Project Planning & Finance Control2Justification and Project PhaseThe effective planning of this project is essential to its successful completion. Therefore, each task should be precisely communicated and completed with diligence. Every contractor and project employee will have their daily tasks scheduled in advance. The first milestone is scheduled after the successful acquisition of the property. There is no time to delay work on the project because time is extremely valuable to – it is the only resource that cannot be acquired again once it is gone. Once there is a clear understanding of the life cycle for the project amongststakeholders, project expectations have been defined, and the proper construction permits have been secured then execution can begin.MilestonesProject deliverables begin after property acquisition is complete1.Take possessionEssential steps to the project planning and execution process predecessors to steps 8-25. 2.Contractor bids3.Property inspections4.Receive proposals 5.Utility locates6.Dumpster delivery7.PermitsBefore rehabilitation and construction can begin, the property must first be emptied, and old materials must be removed.8.Demolition (clean out property)Construction process begins9.Replace roofBefore interior updates can be completed, mechanical updates must be done. Predecessors to steps 13-25.10. Plumbing updates11. Hvac updates12. Electrical updatesOnce the house is enclosed, interior finishes can be put in place.
Project Planning & Finance Control313. Exterior doors and windows14. LandscapingPaint must be completed before finishes are place inside to avoid damage to materials.15. Exterior & interior paintThe following steps are completed towards the end of the project life cycle, after predecessors are completed.