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DRIVE-SUMMER
2015
PROGRAM-MBADS
(SEM 4/SEM 6)
MBAFLEX/
MBA (SEM 4) PGDROMN (SEM 2)
SUBJECT
CODE & NAME-ML0018-Project Management in Retail
BK
ID-B1844
CREDIT
& MARKS-4 Credits, 60 marks
Q1.
Explain PERT and its advantages.
(Explanation
of PERT, Explanation of Advantages) 5,5
Answer.
PERT
and its advantages
PERT
The Program (or Project)
Evaluation and Review Technique, commonly abbreviated PERT, is a statistical
tool, used in project management, that is designed to analyse and represent the
tasks involved in completing a particular project. First developed by the
Q2.
“Project ideas pass through a brainstorming process which requires a judgmental
process. Explain this judgemental process in detail.
(Explanation)10
Answer.
Explanation
New ideas are fuel to any
organization. Especially in retail, where the whole business is market driven,
constant inflow of new ideas to improve upon the existing systems are most
desired. Project ideas first pass through a brainstorming process. This is a
Q3.
Describe the components for retail project formulation.
(Explanation)
10
Components
for retail project formulation
A retail project formulation
encompasses the following components:
(i) Executive summary
This gives an overview of the
document. If the summary does not grab attention then the project is kept
aside. There is no set formula for
Q4.
Elaborate the essential skills required for appraisal of the managerial team
for a retail project.
(Explanation)
10
Answer.
Skills
required for appraisal of the managerial team for a retail project
Appraisal of the managerial team
for a retail project focuses on the presence of essential skills required for
the project. They are as follows:
1. Planning ability: Goal
setting, development of plan and action schedules, adaptation to change
2. Organizational skills
Q5.
Explain the techniques for planning retail project activities.
(Explanation)
10
Answer.
Techniques
for planning retail project activities
A number of activities with a
great degree of variety and interdependence require the retail firm to organize
the activities in the best planned way to avoid any confusion and complications
in the execution of the retail store project. A systematic approach in planning
the activities would include several steps and decisions. First, the retail
firm has to decide whether
Q6.
Write short notes on:
a)
Gantt Chart
b)
Fishbone Diagrams
Answer.
a)
Gantt Chart
A
Gantt chart, commonly used in project management, is one of the most popular
and useful ways of showing activities (tasks or events) displayed against time.
On the left of the chart is a list of the activities and along the top is a
suitable time scale. Each activity is represented by a bar; the position and
length of the bar reflects the start date, duration and end date of the
activity. This allows you to see at a glance:
- What 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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