Project Management Assignment 3: Unit Project Part B

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This article provides detailed information on Project Management Assignment 3: Unit Project Part B, including project activities, dependencies, resources required, budget, cost-benefit analysis, and more. The article also includes a table of contents, author note, and references. The subject is Project Management, and the course code and college/university are not mentioned.

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Assignment 3: Unit project - Part B
Software Failures
Name of Student
Name of the University
Author Note

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Table of Contents
Project Activities.............................................................................................................................2
Activity List:................................................................................................................................2
Dependencies and Sequence of Above Activities...........................................................................4
Resources Required for each Activity.........................................................................................6
Duration of each activity...........................................................................................................11
Bar Chart....................................................................................................................................13
Critical Path...............................................................................................................................15
WBS...........................................................................................................................................17
Project Completion Date (Milestones and durations)................................................................17
Budget........................................................................................................................................18
Cost Benefit Analysis................................................................................................................20
Resource Sheet:.........................................................................................................................23
References......................................................................................................................................24
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Project Activities
Activity List:
WBS Task Name Duration Start Finish
0
Essendon & Buckley Street level crossing
removal 985 days Wed 4/25/18 Tue 2/1/22
1 Initiation phase of the project 73 days Wed 4/25/18 Fri 8/3/18
1.1 Identifying objectives of the project 15 days Wed 4/25/18 Tue 5/15/18
1.2 Undertaking feasibility study 20 days Wed 5/16/18 Tue 6/12/18
1.3 Establishing project charter 16 days Fri 7/13/18 Fri 8/3/18
1.4 Appointing team members of the project 22 days Wed 6/13/18 Thu 7/12/18
1.5
Milestone 1: Completion of project initiation
phase 0 days Fri 8/3/18 Fri 8/3/18
2 Planning phase of the project 148 days Mon 8/6/18 Wed 2/27/19
2.1 Site investigations 22 days Mon 8/6/18 Tue 9/4/18
2.2 Solution announced 20 days Wed 9/5/18 Tue 10/2/18
2.3 Community information sessions 25 days Wed 10/3/18 Tue 11/6/18
