I have attached the questions

NOTE: Treat this as a living document and make adjustments as needed throughout the semester. Be sure to confirm your profyou plan your project timeline, consider that there may be tasks and even steps that you will be able to complete more quickly th
reminder of all components. This will allow you to take advantage of information you learn that may be useful for a future task, s
Project 2 Work Plan
Add rows for
Use this column to identify key tasks
tasks
as
needed
Step 1
Team Agreement & Project Work Plan
Task
Compile Personal Info
Task
Create common areas for collaborative work
Task
Self-select Project Work
Task
Complete Deliverables
Team Member
All Members
Project #2
Step 2
Become Familiar with Project Scope (Mike)
Mike
Task
Read Step 2
Mike
Task 2a
Conduct Research
Mike
Task 2b
Develop the SOW
Mike
Task 2c
Submit
Mike
Step 3
Become Familiar with Project Management Concepts
Cory
Task
Read Step 2
Cory
Task
Develop a project charter
Cory
Task
Submit Milestone
Cory
Task
Submit
Cory
Step 4
Develop a Skateholder Management plan ( Evelyn)
Evelyn
Task
Read the material
Evelyn
Task
Develop a Skateholder Management plan
Evelyn
Task
Submit Milestone
Evelyn
Task
Submit
Evelyn
Step 5
Create the Work Breakdown Structure
Kate
Task
Review step 5
Kate
Task
Develop WBS
Kate
Task
Ensure all WBS rules are followed
Kate
Task
Submit milestone in discussion area
Kate
Step 6
Create the project Schedule (Gantt Chart)
Task
Task
Review
step
6 activities and their attributes, logistical dependencies, and Kate & Cory
Define all
project
project milestones into the schedule
Kate & Cory
Task
Ensure Gnatt chart has critical path in red
Kate & Cory
Task
Submit Gnatt chart
Kate & Cory
Step 7
Estimate Project Cost
Tolani
Task
Review Guidelines and Develop Cost Estimate Template
Tolani
Task
Identify Major Cost Categories and Gather Data
Tolani
Task
Convert and Estimate Costs for Work Packages
Tolani
Task
Consider Additional Procurements and Compile Estimates
Tolani
Task
Prepare and Submit Final Cost Estimate
Step 8
Develop a plan for Hiring and Training Store Personnel
Pamela & Megan
Task
Read associated materials
Pamela & Megan
Task
Summary of Staffing
Pamela & Megan
Task
Summary of Hiring
Pamela & Megan
Task
Training Proposal
Pamela & Megan
Step 9
Create the Risk Register
Pamela
Task
Read classroom materials
Pamela
Task
Indentify internal risks
Pamela
Task
Identify external risks
Pamela
Task
Identify response to risks
Pamela
Step 10
Procurement Plan
Task
Read Step 10
Megan
Task
Conduct Research
Megan
Task
Develop Procurement Plan
Megan
Task
Submit
Megan
Step 11 & 12
Complete the Project Management Plan
All Team Members
Task
Gather Existing Work From All Team Members
All Team Members
Task
Cover Page and Executive Summary and Introduciton
All Team Members
Task
Proofread and Edit
All Team Members
Task
Conclusion
All Team Members
Task
Share With Team For Final Feedback
All Team Members
Task
Submit
All Team Members
Project #3
Step 1
Prepare for Group Work
All Team
Task
Complete team Work Plan and agreed on your Coordination Plan
All Team
Step 2
Discuss Your Industry Analysis and Entry Strategy
All Team
Task
Discussion Topic 1
All Team
Task
Discussion Topic 2
All Team
Task
Task
Task
Step 3
Research Client Needs and Project Scope
Task
Review the MediCorp, Inc. Client Brief
Cory
Task
Study the Capsim User Guide & Analyze the Market Conditions Report
Cory
Task
Synthesize Information
Cory
Task
Prepare for Strategy Development
Step 5
Make Your Decisions
Task
Task
Task
Step 6
Save Your Decisions
Task
Task
Task
Step 7
Evaluate Your Contribution to the Team
Task
Task
Task
Step 8
Analyze Your Team’s Decisions and Results
Task
Task
Task
Step 9
Task
Task
Task
Submit Your Work
sure to confirm your professor approves any extensions in deliverable deadlines posted in the projects. As
complete more quickly than the deadline. As you work on a project you are advised to use this plan as a
useful for a future task, section, or even project.
