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You have inherited a century old farm house and acreage in a rural area. You have visited the site and made an inspection. The house

You have inherited a century old farm house and acreage in a rural area. You have visited the site and made an inspection. The house needs a great deal of repair work to get it marginally liveable. You have itemized the most important things that need to be done and estimated the time required as shown below. You plan to use this house for vacations and as a rental property through Airbnb. In fact, your work colleague as already expressed interest in staying over as soon as the property is finished. Your parents have sponsored you with a personal loan of $10.000, - that will give you enough money to buy the supplies and have a spending budget on help from a local contractor and two of his apprentices. You yourself have committed to working 80 hours over your vacation to fix up the house, but you are terrible at carpentry and painting. Your vacation of two weeks starts on Monday the 1st of June, and you prefer to be present when the contractor is on site. Assume you, the contractor and his apprentices all can work up to 8 hrs per day, 5 days per week. You expect that within 2 years of renting the property you will have earned enough money to repay your parents. Each activity is to be performed by one person only.

List of Most Important Fixes (not necessarily in order of schedule or priority):

1

Purchase supplies

2

Hang new curtains

3

Repair wooden shutters

4

Paint shutters

5

Hang shutters

6

Repair wooden porch

7

Paint porch

8

Repair wooden floor

9

Sand floor

10

Refinish (paint) floor

11

Paint ceilings

12

Paint doors

13

Paint interior walls

14

Paint exterior walls

15

Wash exterior windows

16

Wash interior windows

Resources

Cost

Note

Supplies needed

$5.000

You

$0

Can do all jobs except carpentry and painting

Contractor

$125 per hour

Expert in carpentry

Apprentice I

$60 per hour

Expert in painting

Apprentice II

$40 per hour

Can do all odd jobs (except carpentry and painting)

Based on the project brief and the list of work packages, please list the milestones you would identify for this project. The first and last are already given for you. Estimate a completion date for each milestone, as well as what the acceptance criteria would be. Also think about who should judge whether or not the criteria have been met.

Milestone

Completion Date

Acceptance Criteria

Stakeholder Judge

Charter signed off

Project completion

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