CPCCBC5002A Elsternwick Duplex Project Cost Monitoring Report
VerifiedAdded on 2022/08/19
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Report
AI Summary
This report, prepared for Sullivon Construction, details the cost analysis and feasibility of the Elsternwick duplex project. It includes staffing plans, with Philip Denis overseeing cost estimates, and emphasizes careful monitoring of labor and material costs. The report addresses risk assessment, particularly financial risks like inflation, insolvency, currency fluctuations, and taxation, proposing mitigation strategies such as time management and contingency planning. A feasibility study provides a budget and profit margin projection, concluding the project is viable with a 91.41% profit margin. The project complies with building codes and standards, with a detailed schedule of project expenditure presented in a Gantt chart, outlining the project's timeline from June 1, 2016, to May 5, 2019, including key milestones and cash flow projections. The report also includes a detailed breakdown of costs, expected sales, and profit calculations.