Question 1: Complete project by January 1st?For public “optics” of project progress, the board of directors was interested in having theproject complete by January 1st, 2024. Would this be possible?...

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Question 1: Complete project by January 1st?

For public “optics” of project progress, the board of directors was interested in having the

project complete by January 1st, 2024. Would this be possible? If so, how much would

the project cost?

Question 2:

After receiving approval from the board in the normal time, Paolo ran into problems

obtaining the necessary building permits. The land on which the building is planned to

be built on was recently zoned as residential. As a result, a re-zoning approval had to

accompany the building permits. This re-zoning approval required an additional two

weeks to obtain. If Paolo wants to complete the project in the original “normal” time

of (63) weeks, what specific actions must he know take to minimize costs

while still completing the building as originally scheduled?

Question 3: Project Triangle

Recognizing that the exposure the games will provide for Milan and Italy in general, the

tourism departments of the federal, provincial, and municipal governments are

considering providing additional funding for select construction projects, including the

second administrative office. The board of directors would like to know how a potential

“budget increase” of a few hundred thousand dollars could impact the other aspects of the

project. Assume the project has recently begun and is progressing at the normal schedule





See file attached



The 2026 Winter Olympics, officially the XXV Olympic Winter Games (Italian: XXV Giochi olimpici invernali) and also known as Milano Cortina 2026 (Ladin: MilanoAnpezo 2026 or Milano-Ampëz 2026), is an upcoming international multi-sport event scheduled to take place from 6 to 22 February 2026 in the Italian cities of Milan and Cortina d'Ampezzo. In addition to the recently completed headquarters in Milan, the organizing committee for the 2026 has decided to build a second administrative office. The building will be used by yet to be hired staff that will manage and administer the completion of various event facilities and the athlete’s village. To complete the building so that the management staff could be in their new offices relatively soon, Paolo Vincenzi, the organizing committee’s VP of Facilities who had overall responsibility for the project’s completion, decided to apply some project management techniques. This required that he research all the various activities that were required as part of this project and understand how they were related. Assume that today’s date is November 1, 2022. Paolo knew that the first step in this project was to obtain approval from the organizing committee’s board of directors, but first a proposal including rough drawings and a budget would need to be determined. Once approval was given, final drawings would be prepared and building permits could then be obtained based on these drawings. The staff recruitment process could be initiated upon board approval. With the necessary permits in hand, the actual construction of the addition could begin. Upon completion of the building exterior, the landscaping could be started and the interior work on the offices could be done simultaneously. Once the interiors were completed, a final inspection and finish-up would be required. The staff, once recruited, would need to make some choices with regards to their furniture and systems requirements before an order could be placed. Once the interior passed inspection, the furniture could be installed. However, the systems cannot be hooked up until there is furniture to put it on. Once all of the above activities are complete, staff would be allowed to move into their new offices. In preparation for the upcoming board meeting, Paolo developed an initial budget for the project based on the normal costs associated with each of the project’s individual activities. Paolo’s estimated cost for each activity is shown below, along with the activity’s estimated completion time. Also listed are crash costs and crash times, in the event it would be necessary to accelerate a specific activity. Question 1: Complete project by January 1st? For public “optics” of project progress, the board of directors was interested in having the project complete by January 1st, 2024. Would this be possible? If so, how much would the project cost? Question 2: After receiving approval from the board in the normal time, Paolo ran into problems obtaining the necessary building permits. The land on which the building is planned to be built on was recently zoned as residential. As a result, a re-zoning approval had to accompany the building permits. This re-zoning approval required an additional two weeks to obtain. If Paolo wants to complete the project in the original “normal” time of (63) weeks, what specific actions must he know take to minimize costs while still completing the building as originally scheduled? Question 3: Project Triangle Recognizing that the exposure the games will provide for Milan and Italy in general, the tourism departments of the federal, provincial, and municipal governments are considering providing additional funding for select construction projects, including the second administrative office. The board of directors would like to know how a potential “budget increase” of a few hundred thousand dollars could impact the other aspects of the project. Assume the project has recently begun and is progressing at the normal schedule (Below: Chart 1, and chart 2 with more details)
Answered Same DayNov 24, 2022

Answer To: Question 1: Complete project by January 1st?For public “optics” of project progress, the board of...

Banasree answered on Nov 25 2022
6 Votes
1. Yes. Possible.
No additional cost.
Cost as per the chart 2 - $3,398,000.0

2. Paolo’s cost
estimate needs:
1. The conceptual planning cost
2. Consideration for the feasibility
3. The costing must be done at planning and design stage.
4. Construction estimate has to be realistic
5. If...
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