Practical Project Management
Tools and Techniques
DPLE 151
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Introduction
Constructing a building
Plumbing Electrical HVAC
Project Life Cycle
Plumbing Electrical HVAC
Electrical
HVAC
Plumbing
ProjectSelectionMethods
Year Cash Flow Present Value
0 -$250,000 -$250,000
1 $100,000 $90,909.09
2 $200,000 $165,289.26
3 $300,000 $225,394.44
Criteria Weight Project A Project B Project C
Profitability 10 7 5 8
Risk Tolerance 8 6 8 4
Demand 5 7 5 8
StakeholderAnalysis
A (Definitive)
B (Dominant)
C (Dangerous)D (Dependent)
E (Dormant)
F (Discretionary)
G (Demanding)
H (Non-Stakeholder)
A = 1st PriorityB, C, D = 2nd PriorityE, F, G = 3rd Priority
ProjectRequirements
ProjectScope
2.1.2 Running Wire
2.1.1 Placing Conduit
Work: 100% Budget: $300,000
Work: 30% Budget: $75,000 Work: 30% Budget: $75,000Work: 40% Budget: $150,000
Laurel Tenuto, Client Risk Management Coordinator [email protected]
Uche Okoroha, PMP Senior Risk Management Consultant [email protected]
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