m8a1

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Excelsior University *

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390

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Electrical Engineering

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Dec 6, 2023

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docx

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22

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1 M8A1: Final Project Report Tyler Dugan B.S. Electrical Engineering Technology, Excelsior College IT390: Project Management Professor Simran Dhillon December 19, 2021
2 M8A1: Final Project Report Table of Contents 1. Project Proposal 2. Project Charter 3. Project Cost Estimate 4. Project Scope Statement 5. Project Gantt Chart 6. Project Communication Management Plan 7. Project Quality Management Plan 8. Project Risk Register 9. Project Change Request 10. Project Change Cause and Effect Diagram 11. Project Qualified Sellers List 12. Project Seller Agreement or Contract 13. Project Earned Value Calculations 14. Project Performance Report 15. Project Transition Plan 16. Project Lessons-Learned Report
3 1. Project Proposal Project Name: Brewery Capacity Upgrade Date:11/7/21 Introduction/ Background The brewing industry is a booming business that has existed for centuries, from monks brewing beer and supplementing their fasting rituals, to the modern-day homebrewer, making small batches to share with friends. The opportunity to strike out and make a living off of this industry is a definite possibility, with some major room for profit. Business Objective To expand operations and make a 30-barrel brewing system, that will allow higher capacity in order to increase revenue, without having an effect on operations that are ongoing in the smaller production line. This production can produce a separate revenue of income that will return costs within expenses within one year Current Situation and Problem/Opportunity Statement Currently the small brewery is operating and making profit, but there is a limit on the amount of production that is possible. The opportunity here is to increase the production value of the facility without stopping production that already exists. The ability to make the money will only depend on being able to sell to the distributors, and no longer have constraints on the amount that can be produced. Analysis of Options and Recommendation The options for further production: 1. Increase work hours on the production line. 2. Plateau the earnings that can be made. 3. Increase production capabilities. Based on the options, the only way to expand and keep happy workers is to expand operations to allow for more production without straining the staff. Financial Analysis
4 This ROI shows there is a considerable margin for profit with investing in larger setup for producing beer. The risk is that this is assuming that the beer sells in time before needing to waste any bad product, as well as there is no margin for wasted product due to production error. 2. Project Charter Project Title : Small Brewery Capacity Upgrade Project Start Date: Jan 2022 Projected Finish Date: Jan 2023 Budget Information: The company has made a lot of money and will attempt to finance this with all reinvestments from the company. This will limit any interference from stakeholders that are external to the company. Project Manager: Tyler Dugan Project Objectives: Increase the capacity of the brewery to output more product on a separate production system. This upgrade will increase the potential output of the product by 1000% and increase revenue by the same margin.
5 Critical Assumptions and Constraints: Assumption for the project is that there will be availability of the equipment and the labor needed to install, and test the system. Another assumption is that there is available space in the brewery that already exists. Constraint will be on the ability of the labor personnel to be able to complete the tasks Preliminary Project Requirements: Budget approval. Floor space dedicated for project. Engineering plans for layout. Procedure for testing and implementation of equipment. Maintenance procedures and periodicities for all equipment. Success Criteria: On time completion of project Product output increase by 1000% Approach: Find and negotiate pricing for system that will meet space requirements. Ship system to site location Hire install team to complete installation Test and complete install with successful output of product Roles and Responsibilities Name and Signature Role Position Contact Information Tyler Dugan Tyler Dugan Project Manager Project Manager Tyler.dugan@mail.com Jim Koch Jim Koch Owner Owner Jim.koch@beer.com Harry Schultz Harry Schultz Head of contracting Contractor HSchultz@contracting.com Shane Galbraith Shane Galbraith Purchasing Supply purchase SGshopper@shopping.com Comments: (Handwritten or typed comments from above stakeholders, if applicable)
6 3. Project Cost Estimate It is difficult to know what techniques to use in order to project a cost estimate that will hold any merit, especially for a business proposal. It is important to get as much information as possible and give a good estimate so that investors can feel confident about the money they are putting forward. Three-Point Estimating This technique is more or less the Goldilocks method, in which there are three estimates that are projected (Stobierski, 2021). There is an optimistic, best-case scenario, a pessimistic, worst-case scenario, estimates that are made, plus another that is hopefully, just right (Stobierski, 2021). Reserve Analysis This is a technique that assumes that there will be things that will be unforeseen. It takes into account that there are accepted risks, and that there needs to be an allotment set aside for these occasions (Top 10 tools and techniques to estimate project cost, n.d.). This reserve is not a part of the baseline estimate but is included in the overall budget, and will require permissions in order to use (10 techniques for Project Cost Estimation: Pros and cons, 2021). Cost of Quality This is split into two categories of quality, one of conformance and one of non- conformance (Top 10 tools and techniques to estimate project cost, n.d.). The cost of conformance is money that is allotted to prevent mishaps and appraisals (Top 10 tools and techniques to estimate project cost, n.d.). The cost of non-conformance is to make up for any failures, whether they are internal or external (Borad, 2021). Vendor Analysis This technique is essentially shopping around for the best deal. The project can be put out to get bids from vendors, in order to get a good idea of the overall cost of the project (Rinaldi, 2017). Group Decision Making Techniques This involves the technical experts that will be performing the work (Top 10 tools and techniques to estimate project cost, n.d.). This will get a good idea of the overall cost while also getting the workers to have more of an investment in the project (Top 10 tools and techniques to estimate project cost, n.d.). These techniques can all be used together to get the best idea of how much a project will cost. This is important to not oversell or undersell and in an ideal world the estimate would be exact.
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