DT022/3 14985 PRFD3111 DT023/3 16739 PRFD3111 DTO31/1 16389 PRFD3111 DUBLIN INSTITUTE OF TECHNOLOGY BOLTON STREET, DUBLIN 1 BACHELOR OF ENGINEERING (HONOURS) IN MECHANICAL AND MANUFACTURING ENGINEERING THIRD YEAR: JANUARY 2009 SEMESTER 1 PROFESSIONAL DEVELOPMENT John Lawlor MSc David Kennedy PhD Robert Simpson MSc ‘Anne Marie McCarrick MSc ‘Arthur Henry Tuesday 20 January 2009, 2.00 p.m. ~ 5.00 p.m. Answer 4 of the following 6 questions, atleast 2 from Section A and at least 1 from Section B. Alll questions carry equal marks. Duration: 3 Hours Given: Normal Table ©2009 pit IP.-1.0.DT022/3 DT023 /3 PRFD3111 Section A Question 1 (a) Compare and contrast Henri Fayol’s description of the manager’s role with that of Henry Mintzberg. Which, in your opinion most closely describes the manager’s job today? (12 marks) (b) Outline four fundamental management skills and identify at which level in the organisation they are most used. (8 marks) () Describe two contemporary management challenges facing managers today. (5 marks) Question 2 (a) Use the equity theory of motivation to explain why an individual earning the going market rate for their particular job might not be motivated. How might you, as this workers manager resolve the situation? (8 marks) () In his article “One More Time: How Do You Motivate Employees?”, Frederick Herzberg distinguishes between maintenance (hygiene) and motivation factors, Give an overview of his. theory, examples of both factors, his proposed solution to motivation in the workplace and give your opinion of his approach. (17 marks) Question 3 (a) Outline Frederick Taylor’s theory of scientific management, noting its advantages and disadvantages. Does this theory have relevance in the workplace today? Explain your answer. (8 marks) (b) Briefly describe what is meant by a learning organisation, and outline one organisation form that could support a leaming organisation. (7 marks) (o) Explain why there is a necessity for corporate governance in an organisation, and outline the obligations of any company wishing to list on the Irish Stock Exchange. (10 marks) © 2009 DIT [P-r.0.DT022/3 DT023 /3 PRED3I11 Question 4 (a) The project charter is one of the outputs of the initiation phase of a project. Briefly note the contents of a project charter and explain why itis an important document in terms of project management. (6 marks) (b) Explain what is meant by the critical path, (3 marks) (c) Using table 4.1 below, draw the network diagram and determine the following: (10 marks) i)Earliest and latest activity times ii) Total float for each act iii) Total project duration iv) Critical path @ For the network diagram above, determine the probability that the project be completed in 35 months or less. (6 marks) Tablet js Time Estimate (months) Ketivity/Task a m 6 sz 7 1 16 T=3 2 T 16 | isa 4 8 es 253 3 10 5 | 7 4 ©2008 Dir IP..0.DT022/3 DT023 /3 PRFD3II1 Section B Question 5 (a) (10 marks) In the context of @ manufacturing company, explain the concepts of product costs and period costs, including notes on cost recognition and payment timing. (b) (15 marks) Discuss the following types of costs: Direct Indirect Variable Fixed Mixed Step Question 6 () (15 marks) Write notes on the following The profit and loss account, including an explanation of the presentation of the costs of goods sold and work in progress (b) (10 marks) ‘The balance sheet, noting its salient features. ©2009 ort IP-T.0,