Project Schedule and Cost Estimation

This article discusses the project schedule and cost estimation for the construction of natural compressor station in South West New York State. It includes the overall program schedule, critical path, and project budget. The article also provides a Ms-Project file for the project schedule and a Gantt chart for effective alignment management.

Running head: PROJECT SCHEDULE AND COST ESTIMATION
Project Schedule and Cost Estimation
Construction of natural compressor station in South West New York State
Name of the Student:
Student ID:
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Author’s note:

1PROJECT SCHEDULE AND COST ESTIMATION
1. Overall Program Schedule
Ms-Project can be used for developing the schedule for the project of ‘Construction of
natural compressor station in South West New York State”. The following is the Ms-Project file
for the schedule of the project,
Construction of
natural compressor station in south west New York State_Modify.mpp
The following Gantt chart would show the schedule of the project and align it with the
completeness of the work and effective alignment management,

2PROJECT SCHEDULE AND COST ESTIMATION

3PROJECT SCHEDULE AND COST ESTIMATION
The critical path has been shown in the following network diagram with the red boxes,
The lags and leads have been shown in the following table,
WBS Early Start Early Finish Late Start Late Finish Total Slack
1.1 Mon 12/3/18 Fri 1/11/19 Mon 12/3/18 Fri 1/11/19 0 days
1.2 Mon 1/14/19 Fri 2/1/19 Mon 1/14/19 Fri 2/1/19 0 wks
1.3 Mon 2/4/19 Fri 2/8/19 Mon 2/4/19 Fri 2/8/19 0 wks
1.4 Mon 2/11/19 Fri 3/22/19 Mon 2/11/19 Fri 3/22/19 0 days
1.5 Mon 3/25/19 Fri 5/3/19 Mon 3/25/19 Fri 5/3/19 0 wks
1.6 Mon 5/6/19 Fri 5/31/19 Mon 5/6/19 Fri 5/31/19 0 wks
1.7 Mon 3/30/20 Tue 11/17/20 Mon 3/30/20 Tue 11/17/20 0 mons
1.8 Mon 12/9/19 Fri 2/28/20 Mon 4/27/20 Tue 11/17/20 5 mons
1.9 Mon 9/16/19 Fri 11/8/19 Mon 2/3/20 Fri 3/27/20 5 mons
2.1 Mon 6/3/19 Fri 7/12/19 Mon 6/3/19 Fri 7/12/19 0 days
2.2 Mon 7/15/19 Fri 3/20/20 Wed 9/11/19 Thu 9/17/20 2.1 mons
2.3 Thu 7/18/19 Fri 9/18/20 Mon 9/16/19 Tue 11/17/20 2.1 mons
2.4 Wed 11/18/20 Tue 2/9/21 Wed 11/18/20 Tue 2/9/21 0 mons
2.5 Mon 6/3/19 Fri 6/21/19 Mon 6/3/19 Fri 6/21/19 0 days
2.6 Mon 6/24/19 Fri 12/6/19 Mon 6/24/19 Fri 12/6/19 0 mons
2.7 Mon 11/11/19 Fri 3/27/20 Mon 11/11/19 Fri 3/27/20 0 mons
2.8 Mon 6/24/19 Fri 12/6/19 Mon 11/11/19 Fri 4/24/20 5 mons
2.9 Mon 6/24/19 Fri 9/13/19 Mon 11/11/19 Fri 1/31/20 5 mons
3.1.1 Mon 6/24/19 Fri 9/13/19 Mon 6/24/19 Fri 9/13/19 0 mons
3.1.2 Mon 9/16/19 Fri 10/11/19 Mon 9/16/19 Fri 10/11/19 0 mons
3.1.3 Mon 10/14/19 Tue 2/9/21 Mon 10/14/19 Tue 2/9/21 0 mons
3.2.1 Mon 6/24/19 Fri 9/13/19 Mon 1/6/20 Fri 3/27/20 7 mons
3.2.2 Mon 9/16/19 Fri 10/11/19 Mon 3/30/20 Fri 4/24/20 7 mons
3.2.3 Mon 10/14/19 Fri 3/27/20 Mon 4/27/20 Tue 2/9/21 7 mons
3.3.1 Mon 6/24/19 Fri 11/8/19 Mon 8/19/19 Fri 1/3/20 2 mons
3.3.2 Mon 11/11/19 Fri 12/6/19 Mon 1/6/20 Fri 1/31/20 2 mons
3.3.3 Mon 12/9/19 Tue 12/15/20 Mon 2/3/20 Tue 2/9/21 2 mons
3.4.1 Mon 6/24/19 Fri 1/3/20 Mon 9/16/19 Fri 3/27/20 3 mons
3.4.2 Mon 1/6/20 Fri 1/31/20 Mon 3/30/20 Fri 4/24/20 3 mons
3.4.3 Mon 2/3/20 Tue 11/17/20 Mon 4/27/20 Tue 2/9/21 3 mons
3.5.1 Mon 6/24/19 Fri 1/3/20 Mon 10/14/19 Fri 4/24/20 4 mons
3.5.2 Mon 1/6/20 Fri 1/31/20 Mon 4/27/20 Tue 9/22/20 4 mons
3.5.3 Mon 2/3/20 Tue 10/20/20 Wed 9/23/20 Tue 2/9/21 4 mons
3.6.1 Mon 6/24/19 Fri 11/8/19 Mon 8/19/19 Fri 1/3/20 2 mons
3.6.2 Mon 11/11/19 Fri 12/6/19 Mon 1/6/20 Fri 1/31/20 2 mons
3.6.3 Mon 12/9/19 Tue 12/15/20 Mon 2/3/20 Tue 2/9/21 2 mons
8
9
10
13
14
15
16 17 18
19
20
23 24 25
27 28 29
31 32 33
35 36 37
39 40 41
43 44 45
47 48 49
51 52 53
54
57
58
61 62 65 67 68 69
70
71 72
73
64 66
3
2
5
6
7
4
59
12
60

