PM0010 – Introduction to Project Management

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ASSIGNMENT

DRIVE	SPRING 2104
PROGRAM/SEMESTER	MBADS (SEM 3/SEM 5) MBAFLEX/ MBAN2 (SEM 3) PGDPMN (SEM 1)
SUBJECT CODE & NAME	PM0010 – Introduction to Project Management
BOOK ID	B1236
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

1 Write short notes on:

·         Project constraints

·         Project testing phase of project management life cycle

·         Project resources

·         Qualitative approach to demand forecasting

Answer:-

Project constraints :-

The primary purpose of a project is to deliver a product and/or service to a customer within a specified time, cost, detailed scope and performance

2 Describe the various project planning tools.

Answer Meaning

                Project Planning follows the Project Initiation stage and is considered to be the most important stage in project management. Project Planning is not a single activity or task. It is a process that takes time and attention. Project Planning defines the project activities and describes how the activities will be accomplished. Time spent up-front identifying the proper needs and structure for organizing and managing projects saves countless hours of confusion and rework in the Managing (Execution and Controlling) stage of the project.

Listing of project planning tools

3 Write short notes on:

·         Earned value analysis

EVA compares the calculated value of work performed, what you have earned, to the actual cost and to a projected cost of work performed. Deviations are cost, time, or both, and can be expressed in dollars, time orcalculated further as progress, per cent complete or a performance index. EVA is primarily a schedule tracking tool, determining schedule from cost and earned value of individual WBS tasks performed in time: the project management trinity of scope, cost and schedule.

Three fundamental concepts toeffective EVA:

4 Discuss the phases of project audit life cycle.

Answer:- Listing of the phases of project audit life cycle

1.       Project Initiation

2.        Project Planning

3.       Execution Phase

4.       Monitoring and Control

5.       Close down Stage

6.        

5 What are the various steps involved in the project configuration process?

A Explain the meaning of project configuration process

Project Management has a basic requirement to deliver products 'on-time' and 'within budget'. IT development projects, on the other hand, take place against a background of changes to: original specification, additional functionality, user requirements and so on. This can present real conflict where change is not managed effectively.

Business process configuration - an introduction

What is process configuration and what is it for? Process

6 What are the main objectives of preparing a project report? Explain the essential elements of a project final report.

Answer:- Listing of the main objectives of preparing a project report.

Objectives that the project should achieve should be expressed both as general development objectives and operational objectives. General development objectives include aspects such as expected improvements, improved living standards, institutional improvements etc. Operational objectives for the project concern improvements in existing systems and coverage. Each objective should be quantified (to the extent possible), and a schedule for achieving these

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

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or

Call us at : 08263069601

(Prefer mailing. Call in emergency )