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THE RENOVATION OF 300 LACKAWANNA AVE
Team 4: Marissa Conway, John Kresge, Tommy Moran, Mike Kavulich, Brandon Ross,
Brittany Baron
Project Overview
Project Scope
Create an Start-Up
Plan
Resources and Risks
Completed Project
The flow of this project presentation will follow the above timeline
Project Overview
Project Scope
Create an Initial Start-
Up Plan
Resources and Risks
Completed Project
• Scope Statement• Project Description
Project ScopeTo renovate and create high income producing structures such as offices, lounges, conference center and a physical fitness facility in the 102,500 square foot former Bon-Ton. This project will take no longer than three years with a budget of $10 million. The ending result of this project is intended to bring back downtown Scranton into the economical state it once was.
Project DescriptionTo renovate and create high income producing structures inside the former Bon-Ton located in the Mall at Steamtown, in aspiration to stimulate its productivity.
Project Overview
Project Scope
Create an Initial Start-
Up Plan
Resources and Risks
Completed Project
•Location•Future Goals Photos
•Factors of Production•Budget•Dependency Linkages•Existing Space Photos
•Gantt Chart•Work Breakdown Structure•Floor Plans
Renovation Location
This is an ariel view of the Steamtown mall with focus on the Bon-Ton
Renovation Space
This is the current Bon-Ton entrance located at 300 Lackawanna Ave
Future Goals
This is a visual of the conference center (left) and lounge (right) that we intend to create
3%
30%
15%
5%5%
12%
22%
8%
BudgetPermitsConstructionTechnologyOffice FurniturePURE RoomInterior Designer Building SuppliesFitness Facility
Start Up Cost Analysis
Budget: 10 million dollars
The largest portion of our
budget goes to construction,
building supplies, technology, and interior design
$300,000
$3,000,000
$1,500,000
$500,000 $500,000
$1,200,000
$2,200,000
$800,000
Permits
Construction
Technology
Office Furniture
PURE Room
Interior Designer
Building Supplies
Fitness Facility
Dependency Linkages
Choose Architectural
Engineer
Purchase Facility
Determine Project Layout
Obtain Permits
Choose Contractor Demolition Construction Completion
Existing Bon-Ton Space
After meeting with the director of operations at the Steamtown Mall, these are photographs taken on January 27, 2015 inside the Bon-Ton
Existing Bon-Ton Space
After meeting with the director of operations at the Steamtown Mall, these are photographs taken on January 27, 2015 inside the Bon-Ton
Gantt Project Chart
With Time being so important to the renovation of Bon-Ton, this shows an alternative view of the time span of project completion
Work Breakdown Structure
Bon-Ton
Acquisition
Real Estate
Lease/own space
Mall Manager
Acquire Floor Plan
Architectural
Engineering
Construction, Designs, and Operations
Interior Design
Review interior design bids that
fit budget
Decide on interior
atmosphere culture
Building
Contractor
Demolition Renovation
Government
Permits
Building, Mechanical, Plumbing, Electrical
Inspection
Building Inspection
Occupancy Inspection
This is an overall view of our work breakdown structure that is then divided and individually explained in the slides to come
Work Breakdown Structure: Acquisition
Real Estate• Leased space for
$200,000 per year not including utilities
• Utilities including heat costs estimated at $4,500 monthly
• Energy efficient lighting offers rebates from the government
Acquisition
Real Estate
Lease/own Space
Work Breakdown Structure: Acquisition
Mall Manager• Plan meeting with director of
operations, Matt, of the Steamtown Mall
• Original floor plans of 102,500 space will aid in the development of future office, space, lounges, and fitness facility
• Access to empty floorplans that do not include structures implementeded by Bon-Ton that will be removed during demolition
Acquisition
Mall Manager
Acquire Floor Plans
Work Breakdown Structure: Architectural
Engineering • Architectural engineers
will focus on the structure and stability of the project
• Masters lighting, heating, cooling, ventilation, sustainability and fire protection
• Ensures the project remains functional and safe
Architectural
Engineering
Construction, Designs, Operations
Work Breakdown Structure: Architectural
Interior Design• Interior designers will be
hired to beautify and determine space requirements by selecting decorative items
• Create tone and atmosphere of business
• Average hourly charge is $150, therefore time completion of project must be considered from potential designers to be hired
Architectural
Interior Design
Decide On Interior
Architectural Structure
Review Interior Design Bids
That Fits Budget
Work Breakdown Structure: Building
Contractor• Contractors must be
hired to complete the tearing down of the interior of the structure
• Hired contractors must then safely complete the renovation following the interior designers request start April 1, 2016 and able to finish by October 27, 2016
Building
Contractor
Demolition Renovation
Work Breakdown Structure: Government
Permits
• Authorization and consent is required to legally complete this project
• Mechanical permits will be necessary due to the venting process of heating and cooling
• Plumbing permits will be needed to replace water heaters and underground piping and alter piping inside the walls or ceiling.