2.4 Trader consultation 26 days Wed 11/7/18 Wed 12/12/18
2.5 Assessment of design options 26 days Thu 12/13/18 Thu 1/17/19
2.6 Lowering Buckley street under rail line 29 days Fri 1/18/19 Wed 2/27/19
2.7 Milestone 2: Completion of planning phase 0 days Wed 2/27/19 Wed 2/27/19
3 Procurement phase 420 days Thu 2/28/19 Wed 10/7/20
3.1 Community input on design elements 32 days Thu 2/28/19 Fri 4/12/19
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
3.2 North west alliance project partner announced 39 days Mon 4/15/19 Thu 6/6/19
3.3 Construction partner announced 134 days Fri 6/7/19 Wed 10/7/20
3.4 Community consultation 47 days Fri 6/7/19 Mon 8/12/19
3.5 Refinement of design including community inputs 50 days Tue 8/13/19 Mon 10/21/19
3.6 Finalizing design 42 days Tue 10/22/19 Wed 12/18/19
3.7 Milestone 3 : Completion of procurement phase 0 days Wed 12/18/19 Wed 12/18/19
4 Construction phase 480 days Thu 12/19/19 Wed 10/20/21
4.1 On-going community consultation 32 days Thu 12/19/19 Fri 1/31/20
4.2 Construction commences 34 days Mon 2/3/20 Thu 3/19/20
4.3 Preparatory work commenced 43 days Fri 3/20/20 Tue 5/19/20
4.4 Finalized design released to the community 90 days Wed 5/20/20 Wed 12/9/20
4.5
Contract awarded for Buckley street level crossing
removal project 156 days Wed 5/20/20 Thu 5/20/21
4.6 Early works commence 102 days Wed 5/20/20 Thu 10/8/20
4.7 Major works commence 48 days Thu 12/10/20 Mon 2/15/21
4.8 Boom gates removed 112 days Tue 2/16/21 Wed 7/21/21
4.9 Finalizing landscapes 65 days Thu 7/22/21 Wed 10/20/21
4.10 Milestone 4: Completion of Construction phase 0 days Wed 10/20/21 Wed 10/20/21
5 Closure phase 74 days Thu 10/21/21 Tue 2/1/22
5.1 Post-project review 20 days Thu 10/21/21 Wed 11/17/21
5.2 Stakeholder-sign off 30 days Thu 11/18/21 Wed 12/29/21
5.3 Documentation 24 days Thu 12/30/21 Tue 2/1/22
5.4 Milestone 4: Completion of project closure phase 0 days Wed 11/17/21 Wed 11/17/21

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Dependencies and Sequence of Above Activities
WBS Task Name Duration Start Finish Predecessors
0
Essendon & Buckley Street level
crossing removal 985 days Wed 4/25/18 Tue 2/1/22
1 Initiation phase of the project 73 days Wed 4/25/18 Fri 8/3/18
1.1 Identifying objectives of the project 15 days Wed 4/25/18 Tue 5/15/18
1.2 Undertaking feasibility study 20 days Wed 5/16/18 Tue 6/12/18 2
1.3 Establishing project charter 16 days Fri 7/13/18 Fri 8/3/18 3
1.4 Appointing team members of the project 22 days Wed 6/13/18 Thu 7/12/18 3
1.5
Milestone 1: Completion of project
initiation phase 0 days Fri 8/3/18 Fri 8/3/18 5,4
2 Planning phase of the project 148 days Mon 8/6/18 Wed 2/27/19
2.1 Site investigations 22 days Mon 8/6/18 Tue 9/4/18 6
2.2 Solution announced 20 days Wed 9/5/18 Tue 10/2/18 8,6
2.3 Community information sessions 25 days Wed 10/3/18 Tue 11/6/18 9
2.4 Trader consultation 26 days Wed 11/7/18 Wed 12/12/18 10,9
2.5 Assessment of design options 26 days Thu 12/13/18 Thu 1/17/19 11
2.6 Lowering Buckley street under rail line 29 days Fri 1/18/19 Wed 2/27/19 12,11
2.7
Milestone 2: Completion of planning
phase 0 days Wed 2/27/19 Wed 2/27/19 13
3 Procurement phase 420 days Thu 2/28/19 Wed 10/7/20
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
3.1 Community input on design elements 32 days Thu 2/28/19 Fri 4/12/19 14
3.2
North west alliance project partner
announced 39 days Mon 4/15/19 Thu 6/6/19 16,14
