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
Student’s Name: Name:
Course Name: Project Management
Course Code: 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.
, 1.
The major problem for HGC is asset management and the absence of a strategy to
deliver the business goals. The long-term objectives and goals are well defined, but the
company lacks a plan to accomplish them. Top managers have failed to adjust their
thinking and strategy to fit the new business needs, including increased project budgets.
As the business grows, asset management needs to be adapted to ensure that they
meet the demands of the different departments in the organization.
Another problem is the lack of proper project management and supervision, which have
resulted in wrong budget projections and inaccurate timelines. The business needs close
supervision of the projects to ensure that only those that meet the criteria for proper
project management get approved. The employees in the company require training in
project management to ensure that the projects meet their deadlines and that their
budgeting is accurate.
The employees seem to compete with one another, and there is a need to ensure that
the company fosters teamwork and celebrates group success other than encouraging
individual success. The projects should be allocated to several people to ensure that
collaborative efforts are put into completing the projects to enhance performance.
Unity and collaborative efforts should be fostered in the business now that it plans to
bring in 15 more employees. Creating a healthy working environment will result in
employees' loyalty to the business, and the company will no longer have to worry about
losing its best talents to its competitors.
2.
I. Failure of the projects to meet the set deadlines