• Electrical permits will be required for
Government
Permits
Building, Mechanical, Plumbing, Electrical
Work Breakdown Structure: Government
Inspection• Upon completion a
commercial inspector from the city of Scranton will inspect the structure for safety and accuracy of plumbing, mechanical, and electrical
• A code enforcement and zoning officer inspect that there are no code violations
• Adequate fire extinguishers, proper exit signs and any other issues will be held during occupancy inspection
Government
Inspection
Building Inspection
Occupancy Inspection
Qualitative Risk Assessment
- Exceeding budget- Exceeding schedule
- Unable to acquire permits - Unoccupied space
-Design variations -Faulty infrastructure -Quality expectations
Consequences
Like
lihoo
d
Low High
Hig
hLo
w
Quantitative Risk Assessment Probability of Failure (Pf)• Exceeding budget (.9)• Unable to acquire permits (.7)• Unoccupied space (.9)• Exceeding schedule (.9)• Design variations (.3)• Faulty infrastructure (.9)• Quality expectations (.7)
.7+.7+.9+.9+.3+.9+.7/ 7=.
.3 Low
.7 Medium
.9 High
Quantitative Risk AssessmentConsequences of Failure (Cf)• Exceeding budget (.7)• Unable to acquire permits (.7)• Unoccupied space (.9)• Exceeding schedule (.9)• Design variations (.3) • Faulty infrastructure (.7)• Quality expectations (.3)
.7+.7+.9+.9+.3+.7+.3/7
Floor Plans
This is the first floor of the empty mall anchor space before the Bon-Ton structures were implemented
Floor Plans
This is the second floor of the empty mall anchor space before the Bon-Ton structures were implemented
Project Overview
Project Scope
Create an Initial Start-
Up Plan
Resources and Risks
Completed Project
• Factors of Production
Factors of Production• Acquire Permits
• Building• Mechanical• Plumbing• Electrical
• Renovation • Demolition• Building of Office Structures• Interior Designing
Factors of Production• The factors of production are resources that are the
building blocks of the project• Building Inspection • Estimation Bid • Architectural Engineer• Interior Designer
Factors of Production
Project Manager
ContractorsArchitect
DesksChairs
CouchesCarpeting
TechnologyWebcast
TVsComputers
Bonton Entrance
Bon ton 1st Floor
Bonton 2nd Floor
Key Project Milestones
Obtain Bon Ton(DATE)
Select Architect
Acquire Permits Demolition Renovatio
n
LAND ALTERATIONS
$ 3,019,570.00
Land $
1,500,000.00
Grass $
196,020.00
Sand $
4,800.00
Land Clearing $
150,000.00
Irrigation $
500,000.00
Parking Lot $
200,000.00
Greens $
450,000.00
Bunker Sand $
18,750.00
ITEM PRICE Total for Section
BUILDING SUPPLIES $2,200,000.
00CARPENTRY $600,000.00 PLUMBING $400,000.00ELECTRICAL $600,000.00INTERIOR $300,000.00MASONRY $300,000.00
PAPERWORK Lease Contract
Construction Permits $ 1000.00
TECHNOLOGY
$ 1,500,000.0
0COMPUTERS $500,000.00T.V. SCREENS $ 100,000.00COPY MACHINES $ 100,000.00FAX MACHINES $ 150,000.00AV EQUIPMENT $ 300,000.00
CONSTRUCTION
$ 3,000,000.0
0Demolition $ 200,000.00
Offices $
1,600,000.00Conference Center $ 300,000.00Lounge $ 200,000.00Fitness Facility $600,000.00
OFFICE FURNITURE
$ 1,500,000.0
0 DESKS $200,000.00CHAIRS $50,000.00COUCHES $200,000.00CONFERENCE TABLES $50,000
Cost Analysis
Constraints
Constraints
Equipment
Financial
Time
People
Constraint: People Necessary Qualified Workers• Project Manager• Contractor• Plumber• Electrician• Interior Designer • Carpenter
Constraint: Equipment
• Suppliers unreliable in delivering materials
• Construction devices can cause mistakes, accidents as well as complete failure
• Technology failures
Constraint: Financial• Inaccurate construction estimates
• Need readily accessible funds
• Miscellaneous costs• Excess demolition• More building materials
Constraints: TimeProject Interval: 2 years• Contractor delay
• Building materials on backorder
• Obtaining permits
AssumptionsTeam 3 will hold up their end by selling the Bon ton portion for 2 million
Permits will be granted Time constraints will realistically mimic the Gantt chart
Construction and office supplies will appear as expected
SWOT Analysis
• Proof of capability to survive
• Attracts loyal employees
Strengths• Environment• Few Customers
Weaknesses
• New IT company• Not many competitors
Opportunities
• Competition • Costs to maintain• Weak Internality
Threats
SWOTAnalysis