included in the initial scope of work. Completion date is subject to change Assign optional Saturday work-days for any due to weather. A longer duration day during the week the team is unable to increases opportunity costs and cost work. of doing business. Construction is nearly complete, but t Manage and monitor resources closely by funds have been exceeded. reviewing, estimates, tracking invoices, and reporting any changes. Property sells for less than asking Base budget from accurate appraisal and price and money is lost. monitor spending closely. Regulatory cost/impact Property construction must adhere to the City of Little Rock Planning and Development guidelines if it is to keep its historical status and be eligible for rehabilitation grants. This will off set the initial cost of acquisition and construction, if approved. Permits are required for project dumpster in driveway, water/sewage adjustments, and electrical changes. Cost of permits totals $600.00 Revised to accommodate PMBOK® 10 th edition 9

Project CharterTemplate Roles and Responsibilities Identify all stakeholders and indicate their roles and responsibilities here. (You may use fictitious stakeholders in this section). Add additional table rows as needed. Role Name Organization and Position Contact Information Project sponsor D’Onte Marshall Jackson & Marshall Investments, Owner 501-773-8965 Project manager Lydia Page J&M Investments, PM 501-786-9575 Project Budget Approval Vanessa Jackson J&M Investments, VP Finance 501-786-9663 Project Marketing Stacey Doler Premier Property Management 501-489-6572 Sign-Off Included above. Comments No comments at this time. Revised to accommodate PMBOK® 10 th edition 10