Deliverable
Enter task
Enter actual
Date
due date
target
start
start
date
for
completed
7/23/2024
7/18/2024
7/19/2024
7/23/2024
7/16/2024
7/16/2024
7/19/2024
7/19/2024
7/19/2024
7/23/2024
7/19/2024
7/21/2024
7/23/2024
7/19/2024
7/21/2024
8/13/2024
7/24/2024
7/24/2024
7/24/2024
07/25/2024
7/24/2024
7/26/2024
7/26/2024
7/26/2024
7/30/2024
7/26/2024
7/26/2024
8/13/2024
8/13/2024
8/13/2024
8/13/2024
7/22/2023
7/26/2024
7/30/2024
8/13/2024
8/13/2024
7/22/2024
7/26/2024
7/30/2024
8/13/2024
7/30/2024
7/24/2024
7/24/2024
7/26/2024
7/28/2024
7/30/2024
8/6/2024
7/31/2024
7/31/2024
8/3/2024
8/4/2024
8/6/2024
Use this column for notes for
needed adjustments in schedule.
8/6/2024
07/31/2024
08/01/2024
08/02/2024
08/03/2024
08/04/2024
8/6/2024
7/31/2024
8/6/2024
7/31/2024
8/6/2024
7/31/2024
8/6/2024
7/31/2024
8/6/2024
7/31/2024
8/13/2024
8/7/2024
8/13/2024
8/7/2024
8/13/2024
8/7/2024
8/13/2024
8/7/2024
8/13/2024
8/7/2024
7/30/2024
7/30/2024
7/30/2024
7/30/2024
08/06/2024
8/1/2024
8/13/2024
8/13/2024
08/13/2024
08/07/2024
08/08/2024
08/09/2024
08/10/2024
08/11/2024
08/11/2024
08/13/2024
08/14/2024
08/14/2024
Project Stakeholder Register:
Sao Paulo, Brazil Store Opening
Terrapin Construction
Project Title: Supply INC
Name/Positi
on/contact
information
Role in the
project
Interest in
the project
Latoya
Green, TCS
CEO
LatoyaGree
n@TCS.co
m
Project sponsor,
provides approval
and funding for
the project,
ensures the
successful
launch,
execution, and
delivery of the
project
Jorge
Linville,
Project
Manager
JorgeLinvill
e@TCS.com
Controls
Local
Government
Representati
ves
everyday
activities and
developments of
the endeavor.
Obtain the
required licenses
along with
approvals, and
make sure that
the local laws are
followed.
Date Prepared:
Classificati
on
Communicat
ion
Expectations
Influence
High,
international
expansion,
potential
growth
(ROI)
Opening the
first
international
store in
Brazil
according to
the project
specifications
and in line
with the
company’s
growth
strategy.
High,
heavily
involved in
project
planning and
decisionmaking. Can
cancel/
change
project
anytime
Very
important,
supporter
Superior
accomplish
ment of
projects
along with
operational
Timely and
Substantial,
manages
every aspect
of the
endeavor
Crucial,
Group
inspirationa collaboration,
daily activity
l.
reporting,
and problem
resolution
Medium, but
if
prerequisites
are not
fulfilled, the
venture may
be delayed
Significant
regulation
Modest
adherence to
regulations
cost-effective
project
completion.
Respect for
local
ordinances
and
legislation
Keep updated
regularly and
honestly on
all aspects of
the project,
seek input/
advice when
needed
Official
corresponden
ce,
compliance
reports, and
on-time filing
of paperwork
Team
Maryland
Creates
Solutions
Creates program
designs and
oversees
imaginative
components.
Superior,
effective
project
planning
and
implementat
ion.
Creative and
functional
retail layout
that
complements
the
company’s
concept
Medium
impact over
choices made
in layout.
Vital
partner.
Planning
discussions,
consultations,
and
evaluations
of designs.
The team at
Terrapin
Construction
Supply Inc.
Completes
building
operations with
precision and
promptness.
A
substantial
amount of
accomplish
ment in the
project.
Superior
development,
budget and
schedule
compliance.
Moderately
immediate
effect on
building.
Crucial,
coordinator
.
Frequent
field
conferences,
status
reporting,
and
development
briefings
New recruits
for the Store
Employees
Run the business
and make sure
that clients are
happy.
Average,
professional
advancemen
t, stable
employment
.
Consumer
Little, an
happiness,
immediate
efficient shop effect on dayactivities, and
to-day
reliable
activities.
coaching.
