COLLEGE OF BANKING AND FINANCIAL STUDIES
DEPARTMENT OF UNDERGRADUATE STUDIES
BSc. Accounting Auditing and Finance/BBA
Individual Assignment 3 Brief- Weightage: 20%
Student Name
Semester 5 Year Spring 2019-20
Assignment Title
Project Scheduling, Tracking and Quality
Module Project Management Assessor: Mirza Jamal (Jamal@cbfs.edu.om)
/ Priya Gopal
(priya@cbfs.edu.om)
Start Date: May 3, 2020 IV Dr. Chintan Anilbhi Joshi
chintan@cbfs.edu.om
Due Date: May 17, 2020 Submission Date
Required Work, Format and Grading
You must submit the following by the assignment due date:
Total Marks for this assignment are 50
Weightage of this assignment is 50%
Assignments without TURNITIN report will not be accepted.
Resources
Time and cost scheduling packages
Documentation and procurement control packages
Spreadsheet packages
Graphic presentation packages.
Guidelines and further information about assignment:
Assignment must be submitted with the “Turnitin” report. If the report generated indicates a similarity
index percentage of 20% or more, a review of your assignment is necessary to ensure the same is
reduced to less than 20%.
Student declaration:
I certify that the work contained in this assignment was researched and prepared by me:
Signature: ___________________________ Date: ___________________
Grades given are subject to the final verification. No grades are Final
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PM Assignment 3 Spring 2019-20
The user ID and Password for submitting the soft copy of the report through TURNITIN is
as follows:
Class ID: Enrolment Password:
Submission time and date
You should submit the assignment asper the time and date mentioned above. Fill in the covering form of
your assignment. Make sure that all the relevant details are included. You may include diagrams, figures
etc without word penalty.
Plagiarism in Writing
Summary
1. Plagiarism occurs if you use somebody else’s work in an assignment or exam answer, but fail to
state where you got the material from. You need to be also very careful about the amount of words you
are using from somebody else’s work.
2. It can happen in any type of assessment where you are given the questions or tasks in advance.
3. If another student uses your work in his/her answer(s), both you and he/she will be punished
when caught.
4. Punishments for committing plagiarism can be very severe.
Details
Plagiarism is a form of cheating in which students use the work of others and present it as their own. It
may include all or any one of the following –
1. Copy extensively from the work of others (from sources such as books, magazines, journal, web-sites etc)
and submit the work as your own.
2. Copy another students’ work and submit it for assessment under your own name.
3. Allow another student to copy your work and then submit it for assessment under their own name.
What happens if you get caught?
The examining body of CBFS may punish offending students in any manner that they deem fit. Typical
punishments may range from reduction in grades, making students re-sit modules and even failing
students on a module or an entire award. The college considers this form of cheating as a serious offence.
Therefore be forewarned!
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PM Assignment 3 Spring 2019-20
Assignment 3 Questions
Q1. Fill the following table with 15 tasks, predecessors and duration from tasks F of your assignment
2 and consider the table for answering the questions below:
Task/Activity Task/Activity Name Duration Predecessor
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
a) Draw Gantt chart to represent schedule of your project (only limited to the 15 tasks). (4)
b) Draw Labeled Network Diagram and high light critical path. (10)
c) Calculate total duration. (1)
d) Make a list of all Critical Activities (2)
e) Make a list of all Non-Critical Activities (2)
f) Find Total Float/ Slack for Each Activity. (2)
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PM Assignment 3 Spring 2019-20
Q2. Fill the following table with first 8 tasks with predecessors and estimated Cost of your project to
answer the question given below the table:
Task Task/Activity Duration Predecessor Estimated Cost
/Activity Name
A 2
B 1
C 2
D 2
E 1
F 4
G 2
H 2
Note: Do not change Duration given in the table
a. Fill the Progress Report (1)
The project started on April 26, 2020 and you received the following progress report at the end of
April 29,2020:
Activity A is Completed 100%, and the cost incurred is 10% more than the estimated
cost.
Activity A Cost incurred= …………………..
Activity B is Completed 100%, and the cost incurred is 2 % less than the estimated cost.
Activity B Cost incurred= …………………..
Activity C is completed 25% and the cost incurred is 40% of the estimated cost
Activity C Cost incurred= …………………..
b. Calculate Budget at completion (BAC) (1)
c. Draw Gantt chart for the above-mentioned activities, also show percent complete ,estimated
cost, cost incurred values as per the progress report (5)
d. Calculate Planned Value (PV), Earned Value (EV) and Actual Cost (AC) by considering the
progress report. (3)
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PM Assignment 3 Spring 2019-20
e. Calculate Schedule Variance (SV) and Cost Variance (CV) and discuss the results with regard
to tracking your finances as your project progresses: (3)
f. Calculate the following indexes and discuss how they can help in monitoring performance:
(3)
i. Schedule Performance Index(SPI)
ii. Cost Performance Index CPI
g. Calculate the Estimated total Cost at completion (EAC) and discuss the result. (3)
h. Draw cost/schedule graph showing PV, EV, AC, SV, CV, EAC and BAC based on the above-
mentioned calculation. (5)
Q3. Discuss, how would you manage quality in your project. (150-200 words) (5)
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PM Assignment 3 Spring 2019-20