3.3 Construction partner announced 134 days Fri 6/7/19 Wed 10/7/20 17
3.4 Community consultation 47 days Fri 6/7/19 Mon 8/12/19 17
3.5
Refinement of design including
community inputs 50 days Tue 8/13/19 Mon 10/21/19 19
3.6 Finalizing design 42 days Tue 10/22/19 Wed 12/18/19 20
3.7
Milestone 3 : Completion of procurement
phase 0 days Wed 12/18/19 Wed 12/18/19 21,20
4 Construction phase 480 days Thu 12/19/19 Wed 10/20/21
4.1 On-going community consultation 32 days Thu 12/19/19 Fri 1/31/20 22
4.2 Construction commences 34 days Mon 2/3/20 Thu 3/19/20 24,22
4.3 Preparatory work commenced 43 days Fri 3/20/20 Tue 5/19/20 25
4.4
Finalized design released to the
community 90 days Wed 5/20/20 Wed 12/9/20 26
4.5
Contract awarded for Buckley street level
crossing removal project 156 days Wed 5/20/20 Thu 5/20/21 26
4.6 Early works commence 102 days Wed 5/20/20 Thu 10/8/20 26
4.7 Major works commence 48 days Thu 12/10/20 Mon 2/15/21 27
4.8 Boom gates removed 112 days Tue 2/16/21 Wed 7/21/21 30
4.9 Finalizing landscapes 65 days Thu 7/22/21 Wed 10/20/21 31
4.10 Milestone 4: Completion of Construction 0 days Wed 10/20/21 Wed 10/20/21 32
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
phase
5 Closure phase 74 days Thu 10/21/21 Tue 2/1/22
5.1 Post-project review 20 days Thu 10/21/21 Wed 11/17/21 33
5.2 Stakeholder-sign off 30 days Thu 11/18/21 Wed 12/29/21 35,33
5.3 Documentation 24 days Thu 12/30/21 Tue 2/1/22 35
5.4
Milestone 4: Completion of project closure
phase 0 days Wed 11/17/21 Wed 11/17/21 35
Resources Required for each Activity
WBS Task Name Duration Start Finish Resource Names
0
Essendon & Buckley
Street level crossing
removal
985 days Wed 4/25/18 Tue 2/1/22
1
Initiation phase of the
project 73 days Wed 4/25/18 Fri 8/3/18
1.1
Identifying objectives of
the project 15 days Wed 4/25/18 Tue 5/15/18 Project manager
1.2
Undertaking feasibility
study 20 days Wed 5/16/18 Tue 6/12/18 Project manager
1.3
Establishing project
charter 16 days Fri 7/13/18 Fri 8/3/18
Project manager, Project
planner
1.4
Appointing team
members of the project 22 days Wed 6/13/18 Thu 7/12/18
Project manager, Project
planner

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
1.5
Milestone 1: Completion
of project initiation
phase
0 days Fri 8/3/18 Fri 8/3/18
2
Planning phase of the
project 148 days Mon 8/6/18 Wed 2/27/19
2.1 Site investigations 22 days Mon 8/6/18 Tue 9/4/18
Supervisor, Construction
manager
2.2 Solution announced 20 days Wed 9/5/18 Tue 10/2/18
Construction technician,
Contractor, Equipment cost[1]
2.3
Community information
sessions 25 days Wed 10/3/18 Tue 11/6/18
Construction manager,
Contractor
2.4 Trader consultation 26 days Wed 11/7/18 Wed 12/12/18
Construction manager,
Contractor
2.5
Assessment of design
options 26 days Thu 12/13/18 Thu 1/17/19
Construction manager,
Contractor, Sub-contractor
2.6
Lowering Buckley street
under rail line 29 days Fri 1/18/19 Wed 2/27/19
Architect, Construction
manager, Construction
technician, Sub-contractor
2.7
Milestone 2: Completion
of planning phase 0 days Wed 2/27/19 Wed 2/27/19
3 Procurement phase 420 days Thu 2/28/19 Wed 10/7/20
3.1 Community input on 32 days Thu 2/28/19 Fri 4/12/19 Cost for removing level
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
design elements
crossing[1], Supervisor,
Architect, Construction
technician, Equipment cost[1]
3.2
North west alliance
