1. 1
Project Management
Fall 2014
Final Project
Project team: Jon cogdill,
brody Henson, Taylor Hayes,
Seth McCool, Manuel
Alajandro Sanchez Morales

2. 2
Contents
Overview.............................................................................................................................................3
Team Members:........................................................................................................................................3
Project Proposal Executive Summary: ......................................................................................................3
Project Objectives.....................................................................................................................3
Project Charter: Top Gun Renovations.....................................................................................................3
Scope Statement:......................................................................................................................................7
Statement of Work (including milestones):............................................................................................10
Project Analysis..........................................................................................................................12
Work Breakdown Structure (WBS): ........................................................................................................12
Stakeholder Analysis:..............................................................................................................................15
Communication Plan:..............................................................................................................................18
Project Budget: .......................................................................................................................................19
Network Diagram:...................................................................................................................................21
Risk Analysis and Risk Register: ..............................................................................................................25

3. 3
Overview
Team Members:
Team Top Gun members include Jon Cogdill, Taylor Hayes, Brody Henson, Manuel Sanchez,
and Seth McCool.
Project Proposal Executive Summary:
Our goal is to completely renovate the exterior of a 1000 square foot one story house. We plan
on completely renovating the siding, roof, windows, shutters and gutters by first removing the
existing pieces and replacing them with new ones. We plan on getting our estimates and
materials from Best Distributing Company and Lowes. Along with the outside of the house we
will be renovating the landscape. We plan to completely remove the old shrubs and bushes that
surround the house as well as the old walkway that leads to the front of the house. We will add a
stone walkway that leads from the house to the new patio area that we will be creating. The new
patio will be roughly 15x15 feet and it will have a shelter/arbor built on it. We will also be
constructing a fire pit on the patio. After the renovations are completed, we will have an
inspector come out to the house to make sure everything is up to code, and hopefully the
homeowners will be able to sell the house for a greater price.
Project Objectives
Project Charter: Top Gun Renovations
1 Project Overview
1.1 Name Top Gun Renovations

4. 4
1.2 Document Date Oct. 1, 2014
1.3 Stakeholders Taylor Hayes, Jon Cogdill, Brody Henson, Seth McCool, Manny Morales,
the owners of the house, the workers that will be hired to complete the
renovations and the companies that will supply the resources. The
neighbors surrounding the house will also be stakeholders
1.4 Project
Manager
Jon Cogdill
1.5 Email Address /
Website (optional)
topgunrenovations@yahoo.com
1.6 Goal Statement The goal of this project is to renovate the exterior of the house and
surrounding landscape and bring it up to date in order to satisfy the needs of
the current homeowners, the current housing market and the surrounding
community. The overall goal is to increase the resale value of the house.
1.7 Business Case /
Background
The need for this project was brought about by the homeowners of a small
house that was built in the 1940’s and their plan is to try and sell the house
in the next year. The entire house is noticeably outdated and the
homeowners want to renovate the house starting with the exterior in order to
attract potential buyers and attempt to increase the resale value of the house.
Other houses in the area surrounding this location are new or have already
been updated and the neighbors in the surrounding community have voiced
their complaints about the house and its current state. The homeowners have
asked us to renovate the exterior of the house and the yard in order to bring
it up to date and to satisfy the needs of the market and the surrounding
community.
1.8 Objectives The main objective of this project is to successfully renovate the exterior of
the customer’s house within the set budget and to provide them with a
finished house that will be worth more when it comes time for them to sell.
The value that this project delivers to the stakeholders will be increased
resale value for the homeowners, satisfied neighbors and revenue for the
organization completing the renovations.
1.9 Scope The scope of this project consists of renovating the exterior of the house by
removing old roofing, siding, light fixtures, shutters and gutters and
replacing them with more updated, rustic looking ones. The scope also
includes removing old shrubbery and plants surrounding the house and
creating an outdoor patio area with a fire pit. A new walkway will also be
constructed from the house to the outdoor patio and new mulch and
shrubbery will be strategically placed around the house and patio area.
Elements that are not in the scope of the project include any renovations
inside the house and any electrical and wiring work besides outdoor light
fixtures.
1.10 Schedule Work on the project will commence on November 1st
2014 and the

