Case Study|Business Finance – Operations Management
Shoreline Stadium Case
The G&E Company is preparing a bid to build the new 47,000-seat Shoreline baseball stadium. The construction must start on July 3, 2017, and be completed in time for the start of the 2020 season. A penalty clause of $250,000 per day of delay beyond April 3 is written into the contract.
Percival Young, the president of the company, expressed optimism at obtaining the contract and revealed that the company could net as much as $3 million on the project. He also said if they were successful, the prospects of future projects are bright since there is a projected renaissance in building classic ball parks with modern luxury boxes.
ASSIGNMENT
Given the information provided in Table 6.3, construct a network schedule for the stadium project and answer the following questions
ID
Activity
Duration
Predecessor(S)
1
Baseball Stadium
2
clear stadium site
70 days
–
3
Demolish building
30 days
2
4
Set up construction site
20 days
3
5
Drive Support piling
120 days
4
6
pour lower concrete bowl
120 days
5
7
pour main concourse
120 days
6
8
Install playing field
90 days
6
9
Construct upper steel bowl
120 days
6
10
Install Seats
140 days
9
11
Build Luxury Boxes
90 days
9
12
Install jumbotron
3o days
9
13
Stadium Infrastructure
120 days
9
14
Construct Steel Company
75 days
10
15
Light installation
30 days
10
16
Build roof supports
90 days
4
17
Construct roof
180 days
16
18
Install roof Tracks
90 days
14
19
2o
Install roof
Inspection
90 days
20 days
17, 18
8, 11, 13, 15, 19
1.Will the project be able to be completed by the April 3 deadline? How long will it take?
2.What is the critical path for the paper?
3.Based on the schedule would you recommend that G&E pursue this contact? Why? Include a one-page Gantt chart for the stadium schedule.
Case Appendix
Technical Details For The Shoreline Baseball Stadium
For aim of this case assume the following:
The following holidays are observed: January 1, Martin Luther King Day (third Monday in January), Memorial Day (last Monday in May), July 4th, Labor Day (first Monday in September), Thanksgiving Day (4th Thursday in November), December 25 and 26.
If a holiday falls on a Saturday then Friday will be given as an extra day off, and if it falls on a Sunday then Monday will be given as a day off.
The construction crew work Monday through Friday.
Case Study: Shoreline Stadium Instructions
Read the Shoreline Stadium Case. Considering the information provided, construct a Risk Response Matrix (see text p. 220) that details at least 3 risk events that are likely for this case, your responses to the risks, contingency plans, triggers, and the responsible party for each risk event. Then, using Microsoft Project, create a Gantt chart that details the project schedule (see Table 6.3 p. 205 for task details). Once the chart is created, answer the questions on p. 204 in the format described below.
1.Will the project be able to be completed by the April 3 deadline? How long will it take?
2.What is the critical path for the project?
3.Based on the schedule would you recommend that G&E pursue this contact? Why? Include a one-page Gantt chart for the stadium schedule
The student is to submit two documents.
1. The first document is a paper completed in Microsoft Word that follows current APA format.
2. The second document is the Microsoft Project file, which is also required.
The paper is to include at least 3 resources (the text and at least 2 peer-reviewed sources) and total of 5–6 pages while including the following:
The paper is to include at least 3 resources (the text and at least 2 peer-reviewed sources) and total of 5–6 pages while including the following:
1. Title page.
2. Project Summary (2–3 pages), including an introduction to the project and recommendations (based on questions 1–3 from p. 204). For this assignment, include research-based rationale for your answers; be sure to include a discussion of possible risks as well as the date the project is scheduled to be completed.
3. Appendix: One-page Risk Response matrix.
4. Reference page.
Image result for figure 7.8 risk response matrix
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