Project Management on real estate sector?

Project Management
Term Project

Scenario:

Congratulations! You have been promoted as one of the Project Managers of XYZ Developments & Holdings Ltd. You work for a real estate firm called XYZ Developments & Holdings Ltd. You hold an undergraduate degree in bachelor of Real Estate and have demonstrated leadership quality and you also posses the ability to learn new skills at a shortest possible time span. Looking at your potential and the track record management of the company has promoted you as a PM and has asked you to

*Develop a feasibility study of a land 8.22 decimal ( 5 Katha ) in Uttara sector 11, which is currently owned by Mr. Homer Simpson. He is asking Tk 0.5 million BDT as initial signing money.

* Develop a feasibility study of a land 8.22 decimal ( 5 Katha ) in Gulshan 2, which is currently owned by Mr. Burn. He is asking 2 million BDT as signing money.

*Compare the two projects and recommend the management which project to undertake in the prescribed business case format used internally by XYZ.

*Provide a complete project plan starting from acquiring the land to handing over to the customers. Usually XYZ offers 50-50 deal with the land owners with no initial signing money but recently there are few exceptions depending on the project’s business case.

*Project plan should also provide an estimated cash flow during the project life cycle


Company background :

XYZ Developments & Holdings Ltd has a professional and hard working team that is capable of adding highest possible value to its client’s property applying innovation and using state of the art technology. This enables to find beneficial deals for company’s clients and partners.

For your information, company has recently realized the benefits of using a structured project management methodology called PRINCE2 and has adopted the methodology. For all its projects PRINCE2 is widely followed in the company.

General instructions for Term Project submission.

Please form a group of four ( within the first two weeks of the course commencing date)
Please give a project name
Please mention the group members name and ID in the front page of your project paper

Project Deliverables

For Final :

Hard copy of the Business Case ( business case should address XYZ’s first 3 deliverables)
Cash flow necessary during the project life cycle should also be included in the appendix of the business case.
case solver must follow the prescribed Business Case format provided in the information


For Final:

Hardcopy of the Project Initiation Document (PID) [PRINCE2 format must be followed].
Hard copy of the complete project plan should be included in the appendix of the PID.

A soft copy of the final project plan done in MS-Project should be included which must have all the project tasks, duration and the resource assigned to all tasks.

please answer me any one can know it ...........................................................

thanks