Sunray's Photovoltaic Power Plant

9 Pages Posted: 2 Jun 2017

See all articles by Yael Grushka-Cockayne

Yael Grushka-Cockayne

University of Virginia - Darden School of Business; Harvard University - Business School (HBS)

Georgios Mexis

University of Virginia - Darden School of Business

Abstract

SunRay, a solar company, is about to embark on its biggest project yet—the construction of a photovoltaic plant at Giordano Mall, a big shopping complex outside Rome. The project manager's first task it to figure out how long the project will take. The case offers us an in-depth look at and understanding of the project plan and a clear description of some of the major uncertainties and risks involved. The case describes the challenges that the project manager, and all others involved, face with this large-scale project, in which risk factors, such as weather or procurement, might simultaneously impact more than one activity.

Excerpt

UVA-QA-0837

Rev. Oct. 20, 2015

SunRay's Photovoltaic Power Plant

Pier Greco, a project manager for the solar company SunRay, met with his team in early December 2010, just a few days after SunRay had been awarded a construction contract for a photovoltaic plant at Giordano Mall, a big shopping complex outside Rome. With 10MWp of installed power, this would be among SunRay's largest projects to date and had the potential to attract significant media attention. Greco and his team were meeting to discuss the expected duration of the project and to assess their confidence in meeting the deadline. To this end, they were going through the latest revision of the project plan to ensure they had properly accounted for the major uncertainties and risks involved.

Industry and Company Overview

The photovoltaic industry in Italy took off in late 2008 and saw triple-digit year-over-year growth in 2009 and 2010. The trend was expected to continue in 2011. In this environment of rapid growth, SunRay had become the largest engineering, procurement, and construction (EPC) contractor in Italy.

. . .

Keywords: Project planning, uncertain duration, risk analysis, Monte Carlo simulation, correlation, construction

Suggested Citation

Grushka-Cockayne, Yael and Mexis, Georgios, Sunray's Photovoltaic Power Plant. Darden Case No. UVA-QA-0837. Available at SSRN: https://ssrn.com/abstract=2975183

Yael Grushka-Cockayne (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

Harvard University - Business School (HBS) ( email )

Soldiers Field Road
Morgan 270C
Boston, MA 02163
United States

HOME PAGE: http://https://www.hbs.edu/faculty/Pages/profile.aspx?facId=263650

Georgios Mexis

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

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