The insurance company’s lease has already ended and there is no scope for the renewal hence, the company will need to move to other location. Insurance company is about to relocate their office location from the existing place to the suburb location where the new facilities of the office must be introduced. This must be accomplished with least disruption to the staffs and employees working in the workplace. The estimated timeline for the project delivery is six weeks, the previous landlord has already renowned the existing place. Hence, an effective project planning is required for delivering the entire project as discussed in this report. This paper will be focusing on the delivery and management of the project under effective managerial strategies.
Purpose: The purpose of this project is to smoothly execute the office move project and make sure that the relocation is accomplished within the estimated timeline and budget. Scope: Scope of the project is to move all the possible equipment and objects from the existing office to the new office within the specified timeline considering the comforts and facilities for the staffs and employees (Kloppenborg, Anantatmula & Wells 2018, p.65-66). Time: The estimated timeline for the delivery of the project is two months or 56 working days with eight hours a day working. The goal will be to complete the project in 50+-10% days. Cost: the estimated budget for the project is $100,000 and hence, the estimations will be made to make sure that the project is completed within $90,000+-10%. Quality: The quality will be measured through comparing the comfort level of the employees and staffs of the insurance company through comparing the existing office facilities with the new office facilities. The ultimate scope of the project is to meet these constraints and make sure that the entire project is delivered within the estimated boundaries.
The aim of this business case is to integrate the organizational goals and objectives with the project scope and objectives and make sure that the final delivery of the project meets the expected outcome (Kloppenborg, Anantatmula & Wells 2018, p.66). The relocation of the office will be accomplished without altering the ongoing daily operational activities and the entire project will be delivered within the provided timeline. The project delivery will allow the staff members to use the new office place for delivering daily operational activities without any hassle.
The project is needed to be delivered as the existing property is not under the insurance company and the agreement has already ended. This needs to be delivered within the expected constraints without altering the existing operations and the comforts of the employees.
It is being assumed that the selected property will have all the necessary facility that is required for the better benefits and operation deliveries. The other consideration being made emphasizes on the availability of all the resources and materials throughout the project lifecycle.
The milestones of the project can be listed as following:
Milestones |
Completion date |
Judging Authority |
Acceptance criteria |
Insurance company relocation initiation |
Mon 18- 03- 2019 |
CEO of Insurance company |
The project should result in expected outcomes |
Project planning |
Fri 29-03-19 |
Branch Manager |
The planning should demonstrate schedule and budget as per the baseline set |
Analyzing the requirements |
Thu 11-04-19 |
Branch Manager |
The staffs and employees must be talkative about their needs and requirements |
Packing the existing office materials |
Thu 09-05-19 |
Branch Manager |
All the necessary materials must be packed with safety |
Transporting |
Mon 13-05-19 |
Branch Manager |
All the parcels must reach the new office location |
Unpacking |
Mon 20-05-19 |
Branch Manager |
All the necessary materials must be unpacked |
Setting workplace |
Thu 30-05-19 |
CIT Manager |
The computers, systems and networks must be established |
Allowing the new workplace to be open for every staff member |
Thu 06-06-19 |
Branch Manager |
The workplace should be suitable for the individuals for delivering daily operational activities |
The project activities must be delivered accordingly and the acceptance criteria should be covered in manner to accomplish the daily operational activities and assuring that the project meets the final expectation of the employees and the company (Kloppenborg, Anantatmula & Wells 2018, p.67). It is crucial for the project to be successful that it meets the acceptance criteria as per the organizational goals and objectives.
It is arguable that the risks cannot be eliminated to the extension level as it will always be there considering the delivery and management of the entire project (Kloppenborg, Anantatmula & Wells, 2018, pp.67-68). However, the impacts of the risks could possibly be minimized to the extension level through adopting the proper and effective countermeasures those could possibly allow the project to be delivered within the estimated time and budget. The relocation of the office will have many aspects for the considerations those could possibly lead to the uncertainties as mentioned in the following table (Kloppenborg, Anantatmula & Wells 2018, p.68):
Risk |
Description |
Risk Owner |
Impact |
Probability |
Mitigation |
Budget escalation |
Budget of the entire project might exceed from the estimation due to other uncertainties |
Project Manager/Branch Manager |
High |
Very High |
Develop sophisticated plan considering all the resources |
Schedule escalation |
schedule of the entire project might exceed from the estimation |
Project Manager |
Very High |
Very High |
Develop sophisticated plan considering all the aspects |
Scope creep |
The scope being developed might not meet due to not meeting the many project deliverables |
Project Manager |
Very High |
Low |
Manage the entire project under proper guidance and leadership |
Insufficient resource meeting |
There are the possibilities that the resources might exceed the original demand or could not meet the needs |
Resource Manager |
Low |
Low |
Resource management and planning efficiently |
Inefficient delivery and satisfaction level of the consumers |
Proper business requirements and identification of the user needs and requirements prior to the project delivery |
Business Analyst |
High |
Medium |
Proper, effective and suitable planning for the management and delivery of the entire project |
Project management put higher concern over the determination and estimation of the stakeholders as it could allow in the development of the strategic plan that can allow the project to be delivered within the estimated timeline and budget and manage the deliverables accordingly (Kloppenborg, Anantatmula & Wells 2018, p.69). It is necessary for a sophisticated project plan to estimate and identify the internal and external stakeholders for the management and delivery of the project. According to (Nguyen et al. 2017), contribution of the stakeholders in efficient way is the crucial way for the successful delivery of the project and it can be accomplished through better management of the project manager.
