solution

You are the owner and president of Colden Homes Ltd, that focuses on building quality customized homes in Middlesex County, Ontario, Canada. You have been hired by the Regiers to build their dream home. You operate as a general contractor who designs and builds homes. Your employees include your wife, who does the bookkeeping and administration work, two carpenters who help with some framing and finish work and a general labourer who does clean-up, running around and other general labour jobs. You subcontract a lot of the work to local trade professionals. Housing in Middlesex County is booming. You are tentatively scheduled to complete 22 houses this year. You have promised the Regiers that the final costs will range from $500,000 -$550,000 and it will take 4 months to complete the house once groundbreaking has begun. The Regiers are willing to have the project delayed in order to save costs.

You have just finished a preliminary scope statement for the project (see below). You are now brainstorming potential risks associated with the project.

1. Identify 10 potential risks associated with this project.
2. Use a risk assessment form on FOL Module 7 titled 7.6 Risk Assessment Form to analyze identified risks.
3. Use the 7.8 Risk Response Matrix found on FOL Module 7 to outline how you would deal with each of the risks identified in #2.

PROJECT SCOPE STATEMENT

Project objective

To construct a high-quality, custom home within 4 months at a cost not to exceed $550,000.

Deliverables

• A 2,200 square foot , 2.5 bath, 4 bedroom, two story, finished home with a basement.
• A finished garage, insulated and dry walled.
• Kitchen appliances to include fridge, range, oven, microwave, and dishwasher.
• High-efficiency gas furnace with programmable smart thermostat.
• Property is to be graded and sodded.

Milestones

• Permits approved by April 1.
• Foundation poured by April 8.
• Framing, sheathing, plumbing, electrical and mechanical inspections passed June 20.
• Final Inspection August 1.

Technical Requirements

• Home must meet local building codes.

• All windows and doors must pass U Factor ratings of 1.2 and ER Ratings of 34.
• Exterior wall insulation must meet an “R” factor of 21.
• Ceiling insulation must meet an “R” factor of 38.
• Garage will accommodate three cars.
• Structure must pass seismic stability codes.

Limits and Exclusions

• The home will be built to the specification and design of the original blueprints provided by the customer.
• Basement is be insulated but not finished.
• No landscaping is to be done other than grading and sodding.
• No deck will built. Only wooden stairs to be built on each entrance.
• Washer and dryer is not included among appliances.
• Air conditioning is not included, but house is prewired for it.
• Colden Homes reserves the right to contract out services.

Customer Review

Angela and Randy Regier