PM – Fall 2016
| DRIVE | FALL 2016 |
| PROGRAM | MBA |
| SEMESTER | IV |
| SUBJECT CODE & NAME | PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT |
| BK ID | B2011 |
| CREDIT AND MARKS | 4 CREDITS AND 60 MARKS |
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.
| Q.No | Questions | Marks | Total Marks |
| 1 | Explain Business Value Models in detail. | ||
| 1. Balanced scorecard model | 4 |
10 |
|
| 2. The Treacy-Wiersema model | 3 | ||
| 3. The Kano model | 3 | ||
| 2 | What is parametric estimating? Explain the steps involved in the development of a parametric model. | ||
| 1. Define parametric estimating
2. Describe the 7 steps involved in the development of a parametric model |
3
7 |
10 |
|
| 3 | What is Capital Budgeting? What aspects of capital budgeting must be considered while selecting a project? | ||
| 1. Meaning of Capital Budgeting
2. Explain the 4 aspects of capital budgeting that must be considered while selecting a project. |
5
5 |
10 |
|
| 4 | Explain the concept and application of Earned Value. What is Time Centric Earned Value. | ||
| 1. Concept and Application of Earned Value | 6 | 10 | |
| 2. Time Centric Earned Value | 4 | ||
| 5 | Explain Benefit-Cost Ratio Analysis and Break-Even Analysis. | ||
| 1. Benefit-Cost Ratio Analysis | 5 | 10 | |
| 2. Break-Even Analysis | 5 | ||
| 6 | What are the steps that should be followed to construct a “house of quality”? | ||
| Explain the 5 steps that should be followed to construct a house of quality | 10
(2 marks each) |
10 | |
| DRIVE | FALL 2016 |
| PROGRAM | MBA |
| SEMESTER | IV |
| SUBJECT CODE & NAME | PM 0016 –PROJECT RISK MANAGEMENT |
| BK ID | B2012 |
| CREDIT AND MARKS | 4 CREDITS AND 60 MARKS |
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.
| Q.No | Question | Marks | Total Marks |
| 1 | What is Project Risk? Explain different sources of project risk with examples | ||
| 1. Project Risk | 5 | 10 | |
| 2. Sources of project risk | 5 | ||
| 2 | What is Risk Opportunity and Management System (ROMS)? What are its benefits? | ||
| 1. Define ROMS & list its objectives | 6 | 10 | |
| 2. List any 4 benefits of ROMS | 4 | ||
| 3 | What is Project Activity Risk? Explain different Categories of Risk with examples. | ||
| 1. Meaning of Project Activity Risk | 4 | 10 | |
| 2. Different Categories of Risk | 6 | ||
| 4 | What are the sources of resource risks? | ||
| Explain the sources of
1. People risks 2. Outsourcing risks 3. Money risks |
4 3 3 |
10 | |
| 5 | What is Scope Risk? Explain different types of scope risks. | ||
| 1. Meaning of scope risks | 4 | 10 | |
| 2. Types of scope risks | 6 | ||
| 6 | Explain the three point estimates used in quantitative risk analysis. | ||
| 1. Explain the term “three point estimates” | 4 | 10 | |
| 2. Why are they used in quantitative risk analysis | 6 | ||
ASSIGNMENT
| DRIVE | FALL 2016 |
| PROGRAM | MBA |
| SEMESTER | IV |
| SUBJECT CODE & NAME | PM 0017 – PROJECT QUALITY MANAGEMENT |
| BK ID | B2013 |
| CREDIT AND MARKS | 4 CREDITS AND 60 MARKS |
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.
| Q.No | Questions | Marks | Total Marks |
| 1 | What is Total Quality Management? Explain various terms used in quality management. Discuss the benefits of traditional method and contemporary method of quality assurance. | ||
| 1. Meaning of Total Quality Management (TQM)
2. various terms used in quality management 3. Benefits of traditional method and contemporary method of quality assurance. |
3
3 4 |
10 | |
| 2 | Explain the major project management standards and frameworks. | ||
| Explain the 5 major project management standards and frameworks | 10
(2 marks each) |
10 | |
| 3 | What are the benefits of quality metrics? Explain the 3 categories of quality metrics. | ||
| 1. List any 4 benefits of quality metrics
2. Describe the 3 categories of quality metrics |
4
6 |
10 | |
| 4 | What are the methods of Improving Quality? Discuss the major barriers to project quality improvement. | ||
| 1. Methods of Improving Quality
2. List and discuss the 8 major barriers to project quality improvement. |
5
5 |
10 | |
| 5 | What is SIPOC (Suppliers, Inputs, Process, Outputs, and Customers)? Which 3 factors should you focus on developing SIPOC? Explain. | ||
| 1. Define SIPOC
2. Explain the 3 factors you would focus on developing SIPOC |
4
6 |
10 |
|
| 6 | Explain Statistical Process Control (SPC) along with SPC theory and tools? | ||
| 1. Statistical Process Control (SPC)
2. SPC theory and tools |
5
5 |
10 | |
ASSIGNMENT
| DRIVE | FALL 2016 |
| PROGRAM | MBA |
| SEMESTER | IV |
| SUBJECT CODE & NAME | PM 0018 –CONTRACTS MANAGEMENT IN PROJECTS |
| BK ID | B2014 |
| CREDIT AND MARKS | 4 CREDITS AND 60 MARKS |
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.
| Q.No | Criteria | Marks | Total Marks |
| 1 | Explain the essential elements of a project contract. | ||
| Discuss the TEN essential elements of a project contract | 10 | 10 | |
| 2 | Explain the steps involved in the contract closure process. | ||
| Explain the EIGHT steps involved in the contract closure process | 10 | 10 | |
| 3 | What is an outsourcing contract? What are the Advantages and Disadvantages of Outsourcing? | ||
| · Explain about outsourcing contract.
· Advantages and Disadvantages of Outsourcing |
3
7 |
10 | |
| 4 | Discuss the process of procurement. | ||
| Explain the SIX steps of the procurement process. | 10 | 10 | |
| 5 | What is contract management? Describe its important features. | ||
| Define contract management.
List and briefly explain the important features of a good management contract. |
1
9 |
10 | |
| 6 | Write short notes on:
· Contract Structure and its elements.· Software Licensing |
||
| Contract Structure and its elements | 5 | 10 | |
| Definition Software Licensing | 5 |
