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National Institute of Business
Management
Chennai -
020
EMBA/ MBA
Elective:
Project Management (Part - 1)
Attend any 4 questions. Each question carries 25 marks
(Each answer should be of minimum 2 pages / of
300 words)
Q. 1. Explain a work breakdown structure (WBS)
in project management?
Answer: A Work
Breakown Structure (WBS) is used for breaking down a project into easily
manageable components, or bites. Here we'll break down the process for you,
making it easy to use these structures in your project planning.
Company owners and project managers use the Work Breakdown Structure
(WBS) to make complex projects more manageable. The WBS is designed to help
break down a project into manageable chunks that can be effectively estimated
and
Q. 2. Why do you think Project Management
deserves to be treated as a discipline in its own right?Explain.
Answer:In today's
world of ever more complex systems/projects, dependent systems, world impacts,
scarce resources, the drive for reduced cost and higher efficiencies to reduce
environmental impacts, failed projects due to mis-management, deliberately
poorly defined requirements and the lack of properly prepared and trained
people to manage these situations, it is essential that formal training, formal
qualification and formal recognition is applied to the field of Project Management
as soon as possible. For too
Q. 3. Explain the different approaches to
managing Project activities.
Answer: Project
management approaches enable organisations to accomplish projects efficiently,
addressing both internal constraints and dynamic external situations in the
interim. Project management enables organisations to prevent or remove internal
project constraints and also adapt to unforeseen changes in project scope or
goals. An organisation can, depending on its requirements, either adopt a
standard
Q. 4. How does the paradigm of a project
member affect his/her participation in the project?Explain.
Answer:Paradigms
help us narrow down our research and navigate what we really need to research
based on several theories of how do we investigate our research question(s). I
think sometime that epistemology and ontology paradigms have larger view than
other paradigms which I think control most early researches of the social
sciences.A paradigm also carries a view of the role of any given science,
discipline or profession in society. Further, it should prescribe (but does it
always...?) that the researcher feel a responsibility for the social impact
Q. 5. If an institution intends to deliver a
franchise course, developed in another country. Explain the steps the
institution would take up to the point when it starts offering tutorials &
the steps identified, what risks are there?
Answer:The mutually
beneficial relationship that exists between franchisors and franchisees makes
franchising unique in the world of business.
It provides entrepreneurs with an affordable means of accelerating
expansion and achieving development goals more quickly than might otherwise be
the case, and with far less risk.
Similarly, franchisees have a head start because of the support provided
by the franchise system. Franchising means being
Q. 6. What is change Management? Explain.
Answer:Change
management is a systematic approach to dealing with change both from the
perspective of an organization and the individual. A somewhat ambiguous term,
change management has at least three different aspects, including: adapting to
change, controlling change, and effecting change. A proactive approach to
dealing with change is at the core of all three aspects. For an organization,
change management means defining and implementing procedures and/or
technologies to deal with changes in the
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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