4PROJECT SCHEDULE AND COST ESTIMATION
3.7.1 Mon 6/24/19 Fri 1/3/20 Mon 9/16/19 Fri 3/27/20 3 mons
3.7.2 Mon 1/6/20 Fri 1/31/20 Mon 3/30/20 Fri 4/24/20 3 mons
3.7.3 Mon 2/3/20 Tue 11/17/20 Mon 4/27/20 Tue 2/9/21 3 mons
3.8.1 Mon 6/24/19 Fri 11/8/19 Mon 11/11/19 Fri 3/27/20 5 mons
3.8.2 Mon 11/11/19 Fri 12/6/19 Mon 3/30/20 Fri 4/24/20 5 mons
3.8.3 Mon 12/9/19 Tue 9/22/20 Mon 4/27/20 Tue 2/9/21 5 mons
3.9 Tue 2/9/21 Tue 2/9/21 Wed 2/10/21 Wed 2/10/21 0 days
4.1.1 Wed 2/10/21 Tue 3/23/21 Wed 2/10/21 Tue 3/23/21 0 wks
4.1.2 Wed 3/24/21 Tue 4/20/21 Wed 4/7/21 Thu 9/2/21 0.5 mons
4.1.3 Wed 2/10/21 Thu 9/2/21 Wed 2/10/21 Thu 9/2/21 0 mons
4.1.4 Fri 9/3/21 Thu 9/30/21 Mon 8/1/22 Fri 8/26/22 11.8 mons
4.1.5 Fri 9/3/21 Thu 10/14/21 Fri 9/3/21 Thu 10/14/21 0 wks
4.1.6 Fri 10/15/21 Thu 10/21/21 Fri 10/15/21 Thu 10/21/21 0 wks
4.2.1 Fri 10/22/21 Thu 1/13/22 Fri 10/22/21 Thu 1/13/22 0 mons
4.2.2 Fri 1/14/22 Thu 2/24/22 Fri 1/14/22 Thu 2/24/22 0 wks
4.2.3 Fri 2/25/22 Thu 3/24/22 Fri 2/25/22 Thu 3/24/22 0 wks
4.2.4 Fri 3/25/22 Fri 3/25/22 Fri 3/25/22 Fri 3/25/22 0 days
4.2.5 Mon 3/28/22 Fri 4/22/22 Mon 3/28/22 Fri 4/22/22 0 wks
4.2.6 Mon 4/25/22 Fri 6/17/22 Mon 7/4/22 Fri 8/26/22 2.5 mons
4.2.7 Mon 4/25/22 Fri 7/15/22 Mon 4/25/22 Fri 7/15/22 0 mons
4.2.8 Fri 1/14/22 Thu 6/30/22 Mon 2/14/22 Fri 7/29/22 1.05 mons
4.2.9 Fri 7/1/22 Thu 7/28/22 Mon 8/1/22 Fri 8/26/22 1.05 mons
4.2.10 Mon 7/18/22 Fri 8/26/22 Mon 7/18/22 Fri 8/26/22 0 wks

