Using knowledge gained from this course Team A has demonstrated their capacity for conceptualizing the concepts and practical application of project management and life cycle phases. This paper is the compilation of three successive papers submitted and revised by Team A that includes the project proposal paper, the project planning technical paper, and the project human capital paper. In the final phase of the project lifecycle the implementation process of terminating the project will be presented in such a way that the input will be based on observations in relation to how well the triple constraints and tradeoffs were handled. The balance between timing, budget and project specifications is used as a performance measurement to guide Team A's future success by determining lessons learned, what might be performed differently that must be corrected with the next project, and help determine what went right with the project that must be repeated on the next project.
In addition, the steps needing to be taken to return the human resources to the organization will be provided.
Background and Statement of NeedThe increasing population of Lo Ki, California has resulted in an influx of new apartments, condominiums and small homes being built with little or inadequate storage and deed restrictions limiting what can be placed in driveways and side yards of the homes. Lo Ki is a mid-sized community lacking storage facilities within proximity. This has created a need that Store -N- Lock, a California-based self-storage facility, plans to address by building a new storage facility. This facility will meet the needs and demands of the citizens of Lo Ki for storage space, in addition increasing profits for Store -N-Lock.
Building a new storage facility will require a project management team that has a clear understanding of whom is responsible for what. This...