Project Monitoring and Control Process Plan: You have a Project Budget for building a five-bedroom house...

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General Management

Project Monitoring and Control Process Plan:
You have a Project Budget for building a five-bedroom house inAshburn, VA. Assume that your building project is two months behindand has a $100,000.00 cost overrun. This should not be a surpriseto you because of the monitoring processes. Identify and discusssome of the monitoring processes that could have alerted you of theschedule and cost problems. What are some of the controlling stepsyou would take to bring both the schedule and the cost back ontrack? Be sure to justify your answers. . Your Project Monitoringand Control Process Plan should be at least two pages including asummarization and conclusion page. If necessary, include data fromthe Project Budget and Project Schedule in the table shown below tosupport your schedule and cost problems.
Unit 5Project:
Activity Description Start Date End Date Days to complete Est $
Architectural Design 5/1/2018 5/15/2018 14 50,000
Procurement of machinery 5/15/2018 5/30/2018 15 60,000
Hiring Labor 5/31/2018 6/10/2018 10 120,000
Work and Environmental Permits 7/27/2018 8/6/2018 10 25,000
Site Security 8/18/2018 4/30/2020 731 20,000
Concrete 8/18/2018 8/31/2018 15 80,000
Lumber Procurement 9/1/2018 9/11/2018 10 80,000
Material Storage 9/1/2018 4/30/2020 637 10,000
Scaffolding Erection 9/12/2018 9/17/2018 5 25,000
Framing 9/15/2018 1/13/2019 120 130,000
Roofing 1/14/2019 2/13/2019 30 40,000
Plumbing 2/14/2019 3/17/2019 30 30,000
Electrical 3/18/2019 4/17/2019 30 30,000
HVAC 4/18/2019 6/2/2019 45 40,000
Windows and Doors 6/3/2019 8/2/2019 60 20,000
Drywall 8/3/2019 9/12/2019 40 45,000
Interior Design 9/13/2019 10/23/2019 40 15,000
Paint and Wood Finishing 10/24/2019 12/23/2019 60 40,000
Cabinetry 12/24/2019 1/8/2020 15 40,000
Plumbing Fixtures 12/24/2019 1/8/2020 15 20,000
Lighting Fixtures 12/24/2019 1/8/2020 15 20,000
Flooring 1/9/2020 1/30/2020 21 30,000
Interior Decorator and Decorations 1/31/2020 2/20/2020 20 20,000
Exterior Rock 2/21/2020 3/22/2020 30 50,000
Landscaping 3/23/2020 4/15/2020 23 30,000
Cost of Construction 1,040,000
Contingency (2%) 4/16/2020 4/30/2020 14 19,800
Total 1,059,800

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4.3 Ratings (867 Votes)

The major concern at the inception of any project is timely completion within the budgetary allocation This is however impossible to achieve without constant monitoring and timely action against deviations if any The importance of this was recognised by organisations which have project based activities and gave birth to a different organisational structure based on projects A well prepared project monitoring and control process plan can go a long way in the final outcome and ensure the success of the project The monitoring plan is synonymous with the project plan itself and needs to work in close synchronicity with the project activities at each step It needs to identify the project activity the resources available the steps involved and identification of risks involved Next step would be to measure the progress of activity as per schedule and identify deviations if any in terms of time taken or resources See Answer

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Unit 5Project:
Activity Description	Start Date	End Date	Days to complete	Est $

Architectural Design	5/1/2018	5/15/2018	14	50,000
Procurement of machinery	5/15/2018	5/30/2018	15	60,000
Hiring Labor	5/31/2018	6/10/2018	10	120,000
Work and Environmental Permits	7/27/2018	8/6/2018	10	25,000
Site Security	8/18/2018	4/30/2020	731	20,000
Concrete	8/18/2018	8/31/2018	15	80,000
Lumber Procurement	9/1/2018	9/11/2018	10	80,000
Material Storage	9/1/2018	4/30/2020	637	10,000
Scaffolding Erection	9/12/2018	9/17/2018	5	25,000
Framing	9/15/2018	1/13/2019	120	130,000
Roofing	1/14/2019	2/13/2019	30	40,000
Plumbing	2/14/2019	3/17/2019	30	30,000
Electrical	3/18/2019	4/17/2019	30	30,000
HVAC	4/18/2019	6/2/2019	45	40,000
Windows and Doors	6/3/2019	8/2/2019	60	20,000
Drywall	8/3/2019	9/12/2019	40	45,000
Interior Design	9/13/2019	10/23/2019	40	15,000
Paint and Wood Finishing	10/24/2019	12/23/2019	60	40,000
Cabinetry	12/24/2019	1/8/2020	15	40,000
Plumbing Fixtures	12/24/2019	1/8/2020	15	20,000
Lighting Fixtures	12/24/2019	1/8/2020	15	20,000
Flooring	1/9/2020	1/30/2020	21	30,000
Interior Decorator and Decorations	1/31/2020	2/20/2020	20	20,000
Exterior Rock	2/21/2020	3/22/2020	30	50,000
Landscaping	3/23/2020	4/15/2020	23	30,000
Cost of Construction				1,040,000
Contingency (2%)	4/16/2020	4/30/2020	14	19,800
Total				1,059,800