Monday, 27 October 2014

pm0011 smu mba fall 2014 III sem assignment

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DRIVE- FALL 2014
PROGRAM
MBADS (SEM 3/SEM 5)
SUBJECT CODE & NAME
PM0011 – PROJECT PLANNING AND SCHEDULING
Qus:1 Write short note on:
·         Scope planning
·         Three point estimation tool used in project planning
·         Pure project management organisation
·         Negotiation strategies used in a project
Answer:
Scope planning: Indicates a stage where a Work Breakdown Structure (WBS) is developed by the organisation. A WBS can be considered as a structure, which helps an organisation to represent complex tasks and activities in a simple and easily understandable manner. A WBS breaks down a complicated task into individual and manageable activities. for instance, a project of 1,00,00,000 can be represented as a combination of twenty projects of 5,00,000 with the help of WBS.It should benoted tha

Qus:2 Explain the need of project planning and scheduling in managing any project. Discuss the elements of a project plan.
·         Explanation of the need of project planning and scheduling
·         List and explain the elements important elements of a project plan
Answer:
Explanation of the need of project planning and scheduling
In order to execute a project in the desired manner amidst such uncertainties, an organisation often makes educated guesses during the planning of the project. In project management, such educated guesses that are made by an organisationto manage project(s) are referred to as assumptions. In simple words, in project management, assumptions are the factors that an organisation considers to be true, or certain whi

Qus:3 Write short notes on :
·         Milestone charts
·         Life cycle approach used by organisations to identify investment opportunities
·         Pareto analysis
·         Resource levelling
Answer:
Milestone charts:
A milestone chart renders information about the list of various sub-activities that must be completed in order to complete a particular activity. Milestones can be referred to estimate the completion of individual phases of an activity

Qus:4 Explain the factors that affect market feasibility.
·         Explain the factors and sub factors that affect market feasibility
Answer: The factors affecting market feasibility:

1.Industry description

Industry description examines the industry or market segment in order to evaluate its potential scope. A market feasibility study should assess whether the industry or market is stable, expanding or contracting. The scope needs to be analysed in terms of annual sales, range of products and services, customer groups, and major competitors. Industry description will assist in gathering knowledge about industry competitiveness and barriers to entry. Let us discuss these two aspects of industry description in detai


Qus:5 What do you understand by cost of quality? Elaborate on various types of costs of quality associated with a project.
·         Write the meaning of cost of quality
·         Briefly explain each types of costs of quality associated with a project
Answer:
Write the meaning of cost of quality:
Cost of quality indicates the sum of conformance cost and non-conformance cost. Conformance means delivering products that meet the quality requirement of the customer; whereas, non-conformance indicate the products that are reject

Qus:6 What is fast tracking? Describe the steps to be performed in fast tracking.
·         Write the meaning of fast tracking
·         Mention its importance
·         Explain the steps performed in fast tracking
Answer:
Write the meaning of fast tracking:
Fast tracking is a time-saving technique that is used to reduce the duration of the project. Fast tracking technique focusses on perform

Get fully solved assignment, plz drop a mail with your sub code
computeroperator4@gmail.com
Charges rs 125/subject and rs 700/semester only.
if urgent then call us on 08791490301, 08273413412
our website is www.smuassignment.in


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