bbb205 smu bba summer 2017 (oct/nov 2017 exam) IInd sem assignment

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PROGRAM

BACHELOR OF BUSINESS ADMINISTRATION (BBA)

SEMESTER

II

SUBJECT CODE & NAME

BBA205 – MANAGEMENT INFORMATION SYSTEM

Qus:1 What are the different operating elements of Management Information System (MIS)?

Operational Elements of MIS                      10

Answer: The structure of the management information system is comprised of four related classifications which are as shown in figure 2.5. The four classifications are:

o Operational elements

o Decision

Qus:2 Write a brief note on

a) Knowledge Based System (KBS)

b) Executive Information System (EIS)

c) Decision Support System (DSS)

d) Business Process System (BPS)

a. Knowledge Based System (KBS)                                     2.5

b. Executive Information System (EIS)                               2.5

c. Decision Support System (DSS)                                       2.5

d. Business Process System (BPS)                                        2.5

Answer: Knowledge Based System (KBS)

KBS are the systems based on knowledge base. Knowledge base is the database maintained for knowledge management which provides the means for data collections, organization and retrieval of knowledge

Qus:3Prototype approach and Life Cycle approach are the two major approaches for developing the MIS. Explain them in detail and compare.

a. Prototyping Approach                                          4

b. Life Cycle Approach                                            4

c. Comparison between Prototyping and Lifecycle approaches               2

Answer: Prototype Approach

When the system is complex, the development strategy is Prototyping of the System. Prototyping is a process of progressively ascertaining the information needs, developing methodology,

Qus:4 What is E-commerce? What are the different E-Commerce process models?

a. E-Commerce                      2

b. E-Commerce Process Models                  8

Answer: E-commerce

e-commerce is a second big application next to ERP. It essentially deals with buying and selling of goods. With the advent of internet and web technology, e-commerce today covers an entire

Qus:5Explain the concepts

a) Decision Support System

b) Artificial Intelligence, and

c) Neural Networks

a. Decision Support System                          4

b. Artificial Intelligence                                3         

c. Neural Networks                                       3

Answer: Decision Support Systems

DSS is an interactive, flexible computer based information system. It uses rules and models for processing data to support various managerial levels, ranging from top executives to mangers, in their

Qus:6What are the different security hazards to MIS? How to overcome these

hazards

a. Security Hazards                                                               4

b. Security techniques to overcome the hazards                             6

Answer: Security Hazards

Security of the information system can be broken because of the following reasons:

i)                    Malfunctions: In this type of security hazard, all the components of a system are involved. People, software and hardware errors cause the biggest problems. More dangerous are the problems

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pm0013 smu mba summer 2017 (oct/nov 2017 exam) IIIrd sem assignment

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PROGRAM

Masters of Business Administration - MBA

SEMESTER

III

SUBJECT CODE & NAME

PM0013

Managing Human Resources in Projects

Qus:1 Describe Motivation. Give detail description of McClelland’s theory of needs.

Answer: Motivation: It implies inspiring employees for performing their role effectively. Employee can be motivated by

Qus:2 Define Performance Measurements. Discuss methods of Performance Measurements.

Answer: Various organisations use various tools or methods to measure the performance of its employees. These methods can be classified as traditional methods and modern methods .

Let us discuss these

Qus:3 What do you mean by Strategic planning? Define Strategic planning process.

Answer: Strategic planning is a management tool that helps an organisation to plan its desired

Qus:4 Elaborate types of collective bargaining

Answer: Collective bargaining develops employees’ responsibility towards the society and limits

Qus:5 What do you mean by Workforce Diversity? Describe the factors responsible for workforce diversity.

Answer: Workforce diversity can be defined as resemblances and dissimilarities among employees in terms of age, gender, culture, race, religion and skills. In general, an organisation tends to create workforce diversity with numerous policies and practices that are directed to involve

Qus:6 What are the Health provisions under Factories Act, 1947?

Answer: Section 11 to 20 of the Factories Act, 1947 deals with provisions related to health of a worker employed in a factory. It is covered under Chapter 3 of the Act. The major provisions under

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pm0012 smu mba summer 2017 (oct/nov 2017 exam) IIIrd sem assignment

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PROGRAM

Masters of Business Administration – MBA

SEMESTER

III

SUBJECT CODE & NAME

PM0012

Project Finance and Budgeting

Qus:1 Detail, the requirements of funding of a project through project finance.

Answer: Project finance enables organizations to complete huge projects through non-recourse and limited recourse financing. In non-recourse financing an organisation repays the loan to the lender from the cash flows generated after completing the project. In such cases, the organisation is not directly liable to repay the loan. In limited recourse financing, an organisation provides additional

Qus:2 Explain the process of Creating Project Budget.

Answer: Budgeting acts as a control mechanism where actual costs are compared with and measured to the budget. A project budget should be according to the company’s strategy and financial goals. These goals are represented by different documents which may list projected revenue and

Qus:3 Detail Project Configuration Process of developing a common framework for the construction projects.

Answer: Construction projects are generally complex in nature, require a large amount of capital and involve higher degree of risk. Project configuration is a process of developing a common

Qus:4 Elaborate the factors that can have a negative impact on the project cash flow.

