breach of contract at any time.10Propertysits empty on the marketLowLowExtends project life cycleand increasesholding costs.Deploy various marketingstrategies to sell property Start tryingto sell the property before completionPropertyManagerPlanned: Property Manager has realtors to market the property to home buyers in advanceProject EvaluationProject SuccessThe implementation of this project executed in a timely and orderly fashion in accordance with the project schedule. Some project jobs were completed sooner than expects andother jobs took an additional day to complete. All in all, the project was completed on the expected date
Executive Summary, Evaluation, and Plan21Business Objectives MetThe results of this project yield a high return for Jackson & Marshall Investments which is always an indication of a successful project. Furthermore, this project successfully managed torehabilitation of a single-family home that was able to revitalize a once thriving historic neighborhood and increases the property value of other home owners in the area. This project leveraged as an asset once leased by the property management company. The objective adhired to a strict budget restraint on labor and materials and demonstrated clear communication to contractors, timely completion of construction punch list items, and strict quality control to ensure the final product was worth the estimate repair value.Lessons LearnedFrom this project we were able to collect data to improve project life cycle measurement in the future. This project allowed us the opportunity to implement new building techniques and communication methods to ensure successful project management. The greatest lesson learned would be leveraging other people’s abilities to accomplish more in the least amount of time. This project was a combination of effectiveness and efficiency at it’s finest. It is due to the strong work ethic and discipline of the project team that we were able to complete this single-family home rehab on time.
Executive Summary, Evaluation, and Plan22Reference ListHendrickson, C. (2008). Project Management for Construction Fundamental Concepts forOwners, Engineers, Architects and Builders. Retrieved 2018, from Henley, B. (2015). Planning and Managing A Construction/Renovation Project. Retrieved2018, from -Renovation-Project.pdf
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- Project Management, Vanessa Jackson