Find the critical path and determine its duration

Reference no: EM131206617

Proposed Max Light Rail Project

Task List

Your team has been asked to determine what a one way ticket price needs to be set to, in order to be able to break even at the end of a 50 year time frame.

To help you to provide a response to this request you are required to present the following in your formal report to the government:

Task 1. Draw the Gantt charts pertaining to each of the Work Breakdown Structures for the Mechanical, Communication / IT and Electrical scope of work components as per tables 5, 6 and 7 respectively. (Note: The Gantt charts can be hand drawn but no free hand drawings are acceptable as this is a formal report. All charts are to be clearly labeled and show total time duration in weeks. )

Task 2. Draw an AOA diagram for the of the Electrical Engineering scope of works, starting from and including activity "AE" up to and including activity "OE". Refer to table 7.

a. Find the critical path and determine its duration.

b. Find the shortest path and determine the slack.

c. State by how many weeks the relocation of all existing electrical infrastructure could be delayed by, without affecting the completion time of the overall Electrical Engineering component of the project.

d. State by how many weeks the upgrade of existing substations and installations of new transformers and switch gear could be delayed by, without affecting the completion time of the overall Electrical Engineering component of the project.

e. Similarly, by how many weeks could the termination of the primary incoming 66kV overhead feeders be delayed by, without affecting the project duration time?

Task 3. Using the data given in Table 4 of the Appendix and incorporating information attained from question 1, draw the complete Gantt chart of the "Master Plan" for this project.

Task 4. Using the now completed Table 4 determine the overall expected project completion time from the initial tender, "Activity A" to the commissioning and handover of the complete project, "Activity K ". Clearly state how many weeks in total it will take to build and commission the light rail project. This is a critical number as it will determine when the project can commence earning revenue. Derive the total revenue equation.

Task 5. Draw the pre-tax cash flow diagram for the total project taking into account all relevant cash inflows and outflows.

Task 6. Given that the project is to break even at the end of 50 years, determine the value of a one way ticket price, $N if the government can negotiate an interest rate of 2.5%. (Show your working) Is this in breach of a government constraint for the project?

Task 7. Alternative Scenario: Assume the government at short notice, can at best negotiate to borrow the funds at an interest rate of 3%. By setting the price of a one way ticket $N = $3, calculate how many years it would take to break even. (Show your working) Is this in breach of a government constraint for the project?

Task 8. You are asked to look at a further scenario, where the government wants to set the price of a one way ticket to $N = $2.50 Given that the project must break even at the end of 50 years, calculate what interest rate must be negotiated, to achieve this. Give your answer to an accuracy of six decimal places. (Show your working)

Task 9. Part of your role is to select the engineering contracting company to carry out the build of the Electrical, Mechanical and Comms IT construction work. The list of accredited tenderers has been narrowed down to two companies. Both companies have provided their respective financial statements for the past two fiscal years. Refer to Appendix 2. Calculate the solvency, liquidity and profitability ratios for each company (for both financial years) and display your workings. Based on your calculations in 500 words or less make your recommendation as to which company would be better placed to undertake this project. In your own words clearly explain your reasoning.

Task 10. Team Formation.

- Form your own team of three people that you wish to work with.
- Refer to the notes on Team Development and Organising teams. In particular the "five stage group model" of team formation and "leadership" respectively.
- Elect a team leader. It is the team leader's role to ensure that all team members hand in their assignment on time.
- Define clearly amongst yourselves who is doing what and by when.
- If you are the team leader: In your own words write a short paragraph (50 - 100 words) on the power tactics that you used to motivate and influence your group's behaviour. Highlight which tactic worked best for you.
- If you are a team member: In your own words write a short paragraph (50 - 100 words) on the power tactics that your team leader used to motivate and influence the group's behaviour. Comment on the tactic's effectiveness. Also comment on if you had been the team leader, describe if you would have used the same or a different tactic to motivate the team.

Report Format and Mark Breakdown

1. Assignment Office Registration Cover Page

2. Your Cover page - With Name and student ID numbers of all team members and who the leader was.

3. Introductory paragraph (in your own words) An executive summary outlining what this report will address.

4. Your answers to each of the ten tasks. Include all charts and calculations. Each task you are answering must be numbered. [175 Marks - For tasks 1 to 10. Refer to task list for breakdown]

5. Concluding paragraph (in your own words) summarising your results.

6. Paragraph (in your own words) of the power tactics that were used and their effectiveness.

7. Assignment Presentation
Total possible assignment marks = [200 Marks] When handing in your report:
- Your reports must be handed in together with your other team members reports. Place the team leader's report on top. This can be done by either of two ways:
o You may have all three reports inserted in the one plastic sleeve, or,
o You can have three plastic sleeves all tied together in one corner.
o When collecting your reports from the assignment office you will need to know your team leaders name as they will be catalogued under your team leader's name.

Attachment:- MGMT.rar

Reference no: EM131206617

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Reviews

len1206617

9/15/2016 1:08:41 AM

In the appendix you have been given tables of the work breakdown structures covering the expected Electrical, Mechanical and the Communications / IT engineering scope of works.You have also been given a table of the Master Plan for the project.• Your reports must be handed in together with your other team members reports. Place the team leader’s report on top. This can be done by either of two ways: o You may have all three reports inserted in the one plastic sleeve, or, o You can have three plastic sleeves all tied together in one corner. o When collecting your reports from the assignment office you will need to know your team leaders name as they will be catalogued under your team leader’s name.

9/15/2016 1:07:25 AM

1. The Assignment is due COB Friday the 23rd of September 2016. 2. The Assignment is worth 20% of the total MGMT 3000 unit mark. 3. It is to be handed in to the assignment office and later collected from the assignment office. 4. Your report must have a signed cover sheet from the assignment office. 5. Each team member is to hand in a complete report in his/her own name with its own cover page. Each report will be marked individually. It is quite OK to have your own independent views. You don’t have to agree with your team member’s view(s). 6. As this is a professional report for the government, nothing in the report is to be drawn free hand. All diagrams must be either printed of ruled up and/or stenciled. Only ink pen is to be used. All charts and diagrams are to be clearly labeled. Any main paragraphs of text must be typed. 7. Calculations can be hand written (neatly) and must be shown. Label which task you are answering. 8. A total of 10 marks will be allocated for the overall presentation of the assignment. 9. Late assignments – will incur a daily 10% penalty deduction off the total mark.

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