Pir Mehr Ali Shah

Arid Agriculture University, Rawalpindi

Office of the controller of Examinations
Final Exam Fall 2020 (Paper Duration 24 hours)
To be filled by Teacher

Course No.: MGT-514 Course Title MGT-514 Intro to Project Management

Total Marks: 30 Date of Exam: Feb 09, 2021

Degree: BBA (H) Semester: 5th Section: A

Marks
Q. No. 1 2 3 4 5 6 7 8 9 10 Obtained/
Total Marks
Marks
Obtaine
d
Total Marks in Words:
Name of the teacher: Tahir Masood,,
Who taught the course: Signature of Teacher / Examiner:
to be filled by Student

Registration No; Name

18- ARID-6371 : SHAGUFTA AMIN
 Question. 1

Consider the following project (time given in days).

Activity time (Days) Predecessor

1 12 ---
2 8 ---
3 17 2
4 14 1,3
5 22 4
6 7 5
7 5 5
8 8 7
9 5 8,6
Find:
a) The network
 61 68
25 39 39 61
0 12 ACTIVITY 74 79 79 79
ACTIVITY4 (14) Activity 5(22)
0 0 6(7)
ACTIVITY ACTIVTY END
25 39 67 74
1 (12) 39 61 9(5)
start
13 25 74 79 79 79

0 0 0 8 8 25 61 Activity 7(5) 66 66 74
ACTIVITY 2(8) ACTIVIT3 (17) Activity
8(8)
8 25 61 66
0 8 66 74
 b) The critical path, the critical activities and completion time (Marks5)

Above the orange boxes show the critical path of this project.

Critical activities are listed below;

Activity 2
Activity 3
Activity 4
Activity 5
Activity 7
Activity 8
Activity 9

The completion time of this project is 79 days.

c) Early start, early finish, latest start, latest finish and slack times. (Marks 05)

Activities Early start Early finish Latest start Latest finish Slack time

LS-ES-T=slack
time
Start 0 0 0 0 0
Activity 1 0 12 13 25 13
Activity 2 0 8 0 8 0
Activity 3 8 25 8 25 0
Activity 4 25 39 25 39 0
Activity 5 39 61 39 61 0
Activity 6 61 68 67 74 6
Activity 7 61 66 61 66 0
Activity 8 66 74 66 74 0
Activity 9 74 79 74 79 0
Finish 79 79 79 79

Question. 2 [Marks: 05]

Would you like to be a project manager? Why, or why not? Give at least 03 reasons. (One reason
should be explained in one paragraph.)
Because tasks are frequently complicated and involve several stakeholders, having a mission
manager to steer the initiative and preserve everybody on the same web page is critical to
assignment achievement.

In reality, Project manager located that organizations using any type of challenge management
method are better at meeting budget, staying on agenda and assembly scope, great standards and
anticipated benefits.

Here are three main reasons why I like project management

Learning opportunity
Project manager function gives us possibilities to examine something new every day. Project
managers hold their bright set of information. And alternate them to the organization & humans to
check non-stop success. The way to seize and control the information to force destiny initiatives
with success. That is why pro challenge supervisor is an asset to the organization. If we are an
amazing learner then its willing to reveal our self to style of studying possibilities, this profile will
assist us. While a undertaking control position presupposes which you understand plenty
about coordinating teams, there’s nonetheless plenty we want to learn how to acquire the great
results. This, however, doesn’t imply which we have to attend seminars and examine masses of
books, alien though this is probably pretty inevitable if we’re seeking to be a professional. Besides
the several undertaking control guides to be had that will help us make bigger our knowledge,
there’s a risk that our colleagues may even educate us some new abilities and expand our
knowledge of a few industries. Perhaps, we’ll be higher in net improvement or layout whilst
running on a selected undertaking.

 Clear Career Progression

When we pick out move to control as a profession path, we can without problems begin as a
venture coordinator and speedy transition into a few junior venture control roles. After this, we
could climb the ladder to handling our very own tasks and with time, extend our talents to address
greater substantial and greater complicated tasks. We will now no longer want a few years of revel
in as a way to take the plunge to handling applications and sooner or later portfolios. With a
profession in venture control, we could additionally favor to pass sideways into one of the diverse
associated roles consisting of Project Office Manager or pick out to concentrate on one place and
emerge as a professional in useful resource allocation or scheduling.
If we’re seeking to manipulate large strategic tasks, then we will definitely want to endurance and
aptitude. But, in case we decide on handling smaller tasks, this is additionally fine. There’s scope
inside PM to make any of those profession picks a large success.

 Develop Existing Skills

We can enhance our self belief and emerge as greater well-rounded as character with the aid of
using strengthening abilities which we already acquire. Working as a venture supervisor would
require which we can adapt fast to alternate and may stay adaptable with inside the workplace.
We’ll emerge as proactive approximately making plans and ought to put in force special techniques
and strategies to satisfy your goals. Project managers expand essential achievement factors,
manipulate conflict, and growth their stakeholder control and engagement abilities. The abilities
which we acquire will make us beneficial to the organization and may make us greater of an asset
with the aid of using attending five superb meetings for HR professionals, HR meetings, Human
assets meetings, Conferences for HR, etc.

Question. 3 [Marks: 05]

Project manager must be generalist rather than a specialist. But team members need to have more
specialized, technical skills. Can a generalist manage a team of specialists effectively? Write your
response in your own words. (One argument should be explained in one paragraph.)

