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PM 0015 – QUANTITATIVE METHODS IN PROJECT
MANAGEMENT
1. Write short notes on: Scoring Method for project selection Rules for
network construction Project crashing using network analysis Graphical
Evaluation & Review Technique
[Scoring Method for project selection Rules for network construction
Project crashing using network analysis Graphical Evaluation & Review
Technique]
2. Describe the importance of Business Forecasting.
[Need for forecasting with examples
Two common approaches to forecasting]
3. Describe the different stages in Project management.
[Explanation of the different stages in Project management]
4. Write short notes on: Time-series Forecasting of Seasonal Data
Setting resource calendar in MS Project Network diagram chart Cost Performance
Index
[Time-series Forecasting of Seasonal Data Setting resource calendar in
MS Project Network diagram chart Cost Performance Index]
5. How to create a report on the project activities in the MS Project.
[Explain how to set up of Reports
Explain the process of Creating or Editing Reports
Describe the reports that can be printed
List the steps of Printing a Report]
6. Discuss the algorithm for solving the shortest-route problem.
[Description of shortest-route problems
Description of the 5 steps of the algorithm]
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PM 0016 –PROJECT RISK MANAGEMENT
1. Define Risk Management. Explain the seven step process in risk
management planning.
[Definition of Risk Management
Explanation of the seven step process risk management planning]
2. The risk mitigation methodology describes the approach to control
implementation. Explain the steps of the methodology.
[Explain the steps of risk mitigation methodology
Conclusion]
3. Write short notes on: Keane’s Risk Process Monte Carlo Simulation
Categories of project risk Importance of a risk register
[Keane’s Risk Process Monte Carlo Simulation Categories of project risk
Importance of a risk register]
4. What is a fishbone diagram? Explain the various tasks involved in
constructing a Fishbone diagram.
[Definition of fishbone diagram
Why is it used
Describe the tasks involved in constructing a Fishbone diagram]
5. Benchmarking is considered as a component of Total Quality Management
(TQM). Write a note on benchmarking.
[Explain benchmarking( definition, what will happen if there is
incorrect benchmarking)
List any four Advantages of benchmarking
List any our limitations of benchmarking]
6. What are the tips to remove the top three project estimating risks?
Explain
[Listing of the tips
Explanation of the tips]
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PM 0017 –PROJECT QUALITY MANAGEMENT
1. Discuss the various tools used for understanding data.
[Various tools: Graphs, Histograms, Pareto charts, and Scatter diagram.]
2. Write short notes on The Enterprise Project Management Model.
[Brief Explanation of Enterprise project management Working of EPM
within the model Implementation of EPM Advantages of an EPM System]
3. Explain communities of practice .
[Definition and description of Communities of Practice (CoP), The role
of Communities of practice in helping organisations to compete globally through
information sharing across the globe]
4. The project management initiative program is a six step process which
is designed to bring about a measurement team from the introduction to the
project management-focused measurements through the design, the development and
the implementation of the project management value measurement program. Explain
the six steps in the project management initiative program.
[Measurement readiness planning Initiative Planning Measures development
Scorecard development Measurement program Implementation Planning Measurement
program implementation]
5. Briefly explain the seven forces involved in the success of quality
in project management.
[Seven forces Placing the budgetary considerations ahead of the quality
Placing schedule considerations ahead of quality Placing political
considerations ahead of quality Being arrogant Lack of fundamental knowledge,
research or education, the principles of quality assurance Pervasively
believing in entitlement Practicing autocratic behaviours, resulting in
“enrolment
Conclusion]
6. Explain briefly the Inspection-Planning and necessity in quality.
[Explanation inspection and the test plans Activities of inspection
planning Explanation of necessity in quality Basic principles Amount of
inspection]
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PM 0018 –CONTRACTS MANAGEMENT IN PROJECTS
1. Fixed price contracts have a preset price that the vendor must adhere
to in performing the work and in providing materials. There are different types
of fixed price contracts. Explain them.
[Explanation of various types of fixed price contracts]
2. Direct contracting is another procurement method that is used under a
limited number of exceptional circumstances. Explain the conditions for
adopting direct contracting, requirements and steps for direct contracting
[Conditions for adopting direct contracting Requirements for direct
contracting and Steps for direct contracting]
3. Write short notes on Cost Plus Fee Contracts.
[Explanation of Cost Plus Fee Contracts Features Conditions for adopting
Advantages and disadvantages]
4. The methods of selecting a consultant are designed to achieve the
objectives of quality, efficiency, fairness and transparency in the selection
process and to encourage competition. Discuss any 2 methods of selecting
consultants.
[Explanation of any 2 of the methods
With
Where it is appropriate
Type of assignments for which this method of selection is adopted]
5. The contract control process commences right at the beginning stage
of bid document preparation inviting contractors to bid, and proceeds through
the contract negotiation, contractor selection, monitoring and controlling of
the contractor’s work and terminating the contract. Explain the areas that need
attention for effective control of the contracts in a project
[Core competence of the project manager Requirements of the working
system Use of Work Breakdown Structure (WBS) Recognising the limitations with
flexibility]
6. Explain the need of Procurement law and what are its objectives?
[Explain the need of Procurement law
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