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PRP 3204 Project Paper. By ACADEMIC DEPARTMENT July 2013. Objectives & Learning Outcomes. To enable students to undertake a relatively major research work related to the course. To enable students to write the research work in an effective manner.
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PRP 3204Project Paper By ACADEMIC DEPARTMENT July 2013
Objectives & Learning Outcomes • To enable students to undertake a relatively major research work related to the course. • To enable students to write the research work in an effective manner. • To provide problem solving skill to students. • To enable students to make the peak presentation befitting the diploma qualification they are going to gain. • To enable students have a holistic view of the overall management and operations functions of the organizations and provide future working tools for work success.
Format • Individual work • Scores • Attendance 5% • Report 55% • Presentation 40% • Total 100% • Those who don't meet the 80% attendance rule will not be allowed to do a presentation and hence considered incomplete. • The deadlines for the chapters:- • 19th July 2013 - 1st Draft • 2nd Aug 2013 - 2nd Draft • 16th Aug 2013 – 3rd Draft • 6th Sept 2013 - 4th Draft • 20th Sept 2013 – 5th Draft • 4th Oct 2013 – Final Report (To be evaluated by Capt. Manan) • 4th Nov 2013 – Hard Cover Binding Report
Format • If you fail to submit any of the drafts, you shall not be allowed to do your presentation and fail your PRP entirely. • If you fail your Final Report, you shall not be allowed to do your presentation and fail your PRP entirely. • You are required to do Harvard Referencing that shall be discussed in your 1st class (*new) • You need to choose a fresh topic, without recycling your senior PRP title. • You shall be given a test (30 ~45 minutes) upon submitting your final draft for evaluation. (*new) • Students on IPT are not allowed to repeat the PRP. • Students who are repeating the PRP must attend the classes and supervision and meet the attendance rule.
Topic • DAM : Business plan on a business related to aviation • DATM : Business plan on a inbound tour package • DOM : Business plan on any business • DFOM : Flight plan for a long-haul wide body commercial flight departing from KLIA
Pivotal Points • DAM/ DATM / DOM: 1) Balance Sheet & Cash Flow well-balance. 2) ROI and IRR below 100% 3) Minimum 10% increment in forecasted profit 4) Logical Gantt Chart correlate with financial statement 5) Compulsory Bank loan & collateral if needed 6) Chapter 1,2,3,4,5 all correlated. 7) No Harvard Referencing (Formatting) & Plagiarism 8) Maximum 8 common errors highlighted
Common Errors Chap.1 • Cannot explain type of business – sole proprietor or company (Sdn Bhd) and its relevant law. • Cannot explain the real product or service – how it is produced and sold. • Definition of capital confused. • Poor business risks and success factors. • Capital much higher than start-up costs. • Poor Gantt chart.
Common Errors Chap. 2 • Poor customer explanation – who are the buyers. • Poor explanation how the sales figures is obtained. • Sales figures too high beyond capacity and target customers. • Sales figures different from P&L Chapter 5. • Poor explanation how the profits is obtained. • Poor explanation on the costs and expenses. • Poor explanation on ROI and IRR. • Theories cut and paste.
Common Errors Chap. 3 • Too much generals than soldiers – many managers than workers. • Organization chart different than manpower tables. • Salary scale too low as compared to market rate. • Too many personnel for the business planned. • Salary costs different from P & L. • Theories cut and paste.
Common Errors Chap 4 • Confusing work flow charts. • Poor layout plan for operations – no dimensions. • Too many machine descriptions than purchased. • Poor quality control measures. • Poor start-up cost breakdown.
Common Error Chap 5 (Cont) • Yearly net profits not accumulated • Total assets declining at following years. • Cash Flows • Cash in flow started earlier than Gantt chart. • No cumulative cash flows provided. • Too much cash balance because margin too high (price high and costs low). • Failed to derive Payback & IRR from cash flows. • Figures no commas and with sen.
Pivotal Points • DFOM : 1) Correct Weight and CG calculation 2) Computerize Flight Plan fully and correctly filled 3) 7 column waypoint all fully filled 4) Time taken and ETA properly calculated based on the waypoint 5) En-route weather forecast all mentioned 6) Chapter 1,2,3,4,5 all correlated. 7) Harvard Referencing (Formatting) & Plagiarism 8) Maximum 8 common errors highlighted
Common Mistakes • Lack of narrative just cut and paste work for all chapters. • Lack of info for proposed runway in use for landing at destination airport. • Lack of fuel consumption for aircraft. • Lack of heading (degree), tracks, height and speed information for each sector for Chapter 3. • Chapter 4, no justification for V1 and V2 and fuel carried on board. No mention about passengers or cargo to be carried on board for Chapter 4. Also lack of radio frequencies for sectors. • En-route weather not clear. Some weather were for ground weather only. Should be for the flight level weather the whole route. Weather for destination airport missing.
Common Mistakes • Lack of route wind direction explanation - resulting in poor ground speed calculation;. • Wrong flight level selection - didn't comply the IFR semicircular rule; • Wrong ETA calculation; • Lack of CG calculation and knowledge; • Poor routing planning and explanation - way point heading, distance, time, ground speed, ATC Call signs, ATC radios, Nav Aids call signs and frequency; • Lack of V1 and V2 rationales; • Not able to explain how to measure distance and heading of way points other than saying the computer says so. • Aircraft weight not converted to metric tonne.
Common Mistakes • knowledge of aircraft instruments and equipment carried on board poor; • Knowledge on wind condition on flight route poor; • Confusion between "Dry Operating Weight" and "Zero Fuel Weight" • Aircraft fuel consumption put in many format; - it should be "tonne per hour". • Knowledge on normal cruising speed poor; • Knowledge on how flight time is derived poor.
