COLLEGE OF BANKING AND FINANCIAL STUDIES

DEPARTMENT OF UNDERGRADUATE STUDIES

BSc. Accounting Auditing and Finance

Group Assignment 2 Brief- Weightage: 20%

Student Name
Semester	5	Year	Fall 2020-21
Assignment Title	Tools for Project Management
Module	Project Management	Assessor:	Mirza Jamal (Jamal@cbfs.edu.om) / Priya Gopal (priya@cbfs.edu.om)
Start Date:	November 24,2020	IV	Dr. Chintan Anilbhi Joshi chintan@cbfs.edu.om
Due Date:	December 19, 2020	Submission Date

Required Work, Format and Grading

You must submit the following by the assignment due date: Total Marks for this assignment are 20 Weightage of this assignment is 20% Assignments without TURNITIN report will not be accepted.

Resources Time and cost scheduling packages Documentation and procurement control packages Spreadsheet packages Graphic presentation packages.

Guidelines and further information about assignment:

Assignment must be submitted with the “Turnitin” report. If the report generated indicates a similarity index percentage of 20% or more, a review of your assignment is necessary to ensure the same is reduced to less than 20%.

Student declaration:

I certify that the work contained in this assignment was researched and prepared by me:

Signature: ___________________________ Date: ___________________

Grades given are subject to the final verification. No grades are Final

The user ID and Password for submitting the soft copy of the report through TURNITIN is as follows:

Class ID: 27030942 Enrolment Password: sem5

Submission time and date

You should submit the assignment asper the time and date mentioned above. Fill in the covering form of your assignment. Make sure that all the relevant details are included. You may include diagrams, figures etc without word penalty.

Plagiarism in Writing

Summary

1. Plagiarism occurs if you use somebody else’s work in an assignment or exam answer, but fail to state where you got the material from. You need to be also very careful about the amount of words you are using from somebody else’s work.
2. It can happen in any type of assessment where you are given the questions or tasks in advance.
3. If another student uses your work in his/her answer(s), both you and he/she will be punished when caught.
4. Punishments for committing plagiarism can be very severe.

Details

Plagiarism is a form of cheating in which students use the work of others and present it as their own. It may include all or any one of the following –

1. Copy extensively from the work of others (from sources such as books, magazines, journal, web-sites etc) and submit the work as your own.

2. Copy another students’ work and submit it for assessment under your own name.
3. Allow another student to copy your work and then submit it for assessment under their own name.

What happens if you get caught?

The examining body of CBFS may punish offending students in any manner that they deem fit. Typical punishments may range from reduction in grades, making students re-sit modules and even failing students on a module or an entire award. The college considers this form of cheating as a serious offence. Therefore be forewarned!

Important Instructions

• Sample tables are attached at the end of this assignment for your consideration while performing assignment tasks

Assignment 2 Tasks

1. Fill the following table with your group members’ Student ID, Name and the project selected for previous assignment (Assignment1)

S.No	Student ID	Member Name	Assignment 1 Project
1
2
3
4

2. Select the most suitable project from the projects mentioned in task A and give reason of your selection. (100- 150 words) (2)

3. Write scope statement of your selected project. (200 words one page only) (3)

Important Note: Consult the samples given on page 4 and 5 to perform the following tasks

4. Create WBS of your project (minimum 25 tasks, all tasks should be related to your project) (5)

5. Set the Duration and Predecessors for the activities of your project: (2)
6. Create Resource sheet of your project and assign resources to the tasks of your project: (2)
7. Online group presentation with Q&A on December 20 and 23 (3+2=5)
8. Ontime submission of Assignment and Presentation (1)

———————————————-End—————————————————–

1. Sample of WBS of a project for introducing a new drink in the market.

1.0 Project Name: Crystal Lemon Drink
1.1 R & D product development
	1.1.1 Need survey
	1.1.2 Set product steps
	1.1.3 Shelf life report
	1.1.4 Nutrition report
1.2 Secure fruit suppliers
1.3 Initial Production
	1.3.1 Equipment rehab
	1.3.2 Production trails
	1.3.3 Quality trails
	1.3.4 Quality metrics
	1.3.5 Quality Training
1.4 Distribution
	1.4.1 Market testing
	1.4.2 Package design
	1.4.3 select distributors
1.5 Legal
	1.5.1 Complete FDA certification
	1.5.2 Register trademark
1.6 Prepare product launch

2. Sample of Duration and Predecessors

Activity	Description	Duration(days)	Preceding Activity
3	Need survey	20	None
4	Set product steps	15	3
5	Shelf life report	10	4
6	Nutrition report	5	4
7	Secure fruit suppliers	20	5,6
9	Equipment rehab	30	4
10	Production trails	15	7,9
11	Quality trails	20	10
12	Quality metrics	5	11
13	Quality Training	15	12
15	Market testing	30	5,6
16	Package design	15	15
17	select distributors	25	5,6
19	Complete FDA certification	15	7,15
20	Register trademark	5	7,15
21	Prepare product launch	15	13,16,17,19FS+25days, 20FS+15 days

3. Sample of Resource sheet

Resource availability and Pay Rates

Resource	Abbrev	Available	Hourly rate
Marketing staff	MRKT	5	$80/hr
R&D	R&D	5	$80/hr
Engineering	ENG	10	$100/hr
Purchasing	PURCH	2	$60/hr
Quality engineers	QUAL	3	$80/hr
Designers	DESIGN	3	$60/hr
Legal staff	LEGAL	3	$120/hr
production	PROD	20	$60/hr

4. Sample of Assigning Resources to the tasks

Activity	Resources
Need survey	MRKT(500%)
Set product steps	R&D(400%),MRKT(20%)
Shelf life report	R&D(300%)
Nutrition report	R&D(300%)
Secure fruit suppliers	PURCH(100%)
Equipment rehab	ENG(1,000%), PROD(2,000%)
Production trails	PROD(1500%), PURCH(100%), ENG(1,000%
Quality trails	QUAL(300%),PROD(500%)
Quality metrics	QUAL(300%),PROD(100%)
Quality Training	QUAL(300%),PROD(1500%)
Market testing	MRKT(500%)
Package design	DESIGN(300%),MRKT(100%)
select distributors	MRKT(500%)
Complete FDA certification	LEGAL(300%)
Register trademark	LEGAL(300%)
Prepare product launch	QUAL(300%), PURCH(200%), PROD(1500%), MRKT(500%), ENG(1,000%), R&D(100%)