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DRIVE-
WINTER 2014
PROGRAM
MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4)
PGDPMN
(SEM 2)
SUBJECT
CODE & NAME- PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT
Qus:1
Write short notes on:
·
Kano
model
·
Differences
between a sponsor’s view and project’s view in a project balance sheet
·
Triangular
distribution
·
Organisational
break down structure
Answer:
Kano
model:
In comparison to the
previous two models, the Kano model is narrow in its approach. Its primary
focus is on the customer and his/her requirement of products and services from
the business. Unlike the above-mentioned two models, it focuses on only two
factors, namely, customer perspective and product
Qus:2
Discuss capital budgeting in project management.
·
Describe
use of capital budgeting to an organisation in terms of undertaking multiple
projects
·
Explain
the importance of capital budgeting in project selection
·
Discuss
the aspects of capital budgeting that an organisation should consider while
selecting a project.
Answer:
Describe
use of capital budgeting to an organisation in terms of undertaking multiple
projects:
An organisation
undertakes multiple projects with different capital requirements and rates of
returns. For instance, some projects may need investment over a longer period
of time, whereas others need investments
Qus:3
Write short notes on:
·
Rolling
wave planning
·
Time
centric earned value
Answer:
Rolling
wave planning:
Rolling wave planning
is an iterative planning in which work to be accomplished in the near term is
planned in detail, while the work in the future is planned later. The technique
employs a multi-pass approach to planning and scheduling, where each pass or
planning cycle builds further detail in the
Qus:4
Describe the various cost incurred in a project. Describe the applications of
three - point estimates.
·
Discuss
the THREE types of costs incurred in a project
·
Discuss
the applications of three - point estimates.
Answer:
Discuss
the THREE types of costs incurred in a project:
The
THREE types of costs incurred in a project are:
Qus:5
Explain the six sigma methodologies.
·
Discuss
the 2 six sigma project methodologies
·
Compare
the 2 six sigma project methodologies
Answer:
Discuss
the 2 six sigma project methodologies:
The DMAIC
project methodology has the following five phases:
·
Define: It includes
defining and analysing the problem and understanding the voice of the customer,
his/her requirements and needs and
Qus:6
Discuss the time and materials contract.
Solve the following problem
Consider a the time and materials
contract as follows:
Labour is billed according to the
following schedule
1 software engineer : $45/hr
1 tester: $ 45/hr
1 senior software engineer: $65/hr
Material is billed according to the
following schedule:
Cost of materials + 30 %
profit/overhead
Actual cost of the material is
$2140
Calculate
the material cost, calculate the contract payable
·
Describe
the time and materials contract
·
Calculation
of material cost
·
Calculation
of contract payable
Answer:
Describe
the time and materials contract:
The time and materials
contract is a cross between FP and CP contracts. It is opposed to FP contracts
in which the buyer agrees to pay the contractor a lump sum for performance
regardless of what the contractors pay their employees, sub-contractors, and suppliers.
This is the most risk-free type of contract.
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your
sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if urgent then call us
on 08791490301, 08273413412
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