Home > Free Essays > Tech & Engineering > Project Management > Project Management – House Refurbishment
Rate

Project Management – House Refurbishment Essay

Exclusively available on IvyPanda Available only on IvyPanda
Updated: Dec 22nd, 2019

The art of managing multiple tasks in a project is referred to as project management. House refurbishment is a project that requires a competent contractor with a perfect project plan.

The contractor should be able to manage the work to completion. House renovations can be tasking, because it requires precision and speed. A good project management plan has five basic components, which include project definition, project planning stage, project implementation, project regulator, and project finishing.

The project definition

A contractor outlines the objectives of his/her mission, and the components that are required to execute the project. The contractor should be able to produce a list of materials and inputs required for the renovation work. The house owner will have to see that the project plan meets his/her requirements before funding the project. The quickest way to fail in a house renovation plan is not to have a well-defined project plan.

Planning stage

This stage consists of the project timeline, and the project schedules for the house to be refurbished. The contractor will efficiently manage site tasks, day-to-day activities on a paper before the actual work commences. Without a paper work, it may be difficult to have a quality project implementation. At this stage, the project contractor will have a list of people that will be on his/her project team and how they will execute the work.

Project implementation

This is the work stage. The materials are on ground, and the laborers are in sight. The renovating work has started and work is in progress. This stage requires less stress and may be the last stage that must be done before the project handover.

By the time the work is completed, the project contractor and the owner of the house will harmonize their differences in the contract sum and any other task relating to the project.

Risk assessment

The risk involved in a project implementation, is the choice of a contractor or the project manager. If the contractor is not qualified for the work, but eventually wins the contract, it will be a failed project from the start. There are factors to consider in choosing your contractor. The contractor must have a list of references from customers that can testify about the quality of his/her work.

The contractor must be covered by an insurance scheme because of unforeseen hazards. For example if a contractor accidentally dies during work, it can cause problems for the project owner if the contractor is not covered by any insurance scheme.

Thus in order to avoid this problem, the choice of a contractor must meet specific requirements. A qualified contractor should be able to produce a precise risk assessment of the project, thereby reducing hazards for the project.

In a situation where there is no binding agreement for the contract, both parties may enter into conflict with payments. Do not fall for any cheap contractor who insists that the terms of the agreement should be informal. A well-written contract paper will be used even as a legal document whenever the need arises.

It will also state the cost required to fund the project, and all the details of how the funds will be released. This is where most projects are terminated because of bridge of contract terms from one of the parties involved. Finally, if the risks are known, then project implementation will be successful.

This essay on Project Management – House Refurbishment was written and submitted by your fellow student. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly.
Removal Request
If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda.
Request the removal

Need a custom Essay sample written from scratch by
professional specifically for you?

Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar
Writer online avatar

certified writers online

Cite This paper
Select a url citation style:

Reference

IvyPanda. (2019, December 22). Project Management - House Refurbishment. Retrieved from https://ivypanda.com/essays/project-management-house-refurbishment/

Work Cited

"Project Management - House Refurbishment." IvyPanda, 22 Dec. 2019, ivypanda.com/essays/project-management-house-refurbishment/.

1. IvyPanda. "Project Management - House Refurbishment." December 22, 2019. https://ivypanda.com/essays/project-management-house-refurbishment/.


Bibliography


IvyPanda. "Project Management - House Refurbishment." December 22, 2019. https://ivypanda.com/essays/project-management-house-refurbishment/.

References

IvyPanda. 2019. "Project Management - House Refurbishment." December 22, 2019. https://ivypanda.com/essays/project-management-house-refurbishment/.

References

IvyPanda. (2019) 'Project Management - House Refurbishment'. 22 December.

More related papers
Psst... Stuck with your
assignment? 😱
Hellen
Online
Psst... Stuck with your assignment? 😱
Do you need an essay to be done?
What type of assignment 📝 do you need?
How many pages (words) do you need? Let's see if we can help you!