Reference no: EM132370338 , Length: word count:3000
Leading Lean Projects Assignment -
Case: Implementing lean project management to build your dream home.
Introduction - You have taken up a new job in Perth, Western Australia. Both your partner and you are very keen on wanting to build your own home. You come across the Keystart initiative by the government of Western Australia and have found out that you and your partner are eligible to apply. You have decided to submit an application, but will have to do the following:
Identify the suburb you want to build and decide the land size you want to buy (this will depend on the budget you are willing to spend on the land)
Research the market and identify potential home builders who will construct your dream home.
Finalise the layout /design and agree on the cost to build the house with the chosen builder
Enter into a deal
- Sign a land contract with the land developer - you will need to pay a deposit of AUD$2000
- Sign a Pre-Work Construction (PWC) contract with the builder - you need to pay a deposit of AUD$2000 (in both contracts you have inserted the following clause: Deposit to be returned to client (in full) in the event of failure to obtain finance approval).
Finally, you are now ready to submit an application to Keystart (can be done through the builder) to obtain finance to build your dream home.
The above activities can be efficiently managed through key project management processes. Where possible, you can also aim to implement lean project management principles to successfully manage the above activities.
Tasks - Answer the following questions:
1. Select and explain the project management processes (either from PMBOK or PRINCE2 or a combination of any best practices you have learned in this unit) that can help you:
a. Choose the suburb and decide the land size.
b. Chose the best builder.
c. Identify the stakeholders for the project.
2. What are the factors that will influence the design and layout of your dream home? Explain the project management processes you used to determine the design/layout.
3. Explain how you would implement lean best practices to achieve lean project management for (1) and (2) above.
Attachment:- Leading Lean Projects Assignment File.rar
Fund the expected growth
: What amount of additional funds (AFN) will Worldwide Widget Manufacturing, Inc., need from external sources to fund the expected growth? What does the AFN show?
|
Discuss the team dynamics for highly effective
: Discuss the team dynamics for a highly effective or ineffective team of which you were a member. Can you explain why the team performed so well or so poorly?
|
The significance of information systems security policies
: Explain the significance of information systems security policies and challenges and issues associated with ineffective or nonexistent policies in organization
|
IT Ethics and Responsible Conduct
: Recently, a US Circuit Court upheld the enforceability of Website Terms of Service (ToS), even though the user did not have to click-through to agree.
|
Explain the project management processes
: PPMP20009 Leading Lean Projects Assignment, Central Queensland University, Australia. Explain the project management processes
|
Precise description of complexities in policy-making
: Discuss three competencies required by a policy informatics analyst. Give a brief, precise description of complexities in policy-making.
|
How to improve the companys financial performance
: Prepare a monthly operating budget for the first quarter with the following schedules. How to improve the companys financial performance.
|
What is the operating cash flow
: Hailey, Inc., has sales of $19,750, costs of $9,280, depreciation expense of $1,950, and interest expense of $1,440. Assume the tax rate is 30 percent.
|
Security transport professionals incorporated
: INFORMATION GOVERNANCE SEMESTER PROJECT - PHASE I Introduction to the Company: Security Transport Professionals Incorporated (STP),
|