Case Study
SECOND SEMESTER 2018-19
ASSIGNMENT-1
Course:
MGT323
Student name:
Academic Year
1439-1440 H
Students number:
Semester:
2nd
student grade:
Section:
CRN:
Level of the Mark:
Instructions for Assignment
Due date for Submission
End of Week 7
Maximum Marks:
05
Submission Mode
through blackboard
Submission method
Only WORD DOCUMENT
PDF not accepted
Assignment Regulations:
· This assignment is an individual assignment.
· All students are encouraged to use their own word.
· Student must apply Harvard Referencing Style within their reports.
· A mark of zero will be given for any submission that includes copying from other resource without referencing it
Project Management
ASSIGNMENT -1
Case study: (5 Marks)
Sahara Heat Exchangers Ltd. is into building quality industrial boilers since 1984. By 2000, it was the second largest boiler manufacturer in UAE. The company had 750 employees on rolls.
During the 1990s, the company's profits increased significantly. The success of the company was attributed to its single product line (boilers) with standardized design. During this time, the company concentrated on improving its existing model rather than developing new models or new products. By the late 1980s, the company gained expertise in manufacturing boilers. The company was able to build and deliver advanced boilers to its clients within their budget and on time. Overwhelmed by their own expertise in building boilers, the company was extremely complacent and felt that this successful trend would continue. However, the company's financial statements in 2011 showed decreasing profits due to the sharp decline in orders for boilers. Problems began when the company's clients began demanding boilers as per their specifications.
Although the company had the technical expertise to build boilers according to customer specifications, it incurred losses due to cost and schedule overruns. These losses were mainly due to the management's inability to plan and estimate the costs of manufacturing boilers according to the new designs given by the clients.
This made the company search for alternate ways of managing its projects. At a quarterly review meeting, the company's CEO, William Guts said, "We can no longer manage the activities in the company using traditional management practices. It is high time we consider every client's order as a separate project." He also commented that, "Managers should understand that managing projects require a completely new set of tools and skills. The need of the hour is project management." But, the senior managers who were with the company from its inception felt otherwise. Richard Harry, one of the senior managers, felt that there was no difference between a project and a process. He said that the functional approach used to manage processes, which had proved effective for 20 years, would be good enough to handle the new projects also.
Questions:
1. “Once a pioneer in its field of business and now struggling to survive the competition”. What according to you went wrong with company?
2. Do you agree with the CEO or the Senior Management? Elaborate your views and opinions to support your answer?
3. Should the company practice the same old procedure or adapt new ones? Support your statement.
Note: There is no definite or correct answer as it is completely depends on individuals view and decisions.
MGT
323
:
Project
Management
SECOND
SEMESTER 2018
-
19
ASSIGNMENT
-
1
Instructions for Assignment
Due date for Submission
E
nd of Week 7
Maximum Marks:
05
S
ubmission
Mode
through
blackboard
S
ubmission method
Only
WORD DOCUMENT
PDF not accepted
Assignment Regulations:
·
This assignment is an individual
assignment.
·
All
students are encouraged to use their own
word.
·
Student must apply Harvard Referencing Style within their
reports.
·
A mark of zero will be given for any submission that includes
copying from
other
resource without referencing
it
Course:
MGT
323
Student name:
Academic Year
143
9
-
14
40
H
Students number:
Semester:
2
nd
student grade:
Section:
CRN: