Module: Construction Financial Management and Procurement

Task

Currently, Clyn contractors have over 6 projects on the books; however, the construction of a fully-fledged academy with specialist water sports facilities, valued at 12m, has been experiencing challenges. The challenges on the project relate to overspending, slow progress, and inadequate protocols for efficient processing of interim payments.

1. Explain you could go about investigating the challenges on the fully-fledged Academy site. (300 words) 20 Marks
2. With a help of templates, tables, or diagrams, explain how you would institute a workable earned value analysis system to resolve the problems affecting the fully-fledged academy site. (400words) 50 Marks
3. Create a site management structure that can implement commercial decisions to help the cash flow management on the fully-fledged academy project. 30 Marks