1. What problem did MICC face in the RP? What could the possible causes be? 2. Develop Gantt chart of the major milestones given in Exhibit 4 in the case study text. Assume the project starts on January 2013. 3. Explore and discuss various alternatives of putting the project in on fast track using the nature of the project site and the nature of the project work 4. Given the choice, how would you have planned the project differently? 5. Using columns "Activity" and "Predecessor" from Exhibit 3 and column "Cost in Exhibit 5 develop project network indicating the cost of each activities. Assume all activities relations are Start-to-Start. 1 Page 1 of 1 126 words + 10096 Q Final coat of interior painting SS+1day 24,400 SS: Start to Start;FS: Finish to Start Source: MICC Project Documents EXHIBIT 4: MAJOR MILESTONES Sr. No. Description Time allowed from the date of the award of the contract (in months) Amount to be withheld by NIM In case of the non-achievement of milestones (in INR millions) 1.2 1 4 2. 6 Completion of four classroom blocks (l.e., 40 per cent work) Completion of 2 Administrative Blocks (1.e. 60 per cent work) Completion of 2 Faculty Blocks (I.e., 80 per cent work) Final completion 0.6 3 7 0.6 4 8 0.4 Per cent equivalent work completion is proportionate to time required; however, the buffer time is provided for smooth project execution #NIM would take 10 days to settle bills presented by MICC after achieving particular milestones. Source: Project Tender Documents. he 1. What problem did MICC face in the RP? What could the possible causes be? 2. Develop Gantt chart of the major milestones given in Exhibit 4 in the case study text. Assume the project starts on January 2013. 3. Explore and discuss various alternatives of putting the project in on fast track using the nature of the project site and the nature of the project work 4. Given the choice, how would you have planned the project differently? 5. Using columns "Activity" and "Predecessor" from Exhibit 3 and column "Cost in Exhibit 5 develop project network indicating the cost of each activities. Assume all activities relations are Start-to-Start. 1 Page 1 of 1 126 words + 10096 Q Final coat of interior painting SS+1day 24,400 SS: Start to Start;FS: Finish to Start Source: MICC Project Documents EXHIBIT 4: MAJOR MILESTONES Sr. No. Description Time allowed from the date of the award of the contract (in months) Amount to be withheld by NIM In case of the non-achievement of milestones (in INR millions) 1.2 1 4 2. 6 Completion of four classroom blocks (l.e., 40 per cent work) Completion of 2 Administrative Blocks (1.e. 60 per cent work) Completion of 2 Faculty Blocks (I.e., 80 per cent work) Final completion 0.6 3 7 0.6 4 8 0.4 Per cent equivalent work completion is proportionate to time required; however, the buffer time is provided for smooth project execution #NIM would take 10 days to settle bills presented by MICC after achieving particular milestones. Source: Project Tender Documents. he