Essentials of project management: Townhouse building project
Learning solution summary:
You have decided to build a townhouse for yourself, which is delivered to you as a prefabricated house delivery. You will act as a project manager for the project. In the project you need to balance project cost, schedule and quality, continuously monitor and control project progress, and manage project risks.
Learning outcomes:
- Utilize activity network calculation in the management of the project schedule
- Estimation of the project progress and application of earned value analysis in the estimation of total cost and time at completion
- Identify and assess risks and their effects as well as plan risk management responses
- Understand the implications of uncertainty and risks on project schedule and procurement management
- Calculate the project budget and understand the importance of contingency planning and management
Game duration: 60 min
Key tasks and skills: Project cost and schedule management, project risk management