bespoke residence within a budget of $300,000. This project includes several critical phases:

1. Landscaping: Designing and implementing a sustainable and aesthetically pleasing outdoor environment, incorporating both hardscape and softscape elements to enhance the property's curb appeal and functionality.

2. House Structure: Develop a robust and aesthetically-pleasing structural design that maximizes space utilization and adheres to all safety standards. This phase includes the construction of the home's framework, roofing, and external finishes.

3. Interior Work: Execute interior design and finishing works that reflect the homeowners' preferences while ensuring comfort, quality, and durability. This includes electrical, plumbing, HVAC, flooring, painting, and fixture installations.

4. Infrastructure: Establish essential services and utilities to support the home's operation, including water supply, sewage, electrical, and internet connectivity.

The project concludes with the delivery of a fully functional and beautifully finished dream home, ready for occupancy. The process will be managed to stay within budget constraints while achieving the highest quality standards.

2. Assumptions

The assumption that...

This assumption supports the scheduling for...
…budgetary constraints.

7. Project Stakeholders

TITLE / REPORTS TO

ROLE ON PROJECT

NEEDS AND EXPECTATIONS

Homeowner

Voice of Customer

Expectations: Dream home completed on time and within budget

Builder

Project Executor

Clear requirements and timely payments

Bank

Financial Backer

Assurance of budget adherence and project completion

8. Payment Schedule

PHASE

START

50% COMPLETE

100% COMPLETE

TOTAL

Landscaping

10%

$9,000

10%

$9,000

House Structure

25%

$37,500

25%

$37,500

Interior Work

15%

$22,500

35%

$52,500

Infrastructure

5%

$7,500

5%

$7,500

Total

55%

$76,500

75%

$106,500

9. Approval Section

The undersigned stakeholders hereby acknowledge that they have thoroughly reviewed the Project Charter for the Dream Home Project. By signing below, each party affirms their agreement to the terms outlined within the charter, including the scope, budget, timelines, and responsibilities. This approval signifies a commitment to the project's success and an understanding of the roles and responsibilities as defined in the project documentation.

Signature

Print Name

Title

Role…

Cite this Document:
Copy Bibliography Citation

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