Thinking Skills and Problems Solving Essay

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FACULTY OF SCIENCE AND TECHNOLOGY

SEMESTER MAY 2012

SBFS1103 THINKING SKILLS AND PROBLEM SOLVING

MATRICULATION NO IDENTITY CARD NO. TELEPHONE NO. E-MAIL LEARNING CENTRE

: : : : :

TABLE OF CONTENTS
1. INTRODUCTION ..................................................................................................... 2 Figure 1 Stepwise Conception. .................................................................................. 4 2. IDENTIFICATION 2.1 2.2 2.3
OF APPROPRIATE DECISION MAKING TOOL . ............................... 5

Benchmarking. .................................................................................................... 5 Decision Tree .................................................................................................... 7 SWOT Analysis. ................................................................................................. 9

Figure 2 Benchmarking Results. ................................................................................ 6 Figure 3 Decision Tree Illustrations . ........................................................................ 7 Figure 4 SWOT Analysis Illustration 1 . ................................................................... 9 Figure 5 SWOT Analysis Illustration 2 . ................................................................. 10 2.4 Definition and explanations of SWOT analysis ............................................... 11

3. HOW TO DERIVE TO THE CHOICE OF SUB-CONTRACTOR...................................... 11 Figure 6 Gantt Chart Lai Hock Builders .................................................................. 11 3.1 3.2 Gantt Chart ....................................................................................................... 13 Time Factor - Explanation ............................................................................... 14

4. PROFIT MARGIN CALCULATION AND COST DOWN ACTIVITIES....

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