Introduction:
You work for a housing builder who constructs homes for clients. You have managed to secure a client who wants to build with your company. The client has a budget of AUD$500,000 and is looking to build their new home within the next 12 months. Your task is to ensure you keep this client satisfied by building the home as per their requirements within the budget and timeline that they have given you.
You are required to propose project management processes that can be used to efficiently manage, build and deliver the home for your client. You are expected to incorporate lean project management practices to ensure that you can meet the tight budget and timeline restrictions imposed on you.
Your tasks:
Answer the following questions:
1. Select and explain the project management processes (either from PMBOK or PRINCE2 or a combination of any best practices you have learned in this unit) that can help you:
a. Finalize the client’s requirements (in terms of scope)
b. Ensure communications with all relevant stakeholders are effective and efficient
c. Manage your subcontractors and vendors successfully