TABLE OF CONTENT PMG ASSIGNMENT PART ”A”
EQUATORIAL GUINEA NEW NATIONAL UNIVERSITY CAMPUS
CONSTRUCTION PROJECT MANAGEMENT
Project Name: Construction Project Management
Prepared by: JOSE MAYE ESONO EYENGA
Reason: The reason for updating the document is due to the Project Management Assignment schedule
This technical assignment will provide information for the Equatorial Guinea new National University campus.
This announces will contain information on the project schedule, building system, cost, customer information system, and staff organisation.
The Equatorial Guinea new national university campus will be a 320,430 St. Peter square nearby the national high school. These trends will facility to accommodate around to 500 students in grades 6 to 7 and 400 in grade 8 though 9. The farcicality is sciences, IT, and economics; this new component will allow students to learn in a practical and theory routine. This essential allow for some design of classroom and some sciences experiment. A considerable significance in technology in new national university campus is also very in attendance. Lecturer will be use the new electronic board technology and all students will used the New University’s facilities freely to improve their skill for a good career achievement.
The New National University will be commence with a wide rand in leaving certificate when student complete the high school schedule and this program is leading by the Equatorial guinea education department office.
The national education department office and some member of the organisation will assist to collaborate in dealing with the critical path points. Therefore, the University campus will also contain a swimming pool grey system that will be use to avoid the contamination then the water will be conserve. A new system will be implemented and that will be used to saver and filter other run-off water.
Besides to the high quality tech lecture, the New National University of Equatorial Guinea can also includes other competition such as tennis court, Golf court, baseball centre, football field, gymnastic basketball high jump areas, etc. The facilities form part of the New National University campus project whereas will be controlled by the national education department office and take responsibility to former those individual.
Those former facility around the National University campus they can also use the faculty when is possible, this is the first national university campus back home.
The first national university campus of Equatorial Guinea is scheduled to be open for the 2020-2021 academic years.
The basement will be design on three ways and that depend on the lane location and the structure of the building. As the picture will show soon the new national university campus of Equatorial Guinea designed as a shape of a board outside. The building structured consist in four plants two on the leaf side and two on the right, with a circumference in the middle.
The circumference or the centre section is the connection of the four plants mentioned above; therefore, this will definitely take the first basement structure. However, the last two basements will be the latest to evoke the connection of the four plants that will be connected with arc.
According to the design, the building will be standing up in five sections the cylindrical, the correspondent four plants both with same structure. For instance, the cylindrical section will involve all the electrical installation. The cylindrical or the centre section of the building will be headquartering for all Equatorial Guinea national university campus communication. By selecting the schedule process, the national university campus will have a tendency of company that is known as China Dalliance. Moreover, if the company is already move out to starting its work this will led to achieve growth in this project.
The company may assume all the building installation, such as electrical, IT and telecommunication. The finish late and the start late may be scheduled in the method by starting in main gate, this meant that in the cylindrical location, working in the both side.
In overall, the new national university campus of Equatorial Guinea will scheduled to take at least 561 days the structure project is scheduled to take at least 168 days. The land is scheduled around 130 days, the contraction plans is 144 days, the superstructure may take about 120 days then the finish time line is 143 days.
For great closeout may includes the verification in some point this will appointed by the supervisory of national education department member.
The final accomplishment would expected to be delivery on January 15, 2021 se the picture below.
A business justification and return on investment in this section it may take some example of a company that want to purchase a new office. Here we will choose the same candidate that takes the responsibility to build the new Equatorial Guinea university campus in the capital city Malabo. However, such company may calculate the (ROI) estimate life cycle in three years period.
CHINA DALIANCE Company wants to set up new office automation in MALABO, base on return investment we will calculate the three years line using the life cycle with four dates as the estimation cost of the project; Year 1, year 2, year 3.
The Building cost $10,000. The installation fee is $2,000, and the annual contract cost is up to $500.
The new product will replace equipment that cost $ 2,000 per year, and it will hold five hours a week of administrative time.
However, the total cost per hour for management assistant at CHINA DALIANCE Company is $30 per hour; the new product will make a profit of $ 7,800 per year (5 hour. /week x $ 30 / hrs.x 52 weeks / year), china dalliance company looking forward and intend to invest and the installation of the new merchandise when the equipment completion date due.
However, the table below show the china dalliance new project its cash flow statement
Cash flow statement (three years)
Year 0 Year 1 Year 2 Year 3
Equip (10,000) 0 0 0
Install, (2,000) 0 0 0Fee (500) (500) (500) 0
Subtotal (12,500) (500) (500) 0
Equipment (2,000) 2,000 2.000 0
Work (0) 7,800 7.800 7,800
Subtotal (2,000) 9,800 9.8009 9.800
Cash Flow…………………………… (10,500) 9.300 7.800
This company start its project (year 0) with $10, 5000, therefore, that will flow out of china Dalliance Company. However, as we already calculate above this will showcase with the total amount of $9,300 in year one, $ 9.300 in year 2, and $7800 in year 3. For instance, according to the project scope schedule method it is necessary to change the product at the end of year 3. This means that the new product that already scheduled most be replaced with the new one in 3 years period of time.
A return on investment (ROI) is the quantified benefits of the project over the period of time. Every business is measured to make a profit from its investment. For business, profit is the key and the reason in this business that provide a product or services. Business wants to know if their effort is profitable during the project or service schedule will result with financial gain (Wins 1997).