project partner
announced
39 days Mon 4/15/19 Thu 6/6/19
Supervisor, Architect,
Construction manager,
Contractor, Procurement
manager
3.3
Construction partner
announced 134 days Fri 6/7/19 Wed 10/7/20
Supervisor, Architect,
Construction technician,
Contractor, Procurement
manager
3.4 Community consultation 47 days Fri 6/7/19 Mon 8/12/19
Cost for removing level
crossing[1], Architect,
Construction technician,
Contractor
3.5
Refinement of design
including community
inputs
50 days Tue 8/13/19 Mon 10/21/19
Architect, Construction
technician, Contractor,
Financial manager,
Procurement manager
3.6 Finalizing design 42 days Tue 10/22/19 Wed 12/18/19
Supervisor, Architect,
Equipment cost[1],
Procurement manager
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
3.7
Milestone 3 :
Completion of
procurement phase
0 days Wed
12/18/19 Wed 12/18/19
4 Construction phase 480 days Thu 12/19/19 Wed 10/20/21
4.1
On-going community
consultation 32 days Thu 12/19/19 Fri 1/31/20
Supervisor, Architect,
Contractor, Procurement
manager, Sub-contractor
4.2
Construction
commences 34 days Mon 2/3/20 Thu 3/19/20
Cost for removing level
crossing[1], Project manager,
Architect, Construction
technician, Procurement
manager
4.3
Preparatory work
commenced 43 days Fri 3/20/20 Tue 5/19/20
Cost for removing level
crossing[1], Supervisor,
Architect, Construction
technician, Contractor,
Equipment cost[1], Sub-
contractor
4.4
Finalized design
released to the
community
90 days Wed 5/20/20 Wed 12/9/20
Supervisor, Architect,
Construction manager,
Construction technician,
Procurement manager
4.5 Contract awarded for 156 days Wed 5/20/20 Thu 5/20/21 Cost for removing level

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Buckley street level
crossing removal project
crossing[1], Project manager,
Architect, Construction
technician, Contractor, Sub-
contractor
4.6 Early works commence 102 days Wed 5/20/20 Thu 10/8/20
Cost for removing level
crossing[1], Architect,
Construction manager,
Construction technician,
Equipment cost[1]
4.7 Major works commence 48 days Thu 12/10/20 Mon 2/15/21
Cost for removing level
crossing[1], Project manager,
Supervisor, Architect,
Construction manager,
Construction technician, Sub-
contractor
4.8 Boom gates removed 112 days Tue 2/16/21 Wed 7/21/21
Cost for removing level
crossing[1], Project manager,
Architect, Construction
manager, Construction
technician, Contractor
4.9 Finalizing landscapes 65 days Thu 7/22/21 Wed 10/20/21 Architect, Construction
manager, Construction
technician, Contractor, Sub-
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
contractor
4.10
Milestone 4: Completion
of Construction phase 0 days Wed
10/20/21 Wed 10/20/21
5 Closure phase 74 days Thu 10/21/21 Tue 2/1/22
5.1 Post-project review 20 days Thu 10/21/21 Wed 11/17/21
Project manager, Project
planner
5.2 Stakeholder-sign off 30 days Thu 11/18/21 Wed 12/29/21
Project manager, Project
planner
5.3 Documentation 24 days Thu 12/30/21 Tue 2/1/22
Project manager, Project
planner
5.4
Milestone 4: Completion
of project closure phase 0 days Wed
11/17/21 Wed 11/17/21
Duration of each activity
WBS Task Name Duration Start Finish
0
Essendon & Buckley Street level crossing
removal 985 days Wed 4/25/18 Tue 2/1/22
1 Initiation phase of the project 73 days Wed 4/25/18 Fri 8/3/18
1.1 Identifying objectives of the project 15 days Wed 4/25/18 Tue 5/15/18
