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Related Content: MGT604 - VU Lectures, Handouts, PPT Slides, Assignments, Quizzes, Papers & Books of Management of Financial Institutions

STATE BANK OF PAKISTAN - VARIOUS DEPARTMENTS (Contd.)

Banking Surveillance Department

Health of an economy depends on the degree of safety and stability of its banking and financial system. A sound, stable, and robust banking and financial system is a pre-requisite for economic well being of a country and its populace. In Pakistan, ensuring the stability and soundness of the banking system is a statutory responsibility of State Bank of Pakistan. The banking supervision departments viz. Banking Policy and Regulations Department (BP&RD), Banking Surveillance Department (BSD), Off-Site Supervision and Enforcement Department (OSSED) and Banking Inspection Department have been assigned this important function to work jointly and severally to ensure the soundness of individual banks and of overall banking industry. The Department is responsible to supervise financial institutions in the country. The department ensures effective adherence to regulatory & supervisory policies, monitors risk profiles, evaluate operating performance of individual banks/DFIs & the industry as a whole while issuing guidelines for managing various types of risks. It also ensures that banks are adequately capitalized & have policies & systems in place to assess various risks. The department is also responsible for the implementation of the Basel II Accord in Pakistan. The function & activities of Credit Information Bureau also falls within the domain of Banking Surveillance Department. The CIB collect credit data,
under section 25A of the Banking Companies Ordinance 1962, maintain its database & disseminate credit information to financial institutions online to facilitate their credit appraisal process.

Read more: MGT604 - Management of Financial Institutions - Lecture Handout 09

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Related Content: MGT613 - VU Lectures, Handouts, PPT Slides, Assignments, Quizzes, Papers & Books of Production & Operations Management

PROJECT MANAGEMENT-I

Learning Objectives

After learning about the network diagrams, the project life cycle and the responsibilities of project manager. We will now learn the important concept of time estimates (which is based on computing algorithms of Early Start, Early Finish, Late Start and Late Finish) and variances which are used to control the project activities. We will consider important aspects like the forward and backward path time estimates, Project Crashing, Time Cost Trade Offs, Project Management Software, Risk Management and develop a project management based Operations Strategy.

Time Estimates

There are two common types of time estimates namely

1. Deterministic: Time estimates that are fairly certain
2. Probabilistic: Estimates of times that allow for variation

Example: Hospital

We take the same hospital example and now place the time dimension to it .

The activities from locating the facility to making the hospital fully are represented in the form of a network diagram. The student should try to write down the activities along with the activity description then try to draw the network diagram using both the activity on node and activity on arrow as practice.

Read more: MGT613 - Production / Operations Management - Lecture Handout 44