Cpmgt 305 - Preliminary Project Plan

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Faculties

With this move, the organization needs to procure a number of assets. Of course, the facilities and the associated lease will need to be purchased. Axiomatically, the new building will require signage, as well as insurance. Also, beverage services, trash disposal, and required cleaning supplies will be required.

Rentals, Subscriptions, and Supplies (Expensed Cost)

Name

Type

Projected Costs

Building Lease

Rental

$10,000 per month

Signage for New Location

Subscription

$15,000 annually

Insurance for new space

Subscription

$1,000 annually

Beverage Service (Vending)

Subscription

$10,000 setup

Trash Disposal [Garbage]

Subscription

$800 per month

Trash Disposal [Recycling]

Subscription

$200 per month

(Courtesy of Cost Helper Inc., Guidance Corporate Realty Advisors, & Kenexa)

Equipment

From a telecommunications perspective, the Boardman Management Group will need new phone and fax numbers. With respect to equipment, chairs, desks, system furniture, office equipment, keys, security cards, a new security system, as well as a new phone system will need to be acquired. The phone system will include new phone and Internet lines. Of course, old equipment and furniture will need to be disposed of.

Equipment (Capitalized Cost)

Name

Projected Costs

Chairs

$3,000 purchase

Desks

$7,000 purchase

Systems Furniture

$2,000 purchase

Office Equipment

$10,000 purchase

Keys and Security Cards

$1,000 purchase

Phone System

$5,000 purchase

Phone Lines

$200 purchase

Internet Lines

$1,800 purchase

Security System

$5,000 purchase

(Courtesy of Jane, Ladies Who Launch, & Resource Nation, Inc.)

Potential Gains

It could be very beneficial for the company to consider holding an auction for employees. Waste costs could be avoided, and the equipment could be repurposed for alternative uses. In fact, the company may even be able to secure additional funds from the auction.

Conclusion

The PMBOK Guide defines developing a project management plan as “The process of defining, preparing, and coordinating all subsidiary plans and integrating them into a comprehensive project management plan. The project’s integrated baselines and subsidiary plans may be included within the project management plan” (Project Management Institute, 2008). Unequivocally, it’s a very important aspect to any successful project.

This project is very feasible, and certainly attainable. It’s beneficial to both the Boardman Management Group and the Baderman Island Resort. With the successful completion of this project, the resort should feel the effects of direct management. Once more, the management group will be placed in the most advantageous position to available to best direct resort operations. In the end, the economic, logistic, and holistic rewards of this project could be astronomical.

References

Adams, J. M. (2013). Vending machine as a business. Retrieved from

http://joshuamadams.hubpages.com/hub/Vending-Machine-As-A-Business

Apollo Group, Inc. (2012). Baderman Island Resort. (University of Phoenix) Retrieved from

https://ecampus.phoenix.edu/secure/aapd/CIST/VOP/Business/BadermanIsland/internet/index.asp

Apollo Group, Inc. (2012). Boardman Management Group. (University of Phoenix).

Retrieved from https://ecampus.phoenix.edu/secure/aapd/CIST/VOP/Business/BoardmanManagementGroup/internet/index.asp

BIN Insurance Holdings, LLC. (2013).

What is the cost of general liability insurance for a small business?. Retrieved from http://www.techinsurance.com/ask-us/business-insurance-costs/cost-of-general-liability-insurance/

City of Seattle. (2013). Garbage Rates - Commercial. Retrieved from

http://www.seattle.gov/util/ForBusinesses/SolidWaste/GarbageBusinesses/Commercial/CommercialGarbageRates/index.htm

Consumer Agent Portal, LLC. (2013). How much does business insurance cost?. Retrieved from

https://www.trustedchoice.com/business-insurance/compare-coverage/cost/

Cost Helper, Inc. (2013). Signage Cost. Retrieved from

http://smallbusiness.costhelper.com/signage.html

Guidance Corporate Realty Advisors. (2013). Calculate your office space costs.