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DRIVE
SPRING 2015
PROGRAM
MBADS (SEM 3/SEM 5)
MBAFLEX/ MBA (SEM 3)
PGDPMN (SEM 1)
SUBJECT CODE & NAME
PM 0010 – INTRODUCTION
TO PROJECT MANAGEMENT
BK ID - B1936
CREDIT & MARKS - 4
CREDITS & 60 MARKS
Q1. Write short notes
on: 10
Ø Project
charter
Ø Management
by objectives in project management
Ø Project
Management life cycle
Ø Contingency
plan
Answer: Project Charter: An
activity can be executed effectively if its objectives and the method of execution
are documented properly. In case of a project, this document is called
project charter, which serves as a framework for executing activities. In
simple words, a project charter refers to a formal document that mentions the
various important aspects of a
Q2. Explain the steps
in project selection. 10
Answer: Steps in
project selection:
1.
Recognise a
series of criteria to evaluate projects: This
activity involves the identification of the criteria required for selecting an appropriate
project from the available alternatives. Such criteria can be qualitative or
quantitative. For example, if an FMCG company wants to develop a new product
and has identified a few alternatives, then it might
Q3. Explain the UNIDO
approach of SCBA (Social Cost Benefit Analysis). (Explain the 5 stages of UNIDO
approach) 10
Answer: UNIDO approach: The
UNIDO approach was first published in 1978 in the Guide to Practical Project
Appraisal by United Nations Industrial Development Organisation. This
approach provides a complete outline of SCBA in developing countries. The
UNIDO approach involves five stages, which are explained as follows:
Q4. What is contract
administration? What are the inputs, tools and techniques used in contract
administration to derive the outputs?
(Define contract administration,
List and describe the inputs of contract administration, List and describe the tools and techniques of
contract administration) 1, 4.5 , 4.5
Answer: Contract Administration: Contract
administration ensures that the seller meets the contractual requirements
mentioned in the contract document efficiently. For this, the project
manager and the contract administrator or the contract officer must work
in coordination with
Q5.
1. Which are the sources of
financing infrastructure projects? 2. What are the steps involved in
designing a monitoring system to identify deviations in the overall performance
of the project.
Answer: Sources of financing infrastructure
projects: It
is true that the economic infrastructure of India is gradually evolving, but
there is still a dearth of an adequate flow of long-term funds in India.
This creates problems in stabilising the cash flow. In India, most of
Q6.
What the activities involved in project termination process?
Answer:
Activities involved in project termination process: Let
us discuss the activities in the project termination process under the
following points:
Unsettled
project activities: It indicates
the essential works of projects to be completed, before the closure of the
project. The essential works refer to the incomplete portion of the
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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