5. 5
anticipated end date is expected to be December 5th
2014. The network
diagram for our project indicates the total duration of our project to be 80
hours (2 weeks, at 8 hours each day, 5 days a week). This means that the
earliest our project can be completed is 80 hours. This leaves Top Gun
Renovations about 2 extra weeks in the event of inclement weather or
problems with other aspects of the project. The project will consist of 5
milestones.
Milestone 1 (Anticipated completion date: November 3rd
): This milestone
will consist of hiring all of the appropriate contractors for the project as well
as pricing all the resources and materials for the project.
Milestone 2 (Anticipated completion date: November 6th
): This milestone
will consist of the removal of all exterior components of the house including
the roofing as well as the removal of current plants and shrubbery in the
yard and preparing the yard for the new patio.
Milestone 3 (Anticipated completion date: November 10th
). This milestone
will consist of putting up the new roofing, siding and exterior fixtures.
Milestone 4 (Anticipated completion date: November 15th
). This milestone
will consist of the overhaul of the surrounding landscape and construction of
the new outdoor patio.
Milestone 5 (Anticipated completion date: November 17th
). This milestone
will consist of the clean up of the entire work site as well as the inspection
of the renovations.
2 Project Resources
2.1 Project Team Project manager- Jon Cogdill Project team members- Seth McCool,
Manny Sanchez, Taylor Hays, and Brody Henson. Labor team members-
Roofing, Landscape, Siding. Labor team leaders report to project team
members, team members repot to Project manager.
2.2 Cost Estimate Approved spending includes shingles, siding, gutters, sod, fire pit, rock,
plants, and decorative pieces. Cost estimate- $42,000 (Refer to the
official project budget below for exact details)
2.3 Customer
Involvement
(optional)
Customer is responsible for funding, signing contractual agreement, and
major design decisions.
3 Assumptions, Constraints, Dependencies, Impacts and Risks
3.1 Assumptions -We could assume that unpredictable weather conditions will cause

6. 6
delays in the project.
- We assume there are no extra renovations that need to be done to the
house aside from our renovations.
- We can assume that there will be extra expenses involved during the
project.
3.2 Constraints - An increase in material prices caused from sudden inflation in the
economy
- Weather that delays project progress
- An increase in labor/ transportation costs due to an increase in fuel
prices.
- Minor errors when estimating that would increase long term costs.
- Since the house was built in 1940, there could be some quality
constraints when adding new windows, siding, or roofing to an old house.
- Resource and scope constraints could include delayed scope of time
from delays of material suppliers, and shipping delays while ordering
custom materials such as windows and siding.
3.3 Dependencies - Dependence on material suppliers and their product quality.
- On the shipping companies to deliver the correct materials on time.
- On the customer to follow through with project funding and payments.
- Dependence on cooperation from stakeholders.
- Performance of employees and project planning.
3.4 Impacts - Stakeholders such as neighbors and local businesses will all be
impacted.
- Neighbors will be impacted by construction noise and temporary mess.
- Community will be impacted by increased traffic due to construction
vehicles.
- Local businesses will see a slight increase in sales from project
employees.
- Customer will be impacted by the cost of the project.
3.5 Risks - There will naturally be injury risks on the job site since this is a
construction project.
- The risk of older parts of the house being damaged during remodeling.
- Risks of employees not performing adequately and causing project
delays.
- Equipment malfunctions and repairs.
- Risk of exceeding the budget due to unexpected problems.

7. 7
- Risk of project running short on funds or funding stopping altogether.
(Refer to complete risk analysis on page 24 for more details)
4 Deliverables, Expected Outcomes
4.1 Key
Deliverables
We are taking a traditional method by dividing the project into steps.
First we initiated the project by deciding what we wanted to do (whether
to remodel the outside or inside), and deciding the scope of our project.
Next step was the design phase where we decided on what changes we
wanted to do. We have photos of the current house, and we will look for
products and determine what’s best based on the location of the house.
Implementation will be the next step in meeting the project objective.
This is where the project starts taking shape. We will tear things out,
people are working on different assignments, and everything is visible to
outsiders. Lastly, we will have a follow-up phase where we evaluate the
project, and make sure everything is in great condition to that of the
customer’s demand.
4.2 Project
Communication
Plan
The status of the project will be reviewed on a daily basis. We will have
team meetings. One of the group members will be in charge of
communicating to the team what has been accomplished, obstacles,
things that need to be completed. (For specific communication plan see
attached document below)
4.3 Success Criteria We will make sure the customer is happy with all the modifications.
Meet all government requirements, make sure the team stayed on budget,
and met scope specifications.
5 Reviews and Approvals
5.1 Review History Manuel Sanchez
Seth McCool
Brody Henson
Jonathan Cogdill
Taylor Hayes
5.2 Signatures Sponsor is Owner of the property.
Project Manager: Jonathan Cogdill
Scope Statement:

