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Case study: Launching of the IFIM B-School Management journal Answer 1: The work done by Dr. M.R. Gopalan is not enough to go ahead with implementationof the journal Launch. The following Gaps should be fill to implement the plan. Gap1: Priceing Mechanism The priceing process of the articals and journal is not researched by the Dr. he should mechanise the priceing process and the mode as well Gap 2: Advertisement One of the most important factor is the advertisement of the journal. Dr. have to research for this questions that. Where to advertise? How to advertise? Where to advertise? to whome advertise? Gap 3: collaboration with excess management Dr. has to determine how to collaborate with excess management like HEC and Loginids Gap 4: Crietaria for publication Which impact level of the articals are to be published in the journal. Gap 5: Printing policy has to be determine Gap:6 Collaboration with other journals Gap 7: Regional publication policy has to be determine
Answer 2: The WBS of journal launch is as follow
Launching of management Journal Content of Journal
Publications
formate of Journal
Budget
construction of editorial board
Resources
supporting staff
title of journal
No. of Articals
No. of Issues per year
cost of development of jurnal
identification of resources
determing the No. of editors
hiring supporting staff
focus of journal
Types of articals
Framework of journal
cost of publication of journal
allocation of resources
Qualification requirement
assigning duties
Book Reviews
decision regarding the size of journal
Pricing of the journal
audit and control
selection of canidates
book size A4 or between
registration of the publication
finalizing their duties
Answer 3: To develop the Network diagram we have to first identify the major activities from WBS the estimate their time required and construct PERT chart. Code
Activities
Estimated time(days) optimistic
Time Required
most Likely
Pessimistic
(O+4M+P)/6
A
Content of Journal
15
20
25
20
B
format of Journal
25
35
45
35
C
Publications
90
100
120
101.6666667
D
Budget
20
25
30
25
E
Resources
45
50
60
50.83333333
F
Editorial Board
25
30
40
30.83333333
G
Supporting staff
25
30
40
30.83333333
Answer 3: To develop the Network diagram we have to first identify the major activities from WBS the estimate their time required and construct PERT chart. Code
Activities
Estimated time(days) optimistic
Time Required
most Likely
Pessimistic
(O+4M+P)/6
A
Content of Journal
15
20
25
20
B
format of Journal
25
35
45
35
C
Publications
90
100
120
101.6666667
D
Budget
20
25
30
25
E
Resources
45
50
60
50.83333333
F
Editorial Board
25
30
40
30.83333333
G
Supporting staff
25
30
40
30.83333333
H
Registration of journal
10
15
20
15
Code
Activities
Time duration
Predecessors
A
Content of Journal
20
None
B
format of Journal
35
A
C
Publications
101.6666667 = 102
A
D
Budget
25
B,C
E
Resources
50.83333333 = 51
D
F
Editorial Board
30.83333333 = 31
E
G
Supporting staff
30.83333333 = 31
E
H
Registration of journal
15
F,G
Developing Network diagram using activities on node pert chart
Es Early start ES= Slack EF
LS
Activity LF
EF= Early Finish LS = Late start LF = Late finish Slack = the difference between EF and EF Activity path Critical Path
198 20
198
87 0
67
F
B 229
55
0 0
122
20
0
A
0
147
20
20 0
229
122
122 D
147 0
147
198
0
E
244
198
20
198
C
122
229
147
0 122
229
198 G 229
Critical path is A, C, D, E, G, H. as after drawing the project network diagram we came to conclusion that the estimated time to complete the project will be 244 days from day of start which means it will take eight months to complete the time given by the EC is from June to December which is 7 months so the project will be delayed by a month.
Answer 4: The link between the WBS and Network Activities is established in table below
Code
Activities
A
Content of Journal
B
Predecessors
Relation
None
Start to finish
format of Journal
A
Finish to finish
C
Publications
A
Combination
D
Budget
B,C
Finish to finish
E
Resources
D
Combination
F
Editorial Board
E
Start to finish
G
Supporting staff
E
Finish to finish
229 H 244
Answer 4: The link between the WBS and Network Activities is established in table below
Code
Activities
A
Content of Journal
B
Predecessors
Relation
None
Start to finish
format of Journal
A
Finish to finish
C
Publications
A
Combination
D
Budget
B,C
Finish to finish
E
Resources
D
Combination
F
Editorial Board
E
Start to finish
G
Supporting staff
E
Finish to finish
H
Registration of journal
F,G
Finish to finish
Answer 5: No the current organization system is hierarchy based and the board of EC has no sufficient knowledge or expertise to carry out such project. So IFIM B-School should adopt matrix form of structure. In which the expertise of different persons from different department are temporarily hired or out sourced for particularly this project. Some reasons are given as under to illustrate why this setup is not fit for this project Central
decision making creating slag or delay in implementing project Too many persons involved in decision making Authorities are not delegated Not have enough expertise in making such project Unavailability of staff for this project as mentioned by Dr. M. R. Gopalan
