Essay

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| |[pic] |
|Renovation of Shea Stadium - | |
|Home of the New York Mets | |
Background
In November 2004 Ace Builders (your employer) was awarded a contract for the renovation of Shea Stadium to house the New York Mets. An artist rendition of the proposed renovations is shown in Figure 1.

Figure 1. Proposed stadium for the
New York Mets

The construction must start on January 14, 2004 and must be …show more content…
With this new information, he could no longer rely on base case completion date estimate, since that analysis was based on assuming that each task began as soon its predecessor task or tasks were completed, and that the nature and duration of each task was known and invariant.

At the end of the planning meeting, Jim Brown asked the project management team to study two options: • In the event of a four-week strike, how much of the $20M in profit would Ace lose? What will be the new completion date? • If the weather is indeed cold and wet (assume May time frame), should this be a major planning issue for construction of the playing field (justify your answer with numbers)?

As a member of the project management team, your task is to analyze the options and produce a two-page report summarizing your results (This is Part II of Homework II).

Part III
Now it is December 10, 2004. The weather has been favorable and so Ace Builders did not face any problem with a strike or bad weather. Up-to-date information for the Stadium Project is given in Table 2. You must develop a status report for Mr. Brown using standard evaluation “figures of merit” such as BCWS, ACWP, BCWP, EAC and the performance SPI and CPI indexes.

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