Group 11 - Topic H

Group 11 - Topic H - ISE 441 Engineering Project Management...

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ISE 441 Engineering Project Management Case Study Presentation Trouble in Paradise Lecturer: Dr. Joseph W. K. CHAN Presentation Date: 21 November
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SCENARIO Trouble in Paradise
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Contractor Finding A reward for becoming Acme Corporation's first PMP – assigned a new PMP, Wiley Coyote, the leadership A delay after submission – at least $100,000/ month A solicitation package has been done for attract a contractor
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Contractor Finding 8 companies prepared to bid based on that solicitation package Wiley Coyote just negotiate only with the low bidder, which has a significantly lower final cost than the other bidders Ima Roadrunner, handling the negotiations with Wiley It’s a contractor that Wiley never worked with previously
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Contractor’s Information Critical information provided from contractors: All work accomplished by engineering Total burdened labor was 2000hrs at $120/hr Duration of project – approximately 6 months and would finished in 2006 (keep the same labor rate) Contractor’s overhead rate was 150% Engineering
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Contractor’s Information All of assigned workers would be at the same pay grade and signed full time workers Profit request 12.5% but subject to negotiation Ima Roadrunner’s salary included in overhaed structure No materials were required
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Contractor’s Information Solicitation package identified a penalties for late delivery Ima argued that it is unfair…higher profit margin required to compensate for risks Ima request the profit margin: 12.5% >> 10% Both parties agreed to this deal
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Monthly Report Contract did not call for any type of “Earned value” Ima had very limited knowledge of earned value measurement and never used it
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This note was uploaded on 10/02/2011 for the course ME ISE441 taught by Professor W.k. during the Spring '11 term at NYU Poly.

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Group 11 - Topic H - ISE 441 Engineering Project Management...

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