LNG Plant Project

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Time X Cost (should the project inject $1.5M to save 30 Days in the total time of the project?)

D: Spending $1.5 millions to save 30 days on the project
D': Saving $1.5 millions and RISK to deliver the project after the deadline
B: Honor contract with clients, Don't pay penalties, and don't have any losses originated from delays.
C: Be efficient, don't spending money unnecessarily, not having any advancement on the delivery date of the product to my client(s)
A: At the same time we need to finish the project on time wasting a less amount of money possible
Click on the icons on the arrows to see assumptions and injections
In order to At the same time we need to finish the project on time wasting a less amount of money possible I must Honor contract with clients, Don't pay penalties, and don't have any losses originated from delays. and in order to Honor contract with clients, Don't pay penalties, and don't have any losses originated from delays. I must Spending $1.5 millions to save 30 days on the project. But, in order to At the same time we need to finish the project on time wasting a less amount of money possible I must also Be efficient, don't spending money unnecessarily, not having any advancement on the delivery date of the product to my client(s) and in order to Be efficient, don't spending money unnecessarily, not having any advancement on the delivery date of the product to my client(s) I must Saving $1.5 millions and RISK to deliver the project after the deadline. I can't both Spending $1.5 millions to save 30 days on the project and Saving $1.5 millions and RISK to deliver the project after the deadline.
RelationAssumption(s)Injection(s)
D-D'All resources are working full time already, consequently they have to add extra time to resources, thereafter increasing the valueIf the resources used now work more efficiently we could gain more time and or save on costs, one of the ways to achieve this is by offering training and incentives for employees, reducing accidents and injuries and giving bonus to hit targets.
B-DBecause $ 1.5 miloes is a very low investment, and the tranquility of being able to have up to 30 days to spare in a complex project like this is worthThe project is running according to plan and there is no reason to doubt that we will have delays.
C-D'Since the project is on schedule there is no need to spend $ 1.5 million.In a hundred million dollars project, $ 1.5 million can be considered as a small insurance, because a lot of problems can happen and delay the project.
A-BBecause this is one of the company principles and is What all ours steakholders expect. Because our customer depends on the delivery of the product in the contracted day, and because only this way we can be profitable.The project is going well and we have no reason to doubt that the deadline will be met.
A-CThose are the basics of any business, efficiency, economy, profit maximization.Think of this $ 1.5 million as an investment or insurance for the project, not as unnecessary. In the future this $ 1.5M project will be much more efficient and profitable.