Question: 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

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 on the project relate to overspending, slow progress, and inadequate protocols for efficient processing of interim payments.

A construction contractor has over 6 projects in progress; however, the constructionof a senior school with specialist water sports facilities, valued at 12m,

  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.

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 25.00 121.30 0.60 3.80 -17.20 -14.50 8.40 110.60 -22.20 -23.10 -13.80 87.50 Statement of Financial Position (Balance sheet) Assets Non-current assets Intangible assets Property, plan and equipment Investments In Joint ventures Deferred tax assets Other assets Current assets Inventories Trade and other receivables Current tax assets Cash and cash equivalent Total assets Llabilitles Current Liabilities Loans and borrowings Current tax Ilabilities Trade and other llabilities Provisions Non-current llabilities Total Liabilities Net assets Equity Number of shares Dividends Share price 2021 2020 EM EM 153.40 170.90 422.00 399.20 4.60 3.70 26.90 39.30 21.50 23.70 628.40 636.80 80.30 72.60 610.90 589.20 14.70 18.70 110.50 67.70 816.40 748.20 1,444.80 1,385.00 48.30 -19.10 -42.80 -18.60 -474.40 -10.80 -546.60 452.90 -999.50 445.30 445.30 72.00 26.30 4.96 480.50 -10.30 -558.20 -354.60 -912.80 472.20 472.20 72.00 20.80 m 9.73 million

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!