‫المملكة العربية السعودية‬

Kingdom of Saudi Arabia ‫وزارة التعليم‬

Ministry of Education ‫الجامعة السعودية اإللكترونية‬
Saudi Electronic University

College of Administrative and Financial Sciences

Assignment 1
Project Management (MGT 323)
Due Date: 16/07/2022 @ 23:59

Course Name: Project Management Student’s Name:

Course Code: MGT323 Student’s ID Number:
Semester: Summer Semester CRN:
Academic Year:2021-22

For Instructor’s Use only

Instructor’s Name:
Students’ Grade: /15 Level of Marks: High/Middle/Low

General 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. Peer-Reviewed Journals are required as
references.
 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.
 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.
 Do not make any changes in the cover page.
Assignment Workload:
 This Assignment comprise of a Case Study and Discussion Questions.
 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. Estimate the project budget and cost control. (L.O-2.2)
3. Analyze to work effectively and efficiently as a team member for
project related cases.
(L.O-3.1)
Assignment-1

Assignment Case Study Question:

( Marks 9)

Please read the Case-2.1 “Hector Gaming Company.” from Chapter 2

“Organization strategy and Project Selection” given in your textbook – Project
Management: The Managerial Process 8th edition by Larson and Gray page
no: 61 also refer to specific concepts you have learned from the chapter to
support your answers. Answer the following questions with 500 Words
limit.

Peters has hired you as a consultant. She has suggested the

following format for your consulting contract. You are free to use
another format if it will improve the effectiveness of the consulting
engagement.

Provide a detailed action plan that attacks the problem. Be specific

and provide examples that relate to HGC.

1. What is our major problem? (3 Marks)

2. Identify some symptoms of the problem. (3 Marks)
3. What is the major cause of the problem? (3 Marks)

Discussion Question: (6 Marks)

4. What impact will artificial intelligence (AI) have on the field of
project management? (3 Marks) Refer Chapter-2

5. How are projects linked to the strategic plan? (3 Marks) Refer

Chapter-2

Answers:
1.
The issue facing Hector Gaming Company is a deficiency of sound strategic

planning. The latter is crucial to a business since it gives direction and instructions for

achieving organisational objectives. It is essential for tracking development and making

adjustments as time goes on. A solid strategic plan outlines approaches to carry out the

organization's objective; Because HGC lacks this, its senior executives are unsure on how

they would proceed to accomplish their objectives. Due to a poor strategic plan, project

managers feel their tasks are more essential than they really are, which allows other

businesses to take advantage. An effective strategy guarantees that workers work

effectively together to enhance and innovate the business. Peters is unable to effectively

convey HGC's objective and plans for realising its vision, which prevents him from

making the necessary changes and choices. (Larson & Gray, 2020). She neglects to alter

the organization's strategic planning procedure, which ultimately results in greater

damage. In order to maintain the support of each project manager and resolve the

resource issue at HGC, Peter also fails to show how each project advances its purpose.

2.
They are different signs that HGC has an issue, such as producing just 25% RoI

after a significant capital infusion. This demonstrates a lack of effective planning, as seen

by the capital's use and management, which resulted in a decrease from the prior two-

year average return of 80%. Conflicts develop as a result of HGC consistently using a

weak strategic plan that does not specify how it will carry out its objectives. An good

strategic plan enables changes to any action or procedure that is recognised as not

advancing objectives. Poor planning leads to a lack of cooperation and the prioritisation

of initiatives that are advantageous to the business. Conflicts over resources show a lack

of project prioritisation as a consequence of a bad strategic strategy. Projects that lack

sufficient strategic planning miss deadlines and go over budget (Larson & Gray, 2020).

3.
Strategic management is the root of the problem. Being the creator of HGC, Sally

Peters knew exactly what she intended to accomplish and how to go about it. Sally and

her top executive fail to meet and discuss how they expect to reach their intermediate and

long-term objectives by failing to evaluate where the firm is at as a whole. Sally would

have been required to convey the HGC mission and urge everyone to strive toward it

during executive meetings. If HCG had a plan for how each project would utilise the

resources at its disposal, there would not have been a resource dispute. Responding to the

internal and external environment is part of strategic management. Using the same
McKinley-developed strategy plan, HCG was unable to adjust to internal forces and

failed to accomplish its purpose. Strategic planning connects missions

4.
Cost Reduction: A sophisticated Artificial Intelligent-powered program me is used to do

this. The potential savings that result from using artificial intelligence properly

considerably surpass its cost. Many repetitive processes may be automated and

streamlined using artificial intelligence, freeing up team members and project managers

to concentrate on the project's more difficult duties. In this instance, it lowers the cost of

labor while raising the quality of the job. Cost savings seem to be the primary driver of

artificial intelligence adoption in general. Automation and cost reduction integration are,

without a doubt, the foundations of artificial intelligence.

5.
A company's market success is determined by its business strategy. The actions you will

take to realize the corporate plan are referred to as business level strategy. To guarantee

that the business (business level strategy) can realistically fulfil the plan and objectives of

the corporate strategy, business level strategy and corporate level strategy must

collaborate. Corporate strategy is tied to business level strategy, which is linked to

functional strategy (departments and initiatives). Market circumstances and a clear plan

for how your present business may advance and outperform/dominate competitors are

connected to corporate strategy.

References :
Larson, E., & Gray, C. (2020). Project management: The managerial process (8th ed.).

McGraw-Hill Companies.

Phillips, Joseph (2004). PMP Project Management Professional Study Guide.

p. 354. ISBN 0072230622.

Stevens, Martin (2002). Project Management Pathways. p. xxii. ISBN 190349401X.

Saladis, F. P. (2006). "Bringing the PMBOK® guide to life". PMI® Global Congress.

Seattle, WA: Project Management Institute.