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DRIVE
SUMMER
2016
PROGRAM
Master
of Business Administration - MBA
SEMESTER
IV
SUBJECT
CODE & NAME
ML0018
Project
Management in Retail
Q.1: Explain in detail
Project Planning Process.
Detail explanation of
Project Planning Process.
Ans:
Detail explanation of
Project Planning Process:
The
project planning process involves a number of stages that we shall discuss
subsequently:
Q.2: What do you
understand by Resource Smoothing and Resource Levelling?
Network diagrams drawn
based on the work breakdown structure and the critical path identified on it
are based on ideal condition of abundance of resources.
ANS:
Network diagrams drawn
based on the work breakdown structure and the critical path identified on it
are based on ideal condition of abundance of resources:
Network diagrams drawn based on the work
breakdown structure and the critical path identified on it are based on ideal
condition of abundance of resources. The network plans is a time schedule and
not the
Q.3: What are the
different aspects of retail project execution?
Retail project
execution involves several people and teams with different skills, ability and
priorities, constant co-ordination and adjustment in planned activities,
conflict with routine operations of business because of overlapping retail
project organization structure and several such issues.
ANS:
Retail
project execution involves several people and teams with different skills,
ability and priorities, constant co-ordination and adjustment in planned
activities, conflict with routine
Q.4: Write notes on the
Execution stage and Completion stage of retail project life cycle.
During the planning
stage subcontracts are given, teams and sub-teams are formed, team leaders are
appointed, coordination is established, documentations are designed and
reporting system is developed.
ANS:
During
the planning stage subcontracts are given, teams and sub-teams are formed, team
leaders
Q.5: What do you
understand by Retail Strategy? Discuss any 3 types of Growth Direction.
Retail strategy
comprises several important dimensions.
Explanation of 3 growth
direction
ANS:
Retail strategy
comprises several important dimensions:
• The retailer’s target
market mix.
• Retail format
• Sustainable
competitive advantage
Explanation
of 3 growth direction:
Q.6: Write notes on:
Decision rules & Decision-Tree Approach.
Decision rules are of
various types.
ANS:
Decision
rules are of various types:
Four
different decision rules are discussed in this section. They include:
(i) E-V rule or
mean-variance rule:
The
Get fully solved assignment. Buy online from website
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we will revert you within 2-3 hour or immediate
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