Business Case:

The business case for this project is that it will result in the construction of a new community center in a midwestern town that is relatively modest. This undertaking has a total budget of $3.5 million, and its completion is anticipated to occur over three years (2020-2023). Start date is Jan 15^th, 2020, and end date is 2023 Nov 4^th. To complete the project, you must get all the required permissions and licenses, design and designate the building, hire contractors to construct the facility, and acquire all the requirements. The facility will include a gymnasium, a library, a multi-purpose room, as well as more office and storage space, according to estimates. It will have a total area of around 20,000 square feet. The project will also require the execution of several subsidiary projects, such as the construction of a lift, a heating and cooling system, and a security system, amongst others. When it is finished, the facility will be a location where the people of the town will congregate, take part in events, and have access to services that they would not have otherwise.

Stakeholder	Interest in Project	Priority	Support/Mitigation Strategies
Town Mayor	Ensure theproject successfully improves the town's infrastructure and provides community services.	High	Regular updates on the project progress and involvement in decision-making processes
Community Members	Access to community services and gathering space	High	Regular updates on the project progress and opportunities for input and feedback
project manager	Successful completion of the project within budget and timeline	High	Regular communication with all stakeholders, risk assessment, and contingency planning
Architect	Design and construction of the building according to specifications and regulations	High	Regular communication with the project manager and contractors and adherence to the project timeline
Contractors	Construction of the building according to specifications and regulations	High	Regular communication with the project manager and adherence to the project timeline
Building Inspectors	Ensuring compliance with building codes and regulations	High	Regular communication with the project manager and adherence to the project timeline
Town Council	Approval of project budget and decisions	Medium	Regular updates on the project progress and involvement in decision-making processes
Library Board	Design and operation of the library within the community center	Medium	Regular communication with the project manager and architects and adherence to the project timeline
Gymnasium Operator	Design and operation of the gymnasium within the community center	Medium	Regular communication with the project manager and architects and adherence to the project timeline
Security Company	Installation and operation of the security system	Medium	Regular communication with the project manager and adherence to the project timeline

Instructions: This exercise will provide an opportunity to identify and analyze types of costs within the above selected project.

For each of the cells below you will provide:

1) a brief definition of the type of cost,

2) identify a specific resource cost within your project that fits this type of cost and then,

3) explain why this cost specifically fits the definition.

EXAMPLE Fixed: 1. Fixed costs are "costs that remain the same regardless of the size or volume of work" (Kloppenborg 2019, p. 331) 2. Rental of paint sprayer 3. The paint sprayer for home remodel project will be a fixed cost of "x" amount per time rented "y". The price for the rental will not fluctuate if it is used more or less during the rental period.
Fixed: 1. 2. 3.	Variable: 1. 2. 3.
Direct: 1. 2. 3.	Indirect: 1. 2. 3.
Recurring: 1. 2. 3.	Nonrecurring: 1. 2. 3.
Regular: 1. 2. 3.	Expedited: 1. 2. 3.
Internal: 1. 2. 3.	External: 1. 2. 3.
Lease: 1. 2. 3.	Purchase: 1. 2. 3.
Labor: 1. 2. 3.	Material: 1. 2. 3.
Estimate: 1. 2. 3.	Reserve: 1. 2. 3.