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SEM 3 PROJECT
MANAGEMENT (PM) FALL 2013
PM0010 – INTRODUCTION
TO PROJECT MANAGEMENT
1
Summarise the project management
processes involved in the monitoring and control process group
A
Description of project management
processes
Analysis
examples
Conclusion
5
2
2
1
10
2
Elucidate the importance of
communication in Project Management
A Need of effective communication
Communication for properly structured project How information must be
communicated Various types of communication in Project Management Conclusion
10( 2 marks each)
10
3
Explain the roles of project
manager
A
Understanding client requirements
Understanding end user
requirements
Understanding project scope
Understanding the design
communicating
10 (2 marks each)
10
4
Explain the any FIVE types of
contracts that are entered into in project procurement
A
Any 5 of the following
1. Traditional lump sum fixed
cost/time
2. Design + Construct or Turnkey
10( 2 marks each)
10
3. Design + Novate + Construct
4. Construction Management (CM),
Project Management (PM)
5. On-call multitask contracting
6. Guaranteed Maximum Price (GMP)
7. Full cost reimbursable
5
Write short notes on Total
Quality Management (TQM)
A
1. TQM concept and Factors of
Organisations
2. Aspects of Total Quality
Management
3. Total Quality Management Focus
Points
4. basic beliefs or tenets of TQM
5. Layers of Total Quality Management
System
10( 2 marks each)
10
6
Describe the various supports
that the project management system provides.
A
1. Planning support
2. Cost support
3. Quality planning support
4. Estimating support
5. Scheduling support
6. Reporting support
7. Control support
Conclusion
8.75(1.25 marks each)
1.25
PM0011 – PROJECT
PLANNING AND SCHEDULING
1
Explain the usefulness of WBS in
cost control
A
Definition or explanation
1
Principles of explanation
Analysis
Examples
Conclusion
3
3
2
1
10
2
Explain the method to estimate
cost and create Budget
A
Estimate cost major input
required tools and techniques used for estimating cost of the various
activities outcome of the project
5
Create budget
information required for
determining the budget
Tools and techniques
outcomes
5
10
3
Explain the steps to draw a CPA
chart
A
List all activities in the plan
Plot the activities as a circle
and arrow diagram
10 ( 5 marks each)
10
4
Explain the different methods in
solving linear programming problem
A Explanation of LP Algorithms or
classes of algorithms for solving an LP Special case of LP 3 4
3
10
5
Write short notes on process
review report
A
What the report should contain
What should be monitored and
reviewed?
Comparison of Status and Progress
The Project Peer Review
10( 2 marks each)
10
What the status reports do not
reveal
6
Substantiate the impact of Life
Cycle Costing on new product selection and strategy
A
Explanation
How life cycle cost differs from
other costing methods
Successful Projects
Examples
Implications
10( 2 marks each)
PM0012 – PROJECT
FINANCE & BUDGETING
1
Evaluate the golden rules of
project risk management.
A
Description of 10 rules with
Analysis, Examples and conclusion
10 ( 1 mark each)
10
2
Explain different types of
discounted cash flows
A Internal Rate of Return (IRR)
Net Present Value (NPV) Profitability Index (PI)
Conclusion
9(3 marks each)
1
10
3
What are the decisions to be
considered while making capital investment?
A Objective function Investment
decision Financing decision Dividend decision Valuation
10 ( 2marks each)
10
4
Explain IRR and WACC
A
IRR Explanation(why it is most
useful aspect of a project) interpreting IRR measurement of IRR rule for
interpolating the value of IRR example
5
WACC explanation
5
10
Businesses frequently discount
cash flows at WACC Interpreting WACC Example formula
5
What is sensitivity analysis?
A
Explanation (why it is called
‘simulation analysis’)
Application of Sensitivity
Analysis
Purpose of Sensitivity Analysis
Performance of Sensitivity
Analysis
Risks and Assumptions
Conclusion
1
2
2
2
2
1
10
6
Analyse the parametric cost
estimation
A
Explanation Parametric Cost
Estimating Process Sources of Data for Parametric Cost Estimation Cost and
Price Analysis Estimate Reliability
Analysis
Examples
Conclusion
5
2
2
1
PM0013 – MANAGING HUMAN RESOURCES IN PROJECTS
1
List and explain a few Business
related competencies of a Project Manager
A
Composure
Aptitude to Manage Conflict
Decision-Making Ability
Influences Others
Motivates Others
Inspires Ownership and Commitment
Problem Solving Ability
Strategic Communicator
Capacity to Execute
Budget and Fiscal Capacity
Contracting Process
Defining Work
Managing Project Parameters
Project Planning
Project Performance
10( write any 10 points ,1 mark
each)
10
2
How would you develop
competencies necessary for leadership in an organization
A
1. capability to conceptualize
the likely deliverables of the project
2. an optimistic attitude that
prevails and causes the project manager to deal effectively
3. having a tough skin and
accepting the inevitable faultfinding or blame that can come in the management
of a project
4. empower the project team
members
10 (1.25 marks each)
10
and, as appropriate, the project
stakeholders as well
5. the ability to assume risks in
the management of the project.
6. the ability and the courage to
make decisions involving the project
7. tenacity – or persistence in
holding to a position regarding the project
8. the ability to mentor, teach,
coach, and guide the people using resources on the project
3
Explain Responsibility Assignment
Matrix
A Explanation of Responsibility
Assignment Matrix(RAM),Specific type of RAM Creation of matrix(steps) four key
responsibilities
2
4
4
10
4
What are the challenges towards
effective teamwork in a virtual environment?
A
1. Individual: Social Isolation
2. Team Opacity
3. Individual, Team, and
Organizational Factors:
4. Communication
5. Trust
10 (2 marks each)
10
5
What are the inputs required and
tools and techniques for managing stakeholder expectations
A
Inputs Stakeholder register
Stakeholder management strategy Project management plan Issues log Change log
Organisational process assets
Tools and techniques
Communication methods Interpersonal skills
6
4
10
6
What are the steps you would
follow to create competencies in an organization?
A Defining core competency
Identifying core competencies Inventorying organizational competencies
Determining the organizational competencies that are core Developing core
competencies
10 ( 2 marks each)
10
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call
us at : 08263069601
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