TYPES OF CONTRACT/ EVM EXERCISE Instructions: Within the context of your Week 2 Business Case project you will address and identify the different types of contracts that are available for supply chain management. You will copy and paste the Business Case. For each of the six (6) contract types below you will provide a description/definition of each contract type as provided within the Kloppenborg textbook (properly cite the textbook for these definitions/descriptions). You will then identify where each of the contracts could be utilized within your project. These need to be specific examples and explain why the specific contract type would be ideal for these resources and/or supplies (goods or services). Each contract type has a 100-word minimum. Business Case: Fixed-Price Contracts Firm-Fixed-Price (FFP) Contract: Fixed-Price-Incentive-Fee (FPIF) Contract: Fixed-Price-Economic-Price-Adjustment (FP-EPA) Contract: Cost-Reimbursable Contracts Cost-Plus-Fixed Fee (CPFF) Contract: Cost-Plus-Award-Fee (CPAF) Contract: Cost-Plus-Incentive Fee (CPIF) Contract: TYPES OF CONTRACT/ EVM EXERCISE Instructions: You have been instructed to provide a detailed analysis of the current progress of cost and schedule for an on-going project. You have been provided the Planned Value, Earned Value, Actual Cost and Budget at Completion. You will calculate the Variances, Indexes and Estimates for the project to provide a comprehensive report on the project. The Comprehensive Situational Analysis should explain 1) how the results are calculated, 2) what each of the results mean, and 3) what specific action steps should be taken to bring the project back within scope. Definitions must cite Kloppenborg textbook. Planned Value (PV) Earned Value (EV) Actual Cost (AC) Budget at Completion (BAC) $700,000 $350,000 $1,050,000 $2,000,000 Schedule Variance (SV) Cost Variance (CV) Schedule Performance Index (SPI) Cost Performance Index (CPI) Estimate to Completed (ETC Method 1) Estimate to Complete (ETC Method 2) Estimate at Completion (EAC Method 1) Estimate at Completion (EAC Method 2) To-complete Performance Index (TCPI) Comprehensive Situational Analysis: TYPES OF CONTRACT/ EVM EXERCISE 1 The Related Santa Clara Project. Business Case Yash Patel University of the Cumberlands Dr. Brian Houillion BADM634 Initiating the Project 01/24/2021 2 Project Title: Related Santa Clara. News source (APA reference): Related Santa Clara. (2018, March). MASTER PLAN & PHASING. https://skyboxrealty.com/wpcontent/uploads/2018/03/Master-Plan-and-Phasing.pdf Web address: www.RelatedSantaClara.com Brief Overview: The Related Santa Clara is a mixed-use, multi-phased and LEED-certified project adjacent to Levi's Stadium in Santa Clara, California. Through a public-private partnership between the Related Companies and the city of Santa Clara, the Related Santa Clara project is envisioned to become one of the region’s economic engines. Designed to establish a "work, live and play" environment, the Related Santa Clara project incorporates restaurants, office spaces, residential units, hotel, retail spaces, and entertainment avenues, creating a mixed-use city neighborhood. Located on a 240-acre piece of land, the Related Santa Clara project seeks to establish a 9.2 million square feet sustainable, innovative and tech-enabled world-class neighborhood. The project also supports an outdoor lifestyle with a dedicated 30-acre fitness and recreation park. How does this fit the four (4) elements of a project? 1. The Related Santa Clara project is new. After going through various legal processes, the project's initial site works began in May 2019. It seeks to bring a holistic change to the location, moving from an underutilized golf course into a world-renowned neighborhood. 2. Time-bound. Starting in May 2019, the project's first phase will be open for the public by 2023, and the remaining phases will be completed by the end of 2034. 3. Interdependent tasks. The project will entail two components: peripheral office campuses and a city center. The two will combine to form the Related Santa Clara. 4. Unique product. The Relate Santa Clara will embrace and establish an integrated “work, live and play” environment. Business Case (100 words exactly): The Related Santa Clara project in California will provide a serene working, living and leisure-sensitive neighborhood with the incorporation of various sustainable, tech-enabled, and innovative residential and commercial spaces, entertainment venues, and public spaces. Located on a 240-acre piece of land, the Related Santa Clara overall project costs are estimated at $8 billion. Having kicked off in May 2019, the project is envisioned to open its first for the public in 2023. The Related Santa Clara project will produce an estimated 36,000 permanent and temporary jobs by its completion date in 2034. The total project will cover 9.2 million square feet. 
Purchase answer to see full attachment