Suppose that the current budget for this project is $500,000 dollars and that it has a 4 month schedule.  The 4 month schedule is based on typical 5 day a week, 8 hour a day work shifts.  The owner emails you as the preconstruction manager and proposes to add an 8 hour night shift on Monday through Friday.  He anticipates that since the duration will be reduced by half the costs should also be reduced by a similar percentage.  For this assignment, please draft a formal memo on how you would respond to the owner.  In your memo, please outline the effects that an accelerated schedule would have on the budget and exactly how it affects productive and overall costs.  The language should be written as if being addressed to a long standing client whom you want to continue working with in the future.  Your memo should be no longer than 2 pages.  No specific format is required but it should be professional in appearance and language.  You can assume that labor makes up 50% of the job costs.