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DRIVE- FALL 2014
PROGRAM
MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
SEMESTER
II
SUBJECT CODE & NAME
MB 0049 - PROJECT MANAGEMENT
Qus:1 Describe the CPM model.
·
Explain the main focus of CPM and
how is it different from PERT
·
List the assumptions of CPM
·
Explain the procedure of CPM
analysis
Answer:
Explain the main
focus of CPM and how is it different from PERT:
For
projects considered uncertain, the PERT model was developed and for projects
which are comparatively risk-free the CPM model was developed. Both the
approaches start with the development of the network and a focal point on the
critical path. Tthe PERT approach is 'probabilistic' while the CPM approach is
'deterministic'. This does not, however, mean that in
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Qus:2 Write short notes on:
·
The Shewhart Cycle
·
Project procurement process
·
Role of Risk Management in
Overall Project Management
·
Design of PMIS(Project
Management Information System)
Answer:
The Shewhart Cycle:
PDCA
(plan–do–check–act) is an iterative four-step management method used by the
companies to control and continually improve their processes and products.
PDCA is also referred to as the Deming circle/cycle/wheel, Shewhart cycle,
control circle/cycle, or plan–do– study–act (PDSA). Figure below depicts the
Shewhart cycle.
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Qus:3
As an investor, how will you choose the projects to invest in?
·
List the cash flow techniques you
will use
·
Explain any four commonly used
methods in brief- list the criteria for choosing a project in each method
Answer:
List the cash flow techniques you will
use:
If there are many alternative projects, all of which, at
first sight, appear to be more or less equal in profit earning capacity, the
investor should make a comparative study of the return on the different
alternative proposals before choosing one. Such financial analysis broadly
falls under
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Qus:4
Write a note on Earned Value Method (EVM).
|
|
·
EVM explanation
·
Parameters to calculate
performance measures
·
Plot of BCWS versus time
·
Plots BCWS, ACWP, and BCWP for
a typical project
Answer:
EVM explanation:
The Earned Value Method (EVM) is a useful tool that allows
the calculations of cost and schedule performance measures including cost
variance, schedule variance, cost and time over-runs for a project.
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Qus:5
Discuss the various methods of conflict resolution.
• List and explain the methods of
conflict resolution and with examples
• Argue if one method suits all
situations or if project managers need to need to use different methods to
resolve conflicts.
Answer:
List and explain the methods of conflict
resolution and with examples:
Conflict in the
workplace is common. Conflicts occur when different people have different goals
and needs; when one party thinks that the other party has done something to block
the completion of their goals. There are many methods of conflict resolution.
Generally, there are
Qus:6
Answer the following questions:
a.
What are the advantages of using PM software package?
b.
What are the types of project performance evaluation techniques?
• List and briefly explain the key
advantages of using project management software.
• List and explain types of project
performance evaluation techniques
Answer:
List and briefly explain the key
advantages of using project management software:
The following are the key advantages of using
project management software:
·
Speed, effort,
and accuracy:
For a large project, manually carrying out activities like drawing a network,
carrying out time analysis, reporting project progress, generation of various
types of reports, updating network, and maintaining records is quite time and
effo
Get fully solved assignment, plz drop a mail with your sub code
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Charges rs
125/subject and rs 700/semester only.
if urgent then call us
on 08791490301, 08273413412
