Question: Stadium Builders RS are preparing a bid to build a new 75,000 seat baseball stadium in Delaware. The construction must start on June 1, 2021
Stadium Builders RS are preparing a bid to build a new 75,000 seat baseball stadium in Delaware. The construction must start on June 1, 2021 and be completed in time for the 2024 season. A penalty clause of $90,000 per day of delay beyond April 20, 2024 is written into the contract.
Willie Robertson, the president of the company could net as much as $1.9MM on the project. He also said if they are successful, the prospects for future projects are very good since there is a projected interest in building new ball parks with modern luxury boxes.
Given the information provided below for the stadium project, answer the following questions:
- Will the project be completed by the April 20th deadline?
- How long will it take?
- What is the critical path for the project? (Highlight this on your Gantt chart if possible)
- Based on the schedule, would you recommend that the new owner pursue this construction contract? Why or Why not?
- Include a one page Gantt chart for the stadium schedule.
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