Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company name: Patria Grande Limited Description of the project and identification of the need: Patria Grande Ltd., an experienced housing and real estate investor plans

Company name: Patria Grande Limited

Description of the project and identification of the need:

Patria Grande Ltd., an experienced housing and real estate investor plans to embark on the construction of an affordable housing project in southeastern Puerto Rico, to address the housing challenge facing the region.

Project scope:

Project Statement of Work (SoW): This project consists of five phases following the waterfall model.

Impact: Relief to people outside the slums

In-Scope and Out-of-Scope Deliverables: The project is expected to deliver 500 housing units in 5 years. Each housing unit must have state-of-the-art facilities.

Estimated costs: about $3 billion

Duration: 3 years Project conditions

Assumptions- The project will be completed within the stipulated duration within the stipulated budget.

Risks- Include common construction delays, labor shortages.

Constraints - Include available technology, skills, plant, materials, budget, specific performance requirements, time, cost, quality, and even legal constraints.

Recommended project structure: The waterfall model works for this project

Identify potential project stakeholders Key stakeholders include:

sponsor project group Senior management of the company clientele In a power/interest matrix, we have:

High Power - High Interest: These stakeholders are likely to be the decision makers and will have the greatest impact on the success of the project. You must keep these desired parties close to manage their expectations and achieve full success. High Power - Low Interest: These parties surely need to be made aware of what is happening in the project. Although they are not interested in the result, they will grant power. These types of stakeholders should be treated with caution because they could use their power in a negative way if they are not satisfied. Low Power - High Interest: Keep these people properly informed and talk to them to make sure no major issues arise. These people can often be very helpful with the details of your project. Low power - low interest: Monitor these people, but don't spend time and energy on excessive communication.

stakeholder management In the Initial part, a process must be executed to identify the interested parties, with whom all the individuals, groups and structures that will achieve be interested or able to participate in the project. So you can set your demands, possibilities and interests in the project. In order to classify them and face the obligations in advance, their level of mastery and their ability to influence effectively or not effectively in the success of the project. Different techniques are used to Describe the parties involved, the power-interest matrix will be used, which brings together the desired parties, it is obtained by stating the jurisdiction or domain level and how much interest is sampled. The interest-power matrix is used for the very important study of organizations, because it allows outlining the tactics aimed at providing relationships with stakeholders and interest groups. Due to this, companies can outline tactics that are accepted by each and every one of the desired parties, since they are distributions that are taken into consideration when calculating and choosing conclusive measures. The matrix provides a paralyzed view of the environment, which must be integrated with an efficient analysis of interest groups, which allows them to examine their increase over time, since the elements of power and interest could change.

In the project properties section, enter the project statement of work. Consider that you don't work on Sundays. Check the holidays and days off for the next three months and include them in the project calendar.

Describe, at least, three (3) outlined objectives to achieve the project. Remember that the objectives must be outlined using the S.M.A.R.T. Describe at least two (2) activities required for each objective. Determine the sequence of activities.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Restaurant From Concept To Operation

Authors: John R Walker

7th Edition

1118629620, 9781118629628

More Books

Students also viewed these General Management questions