5PROJECT SCHEDULE AND COST ESTIMATION
2. Overall Project Budget
Particulars Calculation Cost
Program Management Fees $1,000,000
Design Engineer $2,000,000
Environmental Consultant $650,000
Site A $1,300,000
Real Estate Appraiser Fees $6,000
Legal Fees $25,000
Other Professional Fees $15,000
Utility Upgrade $750,000
Permitting Fees $525,000
Federal Permit Package $50,000.00
State Permit Package $100,000.00
Municipal Permit Package $75,000.00
Attorney fees $150,000.00
Cost of Tree Plantation $150,000.00
Main Turbine Unit cost $7,800,000
Filter Separators cost $465,000
Large Diameter Valves cost $975,000
Prefabricated Compressor Building cost $745,000
Electrical Motor Control Center and Switch Gear cost $356,000
Large Diameter Piping cost $150,000
Emergency Generator cost $410,000
Fuel Gas Skid cost $485,000
Rough site work $5,000,000
Foundation for the Compressor Unit $1,000,000
Foundation of the Compressor Building $500,000
Installation of the Compressor Unit $250,000
Erection of the Compressor Building $350,000

6PROJECT SCHEDULE AND COST ESTIMATION
Mechanical Work $750,000
Electrical Work $1,100,000
Finished Site Work $250,000
Landscaping $100,000
Commissioning and Testing of the Facility the Station $125,000
Drilling crew $1,650,000
Blasting Crew $1,100,000
Cost of truck $57,200
General Contractor Cost $280,720
Local building permits cost $125,000
Contingency $3,205,080
Total Budget $33,500,000
3. Summary Project Schedule and Budget
The project schedule has been developed using the specific alignment of the works and
following adaptive scheduling works. The project work implication and the development would
be implied with the formation of the implication management. The project schedule had been
developed for implication and listing the formation of the work alignment. The project schedule
has been developed with the continuation of the simplified work development and continuation.
The project has been summarized with the alignment of the work and formation of the innovative
technology innovation. The project schedule has been developed with the alignment of the
successive and effective work development prospect. The cost estimation in the projects has been
developed with the completion of the analysis and work division. The analysis has been helpful
for ensuring the management of the successful and simplified work development. The project
schedule has been shown below,

7PROJECT SCHEDULE AND COST ESTIMATION
WBS Name Duration Start Finish
0 Construction of natural compressor station in south
west New York State_Modify 801 days Mon
12/3/18 Fri 8/26/22
1 Preparation 425 days Mon
12/3/18
Tue
11/17/20
1.1 Preparation of RFP 30 days Mon
12/3/18 Fri 1/11/19
1.2 Bidding period for engineering firms 3 wks Mon
1/14/19 Fri 2/1/19
1.3 Negotiation of the consultant’s contracts 1 wk Mon 2/4/19 Fri 2/8/19
1.4 Site Selection 30 days Mon
2/11/19 Fri 3/22/19
1.5 Due Diligence of selected site 6 wks Mon
3/25/19 Fri 5/3/19
1.6 Property Closing 4 wks Mon 5/6/19 Fri 5/31/19
1.7 Preparation of Federal Permit Package 4 mons Mon
3/30/20
Tue
11/17/20
1.8 Preparation of State Permit Package 3 mons Mon
12/9/19 Fri 2/28/20
1.9 Preparation of Municipal Permit Package 2 mons Mon
9/16/19 Fri 11/8/19
2 Issue, Review and Preparation 355 days Mon 6/3/19 Tue 2/9/21
2.1 Topographic and Boundary Survey 30 days Mon 6/3/19 Fri 7/12/19
2.2 Issued for Bid 9 mons Mon
7/15/19 Fri 3/20/20
2.3 Upgradation of utility company 11 mons Thu
7/18/19 Fri 9/18/20
2.4 Issued for Construction 3 mons Wed
11/18/20 Tue 2/9/21
2.5 Wetlands Delineation 15 days Mon 6/3/19 Fri 6/21/19
2.6 review and approval by Federal Agency 6 mons Mon
6/24/19 Fri 12/6/19

