Question: Project Management You are the general contractor for a high - end, private residence construction job. You manage teams of subcontractors who work on various

Project Management You are the general contractor for a high-end, private residence construction job. You manage teams of subcontractors who work on various aspects of the house, from plumbing and electrical to drywall and landscaping. The homeowners, Robert and Maggie Applebaum, want to be in their new house in 4 months and will check in with you regularly about its progress. It is your job to make sure daily operations at the site are running smoothly and that the house is completed on time and within budget, without negatively affecting your other building projects. Your Goal: Complete the house on time, achieve profits of
10%
or greater (meaning you should spend
$162,000
or less of your
$180,000
budget on all building costs), and keep the subcontractors and homeowners happy. Your reputation is at stake. Separate your work into two phases: 1. Planning Phase - Select all sub-contractors before you start the simulation. Your choices will alter Projected Project Cost and the Projected Completion data. Use this information so you can anticipate both an on-time finish and a profit prior to beginning construction. 2. Execution Phase - Review incoming messages as they arrive and revise your project plan as circumstances change during construction. In both the Planning and Execution Phases of the simulation, you will select or update your choice of subcontractors for each task. At every decision point, you will have 3 options to choose from each offering services at different costs and speeds to complete their work. You may also choose to expedite the work of a given subcontractor by paying for overtime or extra workers. You must click "Save" for your decision to record in your project plan. Make choices that will allow you to finish on-time and in-budget.FROM: Manuel Garcia/Third National Bank SUBJECT: Account Details Hellot rve been reviewing your loan history and wanted to ofter a few insights befoce you get started. Your project budget on this house is
$380,000
. In order to achieve a hoalthy peofit for your company, your goal should be to spend 10h, less than this budget, or less than
$162,000
, in total on all of your subcontractors. if you're successful your higher profit margin will open the door to even larget construction loans to build more expensive homes in the future, which is great for both of us! If, however, your expenses fall between
$162000
and
$180,000
, your peofits will be negligible, Youl be able to repay your losn, but due to the low margin and poot results for your company, we at Third National Bank. will have a harder time approving future construction loans. If you spend more than
$180,000
, be forewarned that your subcontractors and/or this bank will likely place a lien on the property to ensure payment. If you would the to discuss any of this further, please dant hesitate to call Very Best, Manuel Garcis Loan Office Task Time Task Cost REMAINaNG TASKS COMPLETED TASKS ENTRE PROJECT Task Cost COMPLETEO TASKS ENTIRE PNOJECTTASK A - EXCAVATION Select Subcontractor Save Deep Down Excavators Complete work in 11 days.Labor cost
$4900
. Excavation Station Complete work in 7 days. Labor cost
$7000
. Excavators Express Complete work in 5 days.Labor cost
$9000
. Select Expedite options Choose Work Overtime Costs
$1872
extra. Reduces task time by 3 days. Increase number of workers Costs
$1100
extra. Reduces task time by 2 days. TASK B - PLUMBING The subcontractor you choose will also be locked in for Tasks
H
and
T
after this task starts. Select Subcontractor Penny Pincher Plumbing Complete work in 6 days.Labor cost
$2800
. Rudy's Plumbing Complete work in 4 days. Labor cost
$4000
. Pipe Dream Plumbing Complete work in 3 days. Labor cost
$5000
.

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