8. 8
Justification: Top Gun Renovations plans to take the lead role for the renovation on the exterior
of our select home. We have selected an older model home which was built in 1940 to remodel
the exterior of. The house was remodeled in the early 1960’s but the harsh mountain weather has
created a great need for a demolition and further exterior remodeling. The success of this job
will depend heavily on the resources we will have to allocate and the collaboration of the
different contractors we have hired. Our goals of remodeling will depend on how successfully
Top Gun plans, manages, and budgets each job that goes on.
Scope Description: While renovating the exterior of the house, we will be removing old roofing,
siding, light fixtures, shutters, and gutters and replacing them with more updated, rustic looking
features. The scope also includes removing old shrubbery and plants surrounding the house and
creating an outdoor patio area with a fire pit. A new walkway will also be constructed from the
house to the outdoor patio and new mulch and shrubbery will be strategically placed around the
house and patio area. The scope doesn’t include interior work and major electrical or plumbing
work inside the house.
Acceptance Criteria: There are several steps we must take before we begin the actual remodeling
of the house. We must find and hire all the different companies necessary to complete the steps
of the remodel, then have them come to the site and price their labor for their specific job. We
will begin the early stages of the project on November 1st of 2014 and the goal is to have the
renovations completed by December 5th
2014. This timeline is meant to allow us an adequate
amount of extra time in case of inclement weather such as rain and snow.
Deliverables: The objective of Top Gun is to turn this neglected house from the 1940’s and
remodel it into a refurbished, updated home with rustic, but modern exterior features. These
features along with a newly added patio and walkway will drastically increase the value of the

9. 9
home and potentially allow the homeowner to sell this house for a much higher price than they
originally planned. This multi-step job will necessitate the collaboration of several different
construction and specialist companies including; a roof and siding company, carpentry company,
landscaping company and one electrician.
Constraints: Top Gun’s biggest constraints mainly consist of excess cost risks. The first cost
risk is the possibility of an increase in material prices caused from possible inflation in the
economy. Another cost constraint similar to the inflation constraint is the possible increase in
labor or transportation costs due to an increase in fuel prices. We could possibly have some
issues with the quality in the framework of the house that we will be dealing with while
installing new siding, windows, and roof. If necessary, we may have to have minor framework
repairs done if it affects the installation process. Also, since we are dealing with multiple
suppliers who are creating custom products, there is always the possibility of a delay in delivery
while shipping to our contractors.
Assumptions: The main assumption we are aware of is the threat of inclement weather. This
house is located at the top of a large mountain and during the winter months, even a small snow
storm could shut down safe operations for several days. This is something that happens fairly
often but we will take all the precautions possible before beginning the project. We can also
assume that during the colder months there is a high risk of some crew members becoming ill
during construction time.

10. 10
Statement of Work (including milestones):
Statement of Work:
I. Introduction and Background
Top Gun Renovations has won the bidding on a house located on Cullowhee, North Carolina
built in 1940. This house is located in a secluded area and sits on .86 acres of land. The owners
are attempting to sell the house and want these renovations completed in order to increase the
resale value of the home.
II. Technical Description
This one story house was last renovated in 1962. The owners have requested that we replace all
existing exterior features with more rustic, mountain like features. Top Gun Renovations will be
replacing the roof along with the siding (shutters and gutters included) and windows. We will be
updating all the lighting fixtures and adding stone work to the front porch. We will be adding a
patio off to the side of the house with a stone sidewalk leading up to it with some beautiful
landscaping.
III. Timelines and Milestones
We are aiming to have this job complete within a one month time period. Starting November 1,
2014 and to be complete by December 5th
, 2014. This project consists of five milestones. The
first thing that we have to do is select and hire the appropriate contractors for the renovation job
as well as price all of the materials and resources that are needed to complete the project.