8PROJECT SCHEDULE AND COST ESTIMATION
2.7 Delay in Federal Permits 5 mons Mon
11/11/19 Fri 3/27/20
2.8 review and approval by State Agency 6 mons Mon
6/24/19 Fri 12/6/19
2.9 review and approval by Municipal Agency 3 mons Mon
6/24/19 Fri 9/13/19
3 Component Construction 340 days Mon
6/24/19 Tue 2/9/21
3.1 Main Turbine Unit 340 days Mon
6/24/19 Tue 2/9/21
3.1.1 Design of the unit 3 mons Mon
6/24/19 Fri 9/13/19
3.1.2 Bidding and Negotiations 1 mon Mon
9/16/19
Fri
10/11/19
3.1.3 Fabrication 13 mons Mon
10/14/19 Tue 2/9/21
3.2 Filter Separators 200 days Mon
6/24/19 Fri 3/27/20
3.2.1 Design of the unit 3 mons Mon
6/24/19 Fri 9/13/19
3.2.2 Bidding and Negotiations 1 mon Mon
9/16/19
Fri
10/11/19
3.2.3 Fabrication 6 mons Mon
10/14/19 Fri 3/27/20
3.3 Large Diameter Valves 300 days Mon
6/24/19
Tue
12/15/20
3.3.1 Design of the valves 5 mons Mon
6/24/19 Fri 11/8/19
3.3.2 Bidding and Negotiations 1 mon Mon
11/11/19 Fri 12/6/19
3.3.3 Fabrication and Delivery 9 mons Mon
12/9/19
Tue
12/15/20
3.4 Prefabricated Compressor Building 280 days Mon
6/24/19
Tue
11/17/20

9PROJECT SCHEDULE AND COST ESTIMATION
3.4.1 Design of the unit 7 mons Mon
6/24/19 Fri 1/3/20
3.4.2 Bidding and Negotiations 1 mon Mon 1/6/20 Fri 1/31/20
3.4.3 Fabrication and Delivery 6 mons Mon 2/3/20 Tue
11/17/20
3.5 Electrical Motor Control Center and Switch Gear 260 days Mon
6/24/19
Tue
10/20/20
3.5.1 Design of the MCC 7 mons Mon
6/24/19 Fri 1/3/20
3.5.2 Bidding and Negotiations 1 mon Mon 1/6/20 Fri 1/31/20
3.5.3 Fabrication and Delivery 5 mons Mon 2/3/20 Tue
10/20/20
3.6 Large Diameter Piping 300 days Mon
6/24/19
Tue
12/15/20
3.6.1 Design of the valves 5 mons Mon
6/24/19 Fri 11/8/19
3.6.2 Bidding and Negotiations 1 mon Mon
11/11/19 Fri 12/6/19
3.6.3 Fabrication and Delivery 9 mons Mon
12/9/19
Tue
12/15/20
3.7 Emergency Generator 280 days Mon
6/24/19
Tue
11/17/20
3.7.1 Design of the Generator 7 mons Mon
6/24/19 Fri 1/3/20
3.7.2 Bidding and Negotiations 1 mon Mon 1/6/20 Fri 1/31/20
3.7.3 Fabrication and Delivery 6 mons Mon 2/3/20 Tue
11/17/20
3.8 Fuel Gas Skid 240 days Mon
6/24/19
Tue
9/22/20
3.8.1 Design of the Skid 5 mons Mon
6/24/19 Fri 11/8/19
3.8.2 Bidding and Negotiations 1 mon Mon
11/11/19 Fri 12/6/19

