Reference no: EM133828734

Question

Pier Construction Company specializes in the design and construction of steel and concrete bridges. The first phase of the company's project management methodology. initiation, includes identification of project opportunities and assessment of its risks and alignment with goals. Pier's marketing department identified an opportunity: a well-known bridge architect recently completed the concept design for a cable-stayed bridge intended to cross over electrified railway lines. Senior managers felt the company could handle the project and decided to pursue it; this marked the beginning of the next phase, cost estimating. The estimating team visited the site; reviewed available resources and skills; performed a detailed risk assessment; and prepared a preliminary plan for detail design. procurement, logistics and construction. The phase includes Activities A and B in Table 4, which was necessary to prepare the bid for building the bridge. The phase concluded with a presentation to the customer, the rail authority. The project manager and the estimating team met with the architect and structural engineers to acquaint themselves with the design. They then met with the subcontractors whom they might choose to construct the pilings and fabricate steel components. Following these meetings, the initial duration estimate and initial cost estimate were completed,