Restoration of a 1964 Chevrolet Corvair Monza Spyder

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Restoration of a 1964 Chevrolet Corvair Monza
Spyder

• By
• Ananthanarayan Subramanian
• Bradley Hollingsworth
• Meghana Parthasarathy

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Key Details

• Project Deadline
• August 30th 2003.
• In time for Labor Day Car Show.
• Returns
• 15000 for on-time delivery.
• 10000 otherwise.
• Regular Customer

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Need of the Hour ?

• A Project Plan to
• Enable successful on-time completion
• Effectively manage available resources
• Maximize returns

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Project Parameters

• The car
• 1964 Chevrolet Corvair Monza Spyder
• Resources
• People
• Finances
• Equipment

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Project

• Resources

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Resources Available - People

• Engineers
• General supervision and planning
• Meghana, Brad and Anti
• Mechanic
• Assembly and Repair
• Machinist
• Repair
• Fabricator
• Sheet metal work on external parts
• Upholstery Contractors
• Internal upholstery

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Resources - Manpower
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Resources Available - Equipment

• Machine Shop
• Available whenever required by Machinist.
• Sheet metal Fabrication Shop
• Available whenever required.
• Garage with appropriate equipment.

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Project

• Schedule

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Key Tasks

• Research on Corvairs.
• Budgetary Analysis.
• Procurement of a restorable car subject to
  available finances
• Disassembly and in-depth study of the car
• Procurement and repair of appropriate spare parts
• Assemble car and test.
• Delivery.

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Project Schedule (Main Tasks)
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Network Diagram (Main Tasks)
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Schedule for Restoration
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Gantt Chart (critical path)
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Crystal Ball
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Paths for Risk Analysis
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Crystal Ball Output
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Project Schedule Simulation
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Schedule Simulation Statistics

• Summary
• Number of Trials 1000
• Mean 156.69 days
• Standard Deviation 4.224 days
• Range Minimum 146.072 days
• Range Maximum 178.594 days

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Project

• Budget

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Budget Breakdown
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Labor Cost Simulation (Frequency Chart)
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Labor Cost Simulation Statistics
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Crash Costs

• To meet 8/29/03 due date for bonus
• Identified all paths (18 total)
• Excel Solver minimize project duration
• Project Crash Cost 3,571.88
• Crashing accelerates project 30 days
• Majority procuring replacement parts
  repairing original parts

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Cost Analysis
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Resource Usage - Unleveled
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Resource Usage - Leveled
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Risk Analysis Resource Allocation
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Resource Allocation Simulation Statistics
Summary Display Range is from 299.859 to 368.471
Days Entire Range is from 299.859 to 368.471
Days After 1,000 Trials, the Std. Error of the
Mean is 0.378
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Anticipated Problems

• 50 chance of not completing the project on time.
• Increase the upper bound on the critical time.
• Problems for budget and resources.

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Questions??