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DRIVE-
Winter 2015
PROGRAM
MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4)
PGDPMN
(SEM 2)
SUBJECT
CODE & NAME- PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT
Qus:1
Write short notes on:
·
Kano
model
·
Differences
between a sponsor’s view and project’s view in a project balance sheet
·
Triangular
distribution
·
Organisational
break down structure
Answer:
Kano
model:
In comparison to the
previous two models, the Kano model is narrow in its approach. Its primary
focus is on the customer
Qus:2
Discuss capital budgeting in project management.
·
Describe
use of capital budgeting to an organisation in terms of undertaking multiple
projects
·
Explain
the importance of capital budgeting in project selection
·
Discuss
the aspects of capital budgeting that an organisation should consider while selecting
a project.
Answer:
Describe
use of capital budgeting to an organisation in terms of undertaking multiple
projects:
An organisation
undertakes multiple projects with different capital requirements and rates of
returns. For instance, some projects may need investment over a longer period
of time, whereas others need investments
Qus:3
Write short notes on:
·
Rolling
wave planning
·
Time
centric earned value
Answer:
Rolling
wave planning:
Rolling wave planning
is an iterative planning in which work to be accomplished in the near term is
planned in
Qus:4
Describe the various cost incurred in a project. Describe the applications of
three - point estimates.
·
Discuss
the THREE types of costs incurred in a project
·
Discuss
the applications of three - point estimates.
Answer:
Discuss
the THREE types of costs incurred in a project:
The
THREE types of costs incurred in
Qus:5
Explain the six sigma methodologies.
·
Discuss
the 2 six sigma project methodologies
·
Compare
the 2 six sigma project methodologies
Answer:
Discuss
the 2 six sigma project methodologies:
TheDMAIC project
methodology has the following five phases:
·
Define: It includes
defining and analysing the problem and understanding the voice of the customer,
Qus:6
Discuss the time and materials contract.
Solve the following problem
Consider a time and materials
contract as follows:
Labour is billed according to the
following schedule
1 software engineer: $45/hr
1 tester: $ 45/hr
1 senior software engineer: $65/hr
Material is billed according to the
following schedule:
Cost of materials + 30 %
profit/overhead
Actual cost of the material is
$2140
Calculate
the material cost, calculate the contract payable
·
Describe
the time and materials contract
·
Calculation
of material cost
·
Calculation
of contract payable
Answer:
Describe
the time and materials contract:
The time and materials
contract is a cross between FP and CP contracts. It is opposed to FP contracts
in which the buyer agrees to pay the contractor a lump sum for performance
regardless of what the contractors pay their employees, sub-contractors, and suppliers.
This is the most risk-free type of contract. In this type of contract, the time
and material used for the project are priced. Thus, the contractor only
requires to know the time and
Get fully solved assignment. Buy online from website
online store
or
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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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