MGT 323 SEU Project Management Case Study

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College of Administration and Finance Sciences Assignment (2) Deadline: Saturday 30/07/2022 @ 23:59 Course Name: Cost Accounting Student’s Name: Course Code: ACCT301 Student’s ID Number: Semester: Summer CRN: Academic Year: 1443 H For Instructor’s Use only Instructor’s Name: Habiba Moabber Students’ Grade: /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. College of Administration and Finance Sciences • All answers 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 Question(s): (Marks 10) Q1. Calculate B.E.P. in units from the following Information: (3 marks) (a) Sales $ 100,000, Variable Cost $, 50,000, Profit $, 20,000, Units Produced= 5000 units (b) Fixed Cost $= 40,000, Selling price $= 80, Variable cost $= 40 Answer: Q2. Prepare Journal Entries from the following information relating to Job Costing. (4 marks) a) The material storeroom receives a shipment of direct and indirect materials that cost $ 12,000. b) Materials are sent to the stamping and assembly areas. The Cost of the direct materials is $ 1,500 and the cost of the indirect materials is $ 900. c) Wages totalling $ 2,000 are accrued; 80 % of these costs are direct labour and 20% are indirect labour. d) Overhead costs are allocated to work in process using an allocation rate of 150% of direct labour costs. e) Job No. 1205, with a total cost of $ 2,500 is completed. f) Job No. 1205 is shipped to the customer, who is billed for $ 5,000. Answer: College of Administration and Finance Sciences Q3. In your own words, discuss how WA and FIFO calculate EUP. Give proper examples. (1.5 marks) Answer: Q4. What are “Transferred-in costs” and Spoilage costs? And how they affect EUP calculations? (1.5 marks) Answer: ‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 2 Project Management (MGT 323) Due Date: 06/08/2022 @ 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-2 students will able to understand the 1. Defining the concepts, theories and approaches of project management. (L.O-1.1) 2. Analyze to work effectively and efficiently as a team member for project related cases. (L.O-3.1) 3. Evaluate to monitor and control the project. (L.O-3.2) Assignment-2: Case Study & Discussion questions Assignment Case study Question: (Marks 9) Please read the Case-8.3 “Tham Luang Cave Rescue.” from Chapter 8 “Scheduling Resources and Costs” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 304-307 also refer to specific concepts you have learned from the chapter to support your answers. Answer the following questions for Part-1, Part-2. Part-1: Case study questions 1. How did the physical environment of the cave affect the rescue plan? Explain in 250 words (3 Marks). 2. How did the rescue team respond to the risks of the project? Explain in 250 words (3 Marks). 3. Some have called the rescue a miracle and that luck was the decisive factor. Do you agree? Explain in 150 words (3 Marks) Part-2: Discussion questions Please read Chapter 8 Pg-No. 279 & 281 carefully and then give your answers on the basis of your understanding. 4. Why would people resist a multi project resource scheduling system? (3 Marks) (200 words) 5. What do you think would have happened if the Washington Forest Service did not assess the impact of resources on their two-year plan? (3 Marks) (200 words). Answers:
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‫المملكة العربية السعودية‬
‫وزارة التعليم‬
‫الجامعة السعودية اإللكترونية‬

Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University

College of Administrative and Financial Sciences

Assignment 2
Project Management (MGT 323)
Due Date: 06/08/2022 @ 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-2 students will able to understand the
1. Defining the concepts, theories and approaches of project management. (L.O-1.1)
2. Analyze to work effectively and efficiently as a team member for project related
cases. (L.O-3.1)
3. Evaluate to monitor and control the project. (L.O-3.2)

Assignment-2: Case Study & Discussion questions
Assignment Case study Question:
(Marks 9)
Please read the Case-8.3 “Tham Luang Cave Rescue.” from Chapter 8
“Scheduling Resources and Costs” given in your textbook – Project
Management: The Managerial Process 8th edition by Larson and Gray page
no: 304-307 also refer to specific concepts you have learned from the
chapter to support your answers. Answer the following questions for Part-1,
Part-2.

Part-1: Case study questions

1. How did the physical environment of the cave affect the

rescue plan? Explain in 250 words (3 Marks).
2. How did the rescue team respond to the risks of the project?

Explain in 250 words (3 Marks).

3. Some have called the rescue a miracle and that luck was the

decisive factor. Do you agree? Explain in 150 words (3
Marks)
Part-2: Discussion questions
Please read Chapter 8 Pg-No. 279 & 281 carefully and then give
your answers on the basis of your understanding.
4. Why would people resist a multi project resource scheduling

system? (3 Marks) (200 words)
5. What do you think would have happened if the Washington

Forest Service did not assess the impact of resources on their
two-year plan? (3 Marks) (200 words).
Answers:

1
“The physical environment of the cave” that has impacted the plans of rescue included
the heavy rainfall that “continued to flood the cave entrance as well as the cave as the
wh...


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