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Project Planning for New Model Home Pre-construction

Project Planning for New Model Home Pre-construction. Rey Ross GBA 573 July 10, 2003. Project Overview. To increase efficiency in the homebuilding process and maximize profitability Assess and reduce risks that can cause delays before construction begins

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Project Planning for New Model Home Pre-construction

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  1. Project Planning for New Model Home Pre-construction Rey Ross GBA 573 July 10, 2003

  2. Project Overview • To increase efficiency in the homebuilding process and maximize profitability • Assess and reduce risks that can cause delays before construction begins • Standardize the pre-construction project plan to establish an accurate means of estimation for future projects

  3. Revenues/Cost

  4. Measures of Success • Increased profit as percent of revenue • Increased accuracy in project cost and schedule estimation • Decreased direct budget due to reduction in construction defects throughout the process • Decreased indirect budget due to efficient standardized project plan • Increase in customer satisfaction

  5. Feasibility Analysis

  6. Risk Management Strategy

  7. Communication Strategy • Weekly: Project Manager • Bi-weekly: Project Team • Monthly: Executive Committee • Quarterly: Sponsor or Equity Partner

  8. Gantt Chart

  9. Work Breakdown Structure • Plot Plans • Development Review • Model Interiors and Landscaping • Construction Loan • Plan Check & Final Pre-Construction

  10. Conclusion • Focused Team Members • Volatile Market – Risk assumed • Market sets the price • Due diligence • Communication • Market studies • Accurate forecasting

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