11. 11
The second milestone is completely stripping the house of all exterior components excluding
windows. The roof, siding, gutters, shutters, and lighting fixtures will be removed at this time.
We are expecting it to take 3 days to remove all components.
For the third milestone we will be laying the new roof with the assistance of a local roofing
company. Along with the roof we will be hanging the new siding, replacing all the windows and
adding all the stone work to the front porch. We will also be adding in the new shutters and
gutters at this time. This is expected to take four days. To assist us in getting this job complete
we have hired subcontractors to help.
The next important milestone in the renovation process will be the complete overhaul of the
landscape. This includes placing the new shrubs strategically throughout the landscape, as well
as the creation of the new patio. The new patio will also have a stone fire pit constructed on it, as
well as a shelter/arbor built over it. This milestone will also consist of building a new walkway
that leads from the house to the new patio. All of these renovations will take about 5 days to
complete.
Lastly, once all of the renovations are completed, we will make sure that all debris is cleared off
the job site before we have our inspector come in. The inspector will check over all of the
renovation work that has been completed, and will let us know if everything is up to code and if
anything needs to be changed. We are expecting to have all this complete within two days. We
gave a little extra wiggle room to allow for correction if something does not meet code per the
inspector.

12. 12
IV. Client Expectations
Our clients are expecting us to renovate the exterior of the house and to give it a cozy mountain
like atmosphere. They are expecting the house to be completed in a timely manner and
completed properly the first time. Contractors on the jobsite are expected to hold themselves to a
professional manor and assist the clients in anything they may want to change.
Project Analysis
Work Breakdown Structure (WBS):
The WBS is an important tool that project managers should utilize in order to stay organized and
have a good idea of what the entire project entails. For our renovation project, we created six
categories for our WBS. The six categories for our WBS include hiring of contracts, resources,
demolition, remodeling & installation, clean-up, and inspection. Below each category is a list of
work packages that must be completed in order to satisfy the category and complete the project.
The following contents of this section contain our WBS, WBS dictionary and WBS matrix.
1. Outdoor House Renovation
1.1 Hiring of Contractors
1.1.1- Bidding process
1.1.2- Select contractor
1.2 Resources
1.2.1- Price masonry materials
1.2.2- Price Arbor
1.2.3- Price Electrical repairs
1.2.4- Price patio and sidewalk costs
1.2.5- Price siding, shingles, windows, and paint
1.3 Demolition

13. 13
1.3.1- Removal of old siding
1.3.2- Removal of tin roofing
1.3.3- Removal of windows
1.3.4- Removal of light fixtures
1.3.5- Remove stone sidewalk in front
1.3.6- Remove front bushes
1.4 Remodeling/Installation
1.4.1- Install new siding
1.4.2- Install new shingles
1.4.3- Install new windows and repaint trimming
1.4.4- Install new light fixtures
1.4.5- Install shrubs
1.4.6- Install patio and cover
1.4.7- Install new sidewalk to patio
1.5 Clean-Up
1.5.1- Remove all tools and equipment
1.5.2- Clear site of trash and scrap material
1.5.3- Removal of excess dirt
1.6 Inspection
1.6.1- Schedule Inspector Appointments
1.6.2- Inspection of Job Site
WBS Dictionary
1.1
1.1.1- Set up meetings and meet with different contractors at their headquarters.
1.1.2- Select the best contractor for the job and both parties sign official paperwork.
1.2
1.2.1- Take measurements of the new sidewalk and patio area and estimate cost of supply
quantity.
1.2.2- Measure the square footage of the landscape where the patio will be in order to
accurately price the amount of materials for the arbor.
1.2.3- Estimate costs of new lights and fixtures for the outside area.
1.2.4- Take measurements and find the specific square footage of the future patio area and the
new sidewalk.
1.2.5- Measure the dimensions of the side and the roof of the house to acquire a rough estimate
for siding and shingle costs.

14. 14
1.3
1.3.1- Remove all old siding from the sides of the house without damaging the existing
framework.
1.3.2- Remove all old roofing and nails and inspect for water damage in trusses.
1.3.3- Remove old windows and check for water damage
1.3.4- Remove all old light fixtures and bulbs from the exterior perimeter.
1.3.5- Dig up old stone sidewalk and grade the ground in and around the sidewalk area.
1.3.6- Use equipment to remove existing bushes and plants followed by further grading.
1.4
1.4.1- Prep surface and apply siding to the exterior of the house.
1.4.2- Prep roof with tar paper, nail down new shingles.
1.4.3- Properly install new windows and apply caulk around borders.
1.4.4- Replace corroded wires and install new bulbs and light fixtures.
1.4.5- Install shrubs strategically throughout the landscape.
1.4.6- Pour concrete within patio boundary and install stone borders.
1.4.7- Install rustic stones for the sidewalk leading from patio area to front and back doors.
1.5
1.5.1- Ensure project employees remove all equipment and tools from job site.
1.5.2- Haul off excess materials and trash from job site.
1.5.3- Remove excess dirt leftover from digging and grading.
1.6
1.6.1- Schedule appointments for inspectors to visit the completed work
1.6.2- Tour and inspect the entire job site for completeness and quality of each step

