Project Management Analytics Exercise This is an example of a construction project. The construction

Project Management Analytics Exercise

This is an example of a construction project. The construction for a large corporate building must be started by February 19th and completed by the end of the year. The legal contract for the project includes a penalty of $10,000 for every week of delay beyond December 31st. This implies 315 days or 45 weeks for the expected project duration assuming a seven-day work schedule and no holidays in between!

The details of the project activities are as follows –

The project begins with clearing the site, an activity that takes eight weeks. Once the site is cleared, laying of the subsurface drainage takes another eight weeks, followed by filling of the earth which takes 14 weeks. Only after this activity is completed can installation of the artificial turf outside of the building can start – the task then takes 12 weeks. Simultaneously, the work on the building can also start once the site is cleared.

The work on the building starts first by excavating and then by pouring of the concrete basement. Each of these activities takes 4 weeks to complete. Next comes the construction of the walls (12 weeks), followed by constructing the roof (13 weeks). The interiors are then completed (5 weeks) followed by internal painting (4 weeks). However, painting cannot be started until electrical work is completed (4 weeks). The electrical work cannot be started until the outside power lines are laid (8 weeks), which needs an additional activity of getting the permits before it can be started. The permit takes 4 weeks. Assume that you would start on the permits after the excavation activity for the building begins.

Once the roof of the building is erected, work can start simultaneously on the outside lighting (5 weeks), and on the signage and other external landscaping (4 weeks). For simplicity, assume you start the project on February 19th and you follow a 7-day work schedule where each week of an activity’s duration takes 7 days.

Analyze the following questions based on the estimates of the above activities –

1.When do you complete the project?

2.How much penalty would you incur based on the estimated completion time?

3. You have a few proposals to expedite the completion of the project. Analyze each proposal independently of the other proposals and comment on which proposal (if any) would you adopt for expediting the project?

a.Expedite the wall construction activity – this would cost $20000 and would reduce the activity by six weeks

b.The same as the above proposal but in addition, use a double shift on filling the earth. This would cost $10,000 and would reduce the filling activity by 5 weeks.

c.Construction of the roof is important. You could use additional labor for $9000 and cut six weeks off the original duration of the activity.

4,How would your analysis on the above change if the company factors in the possibility of a worker strike in the month of December?

Expert Answer

List all the activities, their duration and their Immediate predecessor activities (IPA)

ID Activity Duration IPA
A Clearing the site 4
B Subsurface drainage 8 A
C Filling Of Earth 14 B
D Artificial turf installation 12 C
E Excavation 4 A
F Pouring of Concrete 4 E
G Construction of walls 12 F
H Construction of roof 13 G
I Interior work 5 H
J Getting permission 4 E
K Outside power lines laid 8 J
L Electrical work 4 K
M Internal painting 4 I,L
N Outside Lighting 5 H
O Signage and external landscaping 4 H

1) In the above table, we see that the project completion will take 46 weeks. So we expect the project to complete by 7-Jan

2) There is one week delay beyond 31-Dec, therefore there would be a penalty of $ 10,000

Buy Essay
Calculate your paper price
Pages (550 words)
Approximate price: -

Help Me Write My Essay - Reasons:

Best Online Essay Writing Service

We strive to give our customers the best online essay writing experience. We Make sure essays are submitted on time and all the instructions are followed.

Our Writers are Experienced and Professional

Our essay writing service is founded on professional writers who are on stand by to help you any time.

Free Revision Fo all Essays

Sometimes you may require our writers to add on a point to make your essay as customised as possible, we will give you unlimited times to do this. And we will do it for free.

Timely Essay(s)

We understand the frustrations that comes with late essays and our writers are extra careful to not violate this term. Our support team is always engauging our writers to help you have your essay ahead of time.

Customised Essays &100% Confidential

Our Online writing Service has zero torelance for plagiarised papers. We have plagiarism checking tool that generate plagiarism reports just to make sure you are satisfied.

24/7 Customer Support

Our agents are ready to help you around the clock. Please feel free to reach out and enquire about anything.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

HOW OUR ONLINE ESSAY WRITING SERVICE WORKS

Let us write that nagging essay.

STEP 1

Submit Your Essay/Homework Instructions

By clicking on the "PLACE ORDER" button, tell us your requires. Be precise for an accurate customised essay. You may also upload any reading materials where applicable.

STEP 2

Pick A & Writer

Our ordering form will provide you with a list of writers and their feedbacks. At step 2, its time select a writer. Our online agents are on stand by to help you just in case.

STEP 3

Editing (OUR PART)

At this stage, our editor will go through your essay and make sure your writer did meet all the instructions.

STEP 4

Receive your Paper

After Editing, your paper will be sent to you via email.

× How can I help you?