Project Management
Project Life-cycle:
Due Date: 7th Session
ASSIGNMENT
Select a job (in your company) that fits to the definition of a Project.
Define the Life-cycle of your project with Phases. Avoid the generic Project Management
Phases of Initiating, Planning, Executing, Monitoring & Controlling, and Closing (0
Marks will be awarded for the complete assignment, if this instruction is not followed).
Define the Activities performed in each phase, using for example the following table:
My Project’s Phases
(2 Marks)
Phase 1:
Phase 2:
My Project’s Activities
(2 Marks)
Effort*
(0.5 Mark for each column of
Effort with Max. 1.5 Marks)
1.
2.
3.
1.
2.
3.
40%
60%
* Effort can be represented as factors: % Man-Hours; % Cost etc.; %Creativity; %Customer Interaction. Sum of this column should be
100%. Multiple columns can be inserted i.e. one column for each factor.
Effort
Draw (1 Mark) the Phases versus Effort diagram for your project’s life-cycle as:
Project Life-cycle Phases
Discuss, analyze and criticize the weak areas and strong areas (1 Mark).
Discuss and compare your project’s life-cycle with that of your Competitor or Industry
Standard (1 Mark).
General Guidelines for the Assignment:
• Participants will prepare and submit the assignment individually.
• All assignments should be properly typed and formatted (1.5 Mark).
• Only assignments that are presented in a professional way shall be acceptable.
• Submit in/before 7th Session (only Soft Copy on LMS).
• Place any related document in Appendix.
• No late submissions shall be entertained.
• Assignments shall be assessed for plagiarism also.
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Dr. Rameez Khalid, Faculty, Department of Management, IBA, Karachi