Question: QUESTION 2 (60 marks) You are the project manager at a company that was contracted to build an extra classroom at a local school. The

QUESTION 2 (60 marks) You are the project manager at a company that was contracted to build an extra classroom at a local school. The project will be completed through 5 activities (Activity A - Activity E) over the course of 6 weeks. The fee charged to the customer is R300 000 and will be received in equal amounts at the start of each project week. The builders on the project have provided the following information to assist you in compiling a time-phased project budget. BASIC NETWORK DIAGRAM FOR THE PROJECT: GENERAL COST INFORMATION: Refer below for an extract of a price list from the preferred supplier of building materials: Product Unit of measure Price Cement 50 kg R75 Building sand 1.5 m3 R600 Bricks Pallet R900 Tiles m2 R300 Tile cement 1 kg R46 Labour rates: The builder will make use of workers in 3 labour grades; the most experienced labourers (Grade 1) are paid an hourly rate equivalent to R480 per day. The labourers in Grade 2 are paid R45 per hour, and Grade 3 labourers are remunerated at R40 per hour. 0 5 5 10 10 25 25 30 0 5 5 10 10 25 25 30 5 15 5 15 ES EF LS LF E

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!