my em 636 final presentaion-2 (1)

28
Fall 2015 EM 636 Project Management Section 101 NJIT Highlanders Theatre 215 Central Avenue, Newark, NJ PRESENTED BY Team #4 Innovators

Upload: fidelia-rosalinda-flores-ventura

Post on 11-Apr-2017

47 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: MY EM 636 Final Presentaion-2 (1)

Fall 2015EM 636 Project Management

Section 101

NJIT Highlanders Theatre 215 Central Avenue, Newark, NJ

PRESENTED BY

Team #4 Innovators

Page 2: MY EM 636 Final Presentaion-2 (1)
Page 3: MY EM 636 Final Presentaion-2 (1)

Agenda Purpose of Highlanders Theatre Project Description and Objectives Introduction Amenities Site Model and Design Alternatives and Comparison Work Breakdown Structure Summary

Page 4: MY EM 636 Final Presentaion-2 (1)

Our Purpose Our mission is to keep students entertained, it’s that

simple. Put those books down, stop by, relax and unwind. You deserve it!

Bigger events can be held – charity, orientation for international students

Another source of income for NJIT

Page 5: MY EM 636 Final Presentaion-2 (1)

Our Purpose (cont.)

It will provide another point of entertainment for students and community in the area.

Other schools in the area will benefit from this.

Cinema will host first-run movies, film festivals, special events and much more.

Page 6: MY EM 636 Final Presentaion-2 (1)

Our Purpose (cont.) NJIT will be known to have something else that other schools

do not have yet.

Rutgers – Livingston Campus– Is the only school in NJ that has a Cinema.

Page 7: MY EM 636 Final Presentaion-2 (1)

Project Definition

Building a new theatre complex in Newark, New Jersey.

It consists of 7 screens with 3 on the first floor and 4 on the second.

The theatre includes a food court and a spacious basement parking lot with accessible facilities for handicapped people.

The theatre also has solar panels installed for back up electricity.

Page 8: MY EM 636 Final Presentaion-2 (1)

Alternative/Comparison

One same-type theatre already exists New Jersey Performing Arts Center

What makes us different?Affordable pricing as well as rewards for studentsClose to University HeightsVaried activitiesStudent services

Page 9: MY EM 636 Final Presentaion-2 (1)

Location

Highlanders Theatre215 Central AveNewark, NJ 07103

Page 10: MY EM 636 Final Presentaion-2 (1)

Existing Conditions

Page 11: MY EM 636 Final Presentaion-2 (1)

Specifications Area : 1.053 acres = 45,900 ft2

Estimated Budget: $12,691,344.00

Time Required: 339 days

Capacity: 3 main theatres with capacity of 150 seats each 4 small theatres with capacity of 75 seats each

Page 12: MY EM 636 Final Presentaion-2 (1)

Amenities Sound System: ETX - Electro voice

Stadium-style recliner seating and surround sound

Food court and eating area

Ticketing rooms

Restrooms

Parking lot

Page 13: MY EM 636 Final Presentaion-2 (1)

Design

Page 14: MY EM 636 Final Presentaion-2 (1)

1st Floor Plan

Page 15: MY EM 636 Final Presentaion-2 (1)

2nd Floor Plan

Page 16: MY EM 636 Final Presentaion-2 (1)

3rd Floor Plan

Page 17: MY EM 636 Final Presentaion-2 (1)
Page 18: MY EM 636 Final Presentaion-2 (1)

Work Schedule & GANTT Chart

Estimated Time: 339 daysStarting Date: 1, December 2015End Date: March 5th, 20175 days work a weekContingency time: 2 weeks

Page 19: MY EM 636 Final Presentaion-2 (1)

Cost EstimationDESCRIPTION COST ($) %

LAND $650,200.00 5.12DEMOLITION $887,250.00 6.99SITE WORK $2,255,498.00 17.77Construction of

FOUNDATION (Parking Included)

$2,301,388.00 18.13

EXTERIOR FINISHING $2,301,388.00 18.13

INTERIOR FINISHING $698,808.00 5.51

MULTIPLEX THEATHRE SYSTEM ARCHITECTURE

Equipment & Sound System Scanners,

Processors, Projectors

$1,047,812.00 8.26

6-SERVICE Elevators $312,000.00 2.46$ 52,000.00 Each    

PERMITS $120,000.00 0.95OVERHEAD $1,017,000.00 8.01

CONTINGENCY $1,100,000.00 9$12,691,344.00

Page 20: MY EM 636 Final Presentaion-2 (1)

Cost Distribution

Page 21: MY EM 636 Final Presentaion-2 (1)

Return On Investment

Tickets Catering services Advertisements Site leasing

Page 22: MY EM 636 Final Presentaion-2 (1)

Unit Price Annual Income Total Income

NJIT(students, faculty&staff) $8 $60,000

$140,000Other Students $10 $50,000

Community $13.5 $30,000

Rental(per use) Annual Income Total Income

Main Theatres(3) $3000 $30,000

$140,000Small Theatres(4) $1500 $50,000

Restaurants&Stores 60,000(per year)

Movie Tickets

CateringAnnual Income: $100,000

AdvertisementsAnnual Income: $100,000

Leasing

Estimated Total Annual

Income

$480,000

Return On Investment (cont.)

Page 23: MY EM 636 Final Presentaion-2 (1)

Estimated Annual Income

Page 24: MY EM 636 Final Presentaion-2 (1)

Risk Management

Risk Management Consequences Probability Impact Importance Risk Response

Changing Weather Conditions

Construction Delay 8 7 56 Weather Forecast

Fire Risk Resources/Human Loss 5 8 40 Smoke sensors and crew

with full knowledge

Material Delayed Construction Delay 5 7 35 Regular contact with the

supplierProblems in the

design/planIncrease of

costs 3 6 18 Cross-checking before starting and alternative plan

Expenses on material are out of budget

Construction Delay 3 7 21 Obtain quotes from other

suppliers

Unavailability of Labor Construction Delay 2 7 14

Splitting full time/part time roles and good communication

Page 25: MY EM 636 Final Presentaion-2 (1)

Quality ManagementQuality Plan Quality ControlQuality Assurance

Checklist Kaizen Approach Ongoing updates

Kaizen Approach Example

Who's doing it? The Innovators Suppliers Workers

What's being done? Gathering estimates Defining standards Execution of tasks

Where's it being done?

On the land Remotely on the phone and email

When should it be done?

Following the project timeline

Why's it being done?

To provide an entertainment point for students

How's it being done?

Status calls, follow up, monitoring and controlling with all project team members

# Quality Planning Checklist Complete Recommended Change

1 Identifying quality assurance requirements1.1. Specific materials are installed correctly1.2. Specific services are being provided

2 Identifying metrics to measure each quality criterion2.1. Survey results2.2. Meeting goals

3 Measuring deliverables to identify if qualitystandards are not met3.1. Timeliness and completeness of marketing tools3.2. Timeliness and completeness of deliveries3.3. Presence of labors and team3.4. Successful execution of tasks

4 Monitoring results 5 Developing quality assurance plan

6 Reviewing quality assurance plan with project manager

Page 26: MY EM 636 Final Presentaion-2 (1)

Summary

The required time for the project completion is 339 days.

The estimated budget is $ 12,691,334

The contingency time is 2 weeks

Page 27: MY EM 636 Final Presentaion-2 (1)
Page 28: MY EM 636 Final Presentaion-2 (1)