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National Institute of Business Management
Chennai - 020
EMBA/ MBA
Elective: Project Management (Part - 2)
Attend
any 4 questions. Each question carries
25 marks
(Each
answer should be of minimum 2 pages / of 300 words)
Q. 1. Explain
the key challenges to implementing an effective Project Portfolio
Management(PPM) process.
Answer:Project Portfolio
Management (PPM) is the centralized management of processes, methods, and
technologies used by project managers and project management offices (PMOs) to
analyze and collectively manage current or proposed projects based on numerous
key characteristics. The objectives of PPM are to determine the optimal
resource mix for delivery and to schedule activities to best achieve an
organization’s operational and financial goals ― while honouring constraints
imposed by customers, strategic objectives, or
Q. 2. Explain
specific portfolio optimization methods implemented in PPM tools.
Answer:Project Portfolio
Management (PPM) is a term used by project managers and project management (PM)
organizations to describe methods for analyzing and collectively managing a
group of current or proposed projects based on numerous key characteristics.
The fundamental objective of the PPM process is to determine the optimal mix
and sequencing of proposed projects to best achieve the organization's overall
goals - typically expressed in terms of hard economic measures, business
strategy goals, or technical
Q. 3. Why
do you think it is important to give people the most important information
first when you make a presentation?Explain.
Answer:The ultimate goal of
each presentation should be to leave the audience enthusiastic. You wont be
able to reach this goal with each presentation, but you should try. The
following lines are intended as a primer. You should read it and decide
consciously if you want to follow my suggestions or not. An outstanding
presentation will not follow all points suggested here, but the presenter will
know why he did decide against them. It should
Q. 4. What
are the steps in a process improvement project?Explain.
Answer:The demand to
improve your business continues to increase as expectations change, new
technologies emerge and competition grows. An effective way to establish
continual improvement within your organization is to conduct regular business
process improvements (BPI). Business processes can be informal or formal and
touch a variety of company functions: information technology, employee
development and training, customer service satisfaction, etc. Regardless of the
process you are trying to enhance, the improvement procedure follows a similar
path. Today’s post will cover the four steps in the business process
Q. 5. What
are the Common problems encountered due to recent changes in outsourcing being
done by industry?Explain.
Answer: The economy has hit
everyone hard. Many companies have had to pare back departments, employees,
budgets... on nearly every level. And many companies have done something no one
thought they would ever do -- jettison their IT departments in favor of
outsourcing. On paper, it seems to make perfect sense. You have a company
willing to handle your IT needs on an on-call basis. You're not paying staff to
sit around and wait for problems, nor are you having to pay benefits or deal
with the issues that come with having
Q. 6. Explain
top – 10 leadership qualities of a Project Manager.
Answer: Over the past few
years, the people at ESI International, a leader in project management
training, have looked at what makes an effective project leader. They quizzed
some highly-talented project leaders and compiled a running tally of their
responses. Below are the top 10 qualities in rank order, according to their
frequency listed.
·
Inspires a
Shared Vision: An effective project leader is often described as having a vision of
where to go and the ability to articulate it.
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assignments
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Specialization name to our mail id :
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