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DRIVE
Fall 2015
PROGRAM
MBADS (SEM 4/SEM 6)
MBAFLEX/ MBA (SEM
4)
PGDROMN (SEM 2)
SUBJECT CODE &
NAME - ML0018-Project Management in Retail
BK ID - B 1844
CREDIT & MARKS
- 4 Credits, 60 marks
Q1. Describe the
various Project Management Tools. (Explanation of Tools) 10
Answer:
Project Management Tools: A tool is any item that can be
used to achieve an objective. Project management involves tools that we
shall discuss subsequently:
Gantt Chart: Gantt Charts (also known as Gantt
Diagrams) are useful tools for analysing and planning more complex
projects
Q2. Explain the
Retail Project Formulation for Franchise Business. (Explanation of Basics of
Franchising, Explanation of Evaluation Process) 10
Answer:
Basics of Franchising: The foremost benefit of the
franchise business model is the brand name of an already established and
credible organization, the support received in setting up the whole
unit, quality standards and procedures to
Q3. Explain Project
Risk and its types. (Explanation of Project Risk, Explanation of its types) 10
Answer:
Project Risk: An ill-conceived, ill-planned
project is destined to fail. Due diligence at every stage of planning,
starting from idea generation to preparation of the detailed project
report, is utmost important from the risk management perspective. Strategic
fit of the project, balanced allocation of limited capital, financing-mix, project
design and plan for execution are very important aspects of project planning
Q4. Describe
different activities related to the Retail Project Execution. 10
Answer:
Activities Related to Retail Project
Execution: A
retail store project may involve all the activities mentioned subsequently, or
it may also include some of the activities from the following list. The
Q5. Briefly explain
Retail Project life cycle stages. 10
Answer:
Retail Project Life Cycle: Retail projects have their life
cycle which can be viewed at five stages:
Concept Stage: The first stage in retail project
management is the concept stage, which includes two activities: (i)
Q6.
Write short
notes on: 10
a) Maximin
Decision Rule(Pay off model)
b) ISO 9000
a)
meaning and stages b) Meaning and standards
Answer:
Maximin decision rule (Pay-off model): The pay-off model is also called
as ‘maximin model’ because that is the decision rule applied here. The
rule is applied in two
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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