Blake FelsonMay 5, 2010DS 856: Seminar in Project Management

72 unit luxury apartment building

Built in 1971

Attracts high rents due to location and strong amenity package

Showing age and losing ability to compete with new high rise buildings in SOMA

Objective: To plan and renovate the building lobby and exterior façade in less than 10 months within a budget of $675,000.*

(*not actual numbers)

To complete the project on time and under budget

To enhance the prestige of the property which will in turn raise rents and lower

vacancy

To not receive any Government citations or fines

To keep noise and overall disruption at a minimum

Lobby Renovation Plan

• New mezzanine window guard

• New wall tile

• New floor tile

• New column casing

• New lighting

• New furniture

• Store front extended out

• New entrance doors

• New glass awning

• New light fixtures

• New paint

Preconstruction Activities (132 days)

Construction Activities (105 Days)

Post Construction Activities (16 Days)

Success

BudgetClient

Acceptance

Schedule Performance

Longest Activities Create Construction Drawings (30 days)

Construction Contractor Bid Solicitation (30 days)

Fabrication of Storefront (28 days)

Architect Bid Solicitation (20 days)

Fabrication of Glass Awning (20 days)

Solutions

Set Fabrications to begin upon approval of Construction Drawings, not upon Fire Dept. Permit Approval (speeds up project 15 days)

Crashing of Fabrication Activities

Mezzanine Window Guard Speed up by 7 days @ $1,200 per day

Reject – preceding task (fire sprinklers) will be completed in time, installation not a predecessor to next task

Storefront Speed up by 3 days @ $1,150 per day

AcceptAccept – Fabrication is precedent to Removal of Storefront, crashing allows installation to begin 3 days earlier

Glass Awning Speed up by 4 days @ $900 per day

Reject – installation cannot begin until storefront is installed

Project is ahead of Baseline Schedule

Crashing costs will be allocated from Budget Contingency Reserve