Important
and
functional
Timetables
for learning,
policies for
operations,
and meetings
for
performance
evaluation
Distributors
and
Manufacture
rs
Supply a list of
supplies and
resources.
Limited
expansion of
the company
Rapid
shipment of
high-quality
supplies and
stock.
A vital
companion.
Transaction
acknowledge
ments,
service
timetables,
and quality
assurance.
Moderate;
may impact
the
endeavor’s
schedule
Stakeholder Engagement Plan:
1. Client (Terrapin Construction Supplies Inc.)
● Mode of Participation: email notifications, quarterly conferences, and periodic
status updates.
● Schedule of interaction: Daily and quarterly.
● Three Main Objectives: Achieving standards of excellence, staying under
budgetary constraints, and completing projects on schedule.
● Implementation Strategy: Make sure the task’s deadlines are reached, deal with
problems right away, and communicate openly.
2. Sponsor (Latoya Green, CEO)
● Mode of Participation: Monthly reporting on execution, financing, and updates.
● Interaction Rate: Quarterly.
● Main Objectives: Overseeing finances, completing projects successfully, and
strategically aligning with business objectives.
● Action Strategy: Continual reporting on risk assessment, budgetary monitoring, and
project status.
3. Coordinator of the Project (Jorge Linville)
● Mode of Participation: Problem solution, safety conferences, regular periodic
updates.
● Interaction Rate: Regular
● Main Objectives: Coordinating collaboration, minimizing risks, and carrying out
projects effectively.
● Implementation Strategy: Keep an eye on everyday developments, control hazards,
guarantee teamwork, and assign resources.
4. Project Team Members
● Mode of Participation: Objective delegation, periodic conferences, and financial
assistance.
● Interaction Rate: Weekly
● Main Objectives: Clearly defined tasks, required materials, performance
evaluations.
● Action Strategy: Make sure resources are available, give straightforward directions,
and keep a frequent reporting cycle.
Stakeholder Analysis:
Stakeholder
Role
Interest
Influence
Engagement
Strategy
Client (Terrapin
Client
High
High
Frequent
Construction
changes, making
Supplies Inc.)
sure that criteria
are fulfilled, and
quickly
addressing
issues.
Sponsor (Latoya
CEO
High
High
Green, CEO)
Expenditure
assessments,
status updates,
and quarterly
meetings.
Coordinator of
Supervises the
High
High
Safety oversight,
the Project (Jorge endeavor
regular
Linville)
registrations, and
making sure
timelines are
fulfilled.
Project Team
Members
Carry out duties
Medium
Medium
Hold regular
conferences,
supply the tools
you need, and
communicate
clearly.
References
Kerzner, H. (2009). Project management: A systems approach to planning, scheduling, and
controlling (10th ed.). Wiley.
University of Maryland Global Campus. (2024). Stakeholders and Stakeholder management.
Document posted in UMGC MBA 670 9044 online classroom, archived at
https://learn.umgc.edu
Project Charter: Sao Paulo, Brazil Store Opening
Background
Terrapin Construction Supply Inc., a construction supply company based out of
Frederick, Maryland, is expanding into the international market by creating a retail store in
Brazil within the next ten months. The primary objective is to complete the project on time
without exceeding the budget. Terrapin offers a wide variety of products such as plumbing,
electrical hardware, furniture, and a garden center, enabling a one-stop-shop layout. The project
also requires functional parking spots, staff members, and IT infrastructure, including point-ofsale systems and communication.
Goals
1.
Construct and stock a new Terrapin home improvement retail store in Brazil within
ten months.
2.
Hire and train the staff four weeks before the store launch.
3.
Keep the project under the allocated budget.
4.
Maintain high inventory levels for the first few months post-launch to manage
potential consumer surge.
Scope
Terrapin Construction Solutions has established specific goals to be achieved before opening
their first international store. Latoya Green, CEO of Terrapin Construction Solutions, has
requested certain deliverables in accordance with the Statement of Work (SOW).
First Phase:
●
Design and Construction:
○
Design the new store building, parking lots, and landscaping.
○
Obtain required licenses and permits.
○
Prepare the site and lay the foundation.
○
Construct the new store building and finish the interior.
○
Construct the garden center.
Second Phase:
●
Interior and Exterior Outfitting:
○
Construct the interior of the store.
○
Outfit the store with shelves, fixtures, and IT systems.
