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The Mortgage Place - Project Integration Management

Autor:   •  April 8, 2018  •  1,980 Words (8 Pages)  •  606 Views

Page 1 of 8

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THE MORTGAGE PLACE

Activity

Description

Preceding Activity

Activity Time

Slack Time

A

Secure an office premise and equipment’s

10 days

0

B

Staffing

A

5 days

0

C

Induction of the staff members

B

2 days

0

D

Training

A

3 days

4 days

E

Setting performance standards

C,D

1 day

0

F

Create awareness of the existence of the company

E

5 days

0

G

Hold a seminar with similar firms

F

4 days

0

-

Project Priority matrix

Time

Performance

Cost

Constrain

[pic 1]

Enhance

[pic 2]

Accept

[pic 3]

-

Project Responsibility matrix

Responsibility Matrix for Opening the Business

Deliverable

Owner

Recruiting

Accounting

Secretarial

Secure an office premise and equipment’s

1

Staffing

1

Induction of the staff members

1

Training

1

Setting performance standards

1

3

4

3

Create awareness of the existence of the company

1

2

4

2

Hold a seminar with similar firms

2

1

4

4

1

Write/Responsible

2

Contribute/Consult

3

Acknowledge/Accept

4

Support

-

Cost Estimates

This section is about estimating costs, developing the project budget and controlling costs throughout the project life cycle. Costs should be planned, quantified and measured.

-

Techniques of Estimation

The high-low method was used to generate the cost estimates. This method takes into consideration the highest and the lowest possible levels of costs that con be incurred during the task. I choose this method since it reduces the chances of under-budgeting for the project.

The estimates for the prospective activities and acquisitions are:

Securing of an office premise and equipments

Office premise

Furniture

Stationery

30,000

1000

100

Staffing

200,000

Induction of the staff member

Facilitators

meals and hospitality

100,000

20,000

Training

Trainers

Meals and hospitality

25,000

20,000

Create awareness of the existence of the company

Bill boards, posters, website, business cards

...

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