MS - 52 Project Management

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ASSIGNMENT

Course Code                                                                      :                               MS - 52
Course Title                                                                       :                               Project Management
Assignment Code                                                            :                               MS-52/TMA/SEM - I /2015
Coverage                                                                             :                               All Blocks

Note: Attempt all the questions and submit this assignment on or before 30th April, 2015 to the coordinator of your study center.


Q. 1. Distinguish between project and production management, giving examples. What, according to you, are the critical success factors in project management?

Answer:Comprehensive planning sets up a project for success from the start. All stakeholders should be on board during the planning process and always know in which direction the project is going to go. Planning can help the team to meet deadlines and stay organized. Good planning not only keeps the project team focused and on track, but also keeps stakeholders aware of project progress.

Projects don't have to be short-term; they can be long-



Q. 2. “Doubled Project Report (DPR) forms the foundation on which the entire superstructure of the project is built – if it is weak, project cannot weather the turbulent times ahead.” Bring out the do’s and don’ts of a good DPR.

Answer:A project plan, according to the Project Management Body of Knowledge, is: "...a formal, approved document used to guide both project execution and project control. The primary uses of the project plan are to document planning assumptions and decisions, facilitate communication among stakeholders, and document approved scope, cost, and schedule baselines. A project plan may be summarized or detailed.". The latest




Q. 3. “Meticulous Management of activities on the critical path is crucial to completing projects on time.” How can we ‘beat’ the critical path and improve our on-time performance?

Answer:If you have been into project management, I'm sure you have already heard the term 'critical path method.'If you are new to the subject, it is best to start with understanding the 'critical path' and then move on to the 'critical path method.'Critical path is the sequential activities from start to the end of a project. Although many projects have only one critical path, some projects may have more than one critical paths depending on the flow logic used in the project.If there is a delay in any of the activities under the critical path, there




Q. 4. A good tem-work speed up project implementation justify. Developing self directed project teams is the key to improving effectiveness in project management. Elucidate.

Answer:The complexity and dynamic nature of the business environment and developments in technologies and markets pose pressure and challenges for organisations. This report seeks to explore the manner in which self-directed teams can be successfully implemented in Kodak. It also includes a review of current literature on rationale behind the increased usage of self-directed teams in modern projects. The information in the report is gathered through research from various sources which include journals, books, internet, articles and case studies.





Q. 5. Explain the importance of ‘project review’ in the context of control of a project. How are cybernetics concepts applied to project management?

Answer:Project reviews are learning tools designed to generate information and feedback that contribute to a continuous improvement framework in the planning and delivery of all projects.  Although each review is necessarily project-specific, it is critical that the findings are made relevant to others within an organisation, and those providing services to that organisation.

A good project review:


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