Ringold’s Pool and Patio SupplyJohn Ringold, Jr., just graduated from a local university with a degree in industrial management andjoined his father’s company as executive vice-president of operations. Dad wants to break John in slowlyand has decided to see how he can do on a project that John Sr. has never had time investigate. Twentypercent of the company’s sales are derived from the sale of above-ground swimming pool kits. Ringold’sdoes not install the pools. John Sr. has asked John Jr. to determine whether or not they should get intothat business. John Jr. had decided that the easiest way to impress Dad and get the project done ispersonally to estimate the cost to the company of setting up a pool and then call some competitors and seehow much they charge. That will show whether or not it is profitable.John Jr. remembered a method called the work breakdown structure (WBS) that he thought might serve asa useful tool to estimate costs. Also, the use of such a tool could be passed along to the site supervisor tohelp evaluate the performance of work crews. John Jr’s WBS is shown in the table below. The total costJohn Jr. calculated was $185.00, based on 12.33 labor-hours at $15.00/labor-hour. John Jr. found that, onaverage, Ringold’s competitors charged $229.00 to install a similar pool. John Jr. thought he had awinner. He called his father and made an appointment to present his findings the next morning. Since hehad never assembled a pool himself, he decided to increase the budget by 10 percent, “just in case.”Work TasksPrepare ground surfaceClearRakeLevelSand BottomLay out pool frameBottom RingSide panelsTop ringAdd plastic linerAssemble poolBuild wooden supportLayoutAssembleFill and testTotalLabor-Hours(Estimated) UnitbreakdownLabor-Hours(Estimated)Aggregate2.67Predecessor11/311/32.501½1.501.663.00122.0012.33Q1. Is John Jr’s WBS projection reasonable?Q2. What aspects of the decision will John Sr considerPlease help John Jr in preparing a proper project management report for his father based on the gradingfor case study 1State your assumptions and the values givenThe written report will follow the writing guidelines included1) Flow chart “Approach to project”2) Project Scope3) Project Life Cycle with Efforts vs Time4) Work breakdown structure5) Gantt chart( make up dates that makes sense)6) Net present value (NPV)7) return of investment (ROI)8) Human factors9) Project Team dynamics

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