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 Install playing field 90 days 6 9 Construct upper steel bowl 120 days 6 10 Install seats 140 days 9 11 Build luxury boxes 90 days 9 12 Install jumbotron 30 days 9 13 Stadium infrastructure 120 days 9 14 Construct steel canopy 75 days 10 15 Light installation 30 days 10 16 Build roof supports 90 days 4 17 Construct roof 180 days 16 18 Install roof tracks 90 days 14 19 Install roof 90 days 17, 18 20 Inspection 20 days 8, 11, 13, 15, 19 Your group is leading this project team and needs to confirm if it would be possible to attend Mr. Earnings expectations. Precisely, he wants to be sure whether the ballpark will be ready before October 1st, 2024. You just collected a list of tasks and the duration of them. You will meet your team to discuss the project. For this meeting, you aim to present the schedule, the tasks that comprise the critical path, and the feasibility to attend Mr. Earnings needs. Instructions: Given the information provided in Table, organize the tasks in a way that your team can easily understand the project. Here are instructions of what you need to consider in your report. Review the instructional material. Define the best way to illustrate the project schedule. Your group can draw a network or a Gantt chart of this project as per our lecture notes and the description of a network in the book. You can draw it manually or you can use draw.io, wrike.com, MS Project (available through NKU), or even Excel to do it. There are also several free and open-source apps available on the internet. Analyze the chart your group prepared and answer the following questions: Will the project be able to be completed by the October deadline? How long will it take? What are the tasks that comprise the critical path for this project? What does it mean from a project management perspective? Based on your findings, what are your recommendations regarding the deadline and the contract? Justify your answer.

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 Install playing field 90 days 6 9 Construct upper steel bowl 120 days 6 10 Install seats 140 days 9 11 Build luxury boxes 90 days 9 12 Install jumbotron 30 days 9 13 Stadium infrastructure 120 days 9 14 Construct steel canopy 75 days 10 15 Light installation 30 days 10 16 Build roof supports 90 days 4 17 Construct roof 180 days 16 18 Install roof tracks 90 days 14 19 Install roof 90 days 17, 18 20 Inspection 20 days 8, 11, 13, 15, 19 Your group is leading this project team and needs to confirm if it would be possible to attend Mr. Earnings expectations. Precisely, he wants to be sure whether the ballpark will be ready before October 1st, 2024. You just collected a list of tasks and the duration of them. You will meet your team to discuss the project. For this meeting, you aim to present the schedule, the tasks that comprise the critical path, and the feasibility to attend Mr. Earnings needs. Instructions: Given the information provided in Table, organize the tasks in a way that your team can easily understand the project. Here are instructions of what you need to consider in your report. Review the instructional material. Define the best way to illustrate the project schedule. Your group can draw a network or a Gantt chart of this project as per our lecture notes and the description of a network in the book. You can draw it manually or you can use draw.io, wrike.com, MS Project (available through NKU), or even Excel to do it. There are also several free and open-source apps available on the internet. Analyze the chart your group prepared and answer the following questions: Will the project be able to be completed by the October deadline? How long will it take? What are the tasks that comprise the critical path for this project? What does it mean from a project management perspective? Based on your findings, what are your recommendations regarding the deadline and the contract? Justify your answer.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section: Chapter Questions

Problem 30P

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Question

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	Install playing field	90 days	6
9	Construct upper steel bowl	120 days	6
10	Install seats	140 days	9
11	Build luxury boxes	90 days	9
12	Install jumbotron	30 days	9
13	Stadium infrastructure	120 days	9
14	Construct steel canopy	75 days	10
15	Light installation	30 days	10
16	Build roof supports	90 days	4
17	Construct roof	180 days	16
18	Install roof tracks	90 days	14
19	Install roof	90 days	17, 18
20	Inspection	20 days	8, 11, 13, 15, 19

Your group is leading this project team and needs to confirm if it would be possible to attend Mr. Earnings expectations. Precisely, he wants to be sure whether the ballpark will be ready before October 1st, 2024. You just collected a list of tasks and the duration of them. You will meet your team to discuss the project. For this meeting, you aim to present the schedule, the tasks that comprise the critical path, and the feasibility to attend Mr. Earnings needs.

Instructions:

Given the information provided in Table, organize the tasks in a way that your team can easily understand the project. Here are instructions of what you need to consider in your report.

Review the instructional material.
Define the best way to illustrate the project schedule. Your group can draw a network or a Gantt chart of this project as per our lecture notes and the description of a network in the book. You can draw it manually or you can use draw.io, wrike.com, MS Project (available through NKU), or even Excel to do it. There are also several free and open-source apps available on the internet.
Analyze the chart your group prepared and answer the following questions:
- Will the project be able to be completed by the October deadline? How long will it take?
- What are the tasks that comprise the critical path for this project? What does it mean from a project management perspective?
- Based on your findings, what are your recommendations regarding the deadline and the contract? Justify your answer.

Expert Solution

Step 1

1. During forward pass in case of more than two preceding activities the early start will be equal to the maximum early finish (early ending) of the preceding activities.

2. During backward pass in case of more than two preceding activities the late finish will be equal to the minimum late start (late ending) of the preceding activities.

note: since it is not mentioned that a workweek is 5 days or 7 days, we have assumed 7 days work week.

assumption of 7 days work week is made because, in long projects, work keeps going on everyday until project is completed. it is because the cost associated with projects is very high.

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