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Part
a: By providing your phone number, you agree to receive a
automated text message with a link to get the app. Stand
messaging rates may apply.
Original requirement of man-days = 60 days * 100 workers = 6000
man-days

Revised planned man-days = 50 days * 115 workers = 5750

man-days

We see above that the engineer will not be able to

complete the job on time because still there shortfall of
My Textbook Solutions
6000 - 5750 = 250 man-days to meet the deadline.

Part
b:

Let us now find out how many additional days the engineer will
take to complete the work:

Additional days to be taken = 250 man-days / 115 workers = 2.17

days

Additional days to be taken = 3 days (rounded up) Fundament... Structural... Vector..

4th Edition 6th Edition 9th Editio

The engineer won't save money because he will have to pay the
liquidated damages for 3 days, which
amounts to 3 * P5000 = P15000.
In addition to it, the engineer will have to pay the full day wages
to the View all solutions
workers hired on the 3rd additional day, even though the
workers worked for only part of the day. The idle
time wages
payable by the engineer are:

Idle time wages payable = wages for whole 3 days - wages for
2.17 days

Idle time wages payable = (115*3*P400) - (115*2.17*P400)

Idle time wages payable = P38180

Total extra cost = Idle time wages payable + Liquidated

damages

Total extra cost = 38180 + 15000

Total extra cost = P53180

The engineer happens to see a cost overrun of

P53180.

Part
c:

Minimum cost to complete the job = Ideal wages payable for 50

days with 115 worker + Idle time wages
payable + Liquidated
damages

Minimum cost to complete the job =

(50*115*400)+(38180)+(15000)

Minimum cost to complete the job = 2300000+38180+15000

Minimum cost to complete the job = P2353180

(Answer)

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