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Estimating & Project Network
Estimating & Project Network
Estimating & Project Network
Instructions:
In July, 1918, a Torontonian named Roy Hill took a gamble. He borrowed $432 from a life
insurance policy and $1,500 from his parents – who took out a second mortgage on their home
to do it – to start his own business: He called it the Canadian Pad and Paper Company. Hill
worked 16-hour days out of his Wellington Street office in downtown Toronto. He was the
company's manager, salesman, shipper and paper cutter - and did it all using rented equipment.
In the evenings his wife would streetcar to the factory to help package the shipments. Within
two years, the Canadian Pad and Paper Company outgrew its offices and moved to a larger
space nearby.
Slowly but surely, Hill's gamble paid off. Business was thriving. Hill's cardboard-covered
notebooks could be found in schools everywhere. Following the purchase of another envelope
company in 1958, Roy Hill changed the name of the company to Hilroy Envelopes and
Stationary Limited. The business moved yet again to - appropriately - an elementary school-
looking building on Eglington West. Roy Hill - who remained chairman of the board well into old
age - passed away in 1978, leaving behind a Canadian legacy. Hilroy's primary-coloured exercise
books have been a staple in Canadian classrooms for the better part of a century. And here's
the remarkable thing: The brand still produces 14 million of those notebooks a year - making it
the largest stationary company in the country. It takes just 45 seconds to make a Hilroy
notebook. But it takes years to build an iconic brand. It's amazing that a paper company can not
only survive, but still thrive in a paperless era.
Source: https://www.cbc.ca/radio/undertheinfluence/how-this-canadian-born-paper-company-thrives-in-a-paperless-era-1.5146339
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Seneca College of Applied Arts & Technology
School of International Business & Management Assignment # 3
MAN 400
Grade: / 15
Hilroy is trying to move away from traditional power to alternative energy sources. They want
all their production plants and all their offices to be converted to solar power. Seneca Solar has
been chosen as a vendor and you are the Project Manager for Seneca Solar. The business case
has been approved. In Phase-1, Seneca Solar converting the head office in Toronto to solar
power. The project start date is next month. Because you are experienced, the executives call
on you to You have done similar projects before. The project was just approved and the
executives want a cost estimate by end of day. Which cost estimating technique would you
use?
One of your team members, Sally Riemer, is responsible to estimate cost and time for Phase-1.
She has told you that a contract will be central to the success of the project and because of this
both parties agree to delay the project start for 3 months. Because of the contract and
protecting profit margins estimates have to be very accurate.
Considering that Seneca Solar has successfully delivered more than 100 solar panel installation
projects for different building sizes in the last 5 years and that in a project the costs incurred are
$ 82 per solar panel and that Phase 1 will require 1200 solar panels
CEO at Hilroy wants to see the work package in the WBS and also wants to understand how you
would make the budget for your project.
How critical path analysis helps you as a project manager in managing time and cost?
[3 marks]
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Seneca College of Applied Arts & Technology
School of International Business & Management Assignment # 3
MAN 400
Grade: / 15
Below is a network diagram for Phase 1 of the solar installation project. Answer the following
questions
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