Pm 592 Course Project 2

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Views: 1227

Words: 3077

Pages: 13

Category: Business and Industry

Date Submitted: 07/03/2012 07:21 AM

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James Lawson ,

John Reeves

THEMED PARK PROJECT

TABLE OF CONTENTS:

Item | Page |

1.0 Executive Summary | 2 |

2.0 Schedule 1 | 2 |

3.0 Performance Analysis | 5 |

3.1 Critical Path | 7 |

4.0 Estimate At Completion | 8 |

5.0 Control Plan | 10 |

5.1 Revised Estimate ay Completion5.2 Schedule 2 | 1112 |

6.0 Conclusion | 13 |

7.0 Reference | 13 |

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1.0 Executive Summary

Totally Amused, Inc, is a hotel and water theme park innovator which burst into the amusement industry only 10 years ago and has made several big splashes with successful property/facility introductions in multiple states since then. However, the amusement park industry is extremely competitive, so each new venue is built bigger and better than the next to maximize customer enjoyment and park ticket sales.

Totally Amused is looking to take its current indoor and outdoor water park locations to the next level, venturing into an area that is not all too familiar. Management is considering a big move into the indoor theme park market. Although water parks and traditional theme parks have their similarities, they have many differences.

The project consists of a new 100,000 sq. ft. building which will annex onto one side of an existing building. The indoor facility will feature a first-of-its-kind two-level go kart track, a six-story Ferris wheel (enclosed in glass), 24 lanes of bowling, mini golf, a four-story rope course, and scores of arcade games.

Although this new venture sounds like a walk in the park, an important decision is at hand! The project has reached the 50% scheduled completion stage and a control evaluation is being undertaken to analyze the performance of the project and to recommend corrective measures to support the continuation of the project.

The project, which commenced on April 4, 2008 was initially expected to be completed on December 19, 2008; and was estimated...