15. 15
Stakeholder Analysis:
Top Gun Renovations is a leader in providing value added renovation services to our customers
by creating a successful partnership with them throughout the whole process. Our focus is to
have a close relationship with not just our main customer, but with each group member of the
team, contractors, companies supplying the materials, and surrounding neighbors.

16. 16
The main stakeholder in this renovation is the homeowner. The homeowner is also the main
sponsor in this project and our main focus is to make sure they are happy, and that we are
communicating every step of the project with them. Top Gun Renovations also wants to make
sure that our team is doing the best effort to do the best work on the house. The customer is
responsible for funding, signing the contractual agreement, and major design decisions. The
customer will also be taking part in almost every decision that is made and will consult with
them if there is ever a problem.
The Top Gun Renovation team is also a stakeholder in this project. Our team will be managing
the project from start to finish. Our job will include scheduling, making sure we hire the right
amount of people for different jobs, and communicating with everyone on a weekly basis on
each part of the milestone. The team has the most responsibility in implementing and overseeing
that the project is on schedule, on budget, and every detail of the house is to the customer’s
standards.
The workers that will be hired and the suppliers providing materials are also important
stakeholders in the project because they play a big role in finishing the project. Workers are
going to be removing old parts of the house, preparing the area so that it’s free from obstacles,
and installing new materials until the project is completed. Without the help of our suppliers, we
wouldn’t be able to start the project. We have a close relationship with our suppliers and they
will provide us with discounts which will help in reducing our costs. Our close relationship with
the suppliers will also help in making sure our materials arrive on time so that workers can begin
remodeling the house on time. The old material that can be recycled will be sent back to
suppliers so we can reduce the impact on the environment. The new materials provided will be

17. 17
environmentally friendly, and will be recyclable in the future. Both teams have a great impact on
the project and the project cannot be completed without either one.
The neighbors are going to play a role in the project because they influence the project. We want
to foster relationships with these individuals because this will make the renovation process easier
and it will help the project proceed without any obstacles. We will send newsletters to the
surrounding neighbors to let them know that a renovation will be taking place, and that
machinery and trucks will be coming in and might block certain roads at various times during the
day. We will also inform the neighbors that there might be loud noises for a certain amount of
time during the duration of the project. We are going above and beyond to ensure that everyone
is happy and that we do the right thing.
Without any of the stakeholders mentioned above, this project wouldn’t be possible. In the next
page, the Stakeholder Analysis is all organized in a chart.
Stakeholders Stake in the
Project
Impact What does
team need
from them?
Perceived
attitudes/risks
Stakeholder
Management
Strategy
Responsibility
Top Gun
Renovations
Manage the
entire
project
High Stay informed
on activities
between the
group/progress
of project.
Delays/weather Backup
plans/prepare
for the future
Project
Manager
Homeowner Provide
funds
High Money/time Changes
budget/
changes
feature on the
house
Lower
costs/have
backup
features for
the house
Is the sponsor
and is there to
follow up on
progress.
Workers Remove old
items/install
new
material
High Be present/be
on time
Get sick/not
enough/too
many workers
on site
Have other
available
workers
To get the job
done on time
Suppliers Provide High Supply Run out of Have other Supply the

18. 18
materials material when
needed
supplies/late
delivery
jobs
available to
do while
project with
all materials
Neighbors Have to
deal with
construction
noise and
traffic
Low Patience Complain
about noise
Have
machinery
on times
when
neighbors
aren’t home.
Inform the
team if there’s
a complaint
from
neighbors
Communication Plan:
The communication plan starts off with the startup meeting. This meeting will consist of the
project manager informing the rest of the project team as well as the project Sponsor exactly
what the goals of the project are as well as explain the overall scope of the project. This will
insure that the project team will be perfectly aligned and know exactly when to meet deadlines.
Next are the daily staff meetings. These meetings will consist of the project manager briefing the
other members of the project team on how the project is progressing. This will allow for
discussion on why or why not the project is going to plan as well as make it possible to
implement changes in the schedule if needed.
Another main part of the communication plan is the worker meetings. These will happen daily as
the workers arrive to inform them on the tasks that need to be completed that day. This meeting
will be conducted by the on-site supervisor and will insure that workers know what the pace of
the project is.

