Question
Goals for Home Projects Prepare home for sale in 1 - 2 years Maintain home to minimize more costly repairs Ensure homeowner enjoys/ is comfortable
Goals for Home Projects | Prepare home for sale in 1 - 2 years | ||
Maintain home to minimize more costly repairs | |||
Ensure homeowner enjoys/ is comfortable in home | |||
Total budget | $10,000 | ||
Project List: | Project | Notes | Estimated Cost |
1 | Add screen room | There is no outdoor space at home - this is difficult since I live in Fl and would like to be able to enjoy the outdoors. | $7,000 |
2 | Replace refrigerator | Current refrigerator is over 10 years old, freezer leaks, limited space | $1,500 |
3 | Replace back door | Door seals but is rusty - starting to peel at bottom | $2,000 |
4 | Add screen to front door | Then could have house open to outside and lizards would not run in | $500 |
6 | Wash windows/outside pavers/tile in house | All windows are quite dirty, pavers are in need of cleaning, tile should be steamed | $400 |
7 | Add occasional tables to Great Room | Current tables are old, worn, outdated | $1,500 |
8 | Add storage shelving to garage | No storage in home - stack things in garage. Shelving would help be better organized | $1,000 |
9 | Decorating, artwork | Buy and install some artwork to make home more "homey" | $1,200 |
10 | Buy new dishes | Current dishes are old, scratched, chipped | $500 |
11 | Add murphy bed to den | Sleeper sofa for guests - not so comfortable | $2,000 |
12 | Buy new scull | I am an avid rower - I have had my boat for 5 years and it was a used, low end boat when I bought it. Would like to upgrade to a better boat. | $7,000 |
Given the attached list of projects and constraints, prioritize these identified components. Your post should detail out the process used to prioritize the projects and clarify which ones are included and which ones are not. The final result is a balanced portfolio ready for authorization. Include a brief recap of how the process worked and your level of confidence with the results. Are there prioritizations similar to yours? Why or why not? What insights can you draw/ what does this suggest to you (and your PPM Process)? What best practices can be considered in creating prioritization criteria and processes? | Total | $24,600
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