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Introduction The following paper examines The vat Period topic have from Harold Kerzners book Project Management: fibre Studies. Utilizing standard Earned Value Management (EVM) principles, I fate to channelise that the Scott insure was initially a poor investiture by Park Industries. By determining the amount of fruit with an estimated 10% yearly rate of return, Park Industries will not respite even on their initial investment indoors the five-years of follow-on start out work from the Scott plenty. Problem Statement In January 1987, Park Industries was awarded an exclusive pledge with the Scott Corporation. The firm fix-priced contract consisted of a 10-month R&D hold with possible follow-on contracts being awarded at the end of the initial throw up. complimentary to say, Park Industries was elated with the vista of future business with the Scott Corporation. Jerry Dunlap was selected as the intent manager for the Scott project, and he understoo d the importance of this project and the impact it had on the future business of Park Industries. In staffing the project, Jerry was provided with seven wax- term project office personnel and octonary team members from the various viable departments within the company. Of the eight functional employees, four were charge to the project full- sequence and four employees were assigned to the project part-time. The project was intend and scheduled and it was find that for the succession of the project a supply of 2,080 man-hours per month were required to land up the project. It was also determined that the average hourly wage was about(predicate) $60.00 an hour per person. Six months into the project, Jerry was inform that due to computer memorying issues, the Scott Corporation was not able to fund any follow-on contracts until March 1988; a total of four months from the time of project completion to the time that additional work was expected. This check o f time is referred to as the Bathtub Period.! In order...If you fate to get a full essay, order it on our website: OrderEssay.net

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