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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:
- 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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