A construction contractor has over 6 projects in progress; however, the construction of a senior school with specialist water sports facilities, valued at £12m, the project has been experiencing challenges. The challenges of the project relate to overspending, slow progress, and inadequate protocols for the efficient processing of interim payments.

 

 Required

1. Explain how I could go about investigating the challenges on the Senior School site.
2. In a table or diagram explain how I would institute a workable earned value analysis system to resolve the problems affecting the senior school site.
3. Create a site management structure that can implement commercial decisions to help the cash flow management on the senior school project.

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Income statement (Profit & Loss) Revenue Operating costs Amortisation of acquired intangible assets Other operating income share of post-tax results of joint venture Operating profit/(loss) Finance income Finance costs Profit/(loss) before tax Taxation Profit/(loss) for the period 2021 2020 EM EM 2,224,50 2,070.60 2,193.70 1,963.50 -7.90 -9.00 0.50 23.20 1.60 0.00 25.00 0.60 8.40 -22.20 -13.80 121.30 3.80 -14.50 110.60 -23.10 87.50 Income statement (Profit & Loss) Revenue Operating costs Amortisation of acquired intangible assets Other operating income share of post-tax results of joint venture Operating profit/(loss) Finance income Finance costs Profit/(loss) before tax Taxation Profit/(loss) for the period 2021 2020 EM EM 2,224,50 2,070.60 2,193.70 1,963.50 -7.90 -9.00 0.50 23.20 1.60 0.00 25.00 0.60 8.40 -22.20 -13.80 121.30 3.80 -14.50 110.60 -23.10 87.50