As the construction manager what scheduling factors will

Assignment Help Operation Management
Reference no: EM13387562

An owner wishes to construct a five-story hotel. Your firm has been selected to complete the construction management portion of the project. The project includes a liquidated damages clause in the specifications. The liquidated damages clause states that if the project is completed ahead of the projected schedule, then for every day ahead of schedule, your firm will receive a bonus of $2,500. The specifications also state that, for every day behind schedule, you will forfeit (pay) $2,000 to the owner. As the construction manager, what scheduling factors will you consider prior to submitting the final schedule to the owner? In your response, identify two advantages and disadvantages associated with projects that include liquidated damages in the contract.

Please provide references in APA format.

Reference no: EM13387562

Questions Cloud

The primary financial goal of a for-profit corporation is : the primary financial goal of a for-profit corporation is to make a profit to maximize shareholder wealth.choosing any
Be typed double spaced using times new roman font size 12 : using the financial statements from your selected health care oragnization in assignment 1 develop a financial plan for
Select a publicly traded organization of your choice use : select a publicly traded organization of your choice. use the internet to find financial information about your
It is often recommended that bank of canada try to decrease : a. it is often suggested that the bank of canada try to reduce the inflation rate to zero. if we assume that
As the construction manager what scheduling factors will : an owner wishes to construct a five-story hotel. your firm has been selected to complete the construction management
One year ago you bought a stock for 3648 a share you : 1.one year ago you bought a stock for 36.48 a share. you recently received a dividend of 1.62 per share and sold the
In december 2013 the government announced the terms of : in december 2013 the government announced the terms of reference for the financial system inquiry. it has been 16 years
Now assume you are in a perfect market with only corporate : now assume you are in a perfect market with only corporate taxes added. cde corp. is all equity financed with 5000
Sudson washer and dryer service is in the business of : sudson washer and dryer service is in the business of leasing used washers and dryers to apartment landlords for a

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd