Question: Project Management Please fill in the blanks Need help ASAP!! To: P. Young, President From: [ ] Re: Current status of Ventura Stadium project The

Project Management Please fill in the blanks Need help ASAP!!

To: P. Young, President

From: [ ]

Re: Current status of Ventura Stadium project

The forecasted Completion date is February 21. That is [xxxx] days behind schedule.

CV=

[-11,500,000]

SV=

[-12,000,000]

EACf=

[336,651,585]

VAC=

[-26,651,585]

In terms of cost, the project is [xxxx] over budget. If we continue to earn only [xxxx] cents of work for each dollar spent the project will be completed at a cost of [xxxx] and be over budget by [xxxx].

With roughly [xxxx] percent of the project completed the project has utilized [xxxx] percent of the management reserve and is [xxxx] days behind schedule. This still give us roughly [xxxx] week buffer between the scheduled completion and opening day of baseball.

We [xxxx] continue to monitor the schedule closely, but with most of the critical work [xxxx] we [xxxx] be able to meet the April 3rd deadline.

 Project Management Please fill in the blanks Need help ASAP!! To:

P. Young, President From: [ ] Re: Current status of Ventura Stadium

project The forecasted Completion date is February 21. That is [xxxx] days

Ventura Stadium Status Report Case You are an assistant to Percival... Ventura Stadium Status Report Case You are an assistant to Percival Young, president of G\&E Company. He has asked you to create brief report on the status of the Ventura Stadium project. Ventura Stadium is a 47,000-seat professional baseball stadium. Construction started on July 8 , 2019 , and the stadium is to be completed on February 21,2022 . The project is estimated to cost $320,000,000. There are $35 million management reserves to deal with unexpected problems and delays. The stadium must be ready for the 2022 major league season. G\&E would accrue a $500,000 per day penalty for not meeting the April 3, 2022, deadline. It is February 25, 2021, the day crews start installing seats. Tables C13.1 and C13.2 contain information submitted by your counterpart at the Ventura site from which you are to create a report. Use the appropriate indexes/information to create a report informing Mr. Young on the overall status of the Ventura project in terms of costs and schedule. Note: Mr. Young is not interested in specifics, just how well the overall project is doing and if there is a need to take corrective action. page 520 TABLE C13.1 Ventura Project Earned Value Table as of 2/25/21 TABLE C13.2 Variance Table for Ventura Project as of 2/25/21 Ventura Stadium Status Report Case You are an assistant to Percival... Ventura Stadium Status Report Case You are an assistant to Percival Young, president of G\&E Company. He has asked you to create brief report on the status of the Ventura Stadium project. Ventura Stadium is a 47,000-seat professional baseball stadium. Construction started on July 8 , 2019 , and the stadium is to be completed on February 21,2022 . The project is estimated to cost $320,000,000. There are $35 million management reserves to deal with unexpected problems and delays. The stadium must be ready for the 2022 major league season. G\&E would accrue a $500,000 per day penalty for not meeting the April 3, 2022, deadline. It is February 25, 2021, the day crews start installing seats. Tables C13.1 and C13.2 contain information submitted by your counterpart at the Ventura site from which you are to create a report. Use the appropriate indexes/information to create a report informing Mr. Young on the overall status of the Ventura project in terms of costs and schedule. Note: Mr. Young is not interested in specifics, just how well the overall project is doing and if there is a need to take corrective action. page 520 TABLE C13.1 Ventura Project Earned Value Table as of 2/25/21 TABLE C13.2 Variance Table for Ventura Project as of 2/25/21

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 General Management Questions!