1.2 Undertaking feasibility study 20 days Wed 5/16/18 Tue 6/12/18
1.3 Establishing project charter 16 days Fri 7/13/18 Fri 8/3/18
1.4 Appointing team members of the project 22 days Wed 6/13/18 Thu 7/12/18
1.5 Milestone 1: Completion of project initiation 0 days Fri 8/3/18 Fri 8/3/18
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
phase
2 Planning phase of the project 148 days Mon 8/6/18 Wed 2/27/19
2.1 Site investigations 22 days Mon 8/6/18 Tue 9/4/18
2.2 Solution announced 20 days Wed 9/5/18 Tue 10/2/18
2.3 Community information sessions 25 days Wed 10/3/18 Tue 11/6/18
2.4 Trader consultation 26 days Wed 11/7/18 Wed 12/12/18
2.5 Assessment of design options 26 days Thu 12/13/18 Thu 1/17/19
2.6 Lowering Buckley street under rail line 29 days Fri 1/18/19 Wed 2/27/19
2.7 Milestone 2: Completion of planning phase 0 days Wed 2/27/19 Wed 2/27/19
3 Procurement phase 420 days Thu 2/28/19 Wed 10/7/20
3.1 Community input on design elements 32 days Thu 2/28/19 Fri 4/12/19
3.2 North west alliance project partner announced 39 days Mon 4/15/19 Thu 6/6/19
3.3 Construction partner announced 134 days Fri 6/7/19 Wed 10/7/20
3.4 Community consultation 47 days Fri 6/7/19 Mon 8/12/19
3.5 Refinement of design including community inputs 50 days Tue 8/13/19 Mon 10/21/19
3.6 Finalizing design 42 days Tue 10/22/19 Wed 12/18/19
3.7 Milestone 3 : Completion of procurement phase 0 days Wed 12/18/19 Wed 12/18/19
4 Construction phase 480 days Thu 12/19/19 Wed 10/20/21
4.1 On-going community consultation 32 days Thu 12/19/19 Fri 1/31/20
4.2 Construction commences 34 days Mon 2/3/20 Thu 3/19/20
4.3 Preparatory work commenced 43 days Fri 3/20/20 Tue 5/19/20
4.4 Finalized design released to the community 90 days Wed 5/20/20 Wed 12/9/20
4.5 Contract awarded for Buckley street level crossing 156 days Wed 5/20/20 Thu 5/20/21

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
removal project
4.6 Early works commence 102 days Wed 5/20/20 Thu 10/8/20
4.7 Major works commence 48 days Thu 12/10/20 Mon 2/15/21
4.8 Boom gates removed 112 days Tue 2/16/21 Wed 7/21/21
4.9 Finalizing landscapes 65 days Thu 7/22/21 Wed 10/20/21
4.10 Milestone 4: Completion of Construction phase 0 days Wed 10/20/21 Wed 10/20/21
5 Closure phase 74 days Thu 10/21/21 Tue 2/1/22
5.1 Post-project review 20 days Thu 10/21/21 Wed 11/17/21
5.2 Stakeholder-sign off 30 days Thu 11/18/21 Wed 12/29/21
5.3 Documentation 24 days Thu 12/30/21 Tue 2/1/22
5.4 Milestone 4: Completion of project closure phase 0 days Wed 11/17/21 Wed 11/17/21
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Bar Chart
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Figure 1: bar representation of the activities
(Source: Created by Author)

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Critical Path
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Figure 2: Critical Path representation
(Source: Created by Author)
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
WBS
Figure 3: WBS
(Source: Created by Author Using MS project and WBS Schedule Pro)
Project Completion Date (Milestones and durations)
WBS Task Name Duration Start Finish Cost
0
Essendon & Buckley Street
level crossing removal
Project
985 days Wed 4/25/18 Tue 2/1/22 $153,991,424.00
1 Initializing First phase of
the project 73 days Wed 4/25/18 Fri 8/3/18 $104,512.00
2 Second phase Planning of 148 days Mon 8/6/18 Wed 2/27/19 $15,763,440.00

