r project team has been tasked to complete a project to build a new bridge to replace an old one on a road at a point that crosses a small river in a rural community. The old bridge to be replaced is on a single access road to the community and was recently damaged by heavy vehicles crossing it for a construction work in the village. The old bridge is still in use but has failed in the mid-section and can collapse in anytime – the project is therefore urgent from a safety point of view. The bridge is used by both vehicles and pedestrians at all times of the year. The community had petitioned the local council for support in replacing the old bridge but the response had been slow. A private company

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Your project team has been tasked to complete a project to build a new bridge to replace an old one on a road at a point that crosses a small river in a rural community.

The old bridge to be replaced is on a single access road to the community and was recently damaged by heavy vehicles crossing it for a construction work in the village.

The old bridge is still in use but has failed in the mid-section and can collapse in anytime – the project is therefore urgent from a safety point of view. The bridge is used by both vehicles and pedestrians at all times of the year.

The community had petitioned the local council for support in replacing the old bridge but the response had been slow. A private company took the initiative and is replacing the bridge at their expense and has hired you and your team to manage the replacement project.

 

  1. Create a time estimate and cost estimate using estimation methods (1 page each inn tabular form).?

Please Answer related to this question only. I posted and someone answered for different answer which was copy pasted from another website

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