Date : 27June 2023

MUSEUM EXPANSION SPONSOR

I've chosen to use a mix of Options 4 and 5 and intend to condense the project timeline from 89

days to 81 days by Rescheduling and Reallocating resources in the later stages of the project.

By incentivizing overtime hours via 1.5x wage, we can make up for the necessary number of

hours needed to complete the work on schedule (64 hours). The Lobby will be the last portion

unfinished so we can either utilize our 64 hours of overtime crashing the Lobby or utilizing them

to fast track and finish the Store and/or Lecture Hall even earlier to then all crash the Lobby with

whatever remains authorized. Both options would allow us to complete the project per the 81

Day Timeline if the 64 hours of overtime work enabled all requirements to be met.

By breaking down the hours required to complete the project at 89 days (712) and then

subtracting the hours required to complete it at 81 days (648) it meant we had to come up with 8

days or 64 hours of work time to reach the requirement of 712 total work hours. The budget was

initially $30,000,000.00 and was raised to $33,000,000.00 to facilitate completion. Utilizing a Per

Hour cost of $42,134.83 and an overtime cost of $63202.25(1.5x base Per Hr) based upon 89

days of 8hrs per day totaling 712 total hours, then dividing the $30million by 712 hours, I then

calculated if we could condense the timeline to meet time constraints and budget. We can.

For this method to work we are assuming that the project would be complete at 712 total work

hours, with no more than 64 hours of overtime utilized. We’re also assuming that no scheduling
dependencies will interfere with scheduling overtime for the contractors and subcontractors.

We’re also assuming that by fast-tracking early or crashing, the workers will be able to complete

the same amount of total work hours in a condensed number of days. By making these

assumptions we assume the risk that milestones could be missed due to increased

requirements for communications and co-ordinations. However, the risks are reasonable and

seem manageable inside of budget. Also, utilizing the newly condensed 81 Day Timeline, there

would still be $1,630,617.98 left in the overage budget in case we need to incentivize heavier or

sooner.

Respectfully,

GRAHAM LANGLEY