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
the project
3 Procurement phase 420 days Thu 2/28/19 Wed 10/7/20 $50,064,000.00
4 Construction phase 480 days Thu 12/19/19 Wed 10/20/21 $87,871,216.00
5 Closure phase 74 days Thu 10/21/21 Tue 2/1/22 $188,256.00
Budget
WBS Task Name Duration Start Finish Cost
0
Essendon & Buckley Street level
crossing removal 985 days Wed
4/25/18 Tue 2/1/22 $153,991,424.00
1 Initiation phase of the project 73 days Wed
4/25/18 Fri 8/3/18 $104,512.00
1.1 Identifying objectives of the project 15 days Wed 4/25/18 Tue 5/15/18 $3,360.00
1.2 Undertaking feasibility study 20 days Wed 5/16/18 Tue 6/12/18 $4,480.00
1.3 Establishing project charter 16 days Fri 7/13/18 Fri 8/3/18 $40,704.00
1.4 Appointing team members of the project 22 days Wed 6/13/18 Thu 7/12/18 $55,968.00
1.5
Milestone 1: Completion of project
initiation phase 0 days Fri 8/3/18 Fri 8/3/18 $0.00
2 Planning phase of the project 148 days Mon 8/6/18 Wed 2/27/19 $15,763,440.00
2.1 Site investigations 22 days Mon 8/6/18 Tue 9/4/18 $82,720.00
2.2 Solution announced 20 days Wed 9/5/18 Tue 10/2/18 $15,086,400.00
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
2.3 Community information sessions 25 days Wed 10/3/18 Tue 11/6/18 $100,000.00
2.4 Trader consultation 26 days Wed 11/7/18 Wed 12/12/18 $104,000.00
2.5 Assessment of design options 26 days Thu
12/13/18 Thu 1/17/19 $156,000.00
2.6 Lowering Buckley street under rail line 29 days Fri 1/18/19 Wed 2/27/19 $234,320.00
2.7
Milestone 2: Completion of planning
phase 0 days Wed 2/27/19 Wed 2/27/19 $0.00
3 Procurement phase 420 days Thu 2/28/19 Wed 10/7/20 $50,064,000.00
3.1 Community input on design elements 32 days Thu 2/28/19 Fri 4/12/19 $24,197,120.00
3.2
North west alliance project partner
announced 39 days Mon 4/15/19 Thu 6/6/19 $380,640.00
3.3 Construction partner announced 134 days Fri 6/7/19 Wed 10/7/20 $443,520.00
3.4 Community consultation 47 days Fri 6/7/19 Mon 8/12/19 $9,300,800.00
3.5
Refinement of design including
community inputs 50 days Tue 8/13/19 Mon 10/21/19 $500,000.00
3.6 Finalizing design 42 days Tue
10/22/19 Wed 12/18/19 $15,241,920.00
3.7
Milestone 3 : Completion of procurement
phase 0 days Wed
12/18/19 Wed 12/18/19 $0.00
4 Construction phase 480 days Thu
12/19/19 Wed 10/20/21 $87,871,216.00
4.1 On-going community consultation 32 days Thu
12/19/19 Fri 1/31/20 $317,440.00
4.2 Construction commences 34 days Mon 2/3/20 Thu 3/19/20 $9,211,616.00
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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
4.3 Preparatory work commenced 43 days Fri 3/20/20 Tue 5/19/20 $24,443,760.00
4.4
Finalized design released to the
community 90 days Wed 5/20/20 Wed 12/9/20 $439,200.00
4.5
Contract awarded for Buckley street level
crossing removal project 156 days Wed 5/20/20 Thu 5/20/21 $9,448,448.00
4.6 Early works commence 102 days Wed 5/20/20 Thu 10/8/20 $24,346,560.00
4.7 Major works commence 48 days Thu
12/10/20 Mon 2/15/21 $9,490,752.00
4.8 Boom gates removed 112 days Tue 2/16/21 Wed 7/21/21 $9,507,840.00
4.9 Finalizing landscapes 65 days Thu 7/22/21 Wed 10/20/21 $665,600.00
4.10
Milestone 4: Completion of Construction
phase 0 days Wed
10/20/21 Wed 10/20/21 $0.00
5 Closure phase 74 days Thu
10/21/21 Tue 2/1/22 $188,256.00
5.1 Post-project review 20 days Thu
10/21/21 Wed 11/17/21 $50,880.00
5.2 Stakeholder-sign off 30 days Thu
