stuck with tons of empty houses- how do i go about finding information for budget and resource considerations needed to sell the surplus houses and offset the investment losses? This is group project and am needing help on getting started?
I may not understand this project -- but if you own these houses -- then it seems to me that you need to sell them for whatever price you can get for them. The other option is to rent some or all of them, if possible.
In your groups, choose a project you all agree on. Try to choose a project that is business-related. Designate a Project Manager and describe the roles of each of the other team members. Submit a project plan with AT LEAST each of the following considerations:
* Needs identification
* Project goals and objectives
* Schedule and WBS
* Charts (Gantt, CPM, PERT)
* Budget Considerations
* Resource Considerations
* Team Communication Requirements
this is the project that i am working on. how do I get started- website to assist me with or your opinion.
What project has your group agreed upon?
What does your assigned reading say about these considerations?
It seems to me that you don't need websites, but you do need to study your assigned reading, think about what you've read, and work with your group to complete the project.
my part of the project is finding information on budget and resource consideration. I am a contractor who needs to sell surplus houses and offset the investment losses. how do i get started- websites to assist me or your opinion.
Search the Web for project planning tools and describe at least 2. Download a demo or two and build a project, so you can see the different PM charts (Gantt, CPM, Pert, etc.). Comment on the ease in which you were able to build each of the charts. Which tool would you recommend to your classmates, if any, and why?
In your own words, please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings.
Assignment Type: Individual Project Deliverable Length: 4-6 pages
Points Possible: 130 Due Date: 9/7/2008 11:59:59 PM CT
Using the project you created in Unit 1 Individual Assignment, put together a proposal for the customer that includes the following:
Briefly describe the first five points of the Project Scope Checklist in relation to your project:
What are the project objectives?
List the deliverables.
Identify the milestones of the project.
List the technical requirements.
What are the limits and exclusions?
Be sure to complete the following items:
Identify the Project Priorities.
Create a Work Breakdown Structure.
Create a Responsibility Matrix.
To get started with your group project on selling surplus houses and offsetting investment losses, here are the steps to follow in order to gather the necessary information for budget and resource considerations:
1. Define your project scope: Clearly understand the purpose and goals of your project. Determine the number of surplus houses you have and identify the investment losses you need to offset.
2. Gather property-specific information: Collect detailed information on each surplus house, such as location, size, condition, amenities, and any outstanding legal or financial obligations associated with them.
3. Assess the current real estate market: Research the local and regional market conditions to analyze the demand for houses in the areas where the surplus properties are located. Look for recent sales data, average selling prices, and market trends to understand the value potential of the houses.
4. Conduct a financial analysis: Calculate the investment losses you have incurred and evaluate the financial implications of selling the surplus houses. Consider costs associated with property maintenance, repairs, staging, marketing, real estate agent fees, legal fees, and any outstanding mortgage or liens on the properties.
5. Develop a marketing strategy: Determine the target market for each surplus property and create a plan to attract potential buyers, such as online listings, advertising, open houses, or engaging a real estate agent or auctioneer.
6. Identify resource requirements: Determine the resources needed to execute the selling process, such as human resources (internal or external), financial resources, marketing materials, and legal support. Assess the availability of these resources and identify any potential gaps that need to be addressed.
7. Establish a timeline: Develop a project timeline with specific milestones and deadlines for each stage of the selling process, including property preparation, marketing, buyer screening, negotiating, and closing the sales.
8. Seek expert advice: Consider consulting professionals such as real estate agents, appraisers, accountants, or lawyers who can provide specialized knowledge and guidance to ensure a successful sales process.
Remember, collaboration within your group is crucial. Divide tasks among team members based on their strengths and expertise to efficiently gather and evaluate the necessary information for your project.