Answer: There are many factors that may affect the cash flow of any organisation. While planning for the funds required for a project, the project manager should consider all factors that

.

Qus:5 Define various types of Project Risks

Answer: Different types of risks can arise at different stages of a project. These may be as follows:

Qus:6 What are the functions of Quantitative Risk Analysis? Elaborate Monte Carlo Analysis.

Answer: Quantitative Risk Analysis

Quantitative risk analysis is a process of evaluating the impact of risks prioritised during qualitative risk analysis. It involves the following functions:

 Quantification of

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pm0011 smu mba summer 2017 (oct/nov 2017 exam) IIIrd sem assignment

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PROGRAM

Masters of Business Administration - MBA

SEMESTER

III

SUBJECT CODE & NAME

PM0011

Project Planning & Scheduling

Qus:1 Describe hierarchy of organizational objective. What are the various issues are involved while setting organizational objectives.

Answer: In an organisation, objectives follow a logical framework that is characterised by a hierarchy under

Qus:2 Define Project Scope Management. Detailed the stages of Scope Management.

Answer: After discussing the management of project management life cycle, let us now understand the concept of project scope management. In the context of project management, the term ‘scope’

Qus:3 Write short-notes on:

1. Project Rating Index (PRI)

2. Sources of Positive Net Present Value

Answer: 1. Project Rating Index (PRI)

Proper screening of project ideas plays an important role in ensuring the selection of the right project idea by an organisation. Once an organisation completes the initial screening of project ideas, it should then focus on evaluating the desirability of the shortlisted project ideas. For this

Qus:4 Describe Selection of Plant Location Activity. Detail various factors affect the selection of plant.

Answer: Selection of a proper plant location is closely related to the success of a project. A plant location is that area where the project operations can be performed. But the most important question facing an organisation is how to select a proper plant location? The answer to this question depends on various factors such as demand of the product, size of the market,

Qus:5 Write short-notes on:

1. Gantt Charts

3. Milestone Charts

Answer: Gantt charts and Milestone charts are two basic tools that are used to monitor the progress of a project. Both of them are closely related to each other. They assist a project manager in tracking the duration of individual activities in a project. Let us discuss them one by on

Qus:6 Detail 50/50 Rule, 20/80 Rule & 0/100 Rule of Controlling Schedule.

Answer: 50/50 rule

During the execution of a project, reporting the amount of work completed is not an easy task. People often tend to report that the amount of work done is in proportion to the amount of time elapsed. For example, if 50% projected time of a project has elapsed; people assume that 50%

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pm0010 smu mba summer 2017 (oct/nov 2017 exam) IIIrd sem assignment

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DRIVE

Summer 2017

PROGRAM

MBADS (SEM 3/SEM 5)

MBAFLEX/ MBA (SEM 3)

PGDPMN (SEM 1)

SUBJECT CODE & NAME

PM 0010 – INTRODUCTION TO PROJECT MANAGEMENT

Q1. a. Describe the characteristics of a project b. Explain the triple constraints in project management(a. List and explain the characteristics of a project b. State the meaning of constraints Describe the triple constraints with the help of examples.) 6, 4

Ans: Characteristics of a Project: Every project has a unique goal, and it intends to serve some specific objectives of an organisation. For example, highway projects undertaken by

construction organisations are different in terms of scope, time involved, and requirement of resources as compared to any

Q2: Write short notes on:

 Project development

 Project organisation

 Factors affecting collection of market-related information

 Term loans as a means of financing projects

(Project development, Project organisation, Factors affecting collection of market-related information.

ANSWER:

Project development: In this phase of project management lifecycle, the progress of the project is monitored and controlled. This phase also provides a measure to ensure that the project deliverables meet the

Q3. Explain the L-M approach of SCBA.( a. Explain the L-M approach stating the basic features of the approach b. State how to calculate the actual value of resources in this approach) 5, 5

Ans: Little-Mirrlees approach: L-M approach was developed by I.M.D Little and J.A. Mirrlees, and is similar to the UNIDO approach. The L-M approach is based on the assumption that the social cost of using a resource is substantially different from the actual price paid for that resource due to market

Q4: Discuss the financing of a power project.

(Elucidate which are key project parties in a power project, Mention the key points of PPA(Power Purchase Agreement),Discuss the 3-tier security payment mechanism )2,5,3

ANSWER:

Elucidate which are key project parties in a power project:

Government: The government is a key project party in an infrastructure project. It initiates the tendering process, evaluates the tenders and grants sponsors the right to set up and operate the project.

Project sponsors:

Q5: What do you understand by Procurement Planning? Discuss the various factors affecting procurement planning. List out the tools and techniques used for procurement planning.

(Discuss Procurement Planning)

ANSWER:

Procurement planning is the process of identifying the project requirements that can be acquired at the best possible costs from external sources. It is required to decide:

The need for

Q6: What is the purpose of project evaluation? Which the four dimensions of the project explain the purpose of project evaluation?

(Mention the purpose of project evaluation.

Discuss four dimensions of the project that explain the purpose of project evaluation. )

ANSWER:

The purpose of project evaluation :

The purpose of project evaluation is to measure the “success” of a project. Accordingly, projects are evaluated on the basis of the indicators of success or failure such as profitability, competency, efficiency and future prospect. The success of a project has been defined by different researchers

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