# Online MBA Boot Camp Provides Sustainable Competitive Advantage in 12-week Trimester

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3 Table 1. Activity Matrix Plan Use of Project Management Software for Project Planning Activity Description Preceding Activity Activity In Days A Graduate School Approval None 5 B Course construction Plans A 15 C Projected Students Study A 10 D Lead Faculty Availability Check A 5 The Platform faculty E Internal Feasibility Report B, C 15 F VPAA/EVP Approvals B, C, D 10 G Design of Individual Modules F 170 H Publish on Blackboard/ Dry Run E, G 35 Figure 1. Activity on Node (AON) Diagram Using the original estimates for the activities, the expected date of completion of the critical path resulted in ( ) = 245 days. In order to find the probability this project would be finished on or before the December 31 deadline or in 235 working days, we need to determine the area under the normal curve, where the standard equation can be applied as follows: Variance and Standard Deviation was calculated in order to determine Z. Where, Z = (Due date Expected date of completion)/ Standard deviation = ( )/ 10.2 = -.98 where Z is the number of standard deviations the due date or the target date lies from the expected date (to the left of the mean). Referring to the normal table we find a probability of success is or 33.6%. Therefore the probability the project would be completed on or before December 31 was doubtful. Copyright 2009 Board of Regents of the University of Wisconsin System 3

4 Table 2. Revised Activity Matrix Plan Activity Description Preceding Activity Activity Time (days) A Graduate School Approval None 4 B Course construction Plans A 12 C Projected Students Study A 8 D Lead Faculty Availability Check A 4 The Platform faculty E Internal Feasibility Report B, C 12 F VPAA/EVP Approvals B, C, D 8 G Design of Individual Modules F 140 H Publish on Blackboard/ Dry Run E, G 20 The activity times were revised as shown in Table II. Recalculating the expected date of completion in the critical path is ( ) = days. Z was also recalculated with the revised numbers as: Z = (Due date Expected date of completion)/ Standard deviation = ( )/ = Referring to the normal table we find a probability of success is or 99.8%. The resulting probability was a great predictor of project completion success. The project was in fact completed in time and published in Blackboard before the year end and was successfully delivered on line the following spring semester and every semester afterward. Figure 2. An example ECON Module Online Grade Book Results of the on line Boot Camp The result of this innovative course has demonstrated that prospective students see the value in the MBA Boot camp program. Since going to the online format, faculty have observed an improvement in student readiness for the MBA program. The success rate has been in the upward direction consistently over each semester. Copyright 2009 Board of Regents of the University of Wisconsin System 4

5 Table 3. Continuous Improvement Table of Student Pass Rate Subject Area TRI I 2005 TRI II 2006 TRI III 2006 TRI III 2007 TRI II 2009 Management Business Law Economics Accounting Finance Statistics Conclusion Three conclusions may be drawn from the design, development and implementation experience (ai) that MBA program entrants may gain tremendously by saving time enjoying the integration of leveling courses by a six-in-one umbrella course,(b) that such course can be effectively run on line without compromising on quality, and (c) that design lead time should be controlled strictly by a project management software to make the planning effective, which is the hallmark of this course s effectiveness. All these considerations make the adventure worthwhile for developing and enjoying a competitive advantage in the MBA program. References Draves, W. A. (2002) Teaching online, Learning Resource Network (LERN) Books. Gray, C. (2008). Project management: The managerial process, Boston: McGraw Hill. Heizer, J., & Render, B. (2001). Operations management, 6e, Prentice Hall Kerzner, H. (2005) Project management: A systems approach to planning, scheduling and controlling, 6e. Van Nostrand Reinhold Ko, S., & Rossen S. (2001). Teaching online: A practical guide. Houghton Miffin. Author Summary Hamid Khan is a Professor of Management at Our Lady of the Lake University. He teaches this popular six-in-one on-line self paced management boot camp course, which makes the MBA program competitive by conserving faculty resources and giving more benefits to students. Students in large numbers complete all leveling courses in one semester rather than a year, which proves the point that on-line modular courses can be more desirable than face to face classes. Address: Our Lady of the Lake University 411 SW 24 th Street Copyright 2009 Board of Regents of the University of Wisconsin System 5

6 San Antonio, TX URL: Phone: ext 2561 Fax: Copyright 2009 Board of Regents of the University of Wisconsin System 6

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