Residential Construction Project Version Description/Reason for Updating

Residential Construction Project

Version description/reason for updating the document

Initial version

The company will provide project management services to the client for all stages of the residential home construction. Our process consists of the following phases, which are greatly simplified here: Initiating, planning, executing, controlling, and closing.

Project scope:

This project is being undertaken in order to build a new residence for the Jones family. The construction project is for a single-family swelling on a half-acre lot located at 100 Blue Spruce Lane, in Waterstown, New York. The project will commence on January 4, 2015 and be completed by Monday, December 22, 2015. The construction will emphasize use of the energy-saving technologies and will be compliant with all relevant building codes. The company will oversee the construction of the home, however, bonded subcontractors may be engaged to complete certain aspects of the construction.

The contract is fixed-price, with the contractor estimate at approximately U.S. $450,000. The scope of the completed construction project as detailed in the specifications of this document and in the construction blueprint includes the following:

Basic landscaping

Poured concrete slab foundation (passive solar / radiant heating system)

Driveway -- 500 feet, concrete

Main home -- 3500 square feet, brick/stucco

Deck / Patio / Passive Solar Room

Garage -- 900 square feet, single story

8 Project Purpose:

The project is a good fit for the company's core competencies and line of business. The profit margin is sufficient to warrant undertaking the construction project, and the timeline to completion will not jeopardize any existing or planned activities or projects.

9 Project Objectives:

All milestones for deliverables will be met within 10 days of the approved schedule.

All materials supplied by the contractor will be provided at '"Level V -- Premium Grade" according to the detailed house plans and options for upgrades.

Buyer will select fixtures and appliances as specified on detailed house plan schedule.

All lighting requirements will be addressed within the $10,000.00 lighting allowance as specified in the detailed house plan.

Project Success Criteria:

The project milestones will be completed within the terms of the fixed-price contract and the agreed schedule.

During the project the contractor will provide periodic progress reports to buyer (biweekly, monthly).

Following any schedule delay, the contractor will provide progress reports on a weekly basis until the schedule is once again on point.

10 Project Deliverables:

As noted in the contract, the construction is to be complete by Monday, December 22, 2015. Accordingly, the following milestones for project deliverables are provided.

Architectural drawings complete and approved

Building permit approved

Lot preparation and clearing complete

Foundation poured, radiant heating installed, foundation set

Home and garage exterior closed to weather

Driveway and landscape complete

Interior wiring complete

Exterior wiring complete

HVAC complete

Interior plumbing complete

Exterior plumbing complete

Interior finish complete

Exterior finish complete

Walkthrough complete

Certificate of Occupancy granted

Interior and exterior punch list completed

Interior and exterior punch list approved

Acceptance review and key turnover complete

11 Assumptions:

Prime contractor will maintain all project documents and schedule.

Prime contractor will perform work with contractor's own employees or subcontractors who are bonded and hold the appropriate trade licenses and credentials.

Prime contractor will be responsible for all subcontract oversight, deliverables and management.

12 Constraints

No constraints have been imposed on the project at this time. Stipulations regarding hold-harmless conditions are detailed in the bonding and insurance documents.

13 Dependencies:

Applicable state and local building codes

Site plan and building permit will be filed at City Court, Waterstown, New York.

Prime contractor will be responsible for all work and workmanship

Incentives will be provided for early delivery at 5% of contract value

Penalties will be given for late delivery at 5% of contract value

The temperature range in the 2015 winter months are expected to average below 20 degrees F, beginning as early as September 15, 2015

14 Definitions and Acronyms

WBS - Work Breakdown Structure

SME -- Small to Medium Business Enterprise

15 Stakeholders Identification:

Stakeholder Name

Role & Responsibilities

Relationship to project

16 Project Organisation:

17 See the company organization chart in the appendices.

18 Detailed Planning Documents:

18.1 Work Breakdown Structure (WBS):

See the WBS in the appendices.

18.2 Network Diagram:

See M.S. Project for project network diagram.

18.3 Project Schedule:

See M.S. Project for project Gantt chart.

19 Project costs:

See M.S. Project cost breakdown in appendices.

20 Human Resource plan:

20.1 Human resource acquisition plan.

21 See the staff acquisition matrix breakdown in appendices.

21.1 Human resource training plan.

No human resource training commitments were required for this project.

21.2 Risk planning and management:

See the Probability and Impact (PI) Matrix breakdown in appendices.

22 Communications plan:

The following strategies have been established to promote effective communication within and about this project: 1) The contractor will provide weekly updates the buyers on the project status; 2) The buyer will receive a phone call or an e-mail or telephone for any urgent issues, including project impact and time constraints; 3) Change orders will be required from the buyer for all modifications of budget, schedule, or scope.

22.1 Issue Log:

An issue log will be maintained for all issues and resolutions.

22.2 Status Reporting

A status report will be issued in order to record all substantive changes or status reports.

23 Monitor and Control:

23.1 Monitoring the project.

See appendices for examples of methods, tools, and documents that were used to collect performance data such as cost, scope, and time.

23.2 Controlling the project.

No significant changes were made to the project.