MY EM 636 Final Presentaion-2 (1)

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  • Fall 2015EM 636 Project ManagementSection 101NJIT Highlanders Theatre 215 Central Avenue, Newark, NJPRESENTED BY Team #4 Innovators

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  • AgendaPurpose of Highlanders TheatreProject Description and ObjectivesIntroductionAmenitiesSite Model and DesignAlternatives and ComparisonWork Breakdown Structure Summary

    CHANGE IT ACCORDINGLY!!!*

  • Our PurposeOur mission is to keep students entertained, its 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

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  • 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.

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  • 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.

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  • 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

  • LocationHighlanders Theatre215 Central AveNewark, NJ 07103

  • Existing Conditions

    Abondoned building, good location, easy access, close to everywhere*

  • SpecificationsArea : 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 each4 small theatres with capacity of 75 seats each

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  • Amenities Sound System: ETX - Electro voice

    Stadium-style recliner seating and surround sound

    Food court and eating area

    Ticketing rooms

    Restrooms

    Parking lot

    Sound system for for enhanced theatre experience*

  • Design

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  • 1st Floor Plan

  • 2nd Floor Plan

  • 3rd Floor Plan

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  • Work Schedule & GANTT Chart

    Estimated Time: 339 daysStarting Date: 1, December 2015End Date: March 5th, 20175 days work a weekContingency time: 2 weeks

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  • Cost Estimation

    DESCRIPTIONCOST ($)%LAND$650,200.005.12DEMOLITION$887,250.006.99SITE WORK$2,255,498.0017.77Construction of FOUNDATION (Parking Included)$2,301,388.0018.13EXTERIOR FINISHING$2,301,388.0018.13INTERIOR FINISHING$698,808.005.51MULTIPLEX THEATHRE SYSTEM ARCHITECTURE Equipment & Sound System Scanners, Processors, Projectors$1,047,812.008.266-SERVICE Elevators$312,000.002.46$ 52,000.00 EachPERMITS$120,000.000.95OVERHEAD$1,017,000.008.01CONTINGENCY$1,100,000.009$12,691,344.00

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  • Cost Distribution

    Chart1

    5.12

    24.76

    18.13

    23.64

    10.72

    0.95

    8.01

    9

    Column1

    Sheet1

    Column1

    Land5.12

    Demolition & Site Work24.76

    Foundation18.13

    Finishing23.64

    Theatre System10.72

    Permits0.95

    Overhead8.01

    Contingency9

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  • Return On InvestmentTicketsCatering servicesAdvertisementsSite leasing

  • Movie TicketsCateringAnnual Income: $100,000

    AdvertisementsAnnual Income: $100,000Leasing

    Estimated Total Annual Income

    $480,000Return On Investment (cont.)

    Unit PriceAnnual IncomeTotal IncomeNJIT(students, faculty&staff)$8$60,000$140,000Other Students$10$50,000Community$13.5$30,000

    Rental(per use)Annual IncomeTotal IncomeMain Theatres(3)$3000$30,000$140,000Small Theatres(4)$1500$50,000Restaurants&Stores60,000(per year)

  • Estimated Annual Income

    Chart1

    29.17

    20.84

    20.84

    29.17

    Income

    Income

    Sheet1

    Income

    Ticket Sales29.17

    Catering20.84

    Advertisement20.84

    Leasing29.17

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  • Risk Management

    Risk ManagementConsequencesProbabilityImpactImportanceRisk ResponseChanging Weather ConditionsConstruction Delay8756Weather ForecastFire RiskResources/ Human Loss5840Smoke sensors and crew with full knowledgeMaterial DelayedConstruction Delay5735Regular contact with the supplierProblems in the design/planIncrease of costs3618Cross-checking before starting and alternative planExpenses on material are out of budgetConstruction Delay3721Obtain quotes from other suppliersUnavailability of LaborConstruction Delay2714Splitting full time/part time roles and good communication

  • Quality ManagementQuality PlanQuality ControlQuality AssuranceChecklist

    Kaizen Approach

    Ongoing updates

    Kaizen ApproachExampleWho's doing it?The Innovators Suppliers WorkersWhat's being done?Gathering estimatesDefining standards Execution of tasks Where's it being done?On the landRemotely on the phone and emailWhen should it be done?Following the project timelineWhy's it being done?To provide an entertainment point for studentsHow's it being done?Status calls, follow up, monitoring and controlling with all project team members

    #Quality Planning ChecklistCompleteRecommended Change1Identifying quality assurance requirements1.1. Specific materials are installed correctly1.2. Specific services are being provided2Identifying metrics to measure each quality criterion2.1. Survey results2.2. Meeting goals3Measuring 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 tasks4Monitoring results5Developing quality assurance plan6Reviewing 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

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  • *CHANGE IT ACCORDINGLY!!!*

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    *Abondoned building, good location, easy access, close to everywhere*

    *Sound system for for enhanced theatre experience*

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