Building a house project charter Essay

1302 Words Nov 18th, 2013 6 Pages
Executive Summary

This document defines the Project Charter for a project to build the house for Mr. Anthony Carter and family in the area with main intersection Sheppard Ave and Warden Ave, Scarborough, Ontario.
This Project Charter describes the purpose, scope, objectives, estimated cost/ effort/ duration, risk and constraints, assumptions, approach and organization.
The project will commence on July 1, 2013 and will complete no later than July 1, 2014.
The purpose is to complete on time all the stages: acquiring the land, getting all necessary permits and approvals, constructing the house, landscaping, exterior and internal decorating.
The scope is that within the budget of CAD $900,000 the property to include: foundation with
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The prices of raw materials will not increase more than 10% during the course of the project.
Weather conditions will be favourable for exterior constructions during the project.

Project Risks

Risk Area
Level (H/M/L)
Risk Plan
Alternative Solutions
1. Financial Risk
M
L
May run over budget of project
May not stable in future income
Plan for each sequence to effectively manage the cost
Reduce some amount of interior decorating
Loan from a bank

2. Technical Risk
M
M

M
Tin-roof may not set up well
Maybe sub-standard for constructing materials
Maybe not decorated well for interior designing
Have a plan B for another supplier of constructing materials
Get owner’s approval for each done section.
3. Execution Risk
L
L
M
Fire
Burglary
Leak/Non-Weather Proof
Hire security for overnight shift and weekend.
Temporarily cover the construction with a waterproof tent
4. Contractual Risk
L
May be delayed for approval of building permit
Use the network or relationship

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