Using the Cordell Estimate Titled Roofing - Compare the Estimated Risk - Finance Assignment Help

Assignment Task :

Assessment 1: Identify and classify project costs. 
The project on Roulade Rd Education Facility has commenced and has reached the roofing stage.  The total budget for this school building  is $2000000 – 15% payment has been made by the client so far.  They have decided to pay monthly (per month $166666)

With reference to the roof plan, you will need to perform the following tasks:
a) Using the Cordell estimate titled ‘Roofing (CPCCBC5002A)’, create an estimate with cost centres for the roofing works, including labour, materials, plant and subcontractors. If there is any information not provided on the plan, then you are required to include your own inputs. Refer “Cordell used proofing”
b) Determine three examples of cost related risk relevant to this project, and compare the estimated risk against the estimated costs.  Student guide Page 17 & 19
c) Prepare a pessimistic cash flow projection for the roofing $2000000 – 15% payment has been made, pay monthly (per month $166666) – expenditure , including critical financial phases, and a corresponding contingency plan. The pessimistic cash flow should consider time risk and cost risk     Contingency  plan “what will you do for those risk”
d) Using the cash flow create a s curve reflecting the resource control
The total budget for this school building  is $2000000 – 15% payment has been made by the client so far.  They have decided to pay monthly (per month $166666)
Use “Blank graph paper for SGraph” to complete it.

You will need to compile these documents into a hard copy submission for your assessor. The written elements of this assessment should contain no more than 500 words (this does not include the estimate or the cash flow projection).

Assessment 2: Monitor project expenditure. 
To project and track spending for the roofing, you will need to prepare a schedule of spending and implement expenditure controls for the work team. 

Your monitoring process will need to be explained to the site supervisor through a procedural document. Your document will need to include:
a) A schedule of spending, with critical points identified (you may use MS Project or MS excel to assist you with this task) Use “ Cordell used proofing” & Assessment 1 “The total budget for this school building  is $2000000 – 15% payment has been made by the client so far.  They have decided to pay monthly (per month $166666)” as data to complete schedule.
b) Methods of monitoring cash inflows and outflows daily, including payment claims and progress payments  Student guide Page 10
c) Comparison of the critical financial phases in cash flow for an early start, and a early finish of the roofing work  Student guidePage 38, 42, & 43

This document should not exceed 750 words, and must be submitted to the assessor as a hard copy.

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