The Team

Adam Rana, Project Manager

Jungkyoo Park, Stress Analyst

Ilute Nyambe, Finance Officer
Ravi Parmar, Material Specialist
Arnold Ngang, Chief Designer

Thursday 22 April 2010

Financial Report (2)

Looking as the whole construction of the emergency crane is to supply a solid crane that Non Governmental Organisations (NGO’s) can use to after natural disasters occur. Therefore it is key to keep profits to a minimal or if possible 0% as the cranes will be used for a good cause. The crane will be based on the concept of simply assembly of interchangeable components (Kit parts) which are essential for repair and improvement processes in order to prolong the crane’s shelf life.

Our simple innovative design means there a reduced number of parts needed, as well as the less number of skilled labour required in the construction of the crane. This means that even a team of 3 engineers all working on specific areas can fully build the crane from scratch bringing the whole production cost down giving our team a tremendous advantage over the market competition.


Labour includes

-Quality Control

-Assembly

-Welding/Bolting

-Polishing/Painting

-Testing


It is very hard to put a cost on labour but with asking around and receiving quotes whilst making aware of the good cause the crane will be serve the: Total Labour Cost Of One Crane should be £ 300

(this includes workforce labour plus machinery and materials required to do the job)


Summary


Cost Of x1 Crane Kit

£ 680.76

Cost Of x1 Cranes Labour

£ 300.00

Subtotal

£ 980.76



Total Cost Of x100 Crane

£ 61268.40

Total Cost Of x100 Cranes Labour

£ 30000.00

Subtotal

£ 91268.40

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