Business Finance – Management assignment

Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University

المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية الإلكترونية

College of Administrative and Financial Sciences
Assignment 1
Project Management (MGT323)
Deadline:09/03/2024 @ 23:59

Course Name: Project Management

Student’s Name:

Course Code: MGT323

Student’s ID Number:

Semester: II

CRN: 23831

Academic Year:2023-24, II Term

For Instructor’s Use only

Instructor’s Name: Dr. Samreen Akhtar

Students’ Grade:
Marks Obtained/Out of 10

Level of Marks: High/Middle/Low

Instructions – PLEASE READ THEM CAREFULLY
· The Assignment must be submitted on Blackboard ( WORD format only) via allocated folder.
· Assignments submitted through email will not be accepted.
· Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
· Students must mention question number clearly in their answer.
· Late submission will NOT be accepted.
· Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. Peer-review Journals should be included in References.
· All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
· Submissions without this cover page will NOT be accepted.
Assignment Workload:
· This Assignment comprise of a Case Study.
· Assignment is to be submitted by each student individually.
Assignment Purposes/Learning Outcomes:
After completion of Assignment-1 students will able to understand the
1. Defining the concepts, theories and approaches of project management. (L.O-1.1)
2. Recognize the steps of planning process in the project management. (L.O-1.2)
3. Estimate the project budget and cost control. (L.O-2.2)
4. Analyze to work effectively and efficiently as a team member for project related cases. (L.O-3.1)
Assignment-1-Case Study
Assignment Question: (Marks 10)
Please read the Case-4.2 “ The Home Improvement Project.” from Chapter 4 “Defining the Project” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 132 also refer to specific concepts you have learned from the chapter to support your answers. Answer the following questions with 500 Words limit.

1. What factors and forces contributed to scope creep in this case? (3 Marks)
2. Is this an example of good or bad scope creep? Explain. (3 Marks)
3. How could scope creep have been better managed by the Nelsons? (4 Marks)
Answers:
1.
2.
3.

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