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Week 1 0 - Class Activity # 3 You are an assistant to Percival Young, president of G&E Company. He has asked you to prepare

Week10- Class Activity #3
You are an assistant to Percival Young, president of G&E Company. He has asked you to prepare a
brief report on the status of the Ventura Stadium project.
Ventura Stadium is a 47,000-seat professional baseball stadium. Construction started on July 8,
2019, and the stadium is to be completed on February 21,2022. The project is estimated to cost
$320,000,000. There are $35 million management reserves to deal with unexpected problems and
delays.
The stadium must be ready for the 2022 major league season. G&E would accrue a $500,000 per
day penalty for not meeting the April 3,2022, deadline.
Week 10- Class Activity #3.docx
Tables C13.1 and C13.2 contain information submitted by your counterpart at the Ventura site from
which you are to prepare your report. Use the appropriate indexes/information to prepare a report
informing Mr. Young on the overall status of the Ventura project in terms of costs and schedule.
Note: Mr. Young is not interested in specifics, just how well the overall project is doing and if there is
a need to take corrective action.You are an assistant to Percival Young, president of G&E Company. He has asked you to prepare a brief report on the status of the Ventura Stadium project. Ventura Stadium is a 47,000-seat professional baseball stadium. Construction started on July 8,2019, and the stadium is to be completed on February 21,2022. The project is estimated to cost $320,000,000. There are $35 million management reserves to deal with unexpected problems and delays. The stadium must be ready for the 2022 major league season. G&E would accrue a $500,000 per day penalty for not meeting the April 3,2022, deadline.
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