Sunday, 17 May 2015

pm0015 smu mba Spring 2015 IVth sem assignment

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DRIVE: SPRING 2015
PROGRAM: MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4) PGDPMN (SEM 2)
SUBJECT CODE & NAME: PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT
BK ID: B2011
CREDIT AND MARKS: 4 CREDITS AND 60 MARKS

Q.1: Write short notes on:
Tracy-wiersema model (5 MARKS)
Central limit theorem (5 MARKS)

Answer:
Tracy-wiersema model:
The Treacy-Wiersema model is very similar to the balanced scorecard model. There are three areas of focus in this model, namely, customer intimacy,


Q.2: What is parametric estimating? Explain the steps involved in the development of a parametric model.
(Define parametric estimating (1.25 MARKS)
Describe the 7 steps involved in the development of a parametric model 8.75 (1.25 marks for each step)

Answer:
Define parametric estimating:
Parametric estimating is an estimating technique that uses a statistical relationship between historical data and other variables, such as square footage in construction and lines of code in software development for calculating an estimate for activity parameters, such

Q.3: 1. what aspects of capital budgeting must be considered while selecting a project?
2. Suppose an investment requires an initial outlay of $5 million and has expected the cash flow of $1 million, $3.5 million, and $2 million for the first three years.
a. Calculate:
  • The net present value using a 10% required rate of return
  • Profitability Index using a 10% required rate of return
b. Also suggest if the project must be accepted.
1. Explain the 4 aspects of capital budgeting that must be considered while selecting a project. 4 (1 mark each)

2. a. calculation of net present value (2 MARKS)
Calculation of profitability index (2 MARKS)
b. Mention if the project must be selected and give reasons why it should be project be selected/not selected (2 MARKS)

Answer:
1. Explain the 4 aspects of capital budgeting that must be considered while selecting a project:
An organisation needs to consider the following aspects of capital budgeting while selecting a project:
Growth of the organisation: This implies that a project should be selected after considering the overall profit and market share of the organisation. An incorrect decision regarding project selection can affect the profitability ofthe organisation. The growth of


Q.4: Explain the various expense items in a project.
(List the various expense items in a project (1 MARKS)
Describe each expense with suitable examples 9 (3 marks for each expense item)

Answer:
List the various expense items in a project:
·         Direct and indirect costs
·         Variable and fixed costs
·         Actual and standard costs

Describe each expense with suitable examples:
Direct and indirect costs
Direct costs are expenses that directly affect the budget of a project. Expenses that are for the express benefit of the project, and would not be incurred if not for the project, are usually called "direct expenses." In other words, direct costs can be identified with specific

Q.5: What are the major steps in time management process? What is rolling wave planning?
(Explain the 5 major steps in time management process 5 (1 mark for each step), Explain rolling wave planning (5 MARKS)

Answer:
Explain the 5 major steps in time management process:
Following are the major steps involved in the time management process:
  1. Activity definition: This

Q.6: What are the steps that should be followed to construct a “house of quality”?
(Explain the 5 steps that should be followed to construct a house of quality) 10

Answer:
Explain the 5 steps that should be followed to construct a house of quality:
The following steps need to be followed to construct a house of quality:
Step-1 Voice of the customer: This step includes determining and identifying the customer’s needs. The main objective of this step is to translate the needs of every customer into engineering specifications. Customers buy products that have the desired characteristics, and manufacturers offer the desired characteristics. There should be a proper alignment between the needs of the customers and the offerings of the manufacturer.
After determining the most important

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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