Case Scenario:

You are working as a Project Manager for an IT Consultancy Firm in Pakistan. Your company was established Six years ago and has expertise in developing Cloud based ERP Solutions and Mobile Applications on Android and IOS platform for national and International clients. In a very short time, your company has established a number of good clientele and is doing good in terms of Return on Investment (ROI). The company has hired you as a Project Manager for successful project deliveries. Despite of the current pandemic situation, in January, 2021, the Sales team had managed to bring in four projects from different companies/organizations.

• Company A is state owned Oil and Drilling Company and wants to develop a Mobile based Project Management Application for its Project Management team that will work on both Android and IOS. The timelines are critical as they want to use this application in one of the project starting from April 2021.

• Company B is basically a WHO funded organization (NGO) wanted to setup distant learning program to increase literacy in remote areas of the country. They are looking forward to implement a complete Distant Learning Education Platform with online enrollment, teaching and examination system. This project needs to be completed within 8 months.

• Company C is a multinational Retail Chain and wanted to open three large Retail outlets in different areas of Karachi. They want to completely automate the entire retail operations and need a Retail Management System for their Inventory, Point of Sales and other stores related operations. They have funds available with them and money is not a problem for them. They want Quality of Work and they are giving your company a reasonable time period of 6 months.

• Company D is a private Brokerage house and works with Stock Exchange, Central Depository Company and National Clearing and Settlement Company, with State bank of Pakistan and Security Exchange Commission of Pakistan (SECP) as Regulatory bodies. They need to develop a Back Office System that is to be interlinked with all the above mentioned 5 organizations and for this project, Information Security and other Cyber Security Controls are the most important feature. Though your company (Software house) where you worked do not have Information security specialist with them, but eager to take up the project to penetrate in this financial Market. The project is of 10 months timelines.

Qs. 01 Qs. 04 are based on the above mentioned case scenario.

Question No. 01. [8 Marks]

Using a Weighted Scoring Model technique, identify which two projects, you will undertake. You have to first generate 4 to 5 criteria for example Short Timed, Scope-size, Good Return on Investment (ROI), Complexity of project, New Challenges etc. You can also develop your own criteria too.

Question No. 02. [8 Marks]

If you are working on the project for Company B, then please write at least 6 major Risk factors, you can foresee, that may arise during the execution of the project. You are also required to recommend the risk mitigation (risk control) steps against each risk.

Question No. 03. [8 Marks]

If you have selected the project of Customer C, i.e. development of Retail Management System, what could be the possible Scope Document that you would generate. The Scope document must contain the following sections (Use bullet points wherever necessary and avoid long paragraphs)

1. Project Objectives 2. In-Scope activities 3. Out of Scope activities

4. Project Deliverables

Question No. 04. [8 Marks]

As in the scenario, Company D is a brokerage house that has a requirement of developing a Back Office System to be linked with three other organizations. This Back-office Implementation project requires 6 months to complete including all types of User Testing. The total budgeted cost of the project is PKR 4.5 Million. At the end of 4th month, it was observed that only 43 percent of the project has been completed. The total expenses incurred to date is PKR 2.8 Million.

1. Find Budget at Completion (BAC), Actual Cost(AC), Planned Value (PV) and Earned Value (EV).
2. Calculate the Project Health by finding values of Schedule Variance (SV), Schedule Performance Index (SPI), Cost Variance (CV) and Cost Performance Index (CPI). What these value shows?
3. If the project continues at the current pace, what will be the true cost of the Project or Estimate at completion of the project