pT022/3 14985 PRFD3111 DT023 3 16739 PRFD3111 DT031/1 16389 PRFD3111 DUBLIN INSTITUTE OF TECHNOLOGY BOLTON STREET, DUBLIN 1 BACHELOR OF ENGINEERING (HONOURS) IN MECHANICAL AND MANUFACTURING ENGINEERING THIRD YEAR: JANUARY 2010 SEMESTER 1 PROFESSIONAL DEVELOPMENT John Lawlor MSc, Robert SimpsonMSe ‘Anne Marie MeCarrick MSe ‘Arthur Henry Tuesday 19th January 2010, 9.30am - 12. 30pm Answer 4 ofthe following 6 questions, atleast 2 from Section A and at least | from Section B. All questions carry equal marks. Given: Normal Table mor [P.r.0.p1022/3 14985 PRFD3111 1023 /3 16739 PRFD3111 DTO31 /1 16389 PRFD3111 Section A Question | (a) Henry Mintzberg disagrees with the classical view of the role of managers. Outline his alternative description of the role of the manager, and give your opinion of his view. (15 marks) (b) ‘Compare and contrast three theories of Leadership, giving your opinion of which most closely relates to the reality in the workplace. (10 marks) Question 2 (a) Describe what is meant by corporate governance, and outline the standards to which companies wishing to list on the Irish Stock Exchange must comply. (11 marks) ) “Corporate Governance regimes worldwide are subject to considerable scrutiny against the background of global financial crisis. From this scrutiny will undoubtedly come change”. (Flannery, 2009) Outline Avo recent developments in Corporate Governance practices in Ireland. (14 marks) Question 3 (a) Describe, using examples, what is meant by Job Specialisation, identifying it’s advantages and disadvantages, Outline vo alternatives to Job Specialisation, pointing out the advantages and disadvantages of each, (9 marks) (b) Each organisation design is appropriate for some firms but not for others. Describe ‘wo types of organisation design and the characteristics that firms using this type of organisation design should have. (10 marks) (c) ‘The ever changing environment in which many firms operate today has necessitated the introduction of several less rigid, more flexible forms of organisation design. Briefly outline ‘two emerging/new forms of organisation design. (6 marks) ©2010p1r P-r.0.D1022/3 14985 PRFD3111 D1023 /3 16739 PRFD3111 DT031/1 16389 PRFD3111 Question 4 (a) Outline the different phases in a Project Lifecycle. Explain the purpose and contents of the Project Charter and indicate in which phase of the project it would be completed. (8 marks) ) A contractor has undertaken a project for a client. ‘The project includes installing a ‘maintenance facility, with a connecting electrical generator and water tank. The tasks involved are outlined in table 4.1 below. Using table 4.1, draw the network diagram and determine the following: (7 marks) ‘Total project duration ii) Critical path () If the contractor completes the project in 28 weeks or less, he will qualify for a bonus of €5000. What is the probability that the contractor will receive this bonus? (10 marks) Table 4.1 Time Estimate (weeks) l Activity/Task |Description a | om b 1>2 Excavaie S 8 17 133 Erect building |7 10 3 253 Install 3 3 7 generator 234 Tstall tank i 3 5 34 Install 4 6 8 maintenance | equipment Connect 3 3 3 generator and tank to building i a5 Check outthe | 3 4 3 facility - o2o10pIr IP.T.0.pT022/3 14985 PRFD3111 DT023 /3 16739 PRFD3111 DTO31 /1 16389 PRFD3111 Section B Question 5 (@) Discuss the concepts of variable, fixed, mixed, step, direct and indirect costs in the context of a value generating organisation, giving examples of each and explaining the motivation behind such cost analysis. (12 Marks) (o) Discuss the relative merits of the two main cost estimation techniques, i.e. engineering and historical techniques, and explain the circumstances in which each of the cost methods would be used, (13 marks) Question 6 (@) Differentiate between the fimetional and contribution reporting format, giving examples of idicating why and in what circumstances one method may be preferable over the (b) In the context of a value creating organisation, explain the concept of overhead, indicating how its relative importance may be changing in modem manufacturing industry, and commenting on the concept of activity bases. (13 marks) ©2000r Pro.