MGT3050 Decision Science Problem-based Learning: Team Project Project Brief

OBJECTIVE:

Marks: 20%

To develop critical thinking To develop the ability to apply acquired knowledge of quantitative analysis to real business problems To develop team working skills To enhance report writing skills Form a group of 5 students Select a set or sets of relevant data from published sources of any organizations such as government agencies, statistic departments etc locally or internationally. (You can use the websites of the respective organizations to secure the data) Process the raw data into meaningful information to support business decisions, and give recommendations, by applying anyone or a combination of the topics covered in class, such as: a. Decision Analysis b. Forecasting Methods c. Project Scheduling d. Linear Programming e. Transportation and Assignments f. Inventory Management Prepare a comprehensive report.

REQUIRED:
I. II.

III.

IV.

Report Writing:
Format of report: o Cover page (Project title, names of team members & matric numbers, class section and kulliyyah). o Executive Summary o Content Page o Introduction o Business Problem o Assumptions o Analysis: Method of analysis (application of the relevant topics learned in class, such as Decision Analysis, Forecasting models, Project Management, Linear Programming, Transportation and Assignment, or Inventory models) o Incorporating Islamic Values and Perspectives o Recommendations o Conclusions o Appendix: Attach the relevant raw data in the appendix
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A short reflective essay on the learning experience from this project (1 2 pages) Consistent page alignment, margins, font: Times New Roman, font size: 12pt, appropriate heading, page number;

Assessment
Report Assessment Rubric for criteria and standards for report grading
REPORT Skill/Knowledge Objective Executive summary Structure of report to aid comprehension Flow of report (links between sections) Highlight key points (in each section as well as overall) Clarity of expression Overall presentation of report (e.g. layout, legibility etc) USE OF IT Skill/Knowledge Objective Use of appropriate software to prepare report. Consistent formatting of the report (same font, same size, diagrams not across pages and so forth). Use of spell & grammar checker. Use of internet/library to access data sources (both those stated as well as additional sources). Use of relevant software (e.g. Excel, other tools) to analyse data. Generation of graphs, with appropriate axis etc. Transfer of data between Windows applications. Transfer of data / pictures etc from Internet into Word or Excel CONTENT Skill/Knowledge Objective Followed briefing document specifications for project Quality of research into case Demonstration of understanding and application of the relevant topics covered in class Ability to use evidence and analysis to support business viability and decisions Evidence of reflective thought Application of Islamic perspectives in analysis Use of appropriate graphical techniques and summary statistics to summarise and interpret results. REFLECTIONS Skill/Knowledge Objective Participated in team management (e.g. planning, leading, task sharing etc) Aware of roles within team and how these roles were adapted by team members Effectiveness of communication with team members in and between meetings Aware of planning process and scheduling of tasks Comparison of actual against those planned Learning points those things that would be done differently in future
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