Southwestern university case study
SOUTHWESTERN UNIVERSITY (A)
I. STATEMENT OF THE PROBLEM: What should Hill Construction do to ensure that the construction of the first class stadium of Southwestern University will not exceed 270 days?
II. OBJECTIVES:
General:
To come up with a plan of action that will guarantee the completion of the stadium on or before the start of 2010 opening game
Specific:
To come up with an alternative course of action that will not just meet the required period, but will also take into consideration the total costs of the construction and will also satisfy the preference of Hill Construction regarding the minimum probability completion.
III. POINT OF VIEW: The case was analyzed from the point of view of Bob Hill of Hill Construction.
IV. AREAS OF CONSIDERATION:
In analyzing the case, the following factors and concepts have been identified by the researchers to be significant:
Completion time. Being the major concern of Southwestern University, Hill Construction is given a maximum of 270 days to build the stadium.
Total cost. Total cost that Southwestern University will incur in this project. It also includes the cost of crashing activities. Completion probability. The computed number of possible days of completion gives as estimation on the probability that the set deadline of the project will be met.
Another factor to be considered is the preference of Hill for an at least 75% completion probability of the project.
V. ANALYSIS AND DISCUSSION
Southwestern University (SWU) has already established its decision to construct its on-campus stadium in order to address the problem of increasing number of audiences at every football game. The administrators of SWU contracted Bob Hill of Bill Construction to execute the said project.
The case has provided data and assumptions that are essential in the determination of the problem stated above. The given information was analyzed using various quantitative analysis tools and concepts.
In order to determine the
I. STATEMENT OF THE PROBLEM: What should Hill Construction do to ensure that the construction of the first class stadium of Southwestern University will not exceed 270 days?
II. OBJECTIVES:
General:
To come up with a plan of action that will guarantee the completion of the stadium on or before the start of 2010 opening game
Specific:
To come up with an alternative course of action that will not just meet the required period, but will also take into consideration the total costs of the construction and will also satisfy the preference of Hill Construction regarding the minimum probability completion.
III. POINT OF VIEW: The case was analyzed from the point of view of Bob Hill of Hill Construction.
IV. AREAS OF CONSIDERATION:
In analyzing the case, the following factors and concepts have been identified by the researchers to be significant:
Completion time. Being the major concern of Southwestern University, Hill Construction is given a maximum of 270 days to build the stadium.
Total cost. Total cost that Southwestern University will incur in this project. It also includes the cost of crashing activities. Completion probability. The computed number of possible days of completion gives as estimation on the probability that the set deadline of the project will be met.
Another factor to be considered is the preference of Hill for an at least 75% completion probability of the project.
V. ANALYSIS AND DISCUSSION
Southwestern University (SWU) has already established its decision to construct its on-campus stadium in order to address the problem of increasing number of audiences at every football game. The administrators of SWU contracted Bob Hill of Bill Construction to execute the said project.
The case has provided data and assumptions that are essential in the determination of the problem stated above. The given information was analyzed using various quantitative analysis tools and concepts.
In order to determine the