Yes a generalist manages a team of specialists effectively because a generalist is a person who has
extensive trendy expertise and abilities in numerous areas. An assignment control generalist is a
practitioner who's capable of do all the overall duties with inside the location of assignment control.
Project specialists who preference to do extra than simply live on their careers increase ability units
which are extensive, deep and relevant to all projects. These abilities historically consist of tender
abilities, technical abilities and abilities related to difficulty rely expertise. In order to obtain
assignment fulfillment beyond getting it done on time and beneath neat budget, the assignment
control expert needed to be talented three together complementary areas.

The first of those three areas, and possibly the maximum neglected, is interpersonal or smooth
skills. Projects are finished through companies of humans operating collectively and the
relationships many of the people operating on a venture have to be conducive to productiveness and
creativity. No rely how technically conscious or informed a expert is, if he can't relate to his patron
and crew members, not to mention encourage and energize them, the venture will under-perform.

The 2d of those vital competency regions is Project Management technical talents: danger, scope,
procurement, scheduling, budgeting, etc. These talents are fundamental to the overall performance
of trendy challenge control capabilities and assist one earn the credibility wanted to steer challenge
group members, their paintings and decisions. The key to growing the intensity of talents is to
appearance past habitual practices together with finishing templates and start to deal with every
challenge as a completely unique undertaking to fulfill a customer’s need. Project managers who
deal with each challenge the equal danger stagnating as challenge deliverables and the gear used to
create them tackle a normalcy that encourages customers of the deliverable or even their creators to
gloss over the details. The practitioner’s venture to execute those technical talents shifts from
finishing the deliverable to its value, its content material and its usefulness towards reaching
ordinary challenge desires quicker and cheaper. These problems are the end result of challenge
managers’ missing the talents, time or ambition to make deliverables extra significant and
beneficial to challenge groups and customers, which ends up in a decline with inside the pleasant of
deliverables and the self assurance of customers. They all are done by a generalist manager not a
specialist because he has a narrow knowledge about customer dealing.

The 1/3 vital competency vicinity for challenge control experts is difficulty count information. This
way the expertise clients and their commercial enterprise come outside. In order to be acquainted
with challenge needs, the patron’s commercial enterprise context is vital to the generalist who has
to lead despite his loss of authority. This commercial enterprise know-how or difficulty count
information is vital to generalists who discover their shallow authority challenged or maybe
ignored. To pressure transformational change, the cap potential to recognize what your patron is
experiencing and what they need to convert is essential.
The generalist has to be gifted in all 3 complementary competency regions to efficiently manipulate
projects.

My conclusion is that generalist task supervisor places greater emphasis on task control than at the
technical factors of the task. Sometimes generalists have greater trendy task control abilities than
specialists. They don't forget qualification and control understanding to be greater crucial than
technical information.
They have a broader imaginative and prescient of horizontal effect. The complete task review gives
a greater whole expertise of the effect of the task on different offerings or organizational processes.
The greater specialized the task supervisor is, the greater they have a tendency to miss different
regions with a view to be suffering from the task changes.
Generalists discover an extra variety of activity opportunities. If they are not bendy to manipulate
every other kind of task, they may in no way expand different abilities. By usually doing the equal
thing, we grow to be specialists however we lose the capacity to conform and learn. If they
searching out a advertising it`s higher to expand new abilities and information similarly to
experience.

Question. 4 [Marks: 05]

You did a class project during your semester. What lessons have you learnt during your project and
presentation? Write down at least 05 lessons. (One lesson should be explained in one paragraph.)
We learn many lessons in our semester which polishes our presentations and projects skills some
are listed
Below;

1. Accomplish aims faster

Project control is largely the exercise of turning thoughts into reality. Learning how the
professionals plan, budget, prioritize, and execute initiatives will assist us. The equal for our private
and expert life a purpose without a plan can set up for hours, weeks, or maybe months of busy
work. However, in case our method our desires the equal manner a venture supervisor would, we'll
be capable of create actionable steps to reaching your desires at the same time as foreseeing
demanding situations and prioritizing what certainly matters.

2. Improve the quality work

Knowing the way to take a task via to finishing touch will now no longer most effective make for a
much less disturbing experience, however it's going to additionally enhance the first-rate of your
paintings and as a consequence depart you extra satisfied If we’re to spend that much time doing
something, it’s in our best interest to be satisfied with what we do. Project work is hard working
where we learn a lot of techniques and skills it also enhance our work quality.

3) Learn to budget
We can also additionally already recognize approximately the basics of the triple constraint — no
venture may be rapid, reasonably-priced, and good. If something is rapid and reasonably-priced, it's
going to possibly be low in quality. If it’s reasonably-priced and good, it's going to possibly be
sluggish to complete. If something is right and rapid, it's going to possibly be expensive.
We’ll be capable of manipulate your sources better. For example, if something desires to be
completed well, you may realize to agreement the task early on so it may be finished at a slower
tempo for a inexpensive price.

4) Meet more deadlines

Managing one assignment may be complicated enough; however coping with multiple that is in all
likelihood the case can occasionally throw a spanner with inside the works. Learning approximately
the equipment and frameworks the professionals use to strategize their paintings will assist you
offer the maximum price for your tasks and keep away from procrastination.

5) Lead better
Taking a task control route now no longer simplest advantages us, however it additionally has the
cap potential to advantage the humans our lead. We could be higher organized, giving us teammates
a clearer route to success. It might be higher ready to hone in on any roadblocks or dangers and
control them earlier than they snowball. Problems which have snowballed have a tendency to take
time to fix, are costly, or both. Spotting troubles quicker let us preserve those assets to your private
and expert life.

Good Luck