Columbia Southern University Unit VII Managing Project Teams Discussion

Instructions

Scenario: You are the project manager responsible for a new buildingconstruction in northern Virginia. The building is worth $500,000 and will havefive bedrooms, a kitchen, landscaping, and a two-car garage to be completed intwo years. This was agreed upon in a firm fixed contract. During the execution(construction) of the building, you realize that the cost of materials havegone up by 10%, and your schedule is behind by 90 days due to delays fromcounty inspections and permit processes. You also notice that if you continuewith the current cost rate and schedule rate that the total cost to completethis house would be $600,000 and delivered three months late.

Submit a three-page report explaining the reasons for these variances fromyour original project management plan and the proposed steps on how you aregoing to control the cost and schedule to achieve the contract threshold of$500,000 to be delivered in two years. Your plan must include thefollowing:

• Address identifications of impacted activities with their cost andschedule attributes, remembering to account for contingencies.
• Address explanations of the roles your project management team will playduring the execution of your project management plan and how they will helpyou to control the issues that are arising during the project.
• At the end of your essay, add a separate section entitled, “Reflections onMy Learning.” In this stand-alone section, summarize what you have learnedin doing the research, reading the textbook, and reading the writtenlessons in regard to project management and how it impacted your decisionsin this essay.

Refer to the execution and control process examples in the Handbook of project-based management: Leading Strategic change in organizations textbook, Chapter 17 (document pages attached for reference). Include at least one additional source to support your ideas, thoughts, and theories. Use APA format to document your sources in-text and in your “References” list at the end of the essay.