11/18/21 Wed 12/29/21 $76,320.00
5.3 Documentation 24 days Thu
12/30/21 Tue 2/1/22 $61,056.00
5.4
Milestone 4: Completion of project
closure phase 0 days Wed
11/17/21 Wed 11/17/21 $0.00

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Cost Benefit Analysis
Input Values
SL. No Hardware $ 100,000,000.00
1 Software $ 10,000,000.00
2 Development team salaries $ 10,000,000.00
3 Training $ 10,000,000.00
Total Development Cost $ 130,000,000.00
4
5 Hardware $ 2,000,000.00
6 Software $ 3,000,000.00
7 Operational Labor $ 18,000,000.00
Total Operational Cost $ 23,000,000.00
8
9 Approximate salary savings $ 54,000,000.00
10 Reduced operating cost $ 60,000,000.00
Total Benefit $ 114,000,000.00
11
Discount Rate Used 6.00%
Net Present Value Calculation
Enter values for the cost-benefit analysis in the INPUT_VALUES worksheet
Year of
Project
0 1 2 3 4 5 TOTAL
S
$0.00 $
114,000,00
0.00
$
114,000,0
00.00
$
114,000,0
00.00
$
114,000,00
0.00
$
114,000,00
0.00
6.00% 1.0000 0.9434 0.8900 0.8396 0.7921 0.7473
$
114,000,
000.00
$0.00 $107,547,1
69.81
$101,459,
594.16
$95,716,5
98.27
$90,298,67
7.61
$85,187,43
1.71
$
23,000,0
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23
PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
00.00
$
130,000,
000.00
$0.00 $
107,547,16
9.81
$
209,006,7
63.97
$
304,723,3
62.24
$
395,022,03
9.85
$
480,209,47
1.55
$
480,209,4
71.55
$
(130,000,
000.00)
$0.00 $
(23,000,00
0.00)
$
(23,000,00
0.00)
$
(23,000,0
00.00)
$
(23,000,00
0.00)
$
(23,000,000
.00)
1.0000 0.9434 0.8900 0.8396 0.7921 0.7473
$0.00 $
(21,698,11
3.21)
$
(20,469,91
8.12)
$
(19,311,2
43.51)
$
(18,218,15
4.25)
$
(17,186,937
.98)
$
(130,000,
000.00)
$
(151,698,1
13.21)
$
(172,168,0
31.33)
$
(191,479,
274.84)
$
(209,697,4
29.09)
$
(226,884,36
7.07)
$
(226,884,
367.07)
$
(130,000,
000.00)
$
85,849,056
.60
$
80,989,67
6.04
$
76,405,35
4.76
$
72,080,523
.35
$
68,000,493.
73
$
253,325,1
04.49
$
(130,000,
000.00)
$
(44,150,94
3.40)
$
36,838,73
2.65
$
113,244,0
87.40
$
185,324,61
0.76
$
253,325,10
4.49
1.1165
Break Even Chart
0 1 2 3 4 5 0
$0.00
$100,000,000.00
$200,000,000.00
$300,000,000.00
$400,000,000.00
$500,000,000.00
$600,000,000.00 NPV of all BENEFITS NPV of all COSTS
Year
Document Page
24
PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
Resource Sheet:
Unique
ID Resource Name Type Max.
Units Std. Rate Ovt. Rate Cost/Use Accrue At Base
Calendar
1 Project
manager Work 100% $28.00/hr $0.00/hr $0.00 Prorated Standard
2 Project planner Work 100% $290.00/hr $0.00/hr $0.00 Prorated Standard
3 Supervisor Work 100% $240.00/hr $0.00/hr $0.00 Prorated Standard
4 Contractor Work 100% $270.00/hr $0.00/hr $0.00 Prorated Standard
5 Architect Work 100% $260.00/hr $0.00/hr $0.00 Prorated Standard
6 Construction
technician Work 100% $270.00/hr $0.00/hr $0.00 Prorated Standard
7 Procurement
manager Work 100% $220.00/hr $0.00/hr $0.00 Prorated Standard
8 Construction
manager Work 100% $230.00/hr $0.00/hr $0.00 Prorated Standard
9 Sub-contractor Work 100% $250.00/hr $0.00/hr $0.00 Prorated Standard
10 Equipment cost Material $15,000,000.00 $0.00 Prorated
11
Cost for
removing level
crossing
Material $9,000,000.00 $0.00 Prorated
12 Financial
manager Work 100% $230.00/hr $0.00/hr $0.00 Prorated Standard

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PROJECT MANAGEMENT: - ASSIGNMENT 3: UNIT PROJECT - PART B
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