○
Pave the parking lots and landscape the exterior of the store.
Third Phase:
●
Staffing and Stocking:
○
Hire and train store personnel.
○
Stock the store with inventory. (For this project, stick to a storewide, highlevel inventory budget, though you may have to make estimates based on
different product categories, such as lumber, hardware, appliances, etc.)
The store should be prepared for opening in approximately 10 months.
Key Stakeholders
Client
Terrapin Construction Supply Inc
Sponsor
Layota Green TCS
Project Manager
Jorge Linville
Project Team Members
Mike Kursch
Cory Lemay
Megan Murphy
Evelyn Olaosebikan-Iglesias
Pamela Robison
Tolani Rufai
Project Milestones
Milestones
Due
Deadline
Research potential store locations
31 July 2024
7 August 2024
Purchase Property
14 August 2024
21 August 2024
Obtain Licenses and Permits
11 September 2024
18 September 2024
Design Blueprints for the store
13 September 2024
20 September 2024
Prepare the site and start construction
15 September 2024
22 September 2024
Build the exterior
1 October 2024
28 November 2024
Work on the interior
1 December 2024
31 March 2025
Interview and hire employees
2 April 2025
24 April 2025
Training the new employees
25 April 2025
28 May 2025
Stock the store
30 April 2025
5 May 2025
Final walk through of the store
24 May 2025
28 May 2025
Open store
31 May 2025
31 May 2025
Project Budget
● Breakdown of Construction Costs:
○ Construction Cost per Square Meter: 2,045 BRL (de Querol Cumbrera, 2024).
○ Total area: Approximately 7,804 square meters (based on 80% of the average size
reported by Home Depot Product Authority, LLC (2024)).
○ Total Construction Cost: 7,804 sq meters x 2,045 BRL per sq meter = 15,973,780
BRL.
○ Currency conversion provided by XE.com (2024) as of July 29, 2024, indicated a
rate of 1 US Dollar to 5.65 Brazilian Reais, resulting in a total construction cost of
15,973,780 Brazilian Reais.
● Contingency Fund: 284,433.41USD (approximately 10% of the total construction cost
according to the Board of Regents of the University of Wisconsin System (2018)).
Constraints, Assumptions, Risks, and Dependencies
Constraints
● Regulatory Compliance – It may be difficult to
adhere to a new set of building codes, safety
standards, and environmental regulations.
● Budget – We must ensure that this project stays
within our allocated financial resources.
● Timeline – Meeting project deadlines, construction
milestones, and the opening date.
Assumptions
● Market Demand – We assume there is sufficient
market demand for this store in this location.
● Local Workforce – It is an assumption that there
will be an adequate local workforce of skilled labor
willing to work at this location.
● Favorable weather – It’s assumed that the weather
will be favorable for this project and that there will
be no significant natural causes for delays.
Risks & Dependencies
● Political and Economic Instability – Potential
changes in either political or economic conditions in
Brazil could affect our project progress
● Supply chain disruptions – Delays or disruptions in
any part of this project’s supply chain will in turn
be a risk to the overall deliverable.
Natural Disasters – situations like floods, earthquakes, or
other natural disasters could delay or damage construction
Approved By:
_____________________
Project Sponsor
_____________________
_____________________
Chief Operating Officer
Chief Financial Officer
_____________________
Project Manager
References
Board of Regents of the University of Wisconsin System. (2018). Managing project value,
budgets, and costs. In Technical project management in living and geometric order.
https://wisc.pb.unizin.org/technicalpm/chapter/managing-project-value-budgets-andcosts/
de Querol Cumbrera, F. (2024a). Average building construction costs in Brazil from
2007 to 2023. Statista. https://www.statista.com/statistics/1136222/average-buildingconstruction-costbrazil/#:~:text=Brazil%3A%20average%20building%20construction%20cost%202007%
2D2023&text=These%20figures%20take%20into%20account,Brazilian%20reals%20per
%20square%20meter
Home Depot Product Authority, LLC. (2024). Built from all the right materials. Home Depot.
https://corporate.homedepot.com/page/about-us
UMGC. (2024). Step 1: Become Familiar with Project Scope.
https://learn.umgc.edu/d2l/ext/rp/1040535/lti/framedlaunch/43de3c14-dd50-474b-b14ad0a23e551bbc
XE.com Inc. (2024). 1 USD to BRL – Convert US Dollars to Brazilian Reais. XE.com Inc.
https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=BRL