Question: The first image is the given information. Could you help me answer the bottom section of questions? Thanks! Question #2 A summary of the facts:

 The first image is the given information. Could you help meanswer the bottom section of questions? Thanks! Question #2 A summary of

The first image is the given information. Could you help me answer the bottom section of questions? Thanks!

Question #2 A summary of the facts: 1. Original project cost: $1,250,000 2. Original project schedule: 10 months 3. Planned value: $740,000 at 4 months 4. Actual cost: $770,000 at 4 months 5. Earned value: $680,500 at 4 months 6. Current monthly staff: 5 people 7. Current monthly overheads: a. $23,000 per month for salaries, b. $12,300 per month for project overheads, and c. $4,900 per month for General overheads. 8. Contractual Liquidated Damages (LDs)$5,000 per day of delay 9. Assume that 1 month is 30 days g. Being the construction financial manager of the company and given the above mentioned information i. Calculate the overall expected cost at completion (ECAC) after including the overhead costs and (LDs) 1. If we assume the cost and schedule variances are atypical? 2. If we assume the cost and schedule variance are typical? ii. What is the overall expected cost at completion (ECAC) to maintain the finish date of the project, as per the contractual agreement, taking into consideration that the project will require the followings? 1. Adding (2) crews of B-19A at a total daily cost of $5,004 per day including all labor burdens, 2. Adding (1) crew of B-12C at a total cost of $1950 per day including all labor burdens, and 3. Adding 4 helpers at a daily cost of $265 each including all labor burdens. h. Among the alternatives calculated within part (g), which one will you pick and why? Students are free to discuss their choice within any scenario they decide on, taking into consideration that the most important objective is the benefit of the company Question #2 A summary of the facts: 1. Original project cost: $1,250,000 2. Original project schedule: 10 months 3. Planned value: $740,000 at 4 months 4. Actual cost: $770,000 at 4 months 5. Earned value: $680,500 at 4 months 6. Current monthly staff: 5 people 7. Current monthly overheads: a. $23,000 per month for salaries, b. $12,300 per month for project overheads, and c. $4,900 per month for General overheads. 8. Contractual Liquidated Damages (LDs)$5,000 per day of delay 9. Assume that 1 month is 30 days g. Being the construction financial manager of the company and given the above mentioned information i. Calculate the overall expected cost at completion (ECAC) after including the overhead costs and (LDs) 1. If we assume the cost and schedule variances are atypical? 2. If we assume the cost and schedule variance are typical? ii. What is the overall expected cost at completion (ECAC) to maintain the finish date of the project, as per the contractual agreement, taking into consideration that the project will require the followings? 1. Adding (2) crews of B-19A at a total daily cost of $5,004 per day including all labor burdens, 2. Adding (1) crew of B-12C at a total cost of $1950 per day including all labor burdens, and 3. Adding 4 helpers at a daily cost of $265 each including all labor burdens. h. Among the alternatives calculated within part (g), which one will you pick and why? Students are free to discuss their choice within any scenario they decide on, taking into consideration that the most important objective is the benefit of the company

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