Following stakeholder analysis is developed considering the case study:
Stakeholders |
Priority |
Influence on project |
Staffs involved |
Medium |
Manage the daily operational activities throughout the project lifecycle |
Sponsors/ CEO of insurance company |
High |
Provide necessary funding required for the delivery and management of the entire project |
End customers of insurance company |
High |
Avail the services and provide necessary feedback |
Employees of the insurance company |
Medium |
Support the ongoing changes and cooperate whatever required for the final relocation |
Project Manager/ branch manager of insurance company |
High |
Take the necessary decision makings related to the ongoing project and manage project deliverables |
Suppliers, supplying resources |
Medium |
Make the availability of necessary resources required for the project delivery |
Local residents |
Medium |
Cooperate with the work and support the ongoing relocation without any resistance |
Resource estimation is an important factor for dividing the entire project into breakdown and estimating the budget breakdown without altering the possible benefits. According to (Kloppenborg, Anantatmula & Wells 2018, p.69), the estimation of resources helps in achieving the developed scope and objective of the project in much efficient and effective manner. Following are the resources those are crucial for the delivery of the project within estimated budget:
Resource Name |
Type |
Std. Rate |
Project Manager |
Work |
$50.00/hr |
Business analyst |
Work |
$40.00/hr |
market analyst |
Work |
$40.00/hr |
Designers |
Work |
$40.00/hr |
Technicians |
Work |
$25.00/hr |
IT professionals |
Work |
$25.00/hr |
Packers and Movers |
Work |
$20.00/hr |
Transporting |
Material |
$1,000.00 |
Miscellaneous |
Material |
$100.00 |
Other assigned staffs |
Work |
$20.00/hr |
It focuses on the development of the strategies and set of rules that must be followed for the delivery of the entire project (Kloppenborg, Anantatmula & Wells 2018, p.69). Considering the case study, following are the set of principles:
Lessons learnt must be recorded in the closure phase in manner to make sure that the documentation can be followed in future for managing the delivery of the similar projects (Kloppenborg, Anantatmula & Wells 2018, p.70). The lesson that are learnt from the past experiences can be utilized to make the propose project more effective. Following is the list of learning:
References
Kloppenborg, TJ, Anantatmula, V & Wells, KN 2018, Contemporary Project Management, 4th edn, Cengage Learning, Boston, MA, USA, pp. 65-70.
Nguyen, T, Chileshe, N & Rameezdeen, R 2017, ‘External stakeholder strategic actions in construction projects: a Vietnamese study’, Construction Management and Economics, pp. 1-10.
We provide professional writing services to help you score straight A’s by submitting custom written assignments that mirror your guidelines.
Get result-oriented writing and never worry about grades anymore. We follow the highest quality standards to make sure that you get perfect assignments.
Our writers have experience in dealing with papers of every educational level. You can surely rely on the expertise of our qualified professionals.
Your deadline is our threshold for success and we take it very seriously. We make sure you receive your papers before your predefined time.
Someone from our customer support team is always here to respond to your questions. So, hit us up if you have got any ambiguity or concern.
Sit back and relax while we help you out with writing your papers. We have an ultimate policy for keeping your personal and order-related details a secret.
We assure you that your document will be thoroughly checked for plagiarism and grammatical errors as we use highly authentic and licit sources.
Still reluctant about placing an order? Our 100% Moneyback Guarantee backs you up on rare occasions where you aren’t satisfied with the writing.
You don’t have to wait for an update for hours; you can track the progress of your order any time you want. We share the status after each step.
Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.
Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.
From brainstorming your paper's outline to perfecting its grammar, we perform every step carefully to make your paper worthy of A grade.
Hire your preferred writer anytime. Simply specify if you want your preferred expert to write your paper and we’ll make that happen.
Get an elaborate and authentic grammar check report with your work to have the grammar goodness sealed in your document.
You can purchase this feature if you want our writers to sum up your paper in the form of a concise and well-articulated summary.
You don’t have to worry about plagiarism anymore. Get a plagiarism report to certify the uniqueness of your work.
Join us for the best experience while seeking writing assistance in your college life. A good grade is all you need to boost up your academic excellence and we are all about it.
We create perfect papers according to the guidelines.
We seamlessly edit out errors from your papers.
We thoroughly read your final draft to identify errors.
Work with ultimate peace of mind because we ensure that your academic work is our responsibility and your grades are a top concern for us!
Dedication. Quality. Commitment. Punctuality
Here is what we have achieved so far. These numbers are evidence that we go the extra mile to make your college journey successful.
We have the most intuitive and minimalistic process so that you can easily place an order. Just follow a few steps to unlock success.
We understand your guidelines first before delivering any writing service. You can discuss your writing needs and we will have them evaluated by our dedicated team.
We write your papers in a standardized way. We complete your work in such a way that it turns out to be a perfect description of your guidelines.
We promise you excellent grades and academic excellence that you always longed for. Our writers stay in touch with you via email.