Fall 2015EM 636 Project Management
Section 101
NJIT Highlanders Theatre 215 Central Avenue, Newark, NJ
PRESENTED BY
Team #4 Innovators
Agenda Purpose of Highlanders Theatre Project Description and Objectives Introduction Amenities Site Model and Design Alternatives and Comparison Work Breakdown Structure Summary
Our Purpose Our mission is to keep students entertained, it’s that
simple. Put those books down, stop by, relax and unwind. You deserve it!
Bigger events can be held – charity, orientation for international students
Another source of income for NJIT
Our Purpose (cont.)
It will provide another point of entertainment for students and community in the area.
Other schools in the area will benefit from this.
Cinema will host first-run movies, film festivals, special events and much more.
Our Purpose (cont.) NJIT will be known to have something else that other schools
do not have yet.
Rutgers – Livingston Campus– Is the only school in NJ that has a Cinema.
Project Definition
Building a new theatre complex in Newark, New Jersey.
It consists of 7 screens with 3 on the first floor and 4 on the second.
The theatre includes a food court and a spacious basement parking lot with accessible facilities for handicapped people.
The theatre also has solar panels installed for back up electricity.
Alternative/Comparison
One same-type theatre already exists New Jersey Performing Arts Center
What makes us different?Affordable pricing as well as rewards for studentsClose to University HeightsVaried activitiesStudent services
Location
Highlanders Theatre215 Central AveNewark, NJ 07103
Existing Conditions
Specifications Area : 1.053 acres = 45,900 ft2
Estimated Budget: $12,691,344.00
Time Required: 339 days
Capacity: 3 main theatres with capacity of 150 seats each 4 small theatres with capacity of 75 seats each
Amenities Sound System: ETX - Electro voice
Stadium-style recliner seating and surround sound
Food court and eating area
Ticketing rooms
Restrooms
Parking lot
Design
1st Floor Plan
2nd Floor Plan
3rd Floor Plan
Work Schedule & GANTT Chart
Estimated Time: 339 daysStarting Date: 1, December 2015End Date: March 5th, 20175 days work a weekContingency time: 2 weeks
Cost EstimationDESCRIPTION COST ($) %
LAND $650,200.00 5.12DEMOLITION $887,250.00 6.99SITE WORK $2,255,498.00 17.77Construction of
FOUNDATION (Parking Included)
$2,301,388.00 18.13
EXTERIOR FINISHING $2,301,388.00 18.13
INTERIOR FINISHING $698,808.00 5.51
MULTIPLEX THEATHRE SYSTEM ARCHITECTURE
Equipment & Sound System Scanners,
Processors, Projectors
$1,047,812.00 8.26
6-SERVICE Elevators $312,000.00 2.46$ 52,000.00 Each
PERMITS $120,000.00 0.95OVERHEAD $1,017,000.00 8.01
CONTINGENCY $1,100,000.00 9$12,691,344.00
Cost Distribution
Return On Investment
Tickets Catering services Advertisements Site leasing
Unit Price Annual Income Total Income
NJIT(students, faculty&staff) $8 $60,000
$140,000Other Students $10 $50,000
Community $13.5 $30,000
Rental(per use) Annual Income Total Income
Main Theatres(3) $3000 $30,000
$140,000Small Theatres(4) $1500 $50,000
Restaurants&Stores 60,000(per year)
Movie Tickets
CateringAnnual Income: $100,000
AdvertisementsAnnual Income: $100,000
Leasing
Estimated Total Annual
Income
$480,000
Return On Investment (cont.)
Estimated Annual Income
Risk Management
Risk Management Consequences Probability Impact Importance Risk Response
Changing Weather Conditions
Construction Delay 8 7 56 Weather Forecast
Fire Risk Resources/Human Loss 5 8 40 Smoke sensors and crew
with full knowledge
Material Delayed Construction Delay 5 7 35 Regular contact with the
supplierProblems in the
design/planIncrease of
costs 3 6 18 Cross-checking before starting and alternative plan
Expenses on material are out of budget
Construction Delay 3 7 21 Obtain quotes from other
suppliers
Unavailability of Labor Construction Delay 2 7 14
Splitting full time/part time roles and good communication
Quality ManagementQuality Plan Quality ControlQuality Assurance
Checklist Kaizen Approach Ongoing updates
Kaizen Approach Example
Who's doing it? The Innovators Suppliers Workers
What's being done? Gathering estimates Defining standards Execution of tasks
Where's it being done?
On the land Remotely on the phone and email
When should it be done?
Following the project timeline
Why's it being done?
To provide an entertainment point for students
How's it being done?
Status calls, follow up, monitoring and controlling with all project team members
# Quality Planning Checklist Complete Recommended Change
1 Identifying quality assurance requirements1.1. Specific materials are installed correctly1.2. Specific services are being provided
2 Identifying metrics to measure each quality criterion2.1. Survey results2.2. Meeting goals
3 Measuring deliverables to identify if qualitystandards are not met3.1. Timeliness and completeness of marketing tools3.2. Timeliness and completeness of deliveries3.3. Presence of labors and team3.4. Successful execution of tasks
4 Monitoring results 5 Developing quality assurance plan
6 Reviewing quality assurance plan with project manager
Summary
The required time for the project completion is 339 days.
The estimated budget is $ 12,691,334
The contingency time is 2 weeks
Recommended