question archive Metharom Construction (MC) plans to become a leading provider of housing construction and renovation services in the South-East Melbourne area
Metharom Construction (MC) plans to become a leading provider of housing construction and renovation services in the South-East Melbourne area
Subject:Civil EngineeringPrice: Bought3
Metharom Construction (MC) plans to become a leading provider of housing
construction and renovation services in the South-East Melbourne area. The company's overall strategy will be based on a continuing improvement process of setting objectives, measuring results, and providing feedback to facilitate further growth and progress. They have been involved in commercial construction for 3 years and are now branching out to residential housing.
You will be taking on the role of the administration manager, and your responsibilities include: preparation of budget reports, analyse and evaluate expenses, improve current policies and procedures regarding financing, create reports regarding financial issues and policies, be accountable for and manage staff.
Project : Roulade Rd Education Facility
a) The project on Roulade Rd Education Facility has commenced and has reached the roofing stage. The total budget for this school building is $2000000 - 15% payment has been made by the client so far. They have decided to pay monthly (per month $166666)
With reference to the roof plan, you will need to perform the following tasks:
a) Using the Cordell estimate titled 'Roofing (CPCCBC5002A)', Develop an estimate with cost centres for the roofing works, including labour, materials, plant and subcontractors. If there is any information not provided on the plan, then you are required to include your own inputs.
b) Determine three examples of cost related risk relevant to this project, and compare the estimated risk against the estimated costs.
c) Make a pessimistic cash flow projection for the roofing, including critical financial phases, and a corresponding contingency plan. The pessimistic cash flow should consider time risk and cost risk
Using the cash flow draw a S- curve reflecting the resource control
b) To project and track spending for the roofing, you will need to develop a schedule of spending and implement expenditure controls for the work team.
Your monitoring process will need to be explained to the site supervisor through a procedural document. Your document will need to include:
a) A schedule of spending, with critical points identified (you may use MS Project or MS excel to assist you with this task)
b) Methods of monitoring cash inflows and outflows daily, including payment claims and progress payments
c) Comparison of the critical financial phases in cash flow for an early start, and an early finish of the roofing work