19. 19
The last item on our communication plan is the newsletter. This will be an email sent out by the
project manager on a weekly basis that will inform all stakeholders, either directly affected or
indirectly, the progress of the project as well as a project completion date. This will inform the
public of when the project will be affecting them and how.
Project Budget:
The following is the budget for Team Top Guns renovation project. The budget is divided into 8 different
sections in the following order: House, Lighting, Stone, Arbor, Fire Pit, Landscaping, Miscellaneous, and
Labor. All of the material costs are listed under the house category all the way to the miscellaneous

20. 20
category. All of the costs listed under the labor category represent the price for installation of the
roofing, siding, windows, exterior, as well as the delivery for the materials.
We gathered the information for our budget from several different sources. We gathered the figures for
the shingles, shutters, gutters, and roof materials from an actual business called Best Distributing
Company. The remaining materials were priced from a Lowe’s location, using actual store prices. The
team decided on a shingle and siding color combination and a gutter and shutter color that matched
well. After driving to the location of the house, we physically measured the dimensions of the house

21. 21
and were able to calculate the total square footage for the roof and exterior wall. After calculating the
dimensions for the all three products, we multiplied the measurements accordingly to the price of the
materials.
Next we gathered actual store prices from Lowe’s for the rest of the materials. This included all lighting,
stone, lumber, and shrubbery, all calculated by the quantity demand. For the labor costs, we gathered
an estimate for the windows and door installation from Lowe’s, who gave us a total cost for installation
and item price. As for the installation of the roof, siding, shutters, gutters, shrubbery, sidewalk, patio
and arbor, we based our estimate off of a reliable local company and their standard labor and delivery
prices. Before gathering prices, we estimated the total cost for the budget to be over $40,000. We
guessed high in this case and after calculations for all materials and labor, the total cost came out to
$23,546.50
Network Diagram:

22. 22
Network Diagrams are a very efficient way to organize projects and create the project schedules.
Network diagrams are also used to successfully identify project objectives, as well as the time it will take
to complete important project activities. When creating the timeline for our project and estimating the
times for each activity, we wanted to make sure to leave a significant amount of spare time in the
schedule in order to compensate for inclement weather such as snow, since that it a common
occurrence during the winter months in this region.
During the work on our renovation project, we created 12 tasks, the first being the bidding process and
the last being the inspection of our renovations. The table below represents each of the 12 tasks, and
provides the time each activity will take as well as the slack of each task. In order to figure out the
estimated duration of each activity, we used PERT. PERT is a network analysis technique that is used to
estimate project duration when there is a high degree of uncertainty about individual activity duration
estimates.
After calculating the duration of each activity, we created an Activity on Node (AON) Network Diagram.
This tool was beneficial to our project in keeping all of our activities organized and made it easy to see
what activities must be completed before moving on to the next task. We were able to see the name of
each task, determine how much time each activity would take, the amount of slack, and the critical path
of the entire project. The critical path is the string of activities in a project that are the longest and have
the highest priority. These activities have no slack and must be completed on time for the project to
finish on the due date. Our critical path was A-B-C-F-H-J-K-L. The activities on our critical path were
bidding process, determining price for materials, demolition, redoing patio and sidewalk, removing old
shrubs, clean up, and lastly have the house inspected. According to our Network Diagram, the predicted
total duration of our project is 80 hours. This estimate also represents the earliest time our project can
be completed. We were able to finish the project without any delays and finished the house on time.

