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Current Scenario: Happy homes Inc. is one of the top 10 new construction companies in the Northwest region of Florida. Its headquarter is in Niceville,

Current Scenario:

Happy homes Inc. is one of the top 10 new construction companies in the Northwest region of Florida. Its headquarter is in Niceville, Fl. Happy homes deal in new construction homes in affordable and sought after subdivisions.

In January 2015 Happy homes was founded by Dominick Linnus and Ella Linnus. In the second year, it was named the best home builders by the better business bureau. In 2019 the company was sold to Brian Butter. Since the new CEO took over he switched the use of the electrical, plumbing, and construction contractors. He has been contracting with lower quality workers at high-end prices since his father has affiliations with the newly selected contractors. This has been crippling our quality of homes and our ROI. In the past, we were constructing 38 homes a year with a profit of 100,000 per home. Currently, from June of 2019 to the present we have only built and sold 18 homes with a net profit of 75,000 per home. This new project plan is designed to build 38, 3,000 square ft homes in a subdivision within a year for under 475,000 with an estimated appraisal/sale value of 575,000.

(As of 1 Jun 2020)

CEO: Brian Butter

No. of Employees: 50

Last years numbers

Revenue: $ 1,350,000

Net Income: 7,200,000

Net Assets: $ 750,000

  • Critically analyze your term project from the perspective of the project manager.
    • Introduce your term project to refresh the memory of the readers of this post.
    • Prepare the information to complete the project charter. You may refer to Figure 3-10 Sample Business Case on pages 92-94, and to Figure 3-15 Sample Project Charter on pages 100 to 101 of the textbook.( an introduction to project management sixth edition, Kathy Schwalbe)
      • Define your project objectives.
      • Specify the measures by which this project will be determined a success.
      • Describe the assumptions and constraints for your project.
      • List the preliminary requirements for your project.
      • Identify any additional project management approaches to be considered for your project.
    • Do a stakeholder analysis and categorize stakeholders as follows:
      • Manage closely
      • Keep satisfied
      • Keep informed
      • Monitor
    • Based on the stakeholder classification and in the context of your proposed project, elaborate on your plans to manage stakeholders.
    • Finally, in a reflection of at least 30 words, describe the most interesting and challenging parts of preparing the project charter, as well as any recommendations to your classmates for preparing the charter.

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