Planning for Unknowns

Project description
•Evaluate your project management options in terms of schedule, performance, and cost for the following scenario. Support your evaluation.
An office building construction project is 80% complete in the southern Virginia area, when a major hurricane strikes, and stops progress on the worksite for 10 days while damage is assessed and repairs are completed. The project has a fixed budget and a completion date that cannot be moved any further to the right.

•From Part 1 of the ‘Planning for Unknowns” discussion, analyze how your strategy would be different if you had a contingency reserve budget, but still could not change the project completion date. Support your analysis.

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