23. 23
Activity Name
Duration
ES EF
LS LF
LEGEND:
ES = Early Start Date *Numbers represent time in hours*
EF = Early Finish Date
LS = Late Start Date
LF= Late Finish Date

24. 24

25. 25
Risk Analysis and Risk Register:
Category Risk Potential Cause (s) Potential Responses
(s)
Weather Not being able to
work during rain and
possible erosion
issues
Mother Nature Allow extra days in
the time schedule for
possible weather
issues and delays.
Have other activities
planned that can be
worked on during rain
and inclement weather
Injuries on the job Workers potentially
getting hurt while
working on the house
renovations.
Not having enough
workers to complete
project on time if
some get hurt
Faulty equipment and
carelessness on the
job site
Make sure all workers
have appropriate
safety equipment and
follow safety
guidelines
Supplies/resources not
being delivered on
time
The renovations will
not be able to proceed
without the
appropriate resources
and supplies.
Project not being
completed on time
Mix up with shipment
orders, human error
Make sure supplies
and resources are
ordered well before
the initial project start
date. Be organized
and have an effective
system to keep track
of order and shipment
dates
Project going over
budget
Not having enough
money to complete
the project
Not preparing an
accurate budget for
resources and
supplies. The project
taking longer than
budgeted for which
will cost more money
Make sure a proper
and accurate budget is
prepared and create a
contingency plan in
order to cover extra
expenses
House not passing
inspection
Project not being
completed on time,
extra expenses to fix
problems, going over
budget
Installations not done
correctly, possible
termite damage,
electrical problems
Make sure all
installations are done
correctly following
building codes and
regulations

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Risk Analysis:
There are two types of risk analysis’s that need to be evaluated when dealing with risks on a
project. These are Qualitative analysis and Quantitative analysis.
Qualitative Risk Analysis
For Top Gun Renovations, our two most prominent risks are the project going over budget and
the weather. Other risks involving our renovation include: Injuries on the job, supplies/resources
not being delivered on time, house not passing inspection, workers not showing up/being late,
and the customer not liking the finished result of the renovations. We conducted a complete
qualitative risk analysis of our two most prominent risks below.
Risk 1: Project going over budget
1. How likely is a risk to happen?
The project going over budget is a risk that is very likely to happen if the proper precautions
are not taken. Weather delays can cause the project to take longer than expected which in
Workers not showing
up/workers being late
Project not being
completed on time
Workers forgetting to
show up to work,
getting stuck in
traffic, being sick
Make sure to hire
reputable and reliable
workers. Have back
up workers in case of
absences
Customer not liking
the finished result of
the renovations
Bad reputation, not
getting future business
with customer,
possibility of not
getting full payment
for work done
Not following
customers request for
renovation guidelines,
customer changing
ideas about what they
want
Ask for customer
approval before every
major task is started
and have them check
work multiple times
before it is fully
completed

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turn can cause the entire to go over budget. Excessive supplies and resources is another
aspect that can cause the project to go over budget. There are numerous variables that can
cause the project to go over budget if it is not monitored thoroughly and efficiently.
2. How big will the impact be?
The impact of going over budget has the potential to be very substantial if not monitored
carefully. If the project goes over budget by a large amount, then the contractor’s will be
losing a significant amount of money which could prevent them from doing business in the
future. Going over budget could also affect the homeowners by them having to pay more
money for the renovations if a set price is not agreed upon before the project starts. If the
budget is monitored closely and the project only goes over budget by a small amount, then it
will not have a big impact.
3. When is the risk likely to occur?
The risk of going over budget is likely to occur towards the end of the project but it has the
potential to occur at any time of the project if the spending budget is not monitored carefully.
We need to make sure that big expenditures such as supplies and resources are ordered
correctly in order to prevent from going over budget.
4. How easy will it be notice and correctly interpret the trigger?
It could be fairly difficult to notice and identify the trigger if spending is not monitored and if
spending is done carelessly without proper documentation and organization. If spending is
documented appropriately it should not be too difficult to look through the receipts of
purchases and identify where excessive spending took place.

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Risk 2: Weather
1. How likely is a risk to happen?
The risk of inclement weather is very likely to happen since the area where the house is
located experiences a significant amount of snow and even rain during the fall and winter
months. In order to properly deal with this risk, we need to make sure to monitor the
weather daily and create backup plans in order to continue to work on the renovations
during inclement weather.
2. How big will the impact be?
This impact could be very substantial and very minimal depending on the amount and
duration of the inclement weather.
3. When is the risk likely to occur?
The risk has the potential to happen at any moment on any given day. Inclement weather
such as snow is likely to occur during December.
4. How easy will it be to notice and correctly interpret the trigger?
It will be fairly easy to notice and interpret the trigger if the weather is monitored via the
news or mobile weather apps.
Quantitative Risk Analysis:
This type of risk analysis is appropriate for bigger, more complex and more expensive projects.
Based off of the size and budget for our project, we do not believe it is appropriate to use this
type of risk analysis.

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