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Part - 1 Case Study Overview: Background: As a project manager for a home renovation project, your task is to estimate the duration for each

Part - 1 Case Study Overview:

Background:

As a project manager for a home renovation project, your task is to estimate the duration for each activity using multiple methodologies and analyze the impact of these estimations on the overall project schedule. The renovation project involves transforming a three-bedroom house, including interior remodelling, electrical upgrades, plumbing improvements, flooring installation, painting, and landscaping.

Data:

Here is the necessary data for the assignment:

1. Activity List and Predecessor-Successor Relationships:

Activity Predecessors 1. Demolition - 2. Electrical Rewiring 1. Demolition 3. Plumbing Installation 1. Demolition 4. Flooring Installation 2. Electrical Rewiring 5. Drywall and Insulation 1. Demolition 6. Painting 5. Drywall and Insulation 7. Kitchen Remodeling 4. Flooring Installation 8. Bathroom Remodeling 4. Flooring Installation 9. Lighting Fixture Installation 2. Electrical Rewiring 10. HVAC System Installation 2. Electrical Rewiring 11. Landscaping - 12. Clean Up ... 13. Final Inspection ... 2. Project Timeline: The project is set to start on Monday, XX Month, 20XX, and is expected to be completed within 12 weeks. 3. Historical Data: Provide hypothetical historical data for at least two activities. For example: Kitchen Remodeling: Completed in a previous project in 6 weeks Bathroom Remodeling: Completed in a previous project in 3 weeks 4. Similar Project Data: Living Room Remodeling: A similar project took 4-6 weeks to complete

Part - 2 Estimation Methodologies:

You need to estimate the duration for each activity using the following methodologies: a) Expert Judgment: Project Managers should consult experts or industry professionals to gather insights and estimates based on their experience and expertise. For example, consult an electrician or a contractor to estimate the duration for electrical rewiring or kitchen remodeling.

b) Historical Data: Project Managers should use the historical data provided for activities that have been completed in previous projects. This data can serve as a basis for estimating the duration of similar activities in the current project.

c) Three-Point Estimation: Project Managers need to estimate the duration for each activity using the optimistic, most likely, and pessimistic time estimates. They can then calculate the expected duration using the PERT formula: (Optimistic Time + 4 * Most Likely Time + Pessimistic Time) /

d) Analogous Estimation: Please to compare the current project with similar projects they are familiar with and estimate activity durations based on similarities and differences. For example, suppose they have knowledge of a similar project where the living room remodelling took 4-6 weeks. In that case, they can estimate a similar duration for the living room remodelling in the current project.

Calculation and Basis of Estimation: Project Managers to clearly document the calculation and basis of estimation for each activity using the chosen methodologies. They should provide explanations and justifications for their estimations, considering factors such as complexity, resources required, available historical data, and expert insights.

Project Duration Estimates and Analysis: Project Managers should calculate the overall project duration and create a project schedule based on the estimated durations for each activity. They should analyze the impact of the estimation methodologies on the project duration and identify critical activities that may affect the completion of the project within the given timeline.

Report and Recommendations: Students should prepare a comprehensive report summarizing their findings. The report should include the following:

Activity list with estimated durations for each activity using different methodologies. Project schedule showcasing the estimated start and end dates for each activity based on the chosen estimation methodologies. Analysis of the impact of estimation methodologies on the project duration. Justifications for the chosen estimation methodologies based on factors such as historical data, expert judgment, three-point estimation, and analogous estimation. Recommendations for optimizing the project schedule based on the identified critical activities. Part 3 - Deliverables:

Each group (consisting of two students) should submit the following:

Activity list with estimated durations for each activity using different methodologies. Project schedule showcasing the estimated start and end dates for each activity based on the chosen estimation methodologies. Report summarizing the impact of estimation methodologies on the project duration, including justifications and recommendations. Any supporting calculations, assumptions, or references made during the estimation process. Remember to provide clear instructions, deadlines, and expectations regarding formatting, references, and the submission process. Encourage students to think critically and justify their choices for each estimation methodology based on the given project data and hypothetical historical/similar project data.

Please note that the provided assignment guidelines are a starting point, and you can modify and expand them as needed to align with your specific requirements and course objectives.

Part - 4 Submission Guidelines:

Word limit - Maximum 1200 - 1500 words Font - Arial, Size 12 Double spacing Font colour - Black Start with a cover/title page and the content page - Free free to design the cover page and logo per your business brand. Add page numbers Use heading and subheading to mark the sections clearly Use bullet points to highlight the main ideas and then elaborate if needed. Use short paragraphs, Do not write the report in essay format. Add visuals, graphs, and tables to support your analysis. Add references at the end. Please use MLA citation in the report. Negative marking for poor Grammar and formatting (up to -2) Submit your Report in pdf format only Please check the assignment guideline document for the assessment rubric

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Assignment Title: Home Renovation Case Study - Estimating Activity Duration using Multiple Methodologies The objective of this assignment is to assess your understanding and application of various estimation methodologies for activity duration in the context of a home renovation project

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