BARBARA: Thanks Denise. I'll just outline the process we've been through, identify some problems, and give you an estimate on completion time and the outcome financially.
JOHN: Is it good news or bad news?
BARBARA: Bear with me. Now, if you recall, after a feasibility study, we put the project out to tender eighteen months ago, and selected Ezybuild as our project manager.
Work commenced about fifteen months ago, and it's been progressing to schedule until recently.
DENISE: What's the problem?
BARBARA: Unfortunately there are three: Firstly, there's been a delay in materials - specifically steel because of industrial issues at the suppliers. Secondly, we've lost days due to the weather. And finally, there's been a resulting cost blowout.
JOHN: So what are we going to do?
BARBARA: Well, they've managed to get another supplier now. I suggested moving the completion date back. That way, there's no penalty, and they agreed to re-deploy their workers until building can start again.
JOHN: Smart thinking.
BARBARA: We've been waiting for the rain to stop - but we can't control the weather!
DENISE: And the cost?
BARBARA: At this stage, just a small overage. But I'll be watching it very closely over the next few months. With no more delays, we're expecting to complete the project just one month behind schedule.
DENISE: Good work Barbara.
JOHN: Humph