Business Finance Homework Help

Cambrian Punta Cana Pier Cost Estimation Mitigating the Beach Erosion Problem Case

 

Attatching Assignment below……..

1. Project Background and Description

Ciomar Construction has an opportunity to build a pier for Impressive Resorts and Spas. The purpose of this project

is to mitigate the beach erosion problem and provide additional amenities for the resort. The beach erosion problem

has made it difficult to attract clients to the resort.

2. Cost Estimation

A project charter has been approved and a preliminary cost management plan developed, so you are ready to start to

develop estimates. As you may not have all of the information you require to develop the costs, list any necessary

assumptions made in an assumptions log.

Using the supplied charter, cost management plan and PowerPoint presentation, create cost estimates for the

resources required to complete the pier as pictured. (See Moodle) At the present time, there is no structure present –

just the beach.

Remember, your estimates will be used to create your project budget, the cost baseline, and the funding

requirements for the project.

3. High-Level Requirements

You are to use the templates from the “A Project Managers Book of Forms” (link posted on Moodle), and the

estimating techniques from section 4 of the “A Project Managers Book of Tools and Techniques”.

Using the forms listed below, complete estimates for the resources, work, and materials required to complete the pier

project. You need to provide estimates utilizing all four estimating techniques. For the analogous estimates, search

the Internet for costs on similar projects. Be sure to cite your sources of information. You should use the bottom-up

estimating technique to determine the cost of a section of the pier, and then apply parametric estimating to determine

the cost for the remaining portion

Your assignment should utilize the following tools:

? WBS (Use a MS Project File for this)

? 2.10 Activity List

? 2.11 Activity Attributes

? 2.13 Duration Estimates

? 2.14 Duration Estimating Worksheet

? 2.16 Activity Cost Estimates

? 2.17 Cost Estimating Worksheet

? The basis for your estimates (What method(s) you used to determine your estimates)

? Assumption Log

4. Deliverables

? Activity List with relevant Activity Attributes

? Detailed WBS that integrate/correlates with other worksheets (ie. Duration Estimates, Cost Estimating)

? Duration Estimating Worksheet(s)

? Cost Estimate worksheet(s)

? Summary of cost estimates for building the pier that contain all of the requirements listed above, including

your method (Basis of Estimates) for estimating the costs. (Analogous, 3-Point, Parametric, Bottom-up etc.)

? An assumption log that identifies all important assumptions that were made to complete the cost estimates.

? A detailed group activity log (Must be included, or your assignment will not be accepted)

? Please ensure you cite the sources of information in your assignment.