Integrated Management Stage-4

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    INSTITUTE OF COST AND MANAGEMENT ACCOUNTANTS OF PAKISTAN

    INTEGRATED MANAGEMENT (STAGE-4)

    INSTITUTE OF COST AND MANAGEMENT

    ACCOUNTANTS OF PAKISTAN

    VISION

    To be the Preference in Value Optimization for Business.

    MISSION STATEMENT

    To develop strategic leaders through imparting quality education and training inManagement Accounting, to continually set and upgrade professional standards and to

    conduct research, bringing value-addition to the economy.

    Assignment Questions (Spring-2011 Session)

    Integrated Management

    Stage 4INSTRUCTIONS:

    1. A student who takes admission in Correspondence Course shall be required to complete allassignments of his respective group subjects within the same session, i.e. May Novemberor November May, he/she is enrolled. If he/she fails to complete 100% assignments withinthat session, he/she shall be required to re-enrol himself/herself in the next session aftermaking payment of 100% correspondence course fee.

    2. Each assignment is allocated a total of 100 marks.

    3. The student must obtain 50% marks in each assignment and if he fails to obtain the saidpercentage of marks, he/she has to re-write and resubmit the assignment within one week,otherwise he/she will not be eligible to appear in the examination.

    4. 100% assignments of all subjects must be submitted in the session in which the examinationis to be taken. The last date for submission of 100% assignments for May Examination is 20thMarch and for November Examination is 20th September. Those students who are notappearing in the particular examination may, however, submit the assignments latest by 15thMay and 15th November.

    5. You are required to pay Annual Subscription of Rs.700/- during July December each yearto avoid payment of Restoration Fee of Rs.1500/-.

    6. Examination Fee is payable during March 1 20 for May Examination and September 1 20for November Examination. Examination forms can be collected from any ICMAP Centre.

    7. Assignments would not be accepted after due date.

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    INSTITUTE OF COST AND MANAGEMENT ACCOUNTANTS OF PAKISTAN

    INTEGRATED MANAGEMENT (STAGE-4)

    Q. 3. What is Project Management Office, and what are its functions and role in project management?

    Q. 4. Who are Project Stakeholders and how do they influence on the execution and completion of aproject.

    ASSIGNMENT NO. 5

    Q. 1. What are the stages involved in project life cycle? Which activities will be carried out at eachstage?

    Q. 2. What is meant by project management plan? What are its essential elements?

    Q. 3. Discuss the areas, which should be assessed during the feasibility study of a project.

    Q. 4. Discuss the SWOT analysis in the context of strategic management.

    ASSIGNMENT NO. 6

    Q. 1.(a) What are the advantages of using Project Management Software?(b) Describe the framework for project management with special reference to Maylors 7s Model?

    Q. 2.(a) What areas of performance a project team must emphasize upon to enhance its capabilities.(b) Do you think that conflict (difference of opinion) within a project team has positive effect? Give

    you views?

    Q. 3.(a) Discuss with example what is Work Breakdown Structure (WBS)? How does WBS difference

    from the project network?

    (b) Why is critical Path / Network analysis criticized? Describe any four reasons.

    Q. 4. Describe the major components of risk management process.

    ASSIGNMENT NO. 7

    Q. 1.(a) What do we mean by informal organizational structure? Why is it important?(b) Under what conditions would a matrix structure be most suitable? What are its advantages

    and disadvantages?

    Q. 2. What do you understand by leadership? Discuss Fiedlers contingency model of leadershipeffectiveness?

    Q. 3. What are the basic differences between systematic and informal appraisal? What are the fourbasic appraisal approaches?

    Q. 4. What is the difference between training and development?

    ASSIGNMENT NO. 8

    Q. 1. Discuss the levels of management and types of skill required by different levels of managementexplain with the help of diagram.

    Q. 2. What are the basis of power? Give one example of a managers exercise of each type of power?

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    INSTITUTE OF COST AND MANAGEMENT ACCOUNTANTS OF PAKISTAN

    INTEGRATED MANAGEMENT (STAGE-4)

    Q. 3. What are the two major views of authority? How do you think each view would affect a managersattitude and behavior towards employees?

    Q. 4. What is the difference between line positions and staff positions?

    ASSIGNMENT NO. 9

    Q. 1. Do you agree with the assertion that Political behavior is inevitable in organizational settings?Justify you answer.

    Q. 2. How many basic external stakeholders are? Discuss each in detail?

    Q. 3. Discuss the composition of different layers of external environment?

    Q. 4.(a) Define a team. What are two basic approaches to the organization of teamwork?

    (b) Identify and explain the four stages of development of the team as identified by the Tuckman.

    ASSIGNMENT NO. 10

    Q. 1. What are the hierarchies of strategic and operational plans at a multi business organization?Explain with the help of the flow chart.

    Q. 2. What are the ways that competitive advantage can be gained at the corporate level.

    Q. 3. What is project management process, and what are project management process groups requiredfor any project.

    Q. 4.(a) How do control systems reinforce strategy?(b) How corporate portfolio is approached? What role does Boston Consulting Group (BCG)

    matrix play in designing the corporate portfolio?

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