Project Management: The Managerial Process (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9781259666094
Author: Erik W. Larson, Clifford F. Gray
Publisher: McGraw-Hill Education
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Chapter 6, Problem 6.2.1C
The G&E Company is preparing a bid to build the new 47,000-seat Shoreline baseball stadium. The construction must start on July 3, 2017, and be completed in time for the start of the 2020 season. A penalty clause of $250,000 per day of delay beyond April 3 is written into the contract.
Percival Young, the president of the company, expressed optimism at obtaining the contract and revealed that the company could net as much as $3 million on the project. He also said if they were successful, the prospects of future projects are bright since there is a projected renaissance in building classic ball parks with modem luxury boxes.
Given the information provided in Table 63, construct a network schedule for the stadium project and answer the following questions:
Will the project be able to be completed by the April 3 deadline? How long will it take?
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The G&E Company is preparing a bid to build the new 47,000-seat Shoreline baseball stadium. The construction must start on Jan 01 2022, and be completed in time for the finals of the 2024 season. A penalty clause of $250,000 per week of delay beyond October 1st, 2024 is written into the contract.
George Earnings, the president of the company, expressed optimism at obtaining the contract and revealed that the company could net as much as $3 million on the project. He also said if they succeed, the prospects of future projects are bright since there is a projected renaissance in building classic ballparks with modern luxury boxes.
ID
Activity
Duration
Predecessor(s)
1
Baseball Stadium
2
Clear stadium site
70 days
—
3
Demolish building
30 days
2
4
Set up construction site
70 days
3
5
Drive support piling
120 days
4
6
Pour lower concrete bowl
120 days
5
7
Pour main concourse
120 days
6
8…
Nyoka, as the assigned R&D PM, assigned Gabrielle Walters a mini project under the larger R&D Project. This mini project needs to be completed in 12 months. After consulting with Nickalia, the assigned accountant for the project, it was agreed that the approved budget for this project should be 200,000 USD with a constant burnt rate (the same amount is spent every month). Three months later, Gabrielle would have spent 50,000 USD. Upon close review, she finds that only 15% of the work has been completed, Jason Keene, a Cost Portfolio Management expert is being asked to assist Gabrielle by calculating and interpreting thefollowing:
i. The Schedule Variance (SV) and the Cost Variance (CV)
ii. the Schedule Performance Index (SPI) and Cost Performance index (CPI)
On January 1, Jack signed a contract with AT &T for his mobile phone services. The contract includes three lines with a $120 fixed payment each month plus $15 per gigabit if the data usage is more than 9 gigabits. On March 1, Jack wants to add one more phone line to the existed contract, and the payment becomes $150 fixed payment each month plus $15 per gigabit if the data usage is more than 12 gigabits. Is this change a contract modification? Please use one sentence to explain why?
Chapter 6 Solutions
Project Management: The Managerial Process (Mcgraw-hill Series Operations and Decision Sciences)
Ch. 6 - How does the WBS differ from the project network?Ch. 6 - How are WBS and project networks linked?Ch. 6 - Why bother creating a WBS? Why not go straight to...Ch. 6 - Why is slack important to the project manager?Ch. 6 - What is the difference between free slack and...Ch. 6 - Why are lags used in developing project networks?Ch. 6 - What is a hammock activity, and when is it used?Ch. 6 - Here is a partial work breakdown structure for a...Ch. 6 - Draw a project network from the following...Ch. 6 - Draw a project network from the following...
Ch. 6 - Draw a project network from the following...Ch. 6 - Draw a project network from the following...Ch. 6 - From the following information, develop an AON...Ch. 6 - The project information for the custom order...Ch. 6 - You have signed a contract to build a garage for...Ch. 6 - You are creating a customer database for the...Ch. 6 - K. Nelson, project manager of Print Software....Ch. 6 - A large Southeast city is requesting federal...Ch. 6 - You are creating a customer database for the...Ch. 6 - You are completing a group term paper. Given the...Ch. 6 - You are managing a product upgrade project for...Ch. 6 - You are creating a database for the Oklahoma City...Ch. 6 - The planning department of an electronics firm has...Ch. 6 - Using Microsoft Project, set up the network and...Ch. 6 - The optical disk project team has started...Ch. 6 - From the following information, compute the early,...Ch. 6 - Given the following information, compute the...Ch. 6 - Given the information in the following lag...Ch. 6 - Given the network below, compute the early, late,...Ch. 6 - The CyClon project team has started gathering...Ch. 6 - Advantage Energy Technology Data Center...Ch. 6 - Advantage Energy Technology Data Center...Ch. 6 - Advantage Energy Technology Data Center...Ch. 6 - The GE Company is preparing a bid to build the new...Ch. 6 - The GE Company is preparing a bid to build the new...Ch. 6 - The G&E Company is preparing a bid to build the...
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