10PROJECT SCHEDULE AND COST ESTIMATION
3.8.3 Fabrication and Delivery 6 mons Mon
12/9/19
Tue
9/22/20
3.9 Completion of Component Works 0 days Tue 2/9/21 Tue 2/9/21
4 Bidding and Construction 316 days Wed
2/10/21 Fri 8/26/22
4.1 Bidding 95 days Wed
2/10/21
Thu
10/21/21
4.1.1 Bidding Period 6 wks Wed
2/10/21
Tue
3/23/21
4.1.2 Bid review and Negotiations 1 mon Wed
3/24/21
Tue
4/20/21
4.1.3 IFC plans and specifications 3 mons Wed
2/10/21 Thu 9/2/21
4.1.4 Finalize Construction Contract 1 mon Fri 9/3/21 Thu
9/30/21
4.1.5 Obtain Proposals and Permits 6 wks Fri 9/3/21 Thu
10/14/21
4.1.6 NTP Issues 1 wk Fri
10/15/21
Thu
10/21/21
4.2 Construction 221 days Fri
10/22/21 Fri 8/26/22
4.2.1 Rough site work 3 mons Fri
10/22/21
Thu
1/13/22
4.2.2 Foundation for the Compressor Unit 6 wks Fri 1/14/22 Thu
2/24/22
4.2.3 Foundation of the Compressor Building 4 wks Fri 2/25/22 Thu
3/24/22
4.2.4 Installation of the Compressor Unit 1 day Fri 3/25/22 Fri 3/25/22
4.2.5 Erection of the Compressor Building 4 wks Mon
3/28/22 Fri 4/22/22
4.2.6 Mechanical Work 2 mons Mon
4/25/22 Fri 6/17/22

11PROJECT SCHEDULE AND COST ESTIMATION
4.2.7 Electrical Work 3 mons Mon
4/25/22 Fri 7/15/22
4.2.8 Finished Site Work 6 mons Fri 1/14/22 Thu
6/30/22
4.2.9 Landscaping 1 mon Fri 7/1/22 Thu
7/28/22
4.2.10 Commissioning and Testing of the Facility the Station 6 wks Mon
7/18/22 Fri 8/26/22
The complete schedule has been divided into some specific work packages like preparation,
issue, review and preparation, component construction, and bidding and construction. The
component construction can be divided into main turbine unit, filter separators, large diameter
valves, prefabricated compressor building, electrical motor control center and switch gear, large
diameter piping, emergency generator, and fuel gas skid work packages. The bidding and
construction have been divided into bidding as a work package and construction as another. The
completion of the each of the work packages would result in final completion of the project. The
precedence relationship among the activities would be understood by the use of the proper and
effective work division. The completion of the smart work ethic division would be supported by
the development of the improved work development. The listing of the work ethics is responsible
by the alignment of the probable and effective work division. The entire development has been
supported by the listing of the proper schedule development.
The project would involve 801 working days as it would commence on Monday 3rd
December, 2018 and end on 26th August, 2022. The total duration would be almost 4 year stretch
but each year from May 1 to August 31, the construction work would be halted due to the Indian
Brown Bat conservation. The budget estimation is another crucial factor aligning with the

12PROJECT SCHEDULE AND COST ESTIMATION
formation of the smart work development. The budget can be estimated with the inclusion of the
appropriate work alignment and development. The project had an estimated budget for
$33,500,000.00. The engineering design would exhaust an amount of $3,350,000.00, Land
acquisition would exhaust an amount of $1,675,000.00. The permitting would exhaust an amount
of $1,675,000.00. The Long lead items would exhaust an amount of $11,725,000.00. The
construction would also exhaust an amount of $11,725,000.00. The contingency would exhaust an
amount of $3,205,080.00.
4. Lost Revenue Calculation
Considering that the project is delayed by 3 months (60 days) in total. The extra expenses for the
client include
Supplier Unit Cost
Rate: $500 per day
Days: 60 days
Total Cost: $30,000.00
Penalty paid to Customer
Rate: $5000 per day
Days: 60 days
Total Cost: $300,000.00
Moreover revenue loss include,
Rate: $10,000 per day

13PROJECT SCHEDULE AND COST ESTIMATION
Days: 60 days
Total Cost: $600,000.00
Hence, total revenue loss is $930,000

14PROJECT SCHEDULE AND COST ESTIMATION
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15PROJECT SCHEDULE AND COST ESTIMATION
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16PROJECT SCHEDULE AND COST ESTIMATION
Appendix-A: Cost Budget Excel
Budget
Calculation.xlsx