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Gantt Chart | Project Management

   

Added on  2022-09-22

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Running head: PROJECT MANAGEMENT
Project management
Name of the Student
Name of the University
Author’s Note
Gantt Chart | Project Management_1

PROJECT MANAGEMENT
1
Table of Contents
Part I.................................................................................................................................................2
Part II...............................................................................................................................................2
a) Explanation of the 1st option that is 4-week strike................................................................2
b) Explanation of the 2nd option that is cold and wet weather.....................................................3
Part III..............................................................................................................................................4
a) SPI calculation and its impact on the schedule........................................................................4
b) CPI calculation and its impact on schedule.............................................................................5
c) Executive summary by using statistics...................................................................................6
d) EAC calculation and remaining critical path..........................................................................7
Bibliography....................................................................................................................................9
Gantt Chart | Project Management_2

PROJECT MANAGEMENT
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Part I
The Gantt chart that is provided below helps in reflecting that Stadium construction
project will get completed within 62 wks. of time and as per this plan if the project proceed then
it is assumed that the project will get finished by 22nd March 2005 which is earlier than the
deadline date of the project. In addition to this, critical activities of the project are also shown
with the help of below figure.
Figure 1: Gantt chart
(Source: Created by Author)
Part II
a) Explanation of the 1st option that is 4-week strike
As per the above Gantt chart that is planned at the initial state, the construction project
gets completed by 22nd March 2005 that is earlier than the completion date that is 31st March
2015. However, it is analyzed that the union tradesman can support a strike against the city and
Gantt Chart | Project Management_3

PROJECT MANAGEMENT
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as this project is a public project there is 50% chance that they would strike the project for
gaining national media attention. It is analyzed that 4 weeks of strike is common and due to this
strike; the completion date of the project can get extended which further can create financial loss
for the Ace builders. As per the initial planning as the project gets complete by 22nd March but
due to 4 weeks of strike, the entire completion date of the project can get extended by 4 weeks
that is 20 working days excluding Saturday and Sunday. The new completion date of the project
will be after 20 days excluding Saturday and Sunday.
Completion date-22nd March
Four weeks strike- 20 days (excluding Saturday and Sunday)
After excluding the Saturdays and Sundays, completion date will be on 19th April 2005
which is reflected with the help of below figure.
Figure 2: Gantt chart after strike
(Source: Created by Author)
Gantt Chart | Project Management_4

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