Details

Case

Educator Copy

Development System (A) (R)

M Farooq Omararuque, Arif Iqbal Rana


INDUSTRY : Construction

AREA : Quantitative Methods

ORGANIZATION : N/A

LENGTH : 8

LUMS No : 06-223-98-1

PUBLICATION YEAR : 1998

DESCRIPTION

KEYWORDS:

Development Systems,Quantitative Methods,Construction,Revised


DESCRIPTION:

An MBA graduate of LUMS was considering starting his own business of constructing residential homes. The industry was very cost competitive. The returns in the industry (if the right product was delivered) was close to the rate of inflation in the country. Thus, in real terms the profits were almost zero. However, the graduate believed that he could make money by catering to a certain market niche, and completing projects in less than six months. The basic issue in the case is project planning; using arrow diagramming technique and CPM.


LEARNING OBJECTIVES:

N/A


SUBJECTS COVERED:

Quantitative Methods