Question

Beachside cottage

You have inherited an old beachside cottage. You have visited the site and made an inspection. The
house needs a great deal of repair work to make it liveable. You have itemised the most important
things that need to be done and think it will take a team of workers about 2 weeks to complete.
You plan to use this house for vacations and as a rental property through Airbnb. In fact, some of
your work colleagues have already expressed interest in renting it soon as the property is finished.
You have obtained a loan from the bank of $20,000 - that believe that will give you enough money to
buy the supplies and have a spending budget with help from a local contractor and two apprentices.
You yourself have committed to working 80 hours over your vacation to fix up the house, but you
are unskilled at carpentry. Your vacation of two weeks starts on Monday the 1st of June, and you
prefer to be present when the contractor is on site. Assume you, the contractor and his apprentices1
all can work up to 8 hrs per day, 5 days per week.
You expect that within 2 years of renting the property you will have earned enough money to repay
the bank loan.

The project report must follow the following sections:
2.1. WBS
2.2. RACI Chart
2.3. Schedule 1 – Gantt
2.4. Schedule 2 - AoN
2.5. Resource overloads
2.6. Budget
2.7. Progress Reporting (Timelines)
2.8. Progress Reporting (EVM)
2.9. Risk Management
2.10. Change Management
2.11. Stakeholder identification & communication
2.12. Project Closure

Answer 1

2.1 WBS:

2.2

RACI matrix

Activities	Owner	Carpentar	Apprentice 1	Apprentice 2
Securing Finance	R/A
Hiring carpentar	R/A
Inspection	R	A
Allocating Jobs to carpentar	R	C	I	I
Allocating Jobs to apprentice	C	R/A	I	I
Woking on the jobs allocated to self	R/A	C	I	I
Working on jobs allocated to carpentar	I	R/A	C	C
Working on jobs allocated to apprentice1	I	C	R/A	C
Working on jobs allocated to apprentice 2	I	C	C	R/A

2.3 Gantt Chart will be created basis the project schedule and network diagram. A CPM method will be used to figure out the critical path and accordingly the Gantt chart will be created