PROJECT MANAGEMENT COST

Project Management Cost

[Name of the Institute]Project Management Cost

Introduction

Applying the concepts and techniques of project management to the analysis of the development of statement of work (SOW), work breakdown structure (WBS), project network diagram, and Gantt chart based on case study. This assignment focuses on the case study of “Woody 2000 Project” and develops the case study and also prepares a project proposal to solve the problems mentioned in the case study.

Description

Background of the Organization

The Custom Woodworking Company is primarily a company involved in the business of manufacturing cabinet and other furniture of small to medium sizes. The Chief Executive Office and the Chairman of the organization is Mr. Ron Carpenter, his wife Mrs. Emelia Carpenter now runs the company efficiently because her husband is in his late sixties.

Ron Carpenter is tenderly known to all as "Woody" thus the organization is for the most part regarded as "Woody's". Woody, after an apprenticeship as a bureau creator, began his little furniture assembling business in 1954 and he and his wife moved to their present area in 1959. The organization rapidly picked up notoriety for magnetically outlined and overall developed furniture, utilizing foreign made hardwoods and indigenous softwoods for its items. Woody's currently generates custom furniture to request, a few lines of furniture for wholesaler/retailers, and various varieties of standard kitchen and lavatory bureaus, incorporating units made to request.

Through the years the Carpenters pressed on to thrive and advanced a faithful staff and work power. All the more as of late their offspring, John Carpenter has joined the organization's administration in the wake of having got a trade degree at the nearby school. At John Carpenter's request, tricked by more extended processing runs and higher and more reliable imprint ups, the organization has moved into subcontract work supplying and fixing ledges, bureaus and comparative apparatuses for new advertisement development. To date, Woody's has made a generally established notoriety for supplying millwork to the development business.

The “Woody 200 Project” is aimed to increase the production capacity of the organization; almost 25% space of the existing floor would be added. The installed facility would also include air-conditioning and a free from duct paint shop, finishing shop along with a compressor facility. The cost estimated for this project is almost $17 million excluding renovation of the office.

Objective of the Proposal

The essential goal of this proposal is to perform point by point needs appraisal for the necessities important to meet an expansion in bargains incomes produced and to figure out what kind of extension or overhaul to the office might be required to meet said development. The subordinate destinations to incorporate the accompanying:

Review present handling limits and advances an investigation to verify the most extreme yield the existing office can give.

Develop a five year verifiable money stream that incorporates sources and employments of trusts, customer recognizable proof and incomes created dependent upon segments, and rate of income development in the course of recent years with distinguishing what division the development originated ...