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DRIVE-Spring 2015
PROGRAM/SEMESTER- MBADS (SEM 4/SEM 6)
MBAFLEX/ MBAN2 (SEM 4)
PGDROMN (SEM 2)
SUBJECT CODE & NAME-ML0018-Project Management in
Retail
BK ID-B 1844
CREDIT
& MARKS- 4 Credits, 60 marks
Qus:1 What are the
importance and difficulties associated with project management?
Answer:
The importance and
difficulties associated with project management:
The importance and difficulties of project management are discussed as
follows:
Importance:
·
Commitment of
funds and other resources is significant in most projects.
·
In a competitive
Qus:2 Write a note on
organizational system for processing retail project proposals.
Answer:
Organizational system
for processing retail project proposals:
An
idea can be substantiated only when it is heard and thought upon. In the retail
world, many such ideas
Qus:3 Discuss the
financial compensation and rewards in relation to project human resource
management.
Answer:
The financial
compensation and rewards in relation to project human resource management:
The
project HR faces certain unique issues while managing compensation for the
project. They are as follows:
Qus:4 Explain the idea
of retail project formulation for franchise business.
Answer:
The idea of retail
project formulation for franchise business:
Franchise business model has gained huge popularity in the retail
industry. From food to apparels to electronics and in every other retail sphere
franchising has been a proven way to realize an entrepreneurial
Q.5. “New ideas are
fuel to any organization process”. Explain the Judgmental process in the light
of the above statement.
·
Meaning
·
Components
Answer:
Judgemental
Process:
New
ideas are fuel to any organization. Especially in retail, where the whole business
is market driven, constant
Q.6. Write short notes
on: a) Gantt Chart b) Fishbone Diagrams
Answer:
a)
Gantt Chart:
Gantt
Charts (also known as Gantt Diagrams) are useful tools for analysing and planning
more complex projects. They:
•
Assist you in
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